Prismane

Global Linear alkylbenzene (LAB) Market, Demand-Supply & Forecast, 2016-2032

Introduction

LAB is an organic compound primarily used to manufacture the surfactant linear alkylbenzene sulphonate (LAS), also known as linear alkylbenzene sulphonic acid (LABSA), which is an important ingredient in the production of biodegradable detergents. Approximately 90% of LAB consumed globally makes laundry detergents, light-duty dishwashing liquids, industrial cleaners, household cleaners, and other products.

Linear Alkylbenzene Market Dynamics and trends

Impact of COVID-19, Focus on Wellness and Sustainable Development Goals (SDG)

The COVID-19 pandemic has made people aware of the rising concerns about cleanliness and personal hygiene and focuses on wellness, well-being, and welfare (WWW). This would further drive the demand growth of LAB during the forecast period. Furthermore, as per the United Nation’s Sustainable Development Goal mission, the sixth Sustainable Development Goal (SDG 6) aims to achieve universal access to adequate and equitable sanitation and hygiene by 2030, which is a major challenge. Safe drinking water and adequate sanitation and hygiene are essential for health protection and directly contribute to good health and well-being. Water-related diseases are interrelated and associated with poverty, and they disproportionately affect vulnerable communities that lack access to even basic WASH services. Universal access to WASH is critical for reducing avoidable deaths from diarrhoea and other water-related diseases and improving nutrition, healthcare delivery, social well-being, and economic output. According to estimates, every dollar invested in WASH yields a $5 return when all social and economic benefits are considered.

Global Sanitation and Hygiene Challenges

Further, as per the United Nations, globally, one in every three people do not have access to safe drinking water, two out of every five people lack access to a basic hand-washing facility with soap and water, and more than 673 million people continue to practice open defecation. The global COVID-19 pandemic has highlighted the importance of sanitation, hygiene, and access to clean water in disease prevention and control. Handwashing was and still is among the most effective actions individuals can take to reduce the spread of the deadly virus and other infections. Despite this, billions of people lack access to safe drinking water and sanitation, with insufficient funding. Other factors such as changes in lifestyle, population size and growth, rising incomes, machine ownership rates, washing frequency, and increased awareness about upcoming detergent brands because of continuously rising media penetration would also have a major impact on the quantities of detergents consumed and, as a result, the consumption for Linear Alkyl Benzene during the forecast period.

Linear Alkylbenzene Market Segmentation

The Linear alkylbenzene market is segmented into by application and by end-use. The major Linear alkyl benzene applications covered are surfactant and others while the key Linear alkylbenzene end-uses include, laundry detergents, Light-duty dishwashing liquids, Industrial cleaners, Household cleaners, Cosmetics & personal care and Others. Laundry detergents account for around 65% of the LAB demand, while Industrial cleaners and Household cleaners together account for around 25% of the global LAB demand.

Asia-Pacific Dominates the Linear Alkylbenzene Market

Asia-Pacific dominates the Linear Alkyl Benzene (LAB) market, accounting highest revenue share. Due to rising hygiene awareness and development in the liquid soap sector, China s market for soap, washing powder, and synthetic detergent has expanded. The country s growing demand for industrial cleaners, facilitated by rapid growth in the industrial segment, is anticipated to drive the linear alkyl benzene market over the forecast period. Similarly, an increasing number of consumers demand personal care products, driving India s linear alkylbenzene (LAB) market.

Major Players in the Linear Alkylbenzene Market

The major players operating in the market include CEPSA Quimica, Reliance Industries, Farabi Petrochemicals Co., Ho Tung Chemical Corp., Isu Chemical Company, NIRMA Ltd, Tamilnadu Petroproducts Limited Ltd., Indian Oil Corporation Ltd, and Formosan Union Chemical Corporation, among others. In May 2021, CEPSA, the world s largest producer of linear alkylbenzene (LAB) and cumene, began operations at the Puente Mayorga chemical plant in San Roque, southern Spain, using Detal technology instead of hydrofluoric acid. LAB is the most used bio-based surfactant in laundry detergents.

Scope of Report 

The LAB report describes the global LAB market, with focus on the country, applications, and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand-Supply Analysis
•  Demand Composition, by Application and End Uses
•  Capacity & Production
•  Trade (Import, Export and Net Export)
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Supply Demand Balance 
•  LAB Market data in terms of volume and value for each end-use 
   at regional and country level
•  LAB Market analysis for Production, Capacity, and Demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population, and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment

1.  Introduction
      •  Scope
      •  Market Coverage
          -  Applications
          -  End Uses
          -  Regions
          -  Countries
      •  Years Considered
          -  Historical - 2016 – 2021
          -  Base - 2022
          -  Forecast Period - 2023 – 2032
      •  Research Methodology
          -  Approach
          -  Research Methodology
          -  Prismane Consulting Market Models
          -  Assumptions & Limitations
          -  Abbreviations & Definitions
          -  Conversion Factors
          -  Data Sources
2.  Market Synopsis 
      •  Market Evolution
      •  Demand-Supply Overview
      •  Industry Structure
      •  Strategic Issues
      •  End-use Trends
      •  Growth Forecast
3.  Economic & Energy Outlook
      •  GDP and Demographics
      •  Monetary & Fiscal Policies
      •  Crude Oil Production and prices
      •  Natural Gas
      •  Electricity Prices
4.  End-use Sector Performance
      •  Industrial
      •  Household
      •  Cosmetics & Personal Care
      •  Others
5.  Plants & Projects Analysis
      •  Linear alkylbenzene Production Capacity, by Company
      •  Linear alkylbenzene Production Capacity, by Country and by region
      •  Capacity Overview
6.  Introduction to Linear alkylbenzene and Market Overview 
      •  Product Description
      •  Grades & Properties
      •  Raw Material
      •  Manufacturing Process
      •  Environmental Issues
      •  Value Chain
      •  Applications
7.  Market Dynamics and Industry Trends 
      •  Market Dynamics 
          -  Drivers
          -  Restraints
          -  Opportunities
          -  Challenges
8.  Global Linear alkylbenzene Demand-Supply Analysis, By Applications, By End Uses (Volume, Value) (2016–2032)
      •  Strategic Issues
      •  Demand-Supply Analysis and Forecast (2016 – 2032)
          -  Capacity
          -  Capacity Utilization (%)
          -  Production
          -  Imports
          -  Exports
          -  Net Trade
          -  Demand
          -  Demand Growth Rate (%)
          -  Driving Force Analysis
      •  Global Linear alkylbenzene Market, By Applications
          -  Surfactants 
          -  Others
      •  Global Linear alkylbenzene Market, By End Uses 
          -  Laundry detergents
          -  Light-duty dishwashing liquids
          -  Industrial cleaners
          -  Household cleaners
          -  Cosmetics & personal care
          -  Others
9.  Demand-Supply Analysis and Market Review, By Region, By Country (Volume, Value), (2016– 2032)
      •  Strategic Issues
      •  Capacity
      •  Capacity Utilization (%)
      •  Production
      •  Imports
      •  Exports
      •  Net Exports
      •  Demand
      •  Demand Growth Rate (%)
      •  Linear alkylbenzene Market, By Applications
      •  Linear alkylbenzene Market, By End Uses
Note: Demand-Supply Analysis has been provided for all major Regions / Countries as mentioned below. The demand-supply (consumption) split by types and applications has been provided for each of the countries/regions in Volume (Kilotons) and Value (USD Million).
      •  North America
         -  USA
         -  Canada
         -  Mexico
      •  Western Europe
         -  Germany
         -  France
         -  Italy
         -  United Kingdom
         -  Spain
         -  Rest of Western Europe
      •  Central & Eastern Europe
         -  Russia
         -  Turkey
         -  Rest of Central & Eastern Europe
      •  Asia-Pacific
         -  China
         -  Japan
         -  India
         -  South Korea
         -  Pakistan
         -  Thailand
         -  Indonesia
         -  Rest of Asia-Pacific
      •  Central & South America
         -  Brazil
         -  Argentina
         -  Rest of Central & South America
      •  Middle East & Africa
         -  Saudi Arabia         
         -  Iran         
         -  South Africa         
         -  Rest of Middle East & Africa
Note: CAGR will be calculated for all the types and applications to arrive at the regional/global demand growth for the forecast period (2023 – 2032)
10.  Pricing Analysis
      •  Average Linear alkylbenzene Prices, USD/Kg
      •  Average Linear alkylbenzene prices, by Country 
      •  Average Linear alkylbenzene prices, by Region
      •  Price Forecast
11.  Key Strategic Issues
12.  Business Opportunity Assessment 
      •  Market Attractiveness Assessment
      •  Prospective & Target Market Study
13.  Strategic Recommendation & Suggestions
14.  Company Analysis and Market Share Analysis
      •  Linear alkylbenzene Manufacturers Profiles/ Company Analysis
         -  Basic Details
         - Headquarters, Key Markets
         -  Ownership
         -  Company Financial
         -  Manufacturing Bases
         -  Global Turnover
         -  Total Employee
         -  Product Portfolio / Services / Solutions
         -  Recent Developments
         -  Companies Covered
             -  CEPSA Quimica
             -  Jin Tung Petrochemical
             -  Fushun Petrochemical
             -  Indorama Ventures
             -  Reliance industries
             -  Tamilnadu Petroproducts Limited (TPL)
             -  Indian oil
             -  Isu Chemical Company
             -  Unggul Indah Cahaya Tbk (UIC)
             -  Other Manufacturers
Note: This section includes company information, company financials, manufacturing bases, and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports, or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.
15.  Appendices
      •  Demand-Supply - Regions
      •  Demand-Supply– Countries
      •  Capacities, 2016-2032

Scope of Report 

The LAB report describes the global LAB market, with focus on the country, applications, and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand-Supply Analysis
•  Demand Composition, by Application and End Uses
•  Capacity & Production
•  Trade (Import, Export and Net Export)
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Supply Demand Balance 
•  LAB Market data in terms of volume and value for each end-use 
   at regional and country level
•  LAB Market analysis for Production, Capacity, and Demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population, and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment