LINEAR ALKYLBENZENE SULFONATE (LAS) MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 to 2031)

Linear alkylbenzene sulfonate (LAS) is an anionic surfactant obtained by sulfonation of linear alkylbenzene. It is used in detergents, soaps, and industrial cleaning products as wetting agents and emulsifiers. Linear alkylbenzene sulfonate is cost-effective, biodegradable, and offers an excellent dissolution rate. Growing demand for biodegradable surfactants in dishwashers, laundry, all-purpose cleaners, floor cleaners, hard surface cleaners, wax strippers, dairy cleaners, degreasers, and car wash is driving the growth of the linear alkylbenzene sulfonate market. The availability of substitutes such as Alcohol Ether Sulfates (AES) for linear alkylbenzene sulfonate is one of the major restraints for the growth of the linear alkylbenzene sulfonate market.

Market Dynamics

Among applications, the household detergents and cleaners segment accounted for the highest share in 2021. This is due to the increasing utilization of LAS as a surfactant in detergents and cleaning products due to its biodegradable and environment-friendly properties. Asia Pacific holds the largest LAS market, followed by North America and Europe. Asia Pacific accounted for 42.36% market share in 2021 due to the growing demand for detergents, cleaning products, and personal care products, especially in emerging economies such as China, India, and Indonesia. According to International Trade Association, Department of Commerce, U.S., the domestic sale of personal care products and cosmetic products. This growth is expected to increase the demand for LAS in the personal care products segment in this region.

Key features of the study:

• This report provides an in-depth analysis of the Linear Alkylbenzenes Sulfonate market, market size (US$ Billion & kilo tones), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2022 – 2030), considering 2021 as the base year and 2017 as historical information
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
• It profiles leading players in the global Linear alkylbenzene sulfonate market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include BASF SE, Clariant Corporation, Croda International Plc, DowDuPont Inc., Evonik Corporation, Henkel AG & Co. KGaA, Huntsman Corporation, Galaxy Surfactants Ltd., Stepan Company, and Solvay S.A.
• Insights from this report would allow marketers and the management authorities of the companies to make an informed decision regarding their future product launches, market expansion, and marketing tactics
• The global LAS market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Linear Alkylbenzene Sulfonate (LAS) market

Detailed Segmentation:

• Global Linear Alkylbenzene Sulfonate (LAS) market, By Application:
  • Household Detergents and Cleaners
  • Dish Washing Liquids
  • Personal Care Products
  • Industrial Cleaners
  • Others
• Global Linear Alkylbenzene Sulfonate (LAS) market, By Region:
  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Italy
    • France
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East
    • GCC
    • Israel
    • Rest of Middle East
  • Africa
    • Northern Africa
    • Central Africa
    • South Africa
• Company Profiles
  • BASF SE *
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments
    • Future Plans
  • Clariant Corporation
  • Croda International Plc
  • Huntsman Corporation
  • Stepan Company
  • Henkel AG & Co. KGaA
  • Galaxy Surfactants Ltd.
  • Evonik Corporation
  • Solvay S.A.
  • DowDuPont Inc.