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Global Drag Reducing Agent Market Research Report 2025
Synopsis
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.
The global Drag Reducing Agent market was valued at US$ 1204.9 million in 2023 and is anticipated to reach US$ 2091.6 million by 2030, witnessing a CAGR of 8.1% during the forecast period 2024-2030.
The technical barrier of drag reducing agent is high, and dominated by certain companies, such as LiquidPower Specialty Products, Baker Hughes, Flowchem, Innospec, Oil Flux Americas and NuGenTec, with about 72% market shares.
As for consumption, the largest consumption volume comes from the North America region. The region consumed about 40.48% drag reducing agent globally.
This report aims to provide a comprehensive presentation of the global market for Drag Reducing 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 Drag Reducing Agent.
Report Scope
The Drag Reducing Agent market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Drag Reducing Agent market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Drag Reducing Agent manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
LiquidPower Specialty Products
Flowchem
GE(Baker Hughes)
Innospec
Oil Flux Americas
NuGenTec
Sino Oil King Shine Chemical
DESHI
Qflo
Superchem Technology
The Zoranoc Oilfield Chemical
CNPC
Segment by Type
High Viscosity Glue
Low Viscosity Glue
Rubber Latex
Segment by Application
Oil & Gas Industry
Chemical Transportation
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Drag Reducing Agent manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Drag Reducing Agent by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Drag Reducing Agent in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces 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 10: The main points and conclusions of the report.
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.
The global Drag Reducing Agent market was valued at US$ 1204.9 million in 2023 and is anticipated to reach US$ 2091.6 million by 2030, witnessing a CAGR of 8.1% during the forecast period 2024-2030.
The technical barrier of drag reducing agent is high, and dominated by certain companies, such as LiquidPower Specialty Products, Baker Hughes, Flowchem, Innospec, Oil Flux Americas and NuGenTec, with about 72% market shares.
As for consumption, the largest consumption volume comes from the North America region. The region consumed about 40.48% drag reducing agent globally.
This report aims to provide a comprehensive presentation of the global market for Drag Reducing 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 Drag Reducing Agent.
Report Scope
The Drag Reducing Agent market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Drag Reducing Agent market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Drag Reducing Agent manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
LiquidPower Specialty Products
Flowchem
GE(Baker Hughes)
Innospec
Oil Flux Americas
NuGenTec
Sino Oil King Shine Chemical
DESHI
Qflo
Superchem Technology
The Zoranoc Oilfield Chemical
CNPC
Segment by Type
High Viscosity Glue
Low Viscosity Glue
Rubber Latex
Segment by Application
Oil & Gas Industry
Chemical Transportation
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Drag Reducing Agent manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Drag Reducing Agent by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Drag Reducing Agent in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces 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 10: The main points and conclusions of the report.
Index1 Drag Reducing Agent Market Overview
1.1 Product Definition
1.2 Drag Reducing Agent Segment by Type
1.2.1 Global Drag Reducing Agent Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 High Viscosity Glue
1.2.3 Low Viscosity Glue
1.2.4 Rubber Latex
1.3 Drag Reducing Agent Segment by Application
1.3.1 Global Drag Reducing Agent Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Oil & Gas Industry
1.3.3 Chemical Transportation
1.4 Global Market Growth Prospects
1.4.1 Global Drag Reducing Agent Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Drag Reducing Agent Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Drag Reducing Agent Production Estimates and Forecasts (2019-2030)
1.4.4 Global Drag Reducing Agent Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Drag Reducing Agent Production Market Share by Manufacturers (2019-2024)
2.2 Global Drag Reducing Agent Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Drag Reducing Agent, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Drag Reducing Agent Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Drag Reducing Agent Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Drag Reducing Agent, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Drag Reducing Agent, Product Offered and Application
2.8 Global Key Manufacturers of Drag Reducing Agent, Date of Enter into This Industry
2.9 Drag Reducing Agent Market Competitive Situation and Trends
2.9.1 Drag Reducing Agent Market Concentration Rate
2.9.2 Global 5 and 10 Largest Drag Reducing Agent Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Drag Reducing Agent Production by Region
3.1 Global Drag Reducing Agent Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Drag Reducing Agent Production Value by Region (2019-2030)
3.2.1 Global Drag Reducing Agent Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Drag Reducing Agent by Region (2025-2030)
3.3 Global Drag Reducing Agent Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Drag Reducing Agent Production by Region (2019-2030)
3.4.1 Global Drag Reducing Agent Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Drag Reducing Agent by Region (2025-2030)
3.5 Global Drag Reducing Agent Market Price Analysis by Region (2019-2024)
3.6 Global Drag Reducing Agent Production and Value, Year-over-Year Growth
3.6.1 North America Drag Reducing Agent Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Drag Reducing Agent Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Drag Reducing Agent Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Drag Reducing Agent Production Value Estimates and Forecasts (2019-2030)
4 Drag Reducing Agent Consumption by Region
4.1 Global Drag Reducing Agent Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Drag Reducing Agent Consumption by Region (2019-2030)
4.2.1 Global Drag Reducing Agent Consumption by Region (2019-2024)
4.2.2 Global Drag Reducing Agent Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Drag Reducing Agent Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Drag Reducing Agent Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Drag Reducing Agent Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Drag Reducing Agent Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Drag Reducing Agent Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Drag Reducing Agent Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Drag Reducing Agent Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Drag Reducing Agent Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Drag Reducing Agent Production by Type (2019-2030)
5.1.1 Global Drag Reducing Agent Production by Type (2019-2024)
5.1.2 Global Drag Reducing Agent Production by Type (2025-2030)
5.1.3 Global Drag Reducing Agent Production Market Share by Type (2019-2030)
5.2 Global Drag Reducing Agent Production Value by Type (2019-2030)
5.2.1 Global Drag Reducing Agent Production Value by Type (2019-2024)
5.2.2 Global Drag Reducing Agent Production Value by Type (2025-2030)
5.2.3 Global Drag Reducing Agent Production Value Market Share by Type (2019-2030)
5.3 Global Drag Reducing Agent Price by Type (2019-2030)
6 Segment by Application
6.1 Global Drag Reducing Agent Production by Application (2019-2030)
6.1.1 Global Drag Reducing Agent Production by Application (2019-2024)
6.1.2 Global Drag Reducing Agent Production by Application (2025-2030)
6.1.3 Global Drag Reducing Agent Production Market Share by Application (2019-2030)
6.2 Global Drag Reducing Agent Production Value by Application (2019-2030)
6.2.1 Global Drag Reducing Agent Production Value by Application (2019-2024)
6.2.2 Global Drag Reducing Agent Production Value by Application (2025-2030)
6.2.3 Global Drag Reducing Agent Production Value Market Share by Application (2019-2030)
6.3 Global Drag Reducing Agent Price by Application (2019-2030)
7 Key Companies Profiled
7.1 LiquidPower Specialty Products
7.1.1 LiquidPower Specialty Products Drag Reducing Agent Corporation Information
7.1.2 LiquidPower Specialty Products Drag Reducing Agent Product Portfolio
7.1.3 LiquidPower Specialty Products Drag Reducing Agent Production, Value, Price and Gross Margin (2019-2024)
7.1.4 LiquidPower Specialty Products Main Business and Markets Served
7.1.5 LiquidPower Specialty Products Recent Developments/Updates
7.2 Flowchem
7.2.1 Flowchem Drag Reducing Agent Corporation Information
7.2.2 Flowchem Drag Reducing Agent Product Portfolio
7.2.3 Flowchem Drag Reducing Agent Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Flowchem Main Business and Markets Served
7.2.5 Flowchem Recent Developments/Updates
7.3 GE(Baker Hughes)
7.3.1 GE(Baker Hughes) Drag Reducing Agent Corporation Information
7.3.2 GE(Baker Hughes) Drag Reducing Agent Product Portfolio
7.3.3 GE(Baker Hughes) Drag Reducing Agent Production, Value, Price and Gross Margin (2019-2024)
7.3.4 GE(Baker Hughes) Main Business and Markets Served
7.3.5 GE(Baker Hughes) Recent Developments/Updates
7.4 Innospec
7.4.1 Innospec Drag Reducing Agent Corporation Information
7.4.2 Innospec Drag Reducing Agent Product Portfolio
7.4.3 Innospec Drag Reducing Agent Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Innospec Main Business and Markets Served
7.4.5 Innospec Recent Developments/Updates
7.5 Oil Flux Americas
7.5.1 Oil Flux Americas Drag Reducing Agent Corporation Information
7.5.2 Oil Flux Americas Drag Reducing Agent Product Portfolio
7.5.3 Oil Flux Americas Drag Reducing Agent Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Oil Flux Americas Main Business and Markets Served
7.5.5 Oil Flux Americas Recent Developments/Updates
7.6 NuGenTec
7.6.1 NuGenTec Drag Reducing Agent Corporation Information
7.6.2 NuGenTec Drag Reducing Agent Product Portfolio
7.6.3 NuGenTec Drag Reducing Agent Production, Value, Price and Gross Margin (2019-2024)
7.6.4 NuGenTec Main Business and Markets Served
7.6.5 NuGenTec Recent Developments/Updates
7.7 Sino Oil King Shine Chemical
7.7.1 Sino Oil King Shine Chemical Drag Reducing Agent Corporation Information
7.7.2 Sino Oil King Shine Chemical Drag Reducing Agent Product Portfolio
7.7.3 Sino Oil King Shine Chemical Drag Reducing Agent Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Sino Oil King Shine Chemical Main Business and Markets Served
7.7.5 Sino Oil King Shine Chemical Recent Developments/Updates
7.8 DESHI
7.8.1 DESHI Drag Reducing Agent Corporation Information
7.8.2 DESHI Drag Reducing Agent Product Portfolio
7.8.3 DESHI Drag Reducing Agent Production, Value, Price and Gross Margin (2019-2024)
7.8.4 DESHI Main Business and Markets Served
7.7.5 DESHI Recent Developments/Updates
7.9 Qflo
7.9.1 Qflo Drag Reducing Agent Corporation Information
7.9.2 Qflo Drag Reducing Agent Product Portfolio
7.9.3 Qflo Drag Reducing Agent Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Qflo Main Business and Markets Served
7.9.5 Qflo Recent Developments/Updates
7.10 Superchem Technology
7.10.1 Superchem Technology Drag Reducing Agent Corporation Information
7.10.2 Superchem Technology Drag Reducing Agent Product Portfolio
7.10.3 Superchem Technology Drag Reducing Agent Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Superchem Technology Main Business and Markets Served
7.10.5 Superchem Technology Recent Developments/Updates
7.11 The Zoranoc Oilfield Chemical
7.11.1 The Zoranoc Oilfield Chemical Drag Reducing Agent Corporation Information
7.11.2 The Zoranoc Oilfield Chemical Drag Reducing Agent Product Portfolio
7.11.3 The Zoranoc Oilfield Chemical Drag Reducing Agent Production, Value, Price and Gross Margin (2019-2024)
7.11.4 The Zoranoc Oilfield Chemical Main Business and Markets Served
7.11.5 The Zoranoc Oilfield Chemical Recent Developments/Updates
7.12 CNPC
7.12.1 CNPC Drag Reducing Agent Corporation Information
7.12.2 CNPC Drag Reducing Agent Product Portfolio
7.12.3 CNPC Drag Reducing Agent Production, Value, Price and Gross Margin (2019-2024)
7.12.4 CNPC Main Business and Markets Served
7.12.5 CNPC Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Drag Reducing Agent Industry Chain Analysis
8.2 Drag Reducing Agent Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Drag Reducing Agent Production Mode & Process
8.4 Drag Reducing Agent Sales and Marketing
8.4.1 Drag Reducing Agent Sales Channels
8.4.2 Drag Reducing Agent Distributors
8.5 Drag Reducing Agent Customers
9 Drag Reducing Agent Market Dynamics
9.1 Drag Reducing Agent Industry Trends
9.2 Drag Reducing Agent Market Drivers
9.3 Drag Reducing Agent Market Challenges
9.4 Drag Reducing Agent Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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