Global Chemical Enhanced Oil Recovery Market (EOR / IOR) accounted for USD 743.2 million in 2016 and is projected to grow at a CAGR of 5.2% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Chemical enhanced oil recovery market research report makes available the market insights about the business scenario with which better business strategies can be built to thrive in the semiconductors&electronics industry. According to this market report, global market is supposed to witness a moderately higher growth rate during the forecast period. This renovation will mainly take place due to the actions of key players or brands like developments, product launches, joint ventures, mergers and acquisitions. This also leads to change the view of the global face of the semiconductors&electronics industry. The data of this chemical enhanced oil recovery report is represented with the tables, charts and graphs for better understanding.
Major Market Competitors: Global Chemical Enhanced Oil Recovery (EOR / IOR) Market
Some of the major players in chemical enhanced oil recovery (EOR / IOR) market Albemarle Corporation, Ashland, BASF SE, Baker Hughes Incorporated, Champion Technology Services, Inc., The Dow Chemical Company, DuPont, Halliburton, Huntsman, Kemira, Oil Chem Technologies, Schlumberger Limited, Shell Chemicals, Solvay, Stepan Company, Ecolab (TIORCO), CPGE, North American Operation (Sasol), Surtek, Inc. and many more.
Major Market Drivers:
Increasing crude oil production
Growth in deep drilling operations
Declining oil prices hindering the chemical EOR
Market Segmentation: Global Chemical Enhanced Oil Recovery (EOR / IOR) Market
(Water Soluble Polymers, Surfactants, Polymer Gels, Biopolymers, Alkaline Chemicals)
(Polymer Flooding, Surfactant-Polymer Flooding, Alkaline-Surfactant-Polymer Flooding )
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Competitive Landscape: Global Chemical Enhanced Oil Recovery (EOR / IOR) Market
The global chemical enhanced oil recovery (EOR / IOR) market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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