Press release
At a Significant CAGR Of 5.07%, Global Linear Alkyl Benzene Market Will Grow During The Period 2017-2021 – Clariant, Huntsman International, Reliance Industries, Chevron Phillips Chemical
Linear Alkyl Benzene Market Growth 2021
Benzene is a by-product of crude oil, which is used in various applications. It is colorless and a highly flammable liquid with a sweet smell. It is used for manufacturing chemicals with a complex structure such as styrene and ethylbenzene. More than 50% of the entire benzene production is processed into styrene, which is used to make plastics and polymers. A small amount of benzene is used to make rubber, detergents, explosives, lubricants, dyes, drugs, and pesticides. LAB is a raw material used in the production of detergents. It is a colorless liquid with a specific odor. LAB produced from mono-olefins are detergent immediate and can be easily sulfonated to obtain linear alkyl sulfonate acid (LABSA). Some of the characteristics of LAB are high light yield, high flash point, low radioactive impurities, and optimum optical transparency. LAB is either directly supplied to end users or converted to LAS and then sold.
Technavios analysts forecast the global linear alkyl benzene market to grow at a CAGR of 5.07% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global linear alkyl benzene market for 2017-2021. To calculate the market size, the report considers the revenue generated from various applications such as LAS and other niche applications.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Global Linear Alkyl Benzene Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Clariant
Huntsman International
Reliance Industries
Chevron Phillips Chemical
CEPSA
Other prominent vendors
Bisotun Petrochemical (Mahan Sepahan Industrial Development Group)
Farabi Petrochemicals
Indian Oil
Iran Chemical
ISU Chemical
JXTG Nippon Oil and Energy
SEEF
Tamilnadu Petroproducts
Unggul Indah Cahaya
Market driver
Growing demand for cleaners
For a full, detailed list, view our report
Market challenge
Stringent regulation and policies
For a full, detailed list, view our report
Get Complete TOC With Tables and Figures @ https://www.researchmoz.us/global-linear-alkyl-benzene-market-2017-2021-report.html/toc
Market trend
Growing demand from niche applications
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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