This Drag Reducing Agents market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Drag Reducing Agents report simplifies managing marketing of goods and services effectively.

Data Bridge Market Research analyzes that the global drag reducing agents market which was USD 650.70 million in 2023, is expected to reach USD 940.40 million by 2031, growing at a CAGR of 4.7% during the forecast period of 2024 to 2031.

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Market Overview:

The essential factors contributing to the growth of the drag reducing agents market in the forecast period of 2024 to 2031 include increasing demand for flow-improving products, growth in energy production industry and rise in research & development activities and integrating novel technologies for developing advanced drag-reducing agents.

Some of the major players operating in the Drag Reducing Agents market are Baker Hughes (U.S.), Flowchem (U.S.), Innospec (U.S.), NuGenTec (U.S.), Oil Flux Americas (U.S.), TransAsia Gas International (Singapore), The Zoranoc Oilfield Chemical (China), CLARIANT (Switzerland), BASF SE (Germany), Lubrizol Corporation (U.S.) among others.

Global Drag Reducing Agents Market Scope

The drag-reducing agents market is segmented on the basis of type, form, and end-use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Polymers

  • Suspensions

  • Biological Additives

  • Surfactants

Form

  • Liquid

  • Powder

End-Use

  • Oil & Gas

  • Civil Work

  • Fire Fighting

  • Marine

  • Irrigation

  • Biomedical

  • Chemical

  • Others

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Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Drag Reducing Agents Market Landscape

Part 04: Global Drag Reducing Agents Market Sizing

Part 05: Global Drag Reducing Agents Market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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