Saturday, 19 Oct 2019

Linear Alkyl Benzene Market Growth strategies and with Leading Key Players: SASOL, PT Unggul Indah Cahaya Tbk, Desmet Ballestra, Farabi Petrochemicals Co., S.B.K HOLDING

Linear Alkyl Benzene Market

To provide an absolute overview of the  industry, this Linear Alkyl Benzene market report covers various aspects of market analysis, product definition, market segmentation, key developments, and the existing vendor landscape. Linear Alkyl Benzene market research report conducts a precise analysis of current scenario of the market, which covers several market dynamics. This Linear Alkyl Benzene market report is built by chewing over several fragments of the present and upcoming market scenario because an utter way to forecast what future holds is to comprehend the trend today. This professional market report focuses on primary and secondary drivers, market share, market size, leading segments and geographical analysis.

Market Analysis: Global Linear Alkyl Benzene Market

Global linear alkyl benzene market is estimated to register a substantial CAGR of 6.5% in the forecast period of 2019-2026 due to biodegradable properties and government regulations regarding environmental issue, rise in the demand of LAB in detergent industry and increase in the demand in personal care products.

Linear alkyl benzene is an organic compound with carbon range typically between 10 and 16. LAB is highly used in biodegradable detergents and produce as an intermediate during the production of surfactants. LAB has been supported by the government and accepted as a raw material industrially and domestically due to its environmental friendly properties. LAB acts as an intermediate for the production of other important chemical compounds such as linear alkyl benzene sulfonic acid (LABSA).

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Key Market Competitors/ Top key Players

Cepsa, Deten Quimica S.A., Chevron Phillips Chemical Company, Honeywell International Inc, Huntsman International LLC., Reliance Industries Limited, Jingtung Petrochemical Corp., Ltd, SASOL, PT Unggul Indah Cahaya Tbk, Desmet Ballestra, Farabi Petrochemicals Co., S.B.K HOLDING, Indian Oil Corporation Ltd, Qatar Petroleum, JXTG Nippon Oil & Energy Corporation, ISU Chemical and others

Market Drivers: Global Linear Alkyl Benzene Market

  • Biodegradable properties and government regulations regarding environmental issue may act as a catalyst for the market growth
  • Increase in the awareness among people regarding cleanliness would enhance the growth of the market
  • Rise in the demand of linear alkyl benzene (LAB) in detergent industry might accelerate the growth of the market
  • Increase in the demand in personal care products has driven the market growth

Market Restraints: Global Linear Alkyl Benzene Market

 

  • Fluctuations in the prices of raw material might as a restraint to growth of this market
  • Shifting preferences from powdered surfactants to liquids in heavy industry may hamper the market growth

Competitive Analysis: Global Linear Alkyl Benzene Market

Global linear alkyl benzene market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of linear alkyl benzene market for Global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Table Of Contents Global Linear Alkyl Benzene Market

  1. Introduction
  2. Market Segmentation
  3. Market Overview
  4. Executive Summary
  5. Premium Insights
  6. Global Linear Alkyl Benzene Market, By Product Type
  7. Global Linear Alkyl Benzene Market, By Application
  8. Global Linear Alkyl Benzene Market, By End Users
  9. Global Linear Alkyl Benzene Market, By Geography
  10. Global Linear Alkyl Benzene Market, Company Landscape
  11. Company Profiles
  12. Related Reports

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Segmentation: Global Linear Alkyl Benzene Market

By Application

(Surfactants, Non-Surfactants)

End User

(Laundry Powder, Heavy-Duty Laundry Liquid, Light-Duty Dish Washing Liquid, Household Cleaner, Industrial Cleaner, Others)

Geography

(North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Key Developments in the Market: Global Linear Alkyl Benzene Market

In January 2019, SEEF Limited, which is a subsidiary of United Development Company, is acquired by the Qatar Petroleum. The acquisition of linear alkyl benzene based SEEF Limited Company was the part of Qatar Petroleum Strategy. The acquisition would help them in achieving greater synergy and enhance their overall operations

In April 2016, Thai Oil, which is Thailand’s top refinery, announced that they have built an alkyl benzene plant and started operations for the same in the company. The aim behind setting of new plant was to boost the demand of alkyl benzene in the market

Key Insights in the report: Global Linear Alkyl Benzene Market

Complete and distinct analysis of the market drivers and restraints

Key market players involved in this industry

Detailed analysis of the market segmentation

Competitive analysis of the key players involved

Key points to focus in the report: Global Linear Alkyl Benzene Market

  1. Key trends in the market place
  2. Major players and brands
  3. Drivers and restrains of the market
  4. Major players and brands
  5. Historical and current market size and projection up to 2026.

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