In Q4 2023, Linear Alkyl Benzene (LAB) prices in Asia experienced a downturn, influenced by benzene cost fluctuations and a competitive detergent sector. India saw a modest demand increase in urban areas, but rural procurement remained subdued. Europe witnessed a reversal of LAB price gains due to muted downstream surfactant industry demand and declining benzene costs. Despite an initial appreciation in energy production costs, fluctuating demand impacted the European market. In North America, sluggish economic recovery and government financial measures led to a decline in LAB prices. Export losses from canal issues elevated inventories, compounding the downward trend.
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Definition
Linear Alkyl Benzene (LAB) is a key chemical used in the production of biodegradable detergents. Derived from linear alkylbenzene sulfonic acid (LABSA), LAB is produced through alkylation processes involving benzene and olefins. As an anionic surfactant, LAB exhibits excellent detergent properties, aiding in the removal of oil and grease stains. LAB’s linear structure enhances its biodegradability, making it environmentally friendly. Its versatility extends to various household and industrial cleaning products, contributing to stable foam and efficient cleaning. LAB’s compatibility with other detergent components makes it a fundamental ingredient in the formulation of liquid soaps and detergents.
Key Details About the Linear Alkyl Benzene (LAB) Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Linear Alkyl Benzene (LAB) in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Linear Alkyl Benzene (LAB) Price chart, including India Linear Alkyl Benzene (LAB) price, USA Linear Alkyl Benzene (LAB) price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Linear Alkyl Benzene (LAB) Price Trend:
Linear Alkyl Benzene (LAB) serves as a crucial raw material in the production of various industrial and household cleaning products. Its primary use lies in the manufacturing of biodegradable detergents, including laundry detergents, dishwashing liquids, and household cleaning formulations. LAB acts as an anionic surfactant, enhancing the cleaning efficiency of these products by effectively removing oil and grease stains. Its versatile properties make it suitable for formulating stable foam, contributing to the overall efficacy of cleaning solutions. LAB’s compatibility with other detergent ingredients further solidifies its role as an essential component in the production of high-performance cleaning formulations used across diverse industrial and domestic applications.
Key Players:
- Sasol
- Cepsa
- Chevron Phillips Chemical
- Deten Quimica
- Fushun Petrochemicals
- Honeywell
- ISU Chemical
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