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Showing posts from May 25, 2025

Global Enhanced Oil Recovery (EOR) Market Size, Share, Growth Trends, and Forecast Analysis by Technology, Application, and Region (2025–2032)

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  Enhanced Oil Recovery  Market Overview The global  Enhanced Oil Recovery Market   was valued at USD 56.41 billion in 2024 and is projected to reach USD 97.65 billion by 2032, exhibiting a Compound Annual Growth Rate (CAGR) of 7.1% from 2025 to 2032. Enhanced Oil Recovery (EOR), also known as tertiary recovery, is a crucial method for extracting additional oil from underground reservoirs after primary and secondary recovery methods have been exhausted. This is typically achieved by injecting fluids or altering the oil's properties to improve its flow. Common EOR methods include thermal, chemical, and immiscible gas injections, each tailored to specific reservoir characteristics and fluid compositions. The market's growth is predominantly driven by the increasing global demand for energy, the depletion of easily accessible oil reserves, and continuous technological advancements in EOR techniques. A significant factor is the heightened focus on maximizing ultimate rec...

Soy Lecithin Market Size, Share, & Forecast (2025-2032): to Witness Robust Growth Driven by Natural and Clean Label Demand

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Soy Lecithin Market Overview: global  Soy Lecithin Market   was valued at USD 594.60 Million in 2024 and is projected to reach USD 1013.26 Million by 2032, exhibiting a Compound Annual Growth Rate (CAGR) of 6.89% from 2025 to 2032. Soy lecithin, a versatile food additive derived from soybeans, serves as an emulsifier, lubricant, antioxidant, and flavor protector. Available in liquid, granular, or powder forms, its emulsifying properties are crucial for various applications, including suppressing dust in animal feed, improving pellet performance, and enhancing fat digestion of fat-soluble vitamins. The market's growth is primarily propelled by the increasing consumer demand for natural and clean label ingredients in food and beverage products, driven by rising health consciousness and a desire for transparency in food production. This trend positions soy lecithin as a preferred natural alternative to synthetic additives. Beyond food, the expanding beauty and personal care secto...