Linear Alkyl Benzene Market Sales,Revenue, SWOT, PEST Analysis, Growth Factors

Posted by meera on September 1st, 2021

The Global  Linear Alkyl Benzene Market research report published by Reports and Data is an investigative research study that focuses on top players of the industry, business expansions, geographical reach, segments and sub-segments of the market, and cost and value chain analysis.

The global Linear Alkyl Benzene Market is forecast to reach USD 12.69 Billion by 2027, according to a new report by Reports and Data.  Linear Alkyl Benzene is primarily used as a raw material in the production of  Linear Alkyl Benzene sulfonate (LAS), which is a surfactant employed in detergents. It is among the most extensively used ingredient in liquid and powder detergents. The increasing demand for industrial cleaners and household application of cleaners will help the  Linear Alkyl Benzene market garner growth over the forecast period. The raw materials for LAB, which are kerosene and benzene, are supplied by significant petrochemical players such as ExxonMobil, Shell, and Sasol. Sasol and Chevron cut the supplier’s cost by producing  Linear Alkyl Benzene. The growing value of personal care and hygiene in the Asia Pacific region will help the  Linear Alkyl Benzene market gain massive demand due to the high population in the region. The rising number of viral and bacterial diseases will help in growing the demand for  Linear Alkyl Benzene in the household cleaning sector.

The prices of raw materials are a significant influence on the trends in the LAB industry. The raw materials of linear Alkyl Benzene are petrochemically derived benzene and hydrogenated kerosene. The fluctuating price of crude-oil mostly impacts the Linear Alkyl Benzene market and acts as a restraining factor to the growth of the industry. The increasing shift toward bio-based alternatives as raw material will reduce the dependence on petrochemicals-based linear Alkyl Benzene, which will become a positive for the Linear Alkyl Benzene market.

Top companies profiled in the report include: 

Cepsa, Deten Quimica S.A., Chevron Phillips Chemical Company, Honeywell International Inc, Huntsman International LLC., Reliance Industries Limited, Jingtung Petrochemical Corp., SASOL, Qatar Petroleum, and JXTG Nippon Oil & Energy Corporation, among others.

Market Overview:

The materials and chemicals industry uses diverse raw materials, from air and minerals to oil to create an immense variety of products (such as petrochemicals, agrochemicals and fragrances). The chemical industry produce basic chemicals (sold within the chemical industry), specialty chemicals (for paints and inks, crop protection), and consumer chemicals (sold directly to public such as detergents). The development of digital technologies (such as advance analytics) and increasing environment concerns has led materials and chemicals industries to explore decarbonization technologies.

Global  Linear Alkyl Benzene Market Segmentation:

Application Outlook (Revenue, USD Million; Volume, Kilo Tons;  2017-2027)

• Linear Alkyl Benzene Sulfonate (LAS)
• Non-Surfactant

End-Use Industry Outlook (Revenue, USD Million; Volume, Kilo Tons;  2017-2027)

• Heavy-duty laundry liquid
• Laundry powder
• Light-duty dish-washing liquid
• Industrial cleaners
• Household cleaners
• Other

Regional Analysis covers:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Italy
  • UK
  • Rest of EU
• Asia Pacific
  • India
  • China
  • Japan
  • South Korea
  • Rest of APAC
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America
• Middle East & Africa
  • Saudi Arabia
  • South Africa
  • UAE
  • Rest of MEA

Thank you for reading our report. To gain more info on market or customization of the report, contact Reports and Data for an Analyst Brief. Our Report offer valuable and actionable insights to industries to help clients achieve business goals.

 Key Questions Addressed in the Report:

• The global Linear Alkyl Benzene market study offers an in-depth analysis of the constantly changing market aspects such as market trends, production and consumption ratios, and revenue growth rates.
• The report offers a seven-year assessment of the global Linear Alkyl Benzene market, highlighting the key market dynamics such as drivers, restraints, trends, and opportunities.
• It throws light on the major product and application segments of the market.
• It offers a comprehensive regional analysis of the global Linear Alkyl Benzene market.
• The report’s competitive section includes the business profiles of the leading industry manufacturers and stakeholders.
• It therefore helps readers make informed business decisions through its valuable market insights and in-depth analysis of the key segments.

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