The Drag Reducing Agent Market is segmented on the lines of its technology, component, vehicle type and regional. On type basis it is segmented as Viscosity Glue, Low Viscosity Glue and Rubber Latex. Based on application it includes Oil & Gas Industry ,Chemical Transportation and Others. The Drag Reducing Agent Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, and Rest of World. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
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Drag reducing agent market likewise called flow improver or drag reducer, is a long chain polymer substance that is utilized in raw petroleum, refined items or non-consumable water pipelines. It is infused in little amounts and is utilized to diminish the frictional pressure drop along the pipeline’s length.
The Drag Reducing Agent Market is expected to exceed more than US$ 1.40 Billion by 2025 at a CAGR of 8.0% in the given forecast period.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include LSPI, Flowchem, Baker Hughes, Innospec, Oil Flux Americas, NuGenTec, Sino Oil King Shine Chemical, DESHI, Qflo, Superchem Technology, The Zoranoc Oilfield Chemical and CNPC. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The scope of the report includes a detailed study of Drag Reducing Agent Market with the reasons given for variations in the growth of the industry in certain regions.
The Drag Reducing Agent Market has been segmented as below:
The Drag Reducing Agent Market is segmented on the lines of Type, Application and Regional Analysis.
By Type this market is segmented on the basis of Viscosity Glue, Low Viscosity Glue and Rubber Latex. By Application this market is segmented on the basis of Oil & Gas Industry, Chemical Transportation and Others. By Regional Analysis this market is segmented on the basis of North America, Europe, Asia-Pacific and Rest of the World.
This report provides:
1) An overview of the global market for Drag Reducing Agent Market and related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2025.
3) Identifications of new market opportunities and targeted promotional plans for Drag Reducing Agent Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
Reasons to Buy this Report:
1) Obtain the most up to date information available on all Drag Reducing Agent Market.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Drag Reducing Agent Market.
4) Assess your competitor’s refining portfolio and its evolution.
The major driving factors of Drag Reducing Agent Market are as follows:
- Growing petroleum industry and growth in crude oil demands
- Need to curtail costs
- Increased use of shifting commodity prices
- R&D investments in Drag Reducing Agent industries
The major restraining factors of Drag Reducing Agent Market are as follows:
- Mostly depends on environmental concerns and other industries
- Increased competition & strength of private companies
The major opportunities of Drag Reducing Agent Market are as follows:
- Increasing Demand for Lightweight Drag Reducing Agent s
- Advance Electronically Controlled Air Suspension
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Table of Contents:
1.1 Report Description
1.2 Markets Covered
- Research Methodology
- Report Summary
- Market Overview
- Drag Reducing Agent Market Analysis, By Type
- Drag Reducing Agent Market Analysis, By Application
- Drag Reducing Agent Market Analysis, By Region
- Competitive Overview
- Company Profiles
9.2 Baker Hughes
9.3 Sino Oil King Shine Chemical
9.4 The Zoranoc Oilfield Chemical
9.8 Oil Flux Americas
9.11 Superchem Technology
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