Drag reducers, also known as drag reducing agents (DRA) and flow improvers, are any material that reduces frictional pressure loss during fluid flow in a conduit or pipeline. Pressure loss reduction is achieved by reducing the level of turbulent motion in the flow. Using DRA allows increased flow using the same amount of energy or decreased pressure drop for the same flow rate of fluid in pipelines.
Scope of the Report:
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 2017, the region consumed about 40.75% drag reducing agent globally. USA plays a key role in the regions. The second largest consumer is MEA, with 27 K MT being consumed in the same year.
The worldwide market for Drag Reducing Agent is expected to grow at a CAGR of roughly 10.1% over the next five years, will reach 1480 million US$ in 2024, from 920 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Drag Reducing Agent in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
LiquidPower Specialty Products
Flowchem
Baker Hughes
Innospec
Oil Flux Americas
NuGenTec
Sino Oil King Shine Chemical
DESHI
Qflo
Superchem Technology
The Zoranoc Oilfield Chemical
CNPC
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
High Viscosity Glue
Low Viscosity Glue
Rubber Latex
Market Segment by Applications, can be divided into
Oil & Gas Industry
Chemical Transportation
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Drag Reducing Agent product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Drag Reducing Agent, with price, sales, revenue and global market share of Drag Reducing Agent in 2017 and 2018.
Chapter 3, the Drag Reducing Agent competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Drag Reducing Agent breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Drag Reducing Agent market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Drag Reducing Agent sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Summary:
Get latest Market Research Reports on Drag Reducing Agent . Industry analysis & Market Report on Drag Reducing Agent is a syndicated market report, published as Global Drag Reducing Agent Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024. It is complete Research Study and Industry Analysis of Drag Reducing Agent market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.