A strong research methodology used in the widespread Viscosity Reducing Agents Market report consists of data models that include market overview and guide, vendor positioning grid, market time line analysis, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. In this report, a methodical SWOT analysis & investment analysis is performed which forecasts forthcoming opportunities for the market players. With the efficient use of technology, innovative applications and expertise, Viscosity Reducing Agents Market research report is structured which successfully manages large and complex market data tables. Businesses can thrive in this swiftly changing marketplace by adopting such market report.

The persuasive Viscosity Reducing Agents Market report helps effortlessly figure out brand awareness and perception of the brand and product among potential customers of the Viscosity Reducing Agents Market industry. Few aspects are kept into view while formulating this global market report and include the market type, organization size, availability on-premises, end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. The report estimates 2023-2030 market development trends for Viscosity Reducing Agents Market industry. Viscosity Reducing Agents Market analysis report puts on view significant product developments and tracks recent acquisitions, mergers and research in the Viscosity Reducing Agents Market industry by the key players.

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Viscosity reducing agents have attracted interest among market players which is committed to manufacture and deliver crude oil cost-effectively. In current years, the demand of viscosity reducing agents for extracting heavy and extra-heavy oil resources has increased in several developed and developing all over the globe. These agents play vital role in transporting, exploiting and refining processes in crude oil application and production during the forecast period.

Data Bridge Market Research analyses that the viscosity reducing agents market was valued at USD 150.1 million in 2021 and is expected to reach USD 225.17 million by 2029, registering a CAGR of 5.20% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Market Definition

Viscosity reducing agents are also well-known as drag reducing agents. These agents are additives in pipelines which reduces the turbulence in a pipe consequently rising the flow of fluids. These agents work as a pipeline booster or a flow improver. Viscosity reducing agents are normally composed high molecular weight polymers.

Drivers

• High usage of viscosity reducing agents in transportation

Viscosity reducing agents play a vital role to provide an effective and economic way of material transportation over the pipeline linkage in numerous industries. For instance, viscosity reducing agents play a vital role in the petrochemical sector in which transportation of viscous crude oil is carried out with the support of large pipeline networks. This will drive the growth rate of the viscosity reducing agents market during the forecast period.

• Increasing demand of viscosity reducing agents due to their nature

The viscosity reducing agents are non-polluting and non-toxic in nature due to this it finds their utilization across several industries. These viscosity reducing agents reduce the problem of choking in ducts and pipelines and increase the process efficiency and transportation.

• Growing usage ofviscosity reducing agents for several purposes

The principle on which these agents function is that these agents reduce the turbulence in the core and interfere with the bursting process. The polymers absorb the energy in the streak and work as a shock absorber hence reducing the turbulent bursts. Viscosity reducing agents also act as buffers along the pipe wall. These agents are essential and support the operators to upsurge flow in the pipeline. The major factor that drives the growth of the market share comprises the advantages from their use.

Global Viscosity Reducing Agents Market Scope

The viscosity reducing agents market is segmented on the basis of product type and end use industries. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

• Polymers
• Surfactants
• Dispersants
• Additive
• Others

End-Use Industries

• Oil and Gas
• Cement and Construction
• Paints and Coatings
• Rubber
• Others

Some of the major players operating in the viscosity reducing agents market are:

• The Lubrizol Corporation (U.S.)
• Ecolab (U.S.)
• Thomas Swan & Co. Ltd. (U.K.)
• NuGenTec, (U.S.)
• Chemamde, Jiangsu Jiahua advanced Materials Technology Co.,Ltd. (China)
• SRIVILAS HYDROTECH PVT LTD. (India)
• LiquidPower Specialty Products Inc. (U.S.)
• Baker Hughes Company (U.S.)
• Oil Flux (Spain)
• Deshi Energy Technology Group Co.,Ltd, (China)
• The Zoranoc Oilfield Chemical (China)
• Pflaumer Brothers, Inc. (U.S.
• ConocoPhillips Company (U.S.)
• Flowchem (India)
• Innospec (U.S.)
• Guidechem (China)
• China National Petroleum Corporation (China)

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The investment made in the study would provide you access to information such as:

• Viscosity Reducing Agents Market [Global Viscosity Reducing Agents Market – Broken-down into regions]
• Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa]
• Country wise Market Size Split [of important countries with major Viscosity Reducing Agents Market share]
• Market Share and Revenue/Sales by leading players
• Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter's Five Forces, etc.
• Market Size)
• Market Size by application/industry verticals
• Market Projections/Forecast

Why choose Data Bridge Market Research?

• Modern technologies, such as artificial intelligence, to provide updated industry growth.
• DBMR team provides clients with the top notch Viscosity Reducing Agents Market research report.
• Interaction with research scientists and development heads to understand the nature of the Viscosity Reducing Agents Market more precisely.
• 24/7 availability of services.
• Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective with Forecast period.

DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential Viscosity Reducing Agents Market size

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