Global Microbial Enhanced Oil Recovery Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Mechanism;

In-Situ and Ex-Situ

By Type of Microorganisms;

Bacteria, Fungi, and Algae.

By Application;

Onshore and Offshore.

By End User;

Oil Gas Companies, Research Institutions, and Environmental Agencies.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn034902551 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Microbial Enhanced Oil Recovery Market (USD Million), 2021 - 2031

In the year 2024, the Global Microbial Enhanced Oil Recovery Market was valued at USD 99.84 million. The size of this market is expected to increase to USD 154.13 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.4%.

The Global Microbial Enhanced Oil Recovery (MEOR) Market has witnessed substantial growth in recent years, driven by the increasing demand for energy and the need to optimize oil recovery from existing reservoirs. MEOR involves the use of microorganisms to improve the recovery of oil from mature or depleted reservoirs, making it an attractive solution for oil companies looking to maximize production. The market has seen significant advancements in microbial technology and reservoir engineering, leading to the development of more effective MEOR techniques.

One of the key drivers of the Global Microbial Enhanced Oil Recovery Market is the declining production from conventional oil reserves, coupled with the rising demand for oil worldwide. MEOR offers an environmentally friendly and cost-effective solution to enhance oil recovery from existing reservoirs, thereby extending the life of mature oil fields. Additionally, increasing investments in research and development activities, along with supportive government regulations, are further fueling the growth of the MEOR market globally.

North America currently dominates the Global Microbial Enhanced Oil Recovery Market, owing to the presence of mature oil fields, technological advancements, and favorable government initiatives. However, regions such as Europe, Asia Pacific, and the Middle East are also witnessing significant growth in the adoption of MEOR techniques. With ongoing advancements in microbial technology and increasing focus on sustainable energy solutions, the MEOR market is poised for further expansion in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Mechasim
    2. Market Snapshot, By Type of Microorganisms
    3. Market Snapshot, By Application
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Global Microbial Enhanced Oil Recovery Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Cost-effectiveness
        2. Government regulations and incentives
        3. Enhanced oil production
        4. Reservoir aging
        5. Improved microbial technology
      2. Restraints
        1. Limited research and development
        2. Resistance from traditional oil recovery methods
        3. Infrastructure limitations
        4. Geographical constraints
        5. Uncertainty in oil prices
      3. Opportunities
        1. Reservoir engineering
        2. Petroleum microbiology
        3. Biotechnology in oil recovery
        4. Sustainable EOR
        5. Carbon-neutral oil recovery
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Microbial Enhanced Oil Recovery Market, By Mechansim, 2021 - 2031 (USD Million)
      1. In-Situ
      2. Ex-Situ
    2. Global Microbial Enhanced Oil Recovery Market, By Type of Microorganisms, 2021 - 2031 (USD Million)
      1. Bacteria
      2. Fungi
      3. Algae
    3. Global Microbial Enhanced Oil Recovery Market, By Application, 2021 - 2031 (USD Million)
      1. Onshore
      2. Offshore
    4. Global Microbial Enhanced Oil Recovery Market, By End User, 2021 - 2031 (USD Million)
      1. Oil Gas Companies
      2. Research Institutions
      3. Environmental Agencies
    5. Global Microbial Enhanced Oil Recovery Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Glori Energy Inc.
      2. Titan Oil Recovery Inc.
      3. Chemiphase Ltd.
      4. Genome Prairie
      5. RAM Biochemicals
  7. Analyst Views
  8. Future Outlook of the Market