Global Drag Reducing Agent Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Product Type;
Polymers, Surfactants, and Suspension/Suspended Solids.By Application;
Crude Oil, Multi-Phase Liquid, Refined Products, Heavy, Asphaltic Crude, and Water Transportation.By End Use;
Oil & Gas, Chemicals & Petrochemicals, Energy, Agriculture, Others (Marine and Shipbuilding).By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Drag Reducing Agent Market (USD Million), 2021 - 2031
In the year 2024, the Global Drag Reducing Agent Market was valued at USD 1,180.83 million. The size of this market is expected to increase to USD 2,117.35 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.7%.
The COVID-19 pandemic had a significant negative impact on the drag-reducing agents market, as shutdowns in key industries such as chemicals and petrochemicals, oil and gas, agriculture, and energy led to a decreased demand for these products. However, the market has since rebounded and is experiencing rapid growth.
In the short term, the market is expected to benefit from increased crude oil consumption driven by the expansion of end-use industries including petrochemicals, energy generation, and oil and gas. This rise in demand is likely to boost the drag-reducing agents market during the forecast period. Nonetheless, the shift towards biofuels and growing environmental concerns may pose challenges and potentially slow market growth in the coming years.
Despite these challenges, ongoing research and development efforts, along with the introduction of innovative technologies such as nano-fluids for enhanced performance, are anticipated to drive significant growth and create substantial opportunities in the market. North America is projected to maintain its leading position in terms of revenue throughout the forecast period, holding the largest market share for drag-reducing agents.
Global Drag Reducing Agent Market Recent Developments
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In October 2022, Infinum & Entegris agreed to acquire the pipeline and industrial materials division of Infinum by Entegris. It is part of specialty chemicals and engineered materials that include a wide range of drag-reducing agents for pipeline operations.
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In January 2022, Innospec Oil-field Services introduced a water-based friction reducer, “AquaBourne.” It is for FR polymers that are purposefully devoid of any oil or surfactants.
Segment Analysis
In this report, the Global Drag Reducing Agent (DRA) Market is segmented by Product Type, Application, End Use, and Geography. By Product Type, the market includes various categories such as polymer-based DRAs, surfactant-based DRAs, and other specialized formulations. These products are designed to enhance the flow efficiency of liquids in pipelines by reducing friction and turbulence, thereby improving transportation efficiency and reducing energy consumption. Each product type offers distinct benefits depending on the specific requirements of the application and the characteristics of the fluid being transported.
The Global Drag Reducing Agent (DRA) Market is segmented by application into Crude Oil, Multi-Phase Liquid, Refined Products, Heavy Asphaltic Crude, and Water Transportation, each serving distinct needs in fluid transportation. In Crude Oil transportation, DRAs help reduce friction in pipelines, improving flow efficiency and lowering pumping energy costs. For Multi-Phase Liquids, which consist of a mix of gas, liquid, and solids, DRAs enhance flow by reducing drag. In the Refined Products segment, DRAs are used to optimize the flow of refined fuels like gasoline and diesel through pipelines. In the Heavy Asphaltic Crude segment, DRAs reduce the high friction caused by the thick consistency of asphaltic crude, ensuring smoother transport. Finally, in Water Transportation, DRAs improve the efficiency of water flow in pipelines, benefiting sectors such as municipal supply and irrigation. Overall, DRAs help increase the efficiency of fluid transport across various applications, reducing energy consumption and operational costs.
The market is also segmented by Application, covering areas such as crude oil pipelines, refined product pipelines, natural gas pipelines, and water pipelines. Each application has unique drag reduction needs and performance criteria. Additionally, the End Use segmentation includes industries such as oil and gas, chemicals, water treatment, and others, reflecting the diverse applications of DRAs in different sectors. Geographically, the report analyzes the market across regions including North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. This geographic segmentation highlights varying market dynamics and growth opportunities influenced by regional industrial activities, infrastructure development, and regulatory environments.
Global Drag Reducing Agent Segment Analysis
In this report, the Global Drag Reducing Agent Market has been segmented by Product Type, Application, End Use and Geography.
Global Drag Reducing Agent Market, Segmentation by Product Type
The Global Drag Reducing Agent Market has been segmented by Product Type into Polymers, Surfactants and Suspension/Suspended Solids.
Polymers, such as polyacrylamides and polyethylene oxides, are widely used as DRAs due to their high efficacy in reducing frictional resistance in pipelines. These polymer-based DRAs form a thin film on the pipeline walls, which minimizes turbulence and drag, thereby improving flow efficiency and reducing energy consumption. Their versatility makes them suitable for various applications, including crude oil, refined products, and water pipelines.
Surfactants, including both anionic and nonionic types, are employed to lower surface tension and enhance the flow characteristics of liquids. Surfactant-based DRAs are effective in specific applications where interaction with the fluid's surface properties is crucial. Suspension/Suspended Solids, comprising materials like fine particles or solids in suspension, are also used to reduce drag by altering the fluid's rheological properties. These types of DRAs are particularly beneficial in applications involving slurries or highly viscous fluids. Each product type offers distinct advantages, tailored to different operational requirements and pipeline conditions.
Global Drag Reducing Agent Market, Segmentation by Application
The Global Drag Reducing Agent Market has been segmented by Application into Crude Oil, Multi-Phase Liquid, Refined Products, Heavy, Asphaltic Crude, and Water Transportation.
In the Crude Oil segment, DRAs are used to reduce friction in pipelines, allowing for more efficient flow of crude oil over long distances, thus reducing pumping energy requirements and operational costs. The Multi-Phase Liquid segment involves the transportation of fluids that contain a mixture of gas, liquid, and solids, where DRAs help to reduce drag and improve the flow, making it easier to transport these complex fluids through pipelines.
In the Refined Products segment, DRAs are applied to improve the flow of refined fuels such as gasoline, diesel, and jet fuel, enhancing the efficiency of product transport through pipelines and reducing costs associated with pumping. The Heavy Asphaltic Crude segment focuses on the transportation of viscous crude oils, where DRAs help reduce the high friction and resistance caused by the thick nature of these substances, ensuring smoother flow. Lastly, the Water Transportation segment applies DRAs to improve the flow of water in pipelines, optimizing efficiency in sectors like municipal water supply and irrigation. Each of these applications benefits from DRAs by improving the flow of different types of fluids, reducing energy consumption, and enhancing the overall efficiency of the transportation process.
Global Drag Reducing Agent Market, Segmentation by End Use
The Global Drag Reducing Agent Market has been segmented by End Use into Oil & Gas, Chemicals & Petrochemicals, Energy, Agriculture and Others
In the Oil & Gas sector, DRAs are extensively used to enhance the efficiency of transporting crude oil and refined products through pipelines. By reducing friction and drag, these agents help in lowering pumping costs and improving the flow rates of hydrocarbons, making them crucial for maintaining operational efficiency in the industry.
In the Chemicals & Petrochemicals sector, DRAs are employed to facilitate the transportation of various chemical and petrochemical products, including those with high viscosities. The Energy sector also utilizes DRAs to optimize the flow of fluids in energy production and distribution processes. In Agriculture, DRAs are applied in the transportation of irrigation water and fertilizers, helping to improve the efficiency of these systems. The "Others" category encompasses additional applications such as water treatment and industrial processes, where DRAs contribute to reducing operational costs and enhancing fluid flow. Each end-use segment benefits from DRAs' ability to improve fluid transport efficiency and reduce energy consumption.
Global Drag Reducing Agent Market, Segmentation by Geography
In this report, the Global Drag Reducing Agent Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Drag Reducing Agent Market Share (%), by Geographical Region, 2024
In North America and Europe, the demand for DRAs is driven by well-established oil and gas infrastructure, advanced industrial processes, and stringent regulatory requirements aimed at enhancing operational efficiency and reducing environmental impact. Both regions are notable for their investment in advanced pipeline technologies and energy-efficient solutions, contributing to the growth of the DRA market.
The Asia Pacific region, with its rapid industrialization and extensive energy and chemical industries, is experiencing significant growth in the DRA market. Countries like China and India are major contributors due to their large-scale infrastructure projects and increasing energy demands. Meanwhile, the Middle East and Africa, rich in oil and gas resources, also present substantial opportunities for DRA applications in pipeline transport and energy sectors. Latin America is witnessing growth in DRA usage driven by expanding infrastructure and energy projects. Each region's market dynamics are shaped by local industrial needs, regulatory landscapes, and economic development trends.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Drag Reducing Agent Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers :
- Rising Demand for Oil and Gas
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Advancements in DRA Technology - Advancements in Drag Reducing Agent (DRA) technology are significantly enhancing the efficiency and effectiveness of fluid transportation systems. One notable advancement is the development of high-performance polymer-based DRAs, which offer improved drag reduction capabilities and greater stability under varying temperature and pressure conditions. These advanced polymers are engineered to provide superior performance in reducing friction and turbulence within pipelines, leading to reduced energy consumption and increased flow rates. Innovations in polymer chemistry and formulation are enabling the creation of DRAs that are more effective across a wider range of fluids and operational environments.
Another significant technological advancement is the emergence of nano-fluids as a new class of DRAs. Nano-fluids incorporate nanometer-sized particles to enhance the drag reduction properties of traditional DRAs. These particles interact with the fluid at a microscopic level, reducing friction more effectively and improving overall flow efficiency. The use of nano-fluids represents a cutting-edge approach to DRA technology, offering potential benefits such as reduced chemical usage, lower operational costs, and enhanced performance in challenging conditions. Ongoing research and development in this area are expected to drive further innovations and contribute to the continued growth of the DRA market.
Restraints :
- Fluctuations in Oil Prices
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Environmental Concerns - Environmental concerns associated with Drag Reducing Agents (DRAs) focus on their potential impacts during production, use, and disposal. The synthesis of DRAs, particularly those involving synthetic polymers and surfactants, can lead to environmental pollution if not managed properly. Emissions from manufacturing facilities and the potential release of hazardous byproducts into water sources are key concerns. Additionally, the persistence of certain DRAs in the environment can pose risks to aquatic life and ecosystems if they are not fully biodegradable or if they accumulate in natural habitats.
Moreover, the use of DRAs in pipelines and other systems can also contribute to environmental issues. For instance, leaks or spills of DRAs can lead to contamination of soil and water, affecting plant and animal life. As a result, there is a growing emphasis on developing and implementing environmentally friendly DRAs, such as those derived from renewable resources or designed to be biodegradable. Regulatory frameworks are also evolving to address these environmental impacts, requiring manufacturers to adhere to stricter guidelines for emissions and waste management, and to consider the lifecycle impacts of their products.
Opportunities :
- Expansion into New Applications
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Development of Bio-Based DRAs - The development of bio-based Drag Reducing Agents (DRAs) represents a significant advancement toward more sustainable and environmentally friendly pipeline technologies. Bio-based DRAs are derived from renewable biological sources, such as plant materials or microorganisms, rather than traditional petrochemical feedstocks. This shift aims to reduce the environmental impact associated with the production and disposal of conventional DRAs, which often involve non-renewable resources and can contribute to pollution.
One key area of development in bio-based DRAs involves the use of natural polymers and biopolymers, such as polysaccharides and proteins, which can mimic or even surpass the performance of synthetic DRAs. These natural substances are often biodegradable and have a lower environmental footprint. Additionally, advances in biotechnology and green chemistry are enabling the production of bio-based surfactants and other components that enhance the effectiveness of DRAs while being less harmful to ecosystems.
The use of bio-based DRAs aligns with broader industry trends toward sustainability and reduced environmental impact. Ongoing research is focused on improving the performance of these agents, ensuring their efficacy in various fluid systems, and optimizing their production processes to be economically viable. As technology progresses, bio-based DRAs are expected to play a growing role in reducing the environmental impact of fluid transportation and meeting regulatory requirements for greener practices.
Competitive Landscape Analysis
Key players in Global Drag Reducing Agent Market include
- Baker Hughes
- Partow Ideh Pars
- LiquidPower Specialty Products Inc
- Oil Flux Americas
- Innospec Inc
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product Type
- Market Snapshot, By Application
- Market Snapshot, By End Use
- Market Snapshot, By Region
- Global Drag Reducing Agent Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Rising Demand for Oil and Gas
- Advancements in DRA Technology
- Restraints
- Fluctuations in Oil Prices
- Environmental Concerns
- Opportunities
- Expansion into New Applications
- Development of Bio-Based DRAs
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
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Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Drag Reducing Agent Market, By Product Type, 2021- 2031 (USD Million)
- Polymers
- Surfactants
- Suspension/Suspended Solids
- Global Drag Reducing Agent Market, By Application, 2021 - 2031 (USD Million)
- Crude Oil
- Multi-phase Liquid
- Refined Products
- Heavy, Asphaltic Crude
- Water Transportation
- Global Drag Reducing Agent Market, By End Use, 2021 - 2031 (USD Million)
- Oil & Gas
- Chemicals & Petrochemicals
- Energy
- Agriculture
- Others (Marine, Shipbuilding)
- Global Drag Reducing Agent Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Drag Reducing Agent Market, By Product Type, 2021- 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Baker Hughes
- Partow Ideh Pars
- LiquidPower Specialty Products Inc
- Oil Flux Americas
- Innospec Inc
- Company Profiles
- Analyst Views
- Future Outlook of the Market