The global demand for Viscosity Reducing Agents Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Viscosity-reducing chemicals are sometimes known as drag-reducing agents. Viscosity-reducing agents are pipeline additives that reduce turbulence in pipes, allowing fluids to flow more freely. These substances work as a flow enhancer or pipeline booster. High molecular weight polymers are used to make viscosity-reducing agents. Viscosity reduction agents act by interfering with the bursting process and thereby reduce turbulence in the core. Viscosity reduction chemicals are essential because they help operators enhance pipeline flow. In various sectors, viscosity reduction agents are critical to providing a cost-effective and efficient method of material transportation via pipeline linking.
Market Dynamics
The benefits of using viscosity-reducing agents are a primary element propelling the expansion of the worldwide viscosity-reducing agents market. Viscosity-reducing chemicals make material movement via a pipeline network more cost-effective and efficient. These compounds are essential in various industries, particularly in the petrochemical industry, where viscous crude oil is transported over massive pipeline networks. The efficient use of viscosity-reducing chemicals for enhancing efficiency across many process sectors has created significant demand in developed nations. Because of rising industrialization in developing countries, the market for viscosity reduction agents is likely to grow. The chemical industry is concentrating on switching to environmentally benign and stable compounds. The demand for viscosity-reducing agents is expected to grow as eco-products become more popular.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of viscosity reducing agents. The growth and trends of viscosity reducing agents industry provide a holistic approach to this study.
Market Segmentation
This section of the viscosity reducing agents market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product Type
- Polymers
- Surfactants
- Dispersants
- Additive
- Others
By End-Use Industries
- Oil And Gas
- Cement And Construction
- Paints And Coatings
- Rubber
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Viscosity Reducing Agents market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Viscosity Reducing Agents Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the viscosity reducing agents market include Halliburton, Ecolab, Thomas Swan & Co. Ltd., The Lubrizol Corporation, NuGenTec, Chemamde, Jiangsu Jiahua advanced Materials Technology Co.,Ltd., SRIVILAS HYDROTECH PVT LTD., LiquidPower Specialty Products Inc., Baker Hughes Company, Oil Flux, Deshi Energy Technology Group Co.,Ltd, The Zoranoc Oilfield Chemical, Pflaumer Brothers, Inc., Qflo, ConocoPhillips Company, Pon Pure Chemicals Group, Flowchem Industries, Innospec, SUPERCHEM Surface Chemistry Co., Ltd., China National Petroleum Corporation. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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