#Linear Alkyl Benzene Market News

[chemanalystdata]

Linear Alkyl Benzene Prices Trend | Pricing | News | Database | Chart

 Linear Alkyl Benzene (LAB) is a key component in the production of detergents and other cleaning agents. Its market dynamics are influenced by various factors, making its price trends a significant topic for industries reliant on its applications. LAB prices have been subject to fluctuations due to a combination of raw material costs, global demand, and shifts in production capacities across different regions. The primary raw material for LAB production is benzene, derived from crude oil, and n-paraffin. Given the volatile nature of crude oil prices, any movement in crude oil benchmarks directly affects the cost of benzene, thereby impacting the overall production cost of LAB. When crude prices rise, the costs for benzene tend to follow suit, leading to an increase in LAB prices. Conversely, any decline in crude oil prices often brings down benzene costs, providing relief to LAB manufacturers and potentially lowering prices in the market.

Demand for LAB, which is primarily used to produce Linear Alkylbenzene Sulfonate (LAS), a key surfactant in household detergents and industrial cleaning agents, plays a critical role in determining its market price. The demand for detergents is generally stable, given that these products are considered everyday essentials. However, regional factors, such as shifts in consumer preferences and economic conditions, can either boost or suppress demand. For example, during periods of economic growth, increased consumer spending can lead to a higher demand for cleaning and hygiene products, which in turn drives up LAB consumption and its price. Conversely, during economic slowdowns, the demand may decline, leading to a potential oversupply and price reduction. Global trade dynamics and import-export policies also influence LAB prices, as tariffs, trade agreements, or sanctions can restrict or facilitate market access for key producing countries.

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

Regional variations in LAB production capacities also play a critical role in shaping its pricing. Major producers of LAB include countries in Asia, such as China and India, as well as regions like the Middle East, Europe, and North America. Asian markets are known for their cost-effective production capabilities, making them influential in global price trends. China's significant capacity expansions have strengthened its position in the LAB market, often creating a ripple effect in global prices. In recent years, the availability of raw materials and the expansion of refining capacities in India have also contributed to making it a key player in the LAB market. Meanwhile, Middle Eastern countries benefit from lower feedstock costs, giving them a competitive edge in the production of LAB.

Supply chain disruptions, geopolitical tensions, and logistical issues are other factors that influence LAB prices. Any disruptions in the supply of raw materials, either due to transportation bottlenecks, regulatory changes, or natural disasters, can lead to short-term price spikes. For instance, supply constraints due to the COVID-19 pandemic had wide-ranging effects on global supply chains, including those relevant to LAB production and distribution, causing price volatility. More recently, global energy crises and geopolitical events such as conflicts or trade embargoes have had the potential to impact the availability and cost of LAB raw materials, thus influencing its price on the market.

Technological advancements and innovations in production processes can also affect LAB prices. As producers strive to improve the efficiency of production methods and reduce costs, these advancements can sometimes translate into competitive pricing in the market. For example, adopting more energy-efficient processes or optimizing feedstock usage can lower production costs, which can then be passed on to consumers in the form of lower prices. On the other hand, regulatory changes aimed at environmental sustainability, such as restrictions on certain chemical processes or emissions, may require producers to invest in new technologies, potentially increasing production costs and affecting LAB prices.

LAB's market is further influenced by currency exchange rates, particularly for countries involved in international trade. Currency fluctuations can affect the profitability of exporters and importers, thereby impacting price levels. A strong local currency can make exports more expensive and less competitive on the global market, while a weaker currency can have the opposite effect, making exports more attractive. Consequently, the volatility of currency exchange rates introduces another layer of complexity to the pricing of LAB.

The growing focus on sustainable and eco-friendly solutions in the chemical industry may influence the long-term demand for LAB. Consumers and regulatory bodies are increasingly pushing for environmentally friendly products, which has led to research into alternative surfactants and the development of biodegradable detergents. This trend may exert some pressure on the demand for traditional LAB-based products over the long term. However, LAB remains a dominant raw material due to its cost-effectiveness, versatility, and established supply chains, ensuring its continued relevance in the market.

In conclusion, the prices of Linear Alkyl Benzene are shaped by a complex interplay of raw material costs, global demand trends, production capacities, regional and geopolitical factors, technological advancements, and evolving consumer preferences. Staying informed about these elements is crucial for businesses and industries dependent on LAB, as they navigate the opportunities and challenges posed by price fluctuations. Regular monitoring of crude oil prices, benzene supply dynamics, and broader economic indicators remains critical for stakeholders seeking to manage costs effectively and make informed decisions in this evolving market.

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[finowing]

Indian Phosphate IPO 2024: Allotment, Listing, and GMP Updates

Indian Phosphate Ltd., a prominent SME founded in 1998, is set to launch its IPO with a book-built issue of Rs.67.36 crore. As a leading producer of Linear Alkyl Benzene Sulfonic Acid (LABSA 90%) and fortified fertilizers like Single Super Phosphate (SSP) and Granules Single Super Phosphate (GSSP), Indian Phosphate plays a crucial role in the Indian chemical and fertilizer industry. Their manufacturing facility, located in Girwa,indian phosphate ltd Udaipur, Rajasthan, is strategically positioned near essential raw materials, ensuring efficient production.

The Indian Phosphate IPO will be open from August 26 to August 29, 2024, offering a fresh issue of 68.04 lac shares. With a price band of Rs.94 to Rs.99 per share, the IPO aims to raise funds for a new manufacturing plant, working capital needs, and general corporate purposes.

Key Financial Highlights

Total Revenue: Rs.71,757.81 lac (FY 2024)

Net Worth: Rs.8,099.06 lac (FY 2024)

EBITDA: Rs.2,303.42 lac (FY 2024)

PAT: Rs.1,210.21 lac (FY 2024)

IPO Details

Issue Size: 6,804,000 Shares (Rs.67.36 Cr)

Price Band: Rs.94 to Rs.99 per Share

IPO Dates: August 26 - August 29, 2024

Lot Size: 1200 Shares

Listing: NSE, SME

Conclusion

The Indian Phosphate IPO presents a unique opportunity for investors to participate in a company with a strong presence in the chemical and fertilizer sectors. Despite challenges such as negative cash flow in recent years, the strategic use of IPO proceeds and the company’s strong market position could make this an interesting investment option.

[chemanalyst]

Linear Alkyl Benzene (LAB) Price Trend and Forecast - ChemAnalyst

The cost of Linear Alkyl Benzene (LAB) price underwent a gradual recovery in the North American region during the quarter ending in September 2023. Contributing factors to this positive trend included a slow but steady increase in the downstream sector and a rise in export orders. At the onset of the quarter, high inflation dampened consumer sentiments, leading to tightened financial conditions and a reduction in consumer spending in the downstream market. In contrast, the LAB prices in the American market were influenced by high global crude oil values, particularly evident in September 2023. A substantial increase in LAB prices was noted, driven by heightened export inquiries and the elevated global crude oil value. The prices of the raw material benzene remained elevated, continuously rising throughout the latter half of the quarter, thereby increasing production costs for the commodity. Meanwhile, the country's downstream surfactant market maintained a moderate pace, with domestic inquiries showing a slight increase towards the end of the quarter. Consequently, buoyed by these market dynamics, LAB prices effectively rose in September, subsequently impacting the prices of downstream derivatives like LABSA.

During the quarter ending in September 2023, the European market experienced a significant uptick in the price of Linear Alkyl Benzene (LAB), primarily propelled by heightened demand and an increase in feedstock Benzene prices. Additionally, the elevated costs of upstream Naphtha and Crude oil exerted a considerable impact on LAB production expenses, reinforcing the overall upward price trend for the quarter. The demand from the regional downstream surfactant industry remained steady. Notably, prevailing inflation and high-interest rates in the European region led to delays in production run rates, prompting manufacturers to adjust commodity pricing to maintain profitability. Moreover, the supply of LAB from European countries, particularly the Netherlands and Belgium, faced constraints, visibly impacting the price dynamics of the product. Eurostat data indicated a decline in European industrial activities in the preceding month, with the Industrial Production output in the Euro Area experiencing a -1.1% change in August 2023 compared to the previous month. This sentiment appeared to persist into September in the current quarter.

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[chemstock]

LABSA 96 suppliers | LABSA | Chemstock

Choose the best Labsa 96 suppliers for your manufacturing industry:

LABSA 96 (Linear Alkylbenzene Sulfonic Acid) is the most significant and consumable component in a powder formulation and pure liquids. It is a surfactant used in washing detergents and liquid soaps. A surfactant tends to lower the liquid’s surface tension when dissolved in a liquid. LABSA, or Linear Alkyl Benzene Sulphonic Acid, is a popular surfactant due to its low cost, high performance, and environmental friendliness. Linear alkyl, Benzene, oxygen, sulphur, and citric acid comprise its constituent parts (LABSA).

Chemstock offers a varied list of chemical products that suffices the required percentage of chemicals for specific applications. The buyer must ensure the following properties and conditions before purchasing the Labsa 96 from the Chemical Suppliers. It includes properties, hazardous measures, and other general specifications of the product. To know about the detailed product specifications, visit the Chemstock website.

Properties:

LABSA is utilised as emulsifiers, additives, and lubricating oils and is water-soluble, non-volatile, and adsorbent.

Physical Properties

Appearance: White crystal powder, fine powder, white powder, colourless liquid, light yellow liquid, and yellow powder. Color- Brown liquid Melting Point- 10 degrees Celsius Boiling Point- 315 degree Celsius   Specific Gravity- 1.2 Dissolubility- Solubility in water NFPA Ratings: Partially soluble; Reactivity: 0; Flammability: 0; Stability: Stable in ordinary conditions Buy Linear Alkyl Benzene Sulphonic Acid (LABSA) from the best Labsa 96 suppliers:

Chemstock is a significant provider of detergent and cleaning chemicals. Our supplies include Soda Ash, Caustic Soda, Hydrochloric Acid, SLES and LABSA 96. We want our customers to experience the best quality chemical and delivery service, thereby maintaining the quality of our operations.

Place the order from Chemstock products and avail the best from Labsa 96 suppliers.

Chemstock LABSA 96 Services:

If you are in the liquid soap manufacturing industry and looking for the best Labsa 96 suppliers, check out Chemstock products. The primary functions of LABSA 96 involve the following:

It serves as the raw material for:

Various detergents

Emulsions

Laundry powder

Dish wash cleaner in the daily chemical industry.

Cleaner agent

Detergent in the textile industry

Degrease agent in electroplate and leather manufacture.

De-inking agent in paper making

It produces alkyl benzene sulfonic acid sodium (LAS), which has decontamination, emulsification, dispersion, wetting, and foaming properties.

Purchase Laboratory Chemical Products from Chemstock– one of the leading Labsa 96 suppliers:

Chemstock is a well-known name in the chemical industry. They began the operation in Dammam, Saudi Arabia, in 1988, as with all new things. Since then, they have steadily and confidently expanded the business into new markets. They offer vivid range of products that includes:

Laboratory Chemicals

Laboratory Equipments

Glassware

Chemical Warehousing and Logistics

BOROSIL Laboratory

Laboratory Furnishings and Turnkey Solutions

ADVANTEC Filter Paper

Industrial Equipments and Chemicals

 Reach us at our email and contact us at +971 4 5787667.

[marketnewsreport]

Global Linear Alkyl Benzene Market is Projected to Register a Healthy CAGR of 6.5% in the Forecast to 2026

Global linear alkyl benzene market is estimated to register a substantial CAGR of 6.5% in the forecast period of 2019-2026 due to biodegradable properties and government regulations regarding environmental issue, rise in the demand of LAB in detergent industry and increase in the demand in personal care products

Key Market Competitors:

Few of the major competitors currently working in the global linear alkyl benzene market are Cepsa, Deten Quimica S.A., Chevron Phillips Chemical Company, Honeywell International Inc, Huntsman International LLC., Reliance Industries Limited, Jingtung Petrochemical Corp., Ltd, SASOL, PT Unggul Indah Cahaya Tbk, Desmet Ballestra, Farabi Petrochemicals Co., S.B.K HOLDING, Indian Oil Corporation Ltd, Qatar Petroleum, JXTG Nippon Oil & Energy Corporation, ISU Chemical and others

Download exclusive PDF sample report@ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-linear-alkyl-benzene-market

Linear alkyl benzene is an organic compound with carbon range typically between 10 and 16. LAB is highly used in biodegradable detergents and produce as an intermediate during the production of surfactants. LAB has been supported by the government and accepted as a raw material industrially and domestically due to its environmental friendly properties. LAB acts as an intermediate for the production of other important chemical compounds such as linear alkyl benzene sulfonic acid (LABSA).

Competitive Analysis:

Global linear alkyl benzene market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of linear alkyl benzene market for Global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Market Segmentation: Global Linear Alkyl Benzene Market

·         By Application (Surfactants, Non-Surfactants)

·         By End User (Laundry Powder, Heavy-Duty Laundry Liquid, Light-Duty Dish Washing Liquid, Household Cleaner, Industrial Cleaner, Others)

·         By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Inquiry Before Buying @ https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-linear-alkyl-benzene-market            

Market Drivers:

·         Biodegradable properties and government regulations regarding environmental issue may act as a catalyst for the market growth

·         Increase in the awareness among people regarding cleanliness would enhance the growth of the market

·         Rise in the demand of linear alkyl benzene (LAB) in detergent industry might accelerate the growth of the market

·         Increase in the demand in personal care products has driven the market growth

Market Restraints:

·         Fluctuations in the prices of raw material might as a restraint to growth of this market

·         Shifting preferences from powdered surfactants to liquids in heavy industry may hamper the market growth

Key Insights in the report:

·         Complete and distinct analysis of the market drivers and restraints

·         Key market players involved in this industry

·         Detailed analysis of the market segmentation

·         Competitive analysis of the key players involved

Acess Full Report@ https://www.databridgemarketresearch.com/reports/global-linear-alkyl-benzene-market

About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market.

Contact:

Data Bridge Market Research

Tel: +1-888-387-2818

Email: Sopan.gedam@databridgemarketresearch.com

 Related Reports:

 Global Glass Substrate Market

 Global Squalene Market

[researchindustry]

Global Linear Alkyl Benzene Market Set to Grow with CAGR of 6.5% By 2026

Global linear alkyl benzene market is estimated to register a substantial CAGR of 6.5% in the forecast period of 2019-2026 due to biodegradable properties and government regulations regarding environmental issue, rise in the demand of LAB in detergent industry and increase in the demand in personal care products

Linear alkyl benzene is an organic compound with carbon range typically between 10 and 16. LAB is highly used in biodegradable detergents and produce as an intermediate during the production of surfactants. LAB has been supported by the government and accepted as a raw material industrially and domestically due to its environmental friendly properties. LAB acts as an intermediate for the production of other important chemical compounds such as linear alkyl benzene sulfonic acid (LABSA).

Download exclusive PDF sample report@ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-linear-alkyl-benzene-market

Competitive Analysis:

Global linear alkyl benzene market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of linear alkyl benzene market for Global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Key Market Competitors:

Few of the major competitors currently working in the global linear alkyl benzene market are Cepsa, Deten Quimica S.A., Chevron Phillips Chemical Company, Honeywell International Inc, Huntsman International LLC., Reliance Industries Limited, Jingtung Petrochemical Corp., Ltd, SASOL, PT Unggul Indah Cahaya Tbk, Desmet Ballestra, Farabi Petrochemicals Co., S.B.K HOLDING, Indian Oil Corporation Ltd, Qatar Petroleum, JXTG Nippon Oil & Energy Corporation, ISU Chemical and others

Market Segmentation: Global Linear Alkyl Benzene Market

·         By Application (Surfactants, Non-Surfactants)

·         By End User (Laundry Powder, Heavy-Duty Laundry Liquid, Light-Duty Dish Washing Liquid, Household Cleaner, Industrial Cleaner, Others)

·         By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Inquiry Before Buying @ https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-linear-alkyl-benzene-market            

Market Drivers:

·         Biodegradable properties and government regulations regarding environmental issue may act as a catalyst for the market growth

·         Increase in the awareness among people regarding cleanliness would enhance the growth of the market

·         Rise in the demand of linear alkyl benzene (LAB) in detergent industry might accelerate the growth of the market

·         Increase in the demand in personal care products has driven the market growth

Market Restraints:

·         Fluctuations in the prices of raw material might as a restraint to growth of this market

·         Shifting preferences from powdered surfactants to liquids in heavy industry may hamper the market growth

Key Insights in the report:

·         Complete and distinct analysis of the market drivers and restraints

·         Key market players involved in this industry

·         Detailed analysis of the market segmentation

·         Competitive analysis of the key players involved

Acess Full Report@ https://www.databridgemarketresearch.com/reports/global-linear-alkyl-benzene-market

About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market.

Contact:

Data Bridge Market Research

Tel: +1-888-387-2818

Email: Sopan.gedam@databridgemarketresearch.com

 Related Reports:

 Global Glass Substrate Market

Global Squalene Market

[siemenlee]

Linear alkyl benzene is an organic compound with carbon range typically between 10 and 16. LAB is highly used in biodegradable detergents and produce as an intermediate during the production of surfactants. LAB has been supported by the government and accepted as a raw material industrially and domestically due to its environmental friendly properties

[peeterdbmr]

Linear alkyl benzene is an organic compound with carbon range typically between 10 and 16. LAB is highly used in biodegradable detergents and produce as an intermediate during the production of surfactants. LAB has been supported by the government and accepted as a raw material industrially and domestically due to its environmental friendly properties.

[chemanalystdata]

Linear Alkyl Benzene (LAB) Prices | Pricing | Trend | News | Database | Chart | Forecast

Linear Alkyl Benzene (LAB) is a crucial raw material in the production of linear alkylbenzene sulfonate (LAS), a surfactant widely used in detergents and cleaning products. The pricing trends of LAB have significant implications for industries involved in the production of household and industrial cleaning agents, as well as other related sectors such as textiles, agriculture, and oil refining. LAB is a petrochemical derivative, and like many products in the chemical industry, its price is influenced by a variety of market factors, including crude oil prices, supply and demand dynamics, geopolitical issues, and production costs.

The global market for LAB is largely driven by demand from the detergent industry, which consumes the vast majority of LAB produced. LAB serves as a key ingredient in the formulation of both liquid and powder detergents, and as consumer demand for cleaning products continues to grow, the demand for LAB rises correspondingly. This close link between LAB prices and detergent industry trends makes LAB a sensitive commodity, highly influenced by seasonal fluctuations, macroeconomic conditions, and evolving consumer preferences. For instance, increased awareness about hygiene and cleanliness, especially in the wake of health crises such as the COVID-19 pandemic, has bolstered the demand for cleaning products, thereby influencing LAB prices.

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

A major determinant of LAB prices is the cost of its primary feedstock: benzene and paraffins, which are derived from crude oil. Crude oil prices are notoriously volatile, fluctuating based on geopolitical tensions, changes in production levels by major oil producers, and disruptions in global supply chains. As crude oil prices rise, the cost of producing LAB also increases, leading to upward pressure on LAB prices. Conversely, when oil prices decline, LAB producers may experience lower production costs, potentially leading to price reductions. However, the relationship between oil prices and LAB prices is not always linear, as other factors such as refining capacity, transportation costs, and environmental regulations also come into play.

In addition to crude oil prices, the supply chain for LAB plays a critical role in determining its market price. LAB is manufactured in chemical plants, often located in regions where petrochemical production is concentrated, such as the Middle East, Asia, and the United States. Any disruption in these regions, whether due to natural disasters, political unrest, or logistical issues, can lead to supply shortages, driving up prices. Moreover, changes in refinery operations, plant maintenance schedules, and capacity expansions can all impact the supply of LAB, influencing its market availability and price.

Demand-side factors are equally significant in shaping LAB prices. The increasing use of LAB in industries beyond detergents, such as the agricultural sector for herbicides and the oil and gas industry for enhanced oil recovery (EOR) processes, has expanded the market base for this chemical. This broadening of LAB’s applications has added new layers of complexity to its pricing. While detergent manufacturers remain the largest consumers, the growing demand from other sectors creates additional upward pressure on LAB prices, particularly during periods of strong economic growth or when specific industries experience rapid expansion.

The global distribution of LAB production and consumption also has a significant impact on its price. Asia, particularly countries like India and China, is a major consumer and producer of LAB, driven by the large population and the growing demand for cleaning and hygiene products. As these economies continue to develop and urbanize, the demand for LAB is expected to rise, which could result in higher prices if supply cannot keep pace with the demand. In contrast, regions with more mature markets for detergents, such as North America and Europe, tend to experience more stable demand, although changes in consumer preferences toward eco-friendly and bio-based cleaning products could introduce new variables into the pricing equation.

Another important factor influencing LAB prices is the shift towards sustainability and environmental regulations. As governments around the world implement stricter environmental standards, particularly concerning emissions and waste management, LAB producers are being forced to adopt cleaner and more sustainable production processes. This transition can increase production costs, particularly in regions where regulatory frameworks are more stringent, such as the European Union. Compliance with environmental regulations can require significant investments in new technologies and equipment, which in turn can drive up the price of LAB. On the other hand, regions with more lenient environmental policies may enjoy a cost advantage, potentially leading to lower LAB prices.

Transportation and logistics costs also contribute to the overall pricing structure of LAB. Since LAB is a globally traded commodity, the cost of shipping it from production sites to end-users can fluctuate based on factors such as fuel prices, shipping availability, and port congestion. Any disruptions in global trade routes, such as those caused by geopolitical tensions or natural disasters, can lead to increased transportation costs, which are typically passed on to consumers in the form of higher prices.

In conclusion, the price of Linear Alkyl Benzene (LAB) is shaped by a complex interplay of factors, including crude oil prices, supply and demand dynamics, environmental regulations, and transportation costs. As LAB is a key component in the production of detergents and cleaning agents, its pricing is highly sensitive to trends in consumer behavior, particularly in emerging markets where demand for hygiene products is on the rise. Moreover, the ongoing push for sustainability and the tightening of environmental regulations are likely to introduce new cost pressures on LAB producers in the coming years. Keeping track of these factors is crucial for industry stakeholders seeking to navigate the volatile market for LAB and make informed purchasing and production decisions. As the global economy continues to evolve, so too will the factors influencing the price of LAB, making it essential for companies to stay agile and responsive to market changes.

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

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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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https://prismaneconsulting.com/report_request_sample?_token=5Q3OvPbJ9VxawsidwGutUK3yRSEq3GNACx3xeURY&report_id=568

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

Why Prismane Consulting?

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Real-world industry, consulting, and market research experience

Average work experience of 10+ years

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About Prismane Consulting

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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[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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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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Linear alkyl benzene is an organic compound with carbon range typically between 10 and 16. LAB is highly used in biodegradable detergents and produce as an intermediate during the production of surfactants. LAB has been supported by the government and accepted as a raw material industrially and domestically due to its environmental friendly properties. LAB acts as an intermediate for the production of other important chemical compounds such as linear alkyl benzene sulfonic acid (LABSA).