COVID-19 Outbreak-Global Linear Alkyl benzene (LAB) Market Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020

The global linear alkyl benzene (LAB) market is expected to register a CAGR of 3.15% during the forecast period, 2018 - 2023. Linear alkyl benzene, an organic compound, is an intermediary in the production of surfactants, which is mainly used in detergents. LAB removes oil and fatty soil absorbed into the fabric, textile or any other material. LAB is mostly used to manufacture LAS to produce detergents, house cleaners, fabric softeners, and soap bars.

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Market competition by Top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the Top players including-

CEPSA Quimica SA, De Smet Ballestra, Emirates Linear Alkyl Benzene FZCO - EMALAB, Farabi Petrochemicals, Formosan Union Chemical Corporation, Honeywell, Huntsman Corporation, Indian Oil Corporation, ISU Chemical, JXTG Nippon Oil & Energy, Jintung Petrochemical Corp.,Ltd.

Market segment by Regions/Countries, this report covers
North America (U.S., Canada, Mexico)
Global (Germany, UK, France, Rest of Global)
Asia Pacific (China, India, Global, Rest of Asia Pacific)
Latin America (Brazil, Argentina, Rest of Latin America) 
Middle East & Africa

High Demand for Synthetic Detergent

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. LAB 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. As disposable income increases, the purchasing power of consumers is also rising. As the population is increasing, the number of houses, hospitals and other public infrastructure are also increasing, fueling the demand for cleaning products. Beside these, there exist high demand for LAB from industrial and household cleaning sector.

Surfactant Dominates the Market

Linear alkylbenzene sulfonic acid (LABSA) is the largest-volume synthetic surfactant because of its relatively low cost, good performance. LAB is straight chained and can be dried to a stable powder, which are biodegradable. LAB is also required for the manufacturing of LABSA and linear alkylbenzene sulfonate (LAS), which comprises the largest global share in synthetic surfactant sector. About 83-87% of LAS is being used in household detergents, dishwashing liquids, laundry liquids, laundry powders, and other household cleaners. Heavy-duty laundry liquids are used for blankets, carpets, and bed-sheets while light-duty laundry liquids are used for regular clothes. Industrial, institutional, and commercial cleaners account for most of the other applications.

Asia-Pacific Dominates the Market

In terms of consumption, APAC is the largest market for 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 LAB in this region. Developing countries, such as China, and India are expected to create opportunities for the market, owing to the growing demand for cleaners

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Major points covered in this research are:-

─Linear Alkyl benzene (LAB) Market Overview, Segment by Type (Product Category), by Application, by Region (2020-2023), Competition by Manufacturers

─Global Market Size (Value) of Linear Alkyl benzene (LAB) (2020-2023)

─Global Linear Alkyl benzene (LAB) Capacity, Production, Revenue (Value), Supply (Production), Consumption, Export, Import by Region (2020-2023)

─Global Linear Alkyl benzene (LAB) Production, Revenue (Value), Price Trend by Type

─Global Linear Alkyl benzene (LAB) Market Analysis by Application

─Global Linear Alkyl benzene (LAB) Manufacturers Profiles/Analysis

─Linear Alkyl benzene (LAB) Manufacturing Cost Analysis

─Industrial Chain, Sourcing Strategy and Downstream Buyers

─Marketing Strategy Analysis, Distributors/Traders

─Market Effect Factors Analysis

─Global Linear Alkyl benzene (LAB) Market Forecast (2020-2023)

─Competitive Landscape

─Research Findings and Conclusion

Finally, this Linear Alkyl benzene (LAB) report covers the market scenario and its development prospects over the coming years. Report likewise manages the type analysis, contrasting it with the significant application, recent Linear Alkyl benzene (LAB) product development and gives an outline of the potential Global market.

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