The linear alkyl benzene market size has grown steadily in recent years. It will grow from $9.33 billion in 2023 to $9.77 billion in 2024 at a compound annual growth rate (CAGR) of 4.7%. The growth observed during the historical period can be attributed to the rising demand for linear alkyl benzene (LAB) in detergents and cleaning products, expanding industrial applications of LAB as a surfactant, increasing adoption of LAB in the production of biodegradable detergents, growing consumer preference for environmentally friendly products, and enhancements in production capacities along with technological advancements in LAB manufacturing.
The linear alkyl benzene market size is expected to see steady growth in the next few years. It will grow to $11.8 billion in 2028 at a compound annual growth rate (CAGR) of 4.8%. The anticipated growth in the forecast period can be attributed to the increasing emphasis on sustainability and eco-friendly products, rising demand from emerging economies for cleaning products, expansion in the automotive and industrial sectors, advancements in LAB production technology and efficiency, and heightened awareness along with regulatory support for green chemicals. Key trends expected during this period include a shift towards bio-based LAB and sustainable production practices, growth in the use of LAB in high-performance cleaning formulations, an increased focus on product innovation and differentiation, expansion of LAB applications in emerging markets, and the development of new manufacturing technologies aimed at reducing environmental impact.
The increasing demand for detergents and surfactants is projected to drive the growth of the linear alkylbenzene market in the coming years. Detergents are cleaning agents designed to eliminate dirt and grease from surfaces, typically composed of surfactants. Surfactants are compounds that lower the surface tension between liquids or between a liquid and a solid, facilitating the cleaning process by breaking down oils and grime. The rising need for detergents and surfactants is attributed to several factors, including heightened hygiene awareness, growing urbanization, increased disposable incomes, population expansion, and the demand for more effective cleaning products in both household and industrial sectors. Linear alkylbenzene serves as a crucial ingredient in the production of linear alkylbenzene sulfonate (LAS), a biodegradable and efficient cleaning agent recognized for its strong degreasing and foaming properties. For example, in June 2023, Procter & Gamble Company, a US-based consumer goods corporation, reported that net sales for fabric and home care products reached $28.37 billion in 2023, marking a 3% increase from $27.55 billion in 2022, with an 8% growth in organic sales. Consequently, the rising demand for detergents and surfactants is fueling the growth of the linear alkylbenzene market.
Key players in the linear alkylbenzene market are concentrating on developing technologically advanced products, such as sustainable LAB variants, to maintain a competitive advantage. Sustainable linear alkylbenzene products aim to reduce carbon footprints and utilize renewable raw materials, addressing the growing demand for environmentally friendly solutions in the homecare sector. For instance, in January 2023, Cepsa Química, a Spain-based chemical company, launched NextLab, the world’s first sustainable linear alkylbenzene (LAB). This new product line, tailored for the homecare market, features lower greenhouse gas emissions and incorporates renewable raw materials while delivering performance comparable to traditional linear alkylbenzene (LAB). NextLab includes three main variants, such as NextLab-R, derived from renewable resources, and NextLab-Low Carbon, which utilizes alternative energy sources during production.
In November 2023, Abu Dhabi Developmental Holding Company (ADQ), a UAE-based investment and holding entity, acquired a 35% stake in Egyptian Linear Alkyl Benzene (Elab) for an undisclosed amount. This acquisition aligns with Egypt's broader privatization program, aimed at stimulating economic growth and attracting foreign investment. Egyptian Linear Alkyl Benzene (Elab) is an Egypt-based manufacturer of linear alkylbenzene.
Major companies operating in the linear alkyl benzene market are Reliance Industries Limited, Mitsui Bussan, Indian Oil Corporation Limited, BASF SE, Saudi Basic Industries Corporation, LG Chem, Cepsa Chemicals, INEOS Group, Evonik Industries, Thai Oil, Chevron Phillips Chemical Company, Ecolab Inc., Kao Chemicals, S&P Global, Eastman Chemical Company, Huntsman Corporation, Clariant International Ltd, KLK Oleo, QatarEnergy, Haldia Petrochemicals Limited, Sasol Limited, Royal Global Energy, Chemstock.
Asia-Pacific was the largest region in the linear alkyl benzene market in 2023. The regions covered in the linear alkyl benzene market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the linear alkyl benzene market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Linear alkyl benzene (LAB) is an organic compound primarily produced as an intermediate in the manufacture of surfactants used in detergents. It is derived from linear alkenes, which are generated through the dehydrogenation of hydrotreated kerosene and high-purity linear paraffins, or by the partial polymerization of ethylene. This process involves a subsequent reaction with benzene in the presence of a catalyst to yield linear alkyl benzenes.
The main types of linear alkylbenzene include C10-C13, C14-C17, and others, with the C10-C13 type denoting the number of carbon atoms in the alkyl chain of the LAB molecule. Sales channels for LAB include direct sales and indirect sales. Its applications encompass linear alkylbenzene sulfonates and other derivatives, serving various end-users such as homecare, industrial and institutional cleaning, among others.
The linear alkylbenzene market research report is one of a series of new reports that provides linear alkylbenzene market statistics, including linear alkylbenzene industry global market size, regional shares, competitors with a linear alkylbenzene market share, detailed linear alkylbenzene market segments, market trends and opportunities, and any further data you may need to thrive in the linear alkylbenzene industry. This linear alkylbenzene market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The linear alkyl benzene market consists of sales of laundry detergents, dishwashing liquids, and other cleaning solutions. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The linear alkyl benzene market size is expected to see steady growth in the next few years. It will grow to $11.8 billion in 2028 at a compound annual growth rate (CAGR) of 4.8%. The anticipated growth in the forecast period can be attributed to the increasing emphasis on sustainability and eco-friendly products, rising demand from emerging economies for cleaning products, expansion in the automotive and industrial sectors, advancements in LAB production technology and efficiency, and heightened awareness along with regulatory support for green chemicals. Key trends expected during this period include a shift towards bio-based LAB and sustainable production practices, growth in the use of LAB in high-performance cleaning formulations, an increased focus on product innovation and differentiation, expansion of LAB applications in emerging markets, and the development of new manufacturing technologies aimed at reducing environmental impact.
The increasing demand for detergents and surfactants is projected to drive the growth of the linear alkylbenzene market in the coming years. Detergents are cleaning agents designed to eliminate dirt and grease from surfaces, typically composed of surfactants. Surfactants are compounds that lower the surface tension between liquids or between a liquid and a solid, facilitating the cleaning process by breaking down oils and grime. The rising need for detergents and surfactants is attributed to several factors, including heightened hygiene awareness, growing urbanization, increased disposable incomes, population expansion, and the demand for more effective cleaning products in both household and industrial sectors. Linear alkylbenzene serves as a crucial ingredient in the production of linear alkylbenzene sulfonate (LAS), a biodegradable and efficient cleaning agent recognized for its strong degreasing and foaming properties. For example, in June 2023, Procter & Gamble Company, a US-based consumer goods corporation, reported that net sales for fabric and home care products reached $28.37 billion in 2023, marking a 3% increase from $27.55 billion in 2022, with an 8% growth in organic sales. Consequently, the rising demand for detergents and surfactants is fueling the growth of the linear alkylbenzene market.
Key players in the linear alkylbenzene market are concentrating on developing technologically advanced products, such as sustainable LAB variants, to maintain a competitive advantage. Sustainable linear alkylbenzene products aim to reduce carbon footprints and utilize renewable raw materials, addressing the growing demand for environmentally friendly solutions in the homecare sector. For instance, in January 2023, Cepsa Química, a Spain-based chemical company, launched NextLab, the world’s first sustainable linear alkylbenzene (LAB). This new product line, tailored for the homecare market, features lower greenhouse gas emissions and incorporates renewable raw materials while delivering performance comparable to traditional linear alkylbenzene (LAB). NextLab includes three main variants, such as NextLab-R, derived from renewable resources, and NextLab-Low Carbon, which utilizes alternative energy sources during production.
In November 2023, Abu Dhabi Developmental Holding Company (ADQ), a UAE-based investment and holding entity, acquired a 35% stake in Egyptian Linear Alkyl Benzene (Elab) for an undisclosed amount. This acquisition aligns with Egypt's broader privatization program, aimed at stimulating economic growth and attracting foreign investment. Egyptian Linear Alkyl Benzene (Elab) is an Egypt-based manufacturer of linear alkylbenzene.
Major companies operating in the linear alkyl benzene market are Reliance Industries Limited, Mitsui Bussan, Indian Oil Corporation Limited, BASF SE, Saudi Basic Industries Corporation, LG Chem, Cepsa Chemicals, INEOS Group, Evonik Industries, Thai Oil, Chevron Phillips Chemical Company, Ecolab Inc., Kao Chemicals, S&P Global, Eastman Chemical Company, Huntsman Corporation, Clariant International Ltd, KLK Oleo, QatarEnergy, Haldia Petrochemicals Limited, Sasol Limited, Royal Global Energy, Chemstock.
Asia-Pacific was the largest region in the linear alkyl benzene market in 2023. The regions covered in the linear alkyl benzene market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the linear alkyl benzene market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Linear alkyl benzene (LAB) is an organic compound primarily produced as an intermediate in the manufacture of surfactants used in detergents. It is derived from linear alkenes, which are generated through the dehydrogenation of hydrotreated kerosene and high-purity linear paraffins, or by the partial polymerization of ethylene. This process involves a subsequent reaction with benzene in the presence of a catalyst to yield linear alkyl benzenes.
The main types of linear alkylbenzene include C10-C13, C14-C17, and others, with the C10-C13 type denoting the number of carbon atoms in the alkyl chain of the LAB molecule. Sales channels for LAB include direct sales and indirect sales. Its applications encompass linear alkylbenzene sulfonates and other derivatives, serving various end-users such as homecare, industrial and institutional cleaning, among others.
The linear alkylbenzene market research report is one of a series of new reports that provides linear alkylbenzene market statistics, including linear alkylbenzene industry global market size, regional shares, competitors with a linear alkylbenzene market share, detailed linear alkylbenzene market segments, market trends and opportunities, and any further data you may need to thrive in the linear alkylbenzene industry. This linear alkylbenzene market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The linear alkyl benzene market consists of sales of laundry detergents, dishwashing liquids, and other cleaning solutions. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Linear Alkyl Benzene Market Characteristics3. Linear Alkyl Benzene Market Trends And Strategies32. Global Linear Alkyl Benzene Market Competitive Benchmarking33. Global Linear Alkyl Benzene Market Competitive Dashboard34. Key Mergers And Acquisitions In The Linear Alkyl Benzene Market
4. Linear Alkyl Benzene Market - Macro Economic Scenario
5. Global Linear Alkyl Benzene Market Size and Growth
6. Linear Alkyl Benzene Market Segmentation
7. Linear Alkyl Benzene Market Regional And Country Analysis
8. Asia-Pacific Linear Alkyl Benzene Market
9. China Linear Alkyl Benzene Market
10. India Linear Alkyl Benzene Market
11. Japan Linear Alkyl Benzene Market
12. Australia Linear Alkyl Benzene Market
13. Indonesia Linear Alkyl Benzene Market
14. South Korea Linear Alkyl Benzene Market
15. Western Europe Linear Alkyl Benzene Market
16. UK Linear Alkyl Benzene Market
17. Germany Linear Alkyl Benzene Market
18. France Linear Alkyl Benzene Market
19. Italy Linear Alkyl Benzene Market
20. Spain Linear Alkyl Benzene Market
21. Eastern Europe Linear Alkyl Benzene Market
22. Russia Linear Alkyl Benzene Market
23. North America Linear Alkyl Benzene Market
24. USA Linear Alkyl Benzene Market
25. Canada Linear Alkyl Benzene Market
26. South America Linear Alkyl Benzene Market
27. Brazil Linear Alkyl Benzene Market
28. Middle East Linear Alkyl Benzene Market
29. Africa Linear Alkyl Benzene Market
30. Linear Alkyl Benzene Market Competitive Landscape And Company Profiles
31. Linear Alkyl Benzene Market Other Major And Innovative Companies
35. Linear Alkyl Benzene Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Linear Alkyl Benzene Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on linear alkyl benzene market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for linear alkyl benzene? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The linear alkyl benzene market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: C10-C13; C14-C17; Other Types2) By Sales Channel: Direct Sale; Indirect Sale
3) By Application: Linear Alkylbenzene Sulfonates; Other Applications
4) By End-Use: Homecare; Industrial And Institutional Cleaning; Other End-Users
Key Companies Mentioned: Reliance Industries Limited; Mitsui Bussan; Indian Oil Corporation Limited; BASF SE; Saudi Basic Industries Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies profiled in this Linear Alkyl Benzene market report include:- Reliance Industries Limited
- Mitsui Bussan
- Indian Oil Corporation Limited
- BASF SE
- Saudi Basic Industries Corporation
- LG Chem
- Cepsa Chemicals
- INEOS Group
- Evonik Industries
- Thai Oil
- Chevron Phillips Chemical Company
- Ecolab Inc.
- Kao Chemicals
- S&P Global
- Eastman Chemical Company
- Huntsman Corporation
- Clariant International Ltd
- KLK Oleo
- QatarEnergy
- Haldia Petrochemicals Limited
- Sasol Limited
- Royal Global Energy
- Chemstock
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | December 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 9.77 Billion |
Forecasted Market Value ( USD | $ 11.8 Billion |
Compound Annual Growth Rate | 4.8% |
Regions Covered | Global |
No. of Companies Mentioned | 24 |