Delvens has released a new research study titled "Surfactant Enhanced Oil Recovery (EOR) Market" analysis by the following subjects: Industry size, share, growth, segmentation, manufacturers and innovations, major trends, market drivers, restraints, regulations, distribution methods, opportunities, strategies, prospective road maps, and yearly forecast till 2030′′. The purpose of the market research study is to thoroughly investigate the industry in order to gain knowledge of the industry and its economic potential. report also looks at SWOT and Porter's Five Forces Analysis, as well as crucial statistics like expenditure, costs, revenue, and end-clients.
The Surfactant Enhanced Oil Recovery (EOR) Market size was estimated at USD 75.72 million in 2023 and is projected to reach USD 99.85 million in 2030 at a CAGR of 4.03 during the forecast period 2023-2030.
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Surfactant Enhanced Oil Recovery (EOR) Is a technique used in the oil industry to improve the extraction of oil from reservoirs. Surfactants, or surface-active agents, are chemicals that can reduce the surface tension between liquids, such as oil and water. In Surfactant EOR, surfactants are injected into the reservoir to alter the interfacial properties between the oil, water and rock surfaces. This helps to mobilize and displace trapped oil, making it easier to flow through the reservoir and ultimately be recovered. Surfactant EOR can increase the efficiency of oil extraction, particularly in reservoirs where conventional methods have become less effective.
Surfactant Enhanced Oil Recovery (EOR) Market Segmentations:
Based on Type:
· alkylpolyglycosides,
· coconut diethanolamide,
· di-tridecyl sulfosuccinic acid ester,
· alkylpropoxy sulfate sodium salts and More
Based on Application:
· onshore,
· offshore
Based on Regions:
· North America,
· Europe,
· Asia-Pacific,
· South America, and
· Middle East and Africa
Top Competitors of Surfactant Enhanced Oil Recovery (EOR) Market:
Air Liquide, Audubon Companies, Baker Hughes Company, BASF SE, BP Plc, ChampionX, Chevron Phillips Chemical Company LLC, Clariant, Core Laboratories, Croda International plc, Exterran Corporation, Halliburton, Kappa Oil Services, Linde Plc, Premier Energy, RCS Group of Companies, Schlumberger Limited, Secure Energy, Shell, Suncor Energy Inc., TechnipFMC plc, Titan Oil Recovery, Inc., Ultimate EOR Services LLC, XYTEL Corporation.
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Recent Developments
· In May 2022, two polymer flooding-based enhanced oil recovery (EOR) projects on distinct Indian properties were granted by the state-owned Oil and Natural Gas Corporation (ONGC). SNF Flopam received a contract from ONGC's Ahmedabad asset in December 2021 for the supply of alkali surfactant polymer and injection at Jhalora field. Additionally, SNF Flopam received a comparable contract from ONGC's Mehsana asset in March 2022 for the Bechraji field.
· In July 2023, Bolivia’s state hydrocarbons company YPFB decided to begin a second phase of their enhanced oil recovery (EOR) program.
Reasons to Acquire:
· Increase your understanding of the market for identifying the most suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors.
· Gain authentic and granular data access for the Surfactant Enhanced Oil Recovery (EOR) Market to understand the trends and the factors involved in changing market situations.
· Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.
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In addition to the market data for the Surfactant Enhanced Oil Recovery (EOR) Market, Delvens offers client-centric reports customized according to the company’s specific demand and requirements.
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