The market for Linear Alkylbenzene Sulfonate is expected to grow at a CAGR of 5% during the forecast period. Increasing demand for dishwashing liquids and growing prominence as a substitute for dodecylbenzene sulfonates owing to biodegradability are driving the market studied. On the flip side, the volatile prices of raw materials and the impact of COVID-19 on the market are hindering the growth of the market.

– Rise in demand for personal care products in developing countries is expected to offer various opportunities for the growth of the market studied in the near future.
– North America region accounts for the major share in the global linear alkylbenzene sulfonate with major consumption coming from countries such as the United States and Canada.

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Key Market Trends

Industrial Cleaners Application to Dominate the Market

– The most widely used categories of surfactants in industrial cleaning applications are linear alkylbenzene sulphonates (LAS), alkyl phenol ethoxylates (APE), and alkyl ethoxylate (AE); together they account for more than 50% of the total share.
– Industry cleaning activities generally include industrial manufacturing process and heavy-duty soil removal process.
– LAS surfactants in industry cleaning are used mainly as auxiliary cleaning agents, in which majority of the cleaning is done by other parameters, such as alkalinity, temperature, pressure of water, and chemical cleaning agents.
– LAS surfactants are included in industry cleaning for other purposes, such as foam control, bactericidal application, rinseability, and emulsification, among others.
– LAS surfactants are used in industry cleaning primarily for hard surface cleaning and metal cleaning.
– Industrial cleaning is the third-largest application segment for surfactants globally, and is expected to witness a steady growth rate over the forecast period.

North America Region to Dominate the Market

– North America region accounts for the major share in the global linear alkylbenzene sulfonate with major consumption coming from countries such as the United States and Canada.
– Owing to the growing personal care industry, the usage of surfactants has increased over the past few years, which is expected to further increase the demand for linear alkylbenzene sulfonate over the forecast period.
– The US soap and detergent industry include around 630 establishments (single- and multi-location companies), with combined annual revenue of about USD 25 billion.

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– The United States is the leading country in terms of revenue generated through the household cleaners segment. As per Mordor Intelligence estimates, the revenue in the household cleaners segment amounted to USD 5,610 million in the recent past. The growing household cleaners segment is one of the major growth drivers for the linear alkylbenzene sulfonate market in the country.
– In the laundry care segment, technological innovations, most notably in liquid tablet detergents and scent boosters, continued to be the principal drivers for the US laundry care industry. Such innovations are further expected to boost the demand for linear alkylbenzene sulfonate in the coming years.
– Overall, the market for linear alkylbenzene sulfonate in the country is expected to grow substantially during the forecast period.

Competitive Landscape

Linear Alkylbenzene Sulphonates market is moderately consolidated with a few players occupying a major share of the market. Some of the key players include BASF SE, Stepan Company, Hansa Group SA, Clariant, and Croda International Plc, among others.

1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Increasing Demand for Dish Washing Liquid in Asia-Pacific Region
4.1.2 Growing prominence as a substitute for Dodecylbenzene Sulfonates owing to Biodegradability
4.2 Restraints
4.2.1 Volatile Prices of Raw Materials
4.2.2 Impact of COVID-19 on the Market
4.3 Industry Value-Chain Analysis
4.4 Porters Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
4.5 Regulatory Policy Analysis

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