Drag Reducing Additives (DRA) Market
Drag Reducing Additives (DRA) Market Global Industry Assessment & Forecast
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
Table of Content:
- Chapter No. 1: Introduction
- Report Scope
- Objectives of the Study
- USP & Key Offerings
- Target Audience
- Vantage Market Research Report Guidance/Walk-through
- Chapter No. 2: Premium Insights
- Market Snapshot
- Top Investment Pockets
- Market Attractiveness Analysis, By Type
- Market Attractiveness Analysis, By Application
- Market Attractiveness Analysis, By North America
- Insights from Primary Respondents
- Chapter No. 3: Key Market Dynamics
- Introduction
- Market Drivers
- Market Restraints
- Market Opportunities
- Porter’s Five Forces Analysis
- PEST Analysis
- Regulatory Landscape
- Technology Landscape
- Regional Market Trends
- Pricing Analysis
- Patent Analysis
- Value Chain Analysis
- Downstream Buyers
- Distributors/Traders List
- Chapter No. 4: Competitive Landscape
- Competition Matrix – 2020
- Company Market Share Analysis – 2020
- Company Market Share, 2020
- Company Market Revenue, 2017 – 2020 (USD Million)
- Company Y-o-Y Growth, 2018 – 2020 (%)
- Strategic Developments
- CAcquisitions & Mergers
- New Product Launch
- New Product Launch
- New Product Launch
- Chapter No. 5: COVID 19 Impact Analysis
- Impact Assessment of COVID-19 Pandemic, By North America
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Quarterly Market Revenue Forecast by North America 2020 & 2021
- Pre COVID-19 Market Revenue, By North America, 2016-2019 (USD Million)
- Post COVID-19 Market Revenue, By North America, 2020-2028 (USD Million)
- Key Strategies Undertaken by Companies to Tackle COVID-19
- Short Term Dynamics
- Long Term Dynamics
- Impact Assessment of COVID-19 Pandemic, By North America
- Chapter No. 6: Global Drag Reducing Additives (DRA) Market - Segment Analysis
- Overview
- Global Drag Reducing Additives (DRA) Market, 2016 – 2028 (USD Million)
- Global Market Revenue, By North America, 2020 & 2028
- Global Market Revenue, By North America, 2020 & 2028
- Global Market Revenue, By North America, 2020 & 2028
- Global Keyword Market - By Application
- Overview
- Global Keyword Market - By North America
- Overview
- Global Market Revenue, By North America, 2016 – 2028 (USD Million)
- Chapter No. 7: North America Drag Reducing Additives (DRA) Market - Segment Analysis
- Overview
- North America Drag Reducing Additives (DRA) Market, 2016 – 2028 (USD Million)
- North America Market, By Type
- North America Market Revenue, By Type, 2016 – 2028
- North America Market, By Application
- North America Market Revenue, By Application, 2016 – 2028
- North America Market, By
- North America Market Revenue, By , 2016 – 2028 (USD Million)
- Chapter No. 8: Europe Drag Reducing Additives (DRA) Market - Segment Analysis
- Overview
- Europe Drag Reducing Additives (DRA) Market, 2016 – 2028 (USD Million)
- Europe Market Revenue Share, By , 2020 & 2028
- Europe Market, By Type
- Europe Market Revenue, By Type, 2016 – 2028
- Europe Market, By Application
- Europe Market Revenue, By Application, 2016 – 2028
- Europe Market, By
- Europe Market Revenue, By , 2016 – 2028 (USD Million)
- Chapter No. 9: Asia Pacific Drag Reducing Additives (DRA) Market - Segment Analysis
- Overview
- Asia Pacific Drag Reducing Additives (DRA) Market, 2016 – 2028 (USD Million)
- Asia Pacific Market Revenue Share, By , 2020 & 2028
- Asia Pacific Market, By Type
- Asia Pacific Market Revenue, By Type, 2016 – 2028
- Asia Pacific Market, By Application
- Asia Pacific Market Revenue, By Application, 2016 – 2028
- Asia Pacific Market, By
- Asia Pacific Market Revenue, By , 2016 – 2028 (USD Million)
- Chapter No. 10: Latin America Drag Reducing Additives (DRA) Market - Segment Analysis
- Overview
- Latin America Drag Reducing Additives (DRA) Market, 2016 – 2028 (USD Million)
- Latin America Market Revenue Share, By , 2020 & 2028
- Latin America Market, By Type
- Latin America Market Revenue, By Type, 2016 – 2028
- Latin America Market, By Application
- Latin America Market Revenue, By Application, 2016 – 2028
- Latin America Market, By
- Latin America Market Revenue, By , 2016 – 2028 (USD Million)
- Chapter No. 11: Middle East & Africa Drag Reducing Additives (DRA) Market - Segment Analysis
- Overview
- Middle East & Africa Drag Reducing Additives (DRA) Market, 2016 – 2028 (USD Million)
- Middle East & Africa Market Revenue Share, By , 2020 & 2028
- Middle East & Africa Market, By Type
- Middle East & Africa Market Revenue, By Type, 2016 – 2028
- Middle East & Africa Market, By Application
- Middle East & Africa Market Revenue, By Application, 2016 – 2028
- Middle East & Africa Market, By
- Middle East & Africa Market Revenue, By , 2016 – 2028 (USD Million)
- Chapter No. 12: Marketing Strategy Analysis
- Marketing Channel
- Direct Marketing
- Indirect Marketing
- Marketing Channel Development Trends
- Economic/Political Environmental Change
- Chapter No. 13: Company Profiles
- Company
- Chapter No. 14: Research Methodology
- Research Methodology
- Phase I - Secondary Research
-
Phase II - Data Modeling
- Company Share Analysis Model
- Revenue Based Modeling
- Phase III - Primary Research
-
Research Limitations
- Research Limitations
FAQ
Frequently Asked Question
What is the global demand for Drag Reducing Additives (DRA) in terms of revenue?
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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?
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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?
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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?
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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?
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North America was the leading regional segment of the Drag Reducing Additives (DRA) in 2020.