May 26, 2022

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Drag Reducing Additives (DRA) Market – Global Outlook and Forecast 2022-2028

3 min read

Drag-reducing additives (DRA), or drag-reducing polymers (DRP’s), are additives in pipelines that reduce turbulence in a pipe. Usually used in petroleum pipelines, they increase the pipeline capacity by reducing turbulency and increasing laminar flow.

This report contains market size and forecasts of Drag Reducing Additives (DRA) in global, including the following market information:

Global Drag Reducing Additives (DRA) Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Drag Reducing Additives (DRA) Market Sales, 2017-2022, 2023-2028, (K MT)

 

Global top five Drag Reducing Additives (DRA) companies in 2021 (%)

The global Drag Reducing Additives (DRA) market was valued at 765.1 million in 2021 and is projected to reach US$ 969.9 million by 2028, at a CAGR of 3.4% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Water-Soluble Drag Reducing Additives Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Drag Reducing Additives (DRA) include LiquidPower Specialty Products, Flowchem, Baker Hughes, Innospec, Oil Flux Americas, NuGenTec, Sino Oil King Shine Chemical, DESHI and Qflo, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Drag Reducing Additives (DRA) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Drag Reducing Additives (DRA) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Drag Reducing Additives (DRA) Market Segment Percentages, by Type, 2021 (%)

  • Water-Soluble Drag Reducing Additives
  • Oil-Soluble Drag Reducing Additives

Global Drag Reducing Additives (DRA) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Drag Reducing Additives (DRA) Market Segment Percentages, by Application, 2021 (%)

  • Crude Oil pipeline
  • Finished Fuels pipeline
  • Chemical
  • Others

Global Drag Reducing Additives (DRA) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Drag Reducing Additives (DRA) Market Segment Percentages, By Region and Country, 2021 (%)

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

  • Key companies Drag Reducing Additives (DRA) revenues in global market, 2017-2022 (Estimated), ($ millions)
  • Key companies Drag Reducing Additives (DRA) revenues share in global market, 2021 (%)
  • Key companies Drag Reducing Additives (DRA) sales in global market, 2017-2022 (Estimated), (K MT)
  • Key companies Drag Reducing Additives (DRA) sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

  • LiquidPower Specialty Products
  • Flowchem
  • Baker Hughes
  • Innospec
  • Oil Flux Americas
  • NuGenTec
  • Sino Oil King Shine Chemical
  • DESHI
  • Qflo
  • Superchem Technology
  • The Zoranoc Oilfield Chemical
  • CNPC

Table of content

1 Introduction to Research & Analysis Reports
1.1 Drag Reducing Additives (DRA) Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Drag Reducing Additives (DRA) Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Drag Reducing Additives (DRA) Overall Market Size
2.1 Global Drag Reducing Additives (DRA) Market Size: 2021 VS 2028
2.2 Global Drag Reducing Additives (DRA) Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Drag Reducing Additives (DRA) Sales: 2017-2028
3 Company Landscape
3.1 Top Drag Reducing Additives (DRA) Players in Global Market
3.2 Top Global Drag Reducing Additives (DRA) Companies Ranked by Revenue
3.3 Global Drag Reducing Additives (DRA) Revenue by Companies
3.4 Global Drag Reducing Additives (DRA) Sales by Companies
3.5 Global Drag Reducing Additives (DRA) Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Drag Reducing Additives (DRA) Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Drag Reducing Additives (DRA) Product Type
3.8 Tier 1, Tier 2 and Tier 3 Drag Reducing Additives (DRA) Players in Global Market
3.8.1 List of Global Tier 1 Drag Reducing Additives (DRA) Companies

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