A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Surfactant
EOR
Market. The
study, titled “Surfactant
EOR Market - Global Industry Analysis, Size, Share, Growth, Trends
and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
Surfactant
EOR Market: Overview
EOR
(enhanced oil recovery) refers to the extraction of previously
unobtainable crude oil from the deposit using non-traditional
methods. One of these involves injecting surfactants into the field
to reduce interfacial tension, change the wettability, and control
mobility in order to increase the amount of oil recovered from a
previously water-flooded reservoir.
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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.
Surfactant
EOR Market: Dynamics and Trends
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.
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There
is global demand for low concentration surfactant to assist flooding,
while increasing the field permeability, overcoming the capillary,
cohesion, and conglutination force barriers to oil recovery.
Surfactant manufacturers today also deliver advanced and safer EOR
products at prices lower than ever before. Some of these innovations
also cause an overall improvement in the environment and human
health. A few of the recently developed EOR surfactants have been
derived from plant resources such as sunflower oil, soy and corn oil,
amine reacted with free fatty acids, fatty alcohols, esters and wax
esters derived from soy, and corn and seed oil fractions. They are
readily biodegradable, non-toxic, and non-hazardous.
Surfactant
EOR Market: Segmentation
The
surfactant EOR market can be divided into the following segments:
di-tridecyl sulfosuccinic acid ester, coconut diethanolamide,
alkylpolyglycosides, and alkylpropoxy sulfate sodium salts by
surfactant class; onshore and offshore in terms of application; and
distributed over North America, Latin America, Europe, Asia Pacific,
and Middle East & Africa based on region.
Surfactant
EOR Market: Region-wise Outlook
The
surfactants EOR market in Asia Pacific and Middle East & Africa
is speedily expanding, with the ongoing projects in China and India
expected to be significant drivers.
Surfactant
EOR Market: Key Players
Key
players operating in the surfactant EOR market include BASF SE, The
DOW Chemical Company, Halliburton Company, Chevron, Schlumberger Inc.
Huntsman Corporation, Lubrizol Corporation, Sasol Ltd., Shell
Chemicals, Solvay S.A., Stepan Company, Cairn India, and
Envirofluids.
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The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
Market
segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
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Us
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Market Research (TMR) is a market intelligence company, providing
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