US Enhanced Oil Recovery Market Summary
The US Enhanced Oil Recovery (EOR) market is projected to grow from 30.5 USD billion in 2024 to 50.2 USD billion by 2035.
Key Market Trends & Highlights
Enhanced Oil Recovery (EOR) market Key Trends and Highlights
- The US Enhanced Oil Recovery market is valued at 30.5 USD billion in 2024.
- By 2035, the market is expected to reach a valuation of 50.2 USD billion.
- The compound annual growth rate (CAGR) for the period from 2025 to 2035 is estimated at 4.63 percent.
- Growing adoption of advanced extraction techniques due to increasing demand for oil is a major market driver.
Market Size & Forecast
2024 Market Size | 30.5 (USD Billion) |
2035 Market Size | 50.2 (USD Billion) |
CAGR (2025 - 2035) | 4.63% |
Major Players
Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Meta Platforms Inc (US), Tesla Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)