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R&D to develop microbes suiting varying environmental conditions is expected to result in Asia Pacific
exhibiting an inclination towards utilizing the technique. Although contributing to 7.4% of the global
microbial enhanced oil recovery market share in 2016, the region is expected to witness the fastest
growth over the next few years.
The maximum level of activity of microbes in onshore fields has resulted in the segment contributing to
the highest revenue share in 2016. The focus of companies on developing microbes for offshore
oilfields is expected to lead to opening new opportunities for the growth of the market over the
projected period. Companies such as Statoil are focusing on developing solutions for offshore oilfields.
The successful trial of their products is expected to result in them gaining a monopolistic lead in the
MEOR market.
Hexa Research has segmented the global global microbial enhanced oil recovery (MEOR) market based
on Application, Injection Method, and region:
Segmentation By Application, 2014 - 2024 (USD Million)
• Onshore
• Offshore
Segmentation by Injection Method, 2014 - 2024 (USD Million)
• Cyclic Microbial Recovery
• Microbial Flooding Recovery
• Microbial Selective Plugging
Segmentation by Region, 2014 - 2024 (USD Million)
• North America
• U.S.
• Canada
• Asia Pacific
• China
• India
• Europe
• Romania
• Poland
• Norway
• Middle East & Africa
• Oman
• Saudi Arabia
• Central & South America
• Ecuador
• Peru
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