Market Size of Linear Alkylbenzene Sulfonate Industry
| 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 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).
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| Household Detergents and Cleaners | |
| Industrial Cleaners | |
| Personal Care Products | |
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Linear Alkylbenzene Sulfonate Market Size Summary
The Linear Alkylbenzene Sulfonate (LABS) market is poised for significant growth, driven by increasing demand for household cleaning products and the rising popularity of dishwashing liquids. The market's expansion is further supported by LABS's biodegradability, making it a preferred substitute for dodecylbenzene sulfonates. However, the market faces challenges due to the volatile prices of raw materials. The North American region, particularly the United States and Canada, holds a substantial share of the global market, with the United States leading in revenue generation from household cleaners. The demand for personal care products in developing countries presents additional opportunities for market growth.
In the laundry care segment, technological innovations such as liquid tablet detergents and scent boosters are key drivers, expected to enhance the demand for LABS. The market is moderately consolidated, with major players like BASF SE, Stepan Company, and Clariant holding significant shares. Recent collaborations and acquisitions, such as Holiferm Limited and Sasol Chemicals' partnership to develop sustainable surfactants, indicate a strategic focus on innovation and sustainability. The market's growth trajectory is supported by the increasing consumption of LABS in both household and industrial applications, with a notable rise in demand for innovative and cost-effective cleaning solutions.
Linear Alkylbenzene Sulfonate Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Increasing Demand for Dish Washing Liquid in Asia-Pacific Region
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1.1.2 Growing prominence as a substitute for Dodecylbenzene Sulfonates owing to Biodegradability
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1.2 Restraints
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1.2.1 Volatile Prices of Raw Materials
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1.3 Industry Value-Chain Analysis
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1.4 Porters Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Consumers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Degree of Competition
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1.5 Regulatory Policy Analysis
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2. MARKET SEGMENTATION (Market Size in Value)
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2.1 Application
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2.1.1 Household Detergents and Cleaners
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2.1.2 Industrial Cleaners
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2.1.3 Personal Care Products
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2.1.4 Other Applications
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2.2 Geography
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2.2.1 Asia-Pacific
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2.2.1.1 China
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2.2.1.2 India
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2.2.1.3 Japan
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2.2.1.4 South Korea
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2.2.1.5 Rest of Asia-Pacific
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2.2.2 North America
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2.2.2.1 United States
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2.2.2.2 Canada
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2.2.2.3 Rest of North America
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2.2.3 Europe
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2.2.3.1 Germany
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2.2.3.2 United Kingdom
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2.2.3.3 Italy
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2.2.3.4 France
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2.2.3.5 Rest of Europe
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2.2.4 South America
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2.2.4.1 Brazil
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2.2.4.2 Argentina
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2.2.4.3 Rest of South America
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2.2.5 Middle-East and Africa
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2.2.5.1 Saudi Arabia
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2.2.5.2 South Africa
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2.2.5.3 Rest of Middle-East and Africa
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Linear Alkylbenzene Sulfonate Market Size 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.
