Surfactant EOR Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Surfactant enhanced oil recovery (EOR) means using surfactants to improve oil extraction from reservoirs, particularly in mature or depleted fields. Surfactant EOR provides several benefits, such as increased oil recovery, improved sweep efficiency, reduced water production, and improved mobility control. The surfactant EOR market is driven by the surging demand for oil and the need to extract more oil from existing reservoirs. The surfactant EOR market growth is also attributed to the increasing adoption of surfactant EOR techniques due to their cost-effectiveness and improved oil recovery rates compared to conventional methods. The high cost of surfactant EOR processes is a major restraint in surfactant EOR market growth.

MARKET DYNAMICS

The surfactant EOR market is anticipated to grow in the forecast period owing to driving factors such as technological advancements in the product coupled with demands for effective deeper and horizontal drilling techniques in complex terrains. Depleting oil reserves and low-cost manufacturing advantages further contribute to the growth of the surfactant EOR market. Lower concentration of surfactants and development of environmentally safer products offer lucrative opportunities for the surfactant EOR market during the forecast period.

MARKET SCOPE

The "Global Surfactant EOR Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of surfactant EOR market with detailed market segmentation by origin, technique, type, application, and geography. The global surfactant EOR market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading surfactant EOR market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global surfactant EOR market is segmented based on origin, technique, type, and application. By origin, the surfactant EOR market is segmented as surfactants and bio surfactants. Based on technique, the surfactant EOR market is segmented as ASP flooding and SP flooding. Based on the type, the surfactant EOR market is segmented as anionic sulfonate, anionic carboxylate, and others. The surfactant EOR market based on the application, is classified as onshore and offshore.  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global surfactant EOR market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The surfactant EOR market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting surfactant EOR market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the surfactant EOR market in these regions. 

MARKET PLAYERS

The reports cover key developments in the surfactant EOR market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from surfactant EOR market are anticipated to lucrative growth opportunities in the future with the rising demand for surfactant EOR in the global market. Below mentioned is the list of few companies engaged in the surfactant EOR market.

The report also includes the profiles of key surfactant EOR companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.

• BASF SE
• Halliburton
• Huntsman International LLC
• Oil Chem Technologies
• Sasol Limited
• Shell International B.V.
• Solvay S.A.
• Stepan Company
• The Dow Chemical Company
• The Lubrizol Corporation

Surfactant EOR Report Scope