Global Linear Alkyl Benzene (LAB) Market Report 2018 - 2025 Contact : sales@valuemarketresearch.com
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Global Linear Alkyl Benzene (LAB) Market According to the global Linear Alkyl Benzene (LAB) Market report published by Value Market Research, the market is expected to touch USD 10,825.5 Million by 2024, with a CAGR of 5.5% growing from USD 7,980.7 Million in 2017. This is a tailored made research service providing informative data and various critical aspects of the market such as market outlook, market share, growth, and trends. Further, the report also offers evidence-based information that helps to transform clients business and achieve their business goals. Moreover, the report also highlights the key strategy of top players. Additionally, this report covers a wide spectrum of services such as the latest technology trend, market opportunity analysis, and competitive landscape.
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Global Linear Alkyl Benzene (LAB) Market Dynamics The growing demand from the end users in the Asia Pacific market is driving the growth of the LAB market. Asia has emerged as a big consumer as well as a producer of LAB. This is due to its gradual shift towards synthetic detergents from soaps. The growth in the construction industry is another factor contributing to the development of this market. Increased demand for glass cleaners, rug cleaners, metal cleaners, home cleaners, and other industrial cleaners has been a propelling growth factor for LAB market. Owing to the high GDP growth rate and increase in disposable income of people in regions such as China, India, and Brazil, these developing regions are expected to be the major emerging segments in the LAB arena. Exponentially increasing population and growth in various industrial sectors have triggered the demand for cleaners used for various household and industrial purposes. LAS is a key derivative of LAB and is amongst the primary raw material used in the production of these cleaners. However, kerosene a derivative of crude oil is extensively used in the production of LAB. The volatile price of crude oil in the international market is a major restraint to this industry.
Browse Report with detailed TOC at @ https://www.valuemarketresearch.com/report/linear-alkyl-benzene -lab-market This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of linear alkyl benzene (LAB). Adding Value to Business
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Global Linear Alkyl Benzene (LAB) Market Segmentation
By Product
Linear Alkylbenzene Sulfonate (LAS) Other
By LAS (Application)
Heavy-Duty Laundry Liquid Laundry Powder Light-Duty Dishwashing Liquid Industrial Cleaner Household Cleaner
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Global Linear Alkyl Benzene (LAB) Market Key Players
Sasol CEPSA Quimica S.A. Chevron Phillips Chemical Deten Quimica Fushun Petrochemicals Honeywell Huntsman Corporation ISU Chemical Jintung Petrochemical Reliance Aromatics and Petrochemicals Pvt. Ltd Unggul Indah Cahaya.
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Global Linear Alkyl Benzene (LAB) Market Regional Analysis The report comprises of the geographical segmentation which mainly focuses on current and forecast demand for linear alkyl benzene (LAB) in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions. METHODOLOGY: A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.
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