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(IT-NEWSWIRE.COM, October 17, 2019 ) Market Overview:
Alkylbenzene sulfonate (ABS) refers to a family of branched-chain organic chemical compounds that were used as detergents. They are regarded as "hard" detergents due to their resistance to biological degradation. These are a class of anionic surfactants, consisting of a hydrophilic sulfonate head-group and a hydrophobic alkylbenzene tail-group. They are one of the oldest and most widely used synthetic detergents and found in numerous personal-care products like soaps, shampoos, toothpaste, etc. and household-care products such as laundry detergent, dishwashing liquid, spray cleaner, etc.
Market Dynamics:
Increasing demand for detergents and cleaners and rising awareness regarding hygiene and personal health are the major drivers impacting the growth of the market. Alkylbenzene sulfonate is majorly used in the detergents and cleaners, owing to its reasonable characteristics like outstanding foam generation, cleansing, and emulsifying capabilities.
Unstable prices of raw materials are the key restraint hindering the growth of the market worldwide.
Market Segmentation:
By type, the alkylbenzene sulfonate market is segmented into branched alkyl benzene sulfonates and linear alkylbenzene sulfonates. Linear alkylbenzene sulfonates (LAS) are prepared industrially by the sulfonation of linear alkylbenzenes (LABs), which can themselves be prepared in several ways.
By application, the Alkylbenzene Sulfonate market is segmented into personal care products, household care, and industrial cleaners.
Geographical Analysis:
By geography, the Market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and the Middle East and Africa (MEA).
The demand for cleaners and household detergents is increasing and as well as for dishwashing cleaners over the last few years in Europe and will remain to be one of most profitable regional worldwide in the forecast period. Furthermore, major personal care manufacturers have established their plants in Germany, UK, and France, thereby driving the regional demand for the alkylbenzene sulfonate industry, especially for linear alkylbenzene sulfonate.
The Asia Pacific alkylbenzene sulfonate market size was worth USD YY million in 2018 and is estimated to reach USD YY million by 2026, at a CAGR of YY% during the forecast period. It is expected to hold the major market share owing to the huge population in economies like India and China and improved livelihood will stimulate regional growth. The increasing per capita earnings also expected to rise the demand for products like personal care goods and household detergents.
Competitive Analysis:
Some of the major players include Kao Corporation, Pilot Chemical Corp., BASF SE, Chevron Phillips Chemical Company, Huntsman Performance Products, Jin Tung Petrochemicals, Reliance Industries Limited, CEPSA Quimica, Lion Specialty Chemicals Co., Ltd, and Croda International Plc.
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Sai Kiran
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Email: pr@datamintelligence.com
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DataM Intelligence
Sai Kiran
+1 877 441 4866
pr@datamintelligence.com
Source: EmailWire.Com 
Source: EmailWire.com
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