#Global Linear Alkyl Benzene Sulphonate

[statzyreportsmarketresearch]

Global Linear Alkyl Benzene Sulphonate Market

The report forecast global Linear Alkyl Benzene Sulphonate 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 Sulphonate 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 Sulphonate 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 Sulphonate 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 Sulphonate 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 Sulphonate 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 PT Indo Sukses Sentra Usaha Shell Hansa Galil Raw Materials Unger Pilot Chemical Huntsman Cepsa Solvay Chevron Phillips Chemical Miwon Chemical Lion Specialty Chemicals Xinyi Feihuang Chemical Nanjing Kenier Market by Type Hard Soft Market by Application Wetting Agents Emulsifier 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.

Explore full report with table of contents: 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. 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.

Request for a sample copy of this report: https://www.chemanalyst.com/ChemAnalyst/RequestForm

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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[finarchemical]

All You Need to Know About Benzene Sulfonic Acid

Benzene sulfonic acid is a white sheet crystal or white waxy solid organosulfur compound. It is highly soluble in both water and ethanol. On the other hand, the acid is less soluble in benzene and insoluble in nonpolar solvents like diethyl ether and carbon disulfide.

The acid, also known as besylate, is widely used to manufacture drugs as benzene sulfonate salts in the pharmaceutical industry.

Linear Alkyl Benzene Sulphonic Acid is a buffering agent with a hydrophobic and hydrophilic group. This acid's properties vary depending on the length of the alkyl chain, making it useful for a variety of applications.

Benzene Sulphonic Acid is a waxy crystalline solid that is off-white to white in colour and has low endotoxins, making it suitable for parenteral use.

It is regarded as a beneficial chemical that is also used as a stabilising agent. It is manufactured by various companies worldwide, and the demand for this chemical directly impacts supply. Any change in market structure requires producers to adapt to survive.

According to a recent market report published, linear alkyl benzene sulphonic acid will grow at a CAGR of 3.6 per cent over the next five years.

There are also predictions that the market will grow in size. The global market was worth $3528 million in 2019, and it is expected to be worth $4069 million by 2025.

This anticipated growth can be attributed to a variety of factors. Among them are the following:

Its primary application is in pharmaceuticals, where it is used as a buffering agent, pH modifier, and stabilizing agent. For being used as an intermediate in the preparation of API. 

The Challenges

At the same time, some factors are stifling this industry's growth, particularly during COVID-19. The pandemic has thrown many industries into disarray, and while chemicals are not particularly hard hit due to their constant demand, they are still severely impacted.

The following are the top three reasons for the industry's slowdown:

The price of raw materials fluctuates with time.

Stringent government regulations, as well as a transportation lockdown, have been put in place.

Inadequate progress in manufacturing techniques

Before making any significant changes to their production unit or system, benzene sulphonic acid manufacturers in India must keep these factors in mind. Leading companies, such as Finar, face the challenge head-on while adapting to the environment.

Finar's benzene sulphonic acid quality assessment process includes nitrosamine and elemental impurity risk assessment and many other parameters.

[oamogh]

Linear Alkyl Benzene Sulphonate Market Report 2020 (COVID-19 Impact Analysis) By Segmentations, Key Company Profiles & Demand Forecasts to 2020 – 2026

A New Informative Report Titled as “Linear Alkyl Benzene Sulphonate Market Research: Global Status & Forecast by Geography, Type & Application (2016-2026)” has recently published by Credible Markets to its humongous database which helps to shape the future of the businesses by making well-informed business decisions. It offers a comprehensive analysis of various business aspects such as COVID-19 impact analysis impacts, global market trends, recent technological advancements, market shares, size, and new innovations. Furthermore, this analytical data has been compiled through data exploratory techniques such as primary and secondary research. Moreover, an expert team of researchers throws light on various static as well as dynamic aspects of the global Linear Alkyl Benzene Sulphonate Market.

Get Free Sample PDF of Linear Alkyl Benzene Sulphonate Market Report @ https://www.crediblemarkets.com/sample-request/linear-alkyl-benzene-sulphonate-market-669532

The Key Players, Product Categories and End Users/Applications Analysis:

Key Companies PT Indo Sukses Sentra Usaha Shell Hansa Galil Raw Materials Unger Pilot Chemical Huntsman Cepsa Solvay Chevron Phillips Chemical Miwon Chemical Lion Specialty Chemicals Xinyi Feihuang Chemical Nanjing KenierMarket by Type Hard SoftMarket by Application Wetting Agents Emulsifier Detergent Others

Linear Alkyl Benzene Sulphonate Market report provides in-depth review of the Expansion Drivers, Potential Challenges, Distinctive Trends, and Opportunities for market participants equip readers to totally comprehend the landscape of the Linear Alkyl Benzene Sulphonate market. Major prime key manufactures enclosed within the report alongside Market Share, Stock Determinations and Figures, Contact information, Sales, Capacity, Production, Price, Cost, Revenue and Business Profiles. The main objective of the Linear Alkyl Benzene Sulphonate industry report is to Supply Key Insights on Competition Positioning, Current Trends, Market Potential, Growth Rates, and Alternative Relevant Statistics.

Later, the report gives detailed analysis about the major factors fuelling the expansion of Linear Alkyl Benzene Sulphonate Market in the coming years. Some of the major factors driving the growth of Linear Alkyl Benzene Sulphonate Market are-

Buyers

Suppliers

Investors

End User Industry

Linear Alkyl Benzene Sulphonate Market Regional Analysis Includes:

⇛ Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia) ⇛ Europe (Turkey, Germany, Russia UK, Italy, France, etc.) ⇛ North America (the United States, Mexico, and Canada.) ⇛ South America (Brazil etc.) ⇛ The Middle East and Africa (GCC Countries and Egypt.)

Do You Have Any Query Or Specific Requirement? Ask to Our Industry Expert@ https://www.crediblemarkets.com/enquire-request/linear-alkyl-benzene-sulphonate-market-669532

Key Insights that Study is going to provide:

- The 360-degree Linear Alkyl Benzene Sulphonate market overview based on a global and regional level - Market Share & Sales Revenue by Key Players & Emerging Regional Players - Competitors – In this section, various Linear Alkyl Benzene Sulphonate industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue. - A separate Chapter on Linear Alkyl Benzene Sulphonate market Entropy to gain insights on Leaders aggressiveness towards market [Merger & Acquisition / Recent Investment and Key Developments] - Patent Analysis** No of patents / Trademark filed in recent years.

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Global Linear Alkyl Benzene Sulphonate Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 

Chapter 1: Report Overview Chapter 2: Global Market Growth Trends Chapter 3: Value Chain of Linear Alkyl Benzene Sulphonate Market Chapter 4: Players Profiles Chapter 5: Global Linear Alkyl Benzene Sulphonate Market Analysis by Regions Chapter 6: North America Linear Alkyl Benzene Sulphonate Market Analysis by Countries Chapter 7: Europe Linear Alkyl Benzene Sulphonate Market Analysis by Countries Chapter 8: Asia-Pacific Linear Alkyl Benzene Sulphonate Market Analysis by Countries Chapter 9: Middle East and Africa Linear Alkyl Benzene Sulphonate Market Analysis by Countries Chapter 10: South America Linear Alkyl Benzene Sulphonate Market Analysis by Countries Chapter 11: Global Linear Alkyl Benzene Sulphonate Market Segment by Types Chapter 12: Global Linear Alkyl Benzene Sulphonate Market Segment by Applications Chapter 13: Linear Alkyl Benzene Sulphonate Market Forecast by Regions (2020-2026) Chapter 14: Appendix

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[ratiram]

According to the report analysis, ‘Global LABSA Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024’ states that in the global LABSA market, there are enormous players which presently functioning more significantly for leading the fastest market growth and registering the foremost value of market share around the globe during the short span of time while delivering the properties of the linear alkyl benzene sulphonic acid (LABSA), providing the information at a large scale related to the benefits of the LABSA, delivering the better consumer satisfaction, studying the government initiatives and advanced the technologies of production includes Stepan, CEPSA, Sasol, KAPACHIM, SK, Fogla Group, New India Detergents Ltd., ISU Chemical, AK ChemTechCo.,LTD., Solvay, Dada Surfactants, Huntsman, Kao Corporation, Tufail, HANSA GROUP AG, Miwon Chemical, NCSP, FUCC, ASCO, Lion Specialty Chemicals, Wata Chemicals Ltd, AKBARI, JintungPetrochemical Corp, Fushun Petrochemical, Sinopec Jinling Petrochemical, XingYa Company, Guangzhou Litze Chemical and several others.

The Linear Alkyl Benzene Sulphonic Acid (LABSA) is an anionic surfactants with the molecules categorized by a hydrophobic and a hydrophilic assembly. They are the nonvolatile compounds manufactured by the sulfonation. The Linear Alkyl Benzene Sulfonic Acid are complex combinations of homologues of the dissimilar alkyl chain lengths (C10 to C13 or C14) and the phenyl positional isomers of 2 to 5-phenyl in the proportions dictated by the beginning materials and the reaction situations, each comprehending an aromatic ring sulfonated at the para positon and linked to a linear alkyl chain at any field with the exception of the terminal one (1-phenyl). Furthermore, the linear alkyl Benzene Sulfonic Acid is a low price and great performance synthetic surfactant produced by the sulfonating liner alkylbenzene (LAB). It possesses the excellent foaming advantages and is stable in alkaline, oxide solutions and acidic. It is positively utilized is household detergents namely dishwashing liquids, laundry lquids, laundry powders and household cleaners.

In addition, the possessions of linear alkyl benzene sulfonic differ in physical and chemical belongingspermitting to the alkyl chain length, resulting in preparations for numerous applications.LABSA has majorly two types, which involve LABSA 96% and LABSA 90%. With washing function of LABSA, the downstream application industries will require more LABSA products. So, LABSA has a wide market probable in the future. Manufacturers betrothed in the industry are trying to introduce the great purity and good performance LABSA through developing the technology. However, the worldwide market for LABSA is anticipated to increase at a CAGR of roughly 2.3% over the next five years, will reach 4040 million USD in 2024, from 3600 million USD in 2019.

The efficient growth in the requirement for the liquid detergents in numerous end-use industries namely food and beverages, household and textiles around the world is fueling the worldwide linear alkyl benzene sulfonic acid market. Not only has this, the linear alkyl benzene sulfonic acid is one of the active ingredients utilized in the soap and detergent industry. It possess the excellent functions and foaming advantages. Therefore, in the coming years, it is predicted that the market of the linear alkyl benzene sulfonic acid will increase the market growth more positively over the near future.

For more information on the research report, refer to below link:

Global linear alkyl benzene sulphonic acid (LABSA) Market

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[reportagestuff]

Global Linear Alkyl Benzene Sulphonic Acid Market Outlook (2018-23): Stepan, Sasol, KAPACHIM and CEPSA

Global Linear Alkyl Benzene Sulphonic Acid Market Outlook (2018-23): Stepan, Sasol, KAPACHIM and CEPSA

Global Linear Alkyl Benzene Sulphonic Acid Market 2018 presents a top to bottom, and expert analysis of the market likewise characterizes the present market inclines, estimate, development rate and order of the business based on Types, Application, Linear Alkyl Benzene Sulphonic Acid key players and critical areas. The Linear Alkyl Benzene Sulphonic Acid report outlines the worldwide market…

[mahajanmangesh3023]

Vulcanized Fiber Market Size- Growth Drivers, Opportunities and Forecast Analysis to 2023

Market Insights

Vulcanized Fiber Market is estimated to be valued at USD 1795.9 million by 2023 and is expected to register a CAGR of 4.62% during the forecast period.

The commercial grade type segment dominated the global market as it offers excellent mechanical and electrical properties. It is also known as mechanical grade vulcanized fiber. It is strong, robust, resistant to oils, most of the solvents, and gasoline. It is an electrical grade insulating material capable of withstanding temperatures up to 115°C.

Also Read http://www.marketwatch.com/story/sodium-naphthalene-sulphonate-formaldehyde-market-share-overview-trends-industry-size-growth-challenges-and-forecast-to-2024-2019-11-26

The growth of the electrical application segment is attributed to the high punching resistance, high surface resistance, anti-static, lightweight, and excellent electrical insulation of vulcanized fiber. The segment accounted for over 37% of the global market share in 2017 and is projected to register a CAGR of 5.34% during the assessment period.

Global Market for Vulcanized Fiber: Competitive Dashboard

Emco Industrial Plastics

Dynos GmbH

Iten Industries Inc

ESPE Manufacturing Co.Inc

Franklin Fibre Lamitex Corporation

Sachsenröder

Hokuetsu Toyo Fibre Co.Ltd.

Thrust Industries

Oliner Fibre Co.Inc

Dante Bertoni Srl

Segmental Analysis

The Global Vulcanized Fiber Market has been segmented by type, application, and region.

Based on type, the global vulcanized fiber market has been segmented into commercial grade, electrical grade, trunk grade, bone grade, abrasive grade, flexible grade, and others.

On the basis of application, the global market has been categorized into electrical, abrasive, textile, automotive, and others.

Regional Analysis

The Global Vulcanized Fiber Market Size has been studied with regards to five key regions, namely Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.

The market in Asia-Pacific accounted for a market share of over 57% in 2017, in terms of value. The regional market is projected to reach USD 1,090 million by the end of 2023. China, Japan, and India are expected to be the major contributors to regional market growth. The Chinese market is projected to register a CAGR of over 6% during the forecast period. However, the Indian market is expected to exhibit a healthy CAGR of 5.7% during the assessment period. The easy availability of raw materials and low-cost labor in the region coupled with the high disposable income and government initiatives such as Net Zero Imports are expected to drive the regional market growth.

The growth of the European market is attributed to the high production and sale of automotive parts in countries such as Germany, the UK, Spain, Italy, and others. The growth is also influenced by the high demand for electrical & electronics products on the backdrop of the high disposable income of the consumers and the luxurious lifestyle trend. The regional market is projected to register a CAGR of 4.5% to reach a value of USD 295 million by the end of 2023.

The market in North America is projected to witness significant growth during the forecast period owing to the high demand for wireless devices and the high standard of living in the region.

The markets in Latin America and the Middle East & Africa held the smallest shares of the global vulcanized fiber market in 2017. However, they are likely to emerge as substantial markets during the review period.

Access Complete Report @ https://www.marketresearchfuture.com/reports/vulcanized-fiber-market-7713

Regional Analysis

The Global Linear Alkyl Benzene Market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa.  Asia Pacific is expected to be the largest and fastest growing market for linear alkyl benzene during the forecast period. North America and Europe are following Asia Pacific in terms of market size and are expected to show steady demand during the forecast period. The Middle East & African region is expected to witness rising demand for linear alkyl benzene over the forecast period. Latin America is expected to show moderate growth.le East & Africa) - Forecast till 2025” in detail along with the table of contents: https://www.marketresearchfuture.com/reports/bitumen-emulsifiers-market-5128

NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

[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.

READ FREE SAMPLE REPORT ONLINE: https://www.chemanalyst.com/ChemAnalyst/RequestForm

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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[finarchemical]

WHAT CAN BENZENE SULPHONIC ACID MANUFACTURERS IN INDIA EXPECT FROM THE MARKET?

Linear Alkyl Benzene Sulphonic Acid (LABSA) is a buffering agent and pH modifier that is characterized both by a hydrophobic and hydrophilic group. The properties of this acid change according to the alkyl chain length, which makes it useful for different types of applications. It is considered to be a very useful chemical that is used as a stabilizing agent as well. It is manufactured by various companies across the world and the demand of this chemical directly affects the supply as well. Any change in  the market structure and producers have to adapt in order to sustain. 

Markets across the globe are constantly evolving. When it comes to the linear alkyl benzene sulphonic acid industry, there are many predictions about its future. 

Will the market size grow or dip in the next few years?

What is the change to be expected?

According to the recent market report released in November 2020, the compound annual growth rate (CAGR) of linear alkyl benzene sulphonic acid is expected to be 3.6% over the coming five years. In terms of the market size as well, there are predictions of it increasing. In 2019, the global market size was $3528 million and it is projected to be $4069 million by 2025.

This predicted growth can be attributed to different factors. Some of them include:

Considerable increase in demand for dyeing and bleaching from textile industries

Wide usage as an optical brightener in the electroplating industry

Regular consumption of LABSA in pharmaceutical drugs and chemical processes

Rising need in the production of detergents (liquid and powder forms), industrial cleaners and all-purpose cleaners

Product research and development coupled with new launches

At the same time, it is important to face the reality as well without getting carried away. There are some factors that are holding the growth of this industry, especially during COVID-19. The pandemic has upended the functioning of many industries and while chemicals are not very badly hit because of their constant requirement, they are impacted significantly as well. The top three reasons which are behind the slowing down of this industry are:

Volatility in the prices of raw materials with the changing times

Stringent government regulations have been implemented along with the lockdown restraining the transport

Lack of advancement in manufacturing techniques

Those who are benzene sulphonic acid or benzyl benzoate manufacturers in India have to remember to keep these factors in mind before making any significant changes in their production unit or system. With COVID-19 playing havoc, it is becoming tougher to run any business smoothly without hampering the safety of the human resources. Leading companies like Finar Chemicals are facing the challenge head on while adapting to the environment and taking it in their stride. 

[anitakumarigrewal]

Growth in Awareness Pertaining to Hygiene Expected to Drive Global Linear Alkyl Benzene Market: Ken Research

Linear alkylbenzenes or LAB is abiological compound C6H5CnH2n+1, also known as detergent alkylate. It isprimarily produced from n-paraffin’s, kerosene, and benzene. It exhibits optimum optical transparency, high flash point, high light yield, and low radioactive impurities due to which it is also used in neutrino detectors. It is extensively preferred due to its low cost and biodegradable nature, and therefore it is widely used as a replacement for dodecylbenzene sulfonate, a non-biodegradable surfactant. LAB is widely used as a chemical intermediary to form linear alkylbenzene sulfonate (LAS), which is used as a surfactant in detergents & cleaning products. The applications of LAS are further divided into five subcategories: light-duty dishwashing liquids, heavy-duty laundry liquids, industrial cleaners, laundry powders and other generic household cleaners. Furthermore, some others applications include emulsion polymerization, wetting agents, use in agricultural herbicides, ink solvents, electric cable oil, and paints.

According to study, “Global Linear Alkyl Benzene Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use” the key companies operating in the global linear alkyl benzene market are CEPSA Group, Petro China Fushun Petrochemical Co., Jintung Petrochemical Corp. Ltd., Amreya Petroleum Refining Co., Reliance Industries Ltd., Chevron Phillips Chemical Co., Sasol Ltd., Chemische Fabrics WIBARCO, Bisotun Petrochemical, Gulf Farabi Petrochemicals, Deten Quimica, Formosan Union Chemical, EMALAB, Iran Chemical Industries Investment Co., Huntsman, LUKOIL Neftohim Burgas, Indian Oil, Nippon Petrochemicals, ISU Chemical, OHIS.

Based on type, linear alkyl benzene market is segmented into 95%-97% purity, 97.1%-99% purity, 99.1%-99.5% purity and above 99.5% purity. Based on application, market is segmented into surfactants, non-surfactants and others. Surfactants are further sub-segmented into Linear Alkylbenzene Sulfonate (LAS). Non-surfactants is further sub-segmented into paint industry, agricultural herbicides, electric cable oil, wetting agents, ink solvents, and others.In addition, based on end-user, market is segmented into laundry detergents, industrial cleaners, light-duty dishwashing liquids, household cleaners and others. Household cleaners segment is predicted to witness higher growth rate owing to growth in development and affluence in large tracts during the forecast period.

The linear alkyl benzene market is driven by rise in demand for cleaners, followed by increase in consumer spending, rise in regulatory policies and increase in preference towards bio-based surfactants. However, fluctuating prices of raw material may impact the market. Moreover, growth in demand from niche applications is a key trend for market.

Based on geography, the Asian-Pacific region holds major share in linear alkyl benzene market owing to rapid industrialization & urbanization, rise in awareness pertaining to hygiene, strong growth of end-user industries of LAB in developing economies, increase in disposable income and growth in Fast-moving consumer goods (FMCG) industry in the region. Whereas, the North-American and European regions are estimated to witness higher growth rate due to stringent regulations by the U.S. and rise in use of non-biodegradable surfactants over the forecast period. In upcoming years, it is predicted that future of the market will be bright as a result of growth of construction industry because of ongoing infrastructural activities to flourish their tourism industry during the forecast period.

For More Information, click on the link below:-

Global Linear Alkyl Benzene Market Research Report

Related Reports:-

Global Linear Alkylbenzene (LAB) Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

Global Linear Alkyl Benzene Sulphonate Market Research (2015-2019) and Future Forecast (2020-2025)

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

ankur@kenresearch.com

+91-9015378249

[acquiremarketresearch]

Linear Alkyl Benzene Sulphonic Acid   Market is estimated to witness the highest growth during the forecast period…

Linear Alkyl Benzene Sulphonic Acid   Market is estimated to witness the highest growth during the forecast period…

Global Linear Alkyl Benzene Sulphonic Acid Market Insights and Forecast to 2023with a point by point data on Linear Alkyl Benzene Sulphonic Acid Market. This report analyses developing patterns, key challenges, future development opportunities, drivers, focused viewpoint, restrictions, possibilities, and market organic community, and esteem chain research of Global Linear Alkyl Benzene Sulphonic…