Viscosity Reducing Agents market Growing At A Cagr Of 7.32% From 2021-2026 | Halliburton, NuGenTec, Flowlift, NALCO, Flow-Chem Technologies LLC.

Viscosity reducing agents are used for limiting or eliminating the viscosity in process where excess viscosity may cause product or monetary losses. Reduced viscosity results in lower friction which in turn eases the flow of liquid thus leading to lower requirement in power. Viscosity reducing agent enhances fluid load recovery and reduces damage created by long chain polymers. Viscosity reducing agents offer various benefits such as improvement in productivity and load recovery, lower friction reducing polymer damage, resistance to polymer adsorption to the fracture face and reduction in fluid viscosity.

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Viscosity Reducing Agents Market Taxonomy

On the basis of product type, the global market is classified into:

Dispersants
Surfactants
Polymers

On the basis of end use industry, the global market is classified into:

Construction
Oil & Gas
Polymer
Chemicals
Food & Beverages

Heavy oils' viscosity is reduced with viscosity lowering chemicals, which suspend the oil droplets in water, reducing friction. Dispersants aid in the deflocculation of solids, lowering the viscosity of a fluid or semi-solid. As a result, the solid loading — the amount of dispersible crushed material – increases. Surfactants are used to reduce the viscosity of sugar propellant formulations in the form of a solution in water or alcohols. Foam creation agents for culinary foams, body care, buoyancy, and firefighting, as well as foam prevention agents for cooling lubricants, printing and coating, industrial cleaning, and liquid conveying, are all employed with viscosity reduction agents.

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Asia Pacific and North America are expected to be the most potential markets for plastic additives manufacturers. According to IBEF, India is the seventh largest producer of chemicals in the world worldwide and third largest producer in Asia. The Indian chemicals sector was valued at US$ 139 billion in 2016 In 2015-2016 the total production of the major chemicals including petrochemicals was 23.9 million tons. The Indian chemicals industry has attracted various foreign investors such as Akzo Nobel, BASF, ADEKA, Mitsubishi Chemicals Corporation, Syngenta, DuPont, Henkel, Croda, Wacker Metroark, DyStar, and Rhodla. India Brand Equity Foundation (IBEF) is a Trust established by the Ministry of Commerce and Industry, Department of Commerce in collaboration with the Government of India with the purpose of promoting and creating international awareness of goods manufactured in India.

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