Global Enhanced Oil Recovery Market is Estimated to Reach $89 Billion by 2025, Says Accurize Market Research
Global Enhanced Oil Recovery Market report published by Accurize Market Research forecast that the global market is expected to reach $89 billion by 2025; growing at a CAGR of 24.3% from 2017 to 2025. By geography, Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.
To browse the complete report, visit at https://www.accurizemarketresearch.com/report/-enhanced-oil-recovery-market
Growing demand for enhanced oil recovery procedures in oil & gas industry across the globe to drive the growth of the market
Growing demand for enhanced oil recovery procedures in oil & gas industry fuels the demand for the global enhanced oil recovery market. Furthermore, large number of mature wells and increasing imports in Asia-Pacific regionalso boosts the growth of the market.
Market Segmentation
The global enhanced oil recoverymarket has been bifurcated on the basis of technology, product and geography. Technology segment includes thermal, gas injection, chemical and others. Further, product segment is segmented into onshore and offshore. By geography the market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW).
Top players in the market
The key market players include Akzonobel, Ariel, Air Liquide, Air Products And Chemicals, Inc., Basf, Baker Hughes, Babcock & Wilcox, Bauer, Bornemann, China National Petroleum Corp. and Clayton Industriesamong others.
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