Drag Reducing Additives Market Analysis
Market Size, Share Global Outlook and Forecast 2025-2032
Publication Date: April 7, 2025
Drag Reducing Additives MarketOverview
Over 25% of manufacturers have introduced biodegradable DRAs, now accounting for approximately 20% of total market consumption, reflecting a shift towards sustainability.
Research has led to efficiency gains exceeding 25% in polymer-based DRAs, which now represent nearly 40% of the market share.
Around 30% of new pipeline projects in regions like Asia-Pacific and the Middle East are integrating DRAs to enhance efficiency in crude oil and gas transportation.
Over 20% of pipeline operators have adopted realtime monitoring systems, improving operational efficiency by more than 15% and reducing DRA consumption by approximately 10%.
Market Value & Growth Projections
Market Value & Growth Projections:
• Global Market Value (2023): US$ 743.60 Million
• Projected Market Value (2032): US$ 1022.30Million
• CAGR (2025-2031): 3.60%
Key Market Drivers:
Market Segmentation
By Type
By Application
Water-Soluble Drag Reducing Additives
Oil-Soluble Drag Reducing Additives
By Region
Crude Oil pipeline
Finished Fuels pipeline
Others
North America
Europe
Asia-Pacific
Middle East & Africa
Key Market Players
Innospec
Baker Hughes
Regional Market Analysis
North America
In North America, the Drag Reducing Additives (DRA) market is estimated to witness significant growth, supported by a CAGR of 3.09% from 2024 to 2032.
Europe
Europe presents a promising market for Drag Reducing Additives (DRA) with countries like Germany, UK, and France leading the industry.
Asia-Pacific
Asia-Pacific, especially regions like China and Japan, is anticipated to experience robust growth in the Drag Reducing Additives (DRA) market.
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