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Linear Alkylbenzene (LAB) Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports

03-09-2024 11:01 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Linear Alkylbenzene (LAB) Market Size
The global Linear Alkylbenzene (LAB) market was valued at US$ 4322.4 million in 2023 and is anticipated to reach US$ 4836.8 million by 2030, witnessing a CAGR of 1.6% during the forecast period 2024-2030.

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Linear Alkylbenzene (LAB) Market
LAB (Linear Alkyl Benzene) is the main compound in the production of detergents and cleaning products. It is produced through the alkylation of Benzene and Normal Paraffin, which can be extracted from Kerosene. Most of the LAB produced will be used in the production of LAS (Linear Alkylbenzene Sulfonate), which can then be used to make detergents and cleaning products. Eighty percent of LAS produced will be used to manufacture detergents for household use. The rest will be used to manufacture industrial and commercial cleaning products. LAS is one type of surfactant which can reduce water surface tension when dissolved in water. Surfactant works by producing bubbles, which can lift stains from various surfaces and disperse them in water.
On the basis of product type, HF Paraffins represent the largest share of the worldwide Linear Alkylbenzene (LAB) market, with 71% share. In the applications, Laundry Detergent segment is estimated to be the largest end-use industry segment of the market, with 69% share of global market.The top one companies is CEPSA, which is the leaders of the industry and took up about 16% of the global market.
This report aims to provide a comprehensive presentation of the global market for Linear Alkylbenzene (LAB), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Linear Alkylbenzene (LAB).
Report Scope
The Linear Alkylbenzene (LAB) market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Linear Alkylbenzene (LAB) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Linear Alkylbenzene (LAB) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

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Segment by Type
• HF Paraffins
• AlCl3 Paraffins
• Solid Catalyst-Detal
• HF-Olefins

Segment by Application
• Laundry Detergent
• Dish Detergent
• Industrial Cleaner
• Others

By Company
CEPSA, Sasol, ISU Chemical, Unggul Indah Cahaya, Indorama, ECHEM, Farabi Petrochemicals, Quimica Venoco, Reliance, Indian Oil, Tamilnadu Petroproducts, Nirma, Qatar Petroleum, LABIX (Thaioil Group), Iran Chemical Industries, Hansa Group, Formosan Union Chemical, Jinling Petrochemicals, Fushun Petrochemicals, Jintung Petrochemicals

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https://reports.valuates.com/market-reports/QYRE-Auto-31X8935/global-linear-alkylbenzene-lab

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