Global and China Drag Reducing Agent for Oil & Gas Market Insights, Forecast to 2027

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.
Global Drag Reducing Agent for Oil & Gas key players include LiquidPower Specialty Products, Flowchem, GE(Baker Hughes), Innospec, Oil Flux Americas, etc.
North America is the largest market, with a share over 40%, followed by Europe and Asia-Pacific, both have a share over 35 percent.
In terms of product, Low Viscosity Glue is the largest segment, with a share about 60%. And in terms of application, the largest application is Gas Transportation, followed by Oil Transportation.

Market Analysis and Insights: Global and China Drag Reducing Agent for Oil & Gas Market
This report focuses on global and China Drag Reducing Agent for Oil & Gas market.
In 2020, the global Drag Reducing Agent for Oil & Gas market size was US$ 1010 million and it is expected to reach US$ 1954 million by the end of 2027, with a CAGR of 9.9% during 2021-2027. In China the Drag Reducing Agent for Oil & Gas market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Drag Reducing Agent for Oil & Gas Scope and Market Size
Drag Reducing Agent for Oil & Gas market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Drag Reducing Agent for Oil & Gas market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For China market, this report focuses on the Drag Reducing Agent for Oil & Gas market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in China.

Segment by Type
High Viscosity Glue
Low Viscosity Glue
Rubber Latex

Segment by Application
Gas Transportation
Oil Transportation

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
LiquidPower Specialty Products
Flowchem
GE(Baker Hughes)
Innospec
Oil Flux Americas
NuGenTec
Sino Oil King Shine Chemical
DESHI
Qflo
Superchem Technology
The Zoranoc Oilfield Chemical
CNPC