Drag Reducing Agent (DRA) Market

By Type;

Polymer-Based Drag Reducing Agents and Surfactant-Based Drag Reducing Agents

By Application;

Oil & Gas Industry and Pipelines

By Functionality;

Flow Enhancement and Energy Savings

By Formulation;

Liquid Formulation and Powder Formulation

By End-User Industry;

Petrochemicals and Mining

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn431822403 Published Date: September, 2025 Updated Date: October, 2025

Drag Reducing Agent Market Overview

Drag Reducing Agent Market (USD Million)

Drag Reducing Agent Market was valued at USD 1,180.83 million in the year 2024. 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%.


Drag Reducing Agent (DRA) Market

*Market size in USD million

CAGR 8.7 %


Study Period2025 - 2031
Base Year2024
CAGR (%)8.7 %
Market Size (2024)USD 1,180.83 Million
Market Size (2031)USD 2,117.35 Million
Market ConcentrationMedium
Report Pages396
1,180.83
2024
2,117.35
2031

Major Players

  • Baker Hughes
  • Partow Ideh Pars
  • LiquidPower Specialty Products Inc
  • Oil Flux Americas
  • Innospec Inc

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Drag Reducing Agent (DRA) Market

Fragmented - Highly competitive market without dominant players


The Drag Reducing Agent (DRA) Market is experiencing notable growth as industries seek solutions to maximize pipeline performance and efficiency. By cutting turbulence and enhancing fluid flow, these agents can boost throughput by up to 40%, making them indispensable in energy and industrial transport. Rising demand for energy and the urgent need to optimize aging infrastructure are accelerating their adoption, particularly in high-capacity pipelines.

Efficiency and Cost Benefits
Adopting drag reducing agents provides measurable operational and financial benefits. By minimizing friction, DRAs enable up to 30% savings in pumping power, which directly reduces costs and emissions. This dual benefit not only strengthens profitability but also aligns with global sustainability goals, driving adoption across multiple sectors.

Rising Adoption in Oil & Gas
The oil and gas industry continues to be the largest consumer, with over 65% of DRA usage concentrated in crude oil and refined product pipelines. Expanding reliance on long-distance pipelines and increasing operational pressures have made these agents a strategic necessity for uninterrupted flow and enhanced logistics.

Future Growth Drivers
With more than 55% of end-users reporting significant efficiency gains, the DRA market is set for continued expansion. Environmental regulations are accelerating adoption as industries prioritize energy-efficient and low-emission technologies. The combined impact of economic savings, sustainability benefits, and technological progress ensures a strong growth outlook for the market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Functionality
    4. Market Snapshot, By Formulation
    5. Market Snapshot, By End User
    6. Market Snapshot, By Region
  4. Drag Reducing Agent (DRA) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Demand for Oil and Gas
        2. Advancements in DRA Technology
      2. Restraints
        1. Fluctuations in Oil Prices
        2. Environmental Concerns
      3. Opportunities
        1. Expansion into New Applications
        2. Development of Bio-Based DRAs
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Drag Reducing Agent (DRA) Market, By Type, 2021 - 2031 (USD Million)
      1. Polymer-Based Drag Reducing Agents
      2. Surfactant-Based Drag Reducing Agents
    2. Drag Reducing Agent (DRA) Market, By Application, 2021 - 2031 (USD Million)
      1. Oil & Gas Industry
      2. Pipelines
    3. Drag Reducing Agent (DRA) Market, By Functionality, 2021 - 2031 (USD Million)
      1. Flow Enhancement
      2. Energy Savings
    4. Drag Reducing Agent (DRA) Market, By Formulation, 2021 - 2031 (USD Million)
      1. Liquid Formulation
      2. Powder Formulation
    5. Drag Reducing Agent (DRA) Market, By End-User Industry, 2021 - 2031 (USD Million)
      1. Petrochemicals
      2. Mining
    6. Drag Reducing Agent (DRA) Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BASF SE
      2. LiquidPower Specialty Products Inc. (LSPI)
      3. Baker Hughes Company
      4. Flowchem LLC
      5. Innospec Inc.
      6. Sinopec
      7. Qflo
      8. Nalco Water (Ecolab)
      9. NuGenTec
      10. Zoranoc Oilfield Chemical
      11. Schlumberger Limited
      12. Chevron Phillips Chemical Company
      13. Clariant AG
      14. Halliburton Company
      15. Petrochemical Company Kazanorgsintez
  7. Analyst Views
  8. Future Outlook of the Market