The Global Viscosity Reducer for Crude Oil Market was valued at USD 2.75 Billion in 2024 and is projected to reach USD 3.89 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.9% during the forecast period (2024–2030). This growth is primarily driven by the increasing exploitation of heavy and extra-heavy crude oil reserves, the need for cost-effective extraction and transportation solutions, and stringent environmental regulations pushing for enhanced operational efficiency.
As the global energy sector pivots towards maximizing recovery from challenging reservoirs, viscosity reducers have become indispensable. These chemical additives, including surfactants and polymers, play a critical role in reducing the viscosity of heavy crude, enabling easier flow from the wellbore, through pipelines, and into refineries. In this blog, we profile the Top 10 Companies in the Viscosity Reducer for Crude Oil Market—specialty chemical giants and oilfield service leaders who are innovating to unlock the world’s most valuable hydrocarbon resources.
Download FREE Sample Report:
Viscosity Reducer for Crude Oil Market – View in Detailed Research Report
🔟 1. Baker Hughes Company
Headquarters: Houston, Texas, USA
Key Offering: Comprehensive portfolio of flow assurance chemicals, including specialty viscosity reducers and paraffin inhibitors.
Baker Hughes is a global energy technology company with a formidable oilfield services division. Its chemical solutions segment provides advanced viscosity reducers designed to optimize heavy oil production and pipeline transport, helping operators reduce pumping costs and enhance throughput.
Innovation and Market Focus:
- Development of environmentally acceptable, high-performance surfactants.
- Integrated digital solutions for chemical dosage optimization.
- Strong presence in North American shale plays and Latin American heavy oil fields.
9️⃣ 2. Dow Chemical Company
Headquarters: Midland, Michigan, USA
Key Offering: ACUMER™ and UCARFLOW™ polymers and surfactants for viscosity reduction.
Dow leverages its deep expertise in polymer science to create effective viscosity modifiers for the oil and gas industry. Their products are engineered to address challenges in both onshore and offshore heavy crude applications, improving flow efficiency and reducing energy consumption.
Innovation and Market Focus:
- Focus on sustainable chemistry and bio-based raw materials.
- Tailored solutions for specific crude oil chemistries and reservoir conditions.
- Global supply chain supporting major oil-producing regions.
8️⃣ 3. Clariant AG
Headquarters: Muttenz, Switzerland
Key Offering: HySORB® and Pharmax® viscosity breakers and wax dispersants.
Clariant’s Oil & Mining Services unit is a leader in developing customized chemical solutions for flow assurance. Their viscosity reducers are known for their efficacy in harsh conditions, helping to mitigate deposition and emulsification issues in heavy crude production.
Innovation and Market Focus:
- ECO-Tag certified products emphasizing environmental safety.
- Strong R&D focus on overcoming technical challenges in mature fields.
- Strategic partnerships with national oil companies in the Middle East and Asia.
Download FREE Sample Report:
Viscosity Reducer for Crude Oil Market – View in Detailed Research Report
7️⃣ 4. Arkema Group
Headquarters: Colombes, France
Key Offering: Specialty acrylic polymers and co-polymers for crude oil viscosity modification.
Arkema provides high-performance chemical solutions across various industries, including oil and gas. Their viscosity reducers are designed to improve the pumpability of heavy crudes, contributing to more efficient and economical operations from the wellhead to the refinery.
Innovation and Market Focus:
- Innovation in polymer architecture for enhanced thermal stability.
- Commitment to reducing the carbon footprint of oil production processes.
- Active in European and Asian markets with growing heavy oil activities.
6️⃣ 5. Evonik Industries AG
Headquarters: Essen, Germany
Key Offering: VISCOPLEX® pour point depressants and flow improvers.
Evonik is a global specialty chemicals leader with a strong focus on innovation. Their VISCOPLEX product line is widely used to modify the crystallization behavior of waxes in crude oil, effectively reducing viscosity and preventing gelling during transportation.
Innovation and Market Focus:
- Extensive R&D in organic specialty chemicals for energy applications.
- Solutions that enable the transportation of waxy crude oils through long-distance pipelines.
- Emphasis on product efficacy at low dosage rates to improve cost-efficiency.
5️⃣ 6. Croda International Plc
Headquarters: Snaith, United Kingdom
Key Offering: Ethoxylated surfactants and specialty chemicals for emulsion breaking and viscosity reduction.
Croda applies its surface-active technology to create effective viscosity reducers that help separate water-in-oil emulsions, a common cause of high viscosity in crude. Their products are prized for their performance and increasingly for their sustainable profiles.
Innovation and Market Focus:
- Pioneering the use of bio-based and renewable feedstocks.
- Focus on enhancing oil recovery while minimizing environmental impact.
- Strategic growth in markets with stringent environmental standards, like the North Sea.
4️⃣ 7. China National Petroleum Corporation (CNPC)
Headquarters: Beijing, China
Key Offering: A wide range of oilfield chemicals, including viscosity reducers for domestic heavy oil fields.
As one of the world’s largest integrated energy companies, CNPC has a dedicated chemical arm that supplies essential additives for its extensive operations. The company develops and deploys viscosity reducers tailored to the specific characteristics of China’s heavy oil reserves.
Innovation and Market Focus:
- Significant investment in R&D for enhanced oil recovery (EOR) technologies.
- Dominant position in the Asia-Pacific region’s heavy oil market.
- Focus on cost-effective solutions for large-scale field applications.
Read Full Report:
Viscosity Reducer for Crude Oil Market – View in Detailed Research Report
3️⃣ 8. Flex-Chem
Headquarters: Tulsa, Oklahoma, USA
Key Offering: Custom-formulated viscosity reducers, demulsifiers, and scale inhibitors.
Flex-Chem is a specialized chemical provider focused on the upstream oil and gas sector in North America. They are known for their agile approach, formulating bespoke viscosity reducer blends that address the unique challenges of individual wells and production facilities.
Innovation and Market Focus:
- Rapid response and customization for shale and unconventional plays.
- Strong technical service support directly in the field.
- Growing product portfolio aimed at improving oil quality and flow rates.
2️⃣ 9. Thermax Limited
Headquarters: Pune, Maharashtra, India
Key Offering: Chemical solutions for water treatment and process heating, including additives for heavy oil handling.
Thermax provides energy and environmental solutions, with a chemicals division that serves the oil and gas industry. Their products help manage viscosity issues in refinery pre-treatment units and in upstream operations, particularly in the Indian subcontinent and the Middle East.
Innovation and Market Focus:
- Integration of chemical treatment with energy recovery systems.
- Focus on solving flow assurance problems in high-temperature refinery processes.
- Expanding footprint in Southeast Asia and Africa.
1️⃣ 10. NuGeneration Technologies
Headquarters: Calgary, Alberta, Canada
Key Offering: Advanced nanotechnology-based viscosity reducers and EOR chemicals.
NuGeneration Technologies is an innovative company specializing in nanochemical solutions for the energy industry. Their proprietary products use nanotechnology to achieve significant viscosity reduction at very low concentrations, offering a potentially transformative approach to heavy oil production.
Innovation and Market Focus:
- Pioneering application of nanotechnology for flow assurance.
- Focus on reducing chemical usage and operational costs.
- Targeting heavy oil and oil sands operations in Canada and Venezuela.
Read Full Report:
Viscosity Reducer for Crude Oil Market – View in Detailed Research Report
🌍 Outlook: The Future of Viscosity Reduction Is Smarter and More Sustainable
The viscosity reducer market is evolving beyond conventional chemistry. As operators target harder-to-reach reserves and face greater pressure to improve efficiency and environmental performance, innovation is accelerating. The focus is shifting towards intelligent chemical solutions, digital monitoring, and greener formulations.
📈 Key Trends Shaping the Market:
- Development of multifunctional additives that reduce viscosity while also inhibiting corrosion or scale.
- Integration of Internet of Things (IoT) sensors for real-time viscosity monitoring and automated chemical injection.
- Growing demand for bio-based and biodegradable viscosity reducers to minimize ecological impact.
- Increased R&D into nanoparticles and ionic liquids for next-generation flow assurance.
Read Full Report:
Viscosity Reducer for Crude Oil Market – View in Detailed Research Report
The companies leading this market are not just supplying chemicals—they are providing essential enablers for energy security and architects of efficient hydrocarbon recovery in an increasingly complex global landscape.
- Top 10 Companies in the Frost-resistant Concrete Market (2024): Innovators Strengthening Global Infrastructure - November 26, 2025
- Top 10 Companies in the High Temperature Resistant Insulating Mica Market (2025): Market Leaders Powering Global Electronics and Industrial Applications - November 26, 2025
- Top 10 Companies in the Bio-based Sealant Industry (2023-2028): Leading the Sustainable Bonding Revolution - November 26, 2025
