Drag Reducing Agent – Market Growth, Trends, Forecast and COVID-19 Impacts (2014 - 2026)

Drag Reducing Agent – Market Growth, Trends, Forecast and COVID-19 Impacts (2014 - 2026)

According to the latest market research report “Drag Reducing Agent – Market Growth, Trends, Forecast and COVID-19 Impacts (2014 - 2026)” released by Global Market Monitor, the global market for drag reducing agents is expected to grow at a CAGR of approximately 8.57% in the next five years, and it will grow from $900 million in 2019 to $1.6 billion by 2026.

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.

Due to the growth of petrochemicals, energy production, and end-use industries such as oil and natural gas, the demand for crude oil continues to increase, which drives the development of the drag reducing agents market. Drag reducing agents are used to improve crude oil productivity, and the flow capacity increases its demand in crude oil extraction, transportation and refining. The growth of hydraulic fracturing may increase the demand for drag reducing agents.

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The Major Players Profiled in This Report Include:
LSPI
Flowchem
Baker Hughes
Innospec
Oil Flux Americas
NuGenTec
Sino Oil King Shine Chemical
DESHI
Qflo
Superchem Technology
The Zoranoc Oilfield Chemical
CNPC

Type Outlook (Revenue, USD Million; 2014-2026):
Polymers
Suspensions
Surfactants
Biomaterials

Application Outlook (Revenue, USD Million; 2014-2026):
Oil & Gas Industry
Chemical Transportation
Others

To Identify the Key Trends in the Industry, Click on the Link Below:
https://www.globalmarketmonitor.com/reports/590524-drag-reducing-agent-market-report.html

Get Complete Table of Content Immediately
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Drag Reducing Agent Report Table of Content:
Chapter 1 Report Overview
Chapter 2 Market Trends and Competitive Landscape
Chapter 3 Segmentation of Drag Reducing Agent Market by Types
Chapter 4 Segmentation of Drag Reducing Agent Market by End-Users
Chapter 5 Market Analysis by Major Regions
Chapter 6 Product Commodity of Drag Reducing Agent Market in Major Countries
Chapter 7 North America Drag Reducing Agent Landscape Analysis
Chapter 8 Europe Drag Reducing Agent Landscape Analysis
Chapter 9 Asia Pacific Drag Reducing Agent Landscape Analysis
Chapter 10 Latin America, Middle East & Africa Drag Reducing Agent Landscape Analysis
Chapter 11 Major Players Profile
11.1 LSPI

11.1.1 LSPI Company Profile and Recent Development

11.1.2 Market Performance

11.1.3 Product and Service Introduction

11.2 Flowchem

11.2.1 Flowchem Profile and Recent Development

11.2.2 Market Performance

11.2.3 Product and Service Introduction

11.3 Baker Hughes

11.3.1 Baker Hughes Company Profile and Recent Development

11.3.2 Market Performance

11.3.3 Product and Service Introduction
…
Chapter 12 Data Source and Research Methodology
The List of Tables and Figures

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Key Questions Answered in This Report:
Which Trends Are Causing These Developments?
Who Are the Global Key Players in Drag Reducing Agent Market? What' s Their Company Profile, Their Product Information, Contact Information?
What Was Global Market Status of Drag Reducing Agent Market? What Was Capacity, Production Value, Cost, and PROFIT of Drag Reducing Agent Market?
What’s Market Analysis of Drag Reducing Agent Market by Taking Applications and Types in Consideration?
What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply, and Consumption? What About Import and Export?
What Is Drag Reducing Agent Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
What Is Economic Impact on Drag Reducing Agent Market? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?

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