Linear Alkyl Benzene Market - Forecast(2021 - 2026)

 Linear Alkyl Benzene Market size is forecast to reach $11.8 billion by 2025, after growing at a CAGR of 4.7% during 2020-2025. With rise in demand for cleaners and increased shale gas production, the Linear alkyl benzene market is witnessing an increase in demand. Increasing Governments’ focus on environmental regulations is expected to increase the growth of the Linear Alkyl Benzene market. 


Report Coverage

The report: “Linear Alkyl Benzene Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Linear Alkyl Benzene Industry. 

By Application - Surfactant & Detergent (Domestic & Commercial, Industrial), Personal Care, Others.
By End Use - Laundry & Detergents, Light-Duty Dishwashing Liquids, Industrial Cleaners, Household Cleaners, Others (Including Agricultural Herbicides).
By Geography – North America, South America, Europe, APAC, RoW. 


Key Takeaways

  • Asia-Pacific dominates the Linear alkyl benzene market across the world, with the largest consumption from the countries, such as China and India.
  • The laundry detergents industry dominated the market and is expected to grow during the forecast period, fueled by the rising penetration of washing machines in developing countries.
  • Environmental-friendly products have led to significant rise in the demand for linear alkylbenzene sulfonate-based personal care products and detergents, is likely to aid in the market growth of Linear alkyl benzene.
  • Availability of alternative synthetic chemicals and pricing advantage over the linear alkylbenzene sulfonate-based products may hamper the growth of Linear alkyl benzene market.
  • Due to the COVID 19 pandemic, linear alkyl benzene market will grow owing to the rapid increase in demand for essential products.

Linear Alkyl Benzene Market Segment Analysis - By Application

Surfactant & Detergent has been the primary market for Linear alkyl benzene as, Surfactants are one of many different compounds that make up a detergent and unsaturated polyester works as resins in it. They are added to remove dirt from skin, clothes and household articles particularly in kitchens and bathrooms. They are also used extensively in industry. The term surfactant comes from the words surface active agent. Surfactants function by breaking down the interface between water and oils and/or dirt. They also hold these oils and dirt in suspension, and so allow their removal. They are able to act in this way because they contain both a hydrophilic (water loving) group, such as an acid anion and a hydrophobic (water hating) group, such as an alkyl chain. Izod test is has become the standard testing procedure for comparing the impact resistances.


Linear Alkyl Benzene Market Segment Analysis - By End Use

Laundry & Detergents industry holds the largest market share in Linear alkyl Benzene market. Linear alkylbenzene sulfonate (LABS) is a colorless organic compound and an intermediate chemical, used mainly for the purpose of manufacturing household and industrial cleaning agents. Thermoplastic composites material is highly used for packaging of personal care and detergents products. LABS also enjoy a good demand from the detergent industry as its basic raw material. The applications of LABS include heavy-duty laundry liquids, light-duty dishwashing liquids, laundry powders, etc. Countries such as India, China, etc., are the leading manufacturer of laundry detergent. India is one of the largest producers of soaps and detergents, globally. Government initiatives, such as the Swachh Bharat Mission, promote health and hygiene.  Such initiatives, along with growing usage of soaps and detergent, have led to the growth of the manufacturing industry, which is further boosting the demand of Linear alkyl benzene market.


Linear Alkyl Benzene Market Segment Analysis - By Geography

APAC has dominated the Linear alkyl benzene market with a share of more than x%, followed by North America and Europe. In countries such as India, China, the market for the soap, washing powder and synthetic detergent industry is growing, due to increasing awareness about hygiene and development in the liquid soap segment. China is becoming the largest market in terms of cosmetics and skincare products, globally. Whereas, India is one of the largest producers of soaps in the world. The aforementioned factors are contributing to the increasing demand for linear alkyl benzene (LAB) consumption in the region, during the forecast period.
Location: United States

Comments

Post a Comment

Popular posts from this blog

Printed Tape Market - Forecast(2021 - 2026)

  Printed Tape Market  Overview Printed tape market size is forecast to reach  $38.4 billion by 2026 , after growing at a  CAGR of 5.9% during 2021-2026 . Printed tapes can help in spotlighting company, product or logo and can be also used as an alternative for printed cartons in tapes, owing to the printed tape market is witnessing an increase in demand. These printed tapes are hot melt and have fast adhesive strength of synthetic rubber even in lower temperatures as compared to acrylic adhesive, which is more resistant to aging and UV radiation. However, it also gives free professional design assistance, alignments, and quality checks at every step which makes the seller feel protective towards their product and avoids black-marketing. Growing public interest towards printed tapes for packaging will further enhance the overall market demand for Printed tape during the forecast period. Covid Impact The worldwide spread of the COVID-19 pandemic has disrupted the trad...
Read more

Pet Care Market - Forecast(2021 - 2026)

  Pet Care Market Overview: According to the European Pet Food Industry Federation (FEDIAF), the daily diet requirement for a dog and a cat are 37 and 40 nutrients respectively. [1]  This daily requirement of nutrients is largely fulfilled by canned pet foods which throws light on the essentiality of pet products in modern-day life. Pet care is a lucrative market growing rampantly in U.S. and U.K. owing to growing instances of pet ownership in these regions. The pet care market also includes items for pet grooming, pet accessories, pet shops, pet essentials, pet care clinics, pet care insurance, and many others. As a result of this increase in pet adoption, consumers are now spending colossal amounts of their income on pet care thereby ballooning the demand for pet products. Furthermore, ease of pet training and grooming facilities has considerably boosted the global pet care market which offered opportunities worth $125 billion as of 2018. During the forecast period 2019-2025...
Read more

Occupant Classification System Market - Forecast(2021 - 2026)

Image
  Occupant Classification System Market Overview The global Occupant Classification System Market size is estimated to surpass  $1.1 billion mark by 2026  growing at a projected CAGR of more than  6.2%  during the forecast period 2021 to 2026. The surging demand for road safety in automobiles pertaining to driver safety and stringent government regulations related to occupant safety will boost the Occupant Classification Systems market. The market is driven by declining prices of the safety systems in passenger vehicles. The market is also driven by increasing number of accidents and stringent government regulations & policies. The automotive sector has seen a growing inclination towards the safety and comfort of the passenger over the years. This focus on safety of the passengers/driver is illustrated by the steps taken by automotive manufacturers, such as introduction of seat belt tensioners, air-bags and  ABS (anti-lock braking)  in the vehicles...
Read more