Linear Alkylbenzene Sulfonate Market Analysis | 2024-2030

Linear Alkylbenzene Sulfonate Market Analysis | 2024-2030

Linear Alkylbenzene Sulfonate Market Analysis | 2024-2030
Report code - SR2383 Delivery - 2 Weeks
Linear Alkylbenzene Sulfonate Market Size, Share, Trends, Dynamics, Forecast, & Growth See more...

Market Insights

The linear alkylbenzene sulfonate market was estimated at USD 8.3 billion in 2023 and is likely to grow at a CAGR of 4.56% during 2024-2030 to reach USD 11.37 billion in 2030.

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Market Dynamics

Introduction

Linear alkylbenzene sulfonate (LAS) is a cytotoxic synthetic anionic surfactant that is widely present in the environment due to its large-scale production and extensive use in the detergency field. Linear alkylbenzene sulfonates (LASs) are among the most common anionic surfactants found in detergents such as laundry powders and dishwashing liquids. LAS is used in a variety of products, including heavy-duty laundry liquids, light-duty dishwashing liquids, laundry powders, and industrial and household cleaners. Heavy-duty laundry liquids are primarily used in commercial laundry and are the most common application segment for LAS.

Market Drivers

Growing public awareness of cleaning and hygiene products is predicted to drive up demand for linear alkyl benzene (LAB). The market will grow as detergent and other cleaning product sales increase. The market for linear alkyl benzene is expected to rise during the forecast period because to the rising demand for bio-based LAB products as well as the increased output of petrochemicals and petroleum.
Following the post-pandemic era, rapidization and the removal of trade barriers are anticipated to accelerate market expansion. Furthermore, research has shown that businesses that prioritize hygiene and cleanliness at work are seeing faster revenue growth, which supports the linear alkyl benzene market.

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Key Players

The market is highly populated with the presence of several local, regional, and global players. Most of the major players compete in some of the governing factors including price, product offerings, regional presence, etc.

The following are the key players in the linear alkylbenzene sulfonate market:

Note: The above list does not necessarily include all the top players in the market.

Are you the leading player in this market? We would love to include your name. Write to us at sales@stratviewresearch.com

Segment Analysis

Segmentations

List of Sub-Segments

Segments with High Growth Opportunity

Application-Type Analysis

Household Detergents and Cleaners, Industrial Cleaners, Personal Care Products, and Other Applications

Household cleaners and detergents are the dominating segments in the market during the forecast period.

Regional Analysis

North America, Europe, Asia-Pacific, and Rest of the World

North America is expected to remain the largest market during the forecast period.

By Application Type

"Household cleaners and detergents are the dominating segments in the market during the forecast period"

Based on the application type, the linear alkylbenzene sulfonate market is segmented into household detergents and cleaners, industrial cleaners, personal care products, and other applications. Household cleaners and detergents are the dominating segments due to the increased demand for household cleaning products, disinfectants, and sanitizers.   

Regional Analysis

"North America is expected to remain the largest market during the forecast period"

In terms of regions, North America is expected to remain the largest market for linear alkylbenzene sulfonate during the forecast period due to increased disposable income and the growing personal care industry in the region.

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Research Methodology

  • This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s linear alkylbenzene sulfonate market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.
  • The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.
  • This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
  • More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis.
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
  • Market trend and forecast analysis.
  • Market segment trend and forecast.
  • Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
  • COVID-19 impact and its recovery curve
  • Attractive market segments and associated growth opportunities.
  • Emerging trends.
  • Strategic growth opportunities for the existing and new players.
  • Key success factors.

Market Segmentation

This report studies the market covering 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The linear alkylbenzene sulfonate market is segmented into the following categories:

By Application Type

  • Household Detergents and Cleaners 
  • Industrial Cleaners 
  • Personal Care Products 
  • Others 

By Region

  • North America (Country Analysis: The USA, Canada, and Mexico)
  • Europe (Country Analysis: Germany, France, The UK, Russia, and Rest of Europe)
  • Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
  • Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)

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Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

  • Detailed profiling of additional market players (up to three players)
  • SWOT analysis of key players (up to three players)

Competitive Benchmarking

Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com

Frequently Asked Questions (FAQ)

Linear alkylbenzene sulfonate (LAS) is a cytotoxic synthetic anionic surfactant that is widely present in the environment due to its large-scale production and extensive use in the detergency field. Linear alkylbenzene sulfonates (LASs) are among the most common anionic surfactants found in detergents such as laundry powders and dishwashing liquids. LAS is used in a variety of products, including heavy-duty laundry liquids, light-duty dishwashing liquids, laundry powders, and industrial and household cleaners. Heavy-duty laundry liquids are primarily used in commercial laundry and are the most common application segment for LAS.

The linear alkylbenzene sulfonate market was estimated at USD 8.3 billion in 2023.

Household cleaners and detergents are expected to dominate due to the growing demand for personal care industry.

The linear alkylbenzene sulfonate market is likely to reach USD 11.37 billion in 2030.

The linear alkylbenzene sulfonate market is likely to grow at a CAGR of 4.56% during 2024-2030.

Asia-Pacific is estimated to remain the fastest-growing market for linear alkylbenzene sulfonate in the foreseen future.

BASF SE, Stepan Company, Hansa Group ag, Clariant, and Croda International Plc among others are the leading players in the linear alkylbenzene sulfonate market.

The market for linear alkyl benzene is expected to rise during the forecast period because to the rising demand for bio-based LAB products as well as the increased output of petrochemicals and petroleum.

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