Microbial Enhanced Oil Recovery (MEOR) Market Size & Share, by Bacterial Injection (Cyclic MEOR, Microbial Flooding, Feeding Existing Bacteria); Mechanism (In-Situ, Ex-Situ); Application (Interfacial Tension Reduction, Emulsification & De-emulsification, Selective Plugging, Wettability Alternation, Gas Production, Bio Degradation); Type (Ground Method, Reservoir Method) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 3824
  • Published Date: Apr 13, 2023
  • Report Format: PDF, PPT

Companies Dominating the Microbial Enhanced Oil Recovery (MEOR) Landscape

    • 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


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:  Payel Roy, Dhruv Bhatia

  • Report ID: 3824
  • Published Date: Apr 13, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

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.

The market size of microbial enhanced oil recovery (MEOR) is anticipated to attain a CAGR of ~20% over the forecast period, i.e., 2023-2035.

Growing adoption of renewable sources of energy is estimated to hamper the market growth.

The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are 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, and other key players.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by bacterial injection, type, mechanism, application, well type, and by region.

The bacterial flooding segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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