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New Analysis from Global Industry Analysts Reveals Steady Growth for Well Completion Equipment, with the Market to Reach $7.6 Billion Worldwide by 2026

New Analysis from Global Industry Analysts Reveals Steady Growth for Well Completion Equipment, with the Market to Reach $7.6 Billion Worldwide by 2026

Enhanced Oil Recovery Market 2020-2025 | To Reach $59.4 Billion By 2025, Exhibit a CAGR of 6.5%


Enhanced Oil Recovery Market 2020-2025 | To Reach $59.4 Billion By 2025, Exhibit a CAGR of 6.5%
iCrowd Newswire
According to the new market research report
Enhanced Oil Recovery Market by Technology (Thermal (In-Situ Combustion, Steam, Others), Chemical (Polymer, Surfactant, Alkaline Surfactant Polymer), Gas (CO2, Other Gas), Other EOR), Application (Onshore, Offshore), and Region - Global Forecast to 2025″, The global enhanced oil recovery market size will grow to USD 59.4 billion by 2025 (forecast year) from USD 43.3 billion in 2020 (estimated year), at a CAGR of 6.5% during the forecast period. The rising number of mature fields in North America and the Middle East, along with rising primary energy demand from the Asia Pacific, are the driving factors for the enhanced oil recovery market, globally. Technological developments in advancements in shale oil & gas reserve development, production from oil sand, and deep-water drilling have led oil & gas production acro ....

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