Nigeria Drag Reducing Agents Market (2025-2031) | Analysis, Companies, Value, Size & Revenue, Industry, Trends, Segmentation, Share, Forecast, Outlook, Competitive Landscape, Growth
Market Forecast By Drag Reducer Type (Polymers, Suspensions, Biological Additives, Surfactants), By Form (Liquid, Powder), By End-use (Oil & Gas, Civil Work, Fire Fighting, Marine, Irrigation, Biomedical, Chemical, Others) And Competitive Landscape
| Product Code: ETC8623470 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Nigeria Drag Reducing Agents Market Top 5 Importing Countries and Market Competition (HHI) Analysis
The import shipments of drag reducing agents in Nigeria in 2024 saw a shift in concentration from high to low, indicating a more diverse market. The top exporting countries to Nigeria include the USA, Metropolitan France, UK, UAE, and Spain. Despite a negative CAGR of -19.43% from 2020 to 2024, there was a steeper decline in growth rate from 2023 to 2024 at -27.68%. This suggests a challenging landscape for drag reducing agents imports in Nigeria, with implications for market dynamics and competition among key exporting nations.
Key Highlights of the Report:
- Nigeria Drag Reducing Agents Market Outlook
- Market Size of Nigeria Drag Reducing Agents Market, 2024
- Forecast of Nigeria Drag Reducing Agents Market, 2031
- Historical Data and Forecast of Nigeria Drag Reducing Agents Revenues & Volume for the Period 2021- 2031
- Nigeria Drag Reducing Agents Market Trend Evolution
- Nigeria Drag Reducing Agents Market Drivers and Challenges
- Nigeria Drag Reducing Agents Price Trends
- Nigeria Drag Reducing Agents Porter's Five Forces
- Nigeria Drag Reducing Agents Industry Life Cycle
- Historical Data and Forecast of Nigeria Drag Reducing Agents Market Revenues & Volume By Drag Reducer Type for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Drag Reducing Agents Market Revenues & Volume By Polymers for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Drag Reducing Agents Market Revenues & Volume By Suspensions for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Drag Reducing Agents Market Revenues & Volume By Biological Additives for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Drag Reducing Agents Market Revenues & Volume By Surfactants for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Drag Reducing Agents Market Revenues & Volume By Form for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Drag Reducing Agents Market Revenues & Volume By Liquid for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Drag Reducing Agents Market Revenues & Volume By Powder for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Drag Reducing Agents Market Revenues & Volume By End-use for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Drag Reducing Agents Market Revenues & Volume By Oil & Gas for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Drag Reducing Agents Market Revenues & Volume By Civil Work for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Drag Reducing Agents Market Revenues & Volume By Fire Fighting for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Drag Reducing Agents Market Revenues & Volume By Marine for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Drag Reducing Agents Market Revenues & Volume By Irrigation for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Drag Reducing Agents Market Revenues & Volume By Biomedical for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Drag Reducing Agents Market Revenues & Volume By Chemical for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Drag Reducing Agents Market Revenues & Volume By Others for the Period 2021- 2031
- Nigeria Drag Reducing Agents Import Export Trade Statistics
- Market Opportunity Assessment By Drag Reducer Type
- Market Opportunity Assessment By Form
- Market Opportunity Assessment By End-use
- Nigeria Drag Reducing Agents Top Companies Market Share
- Nigeria Drag Reducing Agents Competitive Benchmarking By Technical and Operational Parameters
- Nigeria Drag Reducing Agents Company Profiles
- Nigeria Drag Reducing Agents Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Nigeria Drag Reducing Agents Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Nigeria Drag Reducing Agents Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Nigeria Drag Reducing Agents Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Drag Reducing Agents Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Drag Reducing Agents Market - Industry Life Cycle |
3.4 Nigeria Drag Reducing Agents Market - Porter's Five Forces |
3.5 Nigeria Drag Reducing Agents Market Revenues & Volume Share, By Drag Reducer Type, 2021 & 2031F |
3.6 Nigeria Drag Reducing Agents Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Nigeria Drag Reducing Agents Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Nigeria Drag Reducing Agents Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for crude oil and natural gas production in Nigeria |
4.2.2 Growing investments in oil and gas infrastructure projects |
4.2.3 Government initiatives to boost the oil and gas sector in Nigeria |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in drag reducing agents |
4.3.2 Environmental concerns related to the use of chemicals in oil and gas production |
4.3.3 Competition from alternative technologies for reducing drag in pipelines |
5 Nigeria Drag Reducing Agents Market Trends |
6 Nigeria Drag Reducing Agents Market, By Types |
6.1 Nigeria Drag Reducing Agents Market, By Drag Reducer Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Drag Reducing Agents Market Revenues & Volume, By Drag Reducer Type, 2021- 2031F |
6.1.3 Nigeria Drag Reducing Agents Market Revenues & Volume, By Polymers, 2021- 2031F |
6.1.4 Nigeria Drag Reducing Agents Market Revenues & Volume, By Suspensions, 2021- 2031F |
6.1.5 Nigeria Drag Reducing Agents Market Revenues & Volume, By Biological Additives, 2021- 2031F |
6.1.6 Nigeria Drag Reducing Agents Market Revenues & Volume, By Surfactants, 2021- 2031F |
6.2 Nigeria Drag Reducing Agents Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Drag Reducing Agents Market Revenues & Volume, By Liquid, 2021- 2031F |
6.2.3 Nigeria Drag Reducing Agents Market Revenues & Volume, By Powder, 2021- 2031F |
6.3 Nigeria Drag Reducing Agents Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Drag Reducing Agents Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.3.3 Nigeria Drag Reducing Agents Market Revenues & Volume, By Civil Work, 2021- 2031F |
6.3.4 Nigeria Drag Reducing Agents Market Revenues & Volume, By Fire Fighting, 2021- 2031F |
6.3.5 Nigeria Drag Reducing Agents Market Revenues & Volume, By Marine, 2021- 2031F |
6.3.6 Nigeria Drag Reducing Agents Market Revenues & Volume, By Irrigation, 2021- 2031F |
6.3.7 Nigeria Drag Reducing Agents Market Revenues & Volume, By Biomedical, 2021- 2031F |
6.3.8 Nigeria Drag Reducing Agents Market Revenues & Volume, By Others, 2021- 2031F |
6.3.9 Nigeria Drag Reducing Agents Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria Drag Reducing Agents Market Import-Export Trade Statistics |
7.1 Nigeria Drag Reducing Agents Market Export to Major Countries |
7.2 Nigeria Drag Reducing Agents Market Imports from Major Countries |
8 Nigeria Drag Reducing Agents Market Key Performance Indicators |
8.1 Pipeline efficiency improvement rate |
8.2 Adoption rate of drag reducing agents in new pipeline projects |
8.3 Research and development investment in innovative drag reducing agent technologies |
9 Nigeria Drag Reducing Agents Market - Opportunity Assessment |
9.1 Nigeria Drag Reducing Agents Market Opportunity Assessment, By Drag Reducer Type, 2021 & 2031F |
9.2 Nigeria Drag Reducing Agents Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Nigeria Drag Reducing Agents Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Nigeria Drag Reducing Agents Market - Competitive Landscape |
10.1 Nigeria Drag Reducing Agents Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Drag Reducing Agents Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential assessment - trade Analytics for 2030
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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