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
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Executive Dashboard
- Strategic Imperatives
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Premium Insights
- Top 3 Trends to Watch
- Demand and Supply Trends
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- Top 3 Predictions by Vantage Market Research
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Global Drag Reducing Additives (DRA) Market - Segment Analysis
- Overview
- Global Drag Reducing Additives (DRA) Market, 2016 - 2028 (USD Million)
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Global Drag Reducing Additives (DRA) Market - by Application
- By Oil & Gas Industry
- By Chemical Industry
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Global Drag Reducing Additives (DRA) Market - by Fuel Type
- By High Viscosity Glue
- By Low Viscosity Glue
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Global Drag Reducing Additives (DRA) Market - by region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Market comparative analysis
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North America Drag Reducing Additives (DRA) Market - Segment Analysis
- Overview
- North America Drag Reducing Additives (DRA) Market, 2016 - 2028 (USD Million)
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North America Drag Reducing Additives (DRA) Market, by Application
- By Oil & Gas Industry
- By Chemical Industry
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North America Drag Reducing Additives (DRA) Market, by Fuel Type
- By High Viscosity Glue
- By Low Viscosity Glue
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North America Drag Reducing Additives (DRA) Market, by Country
- U.S.
- U.S. Drag Reducing Additives (DRA) Market, By Application
- By Oil & Gas Industry
- By Chemical Industry
- U.S. Drag Reducing Additives (DRA) Market, By Fuel Type
- By High Viscosity Glue
- By Low Viscosity Glue
- U.S. Drag Reducing Additives (DRA) Market, By Application
- Canada
- Canada Drag Reducing Additives (DRA) Market, By Application
- By Oil & Gas Industry
- By Chemical Industry
- Canada Drag Reducing Additives (DRA) Market, By Fuel Type
- By High Viscosity Glue
- By Low Viscosity Glue
- Canada Drag Reducing Additives (DRA) Market, By Application
- Mexico
- Mexico Drag Reducing Additives (DRA) Market, By Application
- By Oil & Gas Industry
- By Chemical Industry
- Mexico Drag Reducing Additives (DRA) Market, By Fuel Type
- By High Viscosity Glue
- By Low Viscosity Glue
- Mexico Drag Reducing Additives (DRA) Market, By Application
- U.S.
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Europe Drag Reducing Additives (DRA) Market - Segment Analysis
- Overview
- Europe Drag Reducing Additives (DRA) Market, 2016 - 2028 (USD Million)
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Europe Drag Reducing Additives (DRA) Market, by Application
- By Oil & Gas Industry
- By Chemical Industry
-
Europe Drag Reducing Additives (DRA) Market, by Fuel Type
- By High Viscosity Glue
- By Low Viscosity Glue
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Europe Drag Reducing Additives (DRA) Market, by Country
- Germany
- Germany Drag Reducing Additives (DRA) Market, By Application
- By Oil & Gas Industry
- By Chemical Industry
- Germany Drag Reducing Additives (DRA) Market, By Fuel Type
- By High Viscosity Glue
- By Low Viscosity Glue
- Germany Drag Reducing Additives (DRA) Market, By Application
- UK
- UK Market, By Application
- By Oil & Gas Industry
- By Chemical Industry
- UK Market, By Fuel Type
- By High Viscosity Glue
- By Low Viscosity Glue
- UK Market, By Application
- France
- France Drag Reducing Additives (DRA) Market, By Application
- By Oil & Gas Industry
- By Chemical Industry
- France Drag Reducing Additives (DRA) Market, By Fuel Type
- By High Viscosity Glue
- By Low Viscosity Glue
- France Drag Reducing Additives (DRA) Market, By Application
- Spain
- Spain Drag Reducing Additives (DRA) Market, By Application
- By Oil & Gas Industry
- By Chemical Industry
- Spain Drag Reducing Additives (DRA) Market, By Fuel Type
- By High Viscosity Glue
- By Low Viscosity Glue
- Spain Drag Reducing Additives (DRA) Market, By Application
- Italy
- Italy Drag Reducing Additives (DRA) Market, By Application
- By Oil & Gas Industry
- By Chemical Industry
- Italy Drag Reducing Additives (DRA) Market, By Fuel Type
- By High Viscosity Glue
- By Low Viscosity Glue
- Italy Drag Reducing Additives (DRA) Market, By Application
- BENELUX
- BENELUX Drag Reducing Additives (DRA) Market, By Application
- By Oil & Gas Industry
- By Chemical Industry
- BENELUX Drag Reducing Additives (DRA) Market, By Fuel Type
- By High Viscosity Glue
- By Low Viscosity Glue
- BENELUX Drag Reducing Additives (DRA) Market, By Application
- Rest of Europe
- Rest Of Europe Drag Reducing Additives (DRA) Market, By Application
- By Oil & Gas Industry
- By Chemical Industry
- Rest Of Europe Drag Reducing Additives (DRA) Market, By Fuel Type
- By High Viscosity Glue
- By Low Viscosity Glue
- Rest Of Europe Drag Reducing Additives (DRA) Market, By Application
- Germany
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Asia Pacific Drag Reducing Additives (DRA) Market - Segment Analysis
- Overview
- Asia Pacific Drag Reducing Additives (DRA) Market, 2016 - 2028 (USD Million)
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Asia Pacific Drag Reducing Additives (DRA) Market, by Application
- By Oil & Gas Industry
- By Chemical Industry
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Asia Pacific Drag Reducing Additives (DRA) Market, by Fuel Type
- By High Viscosity Glue
- By Low Viscosity Glue
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Asia Pacific Drag Reducing Additives (DRA) Market, by Country
- China
- China Drag Reducing Additives (DRA) Market, By Application
- By Oil & Gas Industry
- By Chemical Industry
- China Drag Reducing Additives (DRA) Market, By Fuel Type
- By High Viscosity Glue
- By Low Viscosity Glue
- China Drag Reducing Additives (DRA) Market, By Application
- Japan
- Japan Drag Reducing Additives (DRA) Market, By Application
- By Oil & Gas Industry
- By Chemical Industry
- Japan Drag Reducing Additives (DRA) Market, By Fuel Type
- By High Viscosity Glue
- By Low Viscosity Glue
- Japan Drag Reducing Additives (DRA) Market, By Application
- India
- India Drag Reducing Additives (DRA) Market, By Application
- By Oil & Gas Industry
- By Chemical Industry
- India Drag Reducing Additives (DRA) Market, By Fuel Type
- By High Viscosity Glue
- By Low Viscosity Glue
- India Drag Reducing Additives (DRA) Market, By Application
- South Korea
- South Korea Drag Reducing Additives (DRA) Market, By Application
- By Oil & Gas Industry
- By Chemical Industry
- South Korea Drag Reducing Additives (DRA) Market, By Fuel Type
- By High Viscosity Glue
- By Low Viscosity Glue
- South Korea Drag Reducing Additives (DRA) Market, By Application
- South East Asia
- South East Asia Drag Reducing Additives (DRA) Market, By Application
- By Oil & Gas Industry
- By Chemical Industry
- South East Asia Drag Reducing Additives (DRA) Market, By Fuel Type
- By High Viscosity Glue
- By Low Viscosity Glue
- South East Asia Drag Reducing Additives (DRA) Market, By Application
- Rest of Asia Pacific
- Rest of Asia Pacific Drag Reducing Additives (DRA) Market, By Application
- By Oil & Gas Industry
- By Chemical Industry
- Rest of Asia Pacific Drag Reducing Additives (DRA) Market, By Fuel Type
- By High Viscosity Glue
- By Low Viscosity Glue
- Rest of Asia Pacific Drag Reducing Additives (DRA) Market, By Application
- China
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Latin America Drag Reducing Additives (DRA) Market - Segment Analysis
- Overview
- Latin America Drag Reducing Additives (DRA) Market, 2016 - 2028 (USD Million)
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Latin America Drag Reducing Additives (DRA) Market, by Application
- By Oil & Gas Industry
- By Chemical Industry
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Latin America Drag Reducing Additives (DRA) Market, by Fuel Type
- By High Viscosity Glue
- By Low Viscosity Glue
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Latin America Drag Reducing Additives (DRA) Market, by Country
- Brazil
- Brazil Drag Reducing Additives (DRA) Market, By Application
- By Oil & Gas Industry
- By Chemical Industry
- Brazil Drag Reducing Additives (DRA) Market, By Fuel Type
- By High Viscosity Glue
- By Low Viscosity Glue
- Brazil Drag Reducing Additives (DRA) Market, By Application
- Argentina
- Argentina Drag Reducing Additives (DRA) Market, By Application
- By Oil & Gas Industry
- By Chemical Industry
- Argentina Drag Reducing Additives (DRA) Market, By Fuel Type
- By High Viscosity Glue
- By Low Viscosity Glue
- Argentina Drag Reducing Additives (DRA) Market, By Application
- Rest of Latin America
- Rest of Latin America Drag Reducing Additives (DRA) Market, By Application
- By Oil & Gas Industry
- By Chemical Industry
- Rest of Latin America Drag Reducing Additives (DRA) Market, By Fuel Type
- By High Viscosity Glue
- By Low Viscosity Glue
- Rest of Latin America Drag Reducing Additives (DRA) Market, By Application
- Brazil
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Middle East & Africa Drag Reducing Additives (DRA) Market - Segment Analysis
- Overview
- Middle East & Africa Drag Reducing Additives (DRA) Market, 2016 - 2028 (USD Million)
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Middle East & Africa Drag Reducing Additives (DRA) Market, by Application
- By Oil & Gas Industry
- By Chemical Industry
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Middle East & Africa Drag Reducing Additives (DRA) Market, by Fuel Type
- By High Viscosity Glue
- By Low Viscosity Glue
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Middle East & Africa Drag Reducing Additives (DRA) Market, by Country
- GCC Countries
- GCC Countries Drag Reducing Additives (DRA) Market, By Application
- By Oil & Gas Industry
- By Chemical Industry
- GCC Countries Drag Reducing Additives (DRA) Market, By Fuel Type
- By High Viscosity Glue
- By Low Viscosity Glue
- GCC Countries Drag Reducing Additives (DRA) Market, By Application
- South Africa
- South Africa Drag Reducing Additives (DRA) Market, By Application
- By Oil & Gas Industry
- By Chemical Industry
- South Africa Drag Reducing Additives (DRA) Market, By Fuel Type
- By High Viscosity Glue
- By Low Viscosity Glue
- South Africa Drag Reducing Additives (DRA) Market, By Application
- Rest of Middle East & Africa
- Rest of Middle East & Africa Drag Reducing Additives (DRA) Market, By Application
- By Oil & Gas Industry
- By Chemical Industry
- Rest of Middle East & Africa Drag Reducing Additives (DRA) Market, By Fuel Type
- By High Viscosity Glue
- By Low Viscosity Glue
- Rest of Middle East & Africa Drag Reducing Additives (DRA) Market, By Application
- GCC Countries
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Key Market Dynamics
- Introduction
- Market Drivers
- Market Restraints
- Market Opportunities
- Porter's Five Forces Analysis
- PEST Analysis
- Regulatory Landscape
- Technology Landscape
- Regional Market Trends
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COVID 19 Impact Analysis
- Key strategies undertaken by companies to tackle COVID-19
- Short term dynamics
- Long term dynamics
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Marketing Stratagy Analysis
- Marketing Channel
- Direct Marketing
- Indirect Marketing
- Marketing Channel Development Trends
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Competative Landscape
- Competition Matrix - 2021
- Company Market Share Analysis - 2021
- Key Company Activities, 2018 - 2021
- Strategic Developments - Heat Map Analysis
- Company Offering Evaluation
- Company Regional Presence Evaluation
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Company Profiles
- 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
- Key Primary Respondents - VERBATIM
- Discussion Guide
- Customization Offered
- Annexure
- List of Figures
- List of Tables
- List of Abbreviations
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.