PUBLISHER: TechNavio | PRODUCT CODE: 2030497
PUBLISHER: TechNavio | PRODUCT CODE: 2030497
The global drag reducing agent market is forecasted to grow by USD 328.2 mn during 2025-2030, accelerating at a CAGR of 5.2% during the forecast period. The report on the global drag reducing agent market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by expansion of global pipeline infrastructure and capacity enhancement, optimization of operational expenditure and pumping energy efficiency, advancements in heavy crude transport and specialty chemical applications.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 5.1% |
| CAGR | 5.2% |
| Incremental Value | $328.2 mn |
Technavio's global drag reducing agent market is segmented as below:
By Application
By Product
By End-User
Geography
This study identifies the integration of real-time digital monitoring and automated injection systems as one of the prime reasons driving the global drag reducing agent market growth during the next few years. Also, transition toward biodegradable and sustainable polymer formulations and strategic focus on heavy crude transport and multiphase flow optimization will lead to sizable demand in the market.
The report on the global drag reducing agent market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global drag reducing agent market vendors that include Arkema Group, Baker Hughes Co., BASF SE, China National Petroleum Corp., Clariant International Ltd., Deshi Energy Technology Group, Dorf Ketal Chemicals Ltd., Evonik Industries AG, Flowchem, Halliburton Co., Imperial Chemicals Pvt. Ltd., Indian Oil Corp. Ltd., Infineum International Ltd., Innospec Inc., Kemira Oyj, LiquidPower Specialty Products, NuGenTec, Oil Flux Americas LLC, Schlumberger Ltd., SNF Group, The Lubrizol Corp.. Also, the global drag reducing agent market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.