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 our (Global Info Research) latest study, the global Drag Reducing Agent market size was valued at US$ 680 million in 2024 and is forecast to a readjusted size of USD 1152 million by 2031 with a CAGR of 7.9% during review period.
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Market Segmentation
Drag Reducing Agent market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type: Oil-soluble Drag Reducing Agent、 Water-soluble Drag Reducing Agent
Market segment by Application: Oil & Gas Industry、 Chemical Transportation、 Others
Major players covered: 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
Market Drivers:
1. The primary driver is the continuous expansion of pipeline networks globally, particularly for the transportation of crude oil, refined products, and natural gas. Increasing energy demand necessitates efficient and cost-effective transport, where DRA application allows for significant throughput enhancement or energy savings in both existing and new pipelines without major infrastructural investment.
2. Stringent economic and operational efficiency goals within the oil and gas industry push for optimization. DRAs reduce hydraulic friction, leading to lower pumping pressure requirements and decreased energy consumption. This directly translates to substantial operational cost savings and a reduced carbon footprint, aligning with both economic and evolving environmental performance metrics.
3. The need to maximize the capacity and extend the operational life of aging pipeline infrastructure acts as a key driver. Instead of building new pipelines or implementing costly mechanical upgrades, operators can use DRAs to restore or even increase flow rates in older systems, offering a highly cost-effective and rapid solution to meet changing flow demands.
Development Opportunities:
1. There is significant growth potential in emerging markets and regions undergoing rapid industrialization and infrastructure development, such as parts of Asia-Pacific, Africa, and South America. The construction of new pipeline networks in these regions presents a direct opportunity for DRA adoption from the outset to design for optimal efficiency.
2. Technological advancement in DRA formulations creates opportunities. Development of more effective, environmentally sustainable, and product-specific (e.g., for heavy crude, multiphase flow, or extreme conditions) chemistries can open new application niches and improve performance, enticing a broader range of pipeline operators.
3. The global focus on energy transition and reducing greenhouse gas emissions presents a strategic opportunity. By lowering the energy intensity of fluid transport, DRAs serve as an immediate tool for the industry to reduce its operational emissions. This positioning enhances their value proposition beyond mere cost savings, aligning with broader environmental, social, and governance (ESG) objectives.
Market Restraining Factors:
1. High initial costs and perceived economic barriers can hinder adoption. The specialty chemical nature of DRAs requires significant upfront investment for dosing equipment and the product itself. Some operators, especially with volatile budgets, may be reluctant to invest without guaranteed, immediate returns, despite proven long-term savings.
2. Technical limitations and compatibility concerns act as a restraint. The effectiveness of DRAs can vary based on pipeline conditions, product type, and flow regimes. Incompatibility with certain hydrocarbon streams or other pipeline additives, along with challenges in multiphase or heavily contaminated flows, can limit their application and deter potential users.
3. A conservative industry mindset and operational inertia present a significant barrier. Pipeline operations prioritize safety and reliability, leading to resistance towards adopting new chemical solutions. The need for rigorous testing, change management, and staff training for proper DRA implementation can slow down adoption rates, as operators often prefer traditional, familiar methods.
Chapter 1, to describe Drag Reducing Agent product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Drag Reducing Agent, with price, sales quantity, revenue, and global market share of Drag Reducing Agent from 2021 to 2025.
Chapter 3, the Drag Reducing Agent competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Drag Reducing Agent breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2025.and Drag Reducing Agent market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Drag Reducing Agent.
Chapter 14 and 15, to describe Drag Reducing Agent sales channel, distributors, customers, research findings and conclusion.
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