What is the current size and annual growth rate of the linear alkyl benzene market?
The linear alkyl benzene market size has grown strongly in recent years. It will grow from $9.77 billion in 2024 to $10.26 billion in 2025 at a compound annual growth rate (CAGR) of 5.0%. The growth in the historic period can be attributed to rising demand for the lab in detergents and cleaning products, increasing industrial applications of the lab as a surfactant, growing adoption of the lab in the production of biodegradable detergents, rising consumer preference for environmentally friendly products and increasing production capacities and technological advancements in lab manufacturing.
The linear alkyl benzene market size is expected to see steady growth in the next few years. It will grow to $12.35 billion in 2029 at a compound annual growth rate (CAGR) of 4.7%. The growth in the forecast period can be attributed to the growing emphasis on sustainability and eco-friendly products, increasing demand from emerging economies for cleaning products, expansion of the automotive and industrial sectors, advancements in lab production technology and efficiency and rising awareness and regulatory support for green chemicals. Major trends in the forecast period include a shift towards bio-based labs and sustainable production practices, growth in the use of labs in high-performance cleaning formulations, increased focus on product innovation and differentiation, expansion of lab applications in emerging markets, and development of new manufacturing technologies to reduce environmental impact.
Get Your Free Sample of The Global Linear Alkyl Benzene Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=19107&type=smp
Which major factors have contributed to the expansion of the linear alkyl benzene market?
The rising need for detergents and surfactants is expected to propel the growth of the linear alkylbenzene market going forward. A detergent is a cleaning agent that removes dirt and grease from surfaces, typically made of surfactants. Surfactants are compounds that reduce the surface tension between liquids or between a liquid and a solid, aiding in the cleaning process by breaking down oils and dirt. There is a rising demand for detergents and surfactants due to several reasons, such as increased hygiene awareness, growing urbanization, rising disposable incomes, expansion of the global population, and the demand for more effective cleaning products in both household and industrial sectors. Linear alkylbenzene is widely used in detergents and surfactants as a key ingredient in the production of linear alkylbenzene sulfonate (LAS), a biodegradable and effective cleaning agent known for its strong degreasing and foaming properties. For instance, in June 2023, according to Procter & Gamble Company, a US-based consumer goods corporation, in 2023, net sales for fabric and home care products reached $28,371 million, a 3% increase from $27,556 million in 2022, with an 8% growth in organic sales. Therefore, the rising need for detergents and surfactants is driving the growth of the linear alkylbenzene market.
How is the linear alkyl benzene market segmented?
The linear alkyl benzenemarket covered in this report is segmented –
1) By Type: C10-C13, C14-C17, Other Types
2) By Sales Channel: Direct Sale, Indirect Sale
3) By Application: Linear Alkylbenzene Sulfonates, Other Applications
4) By End-Use: Homecare, Industrial And Institutional Cleaning, Other End-Users
Subsegments:
1) By C10-C13: C10 Linear Alkyl Benzene, C11 Linear Alkyl Benzene, C12 Linear Alkyl Benzene, C13 Linear Alkyl Benzene
2) By C14-C17: C14 Linear Alkyl Benzene, C15 Linear Alkyl Benzene, C16 Linear Alkyl Benzene, C17 Linear Alkyl Benzene
3) By Other Types: C9 Linear Alkyl Benzene, C18 And Above Linear Alkyl Benzene, Blended Linear Alkyl Benzene
Order your report now for swift delivery
https://www.thebusinessresearchcompany.com/report/linear-alkyl-benzene-global-market-report
Who are the top competitors in the linear alkyl benzene market?
Major companies operating in the linear alkyl benzene market are Reliance Industries Limited, Mitsui Bussan, Indian Oil Corporation Limited, BASF SE, Saudi Basic Industries Corporation, LG Chem, Cepsa Chemicals, INEOS Group, Evonik Industries, Thai Oil, Chevron Phillips Chemical Company, Ecolab Inc., Kao Chemicals, S&P Global, Eastman Chemical Company, Huntsman Corporation, Clariant International Ltd., KLK Oleo, QatarEnergy, Haldia Petrochemicals Limited, Sasol Limited, Royal Global Energy, Chemstock
Which key trends are expected to influence the linear alkyl benzene market in the coming years?
Major companies operating in the linear alkyl benzene market are focusing on technologically advanced products, such as sustainable LAB variants, to gain a competitive edge. Sustainable linear alkyl benzene products aim to reduce the carbon footprint and utilize renewable raw materials, catering to the growing demand for environmentally friendly solutions in the homecare industry. For instance, in January 2023, Cepsa Química, a Spain-based chemical company, introduced NextLab, the world’s first sustainable linear alkyl benzene (LAB). This new product family, designed for the homecare sector, boasts key features such as lower greenhouse gas emissions and the use of renewable raw materials while maintaining the same performance as traditional linear alkyl benzene (LAB). NextLab offers three main variants, including NextLab-R, produced from renewable resources, and NextLab-Low Carbon, which utilizes alternative energy sources during production.
Which regional trends are influencing the linear alkyl benzene market, and which area dominates the industry?
Asia-Pacific was the largest region in the linear alkyl benzene market in 2024. The regions covered in the linear alkyl benzene market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Linear Alkyl Benzene Market Report 2025 Offer?
The linear alkyl benzene market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Linear alkyl benzene (LAB) is an organic compound that is generally produced as an intermediate while producing surfactants that are used in detergents. Linear alkenes are produced by dehydrogenation of hydrotreated kerosene and high-purity linear paraffin or by partial polymerization of ethylene, which is supplementary reacted with benzene in the presence of a catalyst to produce linear alkyl benzenes.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=19107
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model