Market research Future Microbial Enhanced Oil Recovery Market Facts. | Page 3

Microbial Enhanced Oil Recovery Markets Research Report- Forecast to 2022
2
Market Overview: -
Lower crude oil prices in recent years and the ever increasing global need for fuel is driving the market for
MEOR process. The North America and Europe region is expected to drive the MEOR market where
researchers have identified that the process is applicable to more than 50% of oil wells. Further, Middle
East and Africa region is expected to drive the market with increasing oil and gas recovery process from
the existing old production wells. In the Asia region, the increased energy consumption in China and India
are driving the market for MEOR process. These countries are the largest net importers of oil and gas for
their internal energy use which drives the need for increased fuel use. The market is expected to grow at a
rate of CAGR 20% during the forecast period of 2014 to 2022.
Intended Audience




Distributer & Supplier companies
End Users
Consultants and Investment bankers
Government as well as Independent Regulatory Authorities
Product Analysis

Product matrix which gives a detailed comparison of the market for different recycled product types
Page | 3
Copyright © 2018 Market Research Future.