Global Viscosity Reducing Agents Market Size, Share, Growth Analysis Report - Forecast 2034

Viscosity Reducing Agents Market: Industry Perspective

The global viscosity reducing agents market size was worth around USD 162.77 Million in 2024 and is predicted to grow to around USD 272.81 Million by 2034 with a compound annual growth rate (CAGR) of roughly 5.3% between 2025 and 2034. The report analyzes the global viscosity reducing agents market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the viscosity reducing agents industry.

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Viscosity Reducing Agents Market: Outlook

Viscosity-reducing agents are also referred to as drag-reducing agents. Moreover, these products are additives in pipes that help in reducing turbulence in pipelines consequently, thereby increasing fluid flow. These products act as pipeline boosters and are made up of polymers having high molecular weights. The product interferes with the bursting process and minimizes core turbulence. Viscosity-reducing agents perform buffering functions for increasing flow in the pipeline.

Key Insights

• As per the analysis shared by our research analyst, the global viscosity reducing agents market is estimated to grow annually at a CAGR of around 5.3% over the forecast period (2025-2034).
• Regarding revenue, the global viscosity reducing agents market size was valued at around USD 162.77 Million in 2024 and is projected to reach USD 272.81 Million by 2034.
• The viscosity reducing agents market is projected to grow at a significant rate due to rising demand in oil & gas for enhanced extraction, increasing applications in construction and paints, growth in pharmaceutical formulations, and advancements in chemical efficiency.
• Based on Product Type, the Polymers segment is expected to lead the global market.
• On the basis of Application, the Rubber segment is growing at a high rate and will continue to dominate the global market.
• Based on region, North America is predicted to dominate the global market during the forecast period.

Viscosity Reducing Agents Market: Growth Factors

The expansion of viscosity reducing agents market over the forecast timespan is owing to massive product demand in the oil & gas industry. In addition to this, rising urbanization along with demand for petroleum-based items will steer the growth of the viscosity-reducing agent's industry. Apart from this, these products are extensively utilized in oil pipelines for enhancing flow capacity as well as enhancing productivity. Furthermore, viscosity-reducing agents are utilized extensively for reducing viscosity in processes where excessive viscosity can cause either monetary loss or product loss. This will help the viscosity-reducing agents market hit new growth horizons in near future.

Moreover, the product improves productivity & load recovery, reduces friction minimizes damage to polymers, and alleviates fluid viscosity. Large-scale use of products in food & beverages as emulsifiers, instantizing agent, release agent, dispersant, and stabilizers will prop up business growth. Apart from this, viscosity-reducing agents are non-polluting and non-toxic and hence find extensive application in chemical & process sectors as well as research studies on animals. Additionally, it helps in the augmentation of energy conservation and hence is used widely in various sectors.

Viscosity Reducing Agents Market: Segmentation Analysis

The global viscosity reducing agents market is segmented based on Product Type, Application, and region.

Based on Product Type, the global viscosity reducing agents market is divided into Polymers, Additives, Dispersants, Surfactants.

On the basis of Application, the global viscosity reducing agents market is bifurcated into Rubber, Paints & Coatings, Cement & Construction, Oil & Gas.

Viscosity Reducing Agents Market: Report Scope

Viscosity Reducing Agents Market: Regional Landscape

Asia Pacific Market To Register Massive Lump Of Growth By 2028

Growth of viscosity reducing agents industry in Asia Pacific Market over forecast timespan is subject to rise in demand for product in crude oil firms in countries such as China and India. Moreover, there is massive penetration of product in paints & coatings for enhancing stability as well as reducing energy usage in paints & coatings manufacturing firms in Asia Pacific zone.

Viscosity Reducing Agents Market: Competitive Analysis

The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the viscosity reducing agents market on a global and regional basis.

The global viscosity reducing agents market is dominated by players like:

• Baker Hughes Company
• Alberta Treating Chemicals LTD.
• CHINAFLOC
• NuGenTecx
• LiquidPower Specialty Products Inc.
• Innospec
• Ecolab
• BYK-CHEMIE GMBH
• BASF SE
• ARKEMA Group

The global viscosity reducing agents market is segmented as follows;

By Product Type

• Polymers
• Additives
• Dispersants
• Surfactants

By Application

• Rubber
• Paints & Coatings
• Cement & Construction
• Oil & Gas

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa