Microbial EOR (Microbial Enhanced Oil Recovery) Market

Microbial enhanced oil recovery (MEOR) is a biological based technology consisting in manipulating function or structure, or both, of microbial environments existing in oil reservoirs. The ultimate aim of MEOR is to improve the recovery of oil entrapped in porous media while increasing economic profits. MEOR is a tertiary oil extraction technology allowing the partial recovery of the commonly residual two-thirds of oil, thus increasing the life of mature oil reservoirs.
Aging Oil and Gas Infrastructure, Rise in offshore drilling activities, demand for alternative technologies, Economic & Environmental Factors, CO2 Reducing Emission Policies & Rise in Demand for Fuel, are key factors to drive Microbial Enhanced Oil Recovery Market. Additionally, Microbial enhanced oil recovery market is driven by the facts such as increasing number of mature wells globally, rising demand for cleaner sources for extracting oil, and recovering prices of crude oil. Asia Pacific is projected to lead to its tremendous growth in the next few years. Several oil companies across Malaysia, China, and India are implementing the technology to enhance their output using low-cost solutions.


The report offers detailed coverage of Microbial EOR (Microbial Enhanced Oil Recovery) industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Microbial EOR (Microbial Enhanced Oil Recovery) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Microbial EOR (Microbial Enhanced Oil Recovery) market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2020-2025.

First, this report covers the present status and the future prospects of the global Microbial EOR (Microbial Enhanced Oil Recovery) market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Titan Oil Recovery
Chemiphase
GULF ENERGY SAOC
Environmental BioTechnologies
ONGC TERI Biotech Limited
RAM Biochemicals
Micro-Bac International
Microbial Energy
By the product type, the market is primarily split into
Biomass Formation
Bio-Surfactants
Bio-Polymers
Bio-Solvents
Organic Acids
Bio-Gases
Bio-emulsifiers
Hydrocarbon Metabolism
By the end users/application, this report covers the following segments
Interfacial Tension Reduction
Emulsification and De-Emulsification
Selective Plugging & Wettability Alteration
Gas Production
Biodegradation


At the same time, we classify Microbial EOR (Microbial Enhanced Oil Recovery) according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Microbial EOR (Microbial Enhanced Oil Recovery) market for the forecast period 2020 - 2025?
• What are the driving forces in the Microbial EOR (Microbial Enhanced Oil Recovery) market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Microbial EOR (Microbial Enhanced Oil Recovery) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?