This report studies the global Microbial Enhanced Oil Recovery market status and forecast, categorizes the global Microbial Enhanced Oil Recovery market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
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.
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The global Microbial Enhanced Oil Recovery market is valued at 520 million US$ in 2017 and will reach 1130 million US$ by the end of 2025, growing at a CAGR of 11.8% during 2018-2025.
The major players covered in this report
Titan Oil Recovery
Royal Dutch Shell
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Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including
The study objectives of this report are:
To analyze and study the global Microbial Enhanced Oil Recovery sales, value, status (2013-2017) and forecast (2018-2025);
To analyze the top players in North America, Europe, China, Japan, Southeast Asia and India, to study the sales, value and market share of top players in these regions.
Focuses on the key Microbial Enhanced Oil Recovery players, to study the sales, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Microbial Enhanced Oil Recovery are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Microbial Enhanced Oil Recovery Manufacturers
Microbial Enhanced Oil Recovery Distributors/Traders/Wholesalers
Microbial Enhanced Oil Recovery Subcomponent Manufacturers
With the given market data, QYResearch offers customizations according to the company’s specific needs. The following customization options are available for the report:
Regional and country-level analysis of the Microbial Enhanced Oil Recovery market, by end-use.
Detailed analysis and profiles of additional market players.
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