Quick Summary:
In the increasingly pivotal CO2 Enhanced Oil Recovery (EOR) market, anticipating key trends and understanding the competitive landscape is vital for seasoned executives. Your key to success in this lucrative space is our comprehensive global CO2 EOR market research report. The expected market growth, projected to reach US$6.1 Billion by 2030, is thoroughly dissected in this detailed study to empower your strategic planning.
Benefit from our in-depth analysis of established markets such as the U.S. and emerging markets like China, which is projected to race towards a CAGR of 6.7% by 2030. Identifying the principal players in this space, including giants like Exxon Mobil Corporation and Chevron Corporation, we provide you with a deep drill into their successes and strategies. Also, stay informed about the latest developments with our special coverage features.
An investment in this report ensures you are fully equipped with reputable, actionable intelligence - making this an essential tool for leading businesses who aim to profit from the surge in the CO2 EOR market.
Global CO2 EOR Market to Reach $6.1 Billion by 2030
The global market for CO2 EOR estimated at US$4.4 Billion in the year 2022, is projected to reach a revised size of US$6.1 Billion by 2030, growing at a CAGR of 4.2% over the analysis period 2022-2030.
The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 6.7% CAGR
The CO2 EOR market in the U.S. is estimated at US$1.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2030 trailing a CAGR of 6.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.2% and 3.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR.Select Competitors (Total 13 Featured) -
- 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
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for CO2 EOR?
What is the growth rate of the Global Market for CO2 EOR?
What is the forecasted size of the Global Market for CO2 EOR?
Who are the key companies in the Global Market for CO2 EOR?
| Report Attribute | Details |
|---|---|
| No. of Pages | 232 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 4.4 Billion |
| Forecasted Market Value ( USD | $ 6.1 Billion |
| Compound Annual Growth Rate | 4.2% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- 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
