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Global Linear Alkylbenzene (LAB) Market Growth 2023-2029

Global Linear Alkylbenzene (LAB) Market Growth 2023-2029

Product Code:461596

Published Date: Feb 08,2023

Pages: 122

Region: Global

Category: Chemical & Material

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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?