Microbial Enhanced Oil Recovery Market - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Microbial Enhanced Oil Recovery Market - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

There are numerous techniques to recover the oil from well at different levels such as primary level recovery, secondary level recovery, and tertiary level recovery. Microbial enhanced oil recovery is a tertiary oil recovery technique used for additional or improve recovery of trapped oil from the well.
Microbial enhanced oil recovery technique would result in the increment of oil production and can also degrade heavy oils into lighter ones, which will act as an alternative approach to desulfurization technique, which makes fuel lighter by removing sulfur and removes heavy metal.
Market Dynamics
Increasing demand for oil and natural gas is driving growth of the microbial enhanced oil recovery market. As growth of microbial enhanced oil recovery market is dependent on oil consumption, long term consumption security will ensure steady growth of microbial enhanced oil recovery market. According to the Organization of the Petroleum Exporting Countries (OPEC), the global oil consumption increased from 104 mboe/d to 268 mboe/d, an increase of 157% over the period 1970 to 2013. This rapid increase has been attributed to increasing consumption in emerging economies of India, China, and ASEAN. Furthermore, according to the OPEC, oil consumption increased by 49% from 268 mboe/d in 2013, to 399 mboe/d by 2040.
Key features of the study:
This report provides in-depth analysis of microbial enhanced oil recovery market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new Injection launches or approval, regional outlook, and competitive strategies adopted by the leading players
It profiles leading players in the global microbial enhanced oil recovery market based on the following parameters – company overview, financial performance, microbial enhanced oil recovery portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include National Energy Services Reunited Corp., Micro-Bac International Inc., RAM Biochemical, Inc., Titan Oil Recovery, Inc., Chemiphase Ltd., ConocoPhillips Company and Microbial Energy Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future microbial enhanced oil recovery launch, technology up-gradation, market expansion, and marketing tactics
The global microbial enhanced oil recovery market report caters to various stakeholders in this industry including investors, suppliers, microbial enhanced oil recovery manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the microbial enhanced oil recovery market.
Detailed Segmentation:
Global Microbial Enhanced Oil Recovery Market, By Injection Type:
Cyclic Microbial Recovery
Microbial Flooding Recovery
Microbial Selective Plugging
Global Microbial Enhanced Oil Recovery Market, By Application:
Interfacial Tension Reduction
Emulsification and De-emulsification
Selective Plugging
Wettability Alteration
Gas Production
Bio Degradation
Global Microbial Enhanced Oil Recovery Market, By Well Location:
Onshore
Offshore
Global Microbial Enhanced Oil Recovery Market, By Region:
North America
U.S.
By Injection Type
Cyclic Microbial Recovery
Microbial Flooding Recovery
Microbial Selective Plugging
By Application
Interfacial Tension Reduction
Emulsification and De-emulsification
Selective Plugging
Wettability Alteration
Gas Production
Bio Degradation
By Well Location
Onshore
Offshore
Canada
By Injection Type
Cyclic Microbial Recovery
Microbial Flooding Recovery
Microbial Selective Plugging
By Application
Interfacial Tension Reduction
Emulsification and De-emulsification
Selective Plugging
Wettability Alteration
Gas Production
Bio Degradation
By Well Location
Onshore
Offshore
U.K.
By Injection Type
Cyclic Microbial Recovery
Microbial Flooding Recovery
Microbial Selective Plugging
By Application
Interfacial Tension Reduction
Emulsification and De-emulsification
Selective Plugging
Wettability Alteration
Gas Production
Bio Degradation
By Well Location
Onshore
Offshore
Germany
By Injection Type
Cyclic Microbial Recovery
Microbial Flooding Recovery
Microbial Selective Plugging
By Application
Interfacial Tension Reduction
Emulsification and De-emulsification
Selective Plugging
Wettability Alteration
Gas Production
Bio Degradation
By Well Location
Onshore
Offshore
Italy
By Injection Type
Cyclic Microbial Recovery
Microbial Flooding Recovery
Microbial Selective Plugging
By Application
Interfacial Tension Reduction
Emulsification and De-emulsification
Selective Plugging
Wettability Alteration
Gas Production
Bio Degradation
By Well Location
Onshore
Offshore
France
By Injection Type
Cyclic Microbial Recovery
Microbial Flooding Recovery
Microbial Selective Plugging
By Application
Interfacial Tension Reduction
Emulsification and De-emulsification
Selective Plugging
Wettability Alteration
Gas Production
Bio Degradation
By Well Location
Onshore
Offshore
Russia
By Injection Type
Cyclic Microbial Recovery
Microbial Flooding Recovery
Microbial Selective Plugging
By Application
Interfacial Tension Reduction
Emulsification and De-emulsification
Selective Plugging
Wettability Alteration
Gas Production
Bio Degradation
By Well Location
Onshore
Offshore
Rest of Europe
By Injection Type
Cyclic Microbial Recovery
Microbial Flooding Recovery
Microbial Selective Plugging
By Application
Interfacial Tension Reduction
Emulsification and De-emulsification
Selective Plugging
Wettability Alteration
Gas Production
Bio Degradation
By Well Location
Onshore
Offshore
Asia Pacific
China
By Injection Type
Cyclic Microbial Recovery
Microbial Flooding Recovery
Microbial Selective Plugging
By Application
Interfacial Tension Reduction
Emulsification and De-emulsification
Selective Plugging
Wettability Alteration
Gas Production
Bio Degradation
By Well Location
Onshore
Offshore
India
By Injection Type
Cyclic Microbial Recovery
Microbial Flooding Recovery
Microbial Selective Plugging
By Application
Interfacial Tension Reduction
Emulsification and De-emulsification
Selective Plugging
Wettability Alteration
Gas Production
Bio Degradation
By Well Location
Onshore
Offshore
Japan
By Injection Type
Cyclic Microbial Recovery
Microbial Flooding Recovery
Microbial Selective Plugging
By Application
Interfacial Tension Reduction
Emulsification and De-emulsification
Selective Plugging
Wettability Alteration
Gas Production
Bio Degradation
By Well Location
Onshore
Offshore
ASEAN
By Injection Type
Cyclic Microbial Recovery
Microbial Flooding Recovery
Microbial Selective Plugging
By Application
Interfacial Tension Reduction
Emulsification and De-emulsification
Selective Plugging
Wettability Alteration
Gas Production
Bio Degradation
By Well Location
Onshore
Offshore
Australia
By Injection Type
Cyclic Microbial Recovery
Microbial Flooding Recovery
Microbial Selective Plugging
By Application
Interfacial Tension Reduction
Emulsification and De-emulsification
Selective Plugging
Wettability Alteration
Gas Production
Bio Degradation
By Well Location
Onshore
Offshore
South Korea
By Injection Type
Cyclic Microbial Recovery
Microbial Flooding Recovery
Microbial Selective Plugging
By Application
Interfacial Tension Reduction
Emulsification and De-emulsification
Selective Plugging
Wettability Alteration
Gas Production
Bio Degradation
By Well Location
Onshore
Offshore
Rest of Asia Pacific
By Injection Type
Cyclic Microbial Recovery
Microbial Flooding Recovery
Microbial Selective Plugging
By Application
Interfacial Tension Reduction
Emulsification and De-emulsification
Selective Plugging
Wettability Alteration
Gas Production
Bio Degradation
By Well Location
Onshore
Offshore
Latin America
Brazil
By Injection Type
Cyclic Microbial Recovery
Microbial Flooding Recovery
Microbial Selective Plugging
By Application
Interfacial Tension Reduction
Emulsification and De-emulsification
Selective Plugging
Wettability Alteration
Gas Production
Bio Degradation
By Well Location
Onshore
Offshore
Mexico
By Injection Type
Cyclic Microbial Recovery
Microbial Flooding Recovery
Microbial Selective Plugging
By Application
Interfacial Tension Reduction
Emulsification and De-emulsification
Selective Plugging
Wettability Alteration
Gas Production
Bio Degradation
By Well Location
Onshore
Offshore
Rest of Latin America
By Injection Type
Cyclic Microbial Recovery
Microbial Flooding Recovery
Microbial Selective Plugging
By Application
Interfacial Tension Reduction
Emulsification and De-emulsification
Selective Plugging
Wettability Alteration
Gas Production
Bio Degradation
By Well Location
Onshore
Offshore
Middle East
GCC
By Injection Type
Cyclic Microbial Recovery
Microbial Flooding Recovery
Microbial Selective Plugging
By Application
Interfacial Tension Reduction
Emulsification and De-emulsification
Selective Plugging
Wettability Alteration
Gas Production
Bio Degradation
By Well Location
Onshore
Offshore
Israel
By Injection Type
Cyclic Microbial Recovery
Microbial Flooding Recovery
Microbial Selective Plugging
By Application
Interfacial Tension Reduction
Emulsification and De-emulsification
Selective Plugging
Wettability Alteration
Gas Production
Bio Degradation
By Well Location
Onshore
Offshore
Rest of Middle East
By Injection Type
Cyclic Microbial Recovery
Microbial Flooding Recovery
Microbial Selective Plugging
By Application
Interfacial Tension Reduction
Emulsification and De-emulsification
Selective Plugging
Wettability Alteration
Gas Production
Bio Degradation
By Well Location
Onshore
Offshore
Northern Africa
By Injection Type
Cyclic Microbial Recovery
Microbial Flooding Recovery
Microbial Selective Plugging
By Application
Interfacial Tension Reduction
Emulsification and De-emulsification
Selective Plugging
Wettability Alteration
Gas Production
Bio Degradation
By Well Location
Onshore
Offshore
Central Africa
By Injection Type
Cyclic Microbial Recovery
Microbial Flooding Recovery
Microbial Selective Plugging
By Application
Interfacial Tension Reduction
Emulsification and De-emulsification
Selective Plugging
Wettability Alteration
Gas Production
Bio Degradation
By Well Location
Onshore
Offshore
South Africa
By Injection Type
Cyclic Microbial Recovery
Microbial Flooding Recovery
Microbial Selective Plugging
By Application
Interfacial Tension Reduction
Emulsification and De-emulsification
Selective Plugging
Wettability Alteration
Gas Production
Bio Degradation
By Well Location
Onshore
Offshore
Company Profiles
National Energy Services Reunited Corp. *
Company Overview
Microbial Enhanced Oil Recovery Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Micro-Bac International Inc.
RAM Biochemical, Inc.
Microbial Energy Inc.
Titan Oil Recovery, Inc.
Chemiphase Ltd.
ConocoPhillips Company
“*” marked represents similar segmentation in other categories in the respective section.