Global Carbon Dioxide Enhanced Oil Recovery Market Size, Status and Forecast 2021-2027

Carbon dioxide purity above 90% can be used to increase oil recovery. After carbon dioxide is dissolved in water in the formation, it can increase the viscosity of water by 20% to 30%. After the carbon dioxide is dissolved in the oil, the volume of the crude oil is expanded, the viscosity is reduced by 30% to 80%, and the oil-water interfacial tension is reduced, which is beneficial to increase the oil recovery rate, improve the oil washing efficiency and collect residual oil.

Market Analysis and Insights: Global Carbon Dioxide Enhanced Oil Recovery Market
In 2021, the global Carbon Dioxide Enhanced Oil Recovery market size will be US$ million and it is expected to reach US$ million by the end of 2027, with a CAGR of % during 2021-2027.
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Global Carbon Dioxide Enhanced Oil Recovery Scope and Market Size
Carbon Dioxide Enhanced Oil Recovery market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Carbon Dioxide Enhanced Oil Recovery market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Natural CO2 Deposits
Carbon Capture and Storage
Industrial CO2
Others

Segment by Application
Miscible EOR
Immiscible EOR

By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Exxon Mobil Corporation
BP plc
Total SE
China Petroleum and Chemical Corporation
Royal Dutch Shell
Chevron Corporation
Petroleo Brasileiro S.A.-Petrobras
NK Lukoil PAO
Cenovus Energy Inc
Equinor ASA
Abu Dhabi National Oil Company
Air Products and Chemicals Inc.
Occidental Petroleum Corp.
Chesapeake Energy
China National Offshore Oil Corporation
ConocoPhillips
Halliburton Company
Schlumberger N.V.
Kinder Morgan, Inc.