Albany, NY -- (SBWIRE) -- 07/09/2019 -- 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.
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Aging Oil and Gas Infrastructure, Rise in offshore drilling activities, demand for alternative technologies, Economic & Environmental Factors, CO2 Reducing Emission Policies & Rise in Demand for Fuel, are key factors to drive Microbial Enhanced Oil Recovery Market. Additionally, Microbial enhanced oil recovery market is driven by the facts such as increasing number of mature wells globally, rising demand for cleaner sources for extracting oil, and recovering prices of crude oil. Asia Pacific is projected to lead to its tremendous growth in the next few years. Several oil companies across Malaysia, China, and India are implementing the technology to enhance their output using low-cost solutions.
This report presents the worldwide Microbial EOR (Microbial Enhanced Oil Recovery) market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Titan Oil Recovery
Chemiphase
GULF ENERGY SAOC
Environmental BioTechnologies
ONGC TERI Biotech Limited
RAM Biochemicals
Micro-Bac International
Microbial Energy
Microbial EOR (Microbial Enhanced Oil Recovery) Breakdown Data by Type
Biomass Formation
Bio-Surfactants
Bio-Polymers
Bio-Solvents
Organic Acids
Bio-Gases
Bio-emulsifiers
Hydrocarbon Metabolism
Microbial EOR (Microbial Enhanced Oil Recovery) Breakdown Data by Application
Interfacial Tension Reduction
Emulsification and De-Emulsification
Selective Plugging & Wettability Alteration
Gas Production
Biodegradation
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Microbial EOR (Microbial Enhanced Oil Recovery) Production by Region
United States
Europe
China
Japan
Other Regions
The study objectives are:
To analyze and research the global Microbial EOR (Microbial Enhanced Oil Recovery) status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Microbial EOR (Microbial Enhanced Oil Recovery) manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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