Linear Alkylbenzene Market Report Coverage and Industry Forecast 2023

Industry Overview of Linear Alkylbenzene Market

Linear alkylbenzene (LAB) represents a transparent and odorless organic compound utilized as an intermediate in the production of surfactants and detergents. It is manufactured using various petrochemical products, such as n-paraffin, kerosene, and benzene, through aluminum trichloride (AlCl3) and hydrogen fluoride (HF) processes. LAB is widely used in producing household cleaners, agricultural herbicides, polymers, powder detergents, electric cable oils, and solvents for ink and paints. It is utilized as an emollient, moisturizing, degreasing, emulsifier, wetting, and de-coloring agent. LAB is a cost-effective, biodegradable compound that easily extracts oil and fatty acids from fabrics and textiles. In addition to this, it is also slightly soluble in water, chemically stable, and has a high flash point. As a result, LAB finds widespread applications across several sectors, including textile, paper, detergent, and polymer.

How Big Is the Linear Alkylbenzene Market?

The global linear alkylbenzene market size reached US$ 4.22 Million Tons in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 5.41 Million Tons by 2028 exhibiting a CAGR of 4.06% during 2023-2028.

Linear Alkylbenzene Market Trends and Drivers:

The growing utilization of this compound in the manufacturing of detergents, washing powder, liquid soap, scouring sticks, household cleaners, oil soap, industrial cleaners, and dishwashing liquids is among the primary factors driving the linear alkylbenzene (LAB) market. Besides this, it is also adopted to manufacture linear alkylbenzene sulfonic acid (LBSA) used as an emulsifier, mercerizing agent, and wetting agent in pesticides, lathering applications, textiles, and polymerization, which is further augmenting the market growth. Moreover, the growing popularity of LAB in producing heavy linear alkyl benzene (HLAB) is also catalyzing the global market. Apart from this, the introduction of new production methods, including the Detal process that uses solid catalysts to minimize acidic discharge, enhance quality, improve linearity, maximize product yield, and eliminate the need for effluent treatment, is anticipated to propel the linear alkylbenzene (LAB) market over the forecasted period.

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Global Linear Alkylbenzene Market 2023-2028 Analysis and Segmentation:

Top Key Players covered in this report are: Compañía Española de Petróleos S.A.U. (CEPSA Holding LLC), Desmet Ballestra Group, Farabi Petrochemicals Co., Formosan Union Chemical Corp., Ho Tung Chemical Corp., Honeywell International Inc., Indian Oil Corporation Limited, Indorama Ventures (Indorama Resources Ltd.), Isu Chemical Company, Nirma, Reliance Industries Limited, Sasol Limited, Stepan Company

The report has segmented the market based on region, application and end user.

Application Insights:

End User Insights:

Regional Insights:

Key highlights of the report:

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