Global Drag Reducing Additives (DRA) Market Growth 2023-2029

Global Drag Reducing Additives (DRA) Market Growth 2023-2029

Drag-reducing additives (DRA), or drag-reducing polymers (DRP's), are additives in pipelines that reduce turbulence in a pipe. Usually used in petroleum pipelines, they increase the pipeline capacity by reducing turbulency and increasing laminar flow.
LPI (LP Information)' newest research report, the “Drag Reducing Additives (DRA) Industry Forecast” looks at past sales and reviews total world Drag Reducing Additives (DRA) sales in 2022, providing a comprehensive analysis by region and market sector of projected Drag Reducing Additives (DRA) sales for 2023 through 2029. With Drag Reducing Additives (DRA) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Drag Reducing Additives (DRA) industry.
This Insight Report provides a comprehensive analysis of the global Drag Reducing Additives (DRA) 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 Additives (DRA) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Drag Reducing Additives (DRA) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Drag Reducing Additives (DRA) 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 Additives (DRA).
The global Drag Reducing Additives (DRA) market size is projected to grow from US$ 727.4 million in 2022 to US$ 940.3 million in 2029; it is expected to grow at a CAGR of 940.3 from 2023 to 2029.
Global Drag Reducing Additives (DRA) key players include LiquidPower Specialty Products, Flowchem, Baker Hughes, Innospec, Sino Oil King Shine Chemical, etc. Global top three players hold a share about 50%. The Drag Reducing Additives (DRA) are mainly produced in China and North America, these regions are dominating the global market, hold a market share about 90 percent.
This report presents a comprehensive overview, market shares, and growth opportunities of Drag Reducing Additives (DRA) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Water-Soluble Drag Reducing Additives
Oil-Soluble Drag Reducing Additives
Segmentation by application
Crude Oil pipeline
Finished Fuels pipeline
Chemical
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
LiquidPower Specialty Products
Flowchem
Baker Hughes
Innospec
Oil Flux Americas
NuGenTec
Sino Oil King Shine Chemical
DESHI
Qflo
Superchem Technology
The Zoranoc Oilfield Chemical
CNPC
Key Questions Addressed in this Report
What is the 10-year outlook for the global Drag Reducing Additives (DRA) market?
What factors are driving Drag Reducing Additives (DRA) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Drag Reducing Additives (DRA) market opportunities vary by end market size?
How does Drag Reducing Additives (DRA) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.