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Drag Reducing Agent for Oil & Gas Market Growth 2019-2024

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romit kumar
Drag Reducing Agent for Oil & Gas Market Growth 2019-2024

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 this study, over the next five years the Drag Reducing Agent for Oil & Gas market will register a 10.2% CAGR in terms of revenue, the global market size will reach US$ 1298.4 million by 2024, from US$ 798.3 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Drag Reducing Agent for Oil & Gas business, shared in Chapter 3.

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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.

This study considers the Drag Reducing Agent for Oil & Gas value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

  • High Viscosity Glue
  • Low Viscosity Glue
  • Rubber Latex

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

  • Gas Transportation
  • Oil Transportation

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

  • Americas
  • United States
  • Canada
  • Mexico
  • Brazil

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

The key manufacturers covered in this report: Breakdown data in in Chapter 3.

  • 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

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

  • To study and analyze the global Drag Reducing Agent for Oil & Gas consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
  • To understand the structure of Drag Reducing Agent for Oil & Gas market by identifying its various subsegments.
  • Focuses on the key global Drag Reducing Agent for Oil & Gas manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the Drag Reducing Agent for Oil & Gas with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • To project the consumption of Drag Reducing Agent for Oil & Gas submarkets, with respect to key regions (along with their respective key countries).
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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Table of content

2019–2024 Global Drag Reducing Agent for Oil & Gas Consumption Market Report

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Drag Reducing Agent for Oil & Gas Consumption 2014–2024
2.1.2 Drag Reducing Agent for Oil & Gas Consumption CAGR by Region
2.2 Drag Reducing Agent for Oil & Gas Segment by Type
2.2.1 High Viscosity Glue
2.2.2 Low Viscosity Glue
2.2.3 Rubber Latex
2.3 Drag Reducing Agent for Oil & Gas Consumption by Type
2.3.1 Global Drag Reducing Agent for Oil & Gas Consumption Market Share by Type (2014–2019)
2.3.2 Global Drag Reducing Agent for Oil & Gas Revenue and Market Share by Type (2014–2019)
2.3.3 Global Drag Reducing Agent for Oil & Gas Sale Price by Type (2014–2019)
2.4 Drag Reducing Agent for Oil & Gas Segment by Application
2.4.1 Gas Transportation
2.4.2 Oil Transportation
2.5 Drag Reducing Agent for Oil & Gas Consumption by Application
2.5.1 Global Drag Reducing Agent for Oil & Gas Consumption Market Share by Application (2014–2019)
2.5.2 Global Drag Reducing Agent for Oil & Gas Value and Market Share by Application (2014–2019)

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