QYR Market Research Global Drag Reducing Agent market research | Page 3

QYResearch • Drag reducing agent (DRA), also called drag reducer or flow improver, is a long chain polymer chemical that is used in crude oil, refined products or non-potable water pipelines. It is injected in small amounts (parts per million) and is used to reduce the frictional pressure drop along the pipeline's length. Its use has allowed pipeline systems to greatly increase in traditional capacity and extend the life of existing systems. • The global drag reducing agent market was 181.7 MT in 2016 and is expected to increase to 316.3 MT by 2023. Overall, the drag reducing agent market performance is positive with the global economic recovery. www.qyresearch.com