PUBLISHER: Market Research Future | PRODUCT CODE: 1699228
PUBLISHER: Market Research Future | PRODUCT CODE: 1699228
Global Linear Alkyl Benzene Market Research Report Information by Application (Follicular Unit Linear Alkylbenzene Sulfonates and Non-Surfactant Applications), by Purity (Above 98% and Below 98%) by End Use (Laundry Powder, Dish washing Liquid, Household Cleaner, Industrial Cleaners, and Others), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) Market Forecast Till 2050
During the review period, the linear alkyl benzoene market is expected to grow at a noteworthy 5.4% CAGR. One of the main factors propelling the growth of the Linear Alkyl Benzene (LAB) market is the rising demand for detergents and cleaning supplies worldwide. Linear Alkylbenzene Sulfonate (LAS), one of the most used surfactants in commercial and domestic cleaning solutions, is made mostly from LAB. The demand for LAB-based surfactants has increased dramatically as a result of the growing use of dishwashing solutions, laundry detergents, and surface cleaners in both the residential and commercial sectors.
The general public's growing awareness of the need for cleaning and hygienic products is predicted to drive up demand for linear alkyl benzene (LAB). The market will grow as more detergents and other cleaning supplies are sold. The market for linear alkyl benzene will rise during the forecast period due to rising demand for bio-based LAB products as well as increased production of petrochemicals and petroleum.
An Analysis of Market Segments
The market for alkyl benzene is divided into segments based on end-use, application, sales channel, and purity.
Based on application, the linear alkylbenzene market may be divided into two segments: non-surfactant applications and linear alkylbenzene sulfonates.
The market is divided into two segments based on purity: above 98% and below 98%.
The market is divided into direct sales, indirect sales, and other segments based on the sales channel. The market is divided into two segments based on application: surfactants and no surfactants.
Laundry powder, dishwashing liquid, household cleaners, industrial cleaners, and others are the market segments based on end-use.
Regional Perspectives
Because people are more concerned with cleanliness and sanitary qualities, the European market for linear alkyl benzoene has the second-largest market share. A greater market share will be possible due to elements including a greater emphasis on consumer spending from developing nations like Germany, the United Kingdom, and Italy. Additionally, improvements in the manufacturing sector are anticipated to propel further market expansion.
Because of the growing demand for different cleaning products from China, India, and Japan, the Asia-Pacific Linear Alkyl Benzene Market is anticipated to hold the greatest market share throughout the forecast period.
For example, it is anticipated that the India market for linear alkyl benzoene will contribute a larger portion to the Asia Pacific market. Personal care products are becoming more popular among the public due to factors like rising consumer demand, which would support the expansion of the linear alkyl benzene market in India.
Important Players
Among the leading companies in the linear alkyl benzene market are Indian Oil Corporation Ltd. (India), Reliance Industries Limited. (India), Fushun Petrochemicals, Unggul Indah Cahaya, Deten Quimica, Hansa Group AG (Germany), Hansa Group AG (South Africa), Croda International Plc (UK), Honeywell International Inc. (U.S.), Desmet Ballestra Group N.V. (Belgium), and Sasol Ltd. (South Africa).