Aging Oil and Gas Infrastructure, Rise in offshore drilling activities, Need for alternative technologies, Economic & Environmental Factors, Lower Crude Oil Prices, CO2 Reducing Emission Policies & Rise in Demand for Fuel, are the basic reasons behind increased demands for the Microbial Enhanced Oil Recovery Market.
China has high exporting capacity for Natural Gas as well as is world's largest net importer of petroleum and other liquids, in part because of China's rising oil consumption. This has made Asia Pacific market for MEOR to grow during 2016-2021. Similarly MEOR Market for Middle East & Africa comprises of Oman, Kuwait, Saudi Arabia, Angola, as their most demanding nations for oil and gas owing to their high consumption demand for energy due to high industrial and manufacturing sector. North America has been able to maintain its high market for MEOR owing to its numerous MEOR field trials & projects especially in United States and Canada.
The report speaks about the offshore and onshore allocation of the market share wherein rise in the offshore explorations in MEOR at Norway, Malaysia and United States would drive the market in the offshore oil and gas industry. Moreover, the percentage share of the onshore market is anticipated to decline but would still be higher than offshore market until the year 2021. But stringent government regulations regarding oil & gas leaks, lower credibility and obstacles in production via MEOR is one of the biggest restraints faced by this industry. Aging Oil and Gas Infrastructure, Need for alternative technologies, Lower Crude Oil Prices & Rise in Demand for Fuel has surged the need for more Exploration & Production (E&P) activities that is further driving the market for Microbial Enhanced Oil Recovery. With the high demand for energy in the nations across the globe, there has been an increase in exploration activities leading to growth in the market for Microbial Enhanced Oil Recovery Market.
According to recently published Azoth Analytics report Microbial Enhanced Oil Recovery Market: Opportunities and Forecasts (2016-2021), Microbial Enhanced Oil Recovery Market is forecasted to grow at a CAGR of 17.37% during 2016 2021F, on account of increased activities in exploration and production activities in the oil and gas sector along with rise in number MEOR projects and field trails in various nations across the globe.
Decline in crude oil prices have brought some major economic benefits for nations which has re-structured the oil and gas industry and the market for Microbial Enhanced Oil Recovery. North American market has been a dominating region during 2016-2021E because of an extensive MEOR project & field trials implementation followed by Europe while Asia Pacific will have the highest CAGR along with Middle East & Africa. The oil and gas industry in North American market holds the highest share by region having a -1.26 % CAGR from 2011-2015 followed by European Market and Middle East & African Market, respectively.
According to Azoth Analytics research report, Global Microbial Enhanced Oil Recovery Market: Opportunities and Forecasts (2016-2021), Microbial Enhanced Oil Recovery Market is projected to exhibit a CAGR of over ~17.37% during 2016E 2021F. On the basis of market segment, the market has been segmented into three categories namely By Metabolic Product, By Application, By Location of Application and By Regions. Few of the leading companies operating Microbial Enhanced Oil Recovery Market are Glori Energy Inc., DuPont, Titan Oil Recovery, Chemiphase, Genome prairie, ConcoPhilips, BP, Stat Oil, Shell, Gulf Energy LLC.
Scope of the Report
The report provides coverage:
By Metabolic Products
Biomass Formation
Bio-Surfactants
Bio-Polymers
Bio-Solvents
Organic Acids
Bio- Gases
Bio-emulsifiers
Hydrocarbon Metabolism
By Application
Interfacial tension reduction
Emulsification and de-emulsification
Selective plugging
Wettability alteration
Gas production
Biodegradation
By Location of Application
Onshore
Offshore
By Region
North America
South & Central America
Asia Pacific
Europe
Middle East & Africa
By Country
United States
Canada
Venezuela
Mexico
Oman
Kuwait
Saudi Arabia
Angola
Russia
China
Australia
Customization of the Report
The report could be customized according to the clients specific research requirements. No additional cost will be required to pay for limited additional research.
2. Executive Summary
3. Strategic Recommendation
3.1 Increase in off-shore drilling activities
3.2 Increased usage of microbes for oil recovery
3.3 Asia-Pacific region to rise at a high rate
4. Global Microbial Enhanced Oil Recovery: An Overview
4.1 Product Overview - Enhanced Oil Recovery & Microbial Enhanced Oil Recovery
4.2 Field Research Trials & Project Findings
4.3 Market Segmentation
4.2.1 By Metabolic Products
4.2.2 By Applications
4.2.3 By Location of Application
5. Global Oil and Gas Industry Overview
5.1. Global Oil and Gas Industry Total Market Size & Forecast
5.1.1 Global Oil Production Market, By Value, (Historic 2011-2015)
5.1.2 Global Oil Production Market, By Value (Forecast 2016E-2021F)
5.1.3 Global Natural Gas Production Market, By Value (Historic 2011-2015)
5.1.4 Global Natural Gas Production Market, By Value (Forecast 2016E-2021F)
5.1.5 Oil demand and production (2011-2020)
5.1.6 Worldwide Average Rig Count June 2016
5.1.7 Average rig counts on Oil v/s Natural Gas June 2016
5.2. Global EOR Market- Total Market Size & Forecast
5.2.1. Global EOR Market Size, By Value (Historic 2011-2015)
5.2.2. Global EOR Market Size, By Value (Forecast 2016E-2021F)
5.2.3. Global EOR Market Size, By Volume (Historic 2011-2015)
5.2.4. Global EOR Market Size, By Volume (Forecast 2016E-2021F)
5.3. Global Microbial Enhanced Oil Recovery Market (MEOR) - Total Market Size & Forecast
5.3.1. Global MEOR Market Size, By Value (Historic 2011-15)
5.3.2. Global MEOR Market Size, By Value (Forecast 2016E-2021F)
5.3.3. Global MEOR Market Size, By Volume (Historic 2011-2015)
5.3.4. Global MEOR Market Size, By Volume (Forecast 2016E-2021F)
5.3.5 Global Crude Oil Production Market, By Volume, (Historic 2011-2015)
5.3.6 Global Crude Oil Production Market, By Volume, (Forecast 2016E-2021F)
6. Global Microbial Enhanced Oil Recovery Market: By Metabolic Products (Biomass Formation, Bio-Surfactants, Bio-Polymers, Bio-Solvents, Organic Acids, Bio- Gases, Bio-emulsifiers, Hydrocarbon Metabolism)
6.1 Global Microbial Enhanced Oil Recovery Market (MEOR) - By Service: Breakdown
6.1.1 By Source-Actual (2015)
6.1.2. By Source-Forecast (2021)
6.2 Biomass Formation Microbial Enhanced Oil Recovery Market
6.2.1. Market Size By Value(2011-2015)
6.2.2. Market Size By Value (2016-2021)
6.2.3. Market Size By Volume(2011-2015)
6.2.4. Market Size By Volume (2016-2021)
6.3 Bio-Surfactants Microbial Enhanced Oil Recovery Market
6.3.1. Market Size By Value(2011-2015)
6.3.2. Market Size By Value (2016-2021)
6.3.3. Market Size By Volume (2011-2015)
6.3.4. Market Size By Volume (2016-2021)
6.4 Bio-Polymers Microbial Enhanced Oil Recovery Market
6.4.1 Market Size By Value(2011-2015)
6.4.2 Market Size By Value (2016-2021)
6.4.3 Market Size By Volume (2011-2015)
6.4.4 Market Size By Volume (2016-2021)
6.5 Bio-Solvents Microbial Enhanced Oil Recovery Market
6.5.1. Market Size By Value(2011-2015)
6.5.2. Market Size By Value (2016-2021)
6.5.3 Market Size By Volume (2011-2015)
6.5.4 Market Size By Volume (2016-2021)
6.6 Organic Microbial Enhanced Oil Recovery Acids Market
6.6.1 Market Size By Value(2011-2015)
6.6.2 Market Size By Value (2016-2021)
6.6.3 Market Size By Volume (2011-2015)
6.6.4 Market Size By Volume (2016-2021)
6.7 Bio-Gases Microbial Enhanced Oil Recovery Market
6.7.1 Market Size By Value(2011-2015)
6.7.2 Market Size By Value (2016-2021)
6.7.3 Market Size By Volume (2011-2015)
6.7.4 Market Size By Volume (2016-2021)
6.8 Bio-emulsifiers Microbial Enhanced Oil Recovery Market
6.8.1 Market Size By Value(2011-2015)
6.8.2 Market Size By Value (2016-2021)
6.8.3 Market Size By Volume (2011-2015)
6.8.4 Market Size By Volume (2016-2021)
6.9 Hydrocarbon Metabolism Microbial Enhanced Oil Recovery Market
6.9.1 Market Size By Value(2011-2015)
6.9.2 Market Size By Value (2016-2021)
6.9.3 Market Size By Volume (2011-2015)
6.9.4Market Size By Volume (2016-2021)
7. Global Microbial Enhanced Oil Recovery: By Applications (Interfacial tension reduction, Emulsification and de-emulsification, Selective plugging & Wettability alteration, Gas production, Biodegradation)
7.1 Global Microbial Enhanced Oil Recovery Market - By Applications: Breakdown
7.1.1.By Application - Actual (2015)
7.1.2.By Application - Forecast (2021)
7.2 Interfacial tension reduction Microbial Enhanced Oil Recovery Market
7.2.1.Market Size By Value(2011-2015)
7.2.2.Market Size By Value (2016-2021)
7.2.3.Market Size By Volume (2011-2015)
7.2.4.Market Size By Volume (2016-2021)
7.3 Emulsification and de-emulsification Microbial Enhanced Oil Recovery Market
7.3.1 Market Size By Value(2011-2015)
7.3.2 Market Size By Value (2016-2021)
7.3.3 Market Size By Volume (2011-2015)
7.3.4 Market Size By Volume (2016-2021)
7.4 Selective plugging & Wettability alteration Microbial Enhanced Oil Recovery Market
7.4.1 Market Size By Value(2011-2015)
7.4.2 Market Size By Value (2016-2021)
7.4.3 Market Size By Volume (2011-2015)
7.4.4 Market Size By Volume (2016-2021)
7.5 Gas production Microbial Enhanced Oil Recovery Market
7.5.1 Market Size By Value(2011-2015)
7.5.2 Market Size By Value (2016-2021)
7.5.3 Market Size By Volume (2011-2015)
7.5.4 Market Size By Volume (2016-2021)
7.6 Biodegradation Microbial Enhanced Oil Recovery Market
7.6.1 Market Size By Value(2011-2015)
7.6.2 Market Size By Value (2016-2021)
7.6.3 Market Size By Volume (2011-2015)
7.6.4 Market Size By Volume (2016-2021)
8. Global Microbial Enhanced Oil Recovery Market: By Location of Application
8.1.1. By Location of Application - Actual (2015)
8.1.2. By Location of Application - Forecast (2021)
9. Global Microbial Enhanced Oil Recovery Market: By Region
9.1 Global Microbial Enhanced Oil Recovery Market - By Region: Breakdown
9.1.1. By Region - Actual (2015)
9.1.2. By Region - Forecast (2021)
10. North America Microbial Enhanced Oil Recovery Market
10.1 North America MEOR Market Share, By Country(%) 2015 & 2021
10.2 North America Microbial Enhanced Oil Recovery Market - By Value (2011-2015)
10.3 North America Microbial Enhanced Oil Recovery Market - By Value (2016-2021)
10.4 North America Microbial Enhanced Oil Recovery Market - By Volume (2011-2015)
10.5 North America Microbial Enhanced Oil Recovery Market - By Volume (2016-2021)
10.6 North America Crude Oil Production & Proven Reserves 2011-2015
10.7 North America Natural Gas Production & Proven Reserves 2011-2015
10.8United States Microbial Enhanced Oil Recovery Market - By Value (2011-2015)
10.9 United States Microbial Enhanced Oil Recovery Market - By Value (2016-2021)
10.10 United States Microbial Enhanced Oil Recovery Market - By Volume (2011-2015)
10.11 United States Microbial Enhanced Oil Recovery Market - By Volume (2016-2021)
10.12 United States Crude Oil Production & Proven Reserves 2011-2015
10.13 United States Natural Gas Production & Proven Reserves 2011-2015
10.14 Canada Microbial Enhanced Oil Recovery Market - By Value (2011-2015)
10.15 Canada Microbial Enhanced Oil Recovery Market - By Value (2016-2021)
10.16 Canada Microbial Enhanced Oil Recovery Market - By Volume (2011-2015)
10.17 Canada Microbial Enhanced Oil Recovery Market - By Volume (2016-2021)
10.18 Canada Crude Oil Production & Proven Reserves 2011-2015
10.19 Canada Natural Gas Production & Proven Reserves 2011-2015
11. South & Central America Microbial Enhanced Oil Recovery Market
11.1 South & Central America MEOR Market Share, By Country(%) 2015 & 2021
11.2 South & Central America Microbial Enhanced Oil Recovery Market - By Value (2011-2015)
11.3 South & Central America Microbial Enhanced Oil Recovery Market - By Value (2016-2021)
11.4 South & Central America Microbial Enhanced Oil Recovery Market - By Volume (2011-2015)
11.5 South & Central America Microbial Enhanced Oil Recovery Market - By Volume (2016-2021)
11.6 South & Central America Crude Oil Production & Proven Reserves 2011-2015
11.7 South & Central America Natural Gas Production & Proven Reserves 2011-2015
11.8 Venezuela Microbial Enhanced Oil Recovery Market - By Value (2011-2015)
11.9 Venezuela Microbial Enhanced Oil Recovery Market - By Value (2016-2021)
11.1 Venezuela Microbial Enhanced Oil Recovery Market - By Volume (2011-2015)
11.11 Venezuela Microbial Enhanced Oil Recovery Market - By Volume (2016-2021)
11.12 Venezuela Crude Oil Production & Proven Reserves 2011-2015
11.13 Venezuela Natural Gas Production & Proven Reserves 2011-2015
11.14 Mexico Microbial Enhanced Oil Recovery Market - By Value (2011-2015)
11.15 Mexico Microbial Enhanced Oil Recovery Market - By Value (2016-2021)
11.16 Mexico Microbial Enhanced Oil Recovery Market - By Volume (2011-2015)
11.17 Mexico Microbial Enhanced Oil Recovery Market - By Volume (2016-2021)
11.18 Mexico Crude Oil Production & Proven Reserves 2011-2015
11.19 Mexico Natural Gas Production & Proven Reserves 2011-2015
12. Middle East & Africa Microbial Enhanced Oil Recovery Market
12.1 Middle East & Africa MEOR Market Share, By Country(%) 2015 & 2021
12.2 Middle East & Africa Microbial Enhanced Oil Recovery Market - By Value (2011-2015)
12.3 Middle East & Africa Microbial Enhanced Oil Recovery Market - By Value (2016-2021)
12.4 Middle East & Africa Microbial Enhanced Oil Recovery Market - By Volume (2011-2015)
12.5 Middle East & Africa Microbial Enhanced Oil Recovery Market - By Volume (2016-2021)
12.6 Middle East Crude Oil Production & Proven Reserves 2011-2015
12.7 Middle East Natural Gas Production & Proven Reserves 2011-2015
12.8 Africa Crude Oil Production & Proven Reserves 2011-2015
12.9 Africa Natural Gas Production & Proven Reserves 2011-2015
12.1 Oman Microbial Enhanced Oil Recovery Market - By Value (2011-2015)
12.11 Oman Microbial Enhanced Oil Recovery Market - By Value (2016-2021)
12.12 Oman Microbial Enhanced Oil Recovery Market - By Volume (2011-2015)
12.13 Oman Microbial Enhanced Oil Recovery Market - By Volume (2016-2021)
12.14 Oman Crude Oil Production & Proven Reserves 2011-2015
12.15 Oman Natural Gas Production & Proven Reserves 2011-2015
12.16 Kuwait Microbial Enhanced Oil Recovery Market - By Value (2011-2015)
12.17 Kuwait Microbial Enhanced Oil Recovery Market - By Value (2016-2021)
12.18 Kuwait Microbial Enhanced Oil Recovery Market - By Volume (2011-2015)
12.19 Kuwait Microbial Enhanced Oil Recovery Market - By Volume (2016-2021)
12.2 Kuwait Crude Oil Production & Proven Reserves 2011-2015
12.21 Kuwait Natural Gas Production & Proven Reserves 2011-2015
12.22 Saudi Arabia Microbial Enhanced Oil Recovery Market - By Value (2011-2015)
12.23 Saudi Arabia Microbial Enhanced Oil Recovery Market - By Value (2016-2021)
12.24 Saudi Arabia Microbial Enhanced Oil Recovery Market - By Volume (2011-2015)
12.25 Saudi Arabia Microbial Enhanced Oil Recovery Market - By Volume (2016-2021)
12.26 Saudi Arabia Crude Oil Production & Proven Reserves 2011-2015
12.27 Saudi Arabia Natural Gas Production & Proven Reserves 2011-2015
12.28 Angola Microbial Enhanced Oil Recovery Market - By Value (2011-2015)
12.29 Angola Microbial Enhanced Oil Recovery Market - By Value (2016-2021)
12.30 Angola Microbial Enhanced Oil Recovery Market - By Volume (2011-2015)
12.31 Angola Microbial Enhanced Oil Recovery Market - By Volume (2016-2021)
12.32 Angola Crude Oil Production & Proven Reserves 2011-2015
13. Europe Microbial Enhanced Oil Recovery Market
13.1 Europe MEOR Market Share, By Country(%) 2015 & 2021
13.2 Europe Microbial Enhanced Oil Recovery Market - By Value (2011-2015)
13.3 Europe Microbial Enhanced Oil Recovery Market - By Value (2016-2021)
13.4 Europe Microbial Enhanced Oil Recovery Market - By Volume (2011-2015)
13.5 Europe Microbial Enhanced Oil Recovery Market - By Volume (2016-2021)
13.6 Europe Crude Oil Production & Proven Reserves 2011-2015
13.7 Europe Natural Gas Production & Proven Reserves 2011-2015
13.8 Russia Microbial Enhanced Oil Recovery Market - By Value (2011-2015)
13.9 Russia Microbial Enhanced Oil Recovery Market - By Value (2016-2021)
13.10 Russia Microbial Enhanced Oil Recovery Market - By Volume (2011-2015)
13.11 Russia Microbial Enhanced Oil Recovery Market - By Volume (2016-2021)
13.12 Russia Crude Oil Production & Proven Reserves 2011-2015
13.13 Russia Natural Gas Production & Proven Reserves 2011-2015
14. Asia Pacific Microbial Enhanced Oil Recovery Market
14.1 Asia Pacific MEOR Market Share, By Country(%) 2015 & 2021
14.2 Asia Pacific Microbial Enhanced Oil Recovery Market - By Value (2011-2015)
14.3 Asia Pacific Microbial Enhanced Oil Recovery Market - By Value (2016-2021)
14.4 Asia Pacific Microbial Enhanced Oil Recovery Market - By Volume (2011-2015)
14.5 Asia Pacific Microbial Enhanced Oil Recovery Market - By Volume (2016-2021)
14.6 Asia Pacific Crude Oil Production & Proven Reserves 2011-2015
14.7 Asia Pacific Natural Gas Production & Proven Reserves 2011-2015
14.8 China Microbial Enhanced Oil Recovery Market - By Value (2011-2015)
14.9 China Microbial Enhanced Oil Recovery Market - By Value (2016-2021)
14.1 China Microbial Enhanced Oil Recovery Market - By Volume (2011-2015)
14.11 China Microbial Enhanced Oil Recovery Market - By Volume (2016-2021)
14.12 China Crude Oil Production & Proven Reserves 2011-2015
14.26 China Natural Gas Production & Proven Reserves 2011-2015
14.27 Australia Microbial Enhanced Oil Recovery Market - By Value (2011-2015)
14.28 Australia Microbial Enhanced Oil Recovery Market - By Value (2016-2021)
14.29 Australia Microbial Enhanced Oil Recovery Market - By Volume (2011-2015)
14.3 Australia Microbial Enhanced Oil Recovery Market - By Volume (2016-2021)
14.31 Australia Crude Oil Production & Proven Reserves 2011-2015
14.32 Australia Natural Gas Production & Proven Reserves 2011-2015
15. Market Dynamics
15.1 Market Drivers
15.2 Challenges
15.3 Market Trends
16. SWOT Analysis Microbial Enhanced Oil Recovery Market
17. Porters Five Forces Analysis Microbial Enhanced Oil Recovery Market
18. Policy & Regulatory Landscape
19. Company Profiling
19.1 StatOil
19.2 Royal Dutch Shell plc.
19.3 BP p.l.c
19.4 ConocoPhillips
19.5 DuPont
19.6 Titan oil recovery Inc.
19.7 Glori Energy Inc.
19.8 Gulf energy LLC
19.9 Genome Prairie
19.1 Chemiphase
Research Methodology
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analysing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.