QYR Market Research Global Drag Reducing Agent market research | Page 4
QYResearch
• The technical barrier of drag reducing agent is high, and dominated by
certain companies, such as LSPI, Baker Hughes, Flowchem, Innospec, Oil
Flux Americas, NuGenTec and son on. Production of drag reducing agent
mainly distributes in USA and China.
• As for consumption, the largest consumption volume comes from the
North America region. In 2016, the region consumed about 46.51% drag
reducing agent globally. USA plays a key role in the regions. The follower
consumer is Asia-Pacific, with 34.1 MT being consumed in the same year.
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