Press release
Global Drag Reducing Agent for Oil & Gas Market to Witness a Pronounce Growth During 2023
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.LPI (LP Information)' newest research report, the "Drag Reducing Agent for Oil & Gas Industry Forecast" looks at past sales and reviews total world Drag Reducing Agent for Oil & Gas sales in 2022, providing a comprehensive analysis by region and market sector of projected Drag Reducing Agent for Oil & Gas sales for 2023 through 2029. With Drag Reducing Agent for Oil & Gas sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Drag Reducing Agent for Oil & Gas industry.
This Insight Report provides a comprehensive analysis of the global Drag Reducing Agent for Oil & Gas landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Drag Reducing Agent for Oil & Gas portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Drag Reducing Agent for Oil & Gas market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Drag Reducing Agent for Oil & Gas and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Drag Reducing Agent for Oil & Gas.
The global Drag Reducing Agent for Oil & Gas market size is projected to grow from US$ 1084.9 million in 2022 to US$ 2150.7 million in 2029; it is expected to grow at a CAGR of 2150.7 from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Drag Reducing Agent for Oil & Gas market by product type, application, key manufacturers and key regions and countries.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Drag Reducing Agent for Oil & Gas market?
What factors are driving Drag Reducing Agent for Oil & Gas market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Drag Reducing Agent for Oil & Gas market opportunities vary by end market size?
How does Drag Reducing Agent for Oil & Gas break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Request Sample Report and Full Report TOC:
https://www.lpinformationdata.com/reports/455294/drag-reducing-agent-for-oil-gas-2029
Strategic Points Covered in TOC:
Chapter 1: Scope of Drag Reducing Agent for Oil & Gas, Research Methodology, etc.
Chapter 2: Executive Summary, global Drag Reducing Agent for Oil & Gas market size (sales and revenue) and CAGR, Drag Reducing Agent for Oil & Gas market size by region, by type, by application, historical data from 2017 to 2023, and forecast to 2029.
Chapter 3: Drag Reducing Agent for Oil & Gas sales, revenue, average price, global market share, and industry ranking by company, 2017-2023
Chapter 4: Global Drag Reducing Agent for Oil & Gas sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by type, and type.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global Drag Reducing Agent for Oil & Gas market size forecast by region, by country, by type, and application.
Chapter 13: the key raw materials and key suppliers, and industry chain of Drag Reducing Agent for Oil & Gas.
Chapter 14: Research Findings and Conclusion
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