Market Synopsis:
Linear
alkylbenzenes (LAB) is an organic compound with the molecular formula
C6H5CnH2n+1, which is also known as detergent alkylate. The LAB is extensively
used as a chemical intermediate to form linear alkylbenzene sulfonate (LAS),
which is used as a surfactant in detergents and cleaning products. Furthermore,
others applications include use in agricultural herbicides, emulsion
polymerization, wetting agents, electric cable oil, ink solvents, and paints.
The LAB is mainly produced from n-paraffins, kerosene, and benzene.
It is widely preferred owing to its low cost and biodegradable nature, and
therefore it is extensively used as a replacement for dodecylbenzene sulfonate,
a non-biodegradable surfactant.
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Growing awareness
pertaining to hygiene is likely to boost the demand for detergents &
cleaners and thus positively impact the linear alkyl benzene market for
surfactant application over the forecast period. Rapid industrialization and
urbanization due to increasing population are also expected to contribute to
the market growth over the forecast period 2018-2023. Growing preference for
bio-based surfactants, particularly in developed economies owing to the
stringent regulations by EPA against the use of non-biodegradable
dodecylbenzene sulfonate is attributed to the growth of the global linear alkyl
benzene market over the forecast period.
On the basis
of the application, the global linear alkyl benzene market is segmented into
linear alkylbenzene sulfonate (LAS) manufacturing and non-surfactant
applications. LAS is sub-segmented based on applications into consumer cleaning
products and industrial & commercial cleaners. The consumer cleaning
products are further segmented by product types into detergents, scouring
products, soap, shampoo, and others. The
non-surfactants applications are segmented into agricultural herbicides,
wetting agents, electric cable oil, ink solvents, paint industry, and others.
LAS accounted to be the major end-use application of linear alkyl benzene in
2017 and is expected to continue market growth at an exponential rate during
the forecast period. Industrial cleaners segment is accounted to hold the large
market share is owing to the rapid industrialization in emerging economies and
the large-scale consumption in 2017 and is expected to show a considerable
growth during the forecast period. However, growing consumption of linear alkyl
benzene sulfonate-based surfactants for both personal care and home care
applications such as liquid & powder detergents, scouring products, soaps
(laundry, bathing, and utensil washing), and shampoo among other owing to its
bio-degradable nature are likely to exhibit exponential market growth during
the forecast period.
Key Players
Ø Sasol Ltd.
Ø Clariant AG
Ø Hansa Group AG
Ø Croda International Plc
Ø Honeywell International Inc
Ø Desmet Ballestra Group N.V
Ø Indian Oil Corporation Ltd
Ø Reliance Industries Limited.
Ø Deten Quimica S.A.
Ø Huntsman International LLC
Ø Chevron Phillips Chemical Company
Ø PetroChina Company Limited
Ø ISU CHEMICAL
Ø Jingtung Petrochemical Corp.,Ltd
Ø PT Unggul Indah Cahaya Tbk
Market
Segmentation
The global
linear alkyl benzene market is segmented by application and region.
On the basis
of the application, the global linear alkyl benzene market is segmented into
linear alkylbenzene sulfonate (LAS) manufacturing and non-surfactant
applications. LAS is sub-segmented based on applications into consumer cleaning
products and industrial & commercial cleaners. Consumer cleaning products
are further segmented based on product types into detergents, scouring
products, soap, shampoo, and others. Non-surfactants applications are
sub-segmented into agricultural herbicides, wetting agents, electric cable oil,
ink solvents, paint industry, and others.
Intended
Audience
- Linear alkylbenzene
manufacturers
- Traders and distributors of
linear alkylbenzene
- Research and development
institutes
- Potential investors
- Raw material suppliers
- Nationalized laboratory
Despite of volatility in prices of feedstock Benzene, prices of Linear alkyl benzene lab price increased effectively increased throughout the quarter. The demand for Linear Alkyl Benzene remained sturdy to support the prices, while the availability remained tight due to lower inventory levels across the region. In addition, demand from downstream detergent and LABSA remained high that supported the overall price trajectory for LAB during this timeframe. In addition, the demand from the global market remained strong in the meantime, while the suppliers were anxious about unstable transportation activities, where the freight cost was shot up rapidly across prime trade route.
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