World Industries Drag Reducing Agent Market Growth Analysis, 2025

According to the global Drag Reducing Agent Market report published by Value Market Research, the
market is expected to touch USD XX.X MN by 2025, with a CAGR of X.X% growing from valued USD XX.X
MN (by revenue) in 2018. This is a tailored made research service providing informative data and various
critical aspects of the market such as market outlook, market share, growth, and trends. Further, the
report also offers evidence-based information that helps to transform clients business and achieve their
business goals. Moreover, the report also highlights the key strategy of top players. Additionally, this
report covers a wide spectrum of services such as the latest technology trend, market opportunity
analysis, and competitive landscape.
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/download-sample
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
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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