Research and Markets: Global Linear Alkylbenzene Sulfonate (LAS) Market 2015-2019: Fluctuations in Prices of Raw Materials Pose a Challenge to LAS Manufacturers
May 12, 2015 | By Business Wire News
DUBLIN
Research and Markets (http://www.researchandmarkets.com/research/kxzv7x/global_linear) has announced the addition of the “Global Linear Alkylbenzene Sulfonate (LAS) Market 2015-2019” report to their offering.
LAS is also known as sodium dodecylbenzenesulfonate. These colorless salts, with organic formula C12H25C6H4SO3Na, are commercially manufactured in the form of mixtures of related sulfonates and find usage in the production of heavy-duty cleaners, laundry powders, light-duty dish-washing liquids, and industrial and household cleaners. Owing to their superior bio-degradability and environmentally friendly characteristics, they are globally preferred as surfactants in the aforementioned applications. LAS is produced from benzene and linear paraffin feedstock, and requires the sulfonating of LAB with sulfur trioxide, with subsequent sodium hydroxide neutralization.
The analysts forecast the global LAS market to grow at a CAGR of 4.87 percent, in terms of revenue, over the period 2014-2019.
Key vendors
– CEPSA Group
– Huntsman
– Indian Oil
– Jintung Petrochemical
– PetroChina (Fushun Petrochemical)
– Reliance Industries
– Sasol
Commenting on the report, an analyst from the team said: Owing to the significant economic and industrial development in the APAC and the elevated demand for household and commercial cleaners. A result of growing consumer awareness about the advantages of hygienic surroundings the region has become the major consumer of LAS in the global market in recent years. Apart from the aforementioned applications, LAS demand in the region is further fuelled by the increased use of heavy-duty industrial cleaners the major application of LAS by the construction sector. Augmented local demand has resulted in a rapid increase in the number of regional LAS manufacturers and a reduction in LAS prices in the region. With countries such as India and China spending huge amounts on construction projects, the trend is expected to continue during the forecast period.
According to the report, with the increasing global awareness and emphasis on environment protection, countries with dodecylbenzenesulfonate manufacturers are also expected to change their regulatory policies regarding surfactants in the near future, which will benefit the global LAS market.
For more information visit http://www.researchandmarkets.com/research/kxzv7x/global_linear
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