The latest market analysis report by Reports and Data is titled ‘Global Drag Reduction Agent Market – Forecast to 2027. The report offers a comprehensive view of the Drag Reduction Agent market, elaborating on the industry’s key segments. In this report, Reports and Data’s team of market researchers has provided details on the key market dynamics, including market revenue growth drivers, restraints, trends, opportunities, supply demand ratios, shifting consumer tastes preferences, changing production consumption patterns, and technological breakthroughs. The market research report sheds light on the key challenges and barriers to industry revenue growth, such as stringent government regulations and policies and potential market threats and risks. Key regional markets encompassed in the report are North America, Europe, Asia Pacific, Latin America, and the Middle East Africa. Moreover, the current market positions of the top industry players have been assessed in this report using advanced analytical methods such as SWOT analysis, Porter’s Five Forces analysis, and PESTLE analysis.
Top Companies Operating in the Global Drag Reduction Agent Market:
Baker Hughes, National Petroleum Corporation, Partow Ideh Pars., Oil Flux Americas, NuGenTec, Innospec, Lubrizol Specialty Products Inc., The Zoranoc Oilfield Chemical, and Flowchem
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Major Factors Contributing to the Global Materials and Chemicals Market Revenue Growth
The global materials chemicals market revenue growth is primarily attributed to factors such as fast-paced industrialization across the globe, rising demand for essential consumer goods (including packaged foods beverages, personal care cosmetic products, and household hygiene products), and increasing applications of raw materials and chemicals in a wide range of industries including the buildings construction, food beverage, pharmaceutical, agriculture, and textile industries. Other important factors contributing to the global market revenue growth are increasing industrial applications of specialty chemicals, growing use of high-performance, organic agrochemicals in the agriculture industry, rising environmental concerns among the population, growing need for environmentally friendly and sustainable raw materials and chemicals, and increasing government investments in the materials chemicals industry.
Table of Contents:
- Report Overview
1.1 Research Scope
1.2 Key Drag Reduction Agent market segments
1.3 Major players
1.4 Market analysis by product type
1.5 Market analysis by application
1.6 Report timeline - Global Growth Trends
2.1 Global Drag Reduction Agent market size
2.2 Latest regional market trends
2.3 Emerging growth trends - Competitive Outlook
3.1 Global Drag Reduction Agent market key players
3.2 Global Drag Reduction Agent size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Drag Reduction Agent market
3.5 Mergers, acquisitions, joint ventures, and other strategic alliances
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Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
Drag Reduction Agent Market Segmentation
Product Type Outlook (Revenue USD Million; Volume in Tons, 2017-2027)
- High Viscosity Glue
- Low Viscosity Glue
- Rubber Latex
Application Outlook (Revenue USD Million; Volume in Tons, 2017-2027)
- Crude Oil
- Irrigation
- Blood Treatment
- Chemical Transportation
- Others
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