DUBLIN--(BUSINESS WIRE)--The "CO2 EOR - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The publisher brings years of research experience to the 5th edition of this report. The 137-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global CO2 EOR Market to Reach $4.6 Billion by 2027
Amid the COVID-19 crisis, the global market for CO2 EOR estimated at US$3.9 Billion in the year 2020, is projected to reach a revised size of US$4.6 Billion by 2027, growing at a CAGR of 2.6% over the period 2020-2027.
The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 4.8% CAGR
The CO2 EOR market in the U.S. is estimated at US$1.1 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$929.9 Million by the year 2027 trailing a CAGR of 4.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.6% and 1.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.2% CAGR.
Competitors identified in this market include, among others:
- Baker Hughes, a GE company
- BP PLC
- Chevron Corporation
- ConocoPhillips Company
- Denbury Resources Inc.
- Exxon Mobil Corporation
- Halliburton
- Kinder Morgan, Inc.
- Lukoil Oil Company
- Nalco an Ecloab Company
- Occidental Petroleum Corporation
- Petroleum Development Oman
- Royal Dutch Shell PLC
- Schlumberger Ltd.
- Statoil ASA
- Total SA
- Wintershall Holding GmbH
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- CO2 EOR Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of COVID-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
Total Companies Profiled: 41
For more information about this report visit https://www.researchandmarkets.com/r/lljy3l
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