Global Drag Reducing Agent Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023

Drag reducing agent (DRA), also called drag reducer or flow improver, is a long chain polymer chemical that is used in crude oil, refined products or non-potable water pipelines. It is injected in small amounts (parts per million) and is used to reduce the frictional pressure drop along the pipeline's length. Its use has allowed pipeline systems to greatly increase in traditional capacity and extend the life of existing systems.

Scope of the Report:
This report focuses on the Drag Reducing Agent in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The global drag reducing agent market was 181.7 MT in 2016 and is expected to increase to 316.3 MT by 2023. Overall, the drag reducing agent market performance is positive with the global economic recovery.
The technical barrier of drag reducing agent is high, and dominated by certain companies, such as LSPI, Baker Hughes, Flowchem, Innospec, Oil Flux Americas, NuGenTec and son on. Production of drag reducing agent mainly distributes in USA and China.
As for consumption, the largest consumption volume comes from the North America region. In 2016, the region consumed about 46.51% drag reducing agent globally. USA plays a key role in the regions. The follower consumer is Asia-Pacific, with 34.1 MT being consumed in the same year.
The worldwide market for Drag Reducing Agent is expected to grow at a CAGR of roughly 7.1% over the next five years, will reach 1290 million US$ in 2023, from 850 million US$ in 2017, according to a new study.

Market Segment by Manufacturers, this report covers
LiquidPower Specialty Products
Flowchem
Baker Hughes
Innospec
Oil Flux Americas
NuGenTec
Sino Oil King Shine Chemical
DESHI
Qflo
Superchem Technology
The Zoranoc Oilfield Chemical
CNPC

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
High Viscosity Glue
Low Viscosity Glue
Rubber Latex

Market Segment by Applications, can be divided into
Oil & Gas Industry
Chemical Transportation

There are 15 Chapters to deeply display the global Drag Reducing Agent market.
Chapter 1, to describe Drag Reducing Agent Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Drag Reducing Agent, with sales, revenue, and price of Drag Reducing Agent, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Drag Reducing Agent, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Drag Reducing Agent market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Drag Reducing Agent sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source