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Transportation plays a vital role in transporting crude oil through pipelines in an efficient way. Transportation of crude oil in the cold region is very challenging as it thickens while traveling long distances. Therefore, it is important to maintain the viscosity of crude oil without compromising quality. Flow improvers are emerging as a subsidiary for the oil companies, providing suitable solutions from the reservoir to the refinery and maximizing production. Moreover, crude oil flow improvers (also known as drag reducers) help increase the flow rate, as well as flow within the pipeline, reducing turbulence. The growth of the crude oil flow improvers market is attributed to the increasing demand for crude oil worldwide. In 2019, the demand for crude oil was 100.1 million barrels per day and is expected to fall to 91.3 million barrels per day in 2020, owing to the economic and mobility impacts of the global pandemic (COVID-19), as well as widespread shutdowns worldwide. According to Statista, both China and the United States are the largest consumers of oil in the world, with 14 million and 19.4 million barrels per day, respectively. Read more @ https://coherentmarketinsights-blog.blogspot.com/2020/12/increasing-demand-for-crude-oil.html