The global Drag Reducing Agent for Oil & Gas market was valued at US$ 1141.1 million in 2022 and is projected to reach US$ 2150.4 million by 2029, at a CAGR of 9.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Drag reducers, also known as drag reducing agents (DRA) and flow improvers, are any material that reduces frictional pressure loss during fluid flow in a conduit or pipeline. Pressure loss reduction is achieved by reducing the level of turbulent motion in the flow. Using DRA allows increased flow using the same amount of energy or decreased pressure drop for the same flow rate of fluid in pipelines.
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This report aims to provide a comprehensive presentation of the global market for Drag Reducing Agent for Oil & Gas, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Drag Reducing Agent for Oil & Gas. This report contains market size and forecasts of Drag Reducing Agent for Oil & Gas in global, including the following market information:
Global Drag Reducing Agent for Oil & Gas Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Drag Reducing Agent for Oil & Gas Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Drag Reducing Agent for Oil & Gas companies in 2022 (%)
Global Drag Reducing Agent for Oil & Gas key players include LiquidPower Specialty Products, Flowchem, GE(Baker Hughes), Innospec, Oil Flux Americas, etc.
North America is the largest market, with a share over 40%, followed by Europe and Asia-Pacific, both have a share over 35 percent.
In terms of product, Low Viscosity Glue is the largest segment, with a share about 60%. And in terms of application, the largest application is Gas Transportation, followed by Oil Transportation.
We surveyed the Drag Reducing Agent for Oil & Gas manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Drag Reducing Agent for Oil & Gas Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Drag Reducing Agent for Oil & Gas Market Segment Percentages, by Type, 2022 (%)
High Viscosity Glue
Low Viscosity Glue
Rubber Latex
Global Drag Reducing Agent for Oil & Gas Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Drag Reducing Agent for Oil & Gas Market Segment Percentages, by Application, 2022 (%)
Gas Transportation
Oil Transportation
Global Drag Reducing Agent for Oil & Gas Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Drag Reducing Agent for Oil & Gas Market Segment Percentages, By Region and Country, 2022 (%)
North America (United States, Canada, Mexico)
Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
The Middle East and Africa (Middle East, Africa)
South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Drag Reducing Agent for Oil & Gas revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Drag Reducing Agent for Oil & Gas revenues share in global market, 2022 (%)
Key companies Drag Reducing Agent for Oil & Gas sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Drag Reducing Agent for Oil & Gas sales share in global market, 2022 (%)
key players include:
LiquidPower Specialty Products
Flowchem
GE(Baker Hughes)
Innospec
Oil Flux Americas
NuGenTec
Sino Oil King Shine Chemical
DESHI
Qflo
Superchem Technology
The Zoranoc Oilfield Chemical
CNPC
Outline of Major Chapters:
Chapter 1: Introduces the definition of Drag Reducing Agent for Oil & Gas, market overview.
Chapter 2: Global Drag Reducing Agent for Oil & Gas market size in revenue and volume.
Chapter 3: Detailed analysis of Drag Reducing Agent for Oil & Gas manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Drag Reducing Agent for Oil & Gas in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Drag Reducing Agent for Oil & Gas capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
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Table of content
1 Introduction to Research & Analysis Reports 1.1 Drag Reducing Agent for Oil & Gas Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Drag Reducing Agent for Oil & Gas Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Drag Reducing Agent for Oil & Gas Overall Market Size 2.1 Global Drag Reducing Agent for Oil & Gas Market Size: 2022 VS 2029 2.2 Global Drag Reducing Agent for Oil & Gas Revenue, Prospects & Forecasts: 2018-2029 2.3 Global Drag Reducing Agent for Oil & Gas Sales: 2018-2029 3 Company Landscape 3.1 Top Drag Reducing Agent for Oil & Gas Players in Global Market 3.2 Top Global Drag Reducing Agent for Oil & Gas Companies Ranked by Revenue 3.3 Global Drag Reducing Agent for Oil & Gas Revenue by Companies 3.4 Global Drag Reducing Agent for Oil & Gas Sales by Companies 3.5 Global Drag Reducing Agent for Oil & Gas Price by Manufacturer (2018-2023) 3.6 Top 3 and Top 5 Drag Reducing Agent for Oil & Gas Companies in Global Market, by Revenue in 2022 3.7 Global Manufacturers Drag Reducing Agent for Oil & Gas Product Type 3.8 Tier 1, Tier 2 and Tier 3 Drag Reducing Agent for Oil & Gas Players in Global Market 3.8.1 List of Global Tie
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