Linear alkyl benzene (LAB) is a colourless organic compounds formed from oligomerized ethylene. Kerosene is generally used as a raw material for the production of LAB. LAB is obtained as a co-product during the process of dehydrogenation of kerosene.One of the most important characteristics of LAB is biodegradability. LAB is primarily used to manufacture linear alkylbenzene sulfonate (LAS). LAS is used as a base material for manufacturing various detergents. Significant portion of LAB is consumed for the preparation of LAS. LAB can also be used in its original form for manufacturing detergents. LAB possesses high light yield, optimum optical transparency, low radioactive impurities and high flash point because of which it is useful for producing neutrino detectors. Various other applications of LAB may include paint industry, ink solvents, electric cable oil, agricultural herbicides, emulsion polymerization and as wetting agents. LAB market has been experiencing a slow but steady growth over pals five years. Increasing demand for various cleaners is expected to drive this market over next six years. Governmental regulations regarding restrictions on non-biodegradable materials have fuelled the growth of this market significantly. Various derivatives of LAB such as LAS are also biodegradable in nature and thus are used heavily in the preparation of surfactants. LAB is extensively used for manufacturing laundry powders, heavy-duty laundry liquids, light-duty dishwashing liquids, household cleaners and industrial cleaners. Asia Pacific regional market dominated the global LAB market in terms of revenue as well as volume. LAB market consists of large number of local manufacturers. Key players in the market include Sasol, CEPSA Quimica S.A., Unggul Indah Cahaya, Chevron Phillips Chemical, Reliance Aromatics and PetrochemicalsPvt. Ltd., Deten Quimica, Jintung Petrochemical, Fushun Petrochemicals, ISU Chemical, Honeywell and Huntsman Corporation.
Various applications of linear alkyl benzene include laundry powder, heavy-duty laundry liquid, light-duty dish washer, household cleaners, industrial cleaners etc. Heavy-duty laundry liquid dominated the total market share of LAB in terms of volume as well as revenue in 2013. Heavy-duty laundry liquid segment was followed by industrial cleaners segment. Household cleaner segment is expected to be the fastest growing application segment over the forecast period. Industrial growth coupled with rapid economic development in emerging economies is expected to fuel the growth of industrial cleaner segment.
The global LAB market can be subdivided into various regional markets as North America, Europe, Asia Pacific, Latin America and RoW. Asia Pacific regional market dominated the overall LAB market in terms of revenue as well as volume. Growing economies and industrialization in developing economies like India and China. Asia Pacific market, apart from being the largest market is also expected to grow at a significant growth rate. Increasing demand for biodegradable cleansing agents is expected to fuel the growth of the market. LAB market in Europe and North America has been growing at a relatively sluggish rate due to recent economic slowdown.
Global market for linear alkyl benzene is fragmented within many companies including include Sasol, CEPSA Quimica S.A., Unggul Indah Cahaya, Chevron Phillips Chemical, Reliance Aromatics and PetrochemicalsPvt. Ltd., Deten Quimica, Jintung Petrochemical, Fushun Petrochemicals, ISU Chemical, Honeywell and Huntsman Corporation. Sasol possesses maximum individual market share of the total market share of LAB market in terms of volume as well as revenue in 2013.
Key questions answered by the report
- What was the size of the Linear alkyl benzene market in 2013; what are the expected growth trends and market forecast for 2014 to 2020
- Which companies were the leaders in 2013, what are the strategic initiatives taken by them
- What opportunities are available to these and other contenders in this space
- What are the barriers and opportunities in the linear alkyl benzene market
- Which were the top-performing applications segments in 2013? How will these segments perform in 2020
- Which were the top-performing regional markets in 2013? How will these markets perform in 2020