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Global Surfactant EOR Market Revenue Projected Around USD 68.09 million by 2026

06-Mar-2020 | Facts and Factors

Findings from Facts and Factors report “Surfactant EOR Market By Type (Anionic Surfactants, Zwitterionic, Non-Ionics, and Others) and By Application (Onshore and Offshore): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global Surfactant EOR market in 2019 was approximately USD 50.08 Million. The market is expected to grow at a CAGR of 4.6% and is anticipated to reach around USD 68.09 Million by 2026.

Over the last decades, several technologies have emerged for oil recovery production. EOR is one of the techniques to extract crude oil from an oil field. Surfactant flooding is an EOR method that can manipulate the phase behavior inside the reservoir by injecting surfactants and co-surfactants, creating favorable conditions for mobilizing trapped oil. The surfactant’s primary purpose is to reduce surface and interfacial tension and to stabilize the interface. Enhanced Oil Recovery (EOR) involves pre-flush and post-flush of both biopolymer and synthetic polymers. Petroleum sulfonate, carboxylate, alkylbenzene sulfonate, and chromium lignin (lignite) are common forms of surfactants used in EOR.   A surfactant should be properly selected according to the environmental variables such as pressure, temperature, salinity, etc. and efficiency required for enhanced recovery from an oil reservoir. A poor selection may result in a low recovery of oil.

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Browse the full “Surfactant EOR Market – By Type (Anionic Surfactants, Zwitterionic, Non Ionics and Others) and By Application (Onshore and Offshore): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" report at https://www.fnfresearch.com/surfactant-eor-market-by-type-anionic-surfactants-zwitterionic-664

Recent advances in both research and surfactant product technology have significantly reduced the quantity of chemicals required. Presently, at a lower price, surfactant manufacturing offers more advanced and safer EOR products. Moreover, the introduction of bio-based surfactants is boosting the demand of the market as it delivers improved performance at high temperatures. However, increasing environmental awareness and the increase in usage of renewable resources are giving birth to newer and stringent regulations that are anticipated to hamper the market growth.

Surfactants EOR are classified into anionic, nonionic, biosurfactant, cationic, and zwitterionic surfactants. Anionic surfactants are commonly preferred for EOR processes because of their low cost of manufacture, their low adsorption on sandstone rocks, their efficiency to reduce IFT, and their stability at high temperatures over other surfactants. Thereby, it holds the largest market share in 2019. EOR methods play a significant role in improving offshore and onshore field recovery factors. The majority of the global oil is produced from the onshore field due advances in unconventional hydrocarbons in certain regions. Oil field companies that have adopted EOR initiatives have witnessed a substantial increase in improved oil recovery products in the last few years. This, in turn, has increased the need for surfactants to recover oil. All these above forces are supporting the growth of the global surfactant EOR Market.

The global surfactant EOR market has been analyzed in the following regions including, North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. In recent years, North America is dominating the global surfactant EOR market as oil and gas companies are opting for using various enhanced oil recovery techniques for oil recovery. The use of surfactant flooding has significantly increased in the Asia Pacific region over the years and thereby, this region holds the second largest market share in the global surfactant EOR market. Further, the five major considered regions are analyzed into major countries including reports are the U.S., UK, Mexico, Germany, Canada, France, Spain, China, India, South Korea, Japan, and Egypt among others.

Some of the key players analyzed and profiled in the market study are Stepan Company. Nalco Champion, BASF, Baker Hughes, Solvay, Dow Inc., Clariant, Schlumberger, Shell Chemicals, Huntsman, Halliburton, Oil Chem Technologies, Akzo Nobel, and China National Petroleum Corporation amongst others.

This report segments the Surfactant EOR market as follows:

Global Surfactant EOR Market: By Type Segmentation Analysis

  • Type
    • Anionic Surfactants
      • Internal olefin Sulfonates
      • Alkylbenzene Sulfonates
      • Alkyl Glycerol Ether Sulfonates
      • Sulfates
      • Carboxylates
      • Phosphoric Acid Esters Sulfosuccinates
      • Others
    • Zwitterionic
      • Cocamidopropyl Betaine
      • Hydroxysultaines
      • Phospholipids
      • Other
    • Non Ionics
      • Ethoxy Propoxy Alcools
      • Others

Global Surfactant EOR Market: By Application Segmentation Analysis

  • Onshore
  • Offshore

Global Surfactant EOR Market: Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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