Linear Alkyl Benzene Lab Market Outlook 2031
The global linear alkyl benzene lab market size was USD 10.63 Billion in 2022 and is expected to reach USD 23.67 Billion by 2031 expand at a CAGR of 9.3 % during the forecast period, 2023–2031. The growth of the market is attributed to rising demand for cleaners.
Moreover, increasing use of bio-degradable linear alkylbenzene sulphonic acid instead of dodecylbenzene in industrial cleaners, laundry powder, and dishwashing liquids is driving the market growth. Linear alkyl benzene come under the class of anionic sulphonates. This chemical compound consists of hydrophobic alkylbenzene tail-group and hydrophilic sulfonate head-group.
Linear alkyl benzene with sodium laureth sulfate was traditionally used in personal products including soaps, toothpaste, sanitizer, and shampoos and household products such as spray cleaner, dishware cleaner, laundry powder. It is also used as an emulsifier polymerization and agriculture herbicide.
Linear Alkyl Benzene Lab Market Trends, Drivers, Restraints, and Opportunities
- Increasing demand for laundry products is anticipated to drive the growth of the linear alkyl benzene lab market
- Fast-pace use of the cleaners, detergents, wetting agents, paints, and ink solvents in various industries is spurring the growth of the market.
- Increasing pollution is projected to grow the use of bio-degradable linear alkyl benzene market, positively influencing the market growth.
- Widely use of agriculture herbicides is fueling the growth of the market in the projected timeline.
- High cost of the raw materials can restrain the growth of the market.
- Relaxation in the restrictions amidst the COVID-19 pandemic, rising number of vaccinated people are propelling the growth of market and creating opportunities for the industry players.
Scope of The Linear Alkyl Benzene Lab Market Report
The report on the linear alkyl benzene lab market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
|
Attributes
|
Details
|
|
Report Title
|
Linear alkyl benzene lab market – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
|
|
Base Year
|
2022
|
|
Historic Data
|
2016–2021
|
|
Forecast Period
|
2023–2031
|
|
Segmentation
|
Applications (Surfactants [Linear Alkylbenzene Sulfonates] and Other Applications), End-Users Industries (Household Cleaners, Light-duty Dishwashing Liquids, Laundry Detergents, Industrial Cleaners, and Other End-user Industries)
|
|
Regional Scope
|
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
|
|
Report Coverage
|
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
|
|
Key Players Covered in the Report
|
Cepsa Quimica Becancour; Sasol; Reliance Industries Limited; Ho Tung Chemical Corp.; Indorama Ventures; Isu Chemical Company; and Jintung Petrochemical Corp. Ltd
|
Linear Alkyl Benzene Lab Market Segment Insights
Surfactants segment is expected to grow at a rapid pace
Based on applications, the market is divided into surfactants and other applications. The surfactants segment is expected to grow at a rapid pace during the forecast period due to rapid industrialization in emerging economies. However, the other applications segment is anticipated to hold a key share of the market in the coming years owing to contribution of the key players, which are launching innovative products and deploying latest technology.
Industrial cleaners segment is projected to expand at a considerable CAGR
On the basis of end-users industries, the market is segregated into household cleaners, light-duty dishwashing liquids, laundry detergents, industrial cleaners, and other end-user industries. The industrial cleaners segment is projected to expand at a considerable CAGR during the forecast period due to fast pace development of industries around the globe.
On the other hand, the light-duty dishwashing liquids segment is anticipated to account for a major market share during the forecast period owing to increasing demands for bio-degradable products to reduce the usage of hazardous products.
Asia Pacific is anticipated to constitute a key market share
In terms of regions, the linear alkyl benzene lab market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is expected to constitute a key share of the market during the projected period due to rising demand for end-user products in countries such as India and China. However, North America is anticipated to expand at a rapid pace during the forecast period.
Segments
The Linear alkyl benzene lab market has been segmented on the basis of
Applications
- Surfactants
- Linear Alkylbenzene Sulfonates
- Other Applications
End-Users Industries
- Household Cleaners
- Light-duty Dishwashing Liquids
- Laundry Detergents, Industrial Cleaners
- Other End-user Industries
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Cepsa Quimica Becancour
- Sasol
- Reliance Industries Limited
- Ho Tung Chemical Corp.
- Indorama Ventures
- Isu Chemical Company
- Jintung Petrochemical Corp. Ltd
Competitive Landscape
Key players competing in the linear alkyl benzene lab market are Cepsa Quimica Becancour; Sasol; Reliance Industries Limited; Ho Tung Chemical Corp.; Indorama Ventures; Isu Chemical Company; and Jintung Petrochemical Corp. Ltd.
Request For Customization
Enquiry Before Buying
Speak With Analyst
