Surfactant EOR Market growth at a rate of 5.10% for the forecast period till 2029 Surfactant EOR market will reach an estimated valuation of USD 5.81 billion by 2027, while registering this growth at a rate of 5.10% for the forecast period of 2022 to 2029. Growing demand for environmental friendly bio surfactant is expected to create new opportunity for the market. The method of recovering crude oil using surfactants is surfactant-enhanced oil recovery (EOR). Surfactant flooding and surfactant stimulation are two types of surfactant-enhanced oil recovery (EOR). Its strategy has proven effective since it uses a combination of processes to maximize oil recovery.
Interfacial tension, foam production, wettability modification, and emulsification are some of the mechanisms used in this method. Surfactants' primary function is to reduce interfacial tension and alter wettability. Surfactant EOR aims to mobilize the remaining oil far beyond the waterflood. In other to make surfactant EOR more practical and cost-effective, it must be thoroughly screened. Surfactant is used in a variety of processes in the petroleum industry.
Water flooding, emulsification, acidification, fracturing, and cement slurries are all procedures that require it. Surfactants EOR increases porous rocks' wettability, enabling faster water flow and more oil displacement. Surfactant EOR technologies intend to improve millions of barrels. Applications of surfactants in EOR are in both laboratory and field scales.
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EOR technologies aim to recover billions of barrels which have already been discovered, yet are historically beyond reach. The polymer from the surfactant gets displaced during this process, increasing the viscosity of water injected into the oil reservoir. This enables the surfactant to exert more pressure on the oil without forcing its way past and simply flowing through. This method is less effective on low permeability rock structures. Recent advances in both research and surfactant product technology have lowered chemical concentrations, which, in practical terms, lessens the amount of surfactant required.
Recent developments in surfactant enhanced oil recovery (EOR) have greatly reduced the surfactant concentration required for effective oil recovery. Some of the primary trends followed include surfactant flooding, which boosts oil production by increasing its mobility and allowing better displacement by injecting water. It enhances the wettability of porous rocks by allowing water to flow through them, rapidly displacing more oil. Polymer displacement is a method which relies on increasing the viscosity of water, owing to which it is less effective on low permeability rock structures. Alkaline displacement depends on the chemical interaction of alkali, oil, and rock. When introduced to an oil field, the alkaline agent reacts with the oil, forming surfactants which reduce interfacial tension. This allows the oil to pass through porous rock more effectively. Microbiological treatment introduces specific micro-organisms to an oil field which metabolize some of the hydrocarbon, in turn producing byproducts which assist in oil recovery. These byproducts include solvents, acids, alcohols, bio-polymers, bio-surfactants, and gases.
On the basis of Type:
- Anionic surfactants
- Others (cationic and non-ionic surfactants)
On the basis of Application:
- Onshore
- Offshore
On the basis of Origin
- Surfactants
- Biosurfactants
On the basis of Technique
- Alkaline-surfactant-polymer (ASP) flooding
- Surfactant-polymer (SP) flooding
On the basis of Region:
- North America
- Europe
- Asia & Middle East
- Africa
- Central & South America
Available Customizations: The following customization options are available for this report:
- Company Information
Analysis and profiling of additional global as well as regional market players (Up to three)
- Country Information
Market analysis for additional countries
- Pricing Analysis
Detailed pricing analysis for each type of Surfactants EOR product
The major players covered in the surfactant EOR market report are Dow, BASF SE, Shell Chemicals, Huntsman Corporation, Stepan Company, Halliburton., Sasol, Oil Chem Technologies., Solvay, Cairn Oil & Gas, a vertical of Vedanta Limited., Envirofluid, Baker Hughes, a GE company LLC, Linde, Chevron Corporation, ChemEOR, Inc., Andmir Group., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately.
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MAJOR TOC OF THE REPORT
Ø Chapter One: Introduction
Ø Chapter Two: Market Segmentation
Ø Chapter Three: Market Overview
Ø Chapter Four: Executive Summary
Ø Chapter Five: Premium Insights
Ø Chapter Six: Market by Product & Procedure type
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