The global market for Drag Reducing Agent was estimated to be worth US$ 661 million in 2024 and is forecast to a readjusted size of US$ 1131 million by 2031 with a CAGR of 8.1% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Drag Reducing Agent cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Drag reducers, also known as drag reducing agents (DRA) and flow improvers, are any material that reduces frictional pressure loss during fluid flow in a conduit or pipeline. Pressure loss reduction is achieved by reducing the level of turbulent motion in the flow. Using DRA allows increased flow using the same amount of energy or decreased pressure drop for the same flow rate of fluid in pipelines. In 2024, global Drag Reducing Agent production reached approximately 145 K MT, with an average global market price of around US$ 4551 per MT.
The drag reducing agent (DRA) market is driven by the increasing demand for pipeline efficiency in transporting crude oil, refined products, and other liquids over long distances. These chemical additives reduce turbulence and friction within pipelines, enabling operators to increase throughput, lower pumping costs, and extend the lifespan of infrastructure. The oil and gas sector remains the largest consumer, with applications spanning crude oil pipelines, multi-product pipelines, and refined fuel transport. Growth is further supported by rising global energy demand, expansion of cross-border pipeline projects, and the need for cost-effective solutions in both mature and emerging markets.
In addition to oil and gas, the market is seeing gradual adoption in other industries such as water transportation, chemicals, and agriculture, where efficient fluid transfer is increasingly prioritized. North America and the Middle East are key regions due to extensive pipeline networks and ongoing investment in energy infrastructure, while Asia-Pacific is expected to post faster growth driven by industrialization and urbanization. However, market expansion faces challenges including the high cost of advanced formulations, potential environmental concerns over chemical use, and reliance on volatile oil and gas sector cycles. Nonetheless, ongoing research into eco-friendly and more efficient DRAs is creating opportunities for innovation and broader application.
This report aims to provide a comprehensive presentation of the global market for Drag Reducing Agent, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Drag Reducing Agent by region & country, by Type, and by Application.
The Drag Reducing Agent market size, estimations, and forecasts are provided in terms of sales volume (Kilotons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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 Drag Reducing Agent.
Market Segmentation
By Company
- LiquidPower Specialty Products
- Flowchem
- Baker Hughes
- Innospec
- Oil Flux Americas
- NuGenTec
- Sino Oil King Shine Chemical
- DESHI
- Qflo
- Superchem Technology
- The Zoranoc Oilfield Chemical
- CNPC
Segment by Type
- Oil-soluble Drag Reducing Agent
- Water-soluble Drag Reducing Agent
Segment by Application
- Oil & Gas Industry
- Chemical Transportation
- Others
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Drag Reducing Agent manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Drag Reducing Agent in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Drag Reducing Agent in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Drag Reducing Agent Product Introduction
- 1.2 Global Drag Reducing Agent Market Size Forecast
- 1.2.1 Global Drag Reducing Agent Sales Value (2020-2031)
- 1.2.2 Global Drag Reducing Agent Sales Volume (2020-2031)
- 1.2.3 Global Drag Reducing Agent Sales Price (2020-2031)
- 1.3 Drag Reducing Agent Market Trends & Drivers
- 1.3.1 Drag Reducing Agent Industry Trends
- 1.3.2 Drag Reducing Agent Market Drivers & Opportunity
- 1.3.3 Drag Reducing Agent Market Challenges
- 1.3.4 Drag Reducing Agent Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Drag Reducing Agent Players Revenue Ranking (2024)
- 2.2 Global Drag Reducing Agent Revenue by Company (2020-2025)
- 2.3 Global Drag Reducing Agent Players Sales Volume Ranking (2024)
- 2.4 Global Drag Reducing Agent Sales Volume by Company Players (2020-2025)
- 2.5 Global Drag Reducing Agent Average Price by Company (2020-2025)
- 2.6 Key Manufacturers Drag Reducing Agent Manufacturing Base and Headquarters
- 2.7 Key Manufacturers Drag Reducing Agent Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of Drag Reducing Agent
- 2.9 Drag Reducing Agent Market Competitive Analysis
- 2.9.1 Drag Reducing Agent Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by Drag Reducing Agent Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Drag Reducing Agent as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Oil-soluble Drag Reducing Agent
- 3.1.2 Water-soluble Drag Reducing Agent
- 3.2 Global Drag Reducing Agent Sales Value by Type
- 3.2.1 Global Drag Reducing Agent Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Drag Reducing Agent Sales Value, by Type (2020-2031)
- 3.2.3 Global Drag Reducing Agent Sales Value, by Type (%) (2020-2031)
- 3.3 Global Drag Reducing Agent Sales Volume by Type
- 3.3.1 Global Drag Reducing Agent Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global Drag Reducing Agent Sales Volume, by Type (2020-2031)
- 3.3.3 Global Drag Reducing Agent Sales Volume, by Type (%) (2020-2031)
- 3.4 Global Drag Reducing Agent Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Oil & Gas Industry
- 4.1.2 Chemical Transportation
- 4.1.3 Others
- 4.2 Global Drag Reducing Agent Sales Value by Application
- 4.2.1 Global Drag Reducing Agent Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Drag Reducing Agent Sales Value, by Application (2020-2031)
- 4.2.3 Global Drag Reducing Agent Sales Value, by Application (%) (2020-2031)
- 4.3 Global Drag Reducing Agent Sales Volume by Application
- 4.3.1 Global Drag Reducing Agent Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global Drag Reducing Agent Sales Volume, by Application (2020-2031)
- 4.3.3 Global Drag Reducing Agent Sales Volume, by Application (%) (2020-2031)
- 4.4 Global Drag Reducing Agent Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global Drag Reducing Agent Sales Value by Region
- 5.1.1 Global Drag Reducing Agent Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Drag Reducing Agent Sales Value by Region (2020-2025)
- 5.1.3 Global Drag Reducing Agent Sales Value by Region (2026-2031)
- 5.1.4 Global Drag Reducing Agent Sales Value by Region (%), (2020-2031)
- 5.2 Global Drag Reducing Agent Sales Volume by Region
- 5.2.1 Global Drag Reducing Agent Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global Drag Reducing Agent Sales Volume by Region (2020-2025)
- 5.2.3 Global Drag Reducing Agent Sales Volume by Region (2026-2031)
- 5.2.4 Global Drag Reducing Agent Sales Volume by Region (%), (2020-2031)
- 5.3 Global Drag Reducing Agent Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America Drag Reducing Agent Sales Value, 2020-2031
- 5.4.2 North America Drag Reducing Agent Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe Drag Reducing Agent Sales Value, 2020-2031
- 5.5.2 Europe Drag Reducing Agent Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Drag Reducing Agent Sales Value, 2020-2031
- 5.6.2 Asia Pacific Drag Reducing Agent Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America Drag Reducing Agent Sales Value, 2020-2031
- 5.7.2 South America Drag Reducing Agent Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Drag Reducing Agent Sales Value, 2020-2031
- 5.8.2 Middle East & Africa Drag Reducing Agent Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Drag Reducing Agent Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Drag Reducing Agent Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Drag Reducing Agent Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions Drag Reducing Agent Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States Drag Reducing Agent Sales Value, 2020-2031
- 6.3.2 United States Drag Reducing Agent Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Drag Reducing Agent Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Drag Reducing Agent Sales Value, 2020-2031
- 6.4.2 Europe Drag Reducing Agent Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Drag Reducing Agent Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Drag Reducing Agent Sales Value, 2020-2031
- 6.5.2 China Drag Reducing Agent Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Drag Reducing Agent Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Drag Reducing Agent Sales Value, 2020-2031
- 6.6.2 Japan Drag Reducing Agent Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Drag Reducing Agent Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Drag Reducing Agent Sales Value, 2020-2031
- 6.7.2 South Korea Drag Reducing Agent Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Drag Reducing Agent Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Drag Reducing Agent Sales Value, 2020-2031
- 6.8.2 Southeast Asia Drag Reducing Agent Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Drag Reducing Agent Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Drag Reducing Agent Sales Value, 2020-2031
- 6.9.2 India Drag Reducing Agent Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Drag Reducing Agent Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 LiquidPower Specialty Products
- 7.1.1 LiquidPower Specialty Products Company Information
- 7.1.2 LiquidPower Specialty Products Introduction and Business Overview
- 7.1.3 LiquidPower Specialty Products Drag Reducing Agent Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 LiquidPower Specialty Products Drag Reducing Agent Product Offerings
- 7.1.5 LiquidPower Specialty Products Recent Development
- 7.2 Flowchem
- 7.2.1 Flowchem Company Information
- 7.2.2 Flowchem Introduction and Business Overview
- 7.2.3 Flowchem Drag Reducing Agent Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 Flowchem Drag Reducing Agent Product Offerings
- 7.2.5 Flowchem Recent Development
- 7.3 Baker Hughes
- 7.3.1 Baker Hughes Company Information
- 7.3.2 Baker Hughes Introduction and Business Overview
- 7.3.3 Baker Hughes Drag Reducing Agent Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 Baker Hughes Drag Reducing Agent Product Offerings
- 7.3.5 Baker Hughes Recent Development
- 7.4 Innospec
- 7.4.1 Innospec Company Information
- 7.4.2 Innospec Introduction and Business Overview
- 7.4.3 Innospec Drag Reducing Agent Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 Innospec Drag Reducing Agent Product Offerings
- 7.4.5 Innospec Recent Development
- 7.5 Oil Flux Americas
- 7.5.1 Oil Flux Americas Company Information
- 7.5.2 Oil Flux Americas Introduction and Business Overview
- 7.5.3 Oil Flux Americas Drag Reducing Agent Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 Oil Flux Americas Drag Reducing Agent Product Offerings
- 7.5.5 Oil Flux Americas Recent Development
- 7.6 NuGenTec
- 7.6.1 NuGenTec Company Information
- 7.6.2 NuGenTec Introduction and Business Overview
- 7.6.3 NuGenTec Drag Reducing Agent Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 NuGenTec Drag Reducing Agent Product Offerings
- 7.6.5 NuGenTec Recent Development
- 7.7 Sino Oil King Shine Chemical
- 7.7.1 Sino Oil King Shine Chemical Company Information
- 7.7.2 Sino Oil King Shine Chemical Introduction and Business Overview
- 7.7.3 Sino Oil King Shine Chemical Drag Reducing Agent Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 Sino Oil King Shine Chemical Drag Reducing Agent Product Offerings
- 7.7.5 Sino Oil King Shine Chemical Recent Development
- 7.8 DESHI
- 7.8.1 DESHI Company Information
- 7.8.2 DESHI Introduction and Business Overview
- 7.8.3 DESHI Drag Reducing Agent Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 DESHI Drag Reducing Agent Product Offerings
- 7.8.5 DESHI Recent Development
- 7.9 Qflo
- 7.9.1 Qflo Company Information
- 7.9.2 Qflo Introduction and Business Overview
- 7.9.3 Qflo Drag Reducing Agent Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 Qflo Drag Reducing Agent Product Offerings
- 7.9.5 Qflo Recent Development
- 7.10 Superchem Technology
- 7.10.1 Superchem Technology Company Information
- 7.10.2 Superchem Technology Introduction and Business Overview
- 7.10.3 Superchem Technology Drag Reducing Agent Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 Superchem Technology Drag Reducing Agent Product Offerings
- 7.10.5 Superchem Technology Recent Development
- 7.11 The Zoranoc Oilfield Chemical
- 7.11.1 The Zoranoc Oilfield Chemical Company Information
- 7.11.2 The Zoranoc Oilfield Chemical Introduction and Business Overview
- 7.11.3 The Zoranoc Oilfield Chemical Drag Reducing Agent Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 The Zoranoc Oilfield Chemical Drag Reducing Agent Product Offerings
- 7.11.5 The Zoranoc Oilfield Chemical Recent Development
- 7.12 CNPC
- 7.12.1 CNPC Company Information
- 7.12.2 CNPC Introduction and Business Overview
- 7.12.3 CNPC Drag Reducing Agent Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.12.4 CNPC Drag Reducing Agent Product Offerings
- 7.12.5 CNPC Recent Development
8 Industry Chain Analysis
- 8.1 Drag Reducing Agent Industrial Chain
- 8.2 Drag Reducing Agent Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Drag Reducing Agent Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Drag Reducing Agent Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer