Enhanced Oil Recovery Market Expected to Reach $400 Billion by 2019 - Report By MarketsandMarkets
(PRWEB) February 02, 2015 -- The report, “Enhanced Oil Recovery Market by Technology (Thermal, Gas, Chemical, Microbial and Seismic) and by Applications (Onshore and Offshore) - Global Trend & Forecast to 2019”, defines and segments the enhanced oil recovery market with analysis and forecasts of market volume for the enhanced oil recovery market. It also identifies driving and restraining factors for the enhanced oil recovery market with analysis of trends and opportunities.
Browse 63 market data tables and 34 figures spread through 185 pages and in-depth TOC on this report.
http://www.marketsandmarkets.com/Market-Reports/enhanced-oil-recovery-market-251660091.html
Early buyers will receive 10% customization on this report.
Market applications for enhanced oil recovery include onshore and offshore. The increasing global energy demand high sustained oil prices is expected to drive the demand for enhanced oil recovery techniques. Ageing oil fields and a dearth of conventional oil fields would also boost the demand for enhanced oil recovery market.
Further Inquiry http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=251660091
The enhanced oil recovery market is projected to grow at a CAGR of 24.2%. It is estimated to be one of the fastest growing markets. Increasing demand in oil & gas and high sustained oil prices is the prime driver for market growth.
The enhanced oil recovery market is a highly fragmented one owing to the huge energy demand and changing technologies. Major companies rely on regional and local distributors to increase their share as well as geographical presence in the market. One of the major developments observed in the enhanced oil recovery market is agreements, contracts, joint ventures, and partnerships. The applications requirements for enhanced oil recovery and well as the operating conditions are continuously changing making it essential for the manufacturers and service providers to continually invest in R&D and come up with innovative solutions. Companies are adopting inorganic growth strategies such as acquisitions to cope up with the increasing demand for enhanced oil recovery technology in key emerging markets. These strategies have aided companies create a large customer and partner base in key markets.
Speak to Analyst http://www.marketsandmarkets.com/speaktoanalyst.asp?id=251660091
Browse Related Reports
Offshore Drilling Market Global Trends & Forecasts to 2019
http://www.marketsandmarkets.com/Market-Reports/offshore-drilling-market-1207.html
Drilling and Completion Fluids Market Global Trends & Forecast to 2019
http://www.marketsandmarkets.com/Market-Reports/drilling-completion-fluids-market-1241.html
About MarketsandMarkets
MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
North - Dominion Plaza,
17304,Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales(at)marketsandmarkets(dot)com
Blog: http://www.marketsandmarketsblog.com/market-reports/food-and-beverage
Mr.Rohan, MarketsandMarkets, http://www.marketsandmarkets.com/, +91 9881155004, [email protected]
Share this article