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Surfactant for EOR Consumption Industry Analysis & Outlook 2018-2022 by Marketresearchpro

Surfactant for EOR Consumption research report

Researchvector has recently published a report named "Documenting The Market Growth Of Surfactant for EOR Consumption Industry: 2017-2025" focussing on the Surfactant for EOR Consumption which holds a huge market share in 2018 both in terms of value and volume. This report intends to study the developments of the Surfactant for EOR Consumption market in, including its development status, applicant profiles and future trends, along with focus on the top players in the market. To understand all of it, this well-researched report will reveal the market situation in general for you, along with the future forecast of the market.

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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.

Over the next five years, LPI(LP Information) projects that Surfactant for EOR will register a 6.3% CAGR in terms of revenue, reach US$ 220 million by 2023, from US$ 150 million in 2017.

What Are The Growth Factors That Drive Surfactant for EOR Consumption Market

Growth in the Surfactant for EOR Consumption market has increased the demand for Surfactant for EOR Consumption. The higher profit growth have increased the demand for {Products} in the Surfactant for EOR Consumption market. Other factors that are driving the growth of Surfactant for EOR Consumption market are:

  • Growing population
  • The rise in technological advancements
  • The total market size
  • Key market drivers
  • Major players in the market
  • The growing disposable income

You will get a look at the customised market segments according to geographical regions, country or even different combinations of manufacturers in the market @ https://researchvector.com/2018/10/05/2018-2023-global-surfactant-for-eor-consumption-market-report/

What Are The Main Criterias To Understand The Surfactant for EOR Consumption Market?

These are the factors that are will essentials to the Surfactant for EOR Consumption market. If you do not have access to these information, to understand the Surfactant for EOR Consumption market would be futile:

Market PlayersProductsUser ApplicationsRegions
Stepan, Nalco Champion, BASF, Baker Hughes, Solvay, Dow, Clariant, Schlumberger, Shell Chemicals, Huntsman, Halliburton, Oil Chem Technologies, Akzonobel, CNPC
  • Anionic Sulfonate
  • Anionic Carboxylate
  • Other
  • Segmentation by application:
  • Onshore
  • Offshore

  • Onshore
  • Offshore

United States, Canada, Mexico, Brazil, China, Japan, Korea, Southeast Asia, India, Australia, Germany, France, UK, Italy, Russia, Spain, Egypt, South Africa, Israel, Turkey, GCC Countries

Basic Understanding Of The Surfactant for EOR Consumption Market

By now you must have got an answer to most of your queries on the Surfactant for EOR Consumption market. This report will provide you an assessment of majorly the following:

  • Overview of the products in the Surfactant for EOR Consumption market
  • The revenue generation and sales data of the Surfactant for EOR Consumption market
  • The overview of the market size of Surfactant for EOR Consumption market
  • The leading manufacturers and suppliers of the Surfactant for EOR Consumption market
  • The cost analysis strategy of the manufacturers
  • Basic challenges faced by market players depending on their market position

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The major years that will be considered to estimate the market size of Surfactant for EOR Consumption are as follow:

  • History year: 2013-2017
  • Base year: 2017
  • Estimated year: 2018
  • Forecast year 2018 to 2025

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