Microbial EOR (Microbial Enhanced Oil Recovery) Market: Set to Encounter Paramount Growth Till 2025
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EOR (Microbial Enhanced Oil Recovery) Market: Set to Encounter
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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.
The Microbial EOR (Microbial Enhanced Oil Recovery) market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Microbial EOR (Microbial Enhanced Oil Recovery).
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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
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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
Microbial EOR (Microbial Enhanced Oil Recovery) Production by Region
United States
Europe
China
Japan
Other Regions
Microbial EOR (Microbial Enhanced Oil Recovery) Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
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
Microbial EOR (Microbial Enhanced Oil Recovery) Production by Region
United States
Europe
China
Japan
Other Regions
Microbial EOR (Microbial Enhanced Oil Recovery) Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
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