Press release
Linear Alkylbenzene Sulfonate (LAS) Market: BASF, Clariant, Hansa Group AG, CRODA INTERNATIONAL PUBLIC LIMITED COMPANY, Rhodia Assurances SA, Huntsman Corporation, Stepan Company, Galaxy Surfactants Limited., Evonik Industries AG, DuPont
Global Market Insights
The product helps in removing stains from fabrics by reducing the water’s surface tension. In addition, it is widely used in various product range such as laundry powders & liquids, manual dishwashing liquids, soap bars and detergent tablets. Linear Alkylbenzene Sulfonate (LAS) Market size is poised to exceed USD 9 billion by 2024; according to a new research report by Global Market Insights, Inc.
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Rapidly growing dish washing liquid demand across the globe, particularly due to positive growth indicators in the food & beverage industry is another factor boosting the global linear alkylbenzene sulfonate market size in the recent years. As dish washing liquid is essentially required in the food & beverage sector. The global food & beverage industry was approximately USD 8 trillion in 2005 and in 2015 surpassed USD 15 trillion.
LAS is produced by linear alkyl benzene (LAB). Feedstock utilized in LAB manufacturing are petrochemical derivative (kerosene, benzene). Thus, wavering petrochemical price dynamics may hamper the global linear alkylbenzene sulfonate market share in the coming years.
Household detergents & cleaners was valued at over USD 2.5 billion in 2015. Additionally, the segment will observe maximum gains by 2024. Rising consumer awareness towards heath, hygiene and cleanliness has substantially stimulated the household detergents & cleaners demand in the recent years. Furthermore, surfactants are essentially required in manufacturing detergents, which shall subsequently stimulate linear alkylbenzene sulfonate market size in the coming years.
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In 2015, linear alkylbenzene sulfonate market share for personal care products was close to 8% of the overall industry share. Increasing personal care products demand globally, chiefly due to enhancing consumer lifestyles dynamics along with drifting spending pattern towards personal wellbeing will drive industry growth by 2024. Superior product characterizes such as high emulsification, cleansing and foaming makes the product appropriate as an essential ingredient in the personal care products.
Asia Pacific linear alkylbenzene sulfonate market size was roughly around USD 2 billion 2015. Positive growth indicators in the regional food & beverage and personal care product business over the past few years is the major factor contributing growth in the region. North America, mainly led by the U.S. accounted for roughly around 15 of the global linear alkylbenzene sulfonate market share in 2015. Enormous customer base for cosmetics along with presence of strict legislation regarding hygiene in the regional food & beverage will boost the industry growth. Europe, primarily led by France, Germany and the UK will witness growth more than 5% over the estimated timeframe.
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In 2015, linear alkylbenzene sulfonate size was moderately consolidated with major business contributors accounting for more than 40%. Key companies participating in the industry includes The Dow Chemical Company, Clariant Corporation, DuPont, BASF SE, Evonik Industries AG, Hansa Group AG, Huntsman Corporation, Henkel AG & Co., Rhodia SA, Croda International and Stepan Company.
Partial Chapter of the Table of Content:
Chapter 3. Linear Alkylbenzene Sulfonate (LAS) Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.3.2. Distributor channel analysis
3.4. Industry impact forces
3.4.1. Growth drivers
3.4.1.1. Robust household detergents demand
3.4.2. Industry pitfalls & challenges
3.4.2.1. Stringent government regulations
3.5. Growth potential analysis
3.6. Regulatory trends
3.6.1. U.S.
3.6.2. Europe
3.6.3. China
3.7. Porter’s analysis
3.8. Company market share analysis, 2015
3.8.1. Strategy dashboard
3.9. PESTEL analysis
3.10. Regional price trends
3.10.1. Cost structure analysis
3.10.2. Raw material trends
Chapter 4. Linear Alkylbenzene Sulfonate (LAS) Market, By Application
4.1. LAS market share by application, 2015 & 2024
4.2. Dish washing liquids
4.2.1. Market estimates and forecasts, 2013 - 2024
4.2.2. Market estimates and forecasts by region, 2013 – 2024
4.3. Household detergents & cleaners
4.3.1. Market estimates and forecasts, 2013 - 2024
4.3.2. Market estimates and forecasts by region, 2013 – 2024
4.4. Industrial cleaners
4.4.1. Market estimates and forecasts, 2013 - 2024
4.4.2. Market estimates and forecasts by region, 2013 – 2024
4.5. Personal care products
4.5.1. Market estimates and forecasts, 2013 - 2024
4.5.2. Market estimates and forecasts by region, 2013 – 2024
4.6. Others
4.6.1. Market estimates and forecasts, 2013 - 2024
4.6.2. Market estimates and forecasts by region, 2013 – 2024
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology
Contact Us
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1 888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
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