Asia-Pacific Enhanced Oil Recovery Market By Onshore Vs. Offshore, By Type (Thermal, Miscible Gas, Chemical & Others), Competition Forecast & Opportunities, 2012 – 2022
Factors such as high cost of exploration and growing need to improve production of extra heavy crude oil are driving the enhanced oil recovery market in Asia-Pacific. Countries such as China, India, South Korea and Indonesia accounted for 80% of the total consumption in Asia-Pacific. The regional market for EOR is anticipated to increase marginally until 2022, due to slump in crude oil prices. Loss in the profit margins due to the low crude oil prices would forbid the producers to increase oil production in the region, thus positively affecting the EOR market. Slow increase in the APAC EOR market by volume is due to the low crude oil prices, lesser production and slowdown in the Chinese economy. However, the market is anticipated to record better prospects after 2022.
According to “Global Enhanced Oil Recovery Market By Onshore Vs. Offshore, By Type, By Region, Competition Forecast & Opportunities, 2012 – 2022”, Asia-Pacific enhanced oil recovery market is projected to grow at a CAGR of over 12%, in value terms, during 2017-2022. Some of the leading players in Asia-Pacific enhanced oil recovery market include The Halliburton Company, BP P.L.C., China Petroleum & Chemical Corporation, Royal Dutch Shell plc, Total S.A., China National Offshore Oil Corporation and Linde AG. Onshore activities in the Europe enhanced oil recovery market dominated the by type market was dominated by Thermal. “Asia-Pacific Enhanced Oil Recovery Market, Competition Forecast & Opportunities, 2012 - 2022” report elaborates following aspects of the EOR market in Asia-Pacific:
Segmental Analysis – By Onshore vs. Offshore, by Type (Thermal, Miscible Gas, Chemical and Others) and By Country
Changing Market Trends and Emerging Opportunities
Why You Should Buy This Report?
To gain an in-depth understanding of enhanced oil recovery market in Asia-Pacific
To identify the on-going trends and segment wise anticipated growth in the coming years
To help industry consultants, tire companies and other stakeholders to align their market-centric strategies
To obtain research based business decision and add weight to presentations and marketing material
To gain competitive knowledge of leading players
To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs
The information contained in this report is based on both primary and secondary sources. Primary research included interviews with EOR product manufactures, EOR product manufacturing companies, distributors, retailers and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.
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