Drag Reducing Additives (DRA) Market
Drag Reducing Additives (DRA) Market - Global Industry Assessment & Forecast
Segments Covered
- By Application Oil & Gas Industry, Chemical Industry
- By Fuel Type High Viscosity Glue, Low Viscosity Glue
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2023 |
Forecast Years: | 2024 - 2032 |
Historical Years: | 2018 - 2022 |
Revenue 2023: | USD 708.66 Million |
Revenue 2032: | USD 1095.8 Million |
Revenue CAGR (2024 - 2032): | 5.6% |
Fastest Growing Region (2024 - 2032) | xx |
Largest Region (2023): | xx |
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 | 2018 to 2022 |
3. | Forecast Data | 2024 to 2032 |
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?
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The global Drag Reducing Additives (DRA) valued at USD 708.66 Million in 2023 and is expected to reach USD 1095.8 Million in 2032 growing at a CAGR of 5.6%.
Which are the prominent players in the market?
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The prominent players in the market are Flowchem, LiquidPower Specialty Products, Innospec, Baker Hughes, Oil Flux Americas, NuGenTec, Sino Oil King Shine Chemical, DESHI, Qflo, Superchem Technology, The Zoranoc Oilfield Chemical, CNPC.
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 5.6% between 2024 and 2032.
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
Which region accounted for the largest share in the market?
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xx was the leading regional segment of the Drag Reducing Additives (DRA) in 2023.