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Global Microbial Enhanced Oil Recovery (MEOR) Market Research Report 2024
Synopsis
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.
The global Microbial Enhanced Oil Recovery (MEOR) market was valued at US$ 821 million in 2023 and is anticipated to reach US$ 1109.2 million by 2030, witnessing a CAGR of 4.3% during the forecast period 2024-2030.
Global Microbial Enhanced Oil Recovery key players include StatOil, Titan oil recovery, Royal Dutch Shell, BP, ConocoPhillips, etc. Global top five players hold a share about 70%.
North America is the largest market, with a share about 30%, followed by Europe and Asia-Pacific, having a total share about 40 percent.
In terms of product, Reservoir Method is the largest segment, with a share about 70%. And in terms of application, the largest application is Onshore Oilfield, followed by Offshore Oilfield.
This report aims to provide a comprehensive presentation of the global market for Microbial Enhanced Oil Recovery (MEOR), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Microbial Enhanced Oil Recovery (MEOR).
Report Scope
The Microbial Enhanced Oil Recovery (MEOR) market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Microbial Enhanced Oil Recovery (MEOR) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Microbial Enhanced Oil Recovery (MEOR) companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Equinor
Royal Dutch Shell plc.
BP p.l.c
ConocoPhillips
DowDuPont
Titan oil recovery Inc.
Glori Energy Inc.
Gulf energy LLC
Genome Prairie
Chemiphase
Segment by Type
Ground Method
Reservoir Method
Segment by Application
Onshore Oilfield
Offshore Oilfield
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Microbial Enhanced Oil Recovery (MEOR) companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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.
The global Microbial Enhanced Oil Recovery (MEOR) market was valued at US$ 821 million in 2023 and is anticipated to reach US$ 1109.2 million by 2030, witnessing a CAGR of 4.3% during the forecast period 2024-2030.
Global Microbial Enhanced Oil Recovery key players include StatOil, Titan oil recovery, Royal Dutch Shell, BP, ConocoPhillips, etc. Global top five players hold a share about 70%.
North America is the largest market, with a share about 30%, followed by Europe and Asia-Pacific, having a total share about 40 percent.
In terms of product, Reservoir Method is the largest segment, with a share about 70%. And in terms of application, the largest application is Onshore Oilfield, followed by Offshore Oilfield.
This report aims to provide a comprehensive presentation of the global market for Microbial Enhanced Oil Recovery (MEOR), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Microbial Enhanced Oil Recovery (MEOR).
Report Scope
The Microbial Enhanced Oil Recovery (MEOR) market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Microbial Enhanced Oil Recovery (MEOR) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Microbial Enhanced Oil Recovery (MEOR) companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Equinor
Royal Dutch Shell plc.
BP p.l.c
ConocoPhillips
DowDuPont
Titan oil recovery Inc.
Glori Energy Inc.
Gulf energy LLC
Genome Prairie
Chemiphase
Segment by Type
Ground Method
Reservoir Method
Segment by Application
Onshore Oilfield
Offshore Oilfield
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Microbial Enhanced Oil Recovery (MEOR) companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Microbial Enhanced Oil Recovery (MEOR) Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Ground Method
1.2.3 Reservoir Method
1.3 Market by Application
1.3.1 Global Microbial Enhanced Oil Recovery (MEOR) Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Onshore Oilfield
1.3.3 Offshore Oilfield
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Microbial Enhanced Oil Recovery (MEOR) Market Perspective (2019-2030)
2.2 Microbial Enhanced Oil Recovery (MEOR) Growth Trends by Region
2.2.1 Global Microbial Enhanced Oil Recovery (MEOR) Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Microbial Enhanced Oil Recovery (MEOR) Historic Market Size by Region (2019-2024)
2.2.3 Microbial Enhanced Oil Recovery (MEOR) Forecasted Market Size by Region (2025-2030)
2.3 Microbial Enhanced Oil Recovery (MEOR) Market Dynamics
2.3.1 Microbial Enhanced Oil Recovery (MEOR) Industry Trends
2.3.2 Microbial Enhanced Oil Recovery (MEOR) Market Drivers
2.3.3 Microbial Enhanced Oil Recovery (MEOR) Market Challenges
2.3.4 Microbial Enhanced Oil Recovery (MEOR) Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Microbial Enhanced Oil Recovery (MEOR) Players by Revenue
3.1.1 Global Top Microbial Enhanced Oil Recovery (MEOR) Players by Revenue (2019-2024)
3.1.2 Global Microbial Enhanced Oil Recovery (MEOR) Revenue Market Share by Players (2019-2024)
3.2 Global Microbial Enhanced Oil Recovery (MEOR) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Microbial Enhanced Oil Recovery (MEOR) Revenue
3.4 Global Microbial Enhanced Oil Recovery (MEOR) Market Concentration Ratio
3.4.1 Global Microbial Enhanced Oil Recovery (MEOR) Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Microbial Enhanced Oil Recovery (MEOR) Revenue in 2023
3.5 Microbial Enhanced Oil Recovery (MEOR) Key Players Head office and Area Served
3.6 Key Players Microbial Enhanced Oil Recovery (MEOR) Product Solution and Service
3.7 Date of Enter into Microbial Enhanced Oil Recovery (MEOR) Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Microbial Enhanced Oil Recovery (MEOR) Breakdown Data by Type
4.1 Global Microbial Enhanced Oil Recovery (MEOR) Historic Market Size by Type (2019-2024)
4.2 Global Microbial Enhanced Oil Recovery (MEOR) Forecasted Market Size by Type (2025-2030)
5 Microbial Enhanced Oil Recovery (MEOR) Breakdown Data by Application
5.1 Global Microbial Enhanced Oil Recovery (MEOR) Historic Market Size by Application (2019-2024)
5.2 Global Microbial Enhanced Oil Recovery (MEOR) Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Microbial Enhanced Oil Recovery (MEOR) Market Size (2019-2030)
6.2 North America Microbial Enhanced Oil Recovery (MEOR) Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Microbial Enhanced Oil Recovery (MEOR) Market Size by Country (2019-2024)
6.4 North America Microbial Enhanced Oil Recovery (MEOR) Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Microbial Enhanced Oil Recovery (MEOR) Market Size (2019-2030)
7.2 Europe Microbial Enhanced Oil Recovery (MEOR) Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Microbial Enhanced Oil Recovery (MEOR) Market Size by Country (2019-2024)
7.4 Europe Microbial Enhanced Oil Recovery (MEOR) Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Microbial Enhanced Oil Recovery (MEOR) Market Size (2019-2030)
8.2 Asia-Pacific Microbial Enhanced Oil Recovery (MEOR) Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Microbial Enhanced Oil Recovery (MEOR) Market Size by Region (2019-2024)
8.4 Asia-Pacific Microbial Enhanced Oil Recovery (MEOR) Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Microbial Enhanced Oil Recovery (MEOR) Market Size (2019-2030)
9.2 Latin America Microbial Enhanced Oil Recovery (MEOR) Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Microbial Enhanced Oil Recovery (MEOR) Market Size by Country (2019-2024)
9.4 Latin America Microbial Enhanced Oil Recovery (MEOR) Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Microbial Enhanced Oil Recovery (MEOR) Market Size (2019-2030)
10.2 Middle East & Africa Microbial Enhanced Oil Recovery (MEOR) Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Microbial Enhanced Oil Recovery (MEOR) Market Size by Country (2019-2024)
10.4 Middle East & Africa Microbial Enhanced Oil Recovery (MEOR) Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Equinor
11.1.1 Equinor Company Detail
11.1.2 Equinor Business Overview
11.1.3 Equinor Microbial Enhanced Oil Recovery (MEOR) Introduction
11.1.4 Equinor Revenue in Microbial Enhanced Oil Recovery (MEOR) Business (2019-2024)
11.1.5 Equinor Recent Development
11.2 Royal Dutch Shell plc.
11.2.1 Royal Dutch Shell plc. Company Detail
11.2.2 Royal Dutch Shell plc. Business Overview
11.2.3 Royal Dutch Shell plc. Microbial Enhanced Oil Recovery (MEOR) Introduction
11.2.4 Royal Dutch Shell plc. Revenue in Microbial Enhanced Oil Recovery (MEOR) Business (2019-2024)
11.2.5 Royal Dutch Shell plc. Recent Development
11.3 BP p.l.c
11.3.1 BP p.l.c Company Detail
11.3.2 BP p.l.c Business Overview
11.3.3 BP p.l.c Microbial Enhanced Oil Recovery (MEOR) Introduction
11.3.4 BP p.l.c Revenue in Microbial Enhanced Oil Recovery (MEOR) Business (2019-2024)
11.3.5 BP p.l.c Recent Development
11.4 ConocoPhillips
11.4.1 ConocoPhillips Company Detail
11.4.2 ConocoPhillips Business Overview
11.4.3 ConocoPhillips Microbial Enhanced Oil Recovery (MEOR) Introduction
11.4.4 ConocoPhillips Revenue in Microbial Enhanced Oil Recovery (MEOR) Business (2019-2024)
11.4.5 ConocoPhillips Recent Development
11.5 DowDuPont
11.5.1 DowDuPont Company Detail
11.5.2 DowDuPont Business Overview
11.5.3 DowDuPont Microbial Enhanced Oil Recovery (MEOR) Introduction
11.5.4 DowDuPont Revenue in Microbial Enhanced Oil Recovery (MEOR) Business (2019-2024)
11.5.5 DowDuPont Recent Development
11.6 Titan oil recovery Inc.
11.6.1 Titan oil recovery Inc. Company Detail
11.6.2 Titan oil recovery Inc. Business Overview
11.6.3 Titan oil recovery Inc. Microbial Enhanced Oil Recovery (MEOR) Introduction
11.6.4 Titan oil recovery Inc. Revenue in Microbial Enhanced Oil Recovery (MEOR) Business (2019-2024)
11.6.5 Titan oil recovery Inc. Recent Development
11.7 Glori Energy Inc.
11.7.1 Glori Energy Inc. Company Detail
11.7.2 Glori Energy Inc. Business Overview
11.7.3 Glori Energy Inc. Microbial Enhanced Oil Recovery (MEOR) Introduction
11.7.4 Glori Energy Inc. Revenue in Microbial Enhanced Oil Recovery (MEOR) Business (2019-2024)
11.7.5 Glori Energy Inc. Recent Development
11.8 Gulf energy LLC
11.8.1 Gulf energy LLC Company Detail
11.8.2 Gulf energy LLC Business Overview
11.8.3 Gulf energy LLC Microbial Enhanced Oil Recovery (MEOR) Introduction
11.8.4 Gulf energy LLC Revenue in Microbial Enhanced Oil Recovery (MEOR) Business (2019-2024)
11.8.5 Gulf energy LLC Recent Development
11.9 Genome Prairie
11.9.1 Genome Prairie Company Detail
11.9.2 Genome Prairie Business Overview
11.9.3 Genome Prairie Microbial Enhanced Oil Recovery (MEOR) Introduction
11.9.4 Genome Prairie Revenue in Microbial Enhanced Oil Recovery (MEOR) Business (2019-2024)
11.9.5 Genome Prairie Recent Development
11.10 Chemiphase
11.10.1 Chemiphase Company Detail
11.10.2 Chemiphase Business Overview
11.10.3 Chemiphase Microbial Enhanced Oil Recovery (MEOR) Introduction
11.10.4 Chemiphase Revenue in Microbial Enhanced Oil Recovery (MEOR) Business (2019-2024)
11.10.5 Chemiphase Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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