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The global Microbial Enhanced Oil Recovery (MEOR) market was valued at US$ 844.8 million in 2022 and is projected to reach US$ 1120.3 million by 2030, at a CAGR of 4.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
This report aims to provide a comprehensive presentation of the global market for Microbial Enhanced Oil Recovery (MEOR), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Microbial Enhanced Oil Recovery (MEOR). This report contains market size and forecasts of Microbial Enhanced Oil Recovery (MEOR) in global, including the following market information:

• Global Microbial Enhanced Oil Recovery (MEOR) Market Revenue, 2018-2023, 2024-2030, ($ millions)
• Global top five companies in 2022 (%)

Global Microbial Enhanced Oil Recovery key players include StatOil, Titan oil recovery, Royal Dutch Shell, BP, ConocoPhillips, etc. Global top five players hold a share about 70%.
North America is the largest market, with a share about 30%, followed by Europe and Asia-Pacific, having a total share about 40 percent.
In terms of product, Reservoir Method is the largest segment, with a share about 70%. And in terms of application, the largest application is Onshore Oilfield, followed by Offshore Oilfield.
We surveyed the Microbial Enhanced Oil Recovery (MEOR) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Microbial Enhanced Oil Recovery (MEOR) Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Microbial Enhanced Oil Recovery (MEOR) Market Segment Percentages, by Type, 2022 (%)

• Ground Method
• Reservoir Method

Global Microbial Enhanced Oil Recovery (MEOR) Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Microbial Enhanced Oil Recovery (MEOR) Market Segment Percentages, by Application, 2022 (%)

• Onshore Oilfield
• Offshore Oilfield

Global Microbial Enhanced Oil Recovery (MEOR) Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Microbial Enhanced Oil Recovery (MEOR) Market Segment Percentages, By Region and Country, 2022 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Microbial Enhanced Oil Recovery (MEOR) revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Microbial Enhanced Oil Recovery (MEOR) revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:

• Equinor
• Royal Dutch Shell plc.
• BP p.l.c
• ConocoPhillips
• DowDuPont
• Titan oil recovery Inc.
• Glori Energy Inc.
• Gulf energy LLC
• Genome Prairie
• Chemiphase

Outline of Major Chapters:

• Chapter 1: Introduces the definition of Microbial Enhanced Oil Recovery (MEOR), market overview.
• Chapter 2: Global Microbial Enhanced Oil Recovery (MEOR) market size in revenue.
• Chapter 3: Detailed analysis of Microbial Enhanced Oil Recovery (MEOR) company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
• Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
• Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
• Chapter 6: Sales of Microbial Enhanced Oil Recovery (MEOR) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
• Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
• Chapter 8: The main points and conclusions of the report.