The Drag Reducing Agent market is expected to grow from to USD 0.21 billion by 2026 at a CAGR of 11% from 2026 to 2030.
Drag reducing agent likewise called flow improver or drag reducer, is a long-chain polymer substance that is utilized in raw petroleum, refined items, or non-consumable water pipelines. It is infused in little amounts and is utilized to diminish the frictional pressure drop along the pipeline''s length. The global market is segregated on the basis of Application as Oil & Gas Industry, Chemical Transportation, and Others. Based on Type the market is segmented in Viscosity Glue, Low Viscosity Glue, and Rubber Latex.
The global market report provides geographical analysis covering regions, such as North America, Europe, Asia-Pacific, and the Rest of the World. The market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
LSPI, FlowChem, Baker Hughes, Innospec, Oil Flux Americas, NuGenTec, Sino Oil King Shine Chemical, DESHI, Qflo, Superchem Technology, and others are among the major players in the market. The companies studied in terms of product strategy and various n several growths and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.
The global Drag Reducing Agent market has been segmented as below:
By Application
By Type
By Region
Drag Reducing Agent Market, By Company
The report covers the below scope:
The years considered for the study are as follows:
Report Scope:
The global market report scope includes a detailed study covering underlying factors influencing the industry trends. The report covers the analysis of regional and country-level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes a detailed competitive outlook covering market shares and profiles key participants in the global market share. Major industry players with significant revenue share include LSPI, FlowChem, Baker Hughes, Innospec, Oil Flux Americas, NuGenTec, Sino Oil King Shine Chemical, DESHI, Qflo, Superchem Technology, and others.
Why to Buy this Report:
Target Audience:
The report targeted the existing players in the industry is as follows:
Free and Paid Customization based on the requirement
Report Content
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5.1 Introduction
5.2 Oil & Gas Industry
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Chemical Transportation
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Others
5.4.1 Market Overview
5.4.2 Market Size and Forecast
6.1 Introduction
6.2 Viscosity Glue
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Low Viscosity Glue
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Rubber Latex
6.4.1 Market Overview
6.4.2 Market Size and Forecast
7.1 Introduction
7.2 North America
7.2.1 North America Market, By Application
7.2.2 North America Market, By Type
7.3 Europe
7.3.1 Europe Market, By Application
7.3.2 Europe Market, By Type
7.4 Asia-Pacific
7.4.1 Asia-Pacific Market, By Application
7.4.2 Asia-Pacific Market, By Type
7.5 Rest of the World
7.5.1 Rest of the World Market, By Application
7.5.2 Rest of the World Market, By Type
8.1 Key Insights
8.2 Company Market Share Analysis
8.3 Strategic Outlook
8.3.1 Mergers & Acquisitions
8.3.2 New Product Development
8.3.3 Portfolio/Production Capacity Expansions
8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
8.3.5 Others
9.1 LSPI
9.1.1 Company Overview
9.1.2 Product/Service Landscape
9.1.3 Financial Overview
9.1.4 Recent Developments
9.2 FlowChem
9.2.1 Company Overview
9.2.2 Product/Service Landscape
9.2.3 Financial Overview
9.2.4 Recent Developments
9.3 Baker Hughes
9.3.1 Company Overview
9.3.2 Product/Service Landscape
9.3.3 Financial Overview
9.3.4 Recent Developments
9.4 Innospec
9.4.1 Company Overview
9.4.2 Product/Service Landscape
9.4.3 Financial Overview
9.4.4 Recent Developments
9.5 Oil Flux Americas
9.5.1 Company Overview
9.5.2 Product/Service Landscape
9.5.3 Financial Overview
9.5.4 Recent Developments
9.6 NuGenTec
9.6.1 Company Overview
9.6.2 Product/Service Landscape
9.6.3 Financial Overview
9.6.4 Recent Developments
9.7 Sino Oil King Shine Chemical
9.7.1 Company Overview
9.7.2 Product/Service Landscape
9.7.3 Financial Overview
9.7.4 Recent Developments
9.8 DESHI
9.8.1 Company Overview
9.8.2 Product/Service Landscape
9.8.3 Financial Overview
9.8.4 Recent Developments
9.9 Qflo
9.9.1 Company Overview
9.9.2 Product/Service Landscape
9.9.3 Financial Overview
9.9.4 Recent Developments
9.10 Superchem Technology
9.10.1 Company Overview
9.10.2 Product/Service Landscape
9.10.3 Financial Overview
9.10.4 Recent Developments
9.11 National Petroleum Corporation
9.11.1 Company Overview
9.11.2 Product/Service Landscape
9.11.3 Financial Overview
9.11.4 Recent Developments
9.12 Partow Ideh Pars
9.12.1 Company Overview
9.12.2 Product/Service Landscape
9.12.3 Financial Overview
9.12.4 Recent Developments
9.13 Zoranoc Oilfield Chemical
9.13.1 Company Overview
9.13.2 Product/Service Landscape
9.13.3 Financial Overview
9.13.4 Recent Developments
9.14 Berkshire Hathaway Inc.
9.14.1 Company Overview
9.14.2 Product/Service Landscape
9.14.3 Financial Overview
9.14.4 Recent Developments
9.15 China National Petroleum Corp.
9.15.1 Company Overview
9.15.2 Product/Service Landscape
9.15.3 Financial Overview
9.15.4 Recent Developments
9.16 Evonik Industries AG
9.16.1 Company Overview
9.16.2 Product/Service Landscape
9.16.3 Financial Overview
9.16.4 Recent Developments
9.17 Specialized Technologies for Industrial Services Co.
9.17.1 Company Overview
9.17.2 Product/Service Landscape
9.17.3 Financial Overview
9.17.4 Recent Developments
9.18 Weifang Xinchang Chemical Co. Ltd.
9.18.1 Company Overview
9.18.2 Product/Service Landscape
9.18.3 Financial Overview
9.18.4 Recent Developments
9.19 Cabot Microelectronics Corp.
9.19.1 Company Overview
9.19.2 Product/Service Landscape
9.19.3 Financial Overview
9.19.4 Recent Developments
9.20 Imperial Oilfield Chemicals Private Limited
9.20.1 Company Overview
9.20.2 Product/Service Landscape
9.20.3 Financial Overview
9.20.4 Recent Developments
The global Drag Reducing Agent market has been segmented as below:
By Application
By Type
By Region
Drag Reducing Agent Market, By Company