Drag Reducing Agents Market Growth, Trends, and Analysis by 2031

Historic Data: 2021-2023   |   Base Year: 2024   |   Forecast Period: 2025-2031

Coverage: Drag Reducing Agents Market covers analysis by Type (Polymers, Suspensions, Surfactants, Biomaterials); Product Type (Viscosity Glue, Low Viscosity Glue, Rubber Latex); End-usr Industry (Oil and Gas, Chemicals, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Date : Oct 2025
  • Report Code : TIPRE00011405
  • Category : Chemicals and Materials
  • Status : Upcoming
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 150
Page Updated: Jan 2025

AI overview of Drag Reducing Agents Market


The Drag Reducing Agents Market is poised for significant growth, projected to reach a market size of US$ XX million by 2031, with a robust CAGR of 5.7% from 2025 to 2031. This growth is driven by increasing global energy consumption and stringent environmental regulations that promote the adoption of drag reducing agents (DRAs). The market is segmented by type, including polymers and surfactants, and spans various regions such as North America and Asia-Pacific. Notably, the rise of bio-based drag reducing agents and their expanding applications in infrastructure projects highlight key trends shaping the market. As industries seek innovative solutions to enhance performance, the Drag Reducing Agents Market is set to thrive, presenting ample opportunities for investment and development.


The Drag Reducing Agents Market is expected to register a CAGR of 5.7% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The report is segmented by type (polymers, suspensions, biological additives, and surfactants). The report is segmented by form (liquid and powder). The report further presents an analysis based on the end use (oil and gas, civil work, fire fighting, marine, irrigation, biomedical, chemical, and others). The report scope covers five regions: North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America and key countries under each region. The global analysis is further broken down at the regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.

Purpose of the Report

The report Drag Reducing Agents Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Drag Reducing Agents Market Segmentation

Type

  • Polymers
  • Suspensions
  • Biological Additives
  • Surfactants

Form

  • Liquid and Powder

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Drag Reducing Agents Market: Strategic Insights

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Drag Reducing Agents Market Growth Drivers

  • Global Energy Consumption Drives DRA Demand: The increasing rate of energy consumption globally, mainly brought about by industrial growth and an increase in population, has significantly raised the demand for effective transportation of crude oil and natural gas. Drag Reducing Agents (DRAs) tend to increase the flowability of hydrocarbons within the pipelines by reducing friction; it allows more volume movement with less energy. The negative environmental effects are eventually decreased at this point, which is why DRAs have become more important within the energy sector.
  • Environmental Regulations Fuel DRA Adoption: More stringent environmental legislation forces companies to adapt to better technology, which, in this case, reduces the production of greenhouse gases, therefore contributing to drag-reduction agents to minimize energy consumed by moving fluids to comply with regulations. Regulatory compliance helps increase the environmental sustainability aspect of the operations.
  • Innovation Enhances DRA Performance and Efficiency: DRAs' better performance and greater ease of use are attributed to innovations in their chemical formulation and application technology. Improvements in polymer chemistry bring forth new DRA products that work better in several conditions. This advancement facilitates companies' optimization of their logistic and operational processes and leads to demand in the market.

Drag Reducing Agents Market Future Trends

  • Rise of Bio-Based Drag Reducing Agents: An emerging trend in developing and applying bio-based Drag Reducing Agents (DRAs) produced from renewable resources. Because various companies have to explore an increasing necessity to take environmentally sustainable measures, the future usage of even more bio-based alternatives than traditional oil-based products is emerging further and further. Such a shift answers the demand of such customer groups searching for greenery but, at the same time, enables the companies to increase the levels of CSR.
  • Expanding DRA Applications in New Industries: Although DRAs have been widely applied in crude oil and natural gas pipeline transport, the latest trend has been to expand their usage in non-traditional applications, including wastewater management, mining operations, and agricultural environments. These diversifications create new markets and growth opportunities.
  • Growing Demand for DRA in Infrastructure Projects: Increased demands for pipeline network and transport infrastructure expansions have been registered, particularly within emerging markets, on DRAs. These agents are considered pivotal in facilitating efficient fluid transportation solutions for these infrastructure projects, with the ultimate result being the best performance for pipelines as well as decreased costs.

Drag Reducing Agents Market Opportunities

  • Growing Demand for DRAs in Emerging Markets: Countries in these areas—the Asia-Pacific, Africa, and Latin America regions—are rapidly growing industrial infrastructures. As this area is growing its market base in energy and manufacturing areas, it will strongly increase its demand for efficient pipelines through Drag-Reducing Agents (DRAs) at the appropriate times. Any enterprise strategically focusing on them has potential access to many customer markets and long-time ties with those customers.
  • Investment in Advanced DRAs for Enhanced Performance: Companies have a significant investment opportunity in the development of advanced DRAs with improved performance characteristics such as temperature stability, long life, and fluid compatibility. Tailoring solutions to specific industry needs will help companies differentiate themselves in this competitive market.
  • Opportunities for DRAs in Water Management: As awareness of water resource scarcity and pollution grows, there is now an opportunity to develop DRAs (Dynamic Resource Allocators) that improve water management systems. Some applications for these technologies include wastewater treatment and the transportation of industrial fluids. By addressing both economic and environmental challenges, companies can enhance their market presence while promoting sustainability.

Drag Reducing Agents Market Regional Insights

The regional trends and factors influencing the Drag Reducing Agents Market throughout the forecast period have been thoroughly explained by the analysts at The Insight Partners. This section also discusses Drag Reducing Agents Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Drag Reducing Agents Market Report Scope

Report Attribute Details
Market size in 2024 US$ XX million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) 5.7%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Type
  • Polymers
  • Suspensions
  • Biological Additives
  • Surfactants
By Form
  • Liquid and Powder
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Baker Hughes Co
  • Dorf Ketal Chemicals India Pvt Ltd
  • Indian Oil Corp Ltd
  • Innospec Inc
  • Jiangyin Huaheng Auxiliary Co Ltd
  • Flowchem Pharma Pvt Ltd
  • LiquidPower Specialty Products Inc
  • Oil Flux Americas LLC
  • Qingdao Zoranoc Oilfield Chemical Co., Ltd.

  • Drag Reducing Agents Market Players Density: Understanding Its Impact on Business Dynamics

    The Drag Reducing Agents Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.


    drag-reducing-agents-market-cagr

    • Get the Drag Reducing Agents Market top key players overview

    Key Selling Points

    • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Drag Reducing Agents Market, providing a holistic landscape.
    • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
    • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
    • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

    The research report on the Drag Reducing Agents Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.


    Frequently Asked Questions

    1
    What is the future trend for drag reducing agents market?
    Increased adoption in non-traditional applications is expected to be the key market trend.
    2
    What are the deliverable formats of the drag reducing agents market?
    The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.
    3
    Which regions are covered in the report?
    On the basis of geography, the drag reducing agents market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America
    4
    What are the driving factors impacting the drag reducing agents market?
    The major factors driving the drag reducing agents market are:

    1. Increasing Energy Demand.

    2. Regulatory Pressure for Emission Reductions.
    5
    What are the key players operating in the drag reducing agents market?
    Baker Hughes Co, Dorf Ketal Chemicals India Pvt Ltd, Indian Oil Corp Ltd, Innospec Inc, Jiangyin Huaheng Auxiliary Co Ltd, Flowchem Pharma Pvt Ltd, LiquidPower Specialty Products Inc, Oil Flux Americas LLC, Qingdao Zoranoc Oilfield Chemical Co Ltd, and NuGenTec LLC
    6
    What is the expected CAGR of the Drag Reducing Agents Market?
    The Drag Reducing Agents Market is estimated to witness a CAGR of 5.7% from 2023 to 2031
    Habi Ummer
    Manager,
    Market Research & Consulting

    Habi is a seasoned Market Research Analyst with 8 years of experience specializing in the Chemicals and Materials sector, with additional expertise in the Food & Beverages and Consumer Goods industries. He is a Chemical Engineer from Vishwakarma Institute of Technology (VIT) and has developed deep domain knowledge across industrial and specialty chemicals, paints and coatings, paper and packaging, lubricants, and consumer products. Habi’s core competencies include market sizing and forecasting, competitive benchmarking, trend analysis, client engagement, report writing, and team coordination—making him adept at delivering actionable insights and supporting strategic decision-making.

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    Our Clients
    The List of Companies

    1. Baker Hughes
    2. China National Petroleum Corporation
    3. Colonial Pipeline Company
    4. Flowchem
    5. Innospec
    6. Lubrizol Specialty Products Inc.
    7. NuGenTec
    8. Oil Flux Americas
    9. Sino Oil King Shine Chemical
    10. The Zoranoc Oilfield Chemical
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