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Microbial Enhanced Oil Recovery Market - Top Companies and Manufacturers

  • Report ID: 3824
  • Published Date: Jul 24, 2024
  • Report Format: PDF, PPT

Companies Dominating the Microbial Enhanced Oil Recovery (MEOR) Landscape

top-features-companies
    • DuPont De Nemours Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • BP Plc
    • Chemiphase Ltd.
    • Environmental BioTechnologies Inc.
    • Equinor ASA
    • Micro-Bac International Inc.
    • ONGC TERI Biotech Ltd.
    • RAM Biochemicals Inc.
    • Titan Oil Recovery Inc.
    • Qyrin Petroleum Technology
Browse Key Market Insights with Data Illustration:

In the News

  • TechnipFMC opened a surface international facility in ICAD II, with the main aim to assist ADNOC in enhancing its operations in Abu Dhabi.

  • ONGC joined hands with Indian Oil for reducing carbon emissions during enhanced oil recovery by injecting carbon dioxide captured from IOCL’s Koyali refinery.


Author Credits:  Dhruv Bhatia


  • Report ID: 3824
  • Published Date: Jul 24, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of microbial enhanced oil recovery (MEOR) is assessed at USD 141.37 Million.

The microbial enhanced oil recovery (MEOR) market size was over USD 119.9 Million in 2023 and is projected to reach USD 1.26 Billion by the end of 2036, growing at around 19.9% CAGR during the forecast period i.e., between 2024-2036. The major factors driving the market growth are the increasing number of mature wells across the globe, and the growing demand for cleaner sources for extracting oil.

North America is anticipated to be the largest with a share of about 35% by 2036, owing to large consumption of petroleum, petroleum products, and oilfield chemicals.

DuPont De Nemours Inc., BP Plc, Chemiphase Ltd., Environmental BioTechnologies Inc., Equinor ASA, Micro-Bac International Inc., ONGC TERI Biotech Ltd., RAM Biochemicals Inc., Titan Oil Recovery Inc., Qyrin Petroleum Technology
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