Global Linear Alkyl Benzene Sulphonic Acid Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Linear Alkyl Benzene Sulphonic Acid Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Linear Alkyl Benzene Sulphonic Acid is an anionic surfactant with molecules characterized by a hydrophobic and a hydrophilic group. They are nonvolatile compounds produced by sulfonation. Linear alkyl benzene sulfonic acid are complex mixtures of homologues of different alkyl chain lengths (C10 to C13 or C14) and phenyl positional isomers of 2 to 5-phenyl in proportions dictated by the starting materials and reaction conditions, each containing an aromatic ring sulfonated at the para position and attached to a linear alkyl chain at any position with the exception of terminal one (1-phenyl). The properties of linear alkyl benzene sulfonic differ in physical and chemical properties according to the alkyl chain length, resulting in formulations for various applications.

Market Overview:

The latest research study on the global Linear Alkyl Benzene Sulphonic Acid market finds that the global Linear Alkyl Benzene Sulphonic Acid market reached a value of USD 5092.95 million in 2022. It’s expected that the market will achieve USD 5956.25 million by 2028, exhibiting a CAGR of 2.64% during the forecast period.

Intense market competition

LABSA industry has low technical barriers and belongs to labor-intensive industries. Currently, there are many production companies in the world LABSA industry, and the market competition is fierce. For enterprises in the industry, fierce market competition makes it difficult to reduce production costs, expand the market, and limits its development. For the entire industry, fierce market competition has reduced the vitality of R & D and innovation in the industry and is not conducive to the development of the entire industry.

Downstream demand is greatly affected by the consumption environment

LABSA is mainly used in consumer products such as Detergent and Emulsifier, so market demand is closely related to economic dynamics. At the same time, consumer preferences also affect the trend of the industry. For producers, the economic dynamics are difficult to predict and the negative effects they bring are difficult to control, and there are certain restrictions on the development of their production.

Rising raw material prices and environmental protection requirements

The main raw material of petroleum-based surfactants is petroleum and its derivatives. In recent years, as the supply and demand relationship of global non-renewable energy resources has continued to tighten, the price of petroleum has risen sharply and continued to fluctuate, which has greatly reduced the original cost-effective advantages of LAS. At the same time, due to the poor biodegradability of LAS and poor compatibility with the environment, it does not meet the policy guidance of energy conservation and environmental protection. These factors will have a great adverse effect on the development of the market.

Increased downstream demand

With the gradual recovery of the economy, the consumption of residents has gradually picked up, and the demand for consumer goods such as laundry detergent and laundry detergent has continued to rise, which has promoted the market demand for Linear Alkyl Benzene Sulphonic Acid. Provides opportunities for market participants.

Region Overview:

China is projected to account for a considerable share of the Linear Alkyl Benzene Sulphonic Acid market and is expected to become the largest region by 2028.

Company Overview:

Ho Tung is one of the major players operating in the Linear Alkyl Benzene Sulphonic Acid market, holding a share of 13.65% in 2023.

Ho Tung

Ho Tung was founded in 1980 and is headquartered in Taiwan. It mainly produces surfactant raw materials.

ISU Chemical

ISU Chemical is a supplier of petrochemical products, offering products including LAB, NP, BAB, Special Function Solutions (D-Sol), TDM and IPA.

Segmentation Overview:

As for product types, the LABSA 96% segment held the largest market share in 2022.

Application Overview:

By application, the Detergent segment occupied the biggest share from 2018 to 2022.

Detergent

Detergent is a product specially formulated for washing through a washing process. The main components usually consist of surfactants, builders and additives.

Emulsifier

Emulsifiers are a class of compounds that make a mixed liquid of two or more incompatible components into a stable emulsion.

Coupling Agent

Coupling agent is an organic silicon compound with a special structure. In its molecule, it has both a reactive group capable of binding with inorganic materials (such as glass, cement, metal, etc.) and a reactive group combining with organic materials (such as synthetic resin, etc.).

Key Companies in the global Linear Alkyl Benzene Sulphonic Acid market covered in Chapter 3:

Tufail
SK
Fogla Group
Stepan
Nanjing Gige
CEPSA (Include CSChem)
Kao
New India Detergents
Hansa Group
Ho Tung
ISU Chemical
Sasol
Huntsman
Zanyu Technology
Solvay

In Chapter 4 and Chapter 14.2, on the basis of types, the Linear Alkyl Benzene Sulphonic Acid market from 2018 to 2029 is primarily split into:

LABSA 96%
LABSA 90%
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Linear Alkyl Benzene Sulphonic Acid market from 2018 to 2029 covers:

Detergent
Emulsifier
Coupling Agent
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)