Global Drag Reducing Agent Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Drag Reducing Agent Market Size, Manufacturers, Opportunities and Forecast to 2030


Summary

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.

According to APO Research, The global Drag Reducing Agent market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

North American market for Drag Reducing Agent is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Asia-Pacific market for Drag Reducing Agent is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Europe market for Drag Reducing Agent is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The major global manufacturers of Drag Reducing Agent include LiquidPower Specialty Products, Flowchem, GE(Baker Hughes), Innospec, Oil Flux Americas, NuGenTec, Sino Oil King Shine Chemical, DESHI and Qflo, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

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.
The Drag Reducing Agent market size, estimations, and forecasts are provided in terms of sales volume (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.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

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
Drag Reducing Agent segment by Type

High Viscosity Glue
Low Viscosity Glue
Rubber Latex
Drag Reducing Agent segment by Application

Oil & Gas Industry
Chemical Transportation
Drag Reducing Agent Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Drag Reducing Agent market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Drag Reducing Agent and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Drag Reducing Agent.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: 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 3: Detailed analysis of Drag Reducing Agent manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: 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 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Drag Reducing Agent Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global Drag Reducing Agent Sales Estimates and Forecasts (2019-2030)
1.3 Drag Reducing Agent Market by Type
1.3.1 High Viscosity Glue
1.3.2 Low Viscosity Glue
1.3.3 Rubber Latex
1.4 Global Drag Reducing Agent Market Size by Type
1.4.1 Global Drag Reducing Agent Market Size Overview by Type (2019-2030)
1.4.2 Global Drag Reducing Agent Historic Market Size Review by Type (2019-2024)
1.4.3 Global Drag Reducing Agent Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America Drag Reducing Agent Sales Breakdown by Type (2019-2024)
1.5.2 Europe Drag Reducing Agent Sales Breakdown by Type (2019-2024)
1.5.3 Asia-Pacific Drag Reducing Agent Sales Breakdown by Type (2019-2024)
1.5.4 Latin America Drag Reducing Agent Sales Breakdown by Type (2019-2024)
1.5.5 Middle East and Africa Drag Reducing Agent Sales Breakdown by Type (2019-2024)
2 Global Market Dynamics
2.1 Drag Reducing Agent Industry Trends
2.2 Drag Reducing Agent Industry Drivers
2.3 Drag Reducing Agent Industry Opportunities and Challenges
2.4 Drag Reducing Agent Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Drag Reducing Agent Revenue (2019-2024)
3.2 Global Top Players by Drag Reducing Agent Sales (2019-2024)
3.3 Global Top Players by Drag Reducing Agent Price (2019-2024)
3.4 Global Drag Reducing Agent Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Drag Reducing Agent Key Company Manufacturing Sites & Headquarters
3.6 Global Drag Reducing Agent Company, Product Type & Application
3.7 Global Drag Reducing Agent Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Drag Reducing Agent Market CR5 and HHI
3.8.2 Global Top 5 and 10 Drag Reducing Agent Players Market Share by Revenue in 2023
3.8.3 2023 Drag Reducing Agent Tier 1, Tier 2, and Tier 3
4 Drag Reducing Agent Regional Status and Outlook
4.1 Global Drag Reducing Agent Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Drag Reducing Agent Historic Market Size by Region
4.2.1 Global Drag Reducing Agent Sales in Volume by Region (2019-2024)
4.2.2 Global Drag Reducing Agent Sales in Value by Region (2019-2024)
4.2.3 Global Drag Reducing Agent Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Drag Reducing Agent Forecasted Market Size by Region
4.3.1 Global Drag Reducing Agent Sales in Volume by Region (2025-2030)
4.3.2 Global Drag Reducing Agent Sales in Value by Region (2025-2030)
4.3.3 Global Drag Reducing Agent Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 Drag Reducing Agent by Application
5.1 Drag Reducing Agent Market by Application
5.1.1 Oil & Gas Industry
5.1.2 Chemical Transportation
5.2 Global Drag Reducing Agent Market Size by Application
5.2.1 Global Drag Reducing Agent Market Size Overview by Application (2019-2030)
5.2.2 Global Drag Reducing Agent Historic Market Size Review by Application (2019-2024)
5.2.3 Global Drag Reducing Agent Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
5.3.1 North America Drag Reducing Agent Sales Breakdown by Application (2019-2024)
5.3.2 Europe Drag Reducing Agent Sales Breakdown by Application (2019-2024)
5.3.3 Asia-Pacific Drag Reducing Agent Sales Breakdown by Application (2019-2024)
5.3.4 Latin America Drag Reducing Agent Sales Breakdown by Application (2019-2024)
5.3.5 Middle East and Africa Drag Reducing Agent Sales Breakdown by Application (2019-2024)
6 Company Profiles
6.1 LiquidPower Specialty Products
6.1.1 LiquidPower Specialty Products Comapny Information
6.1.2 LiquidPower Specialty Products Business Overview
6.1.3 LiquidPower Specialty Products Drag Reducing Agent Sales, Revenue and Gross Margin (2019-2024)
6.1.4 LiquidPower Specialty Products Drag Reducing Agent Product Portfolio
6.1.5 LiquidPower Specialty Products Recent Developments
6.2 Flowchem
6.2.1 Flowchem Comapny Information
6.2.2 Flowchem Business Overview
6.2.3 Flowchem Drag Reducing Agent Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Flowchem Drag Reducing Agent Product Portfolio
6.2.5 Flowchem Recent Developments
6.3 GE(Baker Hughes)
6.3.1 GE(Baker Hughes) Comapny Information
6.3.2 GE(Baker Hughes) Business Overview
6.3.3 GE(Baker Hughes) Drag Reducing Agent Sales, Revenue and Gross Margin (2019-2024)
6.3.4 GE(Baker Hughes) Drag Reducing Agent Product Portfolio
6.3.5 GE(Baker Hughes) Recent Developments
6.4 Innospec
6.4.1 Innospec Comapny Information
6.4.2 Innospec Business Overview
6.4.3 Innospec Drag Reducing Agent Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Innospec Drag Reducing Agent Product Portfolio
6.4.5 Innospec Recent Developments
6.5 Oil Flux Americas
6.5.1 Oil Flux Americas Comapny Information
6.5.2 Oil Flux Americas Business Overview
6.5.3 Oil Flux Americas Drag Reducing Agent Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Oil Flux Americas Drag Reducing Agent Product Portfolio
6.5.5 Oil Flux Americas Recent Developments
6.6 NuGenTec
6.6.1 NuGenTec Comapny Information
6.6.2 NuGenTec Business Overview
6.6.3 NuGenTec Drag Reducing Agent Sales, Revenue and Gross Margin (2019-2024)
6.6.4 NuGenTec Drag Reducing Agent Product Portfolio
6.6.5 NuGenTec Recent Developments
6.7 Sino Oil King Shine Chemical
6.7.1 Sino Oil King Shine Chemical Comapny Information
6.7.2 Sino Oil King Shine Chemical Business Overview
6.7.3 Sino Oil King Shine Chemical Drag Reducing Agent Sales, Revenue and Gross Margin (2019-2024)
6.7.4 Sino Oil King Shine Chemical Drag Reducing Agent Product Portfolio
6.7.5 Sino Oil King Shine Chemical Recent Developments
6.8 DESHI
6.8.1 DESHI Comapny Information
6.8.2 DESHI Business Overview
6.8.3 DESHI Drag Reducing Agent Sales, Revenue and Gross Margin (2019-2024)
6.8.4 DESHI Drag Reducing Agent Product Portfolio
6.8.5 DESHI Recent Developments
6.9 Qflo
6.9.1 Qflo Comapny Information
6.9.2 Qflo Business Overview
6.9.3 Qflo Drag Reducing Agent Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Qflo Drag Reducing Agent Product Portfolio
6.9.5 Qflo Recent Developments
6.10 Superchem Technology
6.10.1 Superchem Technology Comapny Information
6.10.2 Superchem Technology Business Overview
6.10.3 Superchem Technology Drag Reducing Agent Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Superchem Technology Drag Reducing Agent Product Portfolio
6.10.5 Superchem Technology Recent Developments
6.11 The Zoranoc Oilfield Chemical
6.11.1 The Zoranoc Oilfield Chemical Comapny Information
6.11.2 The Zoranoc Oilfield Chemical Business Overview
6.11.3 The Zoranoc Oilfield Chemical Drag Reducing Agent Sales, Revenue and Gross Margin (2019-2024)
6.11.4 The Zoranoc Oilfield Chemical Drag Reducing Agent Product Portfolio
6.11.5 The Zoranoc Oilfield Chemical Recent Developments
6.12 CNPC
6.12.1 CNPC Comapny Information
6.12.2 CNPC Business Overview
6.12.3 CNPC Drag Reducing Agent Sales, Revenue and Gross Margin (2019-2024)
6.12.4 CNPC Drag Reducing Agent Product Portfolio
6.12.5 CNPC Recent Developments
7 North America by Country
7.1 North America Drag Reducing Agent Sales by Country
7.1.1 North America Drag Reducing Agent Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.1.2 North America Drag Reducing Agent Sales by Country (2019-2024)
7.1.3 North America Drag Reducing Agent Sales Forecast by Country (2025-2030)
7.2 North America Drag Reducing Agent Market Size by Country
7.2.1 North America Drag Reducing Agent Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.2.2 North America Drag Reducing Agent Market Size by Country (2019-2024)
7.2.3 North America Drag Reducing Agent Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe Drag Reducing Agent Sales by Country
8.1.1 Europe Drag Reducing Agent Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.1.2 Europe Drag Reducing Agent Sales by Country (2019-2024)
8.1.3 Europe Drag Reducing Agent Sales Forecast by Country (2025-2030)
8.2 Europe Drag Reducing Agent Market Size by Country
8.2.1 Europe Drag Reducing Agent Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.2.2 Europe Drag Reducing Agent Market Size by Country (2019-2024)
8.2.3 Europe Drag Reducing Agent Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific Drag Reducing Agent Sales by Country
9.1.1 Asia-Pacific Drag Reducing Agent Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.1.2 Asia-Pacific Drag Reducing Agent Sales by Country (2019-2024)
9.1.3 Asia-Pacific Drag Reducing Agent Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Drag Reducing Agent Market Size by Country
9.2.1 Asia-Pacific Drag Reducing Agent Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.2.2 Asia-Pacific Drag Reducing Agent Market Size by Country (2019-2024)
9.2.3 Asia-Pacific Drag Reducing Agent Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America Drag Reducing Agent Sales by Country
10.1.1 Latin America Drag Reducing Agent Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.1.2 Latin America Drag Reducing Agent Sales by Country (2019-2024)
10.1.3 Latin America Drag Reducing Agent Sales Forecast by Country (2025-2030)
10.2 Latin America Drag Reducing Agent Market Size by Country
10.2.1 Latin America Drag Reducing Agent Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.2.2 Latin America Drag Reducing Agent Market Size by Country (2019-2024)
10.2.3 Latin America Drag Reducing Agent Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa Drag Reducing Agent Sales by Country
11.1.1 Middle East and Africa Drag Reducing Agent Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.1.2 Middle East and Africa Drag Reducing Agent Sales by Country (2019-2024)
11.1.3 Middle East and Africa Drag Reducing Agent Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Drag Reducing Agent Market Size by Country
11.2.1 Middle East and Africa Drag Reducing Agent Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.2.2 Middle East and Africa Drag Reducing Agent Market Size by Country (2019-2024)
11.2.3 Middle East and Africa Drag Reducing Agent Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 Drag Reducing Agent Value Chain Analysis
12.1.1 Drag Reducing Agent Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Drag Reducing Agent Production Mode & Process
12.2 Drag Reducing Agent Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Drag Reducing Agent Distributors
12.2.3 Drag Reducing Agent Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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