Linear Alkyl Benzene Market Overview

Linear Alkyl Benzene Market Size was valued at USD 10.5 billion in 2022. The Linear Alkyl Benzene market industry is projected to grow from USD 10.9 Billion in 2023 to USD 14.0 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 4.3% during the forecast period (2022 – 2030).

The new report from Market Research Future (MRFR) presents a detailed analysis of the global linear alkyl benzene market by providing readers with a comprehensive overview of the market’s historical trajectory. The leading drivers and restraints affecting the global linear alkyl benzene market are assessed in detail in the report. The historical impact of these drivers and restraints is analyzed in context of the current impact of these factors and projections are made for the likely impact of these drivers and restraints over the forecast period. Various components of the global linear alkyl benzene market are also studied in the report and projections are made for the growth trajectory of each distinct component. The various segments and sub-segments within the global linear alkyl benzene market are studied in detail in the report. The study also makes a detailed analysis of the major players operating in the global linear alkyl benzene market and provides a detailed look at the various competitive strategies employed by players in the global linear alkyl benzene market. Likely future conditions with respect to the competitive landscape of the market are also explained in detail in the report.

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Linear alkyl benzene is an organic compound mainly produced from benzene, kerosene, and n-paraffin. Linear alkyl benzene (LAB) is mainly used to produce surfactants for the personal care and cleaning products industries. The biodegradable nature of the LAB-derived surfactant, which is known as linear alkylbenzene sulfonate, is the primary driver for the linear alkyl benzene market. The biodegradable nature of linear alkylbenzene sulfonate has helped it replace dodecylbenzene sulfonate as the surfactant of choice in the cleaning products industry. The increasing awareness about the pollution caused by cleaning products, especially when used on a commercial scale, is likely to drive the demand for LAB-derived surfactants in the coming years. The low cost of linear alkyl benzene in comparison to dodecylbenzene sulfonate is also a major driver for the global linear alkyl benzene market.

The growing urbanization in emerging regions is likely to drive the surfactants industry at a strong pace over the forecast period. Growing urbanization is likely to drive residential as well as commercial construction at a high pace over the forecast period, thus driving the demand for cleaning products. This is likely to remain the major driver for the global linear alkyl benzene market over the forecast period.

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Market Segmentation

The global linear alkyl benzene market has been segmented on the basis of application. MRFR’s take on the market marks various facets of the market in-depth.

The application-based segmentation of this market covers linear alkylbenzene sulfonates (LAS) and non-surfactant application.

The LAS segment has been sub-segmented into consumer cleaning products and industrial & commercial cleaners. The consumer cleaning products have been further segmented into detergents, scouring products, shampoo, soap, and others.

Non-surfactants applications segment has been sub-segmented into agricultural herbicides, electric cable oil, ink solvents, paint industry, wetting agents, and others.

Regional Segmentation

A geographical outlining of the global linear alkyl benzene market covers the Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa (MEA).

During the forecast period, the Asia Pacific region can be the largest and fastest-growing market due to rapid industrialization as well as urbanization. Other factors contributing to the market growth in this region include growing awareness about hygiene, growing Fast-Moving Consumer Goods (FMCG) industry, and rising disposable income. The important country-specific markets are China, India, Japan, and South Korea. In this report, Australia and New Zealand have been clubbed into one segment. An observation of the remaining countries in the Asia Pacific region featured in this report calculates the huge addition to market revenue from some other countries.

After the Asia Pacific region, North America and Europe are the largest regional market. Both of these regions have a steady demand for linear alkyl benzene. In these regions, the market is growing due to developed awareness about hygiene, growing preference for bio-based surfactants, established FMCG industry, high per-capita income, and stringent regulations (especially in USA)  against the use of non-biodegradable surfactants. As most of the major market players are based in North America, it has the edge over Europe.  In North America, the biggest revenue-generating markets are USA and Canada. In Europe, such markets are France, Germany, Italy, Poland, Russia, Spain, and the UK. An inspection of the remaining countries in Europe featured in this report speculate the huge contribution to market revenue from some other countries in this region.

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In Latin America, there is moderate demand for linear alkyl benzene due to the slow overall regional growth. The top country-specific markets in this region are Argentina, Brazil, and Mexico. An evaluation of the remaining countries in Latin America featured in this report expects a decent addition to market revenue from some other countries.

During the forecast period, the market can witness a rise in demand for linear alkyl benzene. Some of the key country-specific markets in this region are Bahrain, Israel, Kuwait, North Africa, Oman, Qatar, Saudi Arabia, Turkey, and the UAE. A valuation of the remaining countries in the MEA region featured in this report anticipates a decent contribution to market revenue from some other countries.

Competitive Analysis:

Sasol Ltd. (South Africa)

Clariant AG (Switzerland)

Hansa Group AG (Germany)

Croda International Plc (UK)

Honeywell International Inc (U.S.)

Desmet Ballestra Group N.V (Belgium)

Indian Oil Corporation Ltd (India)

Reliance Industries Limited. (India)

Deten Quimica S.A. (Brazil)

Huntsman International LLC (U.S.)

Chevron Phillips Chemical Company (U.S.)

PetroChina Company Limited (China)

ISU CHEMICAL. (South Korea)

Jingtung Petrochemical Corp., among others

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