Global Drag Reducing Agent for Oil & Gas Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032

Market Overview

According to DIResearch"s in-depth investigation and research, the global Drag Reducing Agent for Oil & Gas market size will reach 1,605.61 Million USD in 2025 and is projected to reach 3,048.15 Million USD by 2032, with a CAGR of 9.59% (2025-2032). Notably, the China Drag Reducing Agent for Oil & Gas market has changed rapidly in the past few years. By 2025, China"s market size is expected to be Million USD, representing approximately % of the global market share.

Research Summary

A Drag Reducing Agent (DRA) for the oil and gas industry is a specialized chemical additive used to improve the flow efficiency of crude oil and hydrocarbon liquids through pipelines. Also referred to as flow improvers or pipeline friction reducers, DRAs are vital in addressing the challenges of transporting viscous fluids over long distances. These agents work by altering the flow dynamics of the fluid, reducing turbulence and friction against the pipeline walls. By introducing a small quantity of DRA into the oil or hydrocarbon liquid, pipelines can achieve higher flow rates, reduce pressure drops, and subsequently optimize energy consumption. This is particularly advantageous in oil and gas operations where the transportation of significant volumes of crude oil or other hydrocarbons requires efficient and cost-effective pipeline management. DRAs have played a significant role in enhancing the throughput of pipelines, minimizing operational costs, and extending the lifespan of pipelines by mitigating wear and tear caused by turbulent flow conditions.

The major global  manufacturers of Drag Reducing Agent for Oil & Gas include LiquidPower Specialty Products, Flowchem, GE(Baker Hughes), Innospec, Oil Flux Americas, NuGenTec, DESHI, Sino Oil King Shine Chemical, Qflo, Superchem Technology, The Zoranoc Oilfield Chemical, CNPC, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Drag Reducing Agent for Oil & Gas. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Drag Reducing Agent for Oil & Gas market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Drag Reducing Agent for Oil & Gas market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Drag Reducing Agent for Oil & Gas industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.    

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Drag Reducing Agent for Oil & Gas Include:

LiquidPower Specialty Products

Flowchem

GE(Baker Hughes)

Innospec

Oil Flux Americas

NuGenTec

DESHI

Sino Oil King Shine Chemical

Qflo

Superchem Technology

The Zoranoc Oilfield Chemical

CNPC

Drag Reducing Agent for Oil & Gas Product Segment Include:

High Viscosity Glue

Low Viscosity Glue

Rubber Latex

Drag Reducing Agent for Oil & Gas Product Application Include:

Gas Transportation

Oil Transportation

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend

Chapter 2: Global Drag Reducing Agent for Oil & Gas Capacity and Production Analysis

Chapter 3: Global Drag Reducing Agent for Oil & Gas Industry PESTEL Analysis

Chapter 4: Global Drag Reducing Agent for Oil & Gas Industry Porter's Five Forces Analysis

Chapter 5: Global Drag Reducing Agent for Oil & Gas Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis

Chapter 6: Global Drag Reducing Agent for Oil & Gas Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 7: Global Drag Reducing Agent for Oil & Gas Sales, Revenue, Price and Forecast by Product Type

Chapter 8: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 9: Industrial Chain Analysis, Drag Reducing Agent for Oil & Gas Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis

Chapter 10: Research Findings and Conclusion

Chapter 11: Methodology and Data Sources Show more