Global “Linear Alkyl benzene (LAB) Market” Report 2021 (value and volume) by company, regions, product types, end industries, history data and estimate data. Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. This report focuses on the Linear Alkyl benzene (LAB) in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India. Linear Alkyl benzene (LAB) Market report categorizes the market based on manufacturers, regions, type, and application. Linear Alkyl benzene (LAB) Market reports offer a detailed assessment of the Linear Alkyl benzene (LAB) including enabling technologies, current market situation, market assumptions, restraining factors.
The Global Linear Alkyl benzene (LAB) market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.
The global linear alkyl benzene (LAB) market is expected to register a CAGR of 3.15% during the forecast period, 2018 – 2023. Linear alkyl benzene, an organic compound, is an intermediary in the production of surfactants, which is mainly used in detergents. LAB removes oil and fatty soil absorbed into the fabric, textile or any other material. LAB is mostly used to manufacture LAS to produce detergents, house cleaners, fabric softeners, and soap bars.
High Demand for Synthetic Detergent
Linear Alkyl Benzene (LAB) is used as surfactant in dilute solutions for their cleaning properties. Linear alkyl benzene is derived from petroleum and is the major detergent being used today, because of its low cost. LAB is the basic raw material for production of most widely used detergent. The need to remain healthy and disease free plays a vital role in the usage of detergents, household & laundry cleaners. As disposable income increases, the purchasing power of consumers is also rising. As the population is increasing, the number of houses, hospitals and other public infrastructure are also increasing, fueling the demand for cleaning products. Beside these, there exist high demand for LAB from industrial and household cleaning sector.
Surfactant Dominates the Market
Linear alkylbenzene sulfonic acid (LABSA) is the largest-volume synthetic surfactant because of its relatively low cost, good performance. LAB is straight chained and can be dried to a stable powder, which are biodegradable. LAB is also required for the manufacturing of LABSA and linear alkylbenzene sulfonate (LAS), which comprises the largest global share in synthetic surfactant sector. About 83-87% of LAS is being used in household detergents, dishwashing liquids, laundry liquids, laundry powders, and other household cleaners. Heavy-duty laundry liquids are used for blankets, carpets, and bed-sheets while light-duty laundry liquids are used for regular clothes. Industrial, institutional, and commercial cleaners account for most of the other applications.
Asia-Pacific Dominates the Market
In terms of consumption, APAC is the largest market for LAB and is expected to witness the fastest-growth during the forecast period. Several reasons, such as rising industrialization, increase in disposable income, awareness about hygiene, and increasing population are fostering the global market for LAB in this region. Developing countries, such as China, and India are expected to create opportunities for the market, owing to the growing demand for cleaners
Major Players: CEPSA Quimica SA, Chevron Phillips Chemical, Honeywell, Huntsman Corporation, and Sasol Limited, amongst others.
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The global Linear Alkyl benzene (LAB) market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.
Linear Alkyl benzene (LAB) Market Report covers the Top Key-players in 2021:-
- CEPSA Quimica SA
- De Smet Ballestra
- Emirates Linear Alkyl Benzene FZCO – EMALAB
- Farabi Petrochemicals
- Formosan Union Chemical Corporation
- Huntsman Corporation
- Indian Oil Corporation
- ISU Chemical
- JXTG Nippon Oil & Energy
- Jintung Petrochemical Corp.
Highlighted points of Linear Alkyl benzene (LAB) Market Size:
- Covers the varying market dynamics of the industry.
- In-depth analysis of market risks, opportunities, limitations, and growth of the market.
- Includes market driving and restraining factors.
- Participants profiles along with product description, overview, and business data.
- Include details of five years of forecast analysis by types, regions, and applications.
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This Linear Alkyl benzene (LAB) Market Research/analysis Report Contains Answers to your following Questions
- Which Manufacturing Technology is Used for Linear Alkyl benzene (LAB)? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Linear Alkyl benzene (LAB) Market? What’s Their Company Profile, Their Product Information, Contact Information?
- What Was Global Market Status of Linear Alkyl benzene (LAB) Market? What Was Capacity, Production Value, Cost and PROFIT of Linear Alkyl benzene (LAB) Market?
- What Is Current Market Status of Linear Alkyl benzene (LAB) Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Linear Alkyl benzene (LAB) Market by Taking Applications and Types in Consideration?
- What Are Projections of Global Linear Alkyl benzene (LAB) Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
- What Is Linear Alkyl benzene (LAB) Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is Economic Impact On Linear Alkyl benzene (LAB) Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Linear Alkyl benzene (LAB) Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Linear Alkyl benzene (LAB) Industry?
Key Developments in the Linear Alkyl benzene (LAB) Market:
Reason to Purchase this ReportAnalyze various perspectives of the market with the help of Porters five forces analysisTo understand the dominating application used in the marketCountries expected to witness the fastest growth during the forecast periodIdentify the latest developments, market shares, and strategies employed by the major market players3-month analyst support, along with the Market Estimate sheet (in excel)
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Finally, the report Global Linear Alkyl benzene (LAB) Market 2021 describes the Linear Alkyl benzene (LAB) industry expansion game plan, the Linear Alkyl benzene (LAB) industry knowledge supply, appendix, analysis findings, and the conclusion.
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