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Linear Alkyl Benzene Market to Expand at CAGR of 4.3% From 2012 to 2018

Linear Alkyl Benzene Market to Expand at CAGR of 4.3% From 2012 to 2018<br>

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Linear Alkyl Benzene Market to Expand at CAGR of 4.3% From 2012 to 2018

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  1. Linear Alkyl Benzene (LAB) Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018 ©2019 Transparency Market Research, All Rights Reserved

  2. Linear Alkyl Benzene (LAB) MarketOverview A new research report released by U.S.-based market intelligence firm Transparency Market Research analyzes the linear alkyl benzene market quantitatively and estimates that it will grow upon its 2011 market value of US$6,149 million at a steady CAGR of 4.3% from 2012 to 2018. According to volume, the global alkyl benzene market totaled 3,391.6 kilotons in 2011.  Linear alkyl benzene is an important component in the production of linear alkylbenzene sulfonate, which is used to produce detergents. Production of linear alkylbenzene sulfonates takes up a major share of the global linear alkyl benzene market. The applications of linear alkylbenzenene sulfonate are further divided into five subcategories: heavy-duty laundry liquids, light-duty dishwashing liquids, laundry powders, industrial cleaners, and other generic household cleaners. The first category, heavy-duty laundry liquids, is widely prevalent, and thus demands the highest share of the global linear alkyl benzene market. Due to growing development and affluence in large tracts of the world, household liquids are expected to be the fastest growing category in the linear alkyl benzene market. View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved

  3. Apart from the manufacture of linear alkylbenzene sulfonate, linear alkyl benzene is also used in other applications such as ink solvents, herbicides, electric cable oil, paints, etc., on a smaller scale. The rising demand for cleaners is the major driver of the linear alkyl benzene market. Increasing environmental regulations will help the market, since linear alkyl benzene is easily biodegradable and is not a serious health threat. Due to this, the category of industrial cleaners is also expected to enjoy a high CAGR during the report’s forecast period. The global linear alkyl benzene market is divided into five regional submarkets: North America, Latin America, Europe, Asia Pacific, and Rest of World. The growing economies of countries such as China and India made Asia Pacific the dominant region in the 2011 market. Similar growth in Latin American countries such as Brazil is expected to make Asia Pacific and Latin America the fastest growing regional submarkets for linear alkyl benzene, with the former shading the latter.  The linear alkyl benzene market is fragmented, due to the multitude of regional manufacturers. However, dominant multinational corporations accounted for about 50% of the 2011 market; Sasol, based in South Africa, is the global leader with a market share of 9%.

  4. Key Players in Market: Huntsman Performance Products, JinTung Petrochemicals, CEPSA Quimica, Chevron Phillips Chemical Industry,

  5. About Us Transparency Market Research (TMR) is a market intelligence company, providing North America business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision-makers. We have an experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Each TMR Syndicated Research report covers a different sector—such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods, and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With a wider scope and stratified research methodology, our syndicated reports strive to serve clients and satisfy their overall research requirement.

  6. To know more about us, please visit our website: www.transparencymarketresearch.com For sales queries or new topics email us on: sales@transparencymarketresearch.com For other queries contact:Nachiket Ghumare (Senior Business Development Manager) 90 State Street, Albany NY – 12207, United States Tel: +1-518-618-1030 Email: nachiket@transparencymarketresearch.com T H A N K Y O U

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