Global Enhanced Oil Recovery Market is Estimated to Reach $89 Billion by 2025


Posted August 23, 2019 by mohinip

The report highlights the key trends, market outlook and the global scenario of the Global Enhanced Oil Recovery Market. The market sizing is provided from 2016 to 2025, wherein the forecast is provided from 2017 to 2025.
 
Global Enhanced Oil Recovery Market report published by Accurize Market Research forecast that the global market is expected to reach $89 billion by 2025; growing at a CAGR of 24.3% from 2017 to 2025. By geography, the Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.

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Growing demand for enhanced oil recovery procedures in the oil & gas industry across the globe to drive the growth of the market

Growing demand for enhanced oil recovery procedures in the oil & gas industry fuels the demand for the global enhanced oil recovery market. Furthermore, a large number of mature wells and increasing imports in the Asia-Pacific regional boost the growth of the market.

Market Segmentation

The global enhanced oil recovery market has been bifurcated on the basis of technology, product, and geography. The technology segment includes thermal, gas injection, chemical, and others. Further, the product segment is segmented into onshore and offshore. By geography, the market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW).

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Top players in the market

The key market players include Akzonobel, Ariel, Air Liquide, Air Products And Chemicals, Inc., Basf, Baker Hughes, Babcock & Wilcox, Bauer, Bornemann, China National Petroleum Corp., and Clayton Industries among others.
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Issued By Mohini Patil
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Business Address wakad
Country India
Categories Energy
Tags enhanced oil recovery market , forecast , regional , report , revenue , size
Last Updated August 23, 2019