Global CO2 EOR Market Growth (Status and Outlook) 2023-2029

Global CO2 EOR Market Growth (Status and Outlook) 2023-2029

CO2 is injected into an oil-bearing stratum under high pressure, in order to Enhanced oil recovery (EOR).

LPI (LP Information)' newest research report, the “CO2 EOR Industry Forecast” looks at past sales and reviews total world CO2 EOR sales in 2022, providing a comprehensive analysis by region and market sector of projected CO2 EOR sales for 2023 through 2029. With CO2 EOR sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world CO2 EOR industry.

This Insight Report provides a comprehensive analysis of the global CO2 EOR landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on CO2 EOR portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global CO2 EOR market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for CO2 EOR and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global CO2 EOR.

The global CO2 EOR market size is projected to grow from US$ 3392.6 million in 2022 to US$ 3973.1 million in 2029; it is expected to grow at a CAGR of 2.3% from 2023 to 2029.

United States market for CO2 EOR is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for CO2 EOR is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for CO2 EOR is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key CO2 EOR players cover Chevron, ConocoPhillips, ExxonMobil, Hess, Kinder Morgan, Occidental Petroleum, Whiting Petroleum, Denbury and NRG Energy, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of CO2 EOR market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Industrial CO2
Natural CO2

Segmentation by application
Onshore
Offshore

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Chevron
ConocoPhillips
ExxonMobil
Hess
Kinder Morgan
Occidental Petroleum
Whiting Petroleum
Denbury
NRG Energy
Husky Energy
Linc Energy
Elk Petroleum
Saudi Aramco

Please note: The report will take approximately 2 business days to prepare and deliver.