NEW YORK, June 18, 2018 /PRNewswire/ -- About Microbial Enhanced Oil Recovery
Microbial enhanced oil recovery is a tertiary oil recovery process that involves the use of microorganisms and their metabolites to reduce the residual oil saturation of reservoirs primarily through wettability alteration and interfacial tension (IFT) reduction.
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Technavio's analysts forecast the global microbial enhanced oil recovery market to grow at a CAGR of 7.14% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global microbial enhanced oil recovery market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Microbial Enhanced Oil Recovery Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• DowDuPont
• Environmental BioTechnologies
• RAM Biochemicals
• Synthetic Genomics
• Titan Oil Recovery
Market driver
• Advantages of microbial enhanced oil recovery
• For a full, detailed list, view our report
Market challenge
• Uncertainties associated with low crude oil prices
• For a full, detailed list, view our report
Market trend
• Rising investments in shale industry
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Read the full report: https://www.reportlinker.com/p05439266
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