Global Drag Reducing Agent Market Report By Product (High Viscosity Glue, Low Viscosity Glue And Rubber Latex), Application (Oil & Gas Industry, Chemical Transportation And Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2019-2026
ID:VMR11210508
February 2020
Report Formats:

As per this study the global drag reducing agent market was valued USD XX.X MN (by revenue) in 2019 and is anticipated to reach USD XX.X MN by 2026 with a CAGR of X.X%. By volume, the market was estimated XX.X Tons in 2019 and is expected to reach XX.X tons by 2026 with a CAGR of X.X%.

Drag reducing agents or polymers are the chemical additives, which are used to reduce the frictional pressure or turbulence in a pipeline. Basically, these are high molecular weight polymers that act as buffers along the walls of the pipe and thus reduce energy loss and increase liquid flow. These agents generally decrease turbulence by increasing pumping activity under low pressure by saving both cost and energy. It is useful in oil & gas industry, shipbuilding, fire fighting, healthcare, and chemical transportation.
 
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.
 
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

  • High Viscosity Glue
  • Low Viscosity Glue
  • Rubber Latex
 
By Application
  • Oil & Gas
  • Chemical Transportation
  • Others
 
Regional Analysis
 
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for drag reducing agent in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
 
Europe Drag Reducing Agent Market By Revenue (USD MN)


 
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.
 
 
METHODOLOGY:
 
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Drag Reducing Agent Market
       2.2. Global Drag Reducing Agent Market Snapshot
 
3 . DRAG REDUCING AGENT – INDUSTRY ANALYSIS
       3.1. Introduction
       3.2. Market Drivers of Drag Reducing Agent Market
       3.3. Market Restraints of Drag Reducing Agent Market
       3.4. Opportunities of Drag Reducing Agent Market
       3.5. Trends of Drag Reducing Agent Market
       3.6. Porter’s Five Force Analysis of Drag Reducing Agent Market
       3.7. Drag Reducing Agent Market Attractiveness Analysis
           3.7.1 Market Attractive Analysis by Product
           3.7.2 Market Attractive Analysis by Application
           3.7.3 Market Attractive Analysis by Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Drag Reducing Agent Value Chain Analysis
       4.2. Drag Reducing Agent Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Drag Reducing Agent Raw Material Manufactures List
           4.2.3. Price Trend of Drag Reducing Agent Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . GLOBAL DRAG REDUCING AGENT MARKET ANALYSIS BY PRODUCT
       5.1 Overview by Product
       5.2 Global Drag Reducing Agent Market Analysis by Product
       5.3 Market Analysis of High Viscosity Glue by Regions
       5.4 Market Analysis of Low Viscosity Glue by Regions
       5.5 Market Analysis of Rubber Latex by Regions
 
6 . GLOBAL DRAG REDUCING AGENT MARKET ANALYSIS BY APPLICATION
       6.1 Overview by Application
       6.2 Global Drag Reducing Agent Market Analysis by Application
       6.3 Market Analysis of Oil & Gas by Regions
       6.4 Market Analysis of Chemical Transportation by Regions
       6.5 Market Analysis of Others by Regions
 
7 . GLOBAL DRAG REDUCING AGENT MARKET ANALYSIS BY GEOGRAPHY
       7.1. Regional Outlook
       7.2. Introduction
       7.3. North America
           7.3.1. Overview
           7.3.2. North America Drag Reducing Agent Market Estimate by Market Segment
           7.3.3. North America Drag Reducing Agent Market Estimate by Country
           7.3.4. United State
           7.3.5. Rest of North America
       7.4. Europe
           7.4.1. Overview
           7.4.2. Europe Drag Reducing Agent Market Estimate by Market Segment
           7.4.3. Europe Drag Reducing Agent Market Estimate by Country
           7.4.4. United Kingdom
           7.4.5. France
           7.4.6. Germany
           7.4.7 Rest of Europe
       7.5. Asia Pacific
           7.5.1. Overview
           7.5.2. Asia Pacific Drag Reducing Agent Market Estimate by Market Segment
           7.5.3. Asia Pacific Drag Reducing Agent Market Estimate by Country
           7.5.4. China
           7.5.5. Japan
           7.5.6. India
           7.5.7. Rest of Asia Pacific
       7.6. Latin America
           7.6.1. Overview
           7.6.2. Latin America Drag Reducing Agent Market Estimate by Market Segment
           7.6.3. Latin America Drag Reducing Agent Market Estimate by Country
           7.6.4. Brazil
           7.6.5. Rest of Latin America
       7.7. Middle East & Africa
           7.7.1. Overview
           7.7.2. Middle East & Africa Drag Reducing Agent Market Estimate by Market Segment
           7.7.3. Middle East & Africa Drag Reducing Agent Market Estimate by Country
           7.7.4. Middle East
           7.7.5. Africa
 
8 . COMPETITIVE LANDSCAPE OF THE DRAG REDUCING AGENT COMPANIES
       8.1. Drag Reducing Agent Market Competition
       8.2. Partnership/Collaboration/Agreement
       8.3. Merger And Acquisitions
       8.4. New Product Launch
       8.5. Other Developments
 
9 . COMPANY PROFILES OF DRAG REDUCING AGENT INDUSTRY
       9.1. Company Share Analysis
       9.2. Market Concentration Rate
       9.3. Baker Hughes
           9.3.1. Company Overview
           9.3.2. Financials
           9.3.3. Products
           9.3.4. Recent Developments
       9.4. CNPC
           9.4.1. Company Overview
           9.4.2. Financials
           9.4.3. Products
           9.4.4. Recent Developments
       9.5. DESHI
           9.5.1. Company Overview
           9.5.2. Financials
           9.5.3. Products
           9.5.4. Recent Developments
       9.6. Flowchem
           9.6.1. Company Overview
           9.6.2. Financials
           9.6.3. Products
           9.6.4. Recent Developments
       9.7. Innospec
           9.7.1. Company Overview
           9.7.2. Financials
           9.7.3. Products
           9.7.4. Recent Developments
       9.8. LiquidPower Specialty Products
           9.8.1. Company Overview
           9.8.2. Financials
           9.8.3. Products
           9.8.4. Recent Developments
       9.9. NuGenTec
           9.9.1. Company Overview
           9.9.2. Financials
           9.9.3. Products
           9.9.4. Recent Developments
       9.10. Oil Flux Americas
           9.10.1. Company Overview
           9.10.2. Financials
           9.10.3. Products
           9.10.4. Recent Developments
       9.11. Qflo
           9.11.1. Company Overview
           9.11.2. Financials
           9.11.3. Products
           9.11.4. Recent Developments
       9.12. Sino Oil King Shine Chemical
           9.12.1. Company Overview
           9.12.2. Financials
           9.12.3. Products
           9.12.4. Recent Developments
       9.13. Superchem Technology
           9.13.1. Company Overview
           9.13.2. Financials
           9.13.3. Products
           9.13.4. Recent Developments
       9.14. The Zoranoc Oilfield Chemical
           9.14.1. Company Overview
           9.14.2. Financials
           9.14.3. Products
           9.14.4. Recent Developments
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
LIST OF TABLES

  • Global Drag Reducing Agent Market Snapshot
  • Drivers of The Global Drag Reducing Agent Market Impact Analysis
  • Restraints of The Global Drag Reducing Agent Market Impact Analysis
  • List of Raw Material
  • List of Raw Material Manufactures
  • List of Potential Buyers
  • Global Drag Reducing Agent Market Analysis by Product (Tons)
  • Global Drag Reducing Agent Market Analysis by Product (USD MN)
  • Global Drag Reducing Agent Market Analysis in High Viscosity Glue by Geography (Tons)
  • Global Drag Reducing Agent Market Analysis in High Viscosity Glue by Geography (USD MN)
  • Global Drag Reducing Agent Market Analysis in Low Viscosity Glue by Geography (Tons)
  • Global Drag Reducing Agent Market Analysis in Low Viscosity Glue by Geography (USD MN)
  • Global Drag Reducing Agent Market Analysis in Rubber Latex by Geography (Tons)
  • Global Drag Reducing Agent Market Analysis in Rubber Latex by Geography (USD MN)
  • Global Drag Reducing Agent Market Analysis by Application (Tons)
  • Global Drag Reducing Agent Market Analysis by Application (USD MN)
  • Global Drag Reducing Agent Market Analysis in Oil & Gas by Geography (Tons)
  • Global Drag Reducing Agent Market Analysis in Oil & Gas by Geography (USD MN)
  • Global Drag Reducing Agent Market Analysis in Chemical Transportation by Geography (Tons)
  • Global Drag Reducing Agent Market Analysis in Chemical Transportation by Geography (USD MN)
  • Global Drag Reducing Agent Market Analysis in Others by Geography (Tons)
  • Global Drag Reducing Agent Market Analysis in Others by Geography (USD MN)
  • Global Drag Reducing Agent Market by Geography (Tons)
  • Global Drag Reducing Agent Market by Geography (USD MN)
  • North America Drag Reducing Agent Market Analysis by Product (Tons)
  • North America Drag Reducing Agent Market Analysis by Product (USD MN)
  • North America Drag Reducing Agent Market Estimate by Application (Tons)
  • North America Drag Reducing Agent Market Estimate by Application (USD MN)
  • North America Drag Reducing Agent Market Estimate by Country (Tons)
  • North America Drag Reducing Agent Market Estimate by Country (USD MN)
  • United State Drag Reducing Agent Market Analysis by Product (Tons)
  • United State Drag Reducing Agent Market Analysis by Product (USD MN)
  • United State Drag Reducing Agent Market Estimate by Application (Tons)
  • United State Drag Reducing Agent Market Estimate by Application (USD MN)
  • Rest of North America Drag Reducing Agent Market Analysis by Product (Tons)
  • Rest of North America Drag Reducing Agent Market Analysis by Product (USD MN)
  • Rest of North America Drag Reducing Agent Market Estimate by Application (Tons)
  • Rest of North America Drag Reducing Agent Market Estimate by Application (USD MN)
  • Europe Drag Reducing Agent Market Analysis by Product (Tons)
  • Europe Drag Reducing Agent Market Analysis by Product (USD MN)
  • Europe Drag Reducing Agent Market Estimate by Application (Tons)
  • Europe Drag Reducing Agent Market Estimate by Application (USD MN)
  • Europe Drag Reducing Agent Market Estimate by Country (Tons)
  • Europe Drag Reducing Agent Market Estimate by Country (USD MN)
  • United Kingdom Drag Reducing Agent Market Analysis by Product (Tons)
  • United Kingdom Drag Reducing Agent Market Analysis by Product (USD MN)
  • United Kingdom Drag Reducing Agent Market Estimate by Application (Tons)
  • United Kingdom Drag Reducing Agent Market Estimate by Application (USD MN)
  • France Drag Reducing Agent Market Analysis by Product (Tons)
  • France Drag Reducing Agent Market Analysis by Product (USD MN)
  • France Drag Reducing Agent Market Estimate by Application (Tons)
  • France Drag Reducing Agent Market Estimate by Application (USD MN)
  • Germany Drag Reducing Agent Market Analysis by Product (Tons)
  • Germany Drag Reducing Agent Market Analysis by Product (USD MN)
  • Germany Drag Reducing Agent Market Estimate by Application (Tons)
  • Germany Drag Reducing Agent Market Estimate by Application (USD MN)
  • Rest of Europe Drag Reducing Agent Market Analysis by Product (Tons)
  • Rest of Europe Drag Reducing Agent Market Analysis by Product (USD MN)
  • Rest of Europe Drag Reducing Agent Market Estimate by Application (Tons)
  • Rest of Europe Drag Reducing Agent Market Estimate by Application (USD MN)
  • Asia Pacific Drag Reducing Agent Market Analysis by Product (Tons)
  • Asia Pacific Drag Reducing Agent Market Analysis by Product (USD MN)
  • Asia Pacific Drag Reducing Agent Market Estimate by Application (Tons)
  • Asia Pacific Drag Reducing Agent Market Estimate by Application (USD MN)
  • Asia Pacific Drag Reducing Agent Market Estimate by Country (Tons)
  • Asia Pacific Drag Reducing Agent Market Estimate by Country (USD MN)
  • China Drag Reducing Agent Market Analysis by Product (Tons)
  • China Drag Reducing Agent Market Analysis by Product (USD MN)
  • China Drag Reducing Agent Market Estimate by Application (Tons)
  • China Drag Reducing Agent Market Estimate by Application (USD MN)
  • Japan Drag Reducing Agent Market Analysis by Product (Tons)
  • Japan Drag Reducing Agent Market Analysis by Product (USD MN)
  • Japan Drag Reducing Agent Market Estimate by Application (Tons)
  • Japan Drag Reducing Agent Market Estimate by Application (USD MN)
  • India Drag Reducing Agent Market Analysis by Product (Tons)
  • India Drag Reducing Agent Market Analysis by Product (USD MN)
  • India Drag Reducing Agent Market Estimate by Application (Tons)
  • India Drag Reducing Agent Market Estimate by Application (USD MN)
  • Rest of Asia Pacific Drag Reducing Agent Market Analysis by Product (Tons)
  • Rest of Asia Pacific Drag Reducing Agent Market Analysis by Product (USD MN)
  • Rest of Asia Pacific Drag Reducing Agent Market Estimate by Application (Tons)
  • Rest of Asia Pacific Drag Reducing Agent Market Estimate by Application (USD MN)
  • Latin America Drag Reducing Agent Market Analysis by Product (Tons)
  • Latin America Drag Reducing Agent Market Analysis by Product (USD MN)
  • Latin America Drag Reducing Agent Market Estimate by Application (Tons)
  • Latin America Drag Reducing Agent Market Estimate by Application (USD MN)
  • Latin America Drag Reducing Agent Market Estimate by Country (Tons)
  • Latin America Drag Reducing Agent Market Estimate by Country (USD MN)
  • Brazil Drag Reducing Agent Market Analysis by Product (Tons)
  • Brazil Drag Reducing Agent Market Analysis by Product (USD MN)
  • Brazil Drag Reducing Agent Market Estimate by Application (Tons)
  • Brazil Drag Reducing Agent Market Estimate by Application (USD MN)
  • Rest of Latin America Drag Reducing Agent Market Analysis by Product (Tons)
  • Rest of Latin America Drag Reducing Agent Market Analysis by Product (USD MN)
  • Rest of Latin America Drag Reducing Agent Market Estimate by Application (Tons)
  • Rest of Latin America Drag Reducing Agent Market Estimate by Application (USD MN)
  • Middle East & Africa Drag Reducing Agent Market Analysis by Product (Tons)
  • Middle East & Africa Drag Reducing Agent Market Analysis by Product (USD MN)
  • Middle East & Africa Drag Reducing Agent Market Estimate by Application (Tons)
  • Middle East & Africa Drag Reducing Agent Market Estimate by Application (USD MN)
  • Middle East & Africa Drag Reducing Agent Market Estimate by Country (Tons)
  • Middle East & Africa Drag Reducing Agent Market Estimate by Country (USD MN)
  • Middle East Drag Reducing Agent Market Analysis by Product (Tons)
  • Middle East Drag Reducing Agent Market Analysis by Product (USD MN)
  • Middle East Drag Reducing Agent Market Estimate by Application (Tons)
  • Middle East Drag Reducing Agent Market Estimate by Application (USD MN)
  • Africa Drag Reducing Agent Market Analysis by Product (Tons)
  • Africa Drag Reducing Agent Market Analysis by Product (USD MN)
  • Africa Drag Reducing Agent Market Estimate by Application (Tons)
  • Africa Drag Reducing Agent Market Estimate by Application (USD MN)
  • Partnership/Collaboration/Agreement
  • Mergers And Acquisiton
 
LIST OF FIGURES
  • Research Scope of Drag Reducing Agent Report
  • Market Research Process
  • Market Research Methodology
  • Global Drag Reducing Agent Market Size, by Region (2019)
  • Porters Five Forces Analysis
  • Market Attractiveness Analysis by Product
  • Market Attractiveness Analysis by Application
  • Market Attractiveness Analysis by Region
  • Value Chain Analysis
  • Global Drag Reducing Agent Market Analysis by Product
  • Global Drag Reducing Agent Market Analysis in High Viscosity Glue by Region
  • Global Drag Reducing Agent Market Analysis in Low Viscosity Glue by Region
  • Global Drag Reducing Agent Market Analysis in Rubber Latex by Region
  • Global Drag Reducing Agent Market Analysis by Application
  • Global Drag Reducing Agent Market Analysis in Oil & Gas by Region
  • Global Drag Reducing Agent Market Analysis in Chemical Transportation by Region
  • Global Drag Reducing Agent Market Analysis in Others by Region
  • Global Drag Reducing Agent Market by Volume And Revenue
  • North America Drag Reducing Agent Market by Volume And Revenue
  • Europe Drag Reducing Agent Market by Volume And Revenue
  • Asia Pacific Drag Reducing Agent Market by Volume And Revenue
  • Latin America Drag Reducing Agent Market by Volume And Revenue
  • Middle East & Africa Drag Reducing Agent Market by Volume And Revenue
  • Recent Development in Drag Reducing Agent Industry
  • Company Market Share Analysis, 2019
 
 * Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

Objectives of Study

  • Define and measure the global market
  • Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
  • Study the company profiles of the major market players with their market share
  • Analyze competitive developments

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