DUBLIN--(BUSINESS WIRE)--The "Linear Alkyl Benzene Market Size, Share & Trends Analysis Report By Application (Heavy Duty Laundry, Laundry Powders, Washing Liquids, Industrial Cleaners, Household Cleaners), And Segment Forecasts, 2012 - 2020" report has been added to ResearchAndMarkets.com's offering.
The global linear alkyl benzene (LAB) market size is expected to reach USD 9.27 billion by 2020, expanding at a CAGR of 4.6% during the forecast period.
Growing application of LAB as industrial cleaners owing to rapid industrialization in developing economies such as China, India, and Brazil. In addition, government regulations regarding restrictions on non-biodegradable materials are further providing a fillip to the market.
Increasing consumer spending coupled with flourishing cleaning industry is likely to fuel the demand over the next six years. Volatile raw material prices, however, are projected to act as a key challenge for market participants.
Also, consumers, particularly in developed countries, are becoming aware about adverse effects of using synthetic detergents on the environment and are looking out for bio-based alternatives.
Key Findings
- Heavy-duty laundry emerged as the leading application segment for LAS and accounted for 31.8% of total market volume in 2013.
- Growing preference towards liquids to powders in surfactants is expected to restrict the demand for LAS in heavy-duty laundry liquids in next six years.
- International players establish partnerships with local industry participants to increase regional foot prints in countries such as India and China.
Companies Profiled
- Sasol
- CEPSA Quimica S.A.
- Chevron Phillips Chemical
- Deten Quimica
- Fushun Petrochemicals
- Honeywell
- Huntsman Corporation
- ISU Chemical
- Jintung Petrochemical
- Reliance Aromatics & Petrochemicals Pvt. Ltd.
- Unggul Indah Cahaya
Key Topics Covered
Chapter 1 Executive Summary
Chapter 2 Linear Alkyl Benzene Industry Outlook
Chapter 3 LAB Application Outlook
Chapter 4 LAB Regional Outlook
Chapter 5 Linear Alkyl Benzene Competitive Landscape
Chapter 6 Methodology & Scope
For more information about this report visit https://www.researchandmarkets.com/research/3s6t66/the_global_linear?w=4
