Drag reducing agents are the high molecular weight substances which are added to pipeline in order to minimize turbulence and thereby enhance the efficiency and capacity of flow via pipeline. Friction or interaction between the flowing fluids is the main cause of turbulence. These agents are used to reduce interaction or friction between wall and fluid.
Drag reducing agents are the high molecular weight substances which are added to pipeline in order to minimize turbulence and thereby enhance the efficiency and capacity of flow via pipeline. Friction or interaction between the flowing fluids is the main cause of turbulence. These agents are used to reduce interaction or friction between wall and fluid. These agents are also called as drag reducers.
Increase in demand for drag reducing agent in petroleum industry and crude oil industry is the key driving factor which is expected to boost the global drag reducing agent market growth. Furthermore, increase in government initiatives and investments in research & development activities will have the positive impact on global drag reducing agent market growth. Moreover, rise in demand for light weight drag reducing agent which is expected to boost the global drag reducing agent market growth. Also, increase in focus on biomaterials will fuel the growth of global drag reducing agent market during this forecast period.
However, rise in environmental concerns and increases in competition are the major restraining factors which are expected to hamper the growth of global drag reducing agent market.
Global Drag Reducing Agent Market is segmented into product type such as Low Viscosity Glue, High Viscosity Glue, and Rubber Latex. Further, Global Drag Reducing Agent Market is segmented into application such as Chemical Transmission, Chemical Synthesis, and Others.
Also, Global Drag Reducing Agent Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as CNPC, The Zoranoc Oilfield Chemical, Superchem Technology, Qflo, DESHI, Sino Oil King Shine Chemical, NuGenTec, Oil Flux Americas, Innospec, Baker Hughes, and Flowchem
Low Viscosity Glue High Viscosity Glue Rubber Latex
By Application
Chemical Transmission Chemical Synthesis
By Region
North America Latin America Europe Asia Pacific Middle East & Africa
Key Questions Addressed by the Report
What are the Key Opportunities in Drag Reducing Agent Market?
What will be the growth rate from 2019 to 2030?
Which segment/region will have highest growth?
What are the factors that will impact/drive the Market?
What is the competitive Landscape in the Industry?
What is the role of key players in the value chain?
What are the strategies adopted by key players?
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Drag Reducing Agent Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Drag Reducing Agent Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Drag Reducing Agent Market Share Analysis, By Type
5.3 Global Drag Reducing Agent Market Size and Forecast, By Type
5.3.1 Low Viscosity Glue
5.3.2 High Viscosity Glue
5.3.3Rubber Latex
6 Global Drag Reducing Agent Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Drag Reducing Agent Market Share Analysis, By Application
6.3 Global Drag Reducing Agent Market Size and Forecast, By Application
6.3.1 Chemical Transmission
6.3.2 Chemical Synthesis
7Global Drag Reducing Agent Market, By Region
7.1 Global Drag Reducing Agent Market Share Analysis, By Region
7.2 Global Drag Reducing Agent Market Share Analysis, By Region
7.3 Global Drag Reducing Agent Market Size and Forecast, By Region
8North America Drag Reducing Agent Market Analysis and Forecast (2017 – 2030)
8.1 Introduction
8.2 North America Drag Reducing Agent Market Share Analysis, By Type
8.3 North America Drag Reducing Agent Market Size and Forecast, By Application
8.4 North America Drag Reducing Agent Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9Europe Drag Reducing Agent Market Analysis and Forecast (2017 – 2030)
9.1 Introduction
9.2 Europe Drag Reducing Agent Market Share Analysis, By Type
9.3 Europe Drag Reducing Agent Market Size and Forecast, By Application
9.4 Europe Drag Reducing Agent Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10Asia Pacific Drag Reducing Agent Market Analysis and Forecast (2017 – 2030)
10.1 Introduction
10.2 Asia Pacific Drag Reducing Agent Market Share Analysis, By Type
10.3 Asia Pacific Drag Reducing Agent Market Size and Forecast, By Application
10.4 Asia Pacific Drag Reducing Agent Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11Latin America Drag Reducing Agent Market Analysis and Forecast (2017 – 2030)
11.1 Introduction
11.2 Latin America Drag Reducing Agent Market Share Analysis, By Type
11.3 Latin America Drag Reducing Agent Market Size and Forecast, By Application
11.4 Latin America Drag Reducing Agent Market Size and Forecast, By Country
12Middle East Drag Reducing Agent Market Analysis and Forecast (2017 – 2030)
12.1 Introduction
12.2 Middle East Drag Reducing Agent Market Share Analysis, By Type
12.3 Middle East Drag Reducing Agent Market Size and Forecast, By Application
12.4 Middle East Drag Reducing Agent Market Size and Forecast, By Country
13Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
15.1 CNPC
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 The Zoranoc Oilfield Chemical
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Superchem Technology
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Qflo
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 DESHI
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Sino Oil King Shine Chemical
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 NuGenTec
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Oil Flux Americas
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Innospec 15.9.1 Overview 15.9.2 Offerings 15.9.3 Key Financials 15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Baker Hughes
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
15.11 Flowchem
15.11.1 Overview
15.11.2 Offerings
15.11.3 Key Financials
15.11.4 Business Segment & Geographic Overview
15.11.5 Key Market Developments
15.11.6 Key Strategies
