The Global Drag Reducing Additives (DRA) Market was valued at USD 706 Million in 2024 and is projected to reach USD 916 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 3.9% during the forecast period (2024–2032). This growth is being driven by the escalating demand for pipeline optimization in the oil & gas sector, stringent energy efficiency regulations, and the expanding adoption of DRA in chemical processing and water management systems globally.

As industries worldwide prioritize operational efficiency and carbon footprint reduction, the focus intensifies on the key chemical innovators providing flow-enhancing solutions. In this blog, we profile the Top 10 Companies in the Drag Reducing Additives Industry—a group of specialized chemical manufacturers, oilfield service giants, and formulation experts shaping the future of efficient fluid transport.

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🔟 1. LiquidPower Specialty Products

Headquarters: Waltham, Massachusetts, USA
Key Offering: LPI Series Oil-Soluble DRAs, LPI Series Water-Soluble DRAs

LiquidPower Specialty Products, a Berkshire Hathaway company, is the global market leader in drag reduction technology. The company pioneered the commercial application of DRA in the 1970s and maintains a dominant position through continuous R&D and its patented high-molecular-weight polymer technology. Its additives are deployed in major crude oil and refined product pipelines worldwide, delivering significant throughput increases and energy savings.

Innovation & Sustainability Initiatives:

• Patented ultra-high molecular weight polymer technology for maximum drag reduction

• Global technical service network for optimized DRA injection and monitoring

• Investment in next-generation, environmentally-preferred formulations

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9️⃣ 2. Baker Hughes

Headquarters: Houston, Texas, USA
Key Offering: FLOWPOWER™ Oil-Soluble DRA, FLOWSTAR™ Water-Soluble DRA

Baker Hughes is a major global player in oilfield services with a robust DRA portfolio under its Integrated Well Services group. Leveraging its extensive presence in the energy sector, the company provides comprehensive flow assurance solutions, combining DRA with its pipeline cleaning and integrity management services. Baker Hughes’s strong R&D capabilities focus on developing additives for challenging environments, including deepwater pipelines and heavy crude applications.

Innovation & Sustainability Initiatives:

• Integrated chemical solutions combining DRA with corrosion and scale inhibitors

• Development of high-performance DRAs for multiphase flow conditions

• Focus on reducing the carbon footprint of pipeline operations through efficiency gains

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8️⃣ 3. Flowchem

Headquarters: Houston, Texas, USA
Key Offering: Flowchem DRA, RheoFlo DRA

Flowchem is a leading developer and manufacturer of drag reducing agents, renowned for its expertise in polymer science and pipeline hydraulics. The company serves a diverse client base, from major international oil companies to independent pipeline operators. Flowchem is recognized for its customer-centric approach, offering tailored DRA programs and real-time monitoring services to maximize operational benefits for each specific pipeline system.

Innovation & Sustainability Initiatives:

• Custom-formulated DRAs for specific crude slate and pipeline characteristics

• Advanced logistics and supply chain management for global DRA delivery

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7️⃣ 4. Innospec Inc.

Headquarters: Englewood, Colorado, USA
Key Offering: Plexflo DRA, Oil & Gas Specialty Chemicals

Innospec is a global specialty chemicals company with a significant presence in the fuel additives market, including DRAs. Its Oilfield Services division provides a range of production chemicals, with DRA being a key growth area. Innospec leverages its strong formulation expertise to create effective products that help operators increase capacity and reduce energy consumption in their pipeline networks.

Innovation & Sustainability Initiatives:

• Broad portfolio of oilfield and fuel treatment chemicals

• Commitment to responsible chemical management and product stewardship

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6️⃣ 5. Oil Flux Americas

Headquarters: Houston, Texas, USA
Key Offering: OFA Series DRA

Oil Flux Americas specializes in drag reducing additives and flow improvers for the oil and gas industry. The company focuses on providing high-efficiency products supported by technical expertise to optimize pipeline performance. Its solutions are designed to help clients overcome capacity constraints and reduce operational costs associated with fluid transportation.

Innovation & Sustainability Initiatives:

• Focus on cost-effective DRA solutions for midstream operators

• Technical support services for DRA application optimization

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5️⃣ 6. Sino Oil King Shine Chemical

Headquarters: Beijing, China
Key Offering: KSP Series DRAs

Sino Oil King Shine Chemical is one of China’s leading manufacturers of oilfield chemicals, including a comprehensive range of drag reducing additives. The company plays a critical role in supporting China’s extensive and rapidly growing pipeline infrastructure. It supplies DRAs to major national oil companies and has been expanding its presence in international markets, particularly in Asia and Africa.

Innovation & Sustainability Initiatives:

• Strong focus on the domestic Chinese market with tailored products

• Investment in R&D to improve product performance and environmental profile

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4️⃣ 7. NuGenTec

Headquarters: Calgary, Alberta, Canada
Key Offering: PolyNuGen DRA

NuGenTec is a Canadian company specializing in advanced chemical solutions for the energy industry, with a focus on drag reducing agents. The company benefits from its location in a major hydrocarbon-producing region, allowing it to develop products specifically for heavy crude and oil sands applications. NuGenTec emphasizes innovation in polymer technology to address the unique challenges of Canadian pipeline systems.

Innovation & Sustainability Initiatives:

• Specialization in DRA formulations for heavy crude and bitumen transport

• Development of cold-flow improvers for arctic pipeline conditions

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3️⃣ 8. DESHI

Headquarters: Dongying, Shandong, China
Key Offering: DESHI DRA Series

DESHI is a significant Chinese manufacturer of oilfield chemicals, including drag reducing additives. The company has grown alongside China’s oil and gas industry, supplying chemicals for production, transportation, and refining. DESHI’s DRA products are used in domestic pipeline networks and are part of its expanding export business to other emerging markets.

Innovation & Sustainability Initiatives:

• Integrated manufacturing capabilities for oilfield chemicals

• Focus on cost-competitive products for price-sensitive markets

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2️⃣ 9. Qflo

Headquarters: Houston, Texas, USA
Key Offering: Qflo DRA

Qflo is a specialized provider of drag reducing additives, focusing on the North American market. The company offers a range of DRA products designed to maximize flow efficiency in various pipeline applications. Qflo’s strategy centers on providing reliable products backed by responsive customer service and technical support to help pipeline operators achieve their throughput and efficiency goals.

Innovation & Sustainability Initiatives:

• Customer-focused approach with flexible product offerings

• Emphasis on product quality and consistency

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1️⃣ 10. Superchem Technology

Headquarters: Beijing, China
Key Offering: Superchem DRA Series

Superchem Technology is a prominent Chinese company engaged in the research, development, and production of specialty chemicals for the oil and gas industry. Its product line includes drag reducing agents used in the country’s extensive crude oil and product pipeline networks. The company is actively involved in supporting the efficiency and expansion of China’s energy infrastructure.

Innovation & Sustainability Initiatives:

• Strong R&D focus on meeting the specific needs of the Asian market

• Commitment to technological advancement in chemical engineering

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🌍 Outlook: The Future of Drag Reducing Additives Is Smarter and More Sustainable

The DRA market is undergoing a significant transformation. While polymer-based additives for hydrocarbon transport remain the core business, the industry is increasingly investing in bio-based formulations, digital monitoring technologies, and expansion into new application areas like water management.

📈 Key Trends Shaping the Market:

• Accelerated DRA adoption in Asia-Pacific driven by massive pipeline construction projects

• Regulatory push for energy efficiency promoting DRA use in industrial fluid transport

• Digitalization of DRA injection and performance monitoring for optimized results

• Strategic partnerships between DRA suppliers and pipeline operators for integrated flow assurance solutions

The companies listed above are not only enhancing pipeline efficiency—they’re enabling the sustainable transportation of vital resources across the globe.

Get Full Report Here:
Drag Reducing Additives (DRA) Market – View in Detailed Research Report