Drag Reducing Agent Market Analysis

Type (Polymer, Surfactant)

The polymer segment in the drag reducing agent market is estimated to gain the largest revenue share of 60% in the year 2037. As the demand for hydrocarbons escalates, the polymer-based DRA segment benefits from optimizing the transportation of crude oil and natural gas, reducing energy consumption and increasing flow rates. The International Energy Agency (IEA) predicts that global energy demand will grow by 27% by the year 2040.

End User (Petrochemical, Oil and Gas, Water Treatment)

The petrochemical segment is expected to garner a significant share in the year 2037. Petrochemical DRAs are benefiting from technological advancements, enabling tailored solutions for various fluid compositions and pipeline configurations, ultimately enhancing their effectiveness. Investment in research and development for advanced DRA formulations is driving innovation in the sector. By optimizing fluid transportation and reducing energy consumption, petrochemical DRAs contribute to substantial operational cost savings, increasing the competitiveness of petrochemical manufacturers.

Our in-depth analysis of the global market includes the following segments:

Type	Polymer Surfactant
End User	Petrochemical Oil and Gas Water Treatment

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.

Drag Reducing Agent Market Analysis