Drag Reduction Agent Market
                     Drag Reduction Agent 
Market To Reach USD 
2.04 Billion By 2026
Market Summary
The rise in oil & gas exploration activities, the growth of chemical industries and agricultural activities 
across the globe and favorable research funding scenario for the use of DRA’s in the medical field are 
key factors contributing to high CAGR of the Global DRA Market.
Market Size – USD 930.4 Million in 2018, Market Growth - CAGR of 10.2% in the year 2026, Market 
Trends – Growth in Oil & gas, chemical and agricultural industry and the introduction of DRA’s to the 
medical field.
According to the current analysis of Reports and Data, the global DRA market was valued at USD 
930.4 million in 2018 and is expected to reach USD 2.04 Billion by year 2026, at a CAGR of 10.2%. The 
study segments the global DRA market based on product type, product, application, and end-use. The 
research takes a closer look at prominent driving factors responsible for this 10.2% CAGR. The study 
also analyses the market share of each region, company, and product. The report also presents 
constraints, opportunities, threats, challenges, and Investment opportunities prevailing in the market.
Market Summary
Further key findings from the report suggest
• The major driving forces are the growth in oil & gas expeditions, chemical refinement, and agricultural 
activities. All these activities involve the passing of some sort of fluid through a tube which is where DRA’s 
come into play. It reduces the friction inside the pipe, allowing efficient flow of fluid through these tubes.
• The primary purpose and advantage of DRA’s are it lowers pipeline frictional pressure loss by reducing the 
turbulence in the flow. It also alleviates constraints in a pipeline, overall allowing the flow rate across the 
pipeline to be increased. Accelerating flow rate allows the operator to save pumping energy as the pressure 
required to maintain the flow is reduced, thereby drastically reducing energy management costs.
• Currently, the market is estimated at USD 930.4 million and is predicted to grow at a CAGR of 10.2%, 
forecasting global valuation at 2.04 Billion USD in 2026.
• Different liquids require different strengths of DRA’s. The heavier the liquid, the stronger the DRA needs to 
be. The most transported liquid in the petroleum industry is heavy crude oil and requires high viscosity glue 
making it the most popular DRA product.
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Market Summary
Key players Baker Hughes, Partow Ideh Pars., LiquidPower Specialty Products Inc., Oil Flux Americas, NuGenTec, Innospec, 
Lubrizol Specialty Products Inc., Sino Oil King Shine Chemical, Flowchem, National Petroleum Corporation, and The Zoranoc 
Oilfield Chemical.
Segmentation:
For this report, Reports and Data have segmented the Drag Reduction Agent market based on ingredient, 
product type, application, end-use, and region:
Product Type (Revenue USD Million; Volume in Tons, 2016-2026)
• High Viscosity Glue
• Low Viscosity Glue
• Rubber Latex
Application Outlook (Revenue USD Million; Volume in Tons, 2016-2026)
• Crude Oil
• Irrigation
• Blood Treatment
• Chemical Transportation
• Other Application
Market Summary
Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
• North America
• Europe
• Asia Pacific
• MEA
• Latin America
     
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