The Global Drag Reducing Agent for Oil & Gas Market was valued at USD 1.14 Billion in 2022 and is projected to reach USD 2.15 Billion by 2029, growing at a Compound Annual Growth Rate (CAGR) of 9.5% during the forecast period. This robust growth is fueled by the imperative to maximize the throughput of existing pipeline infrastructure, reduce operational energy costs, and meet the rising global demand for efficient hydrocarbon transportation.

As the energy sector focuses on optimizing logistics and enhancing the profitability of midstream operations, drag reducing agents (DRAs) have become a critical technology. These chemical additives minimize turbulent flow, allowing for increased flow rates or reduced pumping pressure. This blog profiles the Top 10 Companies in the Drag Reducing Agent for Oil & Gas Industry—specialty chemical innovators and oilfield service giants that are pivotal to the efficiency of global pipeline networks.

---

🔟 1. LiquidPower Specialty Products (A Berkshire Hathaway Company)

Headquarters: Houston, Texas, USA
Key Offering: LPI Series, LPP Series DRA polymers

LiquidPower Specialty Products is the global pioneer and market leader in DRA technology. Acquired by Berkshire Hathaway, the company’s proprietary high-molecular-weight polymers are instrumental in increasing the capacity of crude oil, refined products, and heavy oil pipelines worldwide.

Key Innovations & Market Position:

• Pioneer of polymer-based DRA technology with decades of operational experience

• Global supply chain and technical support network

• Extensive portfolio of DRAs tailored for different pipeline conditions and products

Download FREE Sample Report: Drag Reducing Agent for Oil & Gas Market – View in Detailed Research Report

---

9️⃣ 2. Flowchem (A division of Baker Hughes)

Headquarters: Houston, Texas, USA
Key Offering: Flowchem® brand DRAs, including XPP and ZenFlow® series

Flowchem is a major global competitor with a strong focus on innovation and customer-specific solutions. As part of Baker Hughes, it leverages extensive oilfield expertise to deliver high-performance DRA products and integrated flow assurance services.

Key Innovations & Market Position:

• Advanced polymer chemistry for superior performance in challenging conditions

• Comprehensive flow assurance solutions beyond just DRA supply

• Strong presence in North American shale plays and international markets

---

8️⃣ 3. Baker Hughes (GE)

Headquarters: Houston, Texas, USA
Key Offering: DRA solutions via its Turbotect® and Flowchem brands

Baker Hughes provides a wide array of oilfield services and chemicals, with DRA being a key component of its production chemicals and flow assurance portfolio. The company offers solutions for both onshore and offshore pipeline applications.

Key Innovations & Market Position:

• Integration of DRA technology with broader digital oilfield solutions

• Strong R&D capabilities focused on enhancing product efficacy and environmental profile

• Global service footprint supporting major pipeline operators

---

7️⃣ 4. Innospec Inc.

Headquarters: Englewood, Colorado, USA
Key Offering: DRA products under its Oilfield Services division

Innospec is a global specialty chemicals company with a significant presence in the oilfield chemicals market. Its DRA offerings are part of a comprehensive suite of products designed to improve efficiency and integrity throughout the oil and gas value chain.

Key Innovations & Market Position:

• Focus on developing high-performance, environmentally considerate chemical solutions

• Strategic focus on key hydrocarbon-producing regions

• Expertise in custom-formulating DRAs for specific crude oil and refined product slates

Download FREE Sample Report: Drag Reducing Agent for Oil & Gas Market – View in Detailed Research Report

---

6️⃣ 5. Oil Flux Americas

Headquarters: Houston, Texas, USA
Key Offering: Specialty DRA formulations for heavy crude and multiphase flow

Oil Flux Americas is a specialized provider focused on challenging flow assurance problems, including the transportation of heavy crude oils and multiphase flows. The company has carved out a niche with its tailored chemical solutions.

Key Innovations & Market Position:

• Specialization in heavy oil and complex pipeline applications

• Agile and responsive service model for specific customer needs

• Growing presence in the Latin American and North American markets

---

5️⃣ 6. NuGenTec

Headquarters: Calgary, Alberta, Canada
Key Offering: DRA for crude oil, NGL, and refined product pipelines

NuGenTec is a significant player in the North American market, particularly in Canada’s extensive oil sands transportation network. The company provides effective DRA solutions that help operators reduce energy consumption and increase pipeline capacity.

Key Innovations & Market Position:

• Strong foothold in the Canadian energy sector

• Expertise in cold-climate pipeline operations

• Commitment to innovation in polymer science for drag reduction

---

4️⃣ 7. Sino Oil King Shine Chemical

Headquarters: Dongying, Shandong, China
Key Offering: DRA for domestic and international pipeline projects

As a leading Chinese manufacturer, Sino Oil King Shine Chemical plays a crucial role in supplying the rapidly growing Asian pipeline market. The company supports China’s extensive domestic pipeline infrastructure and expanding international projects.

Key Innovations & Market Position:

• Dominant supplier within the Chinese market

• Cost-competitive manufacturing capabilities

• Strategic focus on Belt and Road Initiative-related energy infrastructure

---

3️⃣ 8. DESHI

Headquarters: Guangzhou, Guangdong, China
Key Offering: DRA products for oil and gas transportation

DESHI is another major Chinese chemical company contributing to the DRA market. It supplies products that help improve the efficiency of pipelines transporting both crude oil and refined products across China and other regions.

Key Innovations & Market Position:

• Significant production capacity serving the Asian market

• Focus on research to improve product performance and stability

• Expanding export operations to international markets

---

2️⃣ 9. Qflo

Headquarters: Houston, Texas, USA
Key Offering: High-performance DRA polymers

Qflo is a specialist provider known for its high-quality DRA products. The company competes by offering effective solutions and reliable service to pipeline operators looking to optimize their systems.

Key Innovations & Market Position:

• Focus on technical excellence and product reliability

• Strong customer relationships with mid-sized and large pipeline operators

• Active in both the North American and international markets

---

1️⃣ 10. Superchem Technology

Headquarters: Jiujiang, Jiangxi, China
Key Offering: Drag reducing agents and other oilfield chemicals

Superchem Technology is a growing force in the Asian chemical market, supplying DRA and a range of other chemicals to the oil and gas industry. The company is investing in expanding its technological capabilities and market reach.

Key Innovations & Market Position:

• Expanding production capacity to meet regional demand

• Investment in R&D for next-generation flow improvers

• Strategic positioning to serve the rapidly developing Asian energy sector

Get Full Report Here: Drag Reducing Agent for Oil & Gas Market – View in Detailed Research Report

---

🌍 Outlook: The Future of Pipeline Efficiency is Smarter and More Integrated

The Drag Reducing Agent market is evolving beyond simply selling chemicals toward providing integrated flow assurance solutions. The focus is on maximizing value for pipeline operators through enhanced product performance, digital monitoring, and sustainability.

📈 Key Trends Shaping the Market:

• Development of more robust and shear-stable polymers for longer-lasting effectiveness

• Integration of DRA injection with digital pipeline management systems for real-time optimization

• Growing demand for DRAs in gas and multiphase flow applications, beyond traditional liquid pipelines

• Increased emphasis on the environmental profile of chemical additives

The companies profiled are at the forefront of making global energy transportation more efficient, cost-effective, and sustainable. As pipeline networks expand and age, the role of these innovators will only become more critical.

Get Full Report Here: Drag Reducing Agent for Oil & Gas Market – View in Detailed Research Report