Drag Reducing Agent Market - Top Companies and Manufacturers

  • Report ID: 5221
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Companies Dominating the Drag Reducing Agent Landscape

    • Nalco Champion (Ecolab Inc.)
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Baker Hughes
    • Innospec Inc.
    • Lubrizol Corporation
    • Halliburton
    • Clariant AG
    • Schlumberger Limited
    • The Dow Chemical Company
    • Flowchem
    • Croda International Plc

Browse Key Market Insights with Data Illustration:

In the News

  • Baker Hughes and Avports announced an agreement to develop lower-carbon energy solutions for the airport industry. The agreement will focus on developing sustainable technologies and practices for airport operations, including electric ground support equipment, renewable energy, and energy efficiency measures.
  •  Baker Hughes announced that its board of directors has declared a quarterly dividend of $0.17 per share. The dividend is payable on September 15, 2023, to shareholders of record on August 15, 2023.

Author Credits:  Rajrani Baghel


  • Report ID: 5221
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of drag reducing agent is evaluated at USD 739.16 million.

The drag reducing agent market size was over USD 708.01 million in 2024 and is anticipated to exceed USD 1.32 billion by the end of 2037, growing at over 5.6% CAGR during the forecast period i.e., between 2025-2037. Increasing demand for oil and gas will drive the market growth.

Asia Pacific industry is projected to hold revenue share of 38% by 2037, due to the increasing industrial activity comes greater demand for energy and petrochemicals in the region.

The major players in the market include Nalco Champion (Ecolab Inc.), Baker Hughes, Innospec Inc., Lubrizol Corporation, Halliburton, Clariant AG, Schlumberger Limited, The Dow Chemical Company, Flowchem, Croda International Plc.
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