Linear Alkyl Benzene (LAB) Market - Growth, Trends, and Forecast (2020 - 2025)

The market is segmented by Application (Surfactants and Other Applications), by End-user Industry (Laundry Detergents, Light-duty Dishwashing Liquids, Industrial Cleaners, Household Cleaners, and Other End-user Industries), and Geography (Asia-Pacific, North America, Europe, South America, and Middle East & Africa).

Market Snapshot

Study Period:

2016-2025

Base Year:

2019

Fastest Growing Market:

Asia Pacific

Largest Market:

Asia Pacific

CAGR:

3 %

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Market Overview

The market for linear alkylbenzene (LAB) is expected to register a CAGR of around 3% during the forecast period. Major factors driving the market studied are the rise in demand for cleaners and increased shale gas production. However, increasing focus on environmental regulations is expected to hinder the growth of the market studied.

  • 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.
  • The growing personal care industry in Asia-Pacific is likely to act as an opportunity in the future.
  • Asia-Pacific dominated the market across the world, with the largest consumption from the countries, such as China and India.

Scope of the Report

The linear alkyl benzene (LAB) market report includes:

By Application
Surfactants
Linear Alkylbenzene Sulfonate (LAS)
Other Applications
By End-user Industry
Laundry Detergents
Light-duty Dishwashing Liquids
Industrial Cleaners
Household Cleaners
Other End-user Industries
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Rest of North America
Europe
Germany
United Kingdom
Italy
France
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

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Key Market Trends

Laundry Detergents to Dominate the 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. LABS also enjoys 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.
  • Major detergent manufacturers prefer using LABS, owing to its cost-performance ratio and versatility nature. LABS is also considered as one of the safest anionic surfactants from human health and environmental point of view.
  • Countries such as India, China,etc., are the leading manufacturer of laundry detergent.
  • For instance, in recent times, 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 for LABS in the country.
  • Furthermore, the detergent industry of the United States includes around 630 establishments (single- and multi-location companies), with combined annual revenue of about USD 25 billion.
  • In Germany the market for the soap and detergent manufacturing industry is dynamic, and the industry is known for strong product innovation, as the manufacturers compete to retain consumer interest.
  • All the aforementioned factors are likely to increase the demand for linear alkylbenzene sulfonate over the forecast period.

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Asia-Pacific Region to Dominate the Market

  • Asia-Pacific region dominated the global market share and is likely to continue its dominance during the forecast period. With the growing personal care industry and increasing need for cleaners in countries, such as China, India, and Japan, the usage of linear alkylbenzene is increasing in the region.
  • The market for the soap, washing powder and synthetic detergent industry in China has grown at an average annual rate of more than 10%, in the past six years, 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. The beauty sector in the country has witnessed an average growth of over 5% in the past 10 years.
  • Likewise, growing consumerism is stimulating the demand for personal care products, which, in turn, is driving the linear alkylbenzene (LAB) market in India.
  • Today, India is one of the largest producers of soaps in the world. The per capita consumption of toilet/bathing soap in the country is around 800 grams. Around 65% of the Indian population resides in rural areas, and the increasing disposable incomes and growth in the rural markets are making the consumers shift to premium products.
  • The aforementioned factors are contributing to the increasing demand for linear alkyl benzene (LAB) consumption in the region, during the forecast period.

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Competitive Landscape

The market for linear alkylbenzene is consolidated in terms of production capacity. The top five players account for more than 40% of the global market share. The major companies include Cepsa Química Bécancour, Ho Tung chemicals, Sasol, Huntsman International LLC, and Reliance Industries Limited.

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Table Of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Rise in Demand for Cleaners

      2. 4.1.2 Increased Shale Gas Production to Augment the Market for LAB

    2. 4.2 Restraints

      1. 4.2.1 Increasing Focus on Environmental Regulations

    3. 4.3 Industry Value Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

    5. 4.5 Feedstock Analysis

      1. 4.5.1 Global Capacity by Key Feedstock

      2. 4.5.2 Trends

    6. 4.6 Technological Snapshot

      1. 4.6.1 Production Process

      2. 4.6.2 Technology Licensing and Patent Analysis

    7. 4.7 Trade Analysis

    8. 4.8 Price Index

    9. 4.9 Supply Scenario

      1. 4.9.1 Capacity and Production Analysis

    10. 4.10 Regulatory Policy Analysis

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Application

      1. 5.1.1 Surfactants

        1. 5.1.1.1 Linear Alkylbenzene Sulfonate (LAS)

      2. 5.1.2 Other Applications

    2. 5.2 By End-user Industry

      1. 5.2.1 Laundry Detergents

      2. 5.2.2 Light-duty Dishwashing Liquids

      3. 5.2.3 Industrial Cleaners

      4. 5.2.4 Household Cleaners

      5. 5.2.5 Other End-user Industries

    3. 5.3 Geography

      1. 5.3.1 Asia-Pacific

        1. 5.3.1.1 China

        2. 5.3.1.2 India

        3. 5.3.1.3 Japan

        4. 5.3.1.4 South Korea

        5. 5.3.1.5 Rest of Asia-Pacific

      2. 5.3.2 North America

        1. 5.3.2.1 United States

        2. 5.3.2.2 Canada

        3. 5.3.2.3 Mexico

        4. 5.3.2.4 Rest of North America

      3. 5.3.3 Europe

        1. 5.3.3.1 Germany

        2. 5.3.3.2 United Kingdom

        3. 5.3.3.3 Italy

        4. 5.3.3.4 France

        5. 5.3.3.5 Rest of Europe

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle East & Africa

        1. 5.3.5.1 Saudi Arabia

        2. 5.3.5.2 South Africa

        3. 5.3.5.3 Rest of Middle East & Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share Analysis**

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 Cepsa Quimica Becancour Inc. (Compania Espanola de Petroleos SAU)

      2. 6.4.2 Farabi Petrochemicals Co.

      3. 6.4.3 Formosan Union Chemical Corporation

      4. 6.4.4 HO TUNG CHEMICAL CORP.

      5. 6.4.5 Huntsman Corporation

      6. 6.4.6 Indian Oil Corporation Ltd

      7. 6.4.7 ISU CHEMICAL

      8. 6.4.8 Jingtung Petrochemical Corp. Ltd

      9. 6.4.9 JXTG Nippon Oil & Energy Corporation

      10. 6.4.10 NIRMA Ltd

      11. 6.4.11 Quimica Venoco

      12. 6.4.12 Reliance Industries Limited

      13. 6.4.13 SBK HOLDING

      14. 6.4.14 Sasol

      15. 6.4.15 Tamilnadu Petroproducts Ltd

  7. *List Not Exhaustive
  8. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Growing Personal Care Industry in Asia-Pacific

** Subject to Availability

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