Market Overview:
The global Enhanced Gas Recovery (EGR) market is expected to grow from USD 1.02 billion in 2018 to USD 2.06 billion by 2030, at a CAGR of 8.5% from 2018 to 2030. The growth of the global EGR market can be attributed to the increasing demand for natural gas and oil across the globe and stringent environmental regulations mandating the use of EGR systems for reducing emissions from various industrial applications. Based on type, the global EGR market is segmented into nitrogen-based EGR, carbon dioxide-based EGR, and others.
Product Definition:
Enhanced gas recovery is the process of recovering more natural gas from a well than could be recovered using traditional methods. The importance of enhanced gas recovery is that it can help to increase the amount of natural gas that is available for use, which can help to reduce our reliance on other forms of energy.
Nitrogen Based EGR:
Nitrogen Based EGR (Enhanced Gas Recovery) is a process of using nitrogen gas to increase the flow of natural gas. Nitrogen is used as a propellant in this process, which enables it to displace part of the air and form an effective vacuum that draws additional gas into the wellbore. The major factor responsible for increased production from wells with naturally occurring gases such as nitrogen and carbon dioxide is referred to as Enhanced Gas Recovery orEGR enhanced oil recovery.
Carbon Dioxide Based EGR:
Carbon dioxide basedEGR is a process used to increase the flow of gas in reservoir. It works by increasing the pressure within the reservoir and thus making it easier for oil or natural gas to escape into the atmosphere. The carbon dioxide is injected under high pressure along with other gases such as nitrogen, oxygen and hydrogen which increases its mobility in comparison to normal carbonic acid.
Application Insights:
The oil and gas industry was the largest application segment in 2016, accounting for over 60% of the total revenue share. The recovery of nitrogen based EGR is used to reduce emissions from natural gas engines when they are operated on low-quality fuel such as natural gasoline or distillates. This technology also eliminates the need for a catalytic converter since it uses nitrogen instead of oxygen as an agent to reduce engine emissions.
Nitrogen-based EGR is majorly used in onshore oil operations where its implementation reduces operating costs by reducing capital expenditure and energy consumption while increasing production rates at lower cost structures. It has been observed that these technologies lead to improved well productivity by lowering operational costs without affecting overall output quality thus making them suitable across all types of reservoirs including tight, shale and coal bed methane along with conventional sources.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of EGR projects already operational. The U.S., being an oil-producing nation, has witnessed significant adoption of enhanced gas recovery systems for enhancing oil production from wells.
The Asia Pacific is expected to be one of the fastest-growing markets over the forecast period owing to increasing government spending on infrastructure and rapid industrialization across several countries including China, India, Indonesia and Thailand among others. This factor is anticipated to drive product demand in this region over the next eight years.
Europe accounted for more than 25% share in terms of revenue due to early adoption by major countries such as Germany.
Growth Factors:
- Increasing demand for natural gas from various end-use industries
- Rising concerns over climate change and the need to reduce greenhouse gas emissions
- Proliferation of shale gas reserves in North America and other regions
- Growing investments in pipeline infrastructure and LNG terminals
- Technological advancements that improve the efficiency of enhanced gas recovery processes
Scope Of The Report
Report Attributes
Report Details
Report Title
Enhanced Gas Recovery Market Research Report
By Type
Nitrogen Based EGR, Carbon Dioxide Based EGR, Others
By Application
Oil and Gas Industry, Construction Industry, Residential, Others
By Companies
Linde Group, Dow, Abu Dhabi National Oil, Tiorco, Ecolab
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
204
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Enhanced Gas Recovery Market Report Segments:
The global Enhanced Gas Recovery market is segmented on the basis of:
Types
Nitrogen Based EGR, Carbon Dioxide Based EGR, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil and Gas Industry, Construction Industry, Residential, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Linde Group
- Dow
- Abu Dhabi National Oil
- Tiorco
- Ecolab
Highlights of The Enhanced Gas Recovery Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Nitrogen Based EGR
- Carbon Dioxide Based EGR
- Others
- By Application:
- Oil and Gas Industry
- Construction Industry
- Residential
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Enhanced Gas Recovery Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Enhanced gas recovery is a technology used to increase the amount of natural gas that can be recovered from an oil or gas well. The enhanced gas recovery process uses special equipment and techniques to break down the rock formations deep underground, freeing up more natural gas.
Some of the key players operating in the enhanced gas recovery market are Linde Group, Dow, Abu Dhabi National Oil, Tiorco, Ecolab.
The enhanced gas recovery market is expected to grow at a compound annual growth rate of 8.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Enhanced Gas Recovery Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Enhanced Gas Recovery Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Enhanced Gas Recovery Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Enhanced Gas Recovery Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Enhanced Gas Recovery Market Size & Forecast, 2018-2028
4.5.1 Enhanced Gas Recovery Market Size and Y-o-Y Growth
4.5.2 Enhanced Gas Recovery Market Absolute $ Opportunity
Chapter 5 Global Enhanced Gas Recovery Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Enhanced Gas Recovery Market Size Forecast by Type
5.2.1 Nitrogen Based EGR
5.2.2 Carbon Dioxide Based EGR
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Enhanced Gas Recovery Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Enhanced Gas Recovery Market Size Forecast by Applications
6.2.1 Oil and Gas Industry
6.2.2 Construction Industry
6.2.3 Residential
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Enhanced Gas Recovery Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Enhanced Gas Recovery Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Enhanced Gas Recovery Analysis and Forecast
9.1 Introduction
9.2 North America Enhanced Gas Recovery Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Enhanced Gas Recovery Market Size Forecast by Type
9.6.1 Nitrogen Based EGR
9.6.2 Carbon Dioxide Based EGR
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Enhanced Gas Recovery Market Size Forecast by Applications
9.10.1 Oil and Gas Industry
9.10.2 Construction Industry
9.10.3 Residential
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Enhanced Gas Recovery Analysis and Forecast
10.1 Introduction
10.2 Europe Enhanced Gas Recovery Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Enhanced Gas Recovery Market Size Forecast by Type
10.6.1 Nitrogen Based EGR
10.6.2 Carbon Dioxide Based EGR
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Enhanced Gas Recovery Market Size Forecast by Applications
10.10.1 Oil and Gas Industry
10.10.2 Construction Industry
10.10.3 Residential
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Enhanced Gas Recovery Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Enhanced Gas Recovery Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Enhanced Gas Recovery Market Size Forecast by Type
11.6.1 Nitrogen Based EGR
11.6.2 Carbon Dioxide Based EGR
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Enhanced Gas Recovery Market Size Forecast by Applications
11.10.1 Oil and Gas Industry
11.10.2 Construction Industry
11.10.3 Residential
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Enhanced Gas Recovery Analysis and Forecast
12.1 Introduction
12.2 Latin America Enhanced Gas Recovery Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Enhanced Gas Recovery Market Size Forecast by Type
12.6.1 Nitrogen Based EGR
12.6.2 Carbon Dioxide Based EGR
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Enhanced Gas Recovery Market Size Forecast by Applications
12.10.1 Oil and Gas Industry
12.10.2 Construction Industry
12.10.3 Residential
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Enhanced Gas Recovery Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Enhanced Gas Recovery Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Enhanced Gas Recovery Market Size Forecast by Type
13.6.1 Nitrogen Based EGR
13.6.2 Carbon Dioxide Based EGR
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Enhanced Gas Recovery Market Size Forecast by Applications
13.10.1 Oil and Gas Industry
13.10.2 Construction Industry
13.10.3 Residential
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Enhanced Gas Recovery Market: Competitive Dashboard
14.2 Global Enhanced Gas Recovery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Linde Group
14.3.2 Dow
14.3.3 Abu Dhabi National Oil
14.3.4 Tiorco
14.3.5 Ecolab
