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Linear Alkyl Benzene Price Chart, Historical and Forecast Analysis Provided by Procurement Resource

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:

The price trend of Linear Alkyl Benzene (LAB) fluctuates due to its pivotal role in producing a variety of industrial and household cleaning products. LAB, an essential raw material, is prominently utilized in the production of biodegradable detergents, such as laundry detergents, dishwashing liquids, and various household cleaning solutions. Functioning as an anionic surfactant, LAB effectively removes oil and grease stains, thereby enhancing the cleaning efficacy of these products.

Moreover, LAB’s versatile characteristics contribute to the stability of foam in cleaning solutions, further augmenting their overall performance. Its compatibility with other detergent ingredients reinforces its indispensability in formulating high-performance cleaning solutions for diverse industrial and domestic purposes.

Analyzing the linear alkyl benzene price index and observing the linear alkyl benzene price chart or graph aids in understanding the market dynamics influencing LAB prices, thus providing valuable insights for businesses reliant on this crucial raw material for their cleaning product formulations.

Key Players:

  • Sasol
  • Cepsa
  • Chevron Phillips Chemical
  • Deten Quimica
  • Fushun Petrochemicals
  • Honeywell
  • ISU Chemical

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients with up-to-date and pioneering practices in the industry to understand procurement methods, supply chains, and industry trends so that they can build strategies to achieve maximum growth.

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