Drag Reducing Agent Market Size & Share, by Type (Polymer, Surfactant); End-user (Petrochemical, Oil and Gas, Water Treatment) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 5221
  • Published Date: Sep 07, 2023
  • Report Format: PDF, PPT

Companies Dominating the Drag Reducing Agent Landscape

    • Nalco Champion (Ecolab Inc.)
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Baker Hughes
    • Innospec Inc.
    • Lubrizol Corporation
    • Halliburton
    • Clariant AG
    • Schlumberger Limited
    • The Dow Chemical Company
    • Flowchem
    • Croda International Plc

Browse Key Market Insights with Data Illustration:


In The News

  • Baker Hughes and Avports announced an agreement to develop lower-carbon energy solutions for the airport industry. The agreement will focus on developing sustainable technologies and practices for airport operations, including electric ground support equipment, renewable energy, and energy efficiency measures.
  •  Baker Hughes announced that its board of directors has declared a quarterly dividend of $0.17 per share. The dividend is payable on September 15, 2023, to shareholders of record on August 15, 2023.

Author Credits:  Smruti Ranjan, Rajrani Baghel

  • Report ID: 5221
  • Published Date: Sep 07, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing demand for oil and gas is the major factor driving the market growth.

The market size of drag reducing agent is anticipated to attain a CAGR of 8% over the forecast period, i.e., 2023 – 2035.

The major players in the market are Nalco Champion (Ecolab Inc.), Baker Hughes, Innospec Inc., Lubrizol Corporation, Halliburton, Clariant AG, and others.

The petrochemicals segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
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