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CRUDE OIL FLOW IMPROVERS MARKET ANALYSIS

Crude Oil Flow Improvers Market, By Product Type (Paraffin Inhibitors, Asphaltene Inhibitors, Scale Inhibitors, Drag Reducing Agent, Emulsion Breakers, Biocides, Pour Point, Depressants, Free Flow/Anticaking Agents, and Others (Hydrate Inhibitors, Wax Dispersants, etc.), By Application (Extraction, Pipeline, and Refinery), and By Region (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Crude Oil Flow Improvers MarketSize and Trends

Global crude oil flow improvers market was valued at US$ 1,587 million in 2022, and is expected to reach US$ 2,398.8 million,  exhibiting a CAGR of 5.3% from 2023 to 2030. Global crude oil flow improvers market is focused on  boosting production of crude oil across the globe. Increasing hydraulic fracturing activities, surging demand of crude oil, rising investment for the development of advanced and technical products are some of the factors that can drive growth of global crude oil flow improvers market during the forecast period of 2023-2030. Increasing production from renewable resources and rising research activities will create new and ample opportunities for growth of global crude oil flow improvers market during the forecast period.

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