Linear Alkylbenzene Sulfonate Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 5.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Linear Alkylbenzene Sulfonate Market Analysis
The market for Linear Alkylbenzene Sulfonate is expected to grow at a CAGR of more than 5% during the forecast period.
- The COVID-19 era had a mixed impact on the market. Due to the increased demand for household cleaning products, disinfectants, and sanitizers, the market saw a boom. On the other hand, the market also saw a decline in demand for industrial and institutional cleaners due to lockdowns and travel restrictions.
- Increasing demand for dishwashing liquids and growing prominence as a substitute for dodecylbenzene sulfonates owing to biodegradability are driving the market.
- On the flip side, the volatile prices of raw materials being used will likely hinder the Linear Alkylbenzene Sulfonate market.
- A rise in demand for personal care products in developing countries is expected to offer various opportunities for the market studied in the near future.
- North American region accounts for the major share in the global linear alkyl benzene sulfonate, with major consumption coming from countries such as the United States and Canada.
Linear Alkylbenzene Sulfonate Market Trends
This section covers the major market trends shaping the Linear Alkylbenzene Sulfonate Market according to our research experts:
Household Cleaners and Detergents to Dominate the Market
- Linear alkylbenzene sulfonate (LABS) is a colorless organic molecule and a chemical intermediate used primarily in the production of home and industrial cleaning products.
- The applications of LAS include - heavy-duty laundry liquids, light-duty dishwashing liquids, laundry powders, and industrial and household cleaners. Heavy-duty laundry liquids are mainly used for commercial laundry purposes and are the most dominant application segment for LAS.
- In the laundry care segment, technological innovations, most notably in liquid tablet detergents and scent boosters, continued to be the principal drivers for the US laundry care industry. Such innovations are further expected to boost the demand for linear alkylbenzene sulfonate in the coming years.
- Moreover, it has also been found that household cleaners had worldwide revenue of about USD 38.39 billion and is expected to reach USD 46.78 billion by 2026. United States has the highest revenue share globally, about USD 6,922 million making it the largest shareholder of household cleaners.
- According to the India Brand Equity Foundation, the dishwasher market in India is expected to surpass USD 90 million by 2025-2026, driven by rising demand from metro cities such as Delhi, Mumbai, Hyderabad, and Bangalore.
- With the increasing demand for innovative, hygiene, and cost-effective products, several companies have also started to invest by expanding their business in the segment. According to Forbes, Procter and Gamble have been the leading company in sales worldwide since 2021. The total sales by the company in household/ personal care products are about USD 79.62 billion.
- With the increasing demand for detergents and cleaners in the household segment, the consumption of linear alkyl benzene sulfonate (LABS) is also expected to increase over the forecast period.
North America Region to Dominate the Market
- North American region accounts for the major share in the global linear alkyl benzene sulfonate, with major consumption coming from countries such as the United States and Canada.
- Owing to the growing personal care industry, the usage of surfactants has increased over the past few years, which is expected to increase the demand for linear alkyl benzene and further sulfonate over the forecast period.
- The United States is the leading country in revenue generated through the household cleaner segment. According to Statista, the revenue in the household cleaners segment amounted to USD 6.92 billion and is expected to reach USD 7.95 billion by 2026.
- According to the Bureau of Labour Statistics, the average expenditure on laundry and cleaning supplies in the United States amounted to 178.45 US dollars per consumer unit in 2021, which increased by about 5% compared to the previous year.
- In the laundry care segment, technological innovations, most notably in liquid tablet detergents and scent boosters, continued to be the principal drivers for the US laundry care industry. Such innovations are further expected to boost the demand for linear alkylbenzene sulfonate in the coming years.
- The region's demand for household cleansers is also anticipated to increase due to the rising use of cleaning products such as surface deodorizers. For instance, in February 2022, SC Johnson Professional launched its Quaternary Disinfectant Cleaner in a new, easy-to-measure, squeeze-and-pour bottle. The product cleans, disinfects, and deodorizes in one labor-saving step. The packaging style makes it simple to measure for dilution in a bucket, automatic scrubber, or spray bottle.
- Overall, the country's linear alkylbenzene sulfonate market is expected to grow substantially during the forecast period.
Linear Alkylbenzene Sulfonate Industry Overview
The Linear Alkylbenzene Sulphonates market is moderately consolidated, with a few players occupying a major market share. Some of the key players include (not a particular order) BASF SE, Stepan Company, Hansa Group ag, Clariant, and Croda International Plc, among others.
Linear Alkylbenzene Sulfonate Market Leaders
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BASF SE
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Stepan Company
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Hansa Group AG
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Clariant
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Croda International Plc
*Disclaimer: Major Players sorted in no particular order
Linear Alkylbenzene Sulfonate Market News
- January 2023: Holiferm Limited and Sasol Chemicals expanded their collaboration to develop and market sustainable surfactants. This collaboration expands the partnership announced in March 2022 between the two companies to develop and commercialize another biosurfactant product, sophorolipids.
- September 2022: Stepan Company announced the acquisition of the surfactant business and other related assets used for household and industrial cleaners' production of PerfromanX Specialty Chemicals, LLC. Apart from the surfactant business, the acquisition includes intellectual property, commercial relationships, and inventory.
Linear Alkylbenzene Sulfonate Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
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4.1 Drivers
- 4.1.1 Increasing Demand for Dish Washing Liquid in Asia-Pacific Region
- 4.1.2 Growing prominence as a substitute for Dodecylbenzene Sulfonates owing to Biodegradability
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4.2 Restraints
- 4.2.1 Volatile Prices of Raw Materials
- 4.3 Industry Value-Chain Analysis
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4.4 Porters Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Consumers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products and Services
- 4.4.5 Degree of Competition
- 4.5 Regulatory Policy Analysis
5. MARKET SEGMENTATION (Market Size in Value)
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5.1 Application
- 5.1.1 Household Detergents and Cleaners
- 5.1.2 Industrial Cleaners
- 5.1.3 Personal Care Products
- 5.1.4 Other Applications
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5.2 Geography
- 5.2.1 Asia-Pacific
- 5.2.1.1 China
- 5.2.1.2 India
- 5.2.1.3 Japan
- 5.2.1.4 South Korea
- 5.2.1.5 Rest of Asia-Pacific
- 5.2.2 North America
- 5.2.2.1 United States
- 5.2.2.2 Canada
- 5.2.2.3 Rest of North America
- 5.2.3 Europe
- 5.2.3.1 Germany
- 5.2.3.2 United Kingdom
- 5.2.3.3 Italy
- 5.2.3.4 France
- 5.2.3.5 Rest of Europe
- 5.2.4 South America
- 5.2.4.1 Brazil
- 5.2.4.2 Argentina
- 5.2.4.3 Rest of South America
- 5.2.5 Middle-East and Africa
- 5.2.5.1 Saudi Arabia
- 5.2.5.2 South Africa
- 5.2.5.3 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Share (%)
- 6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
- 6.4.1 BASF SE
- 6.4.2 Bodal Chemicals Ltd.
- 6.4.3 CEPSA
- 6.4.4 Chevron Phillips Chemical Company
- 6.4.5 Clariant
- 6.4.6 Croda International Plc
- 6.4.7 Desmet Ballestra
- 6.4.8 Formosan Union Chemical Corp
- 6.4.9 Hansa Group AG
- 6.4.10 Kao Corporation
- 6.4.11 Lion Specialty Chemicals Co., Ltd
- 6.4.12 Stepan Company
- 6.4.13 Sasol
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 Rise in Demand for Personal Care Products in Developing Countries
- 7.2 Other Opportunities
Linear Alkylbenzene Sulfonate Industry Segmentation
Linear alkylbenzene sulfonates (LAS) are prepared industrially by the sulfonation of linear alkylbenzenes (LABs). The major feedstock for the manufacturing is C10-C14 n-paraffins and benzene, which are converted to LAB through various intermediate processes.
The linear alkylbenzene sulfonate market is segmented by application and geography. By application, the market is segmented into household detergents and cleaners, Industrial cleaners, personal care products, and other applications. The report also covers the size and forecasts for the linear alkylbenzene sulfonates (LAS) market in 14 countries across major regions.
The report offers market size and forecasts for all the above segments in terms of revenue (USD million).
| Application | Household Detergents and Cleaners | |
| Industrial Cleaners | ||
| Personal Care Products | ||
| Other Applications | ||
| Geography | Asia-Pacific | China |
| India | ||
| Japan | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| Geography | North America | United States |
| Canada | ||
| Rest of North America | ||
| Geography | Europe | Germany |
| United Kingdom | ||
| Italy | ||
| France | ||
| Rest of Europe | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America | ||
| Geography | Middle-East and Africa | Saudi Arabia |
| South Africa | ||
| Rest of Middle-East and Africa |
Linear Alkylbenzene Sulfonate Market Research FAQs
What is the current Linear Alkylbenzene Sulfonate Market size?
The Linear Alkylbenzene Sulfonate Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in Linear Alkylbenzene Sulfonate Market?
BASF SE, Stepan Company, Hansa Group AG, Clariant and Croda International Plc are the major companies operating in the Linear Alkylbenzene Sulfonate Market.
Which is the fastest growing region in Linear Alkylbenzene Sulfonate Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Linear Alkylbenzene Sulfonate Market?
In 2024, the North America accounts for the largest market share in Linear Alkylbenzene Sulfonate Market.
What years does this Linear Alkylbenzene Sulfonate Market cover?
The report covers the Linear Alkylbenzene Sulfonate Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Linear Alkylbenzene Sulfonate Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Linear Alkylbenzene Sulfonate Industry Report
Statistics for the 2024 Linear Alkylbenzene Sulfonate market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Linear Alkylbenzene Sulfonate analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
