The new Drag Reducing Agent Market Report, offering growth, trends, and forecast for each segment along with regional and country analysis. The study has done with respect to market share, size, trend, growth, outlook, estimation and forecast period 2019-2025.
The report also covers detailed competitive landscape
including company profiles of key players operating in the global market. The
key players in the drag reducing agent market include Baker Hughes, CNPC,
DESHI, Flowchem, Innospec, LiquidPower Specialty Products, NuGenTec, Oil Flux
Americas, Qflo, Sino Oil King Shine Chemical, Superchem Technology and The
Zoranoc Oilfield Chemical among others. An in-depth view of the competitive
outlook includes future capacities, key mergers & acquisitions, financial
overview, partnerships, collaborations, new product launches, new product
developments and other developments with information in terms of H.Q.
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Market Dynamics
Rising demand for crude oil owing to increasing end-use
industries such as petrochemicals, energy generation, and oil & gas has
driven the drag reducing agent market. Drag reducing agent is used to improve
crude oil productivity and flow capacity has increased its demand in crude oil
extracting, transportation and refining. Growth in hydraulics fracturing is
likely to boost the drag reducing agent demand. However, Environmental concerns
and fluctuating crude oil prices are expected to hinder the market growth.
Nevertheless, favorable policies by oil-producing countries regarding the use
of bio-based drag reducers are presumed to foster the market growth.
This detailed market study is centered on the data obtained
from multiple sources and is analyzed using numerous tools including porter’s
five forces analysis, market attractiveness analysis and value chain analysis.
These tools are employed to gain insights of the potential value of the market
facilitating the business strategists with the latest growth opportunities.
Additionally, these tools also provide a detailed analysis of each
application/product segment in the global market of drag reducing agent.
Browse Global Drag
Reducing Agent Market Research Report with detailed TOC at https://www.valuemarketresearch.com/report/drag-reducing-agent-market
Market Segmentation
The broad drag reducing agent market has been sub-grouped
into product and application. The report studies these subsets with respect to
the geographical segmentation. The strategists can gain a detailed insight and
devise appropriate strategies to target specific market. This detail will lead
to a focused approach leading to identification of better opportunities.
By Product
·
High Viscosity Glue
·
Low Viscosity Glue
·
Rubber Latex
By Application
·
Oil & Gas
·
Chemical Transportation
·
Others
Regional Analysis
Furthermore, the report comprises of the geographical
segmentation, which mainly focuses on current and forecast demand for drag
reducing agent in North America, Europe, Asia Pacific, Latin America, and
Middle East & Africa. The report further focuses on demand for individual
application segments in all the regions.
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