The latest research report by Emergen Research, named ‘Global Drag Reduction Agent Market - Forecast to 2032’, entails a comprehensive review of the global Drag Reduction Agent Market’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe. The study is inclusive of a profound analysis of this business sphere focuses on the overall remuneration of the market over the projected period. The study also includes significant information pertinent to the Drag Reduction Agent Market  industry, particularly the current COVID-19 scenario.

The global Drag Reduction Agent (DRA) market size was USD 596.20 Million in 2022 and is expected to register a rapid revenue CAGR of 5.8% during the forecast period. Rising adoption of DRA in petrochemical industries is a major factor driving market revenue growth.

Key players in the market Baker Hughes Company, Dorf Ketal, Flowchem, Indian Oil Corporation Ltd., Innospec, Jiangyin Huaheng Auxiliary Co., Ltd., Liquid Power Specialty Products Inc., NuGenTec, The Zoranoc Oilfield Chemical, China National Petroleum Corporation, Partow Ideh Pars Co. (P.J.S), The Lubrizol Corporation, and SUPERCHEM Surface Chemistry Co., Ltd

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Competitive Terrain:

The Global Drag Reduction Agent Market  is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length.

Market Overview:

The report bifurcates the Drag Reduction Agent market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

To learn more details about the Global Drag Reduction Agent Market report, visit @ https://www.emergenresearch.com/industry-report/drag-reduction-agent-market

Our experienced market research team has provided updated information on the ongoing COVID-19 pandemic and its adverse economic impact in the latter segment of the report.  The coronavirus outbreak has led to drastic changes in the current Drag Reduction Agent Market  business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. Besides making speculations about the market’s post-COVID-19 scenario, the report discusses its existing situation.

Segments Covered in this report are:

• Product Outlook (Revenue, USD Million; 2019-2032)

  • High Viscosity Glue
  • Low Viscosity Glue

• Ingredient Outlook (Revenue, USD Million; 2019-2032)

  • Polymers
  • Solid Particle Suspensions
  • Surfacants
  • Biological Additives

• Application Outlook (Revenue, USD Million; 2019-2032)

  • Crude Oil
  • Heavy Asphaltic Crude
  • Multiphase Liquid
  • Refined Products

Regional Analysis of the Drag Reduction Agent Market  :

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Key Questions Answered in the Report:

• What is the growth rate of the Drag Reduction Agent Market ? What is the anticipated market valuation of Drag Reduction Agent Market  industry by 2032?
• What are the key growth driving and restraining factors of the Drag Reduction Agent Market ?
• Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
• What are the key opportunities and growth prospects of the Drag Reduction Agent Market industry over the forecast period?
• Which region is expected to show significant growth in the coming years?

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TOC of the global Drag Reduction Agent Market report:

Chapter 1, describes the Drag Reduction Agent Market  Introduction, market overview, product offerings, growth opportunities, market risks, driving forces, and challenges.

Chapter 2, analyzes the key manufacturers of Drag Reduction Agent Market , along with the sales, revenue, and price of Drag Reduction Agent Market , in the forecast period.

Chapter 3, studies the competitive situation among the major manufacturers and vendors, with sales, revenue, and market share.

Chapter 4, analyzes the global market by regions, with sales, revenue, and market share of Drag Reduction Agent Market, for each region, from 2020 to 2032.

Chapters 5, 6, 7, 8 and 9, analyze the Drag Reduction Agent Market  by type, application, regions, and manufacturers, with sales, revenue, and market share by key countries in these regions…Continued

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