Linear Alkyl Benzene Market Analysis, Market Size, Application Analys 2012 To 2020 | Page 2

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Several other LAB applications include emulsion polymerization, ink solvents, agriculture herbicides,
paint industry, as wetting agent and electric cable oil. Biodegradable nature of LAB is the most
important factor to drive the global market over the next five years. Several LAB derivatives such as LAS
also comprise biodegradability property which enhances their applications in various end-use industries
and to produce surfactants.
LAB is prominently used to manufacture house hold cleaners, light-duty and heavy laundry liquids,
laundry powders, industrial cleaners and light-duty dish washing liquids. Increasing demand for clean in
place materials in several industries is expected to foster the LAB market growth over the forecast
period. Technology advancement in developing new applications is anticipated to drive the market
growth over the foreseeable future. LAB market is classified into application segments as heavy duty
laundry liquid, laundry powder, light duty dish washer, industrial cleaners and house hold cleaners.
Heavy duty laundry liquid was leading the LAB market in terms of revenue as well as volume. Industrial
cleaners followed heavy duty laundry liquid and contributed to second major market segment. House
hold application market is anticipated to be the fastest growing market over the forecast period owing
to increasing awareness towards cleaning and health aspects. Rapid industrialization in emerging
economies is projected to bolster the market growth over the foreseeable future.
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Asia Pacific dominated the linear alkyl benzene market in terms of both revenue and volume in 2013
and is also expected to witness the fastest growth over the next five years. Increasing consumption and
growing industries in emerging countries in the region such as China and India are the major factors to
drive the growth. North America and Europe are anticipated to witness sluggish growth in the near
future on account of declination in application market.
However, the region is expected to sustain the market owing to favorable government regulations
regarding biodegradable products usage. Global linear alkyl benzene market is fairly fragmented due to
presence of large number of companies. Major market players include Chevron Phillips, Sasol, Unggul
Indah Cahaya, Reliance Aromatic and Petrochemicals Pvt. Ltd., ISU Chemicals, Honeywell and Huntsman
Corporation, Fushun Petrochemicals, Deten Quimica and Jintung Petrochemical. Sasol contributed
largest market share in terms of revenue and volumes in 2013.