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Drag Reduction Agent Market Expected to Record Growth with Rapidly Growing Industry Forecast Period until 2026

According to the current analysis of Reports and Data, the global DRA market was valued at USD 930.4 million in 2018 and is expected to reach USD 2.04 Billion by year 2026, at a CAGR of 10.2%.

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Drag Reduction Agent Market Expected to Record Growth with Rapidly Growing Industry Forecast Period until 2026

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  1. Drag Reduction Agent Market To Reach USD 2.04 Billion By 2026

  2. Market Summary According to the current analysis of Reports and Data, the global DRA market was valued at USD 930.4 million in 2018 and is expected to reach USD 2.04 Billion by year 2026, 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. DRA market is that it largely depends on other industries like oil & gas fracturing, which is its primary restraining factor. This implies that as the oil & gas industry fluctuates so will the DRA market. Since numerous corporations are shifting towards environmental-friendly practices, the oil & gas industry is predicted to fall, therefore hampering this market. • Further key findings from the report suggest: • Currently, the market is estimated at USD 930.4 million and is predicted to grow at a CAGR of 10.2%, forecasting global valuation at 2.04 Billion USD in 2026. • The major driving forces are the growth in oil & gas expeditions, chemical refinement, and agricultural activities. All these activities involve the passing of some sort of fluid through a tube which is where DRA’s come into play. It reduces the friction inside the pipe, allowing efficient flow of fluid through these tubes.

  3. Market Summary Key Players: Baker Hughes, PartowIdeh 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 Segmentation: Product Type (Revenue USD Million; Volume in Tons, 2016-2026) High Viscosity Glue Low Viscosity Glue Rubber Latex Application Outlook (Revenue USD Million; Volume in Tons, 2016-2026) Crude Oil Irrigation Blood Treatment Chemical Transportation Other Application Fill in your details to get your hands on an Exclusive Sample of this Report @ https://www.reportsanddata.com/sample-enquiry-form/2112

  4. Market Summary Regional Outlook for Industrial FiltersMarket analyses the following geographies: North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) Avail this report at Attractive Discount rates! Click here to know more @ https://www.reportsanddata.com/discount-enquiry-form/2112

  5. Major highlights of the report: • An all-inclusive evaluation of the parent market • The evolution of significant market aspects • Industry-wide investigation of market segments • Assessment of the market value and volume in the past, present and forecast years • Market share evaluation • Study of niche industrial sectors • Tactical approaches of the market leaders • Lucrative strategies to help companies strengthen their position in the market

  6. About Us 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. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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