Title: Linear Alkyl Benzene Pricing, Prices, Price, News | ChemAnalyst
1Linear Alkyl Benzene (LAB) Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
Market Overview Quarterly Update on Global LAB
Market Asia Discussions in the Asian Linear
Alkyl Benzene (LAB) market were mostly thin for
the quarter ending September 2020. Although
negligible change was observed in demand
fundamentals due to the pandemic, negotiations
prompted by the traders to initiate better
offtakes shrouded the contract prices due.
Nonetheless, the skyrocketing demand from the
detergent and cleaning industry failed to provide
prominent gains as manufacturers flooded the
market with excess supply. However, with
consistent growth in market sentiments of
feedstock Benzene, the hovering outlook of LAB is
anticipated to bounce back by the next
quarter. Get more info https//www.chemanalyst.
com/Pricing-data/linear-alkyl-benzene-lab--14
2Linear Alkyl Benzene (LAB) Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
North America With increased consumption from
surfactants and cleaning products as a preventive
measure of the global contagion, the demand for
Linear Alkyl Benzene in the region has witnessed
appreciable gains. However, with reduced panic
procurement and stockpiling of the product, the
market fundamentals of LAB have considerably
stabilized. Manufacturers have suffered fall in
their profit intakes on mounting inventories of
the product and no severe cut implemented in the
operating rates. However, LAB market dynamics are
likely to trace fast recovery with surface
chemical industry continuously experimenting with
new products expressing optimism over improved
demand by the next quarter. Europe The third
quarter for the LAB market in Europe remained
firm with continuous demand for surface cleaning
products under strict industrial practices to
maintain hygiene. Consumption of LAB in the
surfactants and derivatives further exacerbated
with resurgence of the coronavirus contagion in
several parts of the region. With no planned
turnaround in the near term, market players were
cautious over supply outstripping the demand that
ultimately led to reduced profit margins. As
there are no hopes for complete abatement of the
virus till date, the demand is likely to observe
no appreciable change in future. How we can
help ChemAnalyst addresses the key problematic
areas and risks associated with chemical and
petrochemical business globally and enables the
decision-maker to make smart choices. It
identifies and analyses factors such as
geopolitical risks, environmental risks, raw
material availability, supply chain
functionality, disruption in technology and so
on. It targets market volatility and ensures
clients navigate through challenges and pitfalls
in an efficient and agile manner.
3Linear Alkyl Benzene (LAB) Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
Timeliness and accuracy of data has been the core
competency of Chemanalyst, benefitting domestic
as well as global industry in tuning in to the
real-time data points to execute multi-billion
dollar projects globally. Methodology ChemAnaly
st gathers information through primary research
surveys conducted with various LAB manufacturers,
spread across domestic and international market,
suppliers and dealers/distributors to gain
insights into value-chains and demand-supply
scenario to assess the market situation. Thorough
study of companys annual reports and secondary
sources such as exhaustive search on credible
paid databases, including our internal database
is done to verify the information. All the
collected information is analyzed, evaluated and
presented in chronological order to depict a
meaningful and clear picture of the concerned
market. Our dedicated team of industry experts
comprehensively monitors and analyzes various
aspects of the Global LAB market. The team
analyzes various industrial segments, strategic
viewpoints and provides an analysis of the
industrys performance in the long run. This
would enable our clients in efficiently plan
their future investments, mitigate risk,
understand the cost dynamics and strike out a
balance amidst market volatility. Critical
examination of the impact of COVID-19 pandemic on
the global supply chains and shift in demand
patterns with change in buying behavior of
consumers across the globe. Several ongoing
development projects across industries are
tracked, followed by the details of major
projects in the development stage, which can
positively or negatively influence Global LAB
market. Pricing is captured through exhaustive
primary interviews with domestic and
international manufacturers, traders and
importers and customers on daily, weekly, monthly
and yearly basis.
4Linear Alkyl Benzene (LAB) Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
Finally, region-specific markets for LAB are
analyzed and region-wise demand pattern is
tracked. About Linear Alkyl Benzene (LAB) is an
organic compound produced from Benzene and
Paraffin as the major feedstocks. The organic
compound is primarily utilized to manufacture
Linear Alkyl Benzene Sulfonic Acid (LABSA), a
high valued surfactant. Owing to its supreme
properties like high flash point, good
transparency and negligible radioactive
impurities, LAB has emanated as an ideal
feedstock for producing biodegradable detergents
and cleaners. In the manufacturing process of
LAB, it is viable to use high purity n-paraffin
to form linear olefins by hydrotreating. The
hydrotreated olefins products are finally reacted
with Benzene in the presence of a suitable
catalyst to obtain LAB. Although Hydrogen
Fluoride (HF) is the most economical among all
available catalyst, but its usage has been
exempted since 1995 due to environmental concerns
mounting over various countries. Since then,
DETAL process that uses a fixed bed catalyst
system is commonly equipped in LAB plants.