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Microbial EOR (Microbial Enhanced Oil Recovery)-Global Market Insights and Sales Trends 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 EOR (Microbial Enhanced Oil Recovery) market size is expected to reach US$ 1211.8 million by 2029, growing at a CAGR of 5.6% from 2023 to 2029. The market is mainly driven by the significant applications of Microbial EOR (Microbial Enhanced Oil Recovery) in various end use industries. The expanding demands from the Interfacial Tension Reduction, Emulsification and De-Emulsification, Selective Plugging & Wettability Alteration and Gas Production, are propelling Microbial EOR (Microbial Enhanced Oil Recovery) market. Biomass Formation, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Bio-Surfactants segment is estimated at % CAGR for the next seven-year period.
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 71%. And in terms of application, the largest application is Onshore Oilfield, followed by Offshore Oilfield.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Microbial EOR (Microbial Enhanced Oil Recovery), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Microbial EOR (Microbial Enhanced Oil Recovery) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Microbial EOR (Microbial Enhanced Oil Recovery) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Microbial EOR (Microbial Enhanced Oil Recovery) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Microbial EOR (Microbial Enhanced Oil Recovery) covered in this report include Titan Oil Recovery, Chemiphase, GULF ENERGY SAOC, Environmental BioTechnologies, ONGC TERI Biotech Limited, RAM Biochemicals, Micro-Bac International and Microbial Energy, etc.
The global Microbial EOR (Microbial Enhanced Oil Recovery) market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Titan Oil Recovery
Chemiphase
GULF ENERGY SAOC
Environmental BioTechnologies
ONGC TERI Biotech Limited
RAM Biochemicals
Micro-Bac International
Microbial Energy
Global Microbial EOR (Microbial Enhanced Oil Recovery) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Microbial EOR (Microbial Enhanced Oil Recovery) market, Segment by Type:
Biomass Formation
Bio-Surfactants
Bio-Polymers
Bio-Solvents
Organic Acids
Bio-Gases
Bio-emulsifiers
Hydrocarbon Metabolism
Global Microbial EOR (Microbial Enhanced Oil Recovery) market, by Application
Interfacial Tension Reduction
Emulsification and De-Emulsification
Selective Plugging & Wettability Alteration
Gas Production
Biodegradation
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Microbial EOR (Microbial Enhanced Oil Recovery) companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion
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 EOR (Microbial Enhanced Oil Recovery) market size is expected to reach US$ 1211.8 million by 2029, growing at a CAGR of 5.6% from 2023 to 2029. The market is mainly driven by the significant applications of Microbial EOR (Microbial Enhanced Oil Recovery) in various end use industries. The expanding demands from the Interfacial Tension Reduction, Emulsification and De-Emulsification, Selective Plugging & Wettability Alteration and Gas Production, are propelling Microbial EOR (Microbial Enhanced Oil Recovery) market. Biomass Formation, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Bio-Surfactants segment is estimated at % CAGR for the next seven-year period.
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 71%. And in terms of application, the largest application is Onshore Oilfield, followed by Offshore Oilfield.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Microbial EOR (Microbial Enhanced Oil Recovery), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Microbial EOR (Microbial Enhanced Oil Recovery) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Microbial EOR (Microbial Enhanced Oil Recovery) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Microbial EOR (Microbial Enhanced Oil Recovery) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Microbial EOR (Microbial Enhanced Oil Recovery) covered in this report include Titan Oil Recovery, Chemiphase, GULF ENERGY SAOC, Environmental BioTechnologies, ONGC TERI Biotech Limited, RAM Biochemicals, Micro-Bac International and Microbial Energy, etc.
The global Microbial EOR (Microbial Enhanced Oil Recovery) market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Titan Oil Recovery
Chemiphase
GULF ENERGY SAOC
Environmental BioTechnologies
ONGC TERI Biotech Limited
RAM Biochemicals
Micro-Bac International
Microbial Energy
Global Microbial EOR (Microbial Enhanced Oil Recovery) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Microbial EOR (Microbial Enhanced Oil Recovery) market, Segment by Type:
Biomass Formation
Bio-Surfactants
Bio-Polymers
Bio-Solvents
Organic Acids
Bio-Gases
Bio-emulsifiers
Hydrocarbon Metabolism
Global Microbial EOR (Microbial Enhanced Oil Recovery) market, by Application
Interfacial Tension Reduction
Emulsification and De-Emulsification
Selective Plugging & Wettability Alteration
Gas Production
Biodegradation
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Microbial EOR (Microbial Enhanced Oil Recovery) companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion
Index1 Market Overview of Microbial EOR (Microbial Enhanced Oil Recovery)
1.1 Microbial EOR (Microbial Enhanced Oil Recovery) Market Overview
1.1.1 Microbial EOR (Microbial Enhanced Oil Recovery) Product Scope
1.1.2 Microbial EOR (Microbial Enhanced Oil Recovery) Market Status and Outlook
1.2 Global Microbial EOR (Microbial Enhanced Oil Recovery) Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Microbial EOR (Microbial Enhanced Oil Recovery) Market Size by Region (2018-2029)
1.4 Global Microbial EOR (Microbial Enhanced Oil Recovery) Historic Market Size by Region (2018-2023)
1.5 Global Microbial EOR (Microbial Enhanced Oil Recovery) Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Microbial EOR (Microbial Enhanced Oil Recovery) Market Size (2018-2029)
1.6.1 North America Microbial EOR (Microbial Enhanced Oil Recovery) Market Size (2018-2029)
1.6.2 Europe Microbial EOR (Microbial Enhanced Oil Recovery) Market Size (2018-2029)
1.6.3 Asia-Pacific Microbial EOR (Microbial Enhanced Oil Recovery) Market Size (2018-2029)
1.6.4 Latin America Microbial EOR (Microbial Enhanced Oil Recovery) Market Size (2018-2029)
1.6.5 Middle East & Africa Microbial EOR (Microbial Enhanced Oil Recovery) Market Size (2018-2029)
2 Microbial EOR (Microbial Enhanced Oil Recovery) Market by Type
2.1 Introduction
2.1.1 Biomass Formation
2.1.2 Bio-Surfactants
2.1.3 Bio-Polymers
2.1.4 Bio-Solvents
2.1.5 Organic Acids
2.1.6 Bio-Gases
2.1.7 Bio-emulsifiers
2.1.8 Hydrocarbon Metabolism
2.2 Global Microbial EOR (Microbial Enhanced Oil Recovery) Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Microbial EOR (Microbial Enhanced Oil Recovery) Historic Market Size by Type (2018-2023)
2.2.2 Global Microbial EOR (Microbial Enhanced Oil Recovery) Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Microbial EOR (Microbial Enhanced Oil Recovery) Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Microbial EOR (Microbial Enhanced Oil Recovery) Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Microbial EOR (Microbial Enhanced Oil Recovery) Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Microbial EOR (Microbial Enhanced Oil Recovery) Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Microbial EOR (Microbial Enhanced Oil Recovery) Revenue Breakdown by Type (2018-2029)
3 Microbial EOR (Microbial Enhanced Oil Recovery) Market Overview by Application
3.1 Introduction
3.1.1 Interfacial Tension Reduction
3.1.2 Emulsification and De-Emulsification
3.1.3 Selective Plugging & Wettability Alteration
3.1.4 Gas Production
3.1.5 Biodegradation
3.2 Global Microbial EOR (Microbial Enhanced Oil Recovery) Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Microbial EOR (Microbial Enhanced Oil Recovery) Historic Market Size by Application (2018-2023)
3.2.2 Global Microbial EOR (Microbial Enhanced Oil Recovery) Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Microbial EOR (Microbial Enhanced Oil Recovery) Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Microbial EOR (Microbial Enhanced Oil Recovery) Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Microbial EOR (Microbial Enhanced Oil Recovery) Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Microbial EOR (Microbial Enhanced Oil Recovery) Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Microbial EOR (Microbial Enhanced Oil Recovery) Revenue Breakdown by Application (2018-2029)
4 Microbial EOR (Microbial Enhanced Oil Recovery) Competition Analysis by Players
4.1 Global Microbial EOR (Microbial Enhanced Oil Recovery) Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Microbial EOR (Microbial Enhanced Oil Recovery) as of 2022)
4.3 Date of Key Players Enter into Microbial EOR (Microbial Enhanced Oil Recovery) Market
4.4 Global Top Players Microbial EOR (Microbial Enhanced Oil Recovery) Headquarters and Area Served
4.5 Key Players Microbial EOR (Microbial Enhanced Oil Recovery) Product Solution and Service
4.6 Competitive Status
4.6.1 Microbial EOR (Microbial Enhanced Oil Recovery) Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Titan Oil Recovery
5.1.1 Titan Oil Recovery Profile
5.1.2 Titan Oil Recovery Main Business
5.1.3 Titan Oil Recovery Microbial EOR (Microbial Enhanced Oil Recovery) Products, Services and Solutions
5.1.4 Titan Oil Recovery Microbial EOR (Microbial Enhanced Oil Recovery) Revenue (US$ Million) & (2018-2023)
5.1.5 Titan Oil Recovery Recent Developments
5.2 Chemiphase
5.2.1 Chemiphase Profile
5.2.2 Chemiphase Main Business
5.2.3 Chemiphase Microbial EOR (Microbial Enhanced Oil Recovery) Products, Services and Solutions
5.2.4 Chemiphase Microbial EOR (Microbial Enhanced Oil Recovery) Revenue (US$ Million) & (2018-2023)
5.2.5 Chemiphase Recent Developments
5.3 GULF ENERGY SAOC
5.3.1 GULF ENERGY SAOC Profile
5.3.2 GULF ENERGY SAOC Main Business
5.3.3 GULF ENERGY SAOC Microbial EOR (Microbial Enhanced Oil Recovery) Products, Services and Solutions
5.3.4 GULF ENERGY SAOC Microbial EOR (Microbial Enhanced Oil Recovery) Revenue (US$ Million) & (2018-2023)
5.3.5 Environmental BioTechnologies Recent Developments
5.4 Environmental BioTechnologies
5.4.1 Environmental BioTechnologies Profile
5.4.2 Environmental BioTechnologies Main Business
5.4.3 Environmental BioTechnologies Microbial EOR (Microbial Enhanced Oil Recovery) Products, Services and Solutions
5.4.4 Environmental BioTechnologies Microbial EOR (Microbial Enhanced Oil Recovery) Revenue (US$ Million) & (2018-2023)
5.4.5 Environmental BioTechnologies Recent Developments
5.5 ONGC TERI Biotech Limited
5.5.1 ONGC TERI Biotech Limited Profile
5.5.2 ONGC TERI Biotech Limited Main Business
5.5.3 ONGC TERI Biotech Limited Microbial EOR (Microbial Enhanced Oil Recovery) Products, Services and Solutions
5.5.4 ONGC TERI Biotech Limited Microbial EOR (Microbial Enhanced Oil Recovery) Revenue (US$ Million) & (2018-2023)
5.5.5 ONGC TERI Biotech Limited Recent Developments
5.6 RAM Biochemicals
5.6.1 RAM Biochemicals Profile
5.6.2 RAM Biochemicals Main Business
5.6.3 RAM Biochemicals Microbial EOR (Microbial Enhanced Oil Recovery) Products, Services and Solutions
5.6.4 RAM Biochemicals Microbial EOR (Microbial Enhanced Oil Recovery) Revenue (US$ Million) & (2018-2023)
5.6.5 RAM Biochemicals Recent Developments
5.7 Micro-Bac International
5.7.1 Micro-Bac International Profile
5.7.2 Micro-Bac International Main Business
5.7.3 Micro-Bac International Microbial EOR (Microbial Enhanced Oil Recovery) Products, Services and Solutions
5.7.4 Micro-Bac International Microbial EOR (Microbial Enhanced Oil Recovery) Revenue (US$ Million) & (2018-2023)
5.7.5 Micro-Bac International Recent Developments
5.8 Microbial Energy
5.8.1 Microbial Energy Profile
5.8.2 Microbial Energy Main Business
5.8.3 Microbial Energy Microbial EOR (Microbial Enhanced Oil Recovery) Products, Services and Solutions
5.8.4 Microbial Energy Microbial EOR (Microbial Enhanced Oil Recovery) Revenue (US$ Million) & (2018-2023)
5.8.5 Microbial Energy Recent Developments
6 North America
6.1 North America Microbial EOR (Microbial Enhanced Oil Recovery) Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Microbial EOR (Microbial Enhanced Oil Recovery) Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Microbial EOR (Microbial Enhanced Oil Recovery) Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Microbial EOR (Microbial Enhanced Oil Recovery) Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Microbial EOR (Microbial Enhanced Oil Recovery) Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Microbial EOR (Microbial Enhanced Oil Recovery) Market Dynamics
11.1 Microbial EOR (Microbial Enhanced Oil Recovery) Industry Trends
11.2 Microbial EOR (Microbial Enhanced Oil Recovery) Market Drivers
11.3 Microbial EOR (Microbial Enhanced Oil Recovery) Market Challenges
11.4 Microbial EOR (Microbial Enhanced Oil Recovery) Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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