The drop in the value of "f", the friction factor, with increasing Re numbers on Newtonian fluids, relates to the boundary layer where shear stresses between the tube wall and the fluid takes place. This fluid layer is considered "laminar" even in turbulent flow and is very important because it offers resistance to mass and heat transfer from the wall to the bulk of the fluid and viceversa.
Its thickness decreases with increasing kinetic energy of the fluid. In a smooth tube of radius R, the layer thickness drops from 0.0043*R at Re=10,000, to 0.00055*R at Re=100,000. It would continue in being reduced at higher Re values in smooth tubes, were it not for the effect of the conduit wall rugosities expressed as [ε]/D, the ratio of the height of the wall surface unevenness to the pipe diameter.