Polymer Drag Reduction Agent Market
Polymer Drag Reduction Agent Market Scope: Industry Analysis, Market Size, Growth, Trends Till
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Polymer Drag Reduction Agent Market Size and Growth
The Polymer Drag Reduction Agent market is experiencing significant growth, driven by increasing demand in oil and gas sectors. Recent studies indicate a market size exceeding USD 1 billion, with a projected CAGR of over 5% through 2028. Key drivers include enhanced efficiency and environmental benefits in fluid transport applications.
Companies Covered
(Covid 19 Impact Covered)
◍ LiquidPower Specialty Products
◍ Flowchem
◍ GE(Baker Hughes)
◍ Innospec
◍ Oil Flux Americas
◍ NuGenTec
◍ Sino Oil King Shine Chemical
◍ DESHI
◍ Qflo
◍ Superchem Technology
◍ The Zoranoc Oilfield Chemical
◍ CNPC
The Polymer Drag Reduction Agent Market features key players like LiquidPower Specialty Products, Flowchem, and GE (Baker Hughes), which enhance fluid flow in pipelines. Companies improve efficiency and reduce operational costs by using polymers. The market experiences growth through innovation and expanded application in oil and gas sectors, boosting sales revenues.
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Market Segmentation
By Application
Oil and Gas
Cement and Construction
Paints and Coatings
Rubber
Food
Others
By Product
◍ High Viscosity Glue
Low Viscosity Glue
Rubber Latex
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Market Growth
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$ X Billion USD
