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Carbon Dioxide (CO2) Enhanced Oil Recovery (EOR) Market Report 2022-2032

·6-min read

Forecasts by Type (Miscible EOR, Immiscible EOR), by CO2 Source (Natural CO2 Deposits, Carbon Capture and Storage, Industrial CO2, Other), by Equipment (Drilling Equipment, Production Well, Injection Well Equipment, Lease Equipment, Other) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies AND COVID-19 Impact and Recovery Pattern Analysis 

New York, July 29, 2022 (GLOBE NEWSWIRE) -- announces the release of the report "Carbon Dioxide (CO2) Enhanced Oil Recovery (EOR) Market Report 2022-2032" -

The Carbon Dioxide (CO2) Enhanced Oil Recovery (EOR) Market Report 2022-2032: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.

Expansion Of The Worldwide Market Is Predicted To Be Fuelled By Rising Carbon Dioxide Consumption For Enhanced Oil Recovery (EOR)
Enhanced oil recovery (CO2-EOR) is a technology for increasing oil output in ripe oil fields that is most commonly utilised in the third and final stages of development. It’s also considered a form of tertiary rehabilitation. The expansion of the worldwide market is predicted to be fuelled by rising carbon dioxide consumption for Enhanced Oil Recovery (EOR), as well as in the food and beverage and medical industries. The CO2 enhanced oil recovery process is a type of tertiary oil recovery that may extract more oil from the existing reservoirs and wells than the conventional methods. This method has the ability to collect an extra 15%–20% of the original oil since CO2 dissolves in the leftover oil, reduces its viscosity, and moves it from the rock pores to the producing well.

What Questions Should You Ask before Buying a Market Research Report?
• How is the CO2 enhanced oil recovery market evolving?
• What is driving and restraining the CO2 enhanced oil recovery market?
• How will each CO2 enhanced oil recovery submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2032?
• How will the market shares for each CO2 enhanced oil recovery submarket develop from 2022 to 2032?
• What will be the main driver for the overall market from 2022 to 2032?
• Will leading CO2 enhanced oil recovery markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
• How will the market shares of the national markets change by 2032 and which geographical region will lead the market in 2032?
• Who are the leading players and what are their prospects over the forecast period?
• What are the CO2 enhanced oil recovery projects for these leading companies?
• How will the industry evolve during the period between 2020 and 2032? What are the implications of CO2 enhanced oil recovery projects taking place now and over the next 10 years?
• Is there a greater need for product commercialisation to further scale the CO2 enhanced oil recovery market?
• Where is the CO2 enhanced oil recovery market heading and how can you ensure you are at the forefront of the market?
• What are the best investment options for new product and service lines?
• What are the key prospects for moving companies into a new growth path and C-suite?

You need to discover how this will impact the CO2 enhanced oil recovery market today, and over the next 10 years:
• Our 378-page report provides 210 tables and 209 charts/graphs exclusively to you.
• The report highlights key lucrative areas in the industry so you can target them – NOW.
• It contains in-depth analysis of global, regional and national sales and growth.
• It highlights for you the key successful trends, changes and revenue projections made by your competitors.

This report tells you TODAY how the CO2 enhanced oil recovery market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.

The report delivers exclusive COVID-19 variations and economic data specific to your market.

Forecasts to 2032 and other analyses reveal commercial prospects
• In addition to revenue forecasting to 2032, our new study provides you with recent results, growth rates, and market shares.
• You will find original analyses, with business outlooks and developments.
• Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising CO2 enhanced oil recovery prices and recent developments.

This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, “V”, “L”, “W” and “U” are discussed in this report.

Segments Covered in the Report

Market Segment
• Market Value (USD Million)
• Market Volume (MBPD)

Market Segment by CO2 Source
• Natural CO2 Deposits
• Carbon Capture and Storage
• Industrial CO2
• Other CO2 Sources

Market Segment by Equipment
• Drilling Equipment
• Production Well
• Injection Well Equipment
• Lease Equipment
• Other Equipment

In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for four regional and 20 leading national markets:

North America
• U.S.
• Canada

• United Kingdom
• Norway
• Germany
• Russia
• Italy
• Rest of Europe

Asia Pacific
• China
• Indonesia
• India
• Rest of Asia Pacific

Latin America
• Brazil
• Rest of Latin America

Middle East and Africa
• Venezuela
• Kuwait
• Oman
• Bahrain
• Saudi Arabia
• Rest of Middle East and Africa

The report also includes profiles and for some of the leading companies in the CO2 Enhanced Oil Recovery Market, 2022 to 2032, with a focus on this segment of these companies’ operations.

Leading companies and the potential for market growth
• Abu Dhabi National Oil Company
• Air Products and Chemicals Inc.
• BP Plc
• Cenovus Energy Inc.
• Chesapeake Energy Corporation
• Chevron Corporation
• China National Offshore Oil Corporation (CNOOC)
• China Petroleum and Chemical Corporation
• ConocoPhillips
• Equinor ASA
• Exxon Mobil Corporation
• Halliburton Company
• Kinder Morgan, Inc.
• Occidental Petroleum Corporation
• Petroleo Brasileiro S.A
• Royal Dutch Shell
• Schlumderger N.V.
• Total SE

Overall world revenue for CO2 Enhanced Oil Recovery Market, 2022 to 2032 in terms of value the market will surpass US$3,888.9 million in 2022, our work calculates. We predict strong revenue growth through to 2032. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.

How will the CO2 Enhanced Oil Recovery Market, 2022 to 2032 report help you?
In summary, our 374-page report provides you with the following knowledge:

• Revenue forecasts to 2032 for CO2 Enhanced Oil Recovery Market, 2022 to 2032 Market, with forecasts for market value, market volume, Co2 source, equipment and company size, each forecast at a global and regional level – discover the industry’s prospects, finding the most lucrative places for investments and revenues.

• Revenue forecasts to 2032 for four regional and 20 key national markets – See forecasts for the CO2 Enhanced Oil Recovery Market, 2022 to 2032 market in North America, Europe, Asia-Pacific and LAMEA. Also forecasted is the market in the US, Canada, Brazil, Germany, UK, Italy, China, India, Venezuela, Indonesia, Kuwait, and Oman among other prominent economies.

• Prospects for established firms and those seeking to enter the market – including company profiles for 20 of the major companies involved in the CO2 Enhanced Oil Recovery Market, 2022 to 2032.

Read the full report:

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