Global Drag Reducing Agent for Oil & Gas Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Drag Reducing Agent for Oil & Gas Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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.

According to our (Global Info Research) latest study, the global Drag Reducing Agent for Oil & Gas market size was valued at US$ 1264 million in 2023 and is forecast to a readjusted size of USD 2394 million by 2030 with a CAGR of 9.7% during review period.

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 is a detailed and comprehensive analysis for global Drag Reducing Agent for Oil & Gas market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Drag Reducing Agent for Oil & Gas market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Drag Reducing Agent for Oil & Gas market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Drag Reducing Agent for Oil & Gas market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Drag Reducing Agent for Oil & Gas market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Drag Reducing Agent for Oil & Gas

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Drag Reducing Agent for Oil & Gas market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include LiquidPower Specialty Products, Flowchem, GE(Baker Hughes), Innospec, Oil Flux Americas, NuGenTec, Sino Oil King Shine Chemical, DESHI, Qflo, Superchem Technology, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Drag Reducing Agent for Oil & Gas market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
High Viscosity Glue
Low Viscosity Glue
Rubber Latex

Market segment by Application
Gas Transportation
Oil Transportation

Major players covered
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

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Drag Reducing Agent for Oil & Gas product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Drag Reducing Agent for Oil & Gas, with price, sales quantity, revenue, and global market share of Drag Reducing Agent for Oil & Gas from 2019 to 2024.

Chapter 3, the Drag Reducing Agent for Oil & Gas competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Drag Reducing Agent for Oil & Gas breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Drag Reducing Agent for Oil & Gas market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Drag Reducing Agent for Oil & Gas.

Chapter 14 and 15, to describe Drag Reducing Agent for Oil & Gas sales channel, distributors, customers, research findings and conclusion.