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Linear Alkyl Benzene Market Survey, Trends, Outlook, Overview and 2020 Forecast

Growing application of LAB as industrial cleaners owing to rapid industrialization in developing economies such as China, India, and Brazil. In addition, government regulations regarding restrictions on non-biodegradable materials are further providing a fillip to the market.

The Global Linear Alkyl Benzene (LAB) Market size is expected to reach USD 9.27 billion by 2020, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.6% during the forecast period.


Increasing consumer spending coupled with flourishing cleaning industry is likely to fuel the demand over the next six years. Volatile raw material prices, however, are projected to act as a key challenge for market participants. Also, consumers, particularly in developed countries, are becoming aware about adverse effects of using synthetic detergents on the environment and are looking out for bio-based alternatives.

Protean nature of key raw materials such as kerosene and benzene put pressure on profitability of major producers. To minimize effects of volatile raw material prices, market players are paying attention to development of bio-based alternatives. Consumers are becoming aware of adverse effects of using synthetic detergents on the environment and are looking out for bio-based alternatives to LAB.

The LAB is primarily used for the production of linear alkyl benzene sulfonate (LAS), which is used majorly as a surfactant in industrial, household, and commercial applications.

To Know More About Linear Alkyl Benzene Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/linear-alkyl-benzene-market

Low cost and biodegradable properties of LAS are expected to fuel demand for cleaning applications over the forecast period. Other uses of LAB includes paint industry, ink solvents, electric cable oil, agricultural herbicides, emulsion polymerization, and as wetting agents.

Top Players of Linear Alkyl Benzene Market:

Major companies operating in the LAB market include CEPSA Quimica S.A., Deten Quimica, Fushun Petrochemical Company, Chevron Phillips Chemicals, Honeywell, Arabian Petrochemical Company, Huntsman Corporation, and Reliance Aromatics and Petrochemicals Pvt. Ltd.

Market Segmentation of Linear Alkyl Benzene Market:

The Global Linear Alkyl Benzene Market segmented on the basis of Application and Region.

By Application:

    Linear Alkylbenzene Sulphonate (LAS)

    Heavy-duty laundry liquids
    Laundry powders
    Light-duty dish-washing liquids
    Industrial cleaners
    Household cleaners

By Region:

    North America
    Europe
    Asia Pacific
    RoW

Inquire about Linear Alkyl Benzene Market with Our Experts @ https://www.grandviewresearch.com/inquiry/462
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