QYR Market Research Global Drag Reducing Agent market research | Page 4

QYResearch
• 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.
• The technical barrier of drag reducing agent is high, and
dominated by certain companies, such as LSPI, Baker
Hughes, Flowchem, Innospec, Oil Flux Americas, NuGenTec
and son on. Production of drag reducing agent mainly
distributes in USA and China.
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