Polymer Drag Reduction Agent Market

The Latin America Polymer Drag Reduction Agent market size was valued at US$ 112 million in 2024 and is projected to reach US$ 159 million by 2030, at a CAGR of 6.0% during the forecast period 2024-2030.

Polymer drag reduction agents are chemical additives used to decrease turbulence in fluid flow, reducing friction and improving flow efficiency in pipelines, particularly in the oil and gas industry.

The Latin American polymer drag reduction agent market is experiencing moderate growth, driven by the oil and gas sector and water treatment applications. Brazil, Mexico, and Venezuela account for 75% of the regional market. In 2023, the crude oil transportation segment consumed 60% of polymer drag reduction agents in Latin America. The market saw a 12% increase in demand for biodegradable drag reducers in 2023, aligning with environmental regulations. Use in water distribution systems is growing at 8% annually. Key manufacturers are investing in developing high-efficiency drag reducers, with a 18% year-over-year increase in product performance improvements. The industry is also witnessing a trend towards multi-functional drag reduction agents, with a 25% rise in R&D projects combining drag reduction with corrosion inhibition properties.

Report Includes

Polymer Drag Reduction Agent Market is an essential reference for who looks for detailed information on Latin America Polymer Drag Reduction Agent. The report covers data on Latin America markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Latin America major vendors¡¯ information. In addition to the data part, the report also provides overview of Polymer Drag Reduction Agent, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.

Polymer Drag Reduction Agent Market aims to provide a comprehensive presentation of the Latin America Polymer Drag Reduction Agent, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Polymer Drag Reduction Agent. Polymer Drag Reduction Agent Market contains market size and forecasts of Polymer Drag Reduction Agent in Latin America, including the following market information:

We surveyed the Polymer Drag Reduction Agent manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

by Country

•    Brazil

•    Mexico

•    Argentina

•    Chile

•    Colombia

•    Peru

•    Venezuela

by Products type:

•    High Viscosity Glue

•    Low Viscosity Glue

•    Rubber Latex

by Application:

•    Oil and Gas

•    Cement and Construction

•    Paints and Coatings

•    Rubber

•    Food

•    Others

key players include: (At least 8-10 companies included)

•    BASF SE

•    The Lubrizol Corporation

•    Solvay

•    Evonik Industries AG

•    Akzo Nobel N.V.

•    Clariant

•    Dow Chemical Company

•    Arkema Group

•    Kemira

•    Ashland

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•    Key companies Polymer Drag Reduction Agent revenues in Latin America market, 2019-2024 (Estimated), ($ millions)

•    Key companies Polymer Drag Reduction Agent revenues share in Latin America market, 2023 (%)

•    Key companies Polymer Drag Reduction Agent sales in Latin America market, 2019-2024 (Estimated),

•    Key companies Polymer Drag Reduction Agent sales share in Latin America market, 2023 (%)

Key Points of this Report:

•    The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis

•    The report covers Latin America and country-wise market of Polymer Drag Reduction Agent

•    It describes present situation, historical background and future forecast

•    Comprehensive data showing Polymer Drag Reduction Agent capacities, production, consumption, trade statistics, and prices in the recent years are provided

•    The report indicates a wealth of information on Polymer Drag Reduction Agent manufacturers

•    Polymer Drag Reduction Agent forecast for next five years, including market volumes and prices is also provided

•    Raw Material Supply and Downstream Consumer Information is also included

•    Any other user's requirements which is feasible for us

Reasons to Purchase this Report:

•    Analyzing the outlook of the market with the recent trends and SWOT analysis

•    Market dynamics scenario, along with growth opportunities of the market in the years to come

•    Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects

•    Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.

•    Market value (USD Million) and volume (Units Million) data for each segment and sub-segment

•    Distribution Channel sales Analysis by Value

•    Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

•    Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

•    1-year analyst support, along with the data support in excel format.