Global Linear Alkyl Benzene Market, By Application (Surfactants, Non-Surfactants), End User (Laundry Powder, Heavy-Duty Laundry Liquid, Light-Duty Dish Washing Liquid, Household Cleaner, Industrial Cleaner, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Linear Alkyl Benzene Market
The linear alkyl benzene market is expected to witness market growth at a rate of 3.8% in the forecast period of 2021 to 2028 and is expected to reach USD 4.11 billion by 2028. Data Bridge Market Research report on linear alkyl benzene market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in demand for the product for various end use applications is escalating the growth of linear alkyl benzene market.
Linear alkyl benzene refers to an organic compound possessing carbon range typically between 10 and 16 and is widely used in biodegradable detergents. They are generally produced as an intermediate during the production of surfactants and have been accepted as a raw material industrially and domestically owning to its environmental friendly properties. The product acts as an intermediate for the production of other important chemical compounds.
The rise in the demand for household and industrial cleaners across the globe, acts as one of the major factors driving the growth of linear alkyl benzene market. The increase in the consumer inclination towards these biodegradable detergents and soaps over conventional soaps and detergents because of their environmentally friendly nature and growth of the cleaning industry accelerate the market growth. The surge in demand for the linear alkyl benzene highly dynamic and commoditized industry such as FMCG and implementation of government regulations regarding environmental issues further influence the market. Additionally, urbanization and industrialization, change in lifestyle, surge in disposable income of people and increase in the awareness among people regarding cleanliness extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, fluctuations in the prices of raw material are expected to obstruct the market growth. The increase in preferences from powdered surfactants to liquids in heavy industry is projected to challenge the linear alkyl benzene market in the forecast period of 2021-2028.
This linear alkyl benzene market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on linear alkyl benzene market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Linear Alkyl Benzene Market Scope and Market Size
The linear alkyl benzene market is segmented on the basis of application and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of application, the linear alkyl benzene market is segmented into surfactants and non-surfactants. Surfactants are further segmented into domestic & commercial and industrial.
- On the basis of end user, the linear alkyl benzene market is segmented into laundry powder, heavy-duty laundry liquid, light-duty dish washing liquid, household cleaner, industrial cleaner and others.
Global Linear Alkyl Benzene Market Country Level Analysis
The linear alkyl benzene market is analyzed and market size, volume information is provided by country, application and end user as referenced above.
The countries covered in the global linear alkyl benzene market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Middle East and Asia Pacific dominates the linear alkyl benzene market and is expected to foster the marker because of the increase in production capacity and availability of low cost labor in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Linear Alkyl Benzene Market Share Analysis
The linear alkyl benzene market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to linear alkyl benzene market.
The major players covered in the linear alkyl benzene market report are Cepsa, Deten Quimica S.A., Chevron Phillips Chemical Company, Honeywell International Inc, Huntsman International LLC., Reliance Industries Limited, Jingtung Petrochemical Corp., Ltd, SASOL, PT Unggul Indah Cahaya Tbk, Desmet Ballestra, Farabi Petrochemicals Co., S.B.K HOLDING, Indian Oil Corporation Ltd, Qatar Petroleum, JXTG Nippon Oil & Energy Corporation, and ISU Chemical among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.