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.
Microbial Enhanced Oil Recovery is widely used in Onshore Oilfield, Offshore Oilfield. The most proportion of Microbial Enhanced Oil Recovery is Onshore Oilfield, and the proportion in 2017 is 83.40%. The trend of dental Onshore Oilfield is increasing.
North America is the largest production region for Microbial Enhanced Oil Recovery, with a market share nearly 29% in 2016. Following North America, Europe is the second largest production region with market share of 24%.
Market is still at very beginning, StatOil, Titan oil recovery, Royal Dutch Shell, BP, ConocoPhillips and DuPont the leaders of the industry, with high-end customers in the industry.
The Microbial Enhanced Oil Recovery market was valued at 520 Million US$ in 2018 and is projected to reach 1130 Million US$ by 2025, at a CAGR of 11.8% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Microbial Enhanced Oil Recovery.
This report presents the worldwide Microbial Enhanced Oil Recovery market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
StatOil
Titan Oil Recovery
Royal Dutch Shell
BP
ConocoPhillips
DuPont
Genome Prairie
Chemiphase
CNPC
Gulf Energy
Microbial Enhanced Oil Recovery Breakdown Data by Type
Ground Method
Reservoir Method
Microbial Enhanced Oil Recovery Breakdown Data by Application
Onshore Oilfield
Offshore Oilfield
Microbial Enhanced Oil Recovery Production by Region
United States
Europe
China
Japan
Other Regions
Microbial Enhanced Oil Recovery Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Microbial Enhanced Oil Recovery status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Microbial Enhanced Oil Recovery manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Microbial Enhanced Oil Recovery :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Microbial Enhanced Oil Recovery market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Microbial Enhanced Oil Recovery . Industry analysis & Market Report on Microbial Enhanced Oil Recovery is a syndicated market report, published as Global Microbial Enhanced Oil Recovery Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Microbial Enhanced Oil Recovery market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.