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Global Microbial EOR (Microbial Enhanced Oil Recovery) Market Size, Status and Forecast 2021-2027

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. 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. Market Analysis and Insights: Global Microbial EOR (Microbial Enhanced Oil Recovery) Market The global Microbial EOR (Microbial Enhanced Oil Recovery) market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027. With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Microbial EOR (Microbial Enhanced Oil Recovery) market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Microbial EOR (Microbial Enhanced Oil Recovery) market in terms of revenue. On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Microbial EOR (Microbial Enhanced Oil Recovery) market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Microbial EOR (Microbial Enhanced Oil Recovery) market. Global Microbial EOR (Microbial Enhanced Oil Recovery) Scope and Market Size Microbial EOR (Microbial Enhanced Oil Recovery) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Microbial EOR (Microbial Enhanced Oil Recovery) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027. Segment by Type Biomass Formation Bio-Surfactants Bio-Polymers Bio-Solvents Organic Acids Bio-Gases Bio-emulsifiers Hydrocarbon Metabolism Segment by Application Interfacial Tension Reduction Emulsification and De-Emulsification Selective Plugging & Wettability Alteration Gas Production Biodegradation By Region North America U.S. Canada Europe Germany France U.K. Italy Russia Nordic Rest of Europe Asia-Pacific China Japan South Korea Southeast Asia India Australia Rest of Asia Latin America Mexico Brazil Rest of Latin America Middle East & Africa Turkey Saudi Arabia UAE Rest of MEA By Company Titan Oil Recovery Chemiphase GULF ENERGY SAOC Environmental BioTechnologies ONGC TERI Biotech Limited RAM Biochemicals Micro-Bac International Microbial Energy
1 Report Overview 1.1 Study Scope 1.2 Market Analysis by Type 1.2.1 Global Microbial EOR (Microbial Enhanced Oil Recovery) Market Size Growth Rate by Type: 2016 VS 2021 VS 2027 1.2.2 Biomass Formation 1.2.3 Bio-Surfactants 1.2.4 Bio-Polymers 1.2.5 Bio-Solvents 1.2.6 Organic Acids 1.2.7 Bio-Gases 1.2.8 Bio-emulsifiers 1
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About this Report
Report ID 334273
  • Energy
Published on 30-Dec-21
Number of Pages 100
Publisher Name QY Research
Editor Rating