The global microbial enhanced oil recovery market is expected to grow at a CAGR of 6.5% during the forecast period, from 2021 to 2030. The ground method segment is expected to account for the largest share of the market in terms of revenue, followed by reservoir method and microbe enhanced oil recovery. The onshore oilfield application segment is expected to account for the largest share of the market in terms of revenue, followed by offshore oilfield and others. North America is expected to account for the largest share of the global microbial enhanced oil recovery market in terms of revenue, followed by Europe and Asia Pacific respectively.
Some Of The Growth Factors Of This Market:
- The use of microbes in the oil industry is a relatively new technology, and it has been used for only about 20 years.
- Microbial Enhanced Oil Recovery (MEOR) is a process that uses microorganisms to extract more oil from an oil reservoir than would be possible without them.
- MEOR can be applied to any type of crude oil, including heavy oils and tar sands, which are difficult to extract using traditional methods such as steam injection or gas injection because they are too viscous or too deep underground.
- MEOR can also be applied to reservoirs that have been depleted by other extraction methods such as water flooding or cyclic steam injection (CSS).
Industry Growth Insights published a new data on “Microbial Enhanced Oil Recovery Market”. The research report is titled “Microbial Enhanced Oil Recovery Market research by Types (Ground Method, Reservoir Method, Microbial Enhanced Oil Recover), By Applications (Onshore Oilfield, Offshore Oilfield), By Players/Companies StatOil, Titan Oil Recovery, Royal Dutch Shell, BP, ConocoPhillips, DowDuPont, Genome Prairie, Chemiphase, CNPC, Gulf Energy, Microbial Enhanced Oil Recover”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Microbial Enhanced Oil Recovery Market Research Report
By Type
Ground Method, Reservoir Method, Microbial Enhanced Oil Recover
By Application
Onshore Oilfield, Offshore Oilfield
By Companies
StatOil, Titan Oil Recovery, Royal Dutch Shell, BP, ConocoPhillips, DowDuPont, Genome Prairie, Chemiphase, CNPC, Gulf Energy, Microbial Enhanced Oil Recover
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Microbial Enhanced Oil Recovery Market Report Segments:
The global Microbial Enhanced Oil Recovery market is segmented on the basis of:
Types
Ground Method, Reservoir Method, Microbial Enhanced Oil Recover
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Onshore Oilfield, Offshore Oilfield
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- StatOil
- Titan Oil Recovery
- Royal Dutch Shell
- BP
- ConocoPhillips
- DowDuPont
- Genome Prairie
- Chemiphase
- CNPC
- Gulf Energy
- Microbial Enhanced Oil Recover
Highlights of The Microbial Enhanced Oil Recovery Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ground Method
- Reservoir Method
- Microbial Enhanced Oil Recover
- By Application:
- Onshore Oilfield
- Offshore Oilfield
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Microbial Enhanced Oil Recovery Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Microbial Enhanced Oil Recovery (MEOR) is a process that uses microorganisms to break down oil and gas molecules in the soil, water, or sediment. The microbes then produce hydrocarbons that can be recovered as fuel.
Some of the major players in the microbial enhanced oil recovery market are StatOil, Titan Oil Recovery, Royal Dutch Shell, BP, ConocoPhillips, DowDuPont, Genome Prairie, Chemiphase, CNPC, Gulf Energy, Microbial Enhanced Oil Recover.
The microbial enhanced oil recovery market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Microbial Enhanced Oil Recovery Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Microbial Enhanced Oil Recovery Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Microbial Enhanced Oil Recovery Market - Supply Chain
4.5. Global Microbial Enhanced Oil Recovery Market Forecast
4.5.1. Microbial Enhanced Oil Recovery Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Microbial Enhanced Oil Recovery Market Size (000 Units) and Y-o-Y Growth
4.5.3. Microbial Enhanced Oil Recovery Market Absolute $ Opportunity
5. Global Microbial Enhanced Oil Recovery Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Microbial Enhanced Oil Recovery Market Size and Volume Forecast by Type
5.3.1. Ground Method
5.3.2. Reservoir Method
5.3.3. Microbial Enhanced Oil Recover
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Microbial Enhanced Oil Recovery Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Microbial Enhanced Oil Recovery Market Size and Volume Forecast by Application
6.3.1. Onshore Oilfield
6.3.2. Offshore Oilfield
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Microbial Enhanced Oil Recovery Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Microbial Enhanced Oil Recovery Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Microbial Enhanced Oil Recovery Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Microbial Enhanced Oil Recovery Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Microbial Enhanced Oil Recovery Demand Share Forecast, 2019-2026
9. North America Microbial Enhanced Oil Recovery Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Microbial Enhanced Oil Recovery Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Microbial Enhanced Oil Recovery Market Size and Volume Forecast by Application
9.4.1. Onshore Oilfield
9.4.2. Offshore Oilfield
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Microbial Enhanced Oil Recovery Market Size and Volume Forecast by Type
9.7.1. Ground Method
9.7.2. Reservoir Method
9.7.3. Microbial Enhanced Oil Recover
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Microbial Enhanced Oil Recovery Demand Share Forecast, 2019-2026
10. Latin America Microbial Enhanced Oil Recovery Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Microbial Enhanced Oil Recovery Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Microbial Enhanced Oil Recovery Market Size and Volume Forecast by Application
10.4.1. Onshore Oilfield
10.4.2. Offshore Oilfield
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Microbial Enhanced Oil Recovery Market Size and Volume Forecast by Type
10.7.1. Ground Method
10.7.2. Reservoir Method
10.7.3. Microbial Enhanced Oil Recover
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Microbial Enhanced Oil Recovery Demand Share Forecast, 2019-2026
11. Europe Microbial Enhanced Oil Recovery Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Microbial Enhanced Oil Recovery Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Microbial Enhanced Oil Recovery Market Size and Volume Forecast by Application
11.4.1. Onshore Oilfield
11.4.2. Offshore Oilfield
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Microbial Enhanced Oil Recovery Market Size and Volume Forecast by Type
11.7.1. Ground Method
11.7.2. Reservoir Method
11.7.3. Microbial Enhanced Oil Recover
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Microbial Enhanced Oil Recovery Demand Share, 2019-2026
12. Asia Pacific Microbial Enhanced Oil Recovery Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Microbial Enhanced Oil Recovery Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Microbial Enhanced Oil Recovery Market Size and Volume Forecast by Application
12.4.1. Onshore Oilfield
12.4.2. Offshore Oilfield
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Microbial Enhanced Oil Recovery Market Size and Volume Forecast by Type
12.7.1. Ground Method
12.7.2. Reservoir Method
12.7.3. Microbial Enhanced Oil Recover
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Microbial Enhanced Oil Recovery Demand Share, 2019-2026
13. Middle East & Africa Microbial Enhanced Oil Recovery Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Microbial Enhanced Oil Recovery Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Microbial Enhanced Oil Recovery Market Size and Volume Forecast by Application
13.4.1. Onshore Oilfield
13.4.2. Offshore Oilfield
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Microbial Enhanced Oil Recovery Market Size and Volume Forecast by Type
13.7.1. Ground Method
13.7.2. Reservoir Method
13.7.3. Microbial Enhanced Oil Recover
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Microbial Enhanced Oil Recovery Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Microbial Enhanced Oil Recovery Market: Market Share Analysis
14.2. Microbial Enhanced Oil Recovery Distributors and Customers
14.3. Microbial Enhanced Oil Recovery Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. StatOil
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Titan Oil Recovery
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Royal Dutch Shell
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BP
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ConocoPhillips
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. DowDuPont
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Genome Prairie
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Chemiphase
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. CNPC
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Gulf Energy
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Microbial Enhanced Oil Recover
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook