Enhanced Oil Recovery Industry Research Report 2025

Summary


Enhanced oil recovery (abbreviated EOR), also called tertiary recovery, is the extraction of crude oil from an oil field that cannot be extracted otherwise.
EOR production is considered as a project in itself and requires a large number of equipment and packages. Studies, pilot projects, engineering design, equipment procurement, feedstock planning, drilling and other materials, play important role in EOR projects. Upfront capital costs in EOR projects are significant. Each link is very complicated, so it is difficult to calculate all the income generated by the EOR project. In addition, because some expenditures come from the oilfield developers themselves, this part of revenue is considered as the operating costs of the oilfield developers themselves. It is therefore necessary to explain the scope of the data reported.

According to APO Research, The global Enhanced Oil Recovery market was valued at US$ million in 2024 and is anticipated to reach US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2025-2031.

North American market for Enhanced Oil Recovery is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Asia-Pacific market for Enhanced Oil Recovery is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Europe market for Enhanced Oil Recovery is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global companies of Enhanced Oil Recovery include Linde Group, Air Liquid, PetroChina Daqing, Air Products, SNF Group, Bejing Hengju, BASF, Nalco Champion and Shandong Polymer Bio-chemicals, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Enhanced Oil Recovery, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Enhanced Oil Recovery.
The Enhanced Oil Recovery market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Enhanced Oil Recovery market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.

Enhanced Oil Recovery Segment by Company

Linde Group
Air Liquid
PetroChina Daqing
Air Products
SNF Group
Bejing Hengju
BASF
Nalco Champion
Shandong Polymer Bio-chemicals
Stepan
Schlumberger
Kemira
Solvay
Enhanced Oil Recovery Segment by Type

CO2 Enhanced Oil Recovery
Nitrogen Enhanced Oil Recovery
Polymer Flooding
Surfactant Flooding
Alkaline Flooding
Micellar Flooding
Others
Enhanced Oil Recovery Segment by Application

Onshore
Offshore
Enhanced Oil Recovery Segment by Application

Onshore
Offshore
Enhanced Oil Recovery Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Enhanced Oil Recovery market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Enhanced Oil Recovery and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Enhanced Oil Recovery.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Enhanced Oil Recovery companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Enhanced Oil Recovery by Type
2.2.1 Market Value Comparison by Type (2020 VS 2024 VS 2031)
2.2.2 CO2 Enhanced Oil Recovery
2.2.3 Nitrogen Enhanced Oil Recovery
2.2.4 Polymer Flooding
2.2.5 Surfactant Flooding
2.2.6 Alkaline Flooding
2.2.7 Micellar Flooding
2.2.8 Others
2.3 Enhanced Oil Recovery by Application
2.3.1 Market Value Comparison by Application (2020 VS 2024 VS 2031)
2.3.2 Onshore
2.3.3 Offshore
2.4 Assumptions and Limitations
3 Enhanced Oil Recovery Breakdown Data by Type
3.1 Global Enhanced Oil Recovery Historic Market Size by Type (2020-2025)
3.2 Global Enhanced Oil Recovery Forecasted Market Size by Type (2026-2031)
4 Enhanced Oil Recovery Breakdown Data by Application
4.1 Global Enhanced Oil Recovery Historic Market Size by Application (2020-2025)
4.2 Global Enhanced Oil Recovery Forecasted Market Size by Application (2026-2031)
5 Global Growth Trends
5.1 Global Enhanced Oil Recovery Market Perspective (2020-2031)
5.2 Global Enhanced Oil Recovery Growth Trends by Region
5.2.1 Global Enhanced Oil Recovery Market Size by Region: 2020 VS 2024 VS 2031
5.2.2 Enhanced Oil Recovery Historic Market Size by Region (2020-2025)
5.2.3 Enhanced Oil Recovery Forecasted Market Size by Region (2026-2031)
5.3 Enhanced Oil Recovery Market Dynamics
5.3.1 Enhanced Oil Recovery Industry Trends
5.3.2 Enhanced Oil Recovery Market Drivers
5.3.3 Enhanced Oil Recovery Market Challenges
5.3.4 Enhanced Oil Recovery Market Restraints
6 Market Competitive Landscape by Players
6.1 Global Top Enhanced Oil Recovery Players by Revenue
6.1.1 Global Top Enhanced Oil Recovery Players by Revenue (2020-2025)
6.1.2 Global Enhanced Oil Recovery Revenue Market Share by Players (2020-2025)
6.2 Global Enhanced Oil Recovery Industry Players Ranking, 2023 VS 2024 VS 2025
6.3 Global Key Players of Enhanced Oil Recovery Head Office and Area Served
6.4 Global Enhanced Oil Recovery Players, Product Type & Application
6.5 Global Enhanced Oil Recovery Manufacturers Established Date
6.6 Global Enhanced Oil Recovery Market CR5 and HHI
6.7 Global Players Mergers & Acquisition
7 North America
7.1 North America Enhanced Oil Recovery Market Size (2020-2031)
7.2 North America Enhanced Oil Recovery Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 North America Enhanced Oil Recovery Market Size by Country (2020-2025)
7.4 North America Enhanced Oil Recovery Market Size by Country (2026-2031)
7.5 United States
7.5 United States
7.6 Canada
7.7 Mexico
8 Europe
8.1 Europe Enhanced Oil Recovery Market Size (2020-2031)
8.2 Europe Enhanced Oil Recovery Market Growth Rate by Country: 2020 VS 2024 VS 2031
8.3 Europe Enhanced Oil Recovery Market Size by Country (2020-2025)
8.4 Europe Enhanced Oil Recovery Market Size by Country (2026-2031)
8.5 Germany
8.6 France
8.7 U.K.
8.8 Italy
8.9 Spain
8.10 Russia
8.11 Netherlands
8.12 Nordic Countries
9 Asia-Pacific
9.1 Asia-Pacific Enhanced Oil Recovery Market Size (2020-2031)
9.2 Asia-Pacific Enhanced Oil Recovery Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Asia-Pacific Enhanced Oil Recovery Market Size by Country (2020-2025)
9.4 Asia-Pacific Enhanced Oil Recovery Market Size by Country (2026-2031)
9.5 China
9.6 Japan
9.7 South Korea
9.8 India
9.9 Australia
9.10 China Taiwan
9.11 Southeast Asia
10 South America
10.1 South America Enhanced Oil Recovery Market Size (2020-2031)
10.2 South America Enhanced Oil Recovery Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 South America Enhanced Oil Recovery Market Size by Country (2020-2025)
10.4 South America Enhanced Oil Recovery Market Size by Country (2026-2031)
10.5 Brazil
10.6 Argentina
10.7 Chile
10.8 Colombia
10.9 Peru
11 Middle East & Africa
11.1 Middle East & Africa Enhanced Oil Recovery Market Size (2020-2031)
11.2 Middle East & Africa Enhanced Oil Recovery Market Growth Rate by Country: 2020 VS 2024 VS 2031
11.3 Middle East & Africa Enhanced Oil Recovery Market Size by Country (2020-2025)
11.4 Middle East & Africa Enhanced Oil Recovery Market Size by Country (2026-2031)
11.5 Saudi Arabia
11.6 Israel
11.7 United Arab Emirates
11.8 Turkey
11.9 Iran
11.10 Egypt
12 Players Profiled
12.1 Linde Group
12.1.1 Linde Group Company Information
12.1.2 Linde Group Business Overview
12.1.3 Linde Group Revenue in Enhanced Oil Recovery Business (2020-2025)
12.1.4 Linde Group Enhanced Oil Recovery Product Portfolio
12.1.5 Linde Group Recent Developments
12.2 Air Liquid
12.2.1 Air Liquid Company Information
12.2.2 Air Liquid Business Overview
12.2.3 Air Liquid Revenue in Enhanced Oil Recovery Business (2020-2025)
12.2.4 Air Liquid Enhanced Oil Recovery Product Portfolio
12.2.5 Air Liquid Recent Developments
12.3 PetroChina Daqing
12.3.1 PetroChina Daqing Company Information
12.3.2 PetroChina Daqing Business Overview
12.3.3 PetroChina Daqing Revenue in Enhanced Oil Recovery Business (2020-2025)
12.3.4 PetroChina Daqing Enhanced Oil Recovery Product Portfolio
12.3.5 PetroChina Daqing Recent Developments
12.4 Air Products
12.4.1 Air Products Company Information
12.4.2 Air Products Business Overview
12.4.3 Air Products Revenue in Enhanced Oil Recovery Business (2020-2025)
12.4.4 Air Products Enhanced Oil Recovery Product Portfolio
12.4.5 Air Products Recent Developments
12.5 SNF Group
12.5.1 SNF Group Company Information
12.5.2 SNF Group Business Overview
12.5.3 SNF Group Revenue in Enhanced Oil Recovery Business (2020-2025)
12.5.4 SNF Group Enhanced Oil Recovery Product Portfolio
12.5.5 SNF Group Recent Developments
12.6 Bejing Hengju
12.6.1 Bejing Hengju Company Information
12.6.2 Bejing Hengju Business Overview
12.6.3 Bejing Hengju Revenue in Enhanced Oil Recovery Business (2020-2025)
12.6.4 Bejing Hengju Enhanced Oil Recovery Product Portfolio
12.6.5 Bejing Hengju Recent Developments
12.7 BASF
12.7.1 BASF Company Information
12.7.2 BASF Business Overview
12.7.3 BASF Revenue in Enhanced Oil Recovery Business (2020-2025)
12.7.4 BASF Enhanced Oil Recovery Product Portfolio
12.7.5 BASF Recent Developments
12.8 Nalco Champion
12.8.1 Nalco Champion Company Information
12.8.2 Nalco Champion Business Overview
12.8.3 Nalco Champion Revenue in Enhanced Oil Recovery Business (2020-2025)
12.8.4 Nalco Champion Enhanced Oil Recovery Product Portfolio
12.8.5 Nalco Champion Recent Developments
12.9 Shandong Polymer Bio-chemicals
12.9.1 Shandong Polymer Bio-chemicals Company Information
12.9.2 Shandong Polymer Bio-chemicals Business Overview
12.9.3 Shandong Polymer Bio-chemicals Revenue in Enhanced Oil Recovery Business (2020-2025)
12.9.4 Shandong Polymer Bio-chemicals Enhanced Oil Recovery Product Portfolio
12.9.5 Shandong Polymer Bio-chemicals Recent Developments
12.10 Stepan
12.10.1 Stepan Company Information
12.10.2 Stepan Business Overview
12.10.3 Stepan Revenue in Enhanced Oil Recovery Business (2020-2025)
12.10.4 Stepan Enhanced Oil Recovery Product Portfolio
12.10.5 Stepan Recent Developments
12.11 Schlumberger
12.11.1 Schlumberger Company Information
12.11.2 Schlumberger Business Overview
12.11.3 Schlumberger Revenue in Enhanced Oil Recovery Business (2020-2025)
12.11.4 Schlumberger Enhanced Oil Recovery Product Portfolio
12.11.5 Schlumberger Recent Developments
12.12 Kemira
12.12.1 Kemira Company Information
12.12.2 Kemira Business Overview
12.12.3 Kemira Revenue in Enhanced Oil Recovery Business (2020-2025)
12.12.4 Kemira Enhanced Oil Recovery Product Portfolio
12.12.5 Kemira Recent Developments
12.13 Solvay
12.13.1 Solvay Company Information
12.13.2 Solvay Business Overview
12.13.3 Solvay Revenue in Enhanced Oil Recovery Business (2020-2025)
12.13.4 Solvay Enhanced Oil Recovery Product Portfolio
12.13.5 Solvay Recent Developments
13 Report Conclusion
14 Disclaimer

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