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Surfactant for EOR Market Growth By Regional Analysis (America, Europe, Asia Pacific, and Middle East & Africa) Growth Opportunity and Industry Forecast 2023-2030

ID : MRU_112262 | Date : Feb, 2023 | Pages : 168 | Region : Global

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The report offers detailed coverage of Surfactant for EOR industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Surfactant for EOR by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The concept of recovering oil by surfactant flooding dates back to 1929 when De Groot was granted a patent claiming water-soluble surfactants as an aid to improve oil recovery. Currently, surfactant flooding boosts oil production by lowering interfacial tension, increasing oil mobility thus allowing better displacement of the oil by injected water. Surfactant EOR improves the wetability of porous rocks allowing water to flow through them faster displacing more oil.
The maturity of oil fields supports the demand for EOR surfactant as oil companies\' aim at recovering the maximum quantities possible from their wells. In addition, the growth of EOR surfactant will be further influenced by energy conservation and policies, technology development and high fuel prices. Many chemical companies are focusing on researching and developing customized formulations offering a cheaper, faster and better EOR.
The U.S. and Europe are promising markets for the increased use of EOR surfactant. Despite the long presence in the market of EOR surfactant solutions, the usage has not been as extensive as might be expected, especially when the size of the proven crude oil reserves and crude oil production is considered. Moreover, many projects are still at their pilot stage. The major reason is that in most cases, advanced EOR techniques are highly demanding, challenging and expensive. Additionally, the profitability of EOR techniques depends directly on the crude oil prices and energy costs.

The report forecast global Surfactant for EOR market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.

First, this report covers the present status and the future prospects of the global Surfactant for EOR market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Stepan
Nalco Champion
BASF
Baker Hughes
Solvay
Dow
Clariant
Schlumberger
Shell Chemicals
Huntsman
Halliburton
Oil Chem Technologies
Akzonobel
CNPC


At the same time, we classify Surfactant for EOR according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Anionic Sulfonate
Anionic Carboxylate
Other
Market by Application
Onshore
Offshore

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Surfactant for EOR market for the forecast period 2023 - 2030?
• What are the driving forces in the Surfactant for EOR market for the forecast period 2023 - 2030?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Surfactant for EOR industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

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