Lucintel Forecasts Alkylbenzene Sulfonate Market to Grow a CAGR of 4%-5%

According to the recent study the alkylbenzene sulfonate market is projected to grow at a CAGR of 4%-5% from 2020 to 2025. Growth in this market is primarily driven by increasing demand for detergents and cleaners and rising awareness regarding hygiene and personal health.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in alkylbenzene sulfonate market by application (personal care, household care, industrial cleaner, and others), product type (branched and linear alkylbenzene sulfonate), and region (North America, Europe, Asia Pacific, and Rest of the World).

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“Linear alkylbenzene sulfonate market is expected to remain the largest segment during the forecast period.”

Based on product type, the alkylbenzene sulfonate market is segmented into branched and linear alkylbenzene sulfonate. Lucintel forecasts that the linear alkylbenzene sulfonate is expected to witness the largest segment over the forecast period due to its excellent surfactant power, which has made them suitable for detergents, emulsifiers, and dispersing, wetting and foaming agent and stability in hard water as well as in low acidic and alkaline media.

“Within the alkylbenzene sulfonate market, the industrial cleaner segment is expected to remain the largest application.”

Based on application, the industrial cleaner segment is expected to witness the largest application over the forecast period due to increasing industrial manufacturing process and heavy-duty soil removal process.

“Europe will dominate the alkylbenzene sulfonate market in near future.”

Europe is expected to be the largest region over the forecast period due to increasing demand for cleaners and household detergents as well as for dishwashing cleaners.

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Major players of alkylbenzene sulfonate market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Kao Corporation, Pilot Chemical, BASF, Chevron Phillips, Huntsman, Jin Tung Petrochemicals, Reliance Industries, CEPSA Quimica, Lion Specialty Chemicals and Croda are among the major Alkylbenzene sulfonate providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/alkylbenzene-sulfonate-market.aspx or helpdesk@lucintel.com.

About Lucintel

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Contact:
Brandon Fitzgerald
Lucintel
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Email: brandon.fitzgerald@lucintel.com
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