Global Enhanced Oil Recovery Market Scrutinised in New TechSci Research Report Now Available at MarketPublishers.com26 Nov 2015 • by Natalie Aster
LONDON – The demand for crude oil continues to grow form pole to pole given ever-rising demand for energy. The global market for enhanced oil recovery (EOR) has registered sustainable growth over the past few years. This marketplace is set to grow further in the upcoming years, with high levels of productivity achievable by utilizing EOR techniques and escalating number of mature wells being among key factors encouraging growth of the market.
EOR players increasingly make use of robotics, while the use of micro-organisms is also on the rise.
The global EOR marketplace is forecast to grow annually by around 7.95 percent over the next few years.
As of 2014, North America led the race, and its market share was more than 30 percent. This region is slated to keep its dominance in the marketplace over the period 2015-2020. North and South America and Europe are expected to be the fastest growing markets in the upcoming years.
Petrobras, Total S.A., ConocoPhillips and BP plc are some of key companies in this marketplace.
New report “Global Enhanced Oil Recovery Market Forecast and Opportunities, 2020” drawn up by TechSci Research offers an in-depth discussion of the performance of the global EOR marketplace. The research study limelights industry structure and stake holders. It contains an EOR economic model and a detailed overview of the EOR marketplace. The research report estimates market sizing and comprises valuable details on market shares. The study investigates regional and country markets. It explores market dynamics and focuses on market trends and developments. Company profiles as well as future market outlook are on hand in the report, too.
Global Enhanced Oil Recovery Market Forecast and Opportunities, 2020
Published: November, 2015
Price: US$ 4,000.00
More new studies by this publisher are available at TechSci Research page.