Drag Reducing Additives (DRA) Market
Drag Reducing Additives (DRA) Market Global Industry Assessment & Forecast
#
Pages:
169
2021
Nov - 2021
VMR-2021-0266
Segments Covered
By
Type High Viscosity Glue, Low Viscosity Glue, Others
-
By
Application Oil and Gas Industry, Chemical Industry, Others
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
726 Million |
 Revenue 2028:
|
963.42 Million |
 Revenue CAGR
(2021 - 2028): |
3.6 |
Fastest Growing Region (2022 -
2028)
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
| Sr. No. | Offering | Report Coverage |
| 1. | Market Size | In terms of Revenue (USD Million) |
| 2. | Historic Data | 2015 to 2019 |
| 3. | Forecast Data | 2021 to 2028 |
| 4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
| 5. | Market Attractiveness Analysis | Yes |
| 6. | Segment Analysis | Maximum Segments |
| 7. | Regional Coverage | 5 Regions |
| 8. | Country Coverage | Top 22 Countries |
| 9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
| 10. | Porter’s Five Forces Analysis | Yes. |
| 11. | Value Chain Analysis | Yes |
| 12. | PEST Analysis | Yes |
| 13. | Regulatory Landscape | Yes |
| 14. | Technology Landscape | Yes |
| 15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
| 16. | Top startups to watch out for | Yes |
| 17. | Top 3 Trends to Watch | Yes |
| 18. | Top 3 Strategies Followed by Major Players | Yes |
| 19. | Top 3 Predictions by Vantage Market Research | Yes |
| 20. | Discussion Guide | Yes |
| 21. | Key Primary Respondents - VERBATIM | Yes |
| 22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
| 23. | Others/Miscellaneous | |
FAQ
Frequently Asked Question
What is the global demand for Drag Reducing Additives (DRA) in terms of revenue?
-
The global Drag Reducing Additives (DRA) valued at 726 Million in 2020 and is expected to reach 963.42 Million in 2028 growing at a CAGR of 3.6%.
Which are the prominent players in the market?
-
The prominent players in the market are Baker Hughes, Qflo, LiquidPower Specialty Products, DESHI, Sino Oil King Shine Chemical, Superchem Technology, NuGenTec, Flowchem, Oil Flux Americas, Innospec, The Zoranoc Oilfield Chemical..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 3.6% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Drag Reducing Additives (DRA) include
- The increasing demand from oil & gas industry is anticipated to augment the growth of the drag reducing additives (DRA) market during the forecast period.
- The increase in benefits like reduce in the friction inside the pipe which allows efficient flow of fluid through these tubes in order to give proper output is expected to increase the demand for drag reducing additives (DRA) market in the near future.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Drag Reducing Additives (DRA) in 2020.
