May 24, 2018   SOURCE: BusinessWire

Global Linear Alkyl benzene (LAB) Market Analysis, Trends & Forecast 2018-2023 - ResearchAndMarkets.com

The "Global Linear Alkyl benzene (LAB) Market - Segmented Application, and Geography - Trends and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global linear alkyl benzene (LAB) market is expected to register a CAGR of 3.15% during the forecast period, 2018-2023.

Linear Alkyl Benzene (LAB) is used as surfactant in dilute solutions for their cleaning properties. Linear alkyl benzene is derived from petroleum and is the major detergent being used today, because of its low cost. LAB is the basic raw material for production of most widely used detergent. The need to remain healthy and disease free plays a vital role in the usage of detergents, household & laundry cleaners.

Linear alkylbenzene sulfonic acid (LABSA) is the largest-volume synthetic surfactant because of its relatively low cost, good performance. LAB is straight chained and can be dried to a stable powder, which are biodegradable. LAB is also required for the manufacturing of LABSA and linear alkylbenzene sulfonate (LAS), which comprises the largest global share in synthetic surfactant sector. About 83-87% of LAS is being used in household detergents, dishwashing liquids, laundry liquids, laundry powders, and other household cleaners.

In terms of consumption, APAC is the largest market for LAB and is expected to witness the fastest-growth during the forecast period. Several reasons, such as rising industrialization, increase in disposable income, awareness about hygiene, and increasing population are fostering the global market for LAB in this region.

Companies Mentioned

  • CEPSA Quimica SA
  • De Smet Ballestra
  • Emirates Linear Alkyl Benzene FZCO - EMALAB
  • Farabi Petrochemicals
  • Formosan Union Chemical Corporation
  • Honeywell
  • Huntsman Corporation
  • Indian Oil Corporation
  • ISU Chemical
  • JXTG Nippon Oil & Energy
  • Jintung Petrochemical Corp.,Ltd.

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Future of the Market

8. Competitive Landscape

9. Company Profiles

10. Disclaimer

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