Key Players Akzonobel NV (The Netherlands), BASF SE (Germany), DuPont (U.S.), Baker Hughes (U.S.)
(PRWEB) March 20, 2015
The report Chemical Enhanced Oil Recovery - Regional Trends & Forecast to 2019, defines and segments the EOR chemicals market with an analysis and forecast of applications, type, origin, and technique.
Browse 110 market data tables and 56 figures spread through 150 pages and in-depth TOC on “Chemical Enhanced Oil Recovery (EOR / IOR) Market".
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It also identifies the driving and restraining factors for the EOR chemicals market with an analysis of trends and opportunities. The market is segmented and the value has been forecast on the basis of key regions, such as North America, Europe, Asia, Africa, and Central & South America.
The EOR chemicals market is segmented into two key applications markets: onshore and offshore. Onshore is the largest application market for EOR chemicals accounting for majority of the share.
The market size for EOR chemicals is projected to reach $150.35 million by 2019, at a CAGR of above 7% between 2014 and 2019. North America dominated the EOR chemicals market in 2013. It is projected to remain the major market by 2019, at a CAGR of 8% between 2014 and 2019.
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Polymer flooding is the majorly used technique for EOR chemicals and alkaline surfactant polymer accounted for the lowest market share in 2013
Polymer flooding held the major share in the EOR chemicals market by technique in 2013 and the trend is projected to continue by 2019. Surfactant polymer flooding is estimated to hold the second biggest market for the EOR chemicals in 2013.
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