Enhanced Oil Recovery Market is expected to reach $41.35 billion by 2026 growing at a CAGR of 7.1%: British Petroleum, TechnipFMC, Equinor

November 16 08:45 2018

Enhanced Oil Recovery Market
According to Research Conducted, the Global Enhanced Oil Recovery Market is accounted for $22.23billion in 2017 and is expected to reach $41.35 billion by 2026 growing at a CAGR of 7.1% during the forecast period.

HTF Market Intelligence released a new research report of 170 pages on title ‘Enhanced Oil Recovery – Global Market Outlook (2017-2026)’  with detailed analysis, forecast and strategies. The study covers key regions that includes North America, Europe, Asia Pacific, South America, Middle East & Africa  and important players such as Basf Se, Chevron Phillips Chemical Company, British Petroleum, ExxonMobil Corporation, Oil and Natural Gas Corporation Ltd, Schlumberger Ltd, Lukoil Oil Co., TechnipFMC, Equinor, Abu Dhabi National Oil Company, Halliburton Co., Canadian Natural Resources, Praxair Technology, Inc., ConocoPhillips, Secure Energy Services Inc and Royal Dutch Shell Plc.

Request a sample report @ https://www.htfmarketreport.com/sample-report/1453064-enhanced-oil-recovery-global-market-outlook-1
 
Summary
According to Research Conducted, the Global Enhanced Oil Recovery Market is accounted for $22.23billion in 2017 and is expected to reach $41.35 billion by 2026 growing at a CAGR of 7.1% during the forecast period. Factors such as increasing number of mature oil fields worldwide, rising depletion in oil reserves and technological advancements are propelling the market growth. However, high cost incurred in the procedure, technical and operational issues are hindering the market growth. Moreover, focus on heavy oil reservoirs provides opportunities for the market growth.

Enhanced oil recovery is the performance of various techniques for raising the amount of crude oil that can be extracted from an oil field. Enhanced oil recovery is also called tertiary recovery. There are three primary techniques for enhanced oil recovery they are thermal recovery, gas injection, and chemical injection.

On the basis of technology, thermal-enhanced oil recovery segment acquired steady growth owing to low cost and high recovery rates associated with the use of thermal injection technology. Thermal injection technology is most widely used for enhanced oil recovery operations among the primary oil recovery and secondary oil recovery methods. By geography, North America is the major revenue contributor due to presence of a huge mature oil and gas asset base in Gulf of Mexico and availability of a good potential for unconventional sources of oil and gas in various countries such as Canada and US.

Some of the key players profiled in the Enhanced Oil Recovery Market Basf Se, Chevron Phillips Chemical Company, British Petroleum, ExxonMobil Corporation, Oil and Natural Gas Corporation Ltd, Schlumberger Ltd, Lukoil Oil Co., TechnipFMC, Equinor, Abu Dhabi National Oil Company, Halliburton Co., Canadian Natural Resources, Praxair Technology, Inc., ConocoPhillips, Secure Energy Services Inc and Royal Dutch Shell Plc.

Technologies Covered:
• Chemical-Enhanced Oil Recovery
• Gas-Enhanced Oil Recovery
• Thermal-Enhanced Oil Recovery
• Other Enhanced Oil Recovery Techniques

Applications Covered:
• Offshore
• Onshore 
 
Regions Covered:
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

Make an enquiry before buying this Report @ https://www.htfmarketreport.com/enquiry-before-buy/1453064-enhanced-oil-recovery-global-market-outlook-1

1 Executive Summary             
               
2 Preface              
 2.1 Abstract             
 2.2 Stake Holders            
 2.3 Research Scope             
 2.4 Research Methodology           
  2.4.1 Data Mining           
  2.4.2 Data Analysis           
  2.4.3 Data Validation           
  2.4.4 Research Approach           
 2.5 Research Sources            
  2.5.1 Primary Research Sources           
  2.5.2 Secondary Research Sources          
  2.5.3 Assumptions           
               
3 Market Trend Analysis            
 3.1 Introduction            
 3.2 Drivers             
 3.3 Restraints            
 3.4 Opportunities             
 3.5 Threats             
 3.6 Technology Analysis           
 3.7 Application Analysis           
 3.8 Emerging Markets            
 3.9 Futuristic Market Scenario           
               
4 Porters Five Force Analysis            
 4.1 Bargaining power of suppliers           
 4.2 Bargaining power of buyers           
 4.3 Threat of substitutes           
 4.4 Threat of new entrants           
 4.5 Competitive rivalry            
              
         
View Detailed Table of Content @ https://www.htfmarketreport.com/reports/1453064-enhanced-oil-recovery-global-market-outlook-1

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia. 

Buy this report @ https://www.htfmarketreport.com/buy-now?format=1&report=1453064

About Author: 
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”. 

Media Contact
Company Name: HTF Market Intelligence Consulting Private Limited
Contact Person: Craig Francis
Email: Send Email
Phone: 2063171218
Address:Unit No. 429, Parsonage Road
City: Edison
State: New Jersey
Country: United States
Website: https://www.htfmarketreport.com/reports/1453064-enhanced-oil-recovery-global-market-outlook-1