Global Linear Alkylbenzene (LAB) Market Growth 2023-2029
LAB (Linear Alkyl Benzene) is the main compound in the production of detergents and cleaning products. It is produced through the alkylation of Benzene and Normal Paraffin, which can be extracted from Kerosene. Most of the LAB produced will be used in the production of LAS (Linear Alkylbenzene Sulfonate), which can then be used to make detergents and cleaning products. Eighty percent of LAS produced will be used to manufacture detergents for household use. The rest will be used to manufacture industrial and commercial cleaning products. LAS is one type of surfactant which can reduce water surface tension when dissolved in water. Surfactant works by producing bubbles, which can lift stains from various surfaces and disperse them in water.
LPI (LP Information)' newest research report, the “Linear Alkylbenzene (LAB) Industry Forecast” looks at past sales and reviews total world Linear Alkylbenzene (LAB) sales in 2022, providing a comprehensive analysis by region and market sector of projected Linear Alkylbenzene (LAB) sales for 2023 through 2029. With Linear Alkylbenzene (LAB) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Linear Alkylbenzene (LAB) industry.
This Insight Report provides a comprehensive analysis of the global Linear Alkylbenzene (LAB) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Linear Alkylbenzene (LAB) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Linear Alkylbenzene (LAB) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Linear Alkylbenzene (LAB) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Linear Alkylbenzene (LAB).
The global Linear Alkylbenzene (LAB) market size is projected to grow from US$ 4228.4 million in 2022 to US$ 4744.8 million in 2029; it is expected to grow at a CAGR of 4744.8 from 2023 to 2029.
On the basis of product type, HF Paraffins represent the largest share of the worldwide Linear Alkylbenzene (LAB) market, with 71% share. In the applications, Laundry Detergent segment is estimated to be the largest end-use industry segment of the market, with 69% share of global market.The top one companies is CEPSA, which is the leaders of the industry and took up about 16% of the global market.
This report presents a comprehensive overview, market shares, and growth opportunities of Linear Alkylbenzene (LAB) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
HF Paraffins
AlCl3 Paraffins
Solid Catalyst-Detal
HF-Olefins
Segmentation by application
Laundry Detergent
Dish Detergent
Industrial Cleaner
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
CEPSA
Sasol
ISU Chemical
Unggul Indah Cahaya
Indorama
ECHEM
Farabi Petrochemicals
Quimica Venoco
Reliance
Indian Oil
Tamilnadu Petroproducts
Nirma
Qatar Petroleum
LABIX (Thaioil Group)
Iran Chemical Industries
Hansa Group
Formosan Union Chemical
Jinling Petrochemicals
Fushun Petrochemicals
Jintung Petrochemicals
Key Questions Addressed in this Report
What is the 10-year outlook for the global Linear Alkylbenzene (LAB) market?
What factors are driving Linear Alkylbenzene (LAB) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Linear Alkylbenzene (LAB) market opportunities vary by end market size?
How does Linear Alkylbenzene (LAB) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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