Chemical Enhanced Oil Recovery (EOR / IOR)

Chemical Enhanced Oil Recovery (EOR / IOR)

Chemical Enhanced Oil Recovery (EOR / IOR) market worldwide is projected to grow by US$384.8 Million, driven by a compounded growth of 5.7%. Polymer Flooding, one of the segments analyzed and sized in this study, displays the potential to grow at over 6%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$693.1 Million by the year 2025, Polymer Flooding will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 3.6% growth momentum. Within Europe, which continues to remain an important element in the world economy, Russia will add over US$22 Million to the region's size and clout in the next 5 to 6 years. Over US$2.7 Million worth of projected demand in the region will come from Rest of Europe markets. In Canada, Polymer Flooding will reach a market size of US$64.2 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 7.3% over the next couple of years and add approximately US$149.9 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include among others, Baker Hughes Company; BASF SE; BP plc; Cargill, Inc.; Chevron Phillips Chemical Company; Dow, Inc.; Halliburton Company; Huntsman Corporation; Kemira Oyj; Oil Chem Technologies; Sasol Limited; Sinopec Corp.; SNF S.A.; Solvay S.A

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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Enhanced Oil Recovery (EOR): Critical for Unlocking the Potential of Unrecoverable Oil Reserves
Chemical Enhanced Oil Recovery (cEOR): A Highly Effective EOR Method
Global Competitor Market Shares
Chemical Enhanced Oil Recovery (EOR / IOR) Competitor Market Share Scenario Worldwide (in %): 2019
2. FOCUS ON SELECT PLAYERS
Baker Hughes Company (USA)
BASF SE (Germany)
BP plc (UK)
Cargill, Inc. (USA)
Chevron Phillips Chemical Company (USA)
Dow, Inc. (USA)
Halliburton Company (USA)
Huntsman Corporation (USA)
Kemira Oyj (Finland)
Oil Chem Technologies (USA)
Sasol Limited (South Africa)
Sinopec Corp. (China)
SNF S.A. (France)
Solvay S.A (Belgium)
3. MARKET TRENDS & DRIVERS
Growing Demand for Energy and the Need to Increase Crude Oil Production: A Significant Opportunity for Chemical EOR Market
Top Countries with Proven Reserves of Crude Oil in Billion Barrels for the Years 2014-2019
Global Crude Oil Production (in Mt) by Region for the Years 2014, 2016 and 2018
Global Crude Oil Demand in Billion Barrels for the Years 2010 through 2019
Rise in Number of Mature Oil Fields to Drive Demand for EOR Chemicals
Market Prospects Remain Robust Amid Stable Uptrend in World Oil & Gas Sector
Worldwide E&P Capital Spending in $ Billion by Region and Type of Company for the Period 2017-2019
North American E&P Capital Spending in $ Billion by Type of Company (2017-2019)
Sustained Reliance on Fossil Fuels Despite Rise of Renewables to Accelerate Market Expansion
Progressive Trend in Oilfield Chemicals Industry Creates Conducive Environment
Oilfield Chemicals Market Share Breakdown (in %) by Application: 2019
Number of Exploration and Development Wells Drilled (<400 Feet and >400 Feet) in the Gulf of Mexico for 2017
Rapid Rise in Deep Drilling Operations Augurs Well for Chemical EOR Market
Global Oil Production: Percentage Breakdown of Production Volume by Onshore, Offshore, and Offshore Deepwater Activity for the Years 2011, 2015 and 2019
Polymer Flooding: Primary cEOR Method
Polyacrylamide (PAM) for Seamless Processing of Subsurface Applications
New Polymers Come to Fore in cEOR Applications
Bio-based Polymer Materials Gain Traction
Magnetic Nanoparticles (MNPs) Effective in Contaminant Removal in Polymer Flooding Process
TRF Technique to Detect Residual Polymers in Water On-Site
Growth Lever Intact for Alkaline Flooding Solutions
Consistent Demand for Surfactant Flooding Solutions
Alkaline-Surfactant-Polymer Flooding: Popular Combination Flooding Method
Microbial Enhanced Oil Recovery: An Eco-Friendly Alternative to Petro-based EOR Chemicals
MEOR Technology Developments in China: An Overview
Microbial Enhanced Oil Recovery (MEOR) Field Tests in China: Percentage Breakdown of Number of Field Tests by Type as of 2018
Worldwide Microbial Enhanced Oil Recovery (MEOR) Field Tests: Percentage Breakdown of Number of Field Tests by Type as of 2018
Rising Prominence of Hybrid Materials in Chemical EOR Methods
Companies Focus on Innovative Chemicals to Maximize Oil Recovery
Oil Price Volatility Impacts Chemical EOR Market
Spot Crude Oil Prices ($/barrel) in Select Countries for the Years 2015 through 2018
Average Annual OPEC Crude Oil Price (in $/barrel) for the Years 2010 through 2019
4. GLOBAL MARKET PERSPECTIVE
TABLE 1: Chemical Enhanced Oil Recovery (EOR / IOR) Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2018-2025
TABLE 2: Chemical Enhanced Oil Recovery (EOR / IOR) Global Retrospective Market Scenario in US$ Thousand by Region/Country: 2009-2017
TABLE 3: Chemical Enhanced Oil Recovery (EOR / IOR) Market Share Shift across Key Geographies Worldwide: 2009 VS 2019 VS 2025
TABLE 4: Polymer Flooding (Type) World Market by Region/Country in US$ Thousand: 2018 to 2025
TABLE 5: Polymer Flooding (Type) Historic Market Analysis by Region/Country in US$ Thousand: 2009 to 2017
TABLE 6: Polymer Flooding (Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2009 VS 2019 VS 2025
TABLE 7: Alkaline-Surfactant-Polymer Flooding (Type) Potential Growth Markets Worldwide in US$ Thousand: 2018 to 2025
TABLE 8: Alkaline-Surfactant-Polymer Flooding (Type) Historic Market Perspective by Region/Country in US$ Thousand: 2009 to 2017
TABLE 9: Alkaline-Surfactant-Polymer Flooding (Type) Market Sales Breakdown by Region/Country in Percentage: 2009 VS 2019 VS 2025
TABLE 10: Surfactant-Polymer Flooding (Type) Geographic Market Spread Worldwide in US$ Thousand: 2018 to 2025
TABLE 11: Surfactant-Polymer Flooding (Type) Region Wise Breakdown of Global Historic Demand in US$ Thousand: 2009 to 2017
TABLE 12: Surfactant-Polymer Flooding (Type) Market Share Distribution in Percentage by Region/Country: 2009 VS 2019 VS 2025
TABLE 13: Other Types (Type) World Market Estimates and Forecasts by Region/Country in US$ Thousand: 2018 to 2025
TABLE 14: Other Types (Type) Market Historic Review by Region/Country in US$ Thousand: 2009 to 2017
TABLE 15: Other Types (Type) Market Share Breakdown by Region/Country: 2009 VS 2019 VS 2025
TABLE 16: Petro-based (Segment) World Market by Region/Country in US$ Thousand: 2018 to 2025
TABLE 17: Petro-based (Segment) Historic Market Analysis by Region/Country in US$ Thousand: 2009 to 2017
TABLE 18: Petro-based (Segment) Market Share Distribution in Percentage by Region/Country: 2009 VS 2019 VS 2025
TABLE 19: Bio-based (Segment) World Market Estimates and Forecasts in US$ Thousand by Region/Country: 2018 to 2025
TABLE 20: Bio-based (Segment) Market Worldwide Historic Review by Region/Country in US$ Thousand: 2009 to 2017
TABLE 21: Bio-based (Segment) Market Percentage Share Distribution by Region/Country: 2009 VS 2019 VS 2025
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
TABLE 22: United States Chemical Enhanced Oil Recovery (EOR / IOR) Market Estimates and Projections in US$ Thousand by Type: 2018 to 2025
TABLE 23: Chemical Enhanced Oil Recovery (EOR / IOR) Market in the United States by Type: A Historic Review in US$ Thousand for 2009-2017
TABLE 24: United States Chemical Enhanced Oil Recovery (EOR / IOR) Market Share Breakdown by Type: 2009 VS 2019 VS 2025
TABLE 25: United States Chemical Enhanced Oil Recovery (EOR / IOR) Market Estimates and Projections in US$ Thousand by Segment: 2018 to 2025
TABLE 26: Chemical Enhanced Oil Recovery (EOR / IOR) Market in the United States by Segment: A Historic Review in US$ Thousand for 2009-2017
TABLE 27: United States Chemical Enhanced Oil Recovery (EOR / IOR) Market Share Breakdown by Segment: 2009 VS 2019 VS 2025
CANADA
TABLE 28: Canadian Chemical Enhanced Oil Recovery (EOR / IOR) Market Estimates and Forecasts in US$ Thousand by Type: 2018 to 2025
TABLE 29: Canadian Chemical Enhanced Oil Recovery (EOR / IOR) Historic Market Review by Type in US$ Thousand: 2009-2017
TABLE 30: Chemical Enhanced Oil Recovery (EOR / IOR) Market in Canada: Percentage Share Breakdown of Sales by Type for 2009, 2019, and 2025
TABLE 31: Canadian Chemical Enhanced Oil Recovery (EOR / IOR) Market Estimates and Forecasts in US$ Thousand by Segment: 2018 to 2025
TABLE 32: Canadian Chemical Enhanced Oil Recovery (EOR / IOR) Historic Market Review by Segment in US$ Thousand: 2009-2017
TABLE 33: Chemical Enhanced Oil Recovery (EOR / IOR) Market in Canada: Percentage Share Breakdown of Sales by Segment for 2009, 2019, and 2025
CHINA
TABLE 34: Chinese Chemical Enhanced Oil Recovery (EOR / IOR) Market Growth Prospects in US$ Thousand by Type for the Period 2018-2025
TABLE 35: Chemical Enhanced Oil Recovery (EOR / IOR) Historic Market Analysis in China in US$ Thousand by Type: 2009-2017
TABLE 36: Chinese Chemical Enhanced Oil Recovery (EOR / IOR) Market by Type: Percentage Breakdown of Sales for 2009, 2019, and 2025
TABLE 37: Chinese Chemical Enhanced Oil Recovery (EOR / IOR) Market Growth Prospects in US$ Thousand by Segment for the Period 2018-2025
TABLE 38: Chemical Enhanced Oil Recovery (EOR / IOR) Historic Market Analysis in China in US$ Thousand by Segment: 2009-2017
TABLE 39: Chinese Chemical Enhanced Oil Recovery (EOR / IOR) Market by Segment: Percentage Breakdown of Sales for 2009, 2019, and 2025
EUROPE
TABLE 40: European Chemical Enhanced Oil Recovery (EOR / IOR) Market Demand Scenario in US$ Thousand by Region/Country: 2018-2025
TABLE 41: Chemical Enhanced Oil Recovery (EOR / IOR) Market in Europe: A Historic Market Perspective in US$ Thousand by Region/Country for the Period 2009-2017
TABLE 42: European Chemical Enhanced Oil Recovery (EOR / IOR) Market Share Shift by Region/Country: 2009 VS 2019 VS 2025
TABLE 43: European Chemical Enhanced Oil Recovery (EOR / IOR) Market Estimates and Forecasts in US$ Thousand by Type: 2018-2025
TABLE 44: Chemical Enhanced Oil Recovery (EOR / IOR) Market in Europe in US$ Thousand by Type: A Historic Review for the Period 2009-2017
TABLE 45: European Chemical Enhanced Oil Recovery (EOR / IOR) Market Share Breakdown by Type: 2009 VS 2019 VS 2025
TABLE 46: European Chemical Enhanced Oil Recovery (EOR / IOR) Market Estimates and Forecasts in US$ Thousand by Segment: 2018-2025
TABLE 47: Chemical Enhanced Oil Recovery (EOR / IOR) Market in Europe in US$ Thousand by Segment: A Historic Review for the Period 2009-2017
TABLE 48: European Chemical Enhanced Oil Recovery (EOR / IOR) Market Share Breakdown by Segment: 2009 VS 2019 VS 2025
UNITED KINGDOM
TABLE 49: United Kingdom Market for Chemical Enhanced Oil Recovery (EOR / IOR): Annual Sales Estimates and Projections in US$ Thousand by Type for the Period 2018-2025
TABLE 50: Chemical Enhanced Oil Recovery (EOR / IOR) Market in the United Kingdom: Historic Sales Analysis in US$ Thousand by Type for the Period 2009-2017
TABLE 51: United Kingdom Chemical Enhanced Oil Recovery (EOR / IOR) Market Share Analysis by Type: 2009 VS 2019 VS 2025
TABLE 52: United Kingdom Market for Chemical Enhanced Oil Recovery (EOR / IOR): Annual Sales Estimates and Projections in US$ Thousand by Segment for the Period 2018-2025
TABLE 53: Chemical Enhanced Oil Recovery (EOR / IOR) Market in the United Kingdom: Historic Sales Analysis in US$ Thousand by Segment for the Period 2009-2017
TABLE 54: United Kingdom Chemical Enhanced Oil Recovery (EOR / IOR) Market Share Analysis by Segment: 2009 VS 2019 VS 2025
RUSSIA
TABLE 55: Russian Chemical Enhanced Oil Recovery (EOR / IOR) Market Estimates and Projections in US$ Thousand by Type: 2018 to 2025
TABLE 56: Chemical Enhanced Oil Recovery (EOR / IOR) Market in Russia by Type: A Historic Review in US$ Thousand for 2009-2017
TABLE 57: Russian Chemical Enhanced Oil Recovery (EOR / IOR) Market Share Breakdown by Type: 2009 VS 2019 VS 2025
TABLE 58: Russian Chemical Enhanced Oil Recovery (EOR / IOR) Market Estimates and Projections in US$ Thousand by Segment: 2018 to 2025
TABLE 59: Chemical Enhanced Oil Recovery (EOR / IOR) Market in Russia by Segment: A Historic Review in US$ Thousand for 2009-2017
TABLE 60: Russian Chemical Enhanced Oil Recovery (EOR / IOR) Market Share Breakdown by Segment: 2009 VS 2019 VS 2025
KAZAKHSTAN
TABLE 61: Chemical Enhanced Oil Recovery (EOR / IOR) Market in Kazakhstan: Recent Past, Current and Future Analysis in US$ Thousand by Type for the Period 2018-2025
TABLE 62: Kazakhstan Chemical Enhanced Oil Recovery (EOR / IOR) Historic Market Analysis in US$ Thousand by Type: 2009-2017
TABLE 63: Chemical Enhanced Oil Recovery (EOR / IOR) Market Share Distribution in Kazakhstan by Type: 2009 VS 2019 VS 2025
TABLE 64: Chemical Enhanced Oil Recovery (EOR / IOR) Market in Kazakhstan: Recent Past, Current and Future Analysis in US$ Thousand by Segment for the Period 2018-2025
TABLE 65: Kazakhstan Chemical Enhanced Oil Recovery (EOR / IOR) Historic Market Analysis in US$ Thousand by Segment: 2009-2017
TABLE 66: Chemical Enhanced Oil Recovery (EOR / IOR) Market Share Distribution in Kazakhstan by Segment: 2009 VS 2019 VS 2025
NORWAY
TABLE 67: Chemical Enhanced Oil Recovery (EOR / IOR) Market in Norway: Recent Past, Current and Future Analysis in US$ Thousand by Type for the Period 2018-2025
TABLE 68: Norway Chemical Enhanced Oil Recovery (EOR / IOR) Historic Market Analysis in US$ Thousand by Type: 2009-2017
TABLE 69: Chemical Enhanced Oil Recovery (EOR / IOR) Market Share Distribution in Norway by Type: 2009 VS 2019 VS 2025
TABLE 70: Chemical Enhanced Oil Recovery (EOR / IOR) Market in Norway: Recent Past, Current and Future Analysis in US$ Thousand by Segment for the Period 2018-2025
TABLE 71: Norway Chemical Enhanced Oil Recovery (EOR / IOR) Historic Market Analysis in US$ Thousand by Segment: 2009-2017
TABLE 72: Chemical Enhanced Oil Recovery (EOR / IOR) Market Share Distribution in Norway by Segment: 2009 VS 2019 VS 2025
REST OF EUROPE
TABLE 73: Rest of Europe Chemical Enhanced Oil Recovery (EOR / IOR) Market Estimates and Forecasts in US$ Thousand by Type: 2018-2025
TABLE 74: Chemical Enhanced Oil Recovery (EOR / IOR) Market in Rest of Europe in US$ Thousand by Type: A Historic Review for the Period 2009-2017
TABLE 75: Rest of Europe Chemical Enhanced Oil Recovery (EOR / IOR) Market Share Breakdown by Type: 2009 VS 2019 VS 2025
TABLE 76: Rest of Europe Chemical Enhanced Oil Recovery (EOR / IOR) Market Estimates and Forecasts in US$ Thousand by Segment: 2018-2025
TABLE 77: Chemical Enhanced Oil Recovery (EOR / IOR) Market in Rest of Europe in US$ Thousand by Segment: A Historic Review for the Period 2009-2017
TABLE 78: Rest of Europe Chemical Enhanced Oil Recovery (EOR / IOR) Market Share Breakdown by Segment: 2009 VS 2019 VS 2025
ASIA-PACIFIC
TABLE 79: Chemical Enhanced Oil Recovery (EOR / IOR) Market in Asia-Pacific by Type: Estimates and Projections in US$ Thousand for the Period 2018-2025
TABLE 80: Asia-Pacific Chemical Enhanced Oil Recovery (EOR / IOR) Historic Market Scenario in US$ Thousand by Type: 2009-2017
TABLE 81: Asia-Pacific Chemical Enhanced Oil Recovery (EOR / IOR) Market Share Analysis by Type: 2009 VS 2019 VS 2025
TABLE 82: Chemical Enhanced Oil Recovery (EOR / IOR) Market in Asia-Pacific by Segment: Estimates and Projections in US$ Thousand for the Period 2018-2025
TABLE 83: Asia-Pacific Chemical Enhanced Oil Recovery (EOR / IOR) Historic Market Scenario in US$ Thousand by Segment: 2009-2017
TABLE 84: Asia-Pacific Chemical Enhanced Oil Recovery (EOR / IOR) Market Share Analysis by Segment: 2009 VS 2019 VS 2025
MIDDLE EAST
TABLE 85: Middle East Chemical Enhanced Oil Recovery (EOR / IOR) Market Estimates and Forecasts in US$ Thousand by Type: 2018 to 2025
TABLE 86: Middle East Chemical Enhanced Oil Recovery (EOR / IOR) Historic Market Review by Type in US$ Thousand: 2009-2017
TABLE 87: Chemical Enhanced Oil Recovery (EOR / IOR) Market in Middle East: Percentage Share Breakdown of Sales by Type for 2009, 2019, and 2025
TABLE 88: Middle East Chemical Enhanced Oil Recovery (EOR / IOR) Market Estimates and Forecasts in US$ Thousand by Segment: 2018 to 2025
TABLE 89: Middle East Chemical Enhanced Oil Recovery (EOR / IOR) Historic Market Review by Segment in US$ Thousand: 2009-2017
TABLE 90: Chemical Enhanced Oil Recovery (EOR / IOR) Market in Middle East: Percentage Share Breakdown of Sales by Segment for 2009, 2019, and 2025
REST OF WORLD
TABLE 91: Rest of World Chemical Enhanced Oil Recovery (EOR / IOR) Market Estimates and Forecasts in US$ Thousand by Type: 2018 to 2025
TABLE 92: Rest of World Chemical Enhanced Oil Recovery (EOR / IOR) Historic Market Review by Type in US$ Thousand: 2009-2017
TABLE 93: Chemical Enhanced Oil Recovery (EOR / IOR) Market in Rest of World: Percentage Share Breakdown of Sales by Type for 2009, 2019, and 2025
TABLE 94: Rest of World Chemical Enhanced Oil Recovery (EOR / IOR) Market Estimates and Forecasts in US$ Thousand by Segment: 2018 to 2025
TABLE 95: Rest of World Chemical Enhanced Oil Recovery (EOR / IOR) Historic Market Review by Segment in US$ Thousand: 2009-2017
TABLE 96: Chemical Enhanced Oil Recovery (EOR / IOR) Market in Rest of World: Percentage Share Breakdown of Sales by Segment for 2009, 2019, and 2025
IV. COMPETITION
1. ASHLAND GLOBAL HOLDINGS, INC.
2. AZUREN BV
3. BAKER HUGHES A GE COMPANY LLC
4. BASF SE
5. BP PLC
6. CANADIAN NATURAL RESOURCES LTD.
7. CARGILL, INC.
8. CHEMEOR, INC.
9. CHEMICAL FLOODING TECHNOLOGIES, LLC
10. CHEMIPHASE LTD.
11. CHEVRON CORPORATION
CHEVRON PHILLIPS CHEMICAL COMPANY LLC
PT CHEVRON PACIFIC INDONESIA
12. CHINA NATIONAL PETROLEUM CORPORATION
13. CLARIANT AG
14. DOW INC.
15. DUPONT DE NEMOURS INC.
16. ECOLAB INC.
17. ENVIROFLUID PTY LTD.
18. EVONIK INDUSTRIES AG
19. FLOTEK INDUSTRIES INC.
20. HALLIBURTON COMPANY
21. HUNTSMAN CORPORATION
22. IFP ENERGIES NOUVELLES (IFPEN)
23. KEMIRA OYJ
24. MIRRICO LLC
25. MK TECH SOLUTIONS, INC.
26. NOVOKORE
27. OIL CHEM TECHNOLOGIES
28. PETROLEUM DEVELOPMENT OMAN LLC (PDO)
29. ROYAL DUTCH SHELL PLC
30. SASOL LTD.
SASOL NORTH AMERICA INC.
SASOL GERMANY GMBH
31. SCHLUMBERGER LTD.
32. SECURE ENERGY SERVICES INC.
33. SEPCOR INC.
34. SGS SA
35. SHANDONG POLYMER BIO-CHEMICALS CO., LTD.
36. SHRIEVE CHEMICAL COMPANY
37. SINOPEC CORPORATION
38. SNF GROUP
39. SOLVAY SA
40. STEPAN COMPANY
41. SURTEK INC.
42. SYNTHEX ORGANICS
43. TOTAL SA
44. UNGER FABRIKKER AS
45. ZARGON OIL & GAS LTD.
46. ZL EOR CHEMICALS LTD.

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