#Global Linear Alkyl Benzene Market Analysis

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Linear Alkyl Benzene Price, Trend, Prices, Demand & Market Analysis | ChemAnalyst

The Linear Alkyl Benzene (LAB) market prices are dynamic and influenced by various factors that shape the global chemical industry landscape. LAB, a key ingredient in the production of detergents, is derived from the alkylation of benzene with linear olefins. The market prices for LAB are subject to fluctuations due to shifts in raw material costs, demand-supply dynamics, and global economic trends.

One of the primary determinants of LAB prices is the cost of raw materials, specifically linear olefins and benzene. These raw materials are derived from crude oil and are susceptible to the volatility of the oil market. Fluctuations in oil prices impact the overall production costs of LAB, leading to changes in market prices. The interconnected nature of the oil and chemical markets underscores the need for industry players to monitor and respond to shifts in global energy markets.

Moreover, LAB prices are influenced by the demand for household and industrial detergents, as LAB is a crucial component in their formulation. As the global population continues to grow, particularly in emerging economies, the demand for cleaning products, and consequently LAB, is expected to rise. Economic growth, urbanization, and lifestyle changes contribute to increased demand for detergents, impacting the LAB market prices. Additionally, environmental concerns and the push for sustainable practices have led to innovations in detergent formulations, influencing the demand for LAB and, subsequently, its market prices.

Get Real Time Prices of Linear Alkyl Benzene (LAB): https://www.chemanalyst.com/Pricing-data/linear-alkyl-benzene-lab-14

Global economic conditions also play a pivotal role in shaping LAB market prices. Economic downturns can lead to reduced consumer spending, impacting the demand for detergents and, consequently, LAB. On the other hand, periods of economic growth can stimulate consumer purchasing power, driving demand for cleaning products and influencing LAB prices. Currency fluctuations, trade policies, and geopolitical events can further contribute to the uncertainty in the global economic landscape, affecting the overall dynamics of the LAB market.

Furthermore, regulatory developments and environmental considerations have a significant impact on the LAB market. Stringent regulations related to the use of certain chemicals, environmental standards, and sustainability goals influence the production processes and formulations within the chemical industry. Adherence to these regulations may require adjustments in manufacturing practices, affecting the overall cost structure and, consequently, the market prices of LAB.

The LAB market is also influenced by regional dynamics, with variations in demand and supply patterns across different geographical areas. For instance, growing populations and rapid industrialization in Asia-Pacific countries contribute to increased demand for LAB in the region. The interplay of regional factors such as economic growth, regulatory frameworks, and consumer behavior shapes the regional pricing trends for LAB.

In conclusion, the Linear Alkyl Benzene market prices are subject to a myriad of factors, including raw material costs, demand for detergents, global economic conditions, regulatory developments, and regional dynamics. Industry participants must navigate these complexities to adapt to changing market conditions and maintain competitiveness. Continuous monitoring of global energy markets, consumer trends, and regulatory landscapes is essential for stakeholders in the LAB industry to make informed decisions and respond effectively to the dynamic nature of the chemical market. As the industry continues to evolve, a holistic understanding of these factors will be crucial for companies to thrive in the competitive landscape of the LAB market.

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[ken-research-market-research]

Growth in Awareness Pertaining to Hygiene Expected to Drive Global Linear Alkyl Benzene Market: Ken Research Buy Now Linear alkylbenzenes or LAB is abiological compound C6H5CnH2n+1, also known as detergent alkylate. It isprimarily produced from n-paraffin’s, kerosene, and benzene.

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Global Lime Plaster Market

The report forecast global Linear Alkyl Benzene market to grow to reach xxx Million USD in 2019 with a CAGR of xx% during the period 2020-2025 due to coronavirus situation. The report offers detailed coverage of Linear Alkyl Benzene industry and main market trends with impact of coronavirus. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Linear Alkyl Benzene by geography. The report splits the market size, by volume and value, on the basis of application type and geography. First, this report covers the present status and the future prospects of the global Linear Alkyl Benzene market for 2015-2024. And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru]. At the same time, we classify Linear Alkyl Benzene according to the type, application by geography. More importantly, the report includes major countries market based on the type and application. Finally, the report provides detailed profile and data information analysis of leading Linear Alkyl Benzene company.

Key Content of Chapters as follows (Including and can be customized) : Part 1: Market Overview, Development, and Segment by Type, Application & Region Part 2: Company information, Sales, Cost, Margin etc. Part 3: Global Market by company, Type, Application & Geography Part 4: Asia-Pacific Market by Type, Application & Geography Part 5: Europe Market by Type, Application & Geography Part 6: North America Market by Type, Application & Geography Part 7: South America Market by Type, Application & Geography Part 8: Middle East & Africa Market by Type, Application & Geography Part 9: Market Features Part 10: Investment Opportunity Part 11: Conclusion

Market Segment as follows: By Region Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia] Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland] North America[United States, Canada, Mexico] Middle East & Africa[GCC, North Africa, South Africa] South America[Brazil, Argentina, Columbia, Chile, Peru] Key Companies CEPSA Group Jintung Petrochemical Corp. Ltd. PetroChina Fushun Petrochemical Co. Reliance Industries Ltd. Sasol Ltd. Amreya Petroleum Refining Co. Bisotun Petrochemical Chemische Fabrik WIBARCO Chevron Phillips Chemical Co. Deten Quimica EMALAB Formosan Union Chemical Gulf Farabi Petrochemicals Huntsman Indian Oil Iran Chemical Industries Investment Co. ISU Chemical LUKOIL Neftohim Burgas Nippon Petrochemicals OHIS Market by Type 95%-97% Purity 97.1%-99% Purity 99.1%-99.5% Purity Above 99.5% Purity Market by Application Activator Emulgator Lubricant Detergent Others

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[chemanalyst]

Linear Alkyl Benzene Market is Projected to Grow at a CAGR of 4% by 2030 | ChemAnalyst

According to ChemAnalyst report, “Linear Alkyl Benzene Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030”.  Linear Alkyl Benzene market witnessed a strong demand in the past five years and is projected to achieve a CAGR of 4% during the forecast period owing to its extensive utilization in the manufacturing of detergents, soaps bars, dishwashing liquids, Industrial as well as institutional cleaners and minor applications as solvent and binder in cable oil, ink industry, insulating, and electricity domains.

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Linear Alkyl Benzene is an organic compound mostly used as an intermediate in the production of surfactant linear alkylbenzene sulphonate (LAS), also known as linear alkylbenzene sulphonic acid (LABSA) which is the key ingredient for producing biodegradable detergents. About 90% of Linear Alkyl Benzene consumed globally is used for the production of detergents and cleaners for both household and industrial use. At present, UOP technology is one of the most cost-effective technology accessible therefore widely used method for the production of LAB (nearly 70%) and utilizes hydrogenated kerosene or normal paraffins as key raw materials. Almost majority of the Linear Alkyl Benzene produced is sulfonated to manufacture LABSA (Linear Alkyl Benzene Sulphonic Acid) which is the most economical surfactant available for use in detergent as well as oil soap formulations. Now, new modern technologies are being adopted by the manufacturers such as Detal Technology which not only are more efficient and sustainable processes but also optimize the use of raw material, electricity with the minimal emission and wastewater generation. Implementation of new technologies would be effective to increase the production and to meet the growing demand for biodegradable detergents in the upcoming years. new modern technologies are being adopted by the manufacturers such as Detal Technology which not only are more efficient and sustainable processes but also optimize the use of raw material, electricity with the minimal emission and wastewater generation. Implementation of new technologies would be effective to increase the production and to meet the growing demand for biodegradable detergents in the upcoming years. new modern technologies are being adopted by the manufacturers such as Detal Technology which not only are more efficient and sustainable processes but also optimize the use of raw material, electricity with the minimal emission and wastewater generation. Implementation of new technologies would be effective to increase the production and to meet the growing demand for biodegradable detergents in the upcoming years.

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COVID-19 Impact:

With the sudden outbreak of COVID-19, a strong boost in the demand for industrial and household cleaners has been perceived as the pandemic shifted consumer preference strongly towards healthcare and hygiene related products. Giant manufacturers of detergent as well as cleaners across the globe such as Procter & Gamble, Hindustan Unilever (HUL) and many others have reported strong quarterly earnings due to robust demand of detergents and household cleaners amid the Covid. To maintain hygienic conditions amidst Covid pandemic, there is a huge consumption of detergents and cleaners for washing clothes thereby, a continuous incline is witnessed in the market for detergents and cleaners. Moreover, governments listed health and hygiene products under the category of essential items therefore, the majority of LAB and LABSA manufacturers remained largely operational despite lockdowns. It is expected that burst in the global demand as several economies ramp up their manufacturing units to cater to the exponential rise in consumer demand would further accelerate the market growth in the forecast period.

Regional Outlook:

Region wise, Asia pacific holds the major share of global demand for Linear Alkyl Benzene market, due to the largest consumption of Linear Alkyl Benzene from China and India. Increased urbanization and government initiatives to promote better health and hygiene practices are likely to drive the surge in the demand for detergent. Chennai base TPL has announced to invest 240 crores for increasing its capacity from 120,000 to 145,000 tons per annum. CEPSA, one of the largest producers of Linear Alkyl Benzene is going to expand its capacity up to approximately 2 lakh tons per annum at Puente Mayorga, Spain which will enhance its total capacity up to 6 million tons / annum that consequently going to fuel its market in Europe in the forthcoming years.

Major Players:

CEPSA Quimica SA

Deten Quimica

Fushun Petrochemical Company

Chevron Phillips Chemicals

Honeywell

Arabian Petrochemical Company

Huntsman Corporation

Reliance Industries Limited

Jingtung Petrochemical Corp.

Indian Oil Corporation Ltd etc.

“Being directly linked to the FMCG industry, The Linear Alkyl Benzene Market is expected to move in tandem with the population growth and growing consumer sophistication. With rising concerns over cleanliness and personal hygiene, government led various campaigns to promote wellness, well-being and welfare (WWW) of the citizens to reach Sustainable Development Goal (SDG), targeting universal water, sanitation and hygiene for all by 2030 would further support the market growth in the forecast period. Moreover, there is a trajectory rise in the demand for detergents and cleaners amid Covid crisis also expands its market across the globe and further expected to grow in the future. All these factors are likely to propel the Linear Alkyl Benzene market growth in the forecast period. With new competitors emerging across the Asian Linear Alkyl Benzene market, players anticipate that there will be sufficient supply demand gaps in future. At this, it is extremely important to keep an eye which region will grab the biggest market share in the upcoming years” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.

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Benzene Market Growth, Analysis, Forecast 2022-2028

A recent study by the strategic consulting and market research firm; BlueWeave Consulting revealed that the Global Benzene Market was 45.4 million tons in 2021 and is projected to reach 58.0 million tons by the year 2028, growing at a CAGR of 3.6% over the analysis period of 2022-2028. The expansion in the benzene market can be primarily attributed burgeoning demand for benzene derivatives from numerous end-use industries including the automotive industry, electrical & electronics industry, houseware products, textiles industry among others which are driving the growth of the global benzene market during the forecast period 2022-2028.

Burgeoning Demand for Benzene Derivatives by Various End-Use Industries Driving the Global Benzene Market Growth

The surge in the demand for the benzene derivatives like ethylbenzene, cumene, cyclohexane, nitrobenzene, linear alkyl benzene, etc. across various end-user industries is likely to drive substantial demand for benzene during the forecast period 2022-2028. Moreover, a rise in the use of insulation materials in construction is contributing significantly to the market growth. Additionally, rising urbanization and escalating disposable incomes have raised the demand for consumer products like thinners and furniture wax across the world. Benzene acts as a key solvent in numerous commercial, research, and industrial processes. For instance, alkyl benzene is extensively used to produce surfactants in the production of detergents. Similarly, cyclohexane, another derivative of benzene, is a primary raw material for manufacturing nylon, used for producing textiles. Furthermore, the thriving paints and coatings industry (PCI) also acts as a major growth propelling factor for the global benzene market.

Automobile Segment to Grow at A Higher Growth Rate During the Forecast Period

There has been a rising demand for benzene derivatives by the automobile industry. This can be attributed to the wide range of applications found by benzene derivatives in the automobile sector. Benzene serves as a solvent for degreasing and cleaning parts in the automotive sector. Moreover, it is used to manufacture synthetic rubber, chemicals, plastics, etc. that are extensively used by different end-use industries. In the electrical and electronics industry, it is employed as a solvent and paint remover. Moreover, it is used to manufacture several compound plastics like phenolic resins, extensively used by different end-use industries.

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Impact of COVID-19 On The Global Benzene Market

As a result of the COVID-19 pandemic, the world witnessed one of the worst recessions since WW2. The global Benzene market has also been brutally impacted by the emergence of the COVID-19 pandemic. Several governments around the world imposed rigorous lockdowns thus vividly hampering the building and construction, transportation, textiles, electrical, and electronics industries, which are the most important end-user industries for the benzene market. All this resulted in substantial sales drops of aromatic products, consumer appliances, electronic components, apparel, and others, which significantly reduced the demand for benzene. Nevertheless, with the improving market circumstances in the post covid era, the growth of the benzene market is likely to recover during the forecast period.

The Asia-Pacific Region Is Expected to Grow with The Highest CAGR in The Global Benzene Market.

In terms of regional analysis, the global benzene market has been classified into North America, Europe, the Asia-Pacific, Latin America and the Middle East, and Africa. Amidst the segmentation, the Asia-Pacific region is expected to be the largest growing market in the region during the forecast period as a result of the escalating end-user markets such as electronics and home appliances, construction, textiles in India, China, and other ASEAN countries. Moreover, benzene is extensively used in the production of construction products like paints, flooring, adhesives, fiberglass, and others. According to the National Bureau of Statistics of China, the construction output in China stood at approximately CNY 29.31 trillion in 2021. This is likely to further boost the demand for benzene in the Asia-Pacific region. Reliance Industries Limited is one of the foremost players in the manufacturing of benzene having an annual production capacity of around 1400 KT, which is supporting the local demand of India as well as exports to numerous countries throughout the world.

Competitive Landscape

The global benzene market is a fragmented market. The key players operating in the global Benzene market are China Petroleum & Chemical Corporation, Exxon Mobil Corporation, Royal Dutch Shell Plc., The Dow Chemical Company, JX Holdings Inc., China National Petroleum Corporation, Total S.A., Saudi Basic Industries Corporation, BP Plc, and BASF SE., LG Chem, JS Holding, GX Caltex, Haldia Petrochemicals, Reliance Industries Ltd., Indian Oil Inc., and other prominent players. The players maintain their dominance in the market by enhancing their production capabilities, research, and development activities, and launching improved products for the customers. Different strategies are adopted like engaging in strategic alliances, agreements, mergers, and collaborations.

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[researge]

Europe Linear alkyl benzene (LAB) Market Study 2015 - 2030

Analysis of the LINEAR ALKYL BENZENE (LAB) MARKET

A comprehensive market study on the LINEAR ALKYL BENZENE (LAB) MARKET Market provides an overview of the demand-supply and consumption patterns of Linear alkyl benzene (LAB) Market across six different regions. This market study describes the Linear alkyl benzene (LAB) Market Market, with focus on major countries and their subsequent demand for different segments. This report on the global Linear alkyl benzene (LAB) Market market offers a complete overview of various factors impacting positively or negatively on the overall growth of the Keyword market.

Distinct market estimations and forecasts are presented in this comprehensive Linear alkyl benzene (LAB) Market market study. Various secondary sources such as encyclopedia, directories, technical handbooks, company annual reports, industry association publications, magazine articles, world economic outlook, and databases have been referred to identify and collect information useful for this extensive commercial study of Linear alkyl benzene (LAB) Market. Moreover, both micro-economic and macro-economic factors have been considered to arrive at growth rate and size estimation in the short and long-term forecast. Prismane Consulting supplements this with primary research. The primary sources are experts from related industries and suppliers. For market forecast, and production / plant operating rates, we assume numerous reasons that drive production including new production capacity is brought on-stream, Planned, and unplanned outages of existing capacities and Subdued demand from end-use applications.

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The current COVID-19 pandemic is causing high and rising human costs worldwide. Isolation, nationwide lockdowns, and widespread closures to stop the spread of the virus have severely impacted the economy. As a result, the global economy declined by an around of -3.5% in 2020, much worse and below the 2008-2009 subprime mortgage crisis. The global economy has grown between 5% and 6% in 2021 and 2022 due to the normalization brought in the regional economic activities on back of the fading COVID-19 pandemic and stability in the crude oil prices. The economic activities have been aided by the new policies surrounding financial, agricultural, industrial, and manufacturing sector. The report on Linear alkyl benzene (LAB) Market Market studies and outlines the impact of COVID-19 and presents the forecasts for the short, mid and long-term. The report also covers Macro-economic factors like GDP, Population and World Economic integration, Economic & Energy Outlook, Industry & Policy Developments, End-use Industry / Applications Market, Reasoning & Analysis, Insightful Commentary, Market Review, Comparative Analysis, Latest Trends and market developments, Key players, Strategic Issues and Recommendations, Business Opportunity Assessment and much more.

Europe Linear alkyl benzene Demand Supply Analysis By Application, By End Uses

(Volume, Value) (2015–2030)

     Strategic Issues

     Capacity Analysis – Plants and Projects (2015 – 2030)

Capacity

Production

Producing Companies

Capacity Additions and Investments

Location

Salient Statistics

Technology / Process

     Demand Analysis and Forecast (2015 – 2030)

Capacity

Production

Operating Rate

Import

Export

Net Trade

Demand

Demand Growth Rate (%)

Key Growth Factors and Impact Analysis

Europe Linear alkyl benzene Market, By Application

Surfactants

Others

Europe Linear alkyl benzene Market, By End Uses

Laundry detergents

Light-duty dishwashing liquids

Industrial cleaners

Household cleaners

Cosmetics & personal care

Others

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Real-world industry, consulting, and market research experience

Average work experience of 10+ years

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[marketrevenueba]

Linear Alkyl Benzene Market Sales, Market Share Analysis, and Forecast to 2027

The Global  Linear Alkyl Benzene Market research report published by Reports and Data is an investigative research study that focuses on top players of the industry, business expansions, geographical reach, segments and sub-segments of the market, and cost and value chain analysis.

The global  Linear Alkyl Benzene Market is forecast to reach USD 12.69 Billion by 2027, according to a new report by Reports and Data.  Linear Alkyl Benzene is primarily used as a raw material in the production of  Linear Alkyl Benzene sulfonate (LAS), which is a surfactant employed in detergents. It is among the most extensively used ingredient in liquid and powder detergents. The increasing demand for industrial cleaners and household application of cleaners will help the  Linear Alkyl Benzene market garner growth over the forecast period. The raw materials for LAB, which are kerosene and benzene, are supplied by significant petrochemical players such as ExxonMobil, Shell, and Sasol. Sasol and Chevron cut the supplier’s cost by producing  Linear Alkyl Benzene. The growing value of personal care and hygiene in the Asia Pacific region will help the  Linear Alkyl Benzene market gain massive demand due to the high population in the region. The rising number of viral and bacterial diseases will help in growing the demand for  Linear Alkyl Benzene in the household cleaning sector.

The prices of raw materials are a significant influence on the trends in the LAB industry. The raw materials of linear Alkyl Benzene are petrochemically derived benzene and hydrogenated kerosene. The fluctuating price of crude-oil mostly impacts the Linear Alkyl Benzene market and acts as a restraining factor to the growth of the industry. The increasing shift toward bio-based alternatives as raw material will reduce the dependence on petrochemicals-based linear Alkyl Benzene, which will become a positive for the Linear Alkyl Benzene market.

Top companies profiled in the report include:

Cepsa, Deten Quimica S.A., Chevron Phillips Chemical Company, Honeywell International Inc, Huntsman International LLC., Reliance Industries Limited, Jingtung Petrochemical Corp., SASOL, Qatar Petroleum, and JXTG Nippon Oil & Energy Corporation, among others.

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Market Overview:

The materials and chemicals industry uses diverse raw materials, from air and minerals to oil to create an immense variety of products (such as petrochemicals, agrochemicals and fragrances). The chemical industry produce basic chemicals (sold within the chemical industry), specialty chemicals (for paints and inks, crop protection), and consumer chemicals (sold directly to public such as detergents). The development of digital technologies (such as advance analytics) and increasing environment concerns has led materials and chemicals industries to explore decarbonization technologies.

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Global  Linear Alkyl Benzene Market Segmentation:

Application Outlook (Revenue, USD Million; Volume, Kilo Tons;  2017-2027)

Linear Alkyl Benzene Sulfonate (LAS)

Non-Surfactant

End-Use Industry Outlook (Revenue, USD Million; Volume, Kilo Tons;  2017-2027)

Heavy-duty laundry liquid

Laundry powder

Light-duty dish-washing liquid

Industrial cleaners

Household cleaners

Other

Regional Analysis covers:

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

US

Canada

Mexico

Germany

Italy

UK

Rest of EU

India

China

Japan

South Korea

Rest of APAC

Brazil

Argentina

Rest of Latin America

Saudi Arabia

South Africa

UAE

Rest of MEA

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Thank you for reading our report. To gain more info on market or customization of the report, contact Reports and Data for an Analyst Brief. Our Report offer valuable and actionable insights to industries to help clients achieve business goals.

Key Questions Addressed in the Report:

The global Linear Alkyl Benzene market study offers an in-depth analysis of the constantly changing market aspects such as market trends, production and consumption ratios, and revenue growth rates.

The report offers a seven-year assessment of the global Linear Alkyl Benzene market, highlighting the key market dynamics such as drivers, restraints, trends, and opportunities.

It throws light on the major product and application segments of the market.

It offers a comprehensive regional analysis of the global Linear Alkyl Benzene market.

The report’s competitive section includes the business profiles of the leading industry manufacturers and stakeholders.

It therefore helps readers make informed business decisions through its valuable market insights and in-depth analysis of the key segments.

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[karishmamulani]

#1Decene Market [By Derivative (Polyalphaolefins, Oxo Alcohols (Plasticizer and Detergent Alcohols), Linear Alkyl Benzene, Linear Mercaptans, Chlorinated Alpha Olefins, Alkyl Dimethylamine & di-Alkyl Dimethylamine); By Application (Poly Alpha Olefin (PAO), Detergent Alcohol, Polyethylene) By Region]: Market size & Forecast To 2026

[chemanalyst]

Linear Alkyl Benzene Market (CAGR of 4%) 2015-2030: Global Industry Size, Share, Trends, Analysis Report | ChemAnalyst

According to ChemAnalyst report, “Linear Alkyl Benzene Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030”. Linear Alkyl Benzene market witnessed a strong demand in the past five years and is projected to achieve a CAGR of 4% during the forecast period owing to its extensive utilization in the manufacturing of detergents, soaps bars, dishwashing liquids, Industrial as well as institutional cleaners and minor applications as solvent and binder in cable oil, ink industry, insulating, and electricity domains.

READ FULL REPORT HERE: https://www.chemanalyst.com/industry-report/linear-alkyl-benzene-market-278

Linear Alkyl Benzene is an organic compound mostly used as an intermediate in the production of surfactant linear alkylbenzene sulphonate (LAS), also known as linear alkylbenzene sulphonic acid (LABSA) which is the key ingredient for producing biodegradable detergents. About 90% of Linear Alkyl Benzene consumed globally is used for the production of detergents and cleaners for both household and industrial use. At present, UOP technology is one of the most cost-effective technology accessible therefore widely used method for the production of LAB (nearly 70%) and utilizes hydrogenated kerosene or normal paraffins as key raw materials. Almost majority of the Linear Alkyl Benzene produced is sulfonated to manufacture LABSA (Linear Alkyl Benzene Sulphonic Acid) which is the most economical surfactant available for use in detergent as well as oil soap formulations. Now, new modern technologies are being adopted by the manufacturers such as Detal Technology which not only are more efficient and sustainable processes but also optimize the use of raw material, electricity with the minimal emission and wastewater generation. Implementation of new technologies would be effective to increase the production and to meet the growing demand for biodegradable detergents in the upcoming years.

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With the sudden outbreak of COVID-19, a strong boost in the demand for industrial and household cleaners has been perceived as the pandemic shifted consumer preference strongly towards healthcare and hygiene related products. Giant manufacturers of detergent as well as cleaners across the globe such as Procter & Gamble, Hindustan Unilever (HUL) and many others have reported strong quarterly earnings due to robust demand of detergents and household cleaners amid the Covid. To maintain hygienic conditions amidst Covid pandemic, there is a huge consumption of detergents and cleaners for washing clothes thereby, a continuous incline is witnessed in the market for detergents and cleaners. Moreover, governments listed health and hygiene products under the category of essential items therefore, the majority of LAB and LABSA manufacturers remained largely operational despite lockdowns. It is expected that burst in the global demand as several economies ramp up their manufacturing units to cater to the exponential rise in consumer demand would further accelerate the market growth in the forecast period.

Region wise, Asia pacific holds the major share of global demand for Linear Alkyl Benzene market, due to the largest consumption of Linear Alkyl Benzene from China and India. Increased urbanization and government initiatives to promote better health and hygiene practices are likely to drive the surge in the demand for detergent. Chennai base TPL has announced to invest 240 crores for increasing its capacity from 120,000 to 145,000 tons per annum. CEPSA, one of the largest producers of Linear Alkyl Benzene is going to expand its capacity up to approximately 2 lakh tons per annum at Puente Mayorga, Spain which will enhance its total capacity up to 6 million tons/annum that consequently going to fuel its market in Europe in the forthcoming years.  

According to ChemAnalyst report, “Linear Alkyl Benzene Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030”, Major players for Linear Alkyl Benzene globally include CEPSA Quimica S.A., Deten Quimica, Fushun Petrochemical Company, Chevron Phillips Chemicals, Honeywell, Arabian Petrochemical Company, Huntsman Corporation, Reliance Industries Limited, Jingtung Petrochemical Corp., Indian Oil Corporation Ltd etc.

“Being directly linked to the FMCG industry, the Linear Alkyl Benzene market is expected to move in tandem with the population growth and growing consumer sophistication. With rising concerns over cleanliness and personal hygiene, government led various campaigns to promote wellness, well-being and welfare (WWW) of the citizens to reach Sustainable Development Goal (SDG), targeting universal water, sanitation and hygiene for all by 2030 would further support the market growth in the forecast period. Moreover, there is a trajectory rise in the demand for detergents and cleaners amid Covid crisis also expands its market across the globe and further expected to grow in the future. All these factors are likely to propel the Linear Alkyl Benzene market growth in the forecast period. With new competitors emerging across the Asian Linear Alkyl Benzene market, players anticipate that there will be sufficient supply demand gaps in future. At this, it is extremely important to keep an eye which region will grab the biggest market share in the upcoming years” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.

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ChemAnalyst also provides market analysis for more than 1000+ chemical commodities such as Production, Demand, Supply, Plant Operating Rate, Imports, Exports, Suppliers, Customers and much more. The company has created online interactive dashboard in which customers can access all this data instantly with a click of a button. The users will not only be able to analyse historical data for past years but will also get to analyse short term and long-term forecasts for coming years. With the access to local field teams, the company can provide high quality reliable market analysis data for more than 20 countries.

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Surfactants Market Demand, Application, COVID-19 Analysis, Share, Forecast 2027

Surfactants Market Overview:

Surfactants Market has increased its market growth in recent years and is expected to grow at a rapid pace during the forecasted period. The global market of Surfactants is forecasted to witness a thriving growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2018 – 2023).

Surfactants Market is estimated to witness robust growth due to growing demand from construction sector and continuous growth of paint & coatings industry across the globe. Furthermore, anionic surfactants are emerged as the largest type segment due to increasing demand for linear alkyl benzene in cleaners and detergents due to unique properties with this aforementioned reason the market is expected to register strong growth in the near future.

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Surfactants Market Key Players:

Global Surfactants industry Players are: Akzo Nobel N.V (Netherland), Air Products and Chemicals Inc (U.S.), Clariant AG (Switzerland), E. I. Du Pont De Nemours & Co (U.S.), Evonik Industries AG (Germany), Huntsman Corporation (U.S.), KAO Corporation (Japan), Solvay (Belgium), Stepan Company (U.S.) and Galaxy Surfactants Ltd. (India) among others.

Surfactants Market Application:

Surfactants has found numerous application such as in Household detergents, Toiletries/personal care, Industrial and institutional cleaning, Textiles, Pulp and paper and in Others including polymers, paints and coating, leather, oil field chemicals, agro-chemical formulations, etc. Surfactants are gaining huge traction in the current time, owing to its wide range of applicability especially, and its huge demand in the industrial applications. Surfactants value chain and the interplay between oleo chemical and petrochemical routes. Indeed, the prices of fats and oils have also declined in 2015—however, not to the same extent as for crude oil.

Study Objectives of Surfactants Market:

To provide detailed analysis of the market structure along with forecast for the next 5 years of various segments and sub-segments of the global COVID-19 analysis on surfactants market report

To provide insights about factors affecting the market growth

To analyse the global surfactants market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.

To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, APAC, and Rest of the World (ROW)

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Asia Pacific Linear alkyl benzene (LAB) Market Study 2015 - 2030

Analysis of the LINEAR ALKYL BENZENE (LAB) MARKET

A comprehensive market study on the LINEAR ALKYL BENZENE (LAB) MARKET Market provides an overview of the demand-supply and consumption patterns of Linear alkyl benzene (LAB) Market across six different regions. This market study describes the Linear alkyl benzene (LAB) Market Market, with focus on major countries and their subsequent demand for different segments. This report on the global Linear alkyl benzene (LAB) Market market offers a complete overview of various factors impacting positively or negatively on the overall growth of the Keyword market.

Distinct market estimations and forecasts are presented in this comprehensive Linear alkyl benzene (LAB) Market market study. Various secondary sources such as encyclopedia, directories, technical handbooks, company annual reports, industry association publications, magazine articles, world economic outlook, and databases have been referred to identify and collect information useful for this extensive commercial study of Linear alkyl benzene (LAB) Market. Moreover, both micro-economic and macro-economic factors have been considered to arrive at growth rate and size estimation in the short and long-term forecast. Prismane Consulting supplements this with primary research. The primary sources are experts from related industries and suppliers. For market forecast, and production / plant operating rates, we assume numerous reasons that drive production including new production capacity is brought on-stream, Planned, and unplanned outages of existing capacities and Subdued demand from end-use applications.

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The current COVID-19 pandemic is causing high and rising human costs worldwide. Isolation, nationwide lockdowns, and widespread closures to stop the spread of the virus have severely impacted the economy. As a result, the global economy declined by an around of -3.5% in 2020, much worse and below the 2008-2009 subprime mortgage crisis. The global economy has grown between 5% and 6% in 2021 and 2022 due to the normalization brought in the regional economic activities on back of the fading COVID-19 pandemic and stability in the crude oil prices. The economic activities have been aided by the new policies surrounding financial, agricultural, industrial, and manufacturing sector. The report on Linear alkyl benzene (LAB) Market Market studies and outlines the impact of COVID-19 and presents the forecasts for the short, mid and long-term. The report also covers Macro-economic factors like GDP, Population and World Economic integration, Economic & Energy Outlook, Industry & Policy Developments, End-use Industry / Applications Market, Reasoning & Analysis, Insightful Commentary, Market Review, Comparative Analysis, Latest Trends and market developments, Key players, Strategic Issues and Recommendations, Business Opportunity Assessment and much more.

Asia-Pacific Linear alkyl benzene Demand Supply Analysis By Application, By End Uses

(Volume, Value) (2015–2030)

     Strategic Issues

     Capacity Analysis – Plants and Projects (2015 – 2030)

Capacity

Production

Producing Companies

Capacity Additions and Investments

Location

Salient Statistics

Technology / Process

     Demand Analysis and Forecast (2015 – 2030)

Capacity

Production

Operating Rate

Import

Export

Net Trade

Demand

Demand Growth Rate (%)

Key Growth Factors and Impact Analysis

Asia-Pacific Linear alkyl benzene Market, By Application

Surfactants

Others

Asia-Pacific Linear alkyl benzene Market, By End Uses

Laundry detergents

Light-duty dishwashing liquids

Industrial cleaners

Household cleaners

Cosmetics & personal care

Others

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Prismane Consulting is a unique global boutique consulting firm with an Indian origin. We present ourselves to the world outside providing management, economic and technical expertise to improve customer engagement, boost operational efficiency, reduce costs, and achieve superior business results. Prismane Consulting serves leading businesses in the field of Chemicals, Petrochemicals, Polymers, Materials, Environment and Energy. We have been advising clients on their key strategic issues solving their toughest and most critical business problems. To know more write to us on info@prismaneconsulting.com

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Ethoxypropionic Acid Market Report: Trends, Forecast and Competitive Analysis 2020 to 2027

Ethoxypropionic Acid Market Overview

According to the newly published report by Reports and Data, the Ethoxypropionic Acid Market report presents an extensive overview of the industry scenario and gives insights into the growth opportunities in the industry during the forecast timeline of 2020-2027. The Ethoxypropionic Acid industry has a broad spectrum of applications and has an extensive product portfolio. The report also provides an insight into the key manufacturers/vendors and their production and manufacturing capacities along with their initiatives to expand in the industry.

The report also provides key insights into the factors and aspects that are likely to influence the growth of the industry. Along with the prominent drivers and restraints, the report considers the pandemic of COVID-19 as a key influencing factor. The report assesses the comprehensive impact of the pandemic on the Ethoxypropionic Acid market. It also offers insights into how the crucial segments of the market have been affected by the pandemic. The report assesses comprehensive data to generate a total impact analysis of the pandemic and offers a futuristic outlook to offer a general idea of the current market scenario and economic landscape.

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The report further offers radical data about the intense competitive landscape along with a comprehensive analysis of the key players and the strategies schemes they employ. The report encompasses all the corporate deals, mergers and acquisitions, joint ventures, collaborations, product launches, and brand promotions, government deals and agreements, and other strategic alliances. Along with this, the report also covers the technological developments and product advancements of the prominent players.

The report covers extensive profiling of the leading competitors, including:

Dow Chemical

Eastman

Nadi New Material

Zhidian New Chemical Materials

Realsunchem

Aoke Chemical

Nanjing TOP Chemical

Taiwan Maxwave

Yueyang Dongrun

The report provides a comprehensive analysis of the key geographical regions to impart a deeper understanding of the Ethoxypropionic Acid market. The regional analysis covers the assessment of the production and consumption rate, import/export, supply and demand ratio, market share, market size, revenue contribution, current and emerging trends, and the existence of the key players of the Ethoxypropionic Acid market in each region. Furthermore, the report also covers the country-wise analysis of the Ethoxypropionic Acid market.

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The Ethoxypropionic Acid market is further segmented on the basis of product types offered by the market and the application spectrum.

Ethoxypropionic Acid Market Segmentation by Type:

5%

99%-99.5%

Others

Ethoxypropionic Acid Market Segmentation by Application:

Paints and Coatings

Industrial Cleaners

Others

Key Regions Assessed in the Report Include:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

The Ethoxypropionic Acid report is formulated through extensive primary and secondary research and further validated through industry experts and professionals. The data has been accrued through authentic sources, including interviews, documents, databases, and other sources to offer accurate insights into the industry to offer beneficial data to the readers and companies.

To know more about the report, visit @ https://www.reportsanddata.com/report-detail/global-north-america-europe-and-asia-pacific-south-america-middle-east-and-africa-ethyl-3-ethoxypropionate-market-2017-forecast-to-2022

Key Features of the Ethoxypropionic Acid Market Report:

·       Detailed assessment and exhaustive understanding of the Ethoxypropionic Acid market

·       Significant insights into manufacturing processes, major barriers, and risks

·       8-year forecast estimation to offer information about the market size and market share on the global and regional levels

·       Evaluation of the key drivers, restraints, growth opportunities, threats, limitations, barriers, and other key elements

·       Identification of growth prospects and potential for the Ethoxypropionic Acid industry

·       Comprehensive analysis of the key market players and their strategies

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