Bio-based CEOR is poised to record the fastest growth, with a CAGR of 5.4% during the forecast period.

WILMINGTON, DE, UNITED STATES, November 18, 2025 /EINPresswire.com/ -- Rising offshore deployment of chemical enhanced oil recovery (CEOR) solutions and the steady transition toward maximizing extraction from mature reservoirs are driving the growth of the global CEOR market. According to Allied Market Research, the chemical enhanced oil recovery market was valued at $0.9 billion in 2021 and is projected to reach $1.4 billion by 2031, registering a CAGR of 4.6% from 2022 to 2031. The study offers an in-depth assessment of top investment pockets, emerging trends, competitive landscape, and segment performance, equipping stakeholders with actionable insights for strategic decision-making.

The report analyzes the market across origin, type, technique, application, and region, offering a comprehensive segmentation supported by graphical and tabular data. This structure enables investors and industry participants to identify high-growth opportunities and prioritize segments with the strongest revenue potential.

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Segmental Highlights:-

By Origin:

- Water-based CEOR accounted for more than half of the global market in 2021 and is expected to maintain its lead through 2031.
- Bio-based CEOR is poised to record the fastest growth, with a CAGR of 5.4% during the forecast period.

By Type:

- Alkaline chemicals held nearly half of the market share in 2021, emerging as the dominant segment.
- Biopolymers are anticipated to register the highest growth rate at 5.6% CAGR.

By Technique

- Surfactant polymer flooding represented nearly one-third of total market revenue in 2021 and is projected to remain the leading technique.
- Low Tension Gas (LTG) flooding is expected to grow at the fastest pace, with a CAGR of 5.5%.

By Application

- Onshore applications captured close to three-fourths of the global share in 2021 and will continue to dominate during the forecast period.
- The offshore segment is forecast to witness the fastest growth, registering a CAGR of 4.9%.

By Region:

- North America accounted for nearly two-fifths of the global market in 2021 and is projected to retain its dominant position through 2031.
- Asia-Pacific is expected to be the fastest-growing region, with a CAGR of 5.0% from 2022 to 2031.
- The study also evaluates developments across Europe and LAMEA.

Key Market Players:

- Major companies profiled in the report include BP p.l.c., China Petroleum & Chemical Corporation, Royal Dutch Shell plc, BASF SE, Praxair Technology Inc., Chevron Corporation, Exxon Mobil Corporation, Petroleo Brasileiro S.A., Baker Hughes Inc., and PJSC Lukoil Oil Company. These players are expanding manufacturing capabilities, strengthening supply contracts, and establishing facilities in strategic regions such as the U.S., the UK, and China to meet rising global demand.

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About Us

Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Allied Market Research
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