Linear Alkyl Benzene Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Linear Alkyl Benzene Industry is Segmented by Application (Surfactants (Linear Alkylbenzene Sulfonate (LAS)), Other Applications), and Geography (Asia-Pacific, North America, Europe, South America, Middle East and Africa). The report offers size and forecasts for the linear alkyl benzene (LAB) market in volume in kilotons for the above segments.

Linear Alkyl Benzene Market Size

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Linear Alkyl Benzene (LAB) Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR < 3.00 %
Fastest Growing Market Asia-Pacific
Largest Market Asia-Pacific
Market Concentration Low

Major Players

Linear Alkyl Benzene (LAB) Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Linear Alkyl Benzene Market Analysis

The linear alkyl benzene (LAB) market is expected to register a CAGR of less than 3% during the forecast period.

In 2020, the market was negatively impacted by the COVID-19 pandemic due to the disruption in supply chains, closures of various institutions/offices, and others. However, the demand for LAB has increased from housecleaning products, considering the increased awareness of cleanliness and hygiene. The market recovered significantly in 2021, and it is expected to grow with the pre-COVID rate during the forecast period.

  • Over the medium term, the growing demand for linear alkyl benzene sulfonic acid from the detergent and cleaning industry is boosting the demand for the market studied.
  • On the other side, increasing concerns over health issues and environmental regulations and the emergence of substitutes are expected to hinder market growth.
  • The growing demand for bio-based LAB is likely to act as an opportunity for the market studied, during the forecast period.
  • The Asia-Pacific region is expected to dominate the market and is also likely to witness the highest CAGR during the forecast period.

Linear Alkyl Benzene Market Trends

Laundry Detergents Segment to Dominate the Market

  • Linear alkylbenzene is used to manufacture linear alkyl benzene sulphonates (LAS) commercially. These are cytotoxic synthetic anionic surfactants used to produce laundry detergents.
  • When dissolved in water, these anionic surfactants form anions with a negative charge on the hydrophilic part of the surfactant.
  • Laundry detergents containing LAS form a lot of foam when mixed and are most effective at removing oily and greasy stains.
  • Countries such as India, China, Japan, etc., are the leading manufacturers of laundry detergents.
  • For instance, in recent times, India has been 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 the growing usage of soaps and detergents, have led to the growth of the manufacturing industry, which is further boosting the demand for LABS in the country.
  • According to the METI (Japan), the production volume of laundry detergent powders in Japan accounted for 124.49 kilotons in 2021, compared to 132.79 kilotons in the previous year.
  • Furthermore, the US detergent industry includes around 630 establishments (single- and multi-location companies), with a combined annual revenue of about USD 25 billion.
  • Laundry is a part of the daily routine in many European households. Laundromats are a more popular option for countries in western European countries compared to countries in eastern Europe.
  • Individual households, laundromats, and hotels generate most of the demand for laundry detergents in European and CIS countries.
  • All the abovementioned factors are likely to increase the demand for linear alkylbenzene sulfonate over the forecast period.
Linear Alkyl Benzene (LAB) Market - Production Volume of Laundry Detergent Powders, in Kilotons, Japan, 2017-2021

Asia-Pacific Region to Dominate the Market

  • The Asia-Pacific region dominated the global market share as the increasing need for cleaners in countries such as China, India, and Japan supported using linear alkylbenzene in the region.
  • The market for soap, washing powder, and synthetic detergent in China has grown at an average annual rate of over 13% in the past five years due to increasing awareness about hygiene and development in the liquid soap segment. The growing consumption of industrial cleaners in the country, supported by rapid growth in the industrial segment, is expected to drive the market for linear alkyl benzene over the forecast period.
  • A growing number of consumers is stimulating the demand for personal care products, which, in turn, is driving the linear alkylbenzene (LAB) market in India.
  • According to the Chemical and Petrochemical Manufacturers Association (CPMA), India, the annual production capacity of Linear Alkyl Benzene (LAB) in the country was about 550 kilotons in FY2020-21, which is further anticipated to increase in the forecast period.
  • According to the Department of Chemicals and Petrochemicals (India), the production volume of synthetic detergent intermediates accounted for 736.44 kilotons in 2021, compared to 714.68 kilotons in 2020.
  • According to the METI (Japan), the sales volume of dishwashing detergents in Japan accounted for 255.44 kilotons in 2021, compared to 253.02 kilotons in 2020.
  • The abovementioned factors are expected to contribute to the increased demand for linear alkyl benzene (LAB) in the region during the forecast period.
Linear Alkyl Benzene (LAB) Market - Growth Rate by Region, 2022-2027

Linear Alkyl Benzene Industry Overview

The linear alkyl benzene (LAB) market is fragmented in terms of production capacity. The major companies (not in any particular order) in the market include Cepsa, Sasol Limited, Indorama Ventures Public Company Limited, Ho Tung Chemical Corp., and ISU Chemical, among others.

Linear Alkyl Benzene Market Leaders

  1. Ho Tung Chemical Corp.

  2. Cepsa

  3. Indorama Ventures Public Company Limited

  4. ISU CHEMICAL

  5. Sasol Limited

*Disclaimer: Major Players sorted in no particular order

Linear Alkyl Benzene (LAB) Market Concentration
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Linear Alkyl Benzene Market News

  • August 2022: Cepsa supplied the first batch of NextLab (Linear alkyl Benzene) to Unilever for linear alkylbenzene sulphonate (LAS)-based surfactant manufacturing. NextLab is the first linear alkylbenzene (LAB) to be both renewable and biodegradable as an alternative to the traditional fossil LAB.
  • April 2022: Cepsa introduced NextLAB, a sustainable linear alkyl benzene made from renewable and recycled raw materials. NextLAB is mainly used to produce biodegradable household laundry and cleaning products.

Linear Alkyl Benzene Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Growing Demand for Linear Alkyl Benzene Sulfonic Acid from the Detergent and Cleaning Industry

      2. 4.1.2 Other Drivers

    2. 4.2 Restraints

      1. 4.2.1 Increasing Concerns Over Health Issues and Environmental Regulations

      2. 4.2.2 Emergence of Substitutes

    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 Buyers

      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

    6. 4.6 Technological Snapshot

    7. 4.7 Trade Analysis

    8. 4.8 Price Analysis

  5. 5. MARKET SEGMENTATION (Market Size in Volume)

    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 (Solvents and Paints)

    2. 5.2 By Geography

      1. 5.2.1 Asia-Pacific

        1. 5.2.1.1 China

        2. 5.2.1.2 India

        3. 5.2.1.3 Japan

        4. 5.2.1.4 South Korea

        5. 5.2.1.5 Rest of Asia-Pacific

      2. 5.2.2 North America

        1. 5.2.2.1 United States

        2. 5.2.2.2 Canada

        3. 5.2.2.3 Mexico

      3. 5.2.3 Europe

        1. 5.2.3.1 Germany

        2. 5.2.3.2 United Kingdom

        3. 5.2.3.3 Italy

        4. 5.2.3.4 France

        5. 5.2.3.5 Spain

        6. 5.2.3.6 Rest of Europe

      4. 5.2.4 South America

        1. 5.2.4.1 Brazil

        2. 5.2.4.2 Argentina

        3. 5.2.4.3 Rest of South America

      5. 5.2.5 Middle East and Africa

        1. 5.2.5.1 Saudi Arabia

        2. 5.2.5.2 South Africa

        3. 5.2.5.3 Rest of Middle East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers, 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

      2. 6.4.2 Farabi Petrochemicals Co.

      3. 6.4.3 FORMOSAN UNION CHEMICAL CORP.

      4. 6.4.4 Ho Tung Chemical Corp.

      5. 6.4.5 Indian Oil Corporation Ltd

      6. 6.4.6 Indorama Ventures Public Company Limited

      7. 6.4.7 ISU CHEMICAL

      8. 6.4.8 Jingtung Petrochemical Corp. Ltd

      9. 6.4.9 LLC Kinef

      10. 6.4.10 NIRMA

      11. 6.4.11 Reliance Industries Limited

      12. 6.4.12 S.B.K HOLDING

      13. 6.4.13 Sasol Limited

      14. 6.4.14 Tamilnadu Petroproducts Limited

      15. 6.4.15 Thaioil Group (LABIX)

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

    1. 7.1 Growing Demand for Bio-based LAB

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Linear Alkyl Benzene Industry Segmentation

Linear alkylbenzene (LAB) is a cost-effective and biodegradable intermediate in producing detergents and surfactants. LAB with appropriate chain length is predominantly used as a raw material in the manufacture of Linear Alkyl Benzene Sulphonic Acid (LABSA) by reaction with sulfuric acid in the liquid phase or by sulfur trioxide in the gaseous phase.

The linear alkyl Benzene (LAB) market is segmented by Application (Surfactants (Linear Alkylbenzene Sulfonate (LAS)), Other Applications), and Geography (Asia-Pacific, North America, Europe, South America, Middle East and Africa). The report also covers the size and forecasts for the linear alkyl benzene (LAB) market in 16 countries across major regions. For each segment, the market sizing and forecasts have been done in terms of volume in kilotons.

By Application
Surfactants
Linear Alkylbenzene Sulfonate (LAS)
Other Applications (Solvents and Paints)
By Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
Italy
France
Spain
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle East and Africa
Saudi Arabia
South Africa
Rest of Middle East and Africa
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Linear Alkyl Benzene Market Research FAQs

The Linear Alkyl Benzene (LAB) Market is projected to register a CAGR of less than 3% during the forecast period (2024-2029)

Ho Tung Chemical Corp., Cepsa, Indorama Ventures Public Company Limited, ISU CHEMICAL and Sasol Limited are the major companies operating in the Linear Alkyl Benzene (LAB) Market.

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

In 2024, the Asia-Pacific accounts for the largest market share in Linear Alkyl Benzene (LAB) Market.

The report covers the Linear Alkyl Benzene (LAB) Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Linear Alkyl Benzene (LAB) Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

The key factors driving the growth of the global Linear Alkyl Benzene Market are a) Rising demand for household and industrial cleaners b) Increasing consumer spending, and the shift towards liquid-based detergent products c) Advancements in production technologies and the development of bio-based alternatives

Linear Alkyl Benzene Industry Report

The linear alkyl benzene (LAB) market is poised for significant growth, driven by rising demand in household and industrial cleaning applications. The market is segmented primarily into linear alkylbenzene sulfonates (LAS) and other applications, with LAS holding the largest share due to its cost-effectiveness and ease of processing in powder form. However, the increasing preference for liquid detergents, which offer higher surfactant levels per wash load, is expected to influence market dynamics. The industry is also seeing a shift towards bio-based alternatives to enhance sustainability, with major chemical manufacturers forming joint ventures and collaborations to develop these eco-friendly options. The linear alkyl benzene market's growth is further supported by trends in the fast-moving consumer goods (FMCG) sector, particularly in regions with high demand for personal care and cleaning products. Comprehensive linear alkyl benzene market analysis indicates that the linear alkyl benzene industry is evolving rapidly, with significant market share being captured by innovative and sustainable solutions. Statistics for the linear alkyl benzene (LAB) market share, size, and revenue growth rate are provided by Mordor Intelligence™ Industry Reports. This analysis includes a market forecast outlook and a historical overview. Get a sample of this industry analysis as a free report PDF download.

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Linear Alkyl Benzene Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)