Press release
The Linear Alkylbenzene Sulfonate (LAS) Market Composites growth outlook with industry review and forecasts
Global Market Insights has a new study based report titled " Linear Alkylbenzene Sulfonate (LAS) Market Size By Application (Dish Washing Liquids, Household Detergents & Cleaners, Industrial Cleaners, Personal Care Products), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024".
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Awareness regarding personal health and hygiene has been increasing of late. In addition, improving customer lifestyles has led to a rise in the requirement of personal care products. On these grounds, linear alkylbenzene sulfonate market from personal care applications generated a revenue of USD 450 million in 2015 and will collect considerable revenue by the end of 2024. The product is prominently used in the personal care goods, owing to its feasible characteristics such as excellent foam generation, cleansing, and emulsifying capabilities.
North America linear alkylbenzene sulfonate market was valued USD 850 million in 2015 and will register significant annual growth rate over the coming timeframe. Escalating requirement of personal care products, cleaners, and dish washing liquids, owing to the presence of a huge customer base will influence the regional industry growth. U.S. will contribute substantially toward North America industry share.
The report offers all-inclusive analysis of:
1 Market structure
2 Factors restraining market growth
3 Market growth drivers
4 Opportunities and challenges
5 Market estimations and forecast for projected period
Household detergents and cleaners led the application segment of LAS (linear alkylbenzene sulfonate) industry by accounting over 40% of the business share in 2015 and will exhibit considerable CAGR over the years ahead. Consumers across the globe have been treading toward cleanliness and hygiene standards to maintain good health. Besides, changing preferences of customers along with rising awareness among the people will propel the product demand significantly.
The Linear Alkylbenzene Sulfonate (LAS) Market Report Consists of,
1. Methodology and Scope
2. Executive Summary
3. Linear Alkylbenzene Sulfonate (LAS) Market Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2016 - 2024
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
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3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2015
3.11. PESTEL analysis
3.14. Regional price trends
4. Linear Alkylbenzene Sulfonate (LAS) Market Product Insights
5. Linear Alkylbenzene Sulfonate (LAS) Market Application Insights
Linear alkylbenzene sulfonate market share for household detergents & cleaners led the overall industry and accounted for more than 40% of the global business share in 2015. In addition, this application is likely to exhibit fastest growth over the forecast timeframe. Increasing awareness along with changing preference of consumer groups across the globe has significantly propelled the household detergents & cleaners demand over the past few years. The product gains focus in household detergents & cleaner application as a surfactant owing to its superior characteristics even at low concentrations.
The overall linear alkylbenzene sulfonate market size for personal care products was roughly around USD 450 million in 2015. Escalating personal care product demand across the globe, particularly due to improving consumer lifestyles will positively boost the overall business share in the near future. Superior emulsifying, cleansing and foaming properties of the product makes it suitable to find applications in the personal care product.
6. Linear Alkylbenzene Sulfonate (LAS) Market Regional Insights
Asia Pacific led the overall linear alkylbenzene sulfonate market share and accounted for over 40% of the overall volume in 2015. Improving consumer lifestyle dynamics, spending pattern and growing population has significantly propelled the demand for personal care products and household detergents in the region. Furthermore, rapid industrialization in the region along with regulatory norms for maintaining hygiene in the industries has stimulated the industrial cleaners. This is turn will boost the overall business size by 2024.
North America linear alkylbenzene sulfonate market size in 2015 was more than USD 850 million. Prevalence of massive customer base of personal care products, dish washing liquid and cleaners is analyzed to be the major factor driving the regional industry growth. Europe linear alkylbenzene sulfonate market size is likely to observe gains close to 5% CAGR over the projected timespan. The regional growth rate is majorly influenced by robust dish washing cleaners and household detergents & cleaners demand. Additionally, prevalence of robust personal care product manufacturing and consumption in France, the UK and Germany will boost linear alkylbenzene sulfonate demand by 2024.
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7. Competitor Profiles
The global linear alkylbenzene sulfonate market share is moderately consolidated due to presence of major large-scale product manufacturers. In addition, major industry share contributors captured roughly around half of the overall industry volume in 2015. Some of the industry share contributor includes BASF SE, Clariant Corporation, Hansa Group AG, Croda International, Rhodia SA, Huntsman Corporation, Stepan Company, Henkel AG & Co. KGaA, Galaxy Surfactants Ltd., Evonik Industries AG, DuPont and The Dow Chemical Company.
About Global Market Insights, Inc.:
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: www.gminsights.com/
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