Linear Alkyl Benzene (LAB) Market By Type (Surfactants, and Non-Surfactants), By Application (Household, Commercial, and Industry), and By Region - Trends, Analysis and Forecast till 2034

Report Code: PMI330719 | Publish Date: February 2024 | No. of Pages: 178

Global Linear Alkyl Benzene LAB Overview

Linear Alkyl Benzene (LAB) Market was valued at USD 11.4 Billion in 2024 and is projected to grow at a CAGR of 31.00% to reach USD 133.7 Billion by 2034.

Linear Alkyl Benzene (LAB) is produced by the reaction of benzene with a linear alkyl chain, typically derived from olefins, which are obtained from petroleum refining. The resulting product is then purified and sulfonated to produce Linear Alkyl benzene Sulfonate (LAS).

One major driver of the LAB market is the increasing demand for liquid laundry detergents, which require higher amounts of Linear Alkyl Benzene (LAB) compared to powder detergents. The trend towards more efficient and effective cleaning products is expected to drive the demand for Linear Alkyl Benzene (LAB) Market, as it is an important raw material in the production of high-performance detergents.

Global Linear Alkyl Benzene LAB Drivers & Restraints

Rising demand for biodegradable and eco-friendly surfactants

The demand for biodegradable and eco-friendly surfactants is driven by increasing consumer awareness of the environmental impact of cleaning products. Consumers are looking for products that are safe for the environment or do not harm to wildlife and also products like Anti-Pollution Mask and Environmental Protection Equipment. As a result, there is a growing trend towards using surfactants that are derived from natural or renewable sources are biodegradable. Linear Alkyl Benzene (LAB) is a key raw material used in the production of Linear Alkyl Benzene Sulfonates (LAS), which are the most widely used surfactants in household and industrial cleaning products. Linear Alkyl Benzene Sulfonates (LAS) is preferred over other surfactants due to its excellent cleaning properties, low cost, and biodegradability and is further facilitated the growth of Linear Alkyl Benzene (LAB) Market.

Growing population and urbanization

Linear Alkyl Benzene (LAB) is primarily used in the production of biodegradable detergents and cleaners. As the global population continues to grow, the demand for detergents and cleaners is increasing, which in turn is driving the demand for LAB. In addition, urbanization is also contributing to the growth of the LAB market, as more people move to cities and consume more detergents and cleaners.

Restrains:

Linear Alkyl Benzene (LAB) is a flammable substance and should be handled with care to avoid fire hazards. Appropriate safety measures should be put in place when storing and handling Linear Alkyl Benzene (LAB) to prevent accidents. Workers who are exposed to LAB during its production or use may be at risk of respiratory problems. Prolonged exposure to LAB fumes can irritate the respiratory system, leading to coughing, wheezing, and shortness of breath. Adequate ventilation and respiratory protection should be provided to workers to minimize their exposure to Linear Alkyl Benzene (LAB), these restrained Linear Alkyl Benzene (LAB) Market growth.

Global Linear Alkyl Benzene LAB Segmentations & Regional Insights

Linear Alkyl Benzene (LAB) Market is segmented based on Type, Application and Region.

Type Insight

  • On the basis of Type, Linear Alkyl Benzene (LAB) Market is segmented into Surfactants, and Non-Surfactants. Surfactants type is expected to dominate the target market growth Linear Alkyl Benzene (LAB) is the primary feedstock for the production of linear alkylbenzene sulfonate (LAS), which is a surfactant used in a wide range of cleaning and detergent products, including laundry detergents, dishwashing liquids, and industrial cleaners.

Application Insights

  • On the basis of Application, Linear Alkyl Benzene (LAB) Market is segmented into Household, Commercial, and Industry.  Household are expected to dominate the target market growth as LAB is used as a key ingredient in the production of biodegradable detergents and cleaners, which are widely used in households Laundromats. The demand for LAB in these sectors is primarily driven by population growth, urbanization, and increased awareness of environmental issues, which has led to a preference for more sustainable and eco-friendly cleaning products.

Regional Insights:

  • On the basis of region the Linear Alkyl Benzene (LAB) Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is estimated to witness a significantly high revenue in the Linear Alkyl Benzene (LAB) market. The region is the largest consumer of Linear Alkyl Benzene (LAB) globally, driven by the increasing population and urbanization in countries such as China and India.

Linear Alkyl Benzene (LAB) Market Report Scope:

Attribute

Details

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Type - Surfactants and Non-Surfactants

By Application - Household, Commercial and Industry

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Linear Alkyl Benzene (LAB) Market report based on Type, Application and Region:

Linear Alkyl Benzene (LAB) Market, By Type:

  • Surfactants
  • Non-Surfactants

Linear Alkyl Benzene (LAB) Market, By Application:

  • Household
  • Commercial
  • Industry

Linear Alkyl Benzene (LAB) Market, By Region:

  • North America
    • Middle East & Africa
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
    • Latin America
        • Brazil
        • Mexico
        • Rest of Latin America
    • Asia Pacific
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Europe
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
      • U.S.
      • Canada

Global Linear Alkyl Benzene LAB Competitive Landscape & Key Players

The key players operating the Linear Alkyl Benzene (LAB) Market includes, CEPSA Quimica S.A., Deten Quimica S.A., Fushun Petrochemical Company, Chevron Phillips Chemicals, Honeywell International Inc., Arabian Petrochemical Company, Huntsman Corporation, Reliance Industries Limited and Petrochemicals Pvt. Ltd.

Global Linear Alkyl Benzene LAB Recent News

  • In October 2022, Unilever purchases the world’s first Linear Alkyl Benzene (LAB) surfactant which is made from renewable carbon. This surfactant is created using green carbon obtained from biomass and is referred to as NextLab linear alkylbenzene (LAB). It offers the same qualities and cleaning effectiveness as LAB made from black carbon and is sustainable and biodegradable.
  • In May 2021, Cepsa launched its Linear Alkylbenzene (LAB) plant in the world to replace hydrofluoric acid (HF) technology with Detal technology, a safer, and more efficient and sustainable process. This minimises the inefficient use of electricity and raw materials, lowers emissions, and produces 1,100 tonnes less garbage annually.

Global Linear Alkyl Benzene LAB Company Profile

  • CEPSA Quimica S.A.*
  •  Deten Quimica S.A.
  • Fushun Petrochemical Company
  • Chevron Phillips Chemicals
  • Honeywell International Inc.
  • Arabian Petrochemical Company
  • Huntsman Corporation
  • Reliance Industries Limited
  • Petrochemicals Pvt. Ltd.
  • EMAK Elevator 

FAQs

The Linear Alkyl Benzene (LAB) Market is segmented into Type, Application and Region.

Linear Alkyl Benzene (LAB) Market is driven by factors like rising demand for biodegradable and eco-friendly surfactants

By region, the Linear Alkyl Benzene (LAB) market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is estimated to witness a significantly high revenue share over the forecast period.

The key players operating the Linear Alkyl Benzene (LAB) Market includes, CEPSA Quimica S.A., Deten Quimica S.A., Fushun Petrochemical Company, Chevron Phillips Chemicals, Honeywell International Inc., Arabian Petrochemical Company, Huntsman Corporation, Reliance Industries Limited and Petrochemicals Pvt. Ltd.

Linear Alkyl Benzene (LAB) Market accounted for US$ 9.64 billion in 2022 and is estimated to be US$ 14.88 billion by 2032 and is anticipated to register a CAGR of 4.5%.