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Drag Reducing Agent Market

Chemicals and Advanced Materials Drag Reducing Agent Market CM0073 Aug-2021

Drag reducing agent 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 global market is segregated on the basis of Application as Oil & Gas Industry, Chemical Transportation, and Others. Based on Type the market is segmented in Viscosity Glue, Low Viscosity Glue, and Rubber Latex.

The global market report provides geographical analysis covering regions, such as North America, Europe, Asia-Pacific, and the Rest of the World. The market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

LSPI, FlowChem, Baker Hughes, Innospec, Oil Flux Americas, NuGenTec, Sino Oil King Shine Chemical, DESHI, Qflo, Superchem Technology, and others are among the major players in the market. The companies studied in terms of product strategy and various n several growths and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

The global Drag Reducing Agent market has been segmented as below:

By Application

  • Oil & Gas Industry
  • Chemical Transportation
  • Others

By Type

  • Viscosity Glue
  • Low Viscosity Glue
  • Rubber Latex

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Drag Reducing Agent Market, By Company

  • LSPI
  • FlowChem
  • Baker Hughes
  • Innospec
  • Oil Flux Americas
  • NuGenTec
  • Sino Oil King Shine Chemical
  • DESHI
  • Qflo
  • Superchem Technology
  • National Petroleum Corporation
  • Partow Ideh Pars
  • Zoranoc Oilfield Chemical
  • Berkshire Hathaway Inc.
  • China National Petroleum Corp.
  • Evonik Industries AG
  • Specialized Technologies for Industrial Services Co.
  • Weifang Xinchang Chemical Co. Ltd.
  • Cabot Microelectronics Corp.
  • Imperial Oilfield Chemicals Private Limited

The report covers the below scope:

  • Global market sizes from 2019 to 2025, along with CAGR for 2020-2025
  • Market size comparison for 2020 vs 2025, with actual data for 2020, estimates for 2021 and forecast from 2021 to 2025
  • Global market trends, covering a comprehensive range of consumer trends & manufacturer trends
  • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global market
  • Major market opportunities and challenges in forecast timeframe to be focused
  • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends, and strategic management
  • Comprehensive company profiles of the key industry players

The years considered for the study are as follows:

  • Base year - 2019
  • Estimated year - 2020
  • Projected year - 2021
  • Forecast period - 2021 to 2025

Report Scope:

The global market report scope includes a detailed study covering underlying factors influencing the industry trends. The report covers the analysis of regional and country-level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes a detailed competitive outlook covering market shares and profiles key participants in the global market share. Major industry players with significant revenue share include LSPI, FlowChem, Baker Hughes, Innospec, Oil Flux Americas, NuGenTec, Sino Oil King Shine Chemical, DESHI, Qflo, Superchem Technology, and others.

Why to Buy this Report:

  • Gain detailed insights on the Drag Reducing Agent industry trends
  • Find a complete analysis of the market status
  • Identify the market opportunities and growth segments
  • Analyze competitive dynamics by evaluating business segments & product portfolios
  • Facilitate strategy planning and industry dynamics to enhance decision making

Target Audience:

The report targeted the existing players in the industry is as follows:

  • Market Manufacturers/Service Providers
  • Market Wholesale/Traders
  • Investment and Financial Institutions

Free and Paid Customization based on the requirement

Report Content

  1. Introduction

            1.1 Key Insights

            1.2 Report Overview

            1.3 Markets Covered

            1.4 Stakeholders

  1. Research Methodology

            2.1 Research Scope

            2.2 Market Research Process

            2.3 Research Data Analysis

                        2.4.1 Secondary Research

                        2.4.2 Primary Research

                        2.4.3 Models for Estimation

            2.5 Market Size Estimation

                        2.5.1 Bottom-Up Approach - Segmental Market Analysis

                        2.5.2 Top-Down Approach - Parent Market Analysis

  1. Executive Summary
  2. Market Overview

            4.1 Introduction

                        4.2.1 Drivers

  • Growing petroleum industry and growth in crude oil demands
  • Need to curtail costs

                        4.2.2 Restraints

  • Mostly depends on environmental concerns and other industries
  • Increased competition & strength of private companies

                        4.2.3 Opportunities

  • Increasing Demand for Lightweight Drag Reducing Agent s
  • Advance Electronically Controlled Air Suspension

                        4.2.4 Challenges

            4.2 Porter's Five Force Analysis

  1. Drag Reducing Agent Market, By Application

            5.1 Introduction

            5.2 Oil & Gas Industry

                        5.2.1 Market Overview

                        5.2.2 Market Size and Forecast

            5.3 Chemical Transportation

                        5.3.1 Market Overview

                        5.3.2 Market Size and Forecast

            5.4 Others

                        5.4.1 Market Overview

                        5.4.2 Market Size and Forecast

  1. Drag Reducing Agent Market, By Type

            6.1 Introduction

            6.2 Viscosity Glue

                        6.2.1 Market Overview

                        6.2.2 Market Size and Forecast

            6.3 Low Viscosity Glue

                        6.3.1 Market Overview

                        6.3.2 Market Size and Forecast

            6.4 Rubber Latex

                        6.4.1 Market Overview

                        6.4.2 Market Size and Forecast

  1. Drag Reducing Agent Market, By Geography

            7.1 Introduction

            7.2 North America

                        7.2.1 North America Market, By Application

                        7.2.2 North America Market, By Type

            7.3 Europe

                        7.3.1 Europe Market, By Application

                        7.3.2 Europe Market, By Type

            7.4 Asia-Pacific

                        7.4.1 Asia-Pacific Market, By Application

                        7.4.2 Asia-Pacific Market, By Type

            7.5 Rest of the World

                        7.5.1 Rest of the World Market, By Application

                        7.5.2 Rest of the World Market, By Type

  1. Competitive Insights

            8.1 Key Insights

            8.2 Company Market Share Analysis

            8.3 Strategic Outlook

                        8.3.1 Mergers & Acquisitions

                        8.3.2 New Product Development

                        8.3.3 Portfolio/Production Capacity Expansions

                        8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements

                        8.3.5 Others

  1. Company Profiles

            9.1 LSPI

                        9.1.1 Company Overview

                        9.1.2 Product/Service Landscape

                        9.1.3 Financial Overview

                        9.1.4 Recent Developments

            9.2 FlowChem

                        9.2.1 Company Overview

                        9.2.2 Product/Service Landscape

                        9.2.3 Financial Overview

                        9.2.4 Recent Developments

            9.3 Baker Hughes

                        9.3.1 Company Overview

                        9.3.2 Product/Service Landscape

                        9.3.3 Financial Overview

                        9.3.4 Recent Developments

            9.4 Innospec

                        9.4.1 Company Overview

                        9.4.2 Product/Service Landscape

                        9.4.3 Financial Overview

                        9.4.4 Recent Developments

            9.5 Oil Flux Americas

                        9.5.1 Company Overview

                        9.5.2 Product/Service Landscape

                        9.5.3 Financial Overview

                        9.5.4 Recent Developments

            9.6 NuGenTec

                        9.6.1 Company Overview

                        9.6.2 Product/Service Landscape

                        9.6.3 Financial Overview

                        9.6.4 Recent Developments

            9.7 Sino Oil King Shine Chemical

                        9.7.1 Company Overview

                        9.7.2 Product/Service Landscape

                        9.7.3 Financial Overview

                        9.7.4 Recent Developments

            9.8 DESHI

                        9.8.1 Company Overview

                        9.8.2 Product/Service Landscape

                        9.8.3 Financial Overview

                        9.8.4 Recent Developments

            9.9 Qflo

                        9.9.1 Company Overview

                        9.9.2 Product/Service Landscape

                        9.9.3 Financial Overview

                        9.9.4 Recent Developments

            9.10 Superchem Technology

                        9.10.1 Company Overview

                        9.10.2 Product/Service Landscape

                        9.10.3 Financial Overview

                        9.10.4 Recent Developments

            9.11 National Petroleum Corporation

                        9.11.1 Company Overview

                        9.11.2 Product/Service Landscape

                        9.11.3 Financial Overview

                        9.11.4 Recent Developments

            9.12 Partow Ideh Pars

                        9.12.1 Company Overview

                        9.12.2 Product/Service Landscape

                        9.12.3 Financial Overview

                        9.12.4 Recent Developments

           9.13 Zoranoc Oilfield Chemical

                        9.13.1 Company Overview

                        9.13.2 Product/Service Landscape

                        9.13.3 Financial Overview

                        9.13.4 Recent Developments

           9.14 Berkshire Hathaway Inc.

                        9.14.1 Company Overview

                        9.14.2 Product/Service Landscape

                        9.14.3 Financial Overview

                        9.14.4 Recent Developments

           9.15 China National Petroleum Corp.

                        9.15.1 Company Overview

                        9.15.2 Product/Service Landscape

                        9.15.3 Financial Overview

                        9.15.4 Recent Developments

           9.16 Evonik Industries AG

                        9.16.1 Company Overview

                        9.16.2 Product/Service Landscape

                        9.16.3 Financial Overview

                        9.16.4 Recent Developments

           9.17 Specialized Technologies for Industrial Services Co.

                        9.17.1 Company Overview

                        9.17.2 Product/Service Landscape

                        9.17.3 Financial Overview

                        9.17.4 Recent Developments

          9.18 Weifang Xinchang Chemical Co. Ltd.

                        9.18.1 Company Overview

                        9.18.2 Product/Service Landscape

                        9.18.3 Financial Overview

                        9.18.4 Recent Developments

          9.19 Cabot Microelectronics Corp.

                        9.19.1 Company Overview

                        9.19.2 Product/Service Landscape

                        9.19.3 Financial Overview

                        9.19.4 Recent Developments

          9.20 Imperial Oilfield Chemicals Private Limited

                        9.20.1 Company Overview

                        9.20.2 Product/Service Landscape

                        9.20.3 Financial Overview

                        9.20.4 Recent Developments

The global Drag Reducing Agent market has been segmented as below:

By Application

  • Oil & Gas Industry
  • Chemical Transportation
  • Others

By Type

  • Viscosity Glue
  • Low Viscosity Glue
  • Rubber Latex

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Drag Reducing Agent Market, By Company

  • LSPI
  • FlowChem
  • Baker Hughes
  • Innospec
  • Oil Flux Americas
  • NuGenTec
  • Sino Oil King Shine Chemical
  • DESHI
  • Qflo
  • Superchem Technology
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