Global Surfactant for EOR Market Growth 2023-2029
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.
LPI (LP Information)' newest research report, the “Surfactant for EOR Industry Forecast” looks at past sales and reviews total world Surfactant for EOR sales in 2022, providing a comprehensive analysis by region and market sector of projected Surfactant for EOR sales for 2023 through 2029. With Surfactant for EOR sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Surfactant for EOR industry.
This Insight Report provides a comprehensive analysis of the global Surfactant for 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 Surfactant for EOR portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Surfactant for EOR market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Surfactant for 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 Surfactant for EOR.
The global Surfactant for EOR market size is projected to grow from US$ 101.1 million in 2022 to US$ 120.7 million in 2029; it is expected to grow at a CAGR of 120.7 from 2023 to 2029.
Global core surfactant for EOR manufacturers include Stepan, BASF and CNPC. The top 3 manufacturers had a more than 50% combined market share.Asia Pacific is the largest region, with a share more than 45%, followed by Europe and Europe.In terms of product, anionic sulfonate is the largest segment, with a share over 65%. And in terms of application, the largest application is conventional oil field, followed by oil sands oil field.
This report presents a comprehensive overview, market shares, and growth opportunities of Surfactant for EOR market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Anionic Sulfonate
Anionic Carboxylate
Nonionic Surfactant
Biosurfactant
Others
Segmentation by application
Oil Sands Oil Field
Conventional Oil Field
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.
Stepan
CNPC
Shandong Polymer Biochemicals
BASF
Solvay
Dow
Shell Chemicals
Huntsman
Oil Chem Technologies
Nouryon
Cepsa
Key Questions Addressed in this Report
What is the 10-year outlook for the global Surfactant for EOR market?
What factors are driving Surfactant for EOR market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Surfactant for EOR market opportunities vary by end market size?
How does Surfactant for EOR break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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