Linear Alkylbenzene Market Is Booming Across the Globe Explored in Latest Report 2019 – 2024 | Top Key players Analsysis by - Sinopec, Chevron Chemical, Sasol, LABIX

The global Linear Alkylbenzene (LAB) Market is thoroughly analysed by covering major segments of the market. An in-depth market segmentation is covered below that reflects the vital elements included in the wearable gaming accessories market research report. According to market is projected to grow at a stellar CAGR during the period of assessment, 2019-2024.

Global Linear Alkylbenzene (LAB) Market overview:

The report of global Linear Alkylbenzene (LAB) Market includes the competitive landscape section which provides the full and in-depth analysis of the current market trends, changing technologies and developments that will be beneficial for the companies, which are competing in the market. The report offers an overview of revenue, demand, and supply of data, futuristic cost, and growth analysis during the projected the year.

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The Linear Alkyl Benzene (LAB) is used as surfactant in dilute solutions for their cleaning properties. Linear alkyl benzene is derived from petroleum and is the major detergent being used today, because of its low cost. Linear Alkyl Benzene is the basic raw material for production of most widely used detergent. The need to remain healthy and disease free plays a vital role in the usage of detergents, household & laundry cleaners.

The Global Linear Alkylbenzene (LAB) Market is segmented on the basis of Product Type, Application, End Use Industry and Region. On the Basis of Product Type segment, the Linear Alkylbenzene (LAB) Market is sub segmented into C10-C12, C13-C15. Based on End Use Industry segment, the Linear Alkylbenzene (LAB) Market is sub segmented into Detergents, Industrial Cleaner.

On the basis of regional analysis, Asia-Pacific is the largest market for Linear Alkylbenzene (LAB) and is expected to witness the fastest-growth during the forecast period. Several reasons, such as rising industrialization, increase in disposable income, awareness about hygiene, and increasing population are fostering the global market for Linear Alkylbenzene (LAB) in this region.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Some of the major players that operate in the Global Linear Alkylbenzene (LAB) Market are CEPSA Quimica, Sinopec, Chevron Chemical, Sasol, LABIX Company, Reliance Aromatics, Fushun Petrochemicals, Huntsman, Prva Iskra, ISU Chemical, Jintung Petrochemical, Unggul Indah Cahaya, Iran Chemical Industries, Tamilnadu Petroproducts, Nirma, YPF SA, Formosan Union Chemical.

Latest Industry Updates:

Sasol :- Durban, South Africa – Nduna Maritime and Sasol have entered into a R400 million enterprise and supplier development (ESD) funding agreement through the Sasol Siyakha Trust, in South Africa’s first locally-owned maritime vessel. This is Sasol Siyakha’s single largest funding agreement to date. The specialised chemical tanker, named Bow Cecil, is the very first Republic of South Africa flagged vessel that will transport chemicals to international markets registered to carry the South African flag.

“We are particularly proud of this landmark agreement, as it is a significant investment into localising and diversifying our supply chain. As a global producer of a number of chemical products, we supply numerous markets around the world with products made in South Africa. Through Nduna Maritime, we are extending our value chain participation through a wholly owned South African business,” said Vuyo Kahla, Executive Vice President: Advisory, Assurance and Supply Chain, Sasol Limited.

Vusi Mazibuko, Mnambithi Group Executive Chairman said, “We are excited about the acquisition and have long term plans to own and operate our own tankers. We also have plans to expand our fleet in both liquid bulk and dry bulk vessels which will see us further deepen South African ownership of the maritime industry. The vessel currently handles outbound shipments of chemicals into South East Asia, the Middle East, and Europe for Sasol and other companies.”

Sasol spends approximately R1.8 billion a year on shipping from South Africa to global markets. As the owner of Bow Cecil, Nduna Maritime will leverage this asset to increase its capacity to ship more chemical products to markets concentrated in Asia. To date the Sasol Siyakha Trust has disbursed R426.7 million since 2007 to 91 Small, Medium and Micro Enterprises (SMMEs).

Market segment by Regions/Countries, this report covers:

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

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Table of Contents:

Global Linear Alkylbenzene (LAB) Market Report 2019

1 Linear Alkylbenzene (LAB) Definition

2 Global Linear Alkylbenzene (LAB) Market Major Player Share and Market Overview

3 Major Player Linear Alkylbenzene (LAB) Business Introduction

4 Global Linear Alkylbenzene (LAB) Market Segmentation (Region Level)

5 Global Linear Alkylbenzene (LAB) Market Segmentation (Product Type Level)

6 Global Linear Alkylbenzene (LAB) Market Segmentation (Industry Level)

7 Global Linear Alkylbenzene (LAB) Market Segmentation (Channel Level)

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