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According to the current analysis of Reports and Data, the global DRA market was valued at USD 930.4 Million in 2019 and is expected to reach USD 2.24 Billion by year 2028, at a CAGR of 10.2%. The study segments the global DRA market based on product type, product, application, and end-use. The research takes a closer look at prominent driving factors responsible for this 10.2% CAGR. The study also analyses the market share of each region, company, and product. The report also presents constraints, opportunities, threats, challenges, and Investment opportunities prevailing in the market.
The latest industry analysis report offers in-depth information regarding the key segments and sub-segments of the global Drag Reduction Agent industry and emphasizes the current pandemic situation that has significantly disrupted the industry’s growth trend. Key dynamics impacting market growth include drivers, restraints, opportunities, supply & demand ratios, emerging market trends, technological innovations, and value chain analysis. The report further highlights some major challenges, imminent risks and threats, and stringent government policies and regulations that are expected to impede market growth during the forecast period. The report is aimed at enabling readers to gain deep insights into the global Drag Reduction Agent market and its core mechanism and capitalize on the favorable market growth prospects. It further offers a concise summary of the Drag Reduction Agent market’s intensely competitive landscape and lists down the leading players in the market. This section of the report also highlights the strategic initiatives undertaken by these players for long-term business growth.
Receive a sample copy of the global Drag Reduction Agent market report, visit @ https://www.reportsanddata.com/sample-enquiry-form/2112
Baker Hughes, Partow Ideh Pars., LiquidPower Specialty Products Inc., Oil Flux Americas, NuGenTec, Innospec, Lubrizol Specialty Products Inc., Sino Oil King Shine Chemical, Flowchem, National Petroleum Corporation, and The Zoranoc Oilfield Chemical are dominating players in the market and are the companies considered for this report.
Drag Reduction Agent Industry Overview
The global materials & chemicals industry revenue growth can be majorly attributed to increasing demand for essential consumer goods including soaps, detergents, and beauty & personal care products worldwide, rising preference for sustainable and eco-friendly raw materials, and growing use of advanced chemicals and raw materials in industries including agriculture, food & beverage industries, buildings & construction, automotive, packaging, and manufacturing industries. Other major factors driving growth of this industry are rising pollution levels, increasing environmental awareness, increasing use of technologically advanced chemicals and materials, and rising demand for organic materials.
Product Type (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
· Other Application
Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/2112
Global Drag Reduction Agent Market Segmentation: Regional Outlook
§ North America
o U.S.
o Canada
§ Latin America
o Brazil
o Argentina
o Peru
o Mexico
§ Asia Pacific
o India
o China
o Japan
o Australia
o Rest of Asia Pacific
§ Europe
o U.K.
o Germany
o France
o Italy
o Spain
§ Middle East & Africa
o Saudi Arabia
o South Africa
o U.A.E
o Rest of Middle East & Africa
Request a customized copy of the report @ https://www.reportsanddata.com/request-customization-form/2112
Thank you for reading our report. To know more about the customization or any query about the report contents, please connect with us and our team will ensure the report is tailored to meet your requirements.
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About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
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