Linear Alkyl Benzene Market Size, Share, Growth, Analysis and Forecast to 2032 | ChemAnalyst
According to ChemAnalyst report, “Global Linear Alkyl Benzene (LAB) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Foreign Trade, Company Share, 2015-2032”, The Linear Alkyl Benzene (LAB) market is anticipated to experience a significant rise and reach approximately 6500 thousand tonnes, at an expected CAGR of 4.36% during the forecast period by 2032. The rising demand for Linear Alkyl Benzene (LAB) by Linear Alkylbenzene Sulfonate (LAS) and other end-use industries is anticipated to grow the demand for the Linear Alkyl Benzene (LAB) market in the forecast period.
Linear Alkyl Benzene (LAB) is an organic compound. LAB has the chemical formula as C6H5CnH2n+1. The value of n generally lies between 10 and 16. LAB is employed to manufacture Linear Alkylbenzene Sulfonate (LAS), a biodegradable surfactant. LAS is widely used in producing household detergents, institutional cleansers, and commercial cleaners.
The global market for linear alkyl benzene (LAB) is primarily being driven by an increase in the overall consumption of LAB for the production of Linear Alkylbenzene Sulfonate (LAS). One of the most common anionic surfactants in detergents like washing powders and dishwashing solutions is linear alkylbenzene sulfonates (LAS). About 90% of LAB consumed globally is used for the production of LAS to produce laundry detergents, dishwashing liquids, industrial cleaners, and household cleaners. The LAB market is anticipated to expand, supported by reasons such as rising urbanisation, increasing levels of washing machine ownership among consumers, and rising family incomes.
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The global Linear Alkyl Benzene (LAB) market is segmented on end-use, sales channel, and region. Based on region, Asia Pacific is the largest consumer of the global Linear Alkyl Benzene (LAB) market. In 2021, this region consumed approximately 50% of the global Linear Alkyl Benzene (LAB). Europe and North America stand next in the line after the Asia Pacific region as the consumers of Linear Alkyl Benzene (LAB). Moreover, Asia Pacific is dominating the Global Linear Alkyl Benzene (LAB) market in terms of production, with China and India ahead in the market.
Based on end-uses, the Linear Alkyl Benzene (LAB) market is segregated into Linear Alkylbenzene Sulfonate (LAS) and others. The Linear Alkyl Benzene (LAB) Industry dominates the Linear Alkyl Benzene (LAB) market. With rising concerns over cleanliness and personal hygiene, the demand for cleansers and detergents is anticipated to grow for domestic and commercial applications that require LAS as raw material, propelling the demand for LAB as a raw material.
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“Global Linear Alkyl Benzene (LAB) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Foreign Trade, Company Share, 2015-2032”, the significant players functional in the Linear Alkyl Benzene (LAB) market are Cepsa Corporation, Sasol, Ho Tung Chemical Corp., Isu Chemical Co., Reliance Industries Ltd., FARABI Petrochemicals Company, PT Unggul Indah Cahaya Tbk (UIC), Tamilnadu Petroproducts Limited, Indian Oil Corporation Ltd, and LABIX Company Limited.
“Linear Alkyl Benzene (LAB) is employed as a feedstock for the synthesis of Linear Alkylbenzene Sulfonate (LAS), which is further utilized for manufacturing laundry detergents, light-duty dishwashing liquids, industrial cleaners, household cleaners and other is likely to drive the Global Linear Alkyl Benzene (LAB) market in the forecast period until 2032. LAS is a biodegradable anionic surfactant and eco-friendly ingredient which is widely used to manufacture detergents. Due to rise in urbanization, the demand of detergents and cleaners will rise, which is anticipated to swell the demand of Linear Alkyl Benzene (LAB) on a global level in coming decade. “Said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.
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