Global Chemical EOR Market is Projected to Grow at a CAGR of 7.8% by 2032: Visiongain Reports Ltd

Visiongain has published a new report: Global Chemical EOR Market, (COVID-19 Impact Analysis):- Market Segment by Type (Water-soluble Polymers, Surfactants, Polymer Gels, Biopolymers, Alkaline Chemicals), Market Segment by Technique {Polymer Flooding (PF), Surfactant-Polymer (SP) Flooding, Alkali-Surfactant-Polymer (ASP) Flooding, Alkali-Co-solvent-Polymer (ACP) Flooding, Low Tension Gas Flooding (LTG), Others}, Market Segment by Origin (Petro-based, Bio-based, Water-based), Market Segment by Application (Offshore, Onshore), PLUS COVID-19 Impact Analysis, and Profiles of Leading Companies, Region and Country. 

The global chemical EOR market was valued at more than US$4.00 billion in 2022 and is projected to grow at a CAGR of 7.8% during the forecast period 2022-2032. 

Continuous R&D Activities for Process Improvement  

Chemical EOR is largely restricted to small-scale pilot tests. However, growing research & development work over the past few years to increase its application area is expected to further market expansion. Many universities and other educational establishments have focused on EOR and chemical EOR development, particularly universities in the US. Other countries have specialist divisions within larger oil companies researching chemical EOR, such as in the Middle East and Asia Pacific. Alongside this is the progress being implemented by international oil companies, who are developing new formulas and applications within house or in partnership with chemical experts. 

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How will this Report Benefit you? 

Visiongain’s 300-page report provides 129 tables and 178 charts/graphs. Our new study is suitable for anyone requiring commercial, in-depth analyses for the global chemical EOR market, along with detailed segment analysis in the market. Our new study will help you evaluate the overall global and regional market for chemical EOR. Get financial analysis of the overall market and different segments including type, technique, origin, application, and company size and capture higher market share. We believe that there are strong opportunities in this fast-growing chemical EOR market. See how to use the existing and upcoming opportunities in this market to gain revenue benefits in the near future. Moreover, the report will help you to improve your strategic decision-making, allowing you to frame growth strategies, reinforce the analysis of other market players, and maximise the productivity of the company. 

Strategic Initiatives taken by Leading Companies   

Prominent companies operating in this industry are adopting different strategies such as new chemicals adoption, technological innovation, advanced production process, facility expansion, chemical production expansion, research and development, merger & acquisition, partnership, contract, and agreement in order to increase their geographical presence and consumer base in order to cater growing industry requirements. For instance, in Oct 2022, BASF and Hannong Chemicals announced a production joint venture for the commercial production of non-ionic surfactants in Asia Pacific. 

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Competitive Landscape 

The global chemical EOR industry is highly competitive in nature as large number of chemical EOR players are operating in developed as well as developing economies. Some leading companies operating in this industry are BP Plc., Canadian Natural Resources Limited, Cenovus Energy Inc., China National Offshore Oil Corporation, Equinor ASA, Royal Dutch Shell, Halliburton Company, Baker Hughes Company, Schlumberger N.V, Total SE, SINOPEC, PetroChina Company Limited, International Petroleum Corporation, Murphy Oil Corporation, Petroleum Development Oman (PDO), OMV AG (OMV), Oil and Natural Gas Corporation Limited, and BASF.  

To access the data contained in this document please email [email protected]

To find more Visiongain research reports on the Energy sector, click on the following links: 

  • Carbon Dioxide (CO2) Enhanced Oil Recovery (EOR) Market Report 2022-2032
  • Floating Liquefied Natural Gas (FLNG) Market Report 2022-2032
  • Coal Combustion Products (CCP) Market Report 2022-2032
  • Thermal Enhanced Oil Recovery (EOR) Market Report 2021-2031

Do you have any custom requirements we can help you with? Any need for a specific country, geo region, market segment or specific company information? Contact us today, we can discuss your needs and see how we can help: [email protected] 

About Visiongain 

Visiongain is one of the fastest growing and most innovative independent market intelligence providers around, the company publishes hundreds of market research reports which it adds to its extensive portfolio each year. These reports offer in-depth analysis across 18 industries worldwide. The reports, which cover 10-year forecasts, are hundreds of pages long, with in-depth market analysis and valuable competitive intelligence data. Visiongain works across a range of vertical markets with a lot of synergies. These markets include automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors. Our customised and syndicated market research reports offer a bespoke piece of market intelligence customised to your very own business needs. 


Oliver Davison
PR at Visiongain Reports Limited
Tel: + 44 0207 336 6100
Email: [email protected]

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