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.
