openPR Logo
Press release

Linear Alkyl Benzene (LAB) Market Size, Status and Future Outlook 2025 | Cepsa Quimica Becancour Inc. (Compania Espanola de Petroleos SAU)

07-22-2021 12:12 PM CET | Associations & Organizations

Press release from: Market Insights Reports

The “Linear Alkyl Benzene (LAB) Market” report 2020 is a comprehensive, professional and in-depth research of keyword that delivers significant data for those who are seeking information for the Linear Alkyl Benzene (LAB) industry. The keyword market report delivers the product specification, key strategies, future prospect and cost structure of the industry. The report also highlighted the future trends in the Linear Alkyl Benzene (LAB) market that will impact the demand during the forecast period.

Request for PDF Brochure:

https://www.marketinsightsreports.com/reports/01091743947/linear-alkyl-benzene-lab-market-growth-trends-and-forecast-2020-2025/inquiry?source=fnbherald&Mode=21

The prominent players in the global Linear Alkyl Benzene (LAB) market are:  

Cepsa Quimica Becancour Inc. (Compania Espanola de Petroleos SAU), Farabi Petrochemicals Co., Formosan Union Chemical Corporation, HO TUNG CHEMICAL CORP., Huntsman Corporation, Indian Oil Corporation Ltd, ISU CHEMICAL, Jingtung Petrochemical Corp. Ltd, JXTG Nippon Oil & Energy Corporation, NIRMA Ltd, Quimica Venoco, Reliance Industries Limited, SBK HOLDING, Sasol, Tamilnadu Petroproducts Ltd

The market for linear alkylbenzene (LAB) is expected to register a CAGR of around 3% during the forecast period. Major factors driving the market studied are the rise in demand for cleaners and increased shale gas production. However, increasing focus on environmental regulations is expected to hinder the growth of the market studied.

- The laundry detergents industry dominated the market and is expected to grow during the forecast period, fueled by the rising penetration of washing machines in developing countries.
- The growing personal care industry in Asia-Pacific is likely to act as an opportunity in the future.
- Asia-Pacific dominated the market across the world, with the largest consumption from the countries, such as China and India.

Laundry Detergents to Dominate the Market

- Linear alkylbenzene sulfonate (LABS) is a colorless organic compound and an intermediate chemical, used mainly for the purpose of manufacturing household and industrial cleaning agents. LABS also enjoys a good demand from the detergent industry as its basic raw material.
- The applications of LABS include heavy-duty laundry liquids, light-duty dishwashing liquids, laundry powders, etc.
- Major detergent manufacturers prefer using LABS, owing to its cost-performance ratio and versatility nature. LABS is also considered as one of the safest anionic surfactants from human health and environmental point of view.
- Countries such as India, China,etc., are the leading manufacturer of laundry detergent.
- For instance, in recent times, India is one of the largest producers of soaps and detergents, globally. Government initiatives, such as the Swachh Bharat Mission, promote health and hygiene. Such initiatives, along with growing usage of soaps and detergent, have led to the growth of the manufacturing industry, which is further boosting the demand for LABS in the country.
- Furthermore, the detergent industry of the United States includes around 630 establishments (single- and multi-location companies), with combined annual revenue of about USD 25 billion.
- In Germany the market for the soap and detergent manufacturing industry is dynamic, and the industry is known for strong product innovation, as the manufacturers compete to retain consumer interest.
- All the aforementioned factors are likely to increase the demand for linear alkylbenzene sulfonate over the forecast period.

Asia-Pacific Region to Dominate the Market

- Asia-Pacific region dominated the global market share and is likely to continue its dominance during the forecast period. With the growing personal care industry and increasing need for cleaners in countries, such as China, India, and Japan, the usage of linear alkylbenzene is increasing in the region.
- The market for the soap, washing powder and synthetic detergent industry in China has grown at an average annual rate of more than 10%, in the past six years, due to increasing awareness about hygiene and development in the liquid soap segment.
- China is becoming the largest market in terms of cosmetics and skincare products, globally. The beauty sector in the country has witnessed an average growth of over 5% in the past 10 years.
- Likewise, growing consumerism is stimulating the demand for personal care products, which, in turn, is driving the linear alkylbenzene (LAB) market in India.
- Today, India is one of the largest producers of soaps in the world. The per capita consumption of toilet/bathing soap in the country is around 800 grams. Around 65% of the Indian population resides in rural areas, and the increasing disposable incomes and growth in the rural markets are making the consumers shift to premium products.
- The aforementioned factors are contributing to the increasing demand for linear alkyl benzene (LAB) consumption in the region, during the forecast period.

Get Exclusive Discount at:

https://www.marketinsightsreports.com/reports/01091743947/linear-alkyl-benzene-lab-market-growth-trends-and-forecast-2020-2025/discount?source=fnbherald&Mode=21

 Linear Alkyl Benzene (LAB) Market Report Highlights

The report provides a detailed analysis on current and future market trends to identify the investment opportunities
Market forecasts till 2026, using estimated market values as the base numbers
Key market trends across the business segments, Regions and Countries
Key developments and strategies observed in the market
Market Dynamics such as Drivers, Restraints, Opportunities and other trends
In-depth company profiles of key players and upcoming prominent players
Growth prospects among the emerging nations through 2026
Market opportunities and recommendations for new investments
Reasons to Purchase this Report

-Identify the current and future prospects of the global Linear Alkyl Benzene (LAB) market in the developed and emerging markets

-Analyse various perspectives of the market with the help of Porter’s five forces analysis

-Information about the growth of the various material, type, and application that are expected to dominate the market

-Regional and country analysis of the market

-Identify the latest developments, market shares, and strategies employed by the major market players

-3 months analyst support, along with the Market Estimate sheet (in Excel)

In conclusion, Linear Alkyl Benzene (LAB) market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function a profitable guide for all the Linear Alkyl Benzene (LAB) Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research report from every individual sector which will be helpful to understand the industry data in the most precise way.

Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Linear Alkyl Benzene (LAB) Market Size, Status and Future Outlook 2025 | Cepsa Quimica Becancour Inc. (Compania Espanola de Petroleos SAU) here

News-ID: 2334690 • Views: 559

More Releases from Market Insights Reports

Huge Growth of Respiratory Virus Infection Drugs Market by 2027 with Top Key Pla …
The Market Insights Reports has added a new statistical data to its repository titled as, Global Respiratory Virus Infection Drugs Market. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; cost, revenue, demands, and supply data (as applicable). Furthermore, the report also sheds light on recent developments and technological platforms, in addition to distinctive tools, and methodologies that will help to propel the
Huge Demand of Multiple Myeloma Drugs Market by 2027 with Top Key Players-Amgen, …
The Market Insights Reports has added a new statistical data to its repository titled as, Global Multiple Myeloma Drugs Market. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; cost, revenue, demands, and supply data (as applicable). Furthermore, the report also sheds light on recent developments and technological platforms, in addition to distinctive tools, and methodologies that will help to propel the performance
New Report Unveils more details about Anti-Neoplastic Therapy Market by 2027|Amg …
The Market Insights Reports has added a new statistical data to its repository titled as, Global Anti-Neoplastic Therapy Market. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; cost, revenue, demands, and supply data (as applicable). Furthermore, the report also sheds light on recent developments and technological platforms, in addition to distinctive tools, and methodologies that will help to propel the performance of
Future Highlighting Report on Oncology Biosimilars Market by 2027|Celltrion, Bio …
The Market Insights Reports has added a new statistical data to its repository titled as, Global Oncology Biosimilars Market. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; cost, revenue, demands, and supply data (as applicable). Furthermore, the report also sheds light on recent developments and technological platforms, in addition to distinctive tools, and methodologies that will help to propel the performance of

All 5 Releases


More Releases for LAB

Medical Lab Software
Latest Research Study on Medical Lab Software Market published by AMA, offers a detailed overview of the factors influencing the global business scope. Market research report shows the latest market insights with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors, Challenges and Current Scenario Analysis of the Medical Lab Software. Major Players in This Report
Global Lab Accessories Market
Global lab accessories market was valued US$ 378.2 Mn in 2017 and is expected to reach US$ 687.5 Mn by 2026, at a CAGR of 7.76% during a forecast period. The lab accessories market is segmented into type, end-user, and region. In terms of type, global lab accessories market is classified into microplates, label printers, pipettes, pumps, reagent reservoirs, valves, tubings, and wash stations. Based on an end-user, global lab accessories market is
Global Lab Automation Industry
Global Lab Automation Industry Latest Report on Lab Automation Market Global Analysis & 2021 Forecast Research Study Lab Automation Market Analysis Automation is one of the best weapon in the life science laboratory due to the growing demands for productivity in speed, accuracy, throughput and efficiency. Helped by advance technology, contemporary automated systems are already adept of a wide range of functions that were previously performed by slow, tedious and manual labor. Instrumentation
Electronic Lab Notebook (ELN) Market
Future Market Insights (FMI) delivers key insights on the global electronic lab notebook market in its latest report titled, “Electronic Lab Notebook Market: Global Industry Analysis and Opportunity Assessment, 2016–2026”. The global electronic lab notebook (ELN) market is anticipated to grow from US$ 221.5 Mn in 2015 to US$ 615.2 Mn by 2026, registering a CAGR of 10.1% in terms of revenue during the forecast period (2016-2026). In this report,
New Off-Grid Testing Lab
GOLDEN, CO, 22 January 2013 Positive Energies is establishing an off-grid lab in Golden, Colorado. The off-grid lab will develop, test, and verify power and energy technologies for off-grid or minimally served commercial operations. Examples of applications are light manufacturing factories, water purification and distribution facilities, communications, medical facilities, and hotels/resorts. Examples of technologies are DC microgrids, fuel cells, micro-hydro and micro-wind, solar, geothermal, and electric storage systems. Dan Gregory, CEO of
Environmental Monitoring lab in Chennai
ABC Environ Solutions Pvt.Ltd is the Environmental Engineering company,EIA Consultants and Tamil Nadu Pollution Control Board,team offer the Operation and Maintenance of R/O plants and desalination plants based on Reverse Osmosis (RO) Plant. ABC Environ involved in Environmental Monitoring and conducting Environmental Assessment,EIA (Environmental Impact Assessment) studies, EIA Consultants in Chennai, Environmental Consultants in India also in Chennai and Water Treatment. We are the first firm in India to be Accredited by