Global Thermal Enhanced Oil Recovery Market Overview: Strategies for 2030

According to the study by Next Move Strategy Consulting, the Thermal Enhanced Oil Recovery Market is predicted to reach USD 55.24 billion with a CAGR of 7.60% till 2030.

The thermal enhanced oil recovery market is segmented on the basis of technology, application and geography. On the basis of technology, the market is classified into hot water, steam, in-situ combustion (ISC), electrical heating, and electromagnetic heating.

North America holds the lion share of thermal enhanced oil recovery market and is expected to dominate the market at the present time. 

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