Global Drag Reducing Agent for Pipeline Market Insights, Forecast to 2029

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The global Drag Reducing Agent for Pipeline market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global Drag Reducing Agent for Pipeline market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and opportunities of the global Drag Reducing Agent for Pipeline Market. With qualitative and quantitative analysis, we help you with thorough and comprehensive research on the global Drag Reducing Agent for Pipeline market. We have also focused on SWOT, PESTLE, and Porter’s Five Forces analyses of the global Drag Reducing Agent for Pipeline market.

Leading players of the global Drag Reducing Agent for Pipeline market are analyzed taking into account their market share, recent developments, new product launches, partnerships, mergers or acquisitions, and markets served. We also provide an exhaustive analysis of their product portfolios to explore the products and applications they concentrate on when operating in the global Drag Reducing Agent for Pipeline market. Furthermore, the report offers two separate market forecasts – one for the production side and another for the consumption side of the global Drag Reducing Agent for Pipeline market. It also provides useful recommendations for new as well as established players of the global Drag Reducing Agent for Pipeline market.

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Drag reducing agent (DRA) for pipelines, also known as flow improver or pipeline drag reducer, is a chemical additive used to reduce the frictional resistance (drag) between the flowing fluid and the internal walls of a pipeline. When added to the fluid, the DRA forms a thin, temporary layer on the pipeline’s inner surface, which alters the fluid’s flow characteristics and reduces turbulence. This leads to improved flow efficiency and reduced energy consumption in pipeline transportation systems.

Global Drag Reducing Agent for Pipeline market is expected to reach to US$ 1228 million in 2023, with a positive growth of %, compared with US$ 1109 million in 2022 which suffered dual impact of COVID-19 and Russia-Ukraine War in the year. Backed with the increasing demand from downstream industries, Drag Reducing Agent for Pipeline industry is evaluated to reach US$ 2163.6 million in 2029. The CAGR will be 9.9% during 2023 to 2029.

The global market for drag reducing agents (DRAs) for pipelines has been witnessing steady growth over the years, primarily driven by the increasing demand for cost-efficient and energy-saving solutions in the transportation of hydrocarbon fluids through pipelines. DRAs play a significant role in enhancing the efficiency of pipeline operations, reducing pumping costs, and increasing the throughput capacity of existing pipeline infrastructure. The demand for drag reducing agents varies across different regions based on the level of pipeline infrastructure development and the focus on energy efficiency. North America and Europe have been significant markets for DRAs due to their well-established pipeline networks and regulatory incentives for energy conservation. The Asia-Pacific region has shown considerable growth potential due to increasing pipeline construction activities and the need for more efficient energy transportation. The market for drag reducing agents is expected to continue growing as pipeline operators seek innovative solutions to optimize pipeline operations, reduce operational costs, and improve environmental sustainability. Advancements in DRA technology, along with the expansion of oil and gas transportation infrastructure, are likely to drive market growth in the coming years. Moreover, the increasing focus on sustainable practices and the adoption of advanced flow-enhancing technologies are anticipated to boost the demand for drag reducing agents globally.

Report Covers:

This report presents an overview of global Drag Reducing Agent for Pipeline market from 2018 to 2029, aiming to help readers to get a comprehensive understanding of global Drag Reducing Agent for Pipeline market with multiple angles. Items like regional production, sales, revenue from 2018 to 2029 and manufacturers’ capacity, sales, price, revenue and gross margin from 2018 to 2023 are analyzed. In addition, sales and revenue of product type and application in each region from 2018 to 2029 are also highlighted.

Manufacturers, Type, Application and Regions Listed in the Report:

By Company

LiquidPower Specialty Products

Flowchem

Oil Flux Americas

QFLO

NuGenTec

DESHI GROUP

Baker Hughes

Innospec

Sino Oil King Shine Chemical

Kemira

CNPC

Zoranoc

Segment by Type

High Viscosity Glue

Low Viscosity Glue

Rubber Latex

Segment by Application

Oil and Gas

Chemical Transportation

Others

Production by Region

North America

Europe

China

Japan

Sales by Region

US & Canada

U.S.

Canada

China

Asia (excluding China)

Japan

South Korea

China Taiwan

Southeast Asia

India

Europe

Germany

France

U.K.

Italy

Russia

Latin America, Middle East & Africa

Brazil

Mexico

Turkey

Israel

GCC Countries

Chapter Outline

Chapter 1: Product definition, type and application introduction

Chapter 2: Regional production volume analysis from 2018 to 2029

Chapter 3: Regional revenue and sales volume analysis from 2018 to 2029

Chapter 4: Manufacturers’ sales, revenue and price analysis, including manufacturers’ Drag Reducing Agent for Pipeline plant distribution, commercial date of Drag Reducing Agent for Pipeline, product type offered, Mergers & Acquisitions and expansion activities.

Chapter 5: Product sales, revenue and price analysis by type from 2018 to 2029 globally

Chapter 6: Product sales, revenue and price analysis by application from 2018 to 2029 globally

Chapter 7: Product sales, revenue analysis by type and application from 2018 to 2029 in US & Canada. Product sales and revenue analysis of each country in US & Canada from 2018 to 2029

Chapter 8: Product sales, revenue analysis by type and application from 2018 to 2029 in Europe. Product sales and revenue analysis of each country in Europe from 2018 to 2029

Chapter 9: Product sales, revenue analysis by type and application from 2018 to 2029 in China. Product sales and revenue analysis of China from 2018 to 2029

Chapter 10: Product sales, revenue analysis by type and application from 2018 to 2029 in Asia (excluding China). Product sales and revenue analysis of each country in Asia (excluding China) from 2018 to 2029

Chapter 11: Product sales, revenue analysis by type and application from 2018 to 2029 in Middle East, Africa and Latin America. Product sales and revenue analysis of each country in Middle East, Africa and Latin America from 2018 to 2029.

Chapter 12: Manufacturers’ outline, covering company’s basic information, major business, Drag Reducing Agent for Pipeline introduction, etc. Drag Reducing Agent for Pipeline Capacity, Sales, Revenue, Price and Gross Margin of each company from 2018 to 2023

Chapter 13: Industry chain analysis, like raw materials, manufacturing cost. Market channel, distributors and customers analysis

Chapter 14: Market opportunities and challenges analysis

Chapter 15: QYResearch’s Conclusions of Drag Reducing Agent for Pipeline

Chapter 16: Methodology and Data Sources adopted by QYResearch

Report Objectives

• Analyzing the size of the global Drag Reducing Agent for Pipeline market on the basis of value and volume.

• Accurately calculating the market shares, consumption, and other vital factors of different segments of the global Drag Reducing Agent for Pipeline market.

• Exploring the key dynamics of the global Drag Reducing Agent for Pipeline market.

• Highlighting important trends of the global Drag Reducing Agent for Pipeline market in terms of production, revenue, and sales.

• Deeply profiling top players of the global Drag Reducing Agent for Pipeline market and showing how they compete in the industry.

• Studying manufacturing processes and costs, product pricing, and various trends related to them.

• Showing the performance of different regions and countries in the global Drag Reducing Agent for Pipeline market.

• Forecasting the market size and share of all segments, regions, and the global market.

 

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