Global (AMER, EMEA, BRICS and APAC) Microbial Enhanced Oil Recovery Market Size, Status and Forecast 2019-2025 (Includes Business Impact of COVID-19)

                                          
Abstract, Snapshot, Market Analysis & Market Definition: Microbial Enhanced Oil Recovery Market

 

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. In 2018, the global Microbial Enhanced Oil Recovery market size was 577 million US$ and it is expected to reach 1259.7 million US$ by the end of 2025, with a CAGR of 11.8% during 2019-2025. This report focuses on the global Microbial Enhanced Oil Recovery status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Microbial Enhanced Oil Recovery development in United States, Europe and China. 

Market Segmentation, Outlook & Regional Insights: Microbial Enhanced Oil Recovery Market

Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:

Ground Method
Reservoir Method

Segmentation by Application: Breakdown of data from year 2014 to 2019 and forecast until 2025:


Onshore Oilfield
Offshore Oilfield
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

Key Players, Recent Developments & Sector Viewpoints: Microbial Enhanced Oil Recovery Market

StatOil
Titan Oil Recovery
Royal Dutch Shell
BP
ConocoPhillips
DowDuPont
Genome Prairie
Chemiphase
CNPC
Gulf Energy

Key Insights Covered: Exhaustive Microbial Enhanced Oil Recovery Market
1.  Market size (sales, revenue and growth rate) of Microbial Enhanced Oil Recovery industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Microbial Enhanced Oil Recovery industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Microbial Enhanced Oil Recovery industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Microbial Enhanced Oil Recovery industry.

Research Methodology: Microbial Enhanced Oil Recovery Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.