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Drag Reduction Agent Market Overview with Qualitative analysis, Competitive landscape 2026
Posted: Jan 09, 2020
Global Drag Reduction Agent Market Overview
The Global Drag Reduction Agent Market report draws accurate insights by examining the latest and prospective industry trends, helping the readers recognize the products and services that are boosting revenue growth and profitability. The study performs a detailed analysis of all the significant factors impacting the market on a global and regional scale, including drivers, constraints, threats, challenges, prospects, and industry-specific trends. Additionally, the report cites worldwide certainties and endorsements, along with a downstream and upstream evaluation of leading participants.
Market Size – USD 930.4 Million in 2018, Market Growth - CAGR of 10.2% in the year 2026, Market Trends – Growth in Oil & gas, chemical and agricultural industry and the introduction of DRA’s to the medical field.
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The Drag Reduction Agent market analysis is intended to provide all participants and vendors with pertinent specifics about growth aspects, roadblocks, threats, and lucrative business opportunities that the market is anticipated to reveal in the coming years. This intelligence study also encompasses the revenue share, market size, production capacity, and rate of consumption to draw insights pertaining to the rivalry to gain control of a large portion of the market share.
Leading Players in the Drag Reduction Agent Market: Baker Hughes, Partow Ideh Pars., LiquidPower Specialty Products Inc., Oil Flux Americas, NuGenTec, Innospec, Lubrizol Specialty Products Inc., Sino Oil King Shine Chemical, Flowchem, National Petroleum Corporation, and The Zoranoc Oilfield Chemical
Competitive landscape
The Drag Reduction Agent Industry is extremely competitive and consolidated because of the existence of several established companies that are adopting different marketing strategies in order to increase their market share. The vendors engaged in the sector are outlined based on price, quality, brand, product differentiation, and product portfolio. The vendors are gradually expanding their focus on product personalization by way of customer interaction.
Drag Reduction Agent Market segment by Regions/Countries: United States, Europe, China, Japan, Southeast Asia, India, Central & South America.
For this report, Reports and Data have segmented the Drag Reduction Agent market based on ingredient, product type, application, end-use, and region:
Product Type (Revenue USD Million; Volume in Tons, 2016-2026)
- High Viscosity Glue
- Low Viscosity Glue
- Rubber Latex
Application Outlook (Revenue USD Million; Volume in Tons, 2016-2026)
- Crude Oil
- Irrigation
- Blood Treatment
- Chemical Transportation
- Other Application
Points Covered in The Report:
A. The pivotal aspects considered in the Global Drag Reduction Agent Market report consist of the leading competitors functioning in the global sector.
B. The report also encompasses company profiles prominently positioned in the global market.
C. The production, sales, corporate strategies, and the technological capabilities of leading manufacturers are also contained within the report.
D. The driving factors for the growth of the Global Drag Reduction Agent Market are explained exhaustively, along with an in-depth account of the end-users in the industry.
E. The report also explains critical application areas of the global sector, curating an accurate description of the market to the readers/users.
F. The report undertakes a SWOT analysis of the market. In the final section, the report features the opinions and views of the industry experts and professionals. The experts also evaluate the export/import policies that might be propelling the growth of the Global Drag Reduction Agent Market.
G. The report on the Global Drag Reduction Agent Market delivers valuable information for policymakers, investors, stakeholders, service providers, producers, suppliers, and organizations operating in the industry and looking to purchase this research document.
Reasons for Buying Drag Reduction Agent Market Report:
A. The report performs an analysis of the dynamic competitive landscape that can help the reader/client move ahead in the global sector.
B. It also presents an in-depth view of the different factors driving or restraining the growth of the global market.
C. The Global Drag Reduction Agent Market report provides an eight-year forecast derived on the basis of the potential growth of the market.
D. It helps formulate profitable business decisions by offering thorough insights into the global market and by creating a comprehensive analysis of pivotal market segments and sub-segments.
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Senior Research analyst at reports and data