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Enhanced Oil Recovery (EOR) Market Analysis By Technology (Thermal, Gas Injection, Chemical), By Application (Onshore, Offshore), By Regions (North America, APAC, Europe, CSA, MEA), Competitive Strategies, And Segment Forecasts, 2014 - 2025

Enhanced Oil Recovery (EOR) Market Analysis By Technology (Thermal, Gas Injection, Chemical), By Application (Onshore, Offshore), By Regions (North America, APAC, Europe, CSA, MEA), Competitive Strategies, And Segment Forecasts, 2014 - 2025

The global enhanced oil recovery (EOR) market size is expected to reach USD 185.22 million by 2025, according to a new report by Grand View Research, Inc. The widening gap between the production and demand of oil globally is the major factor for the growth of enhanced oil recovery market. In addition, favorable government regulation and initiatives for developing a proper infrastructure and advanced technology for oil production is also expected to fuel the market.

Rising number of matured & aged wells especially in North America is driving the EOR market. The multinational companies are developing new and improved techniques to extract oil from these wells in a cost effective ways. Globally, thermal recovery is the most preferred technology for enhancing the oil extraction. Thermal recovery is done through steam & fire flooding and reserve heating. Heat or steam is introduced into the well to reduce the viscosity of the oil.

Chemical and gas injection are witnessing a remarkable growth. These technologies are expected to capture the market share of thermal recovery owing to various advantages. The application areas of enhanced oil recovery market are segmented into onshore and offshore. The offshore area is expected to grow at a significant rate. Various companies are trying to develop technologies to overcome the major challenges faced in offshore EOR. Some of the challenges faced by offshore EOR are reservoir characterization, limited platform space, transportation, storage and availability of EOR injections, large well spacing, high operating and capital cost.

Further key Findings from the Study Suggest:

The global enhanced oil recovery (EOR) market is anticipated to reach 11.52 million bbl by 2025, growing at a CAGR of 8.8% from 2016 to 2025

North America was the leading market in 2015 and is expected to show the same trend over the forecast period

Europe is expected to witness a remarkable growth rate of 6.1% over the next nine years, owing to increase in the demand for primary energy

Asian countries especially India and China are expected to have a remarkable growth

The market is partially consolidated and competitive in nature, with presence of global multinational players

Some of the key companies present in the market are ExxonMobil Corporation, BP p.l.c., China Petroleum & Chemical Corporation, Royal Dutch Shell plc, Chevron Phillips Chemical Company LP., Lukoil Oil Company, Praxair Technology, Inc, Chevron Corporation, Petroleo Brasileiro S.A., Cenovus Energy Inc.


Chapter 1 Methodology and Scope
1.1 Research methodology
1.2 Research scope and assumptions
1.3 List of data technology
Chapter 2 Executive Summary
2.1 Market Snapshot
Chapter 3 Enhanced Oil Recovery Market Variables, Trends & Scope
3.1 Market segmentation & scope
3.2 Penetration & growth prospect mapping
3.3 Value chain analysis
3.4 Regulatory Framework
3.5 Technology framework
3.6 Market dynamics
3.6.1 Market driver analysis
3.6.1.1 Increasing number of matured and aged wells
3.6.1.2 Investment in R&D for developing new technology
3.6.1.3 Increasing oil demand and heavy imports in Asia Pacific
3.6.2 Market restraint analysis
3.6.2.1 Drop in oil prices
3.7 Key opportunities prioritized
3.8 Industry analysis - Porter’s
3.9 PESTEL analysis
Chapter 4 Enhanced Oil Recovery (EOR) Market: Technology Estimates & Trend Analysis
4.1 Enhanced Oil Recovery (EOR) market share by technology, 2015 &2025
4.2 Global Enhanced Oil Recovery (EOR) market, by technology 2014 - 2025
4.2.1 Thermal
4.2.1.1 Market estimates and forecast, 2014 - 2025 (Million bbl) (USD Million)
4.2.2 Chemical
4.2.2.1 Market estimates and forecast, 2014 - 2025 (Million bbl) (USD Million)
4.2.3 Gas Injection
4.2.2.1 Market estimates and forecast, 2014 - 2025 (Million bbl) (USD Million)
Chapter 5 Enhanced Oil Recovery (EOR) Market: Application Estimates & Trend Analysis
5.1 Enhanced Oil Recovery (EOR) market share by application area, 2015 &2025
5.2 Global Enhanced Oil Recovery (EOR) market, by application area, 2014 - 2025
5.2.1 Onshore
5.2.1.1 Market estimates and forecast, 2014 - 2025 (Million bbl) (USD Million)
5.2.2 Offshore
5.2.2.1 Market estimates and forecast, 2014 - 2025 (Million bbl) (USD Million)
Chapter 6 Enhanced Oil Recovery (EOR) Market: Regional Estimates & Trend Analysis
6.1 Enhanced Oil Recovery (EOR) market share by region, 2015 &2024
6.2 Global Enhanced Oil Recovery (EOR) market, by region 2014 - 2025
6.3 North America
6.3.1 Market estimates and forecast, 2014 - 2025 (Million bbl) (USD Million)
6.3.2 Market estimates and forecast, by technology, 2014 - 2025 (Million bbl) (USD Million)
6.3.3 Market estimates and forecast, by application area, 2014 - 2025 (Million bbl) (USD Million)
6.3.4 U.S.
6.3.4.1 Market estimates and forecast, by technology, 2014 - 2025 (Million bbl) (USD Million)
6.3.4.2 Market estimates and forecast, by application area, 2014 - 2025 (Million bbl) (USD Million)
6.3.5 Canada
6.3.5.1 Market estimates and forecast, by technology, 2014 - 2025 (Million bbl) (USD Million)
6.3.5.2 Market estimates and forecast, by application area, 2014 - 2025 (Million bbl) (USD Million)
6.3.6 Mexico
6.3.6.1 Market estimates and forecast, by technology, 2014 - 2025 (Million bbl) (USD Million)
6.3.6.2 Market estimates and forecast, by application area, 2014 - 2025 (Million bbl) (USD Million)
6.4 Europe
6.4.1 Market estimates and forecast, 2014 - 2025 (Million bbl) (USD Million)
6.4.2 Market estimates and forecast, by technology, 2014 - 2025 (Million bbl) (USD Million)
6.4.3 Market estimates and forecast, by application area, 2014 - 2025 (Million bbl) (USD Million)
6.4.4 UK
6.4.4.1 Market estimates and forecast, by technology, 2014 - 2025 (Million bbl) (USD Million)
6.4.4.2 Market estimates and forecast, by application area, 2014 - 2025 (Million bbl) (USD Million)
6.4.5 Germany
6.4.5.1 Market estimates and forecast, by technology, 2014 - 2025 (Million bbl) (USD Million)
6.4.5.2 Market estimates and forecast, by application area, 2014 - 2025 (Million bbl) (USD Million)
6.5 Asia Pacific
6.5.1 Market estimates and forecast, 2014 - 2025 (Million bbl) (USD Million)
6.5.2 Market estimates and forecast, by technology, 2014 - 2025 (Million bbl) (USD Million)
6.5.3 Market estimates and forecast, by application area, 2014 - 2025 (Million bbl) (USD Million)
6.5.4 China
6.5.4.1 Market estimates and forecast, by technology, 2014 - 2025 (Million bbl) (USD Million)
6.5.4.2 Market estimates and forecast, by application area, 2014 - 2025 (Million bbl) (USD Million)
6.5.5 India
6.5.5.1 Market estimates and forecast, by technology, 2014 - 2025 (Million bbl) (USD Million)
6.5.5.2 Market estimates and forecast, by application area, 2014 - 2025 (Million bbl) (USD Million)
6.6 Central & South America (CSA)
6.6.1 Market estimates and forecast, 2014 - 2025 (Million bbl) (USD Million)
6.6.2 Market estimates and forecast, by technology, 2014 - 2025 (Million bbl) (USD Million)
6.6.3 Market estimates and forecast, by application area, 2014 - 2025 (Million bbl) (USD Million)
6.7 Middle East & Africa (MEA)
6.7.1 Market estimates and forecast, 2014 - 2025 (Million bbl) (USD Million)
6.7.2 Market estimates and forecast, by technology, 2014 - 2025 (Million bbl) (USD Million)
6.7.3 Market estimates and forecast, by application area, 2014 - 2025 (Million bbl) (USD Million)
Chapter 7 Competitive Landscape
7.1 Regional Market Analysis
7.2 Vendor Landscape
7.3 Competitive Environment
7.4 Strategy Framework
Chapter 8 Company Profiles
8.1 ExxonMobil Corporation
8.1.1 Company Overview
8.1.2 Financial Performance
8.1.3 Industries and Services Catered
8.1.4 Product Benchmarking
8.1.5 Strategic Initiatives
8.2 BP p.l.c.
8.2.1 Company Overview
8.2.2 Financial Performance
8.2.3 Industries and Services Catered
8.2.4 Product Benchmarking
8.3 China Petroleum & Chemical Corporation
8.3.1 Company Overview
8.3.2 Financial Performance
8.3.3 Industries and Services Catered
8.3.4 Product Benchmarking
8.4 Royal Dutch Shell plc
8.4.1 Company Overview
8.4.2 Financial Performance
8.4.3 Industries and Services Catered
8.4.4 Product Benchmarking
8.5 Chevron Phillips Chemical Company LP
8.5.1 Company Overview
8.5.2 Financial Performance
8.5.3 Industries and Services Catered
8.5.4 Product Benchmarking
8.6 Petroliam Nasional Berhad (Petronas)
8.6.1 Company Overview
8.6.2 Financial Performance
8.6.3 Industries and Services Catered
8.6.4 Product Benchmarking
8.7 Nalco Company
8.7.1 Company Overview
8.7.2 Financial Performance
8.7.3 Industries and Services Catered
8.7.4 Product Benchmarking
8.8 Statoil ASA
8.8.1 Company Overview
8.8.2 Financial Performance
8.8.3 Industries and Services Catered
8.8.4 Product Benchmarking
8.9 Lukoil Oil Company
8.9.1 Company Overview
8.9.2 Financial Performance
8.9.3 Industries and Services Catered
8.9.4 Product Benchmarking
8.10 Praxair Technology, Inc
8.10.1 Company Overview
8.10.2 Financial Performance
8.10.3 Industries and Services Catered
8.10.4 Product Benchmarking
8.11 Praxair Technology, Inc
8.11.1 Company Overview
8.11.2 Financial Performance
8.11.3 Industries and Services Catered
8.11.4 Product Benchmarking
8.12 Petroleo Brasileiro S.A
8.12.1 Company Overview
8.12.2 Financial Performance
8.12.3 Industries and Services Catered
8.12.4 Product Benchmarking
8.13 Cenovus Energy Inc
8.13.1 Company Overview
8.13.2 Financial Performance
8.13.3 Industries and Services Catered
8.13.4 Product Benchmarking
List of Tables
TABLE 1 Enhanced Oil Recovery (EOR) - Key market driver impact
TABLE 2 Enhanced Oil Recovery (EOR) - Key market restraints impact
TABLE 3 Global Enhanced Oil Recovery (EOR) market, by technology, 2014 - 2025 (Million bbl)
TABLE 4 Global Enhanced Oil Recovery (EOR) market, by technology, 2014 - 2025 (USD Million)
TABLE 5 Thermal market estimates and forecast by region, 2014 - 2025 (Million bbl)
TABLE 6 Thermal market estimates and forecast by region, 2014 - 2025 (USD Million)
TABLE 7 Chemical market estimates and forecast by region, 2014 - 2025 (Million bbl)
TABLE 8 Chemical market estimates and forecast by region, 2014 - 2025 (USD Million)
TABLE 9 Gas Injection market estimates and forecast by region, 2014 - 2025 (Million bbl)
TABLE 10 Gss Injection market estimates and forecast by region, 2014 - 2025 (USD Million)
TABLE 11 Others EOR market estimates and forecast by region, 2014 - 2025 (Million bbl)
TABLE 12 Others EORmarket estimates and forecast by region, 2014 - 2025 (USD Million)
TABLE 13 Global Enhanced Oil Recovery (EOR) market, by application area, 2014 - 2025 (Million bbl)
TABLE 14 Global Enhanced Oil Recovery (EOR) market, by application area, 2014 - 2025 (USD Million)
TABLE 15 Onshore market estimates and forecast by region, 2014 - 2025 (Million bbl)
TABLE 16 Onshore market estimates and forecast by region, 2014 - 2025 (USD Million)
TABLE 17 Offshore market estimates and forecast by region, 2014 - 2025 (Million bbl)
TABLE 18 Offshore market estimates and forecast by region, 2014 - 2025 (USD Million)
TABLE 19 Global Enhanced Oil Recovery (EOR) market, by region, 2014 - 2025 (Million bbl)
TABLE 20 Global Enhanced Oil Recovery (EOR) market, by region, 2014 - 2025 (USD Million)
TABLE 21 North America Enhanced Oil Recovery (EOR) market estimates and forecast, 2014 - 2025 (Million bbl) (USD Million)
TABLE 22 North America Enhanced Oil Recovery (EOR) market estimates and forecast, by technology, 2014 - 2025 (Million bbl)
TABLE 23 North America Enhanced Oil Recovery (EOR) market estimates and forecast, by technology, 2014 - 2025 (USD Million)
TABLE 24 North America Enhanced Oil Recovery (EOR) market estimates and forecast, by application area, 2014 - 2025 (Million bbl)
TABLE 25 North America Enhanced Oil Recovery (EOR) market estimates and forecast, by application area, 2014 - 2025 (Million bbl)
TABLE 26 U.S. Enhanced Oil Recovery (EOR) market estimates and forecast, 2014 - 2025 (Million bbl) (USD Million)
TABLE 27 U.S. Enhanced Oil Recovery (EOR) market estimates and forecast, by technology, 2014 - 2025 (Million bbl)
TABLE 28 U.S. Enhanced Oil Recovery (EOR) market estimates and forecast, by technology, 2014 - 2025 (USD Million)
TABLE 29 U.S. Enhanced Oil Recovery (EOR) market estimates and forecast, by application area, 2014 - 2025 (Million bbl)
TABLE 30 U.S. Enhanced Oil Recovery (EOR) market estimates and forecast, by application area, 2014 - 2025 (USD Million)
TABLE 31 Europe Enhanced Oil Recovery (EOR) market estimates and forecast, 2014 - 2025 (Million bbl) (USD Million)
TABLE 32 Europe Enhanced Oil Recovery (EOR) market estimates and forecast, by technology, 2014 - 2025 (Million bbl)
TABLE 33 Europe Enhanced Oil Recovery (EOR) market estimates and forecast, by technology, 2014 - 2025 (USD Million)
TABLE 34 Europe Enhanced Oil Recovery (EOR) market estimates and forecast, by application area, 2014 - 2025 (Million bbl)
TABLE 35 Europe Enhanced Oil Recovery (EOR) market estimates and forecast, by application area, 2014 - 2025 (Million bbl)
TABLE 36 UK Enhanced Oil Recovery (EOR) market estimates and forecast, 2014 - 2025 (Million bbl) (USD Million)
TABLE 37 UK Enhanced Oil Recovery (EOR) market estimates and forecast, by technology, 2014 - 2025 (Million bbl)
TABLE 38 UK Enhanced Oil Recovery (EOR) market estimates and forecast, by technology, 2014 - 2025 (USD Million)
TABLE 39 UK Enhanced Oil Recovery (EOR) market estimates and forecast, by application area, 2014 - 2025 (Million bbl)
TABLE 40 UK Enhanced Oil Recovery (EOR) market estimates and forecast, by application area, 2014 - 2025 (USD Million)
TABLE 41 Germany Enhanced Oil Recovery (EOR) market estimates and forecast, 2014 - 2025 (Million bbl) (USD Million)
TABLE 42 Germany Enhanced Oil Recovery (EOR) market estimates and forecast, by technology, 2014 - 2025 (Million bbl)
TABLE 43 Germany Enhanced Oil Recovery (EOR) market estimates and forecast, by technology, 2014 - 2025 (USD Million)
TABLE 44 Germany Enhanced Oil Recovery (EOR) market estimates and forecast, by application area, 2014 - 2025 (Million bbl)
TABLE 45 Germany Enhanced Oil Recovery (EOR) market estimates and forecast, by application area, 2014 - 2025 (USD Million)
TABLE 46 Asia Pacific Enhanced Oil Recovery (EOR) market estimates and forecast, 2014 - 2025 (Million bbl) (USD Million)
TABLE 47 Asia Pacific Enhanced Oil Recovery (EOR) market estimates and forecast, by technology, 2014 - 2025 (Million bbl)
TABLE 48 Asia Pacific Enhanced Oil Recovery (EOR) market estimates and forecast, by technology, 2014 - 2025 (USD Million)
TABLE 49 Asia Pacific Enhanced Oil Recovery (EOR) market estimates and forecast, by application area, 2014 - 2025 (Million bbl)
TABLE 50 Asia Pacific Enhanced Oil Recovery (EOR) market estimates and forecast, by application area, 2014 - 2025 (Million bbl)
TABLE 51 China Enhanced Oil Recovery (EOR) market estimates and forecast, 2014 - 2025 (Million bbl) (USD Million)
TABLE 52 China Enhanced Oil Recovery (EOR) market estimates and forecast, by technology, 2014 - 2025 (Million bbl)
TABLE 53 China Enhanced Oil Recovery (EOR) market estimates and forecast, by technology, 2014 - 2025 (USD Million)
TABLE 54 China Enhanced Oil Recovery (EOR) market estimates and forecast, by application area, 2014 - 2025 (Million bbl)
TABLE 55 China Enhanced Oil Recovery (EOR) market estimates and forecast, by application area, 2014 - 2025 (USD Million)
TABLE 56 India Enhanced Oil Recovery (EOR) market estimates and forecast, 2014 - 2025 (Million bbl) (USD Million)
TABLE 57 India Enhanced Oil Recovery (EOR) market estimates and forecast, by technology, 2014 - 2025 (Million bbl)
TABLE 58 India Enhanced Oil Recovery (EOR) market estimates and forecast, by technology, 2014 - 2025 (USD Million)
TABLE 59 India Enhanced Oil Recovery (EOR) market estimates and forecast, by application area, 2014 - 2025 (Million bbl)
TABLE 60 India Enhanced Oil Recovery (EOR) market estimates and forecast, by application area, 2014 - 2025 (USD Million)
TABLE 61 CSA Enhanced Oil Recovery (EOR) market estimates and forecast, 2014 - 2025 (Million bbl) (USD Million)
TABLE 62 CSA Enhanced Oil Recovery (EOR) market estimates and forecast, by technology, 2014 - 2025 (Million bbl)
TABLE 63 CSA Enhanced Oil Recovery (EOR) market estimates and forecast, by technology, 2014 - 2025 (USD Million)
TABLE 64 CSA Enhanced Oil Recovery (EOR) market estimates and forecast, by application area, 2014 - 2025 (Million bbl)
TABLE 65 CSA Enhanced Oil Recovery (EOR) market estimates and forecast, by application area, 2014 - 2025 (Million bbl)
TABLE 66 MEA Enhanced Oil Recovery (EOR) market estimates and forecast, 2014 - 2025 (Million bbl) (USD Million)
TABLE 67 MEA Enhanced Oil Recovery (EOR) market estimates and forecast, by technology, 2014 - 2025 (Million bbl)
TABLE 68 MEA Enhanced Oil Recovery (EOR) market estimates and forecast, by technology, 2014 - 2025 (USD Million)
TABLE 69 MEA Enhanced Oil Recovery (EOR) market estimates and forecast, by application area, 2014 - 2025 (Million bbl)
TABLE 70 MEA Enhanced Oil Recovery (EOR) market estimates and forecast, by application area, 2014 - 2025 (Million bbl)
List of Figures
FIG. 1 Enhanced Oil Recovery (EOR) market share, 2015 (USD Million)
FIG. 2 Enhanced Oil Recovery (EOR) snapshot
FIG. 3 Enhanced Oil Recovery (EOR) market segmentation
FIG. 4 Enhanced Oil Recovery (EOR) market, 2014 - 2025 (USD Million) (Million bbl)
FIG. 5 Enhanced Oil Recovery (EOR) value chain analysis
FIG. 6 Enhanced Oil Recovery (EOR) market dynamics
FIG. 7 Oil production estimates by country , 2012 - 2015 (Thousand barrels per day)
FIG. 8 Oil production, consumption and surplus/deficit by major region (million barrels par day), 2006
FIG. 9 Key opportunities prioritized
FIG. 10 Enhanced Oil Recovery (EOR) - Porter’s analysis
FIG. 11 Enhanced Oil Recovery (EOR) - PESTEL analysis
FIG. 12 Enhanced Oil Recovery (EOR) market share by technology in terms of volume, 2015 & 2025
FIG. 13 Enhanced Oil Recovery (EOR) market share by application area in terms of volume, 2015 & 2025
FIG. 14 Enhanced Oil Recovery (EOR) market share by region on terms of volume 2015 & 2025
FIG. 15 Competitive strategy adopted by leading players

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