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Linear Alkylbenzene Sulfonic Acid Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
Report Format: PDF+Excel | Report ID: SR112024A22298
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Linear Alkylbenzene Sulfonic Acid Prices December 2023
| Product | Category | Region | Price |
|---|---|---|---|
| Linear Alkylbenzene Sulfonic Acid | Chemical | North America | 2454 USD/MT |
| Linear Alkylbenzene Sulfonic Acid | Chemical | Germany | 1365 USD/MT |
| Linear Alkylbenzene Sulfonic Acid | Chemical | South Korea | 4021 USD/MT |
| Linear Alkylbenzene Sulfonic Acid | Chemical | Saudi Arabia | 1500 USD/MT |
In the United States, Linear Alkylbenzene Sulfonic Acid prices remained stable, with minimal changes in price percentage from the previous quarter and a modest 1.2% increase from October to December 2023.
The price trend for Linear Alkylbenzene Sulfonic Acid in Germany showed a notable decrease with a 6% drop from the previous. As the quarter ended, the price for LABSA in Germany was USD 1365 per metric ton FOB Hamburg.
The closing price of Linear Alkylbenzene Sulfonic Acid in South Korea for the most recent quarter was USD 4021 per metric ton (Retail) Ex-Gyeongju. Bearish market conditions combined with low supply levels contributed to the observed price dynamics in the APAC region during Q4 2023.
The closing price for Linear Alkylbenzene Sulfonic Acid in Saudi Arabia at the end of the quarter stood at USD 1500 per metric ton Spot EX-Jeddah. The overall stability in prices can be attributed to the sustained demand from downstream sectors and the absence of significant market fluctuations, prompting traders to maintain price levels consistently throughout the quarter.
Linear Alkylbenzene Sulfonic Acid Price Trend, Market Analysis, and News
IMARC’s newly published report, titled Linear Alkylbenzene Sulfonic Acid Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data, offers an in-depth analysis of linear alkylbenzene sulfonic acid pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
It encompasses an in-depth review of spot prices at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of price trends across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing linear alkylbenzene sulfonic acid price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision making and forecasting.
Linear Alkylbenzene Sulfonic Acid Market Analysis
The global linear alkylbenzene sulfonic acid market size reached US$ 5.1 Million Tons in 2023. By 2032, IMARC Group expects the market to reach US$ 6.3 Million Tons, at a projected CAGR of 2.30% during 2023-2032.
The global Linear alkylbenzene sulfonic acid (LABSA) market is primarily driven by its widespread use as a main ingredient in the production of household and industrial cleaning products. Linear alkyl benzene sulphonic acid is a type of surfactant, a chemical compound which lowers the surface tension between the two substances making it an important component in detergents, soaps and cleaning agents. The growing global population and increase in globalization have led to the rising demand for cleaning products for both domestic and commercial purposes, thereby propelling its market growth. In line with this the growing awareness regarding hygiene and sanitation, mainly in emerging economies, is further stimulating the consumption of cleaning products containing LABSA. The LABSA market is also driven by its application in manufacturing industrial cleaners and degreasers which are used in various industries such as automotive, textiles, and food processing. LABSA's excellent detergency properties make it an ideal choice for formulating industrial cleaners that are capable of removing stubborn stains, grease and oil residues from surfaces.
Moreover, the versatility of LABSA extends beyond the cleaning products and also includes its use in the production of agricultural chemicals like herbicides and pesticides. LABSA serves as an important raw material in the synthesis of emulsifiable concentrates and wettable powders which are widely used in the formulation for delivery of agrochemicals effectively. Along with the increasing demand for cultural products to feed the growing global population, the demand for agricultural products is also on the rise, thereby driving the consumption of LABSA. In addition to this, the expanding personal care and cosmetics industries is contributing to the growth of the LABSA market. LABSA is utilized in the production of various personal care products like shampoos, bath gels and liquid soaps due to its ability to create foam and its enhanced cleaning properties. These factors are collectively creating a positive outlook for the market further across the globe.
Linear Alkylbenzene Sulfonic Acid News
The report covers the latest developments, updates, and trends impacting the global linear alkylbenzene sulfonic acid market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in linear alkylbenzene sulfonic acid production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that shape the industry landscape.
Latest developments in the linear alkylbenzene sulfonic acid industry:
According to an article published in 2023 in the Business Standard, Godrej Consumer Products has launched a new brand of liquid detergent Godrej fab in South India, four decades after introducing Godrej Ezee, the country's first specialized liquid detergent tailored for winter wear and woollens, in 1983.
The Economic Times published an article in 2023 stating that Unilever has announced to cut down prices of some of its products, including such as soaps and laundry, to pass on the benefits of lower commodity prices, boost volumes and compete with local entrants.
Product Description
Linear alkylbenzene sulfonic acid (LABSA) is a kind of organic compound which serves as a key ingredient in the production of detergents and cleaning products. LABSA is derived from linear alkyl benzene (LAB), which is synthesized from linear alkenes obtained from the petrochemical refining process. LABSA is an ionic surfactant which means it has both hydrophilic (water attracting) and lipophilic (oil attracting) properties making it effective in removing grease, oil and dirt from surfaces. Its molecular structure consists of a linear alkyl chain attached to a benzene ring, with a sulfonic acid group (-SO3H) replacing a hydrogen atom on the benzene ring. LABSA is highly soluble in water and is used in a wide range of applications, including laundry detergents, dishwashing liquids and personal care products.
Regional Coverage
The report provides a detailed analysis of the linear alkylbenzene sulfonic acid market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the price trends.
Global Linear Alkylbenzene Sulfonic Acid Price
The report offers a holistic view of the global linear alkylbenzene sulfonic acid pricing trends, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level.
Europe Linear Alkylbenzene Sulfonic Acid Price
During the Q4 of 2023, the European Linear Alkylbenzene Sulfonic Acid (LABSA) market faced significant challenges marked by decrease in prices mainly in Germany. Factors which contribute to this downturn includes sluggish demand from the surfactant industry a global economic slowdown and reduction in consumer spending. Additionally, Germany grappled with an energy crisis because of decreased natural gas supplies from Russia. Despite these challenges, production remained resilient, with no reported plant shutdowns.
This analysis can be extended to include detailed linear alkylbenzene sulfonic acid price information for a comprehensive list of countries.
| Region | Countries Covered |
|---|---|
| Europe | Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Linear Alkylbenzene Sulfonic Acid Price
In throughout Q4 2023, the North American linear alkylbenzene sulfonic acid (LABSA) market remained stable with balanced supply and demand. Challenges included decreased demand in surfactant industries and anticipated lower feedstock Benzene prices. Despite this no plant shutdowns were reported. In the USA, LABSA prices remained steady, influenced by stable supply and demand, and supported by high Crude Oil prices. The expected decline in Benzene prices may mitigate production costs but global economic uncertainty introduces potential bearish trends.
Specific data on linear alkylbenzene sulfonic acid prices within the United States and Canada can also be provided.
| Region | Countries Covered |
|---|---|
| North America | United States and Canada |
Middle East and Africa Linear Alkylbenzene Sulfonic Acid Price
In the Q4 of 2023, the Middle East and Africa (MEA) linear alkylbenzene sulfonic acid (LABSA) market remained stable due to surplus supply, low domestic demand, and declining Benzene prices. In Saudi Arabia, LABSA prices dropped by 1% compared to the previous quarter, driven by Benzene price decreases. However, the market showed a bullish trend, with moderate supply and high demand, resulting in marginal price increases. The closing price for LABSA in Saudi Arabia was USD 1500 per metric ton Spot EX-Jeddah.
In addition to region-wise data, information on linear alkylbenzene sulfonic acid prices for countries can also be provided.
| Region | Countries Covered |
|---|---|
| Middle East and Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Aisa Pacific Linear Alkylbenzene Sulfonic Acid Price
During the fourth quarter of 2023, the Asia-Pacific(APAC) region experienced a bearish market for Linear Alkylbenzene Sulfonic Acid (LABSA) due to a decline in international Crude Oil prices and concerns about demand. South Korea saw a bullish trend driven by low supply levels. LABSA prices in South Korea increased by 1% as compared to the previous quarter, closing at USD 4021 per metric ton (Retail) Ex-Gyeongju.
This analysis can be further extended to include detailed linear alkylbenzene sulfonic acid prices for a comprehensive list of countries within the region.
| Region | Countries Covered |
|---|---|
| Asia Pacific | China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Linear Alkylbenzene Sulfonic Acid Price
The analysis of linear alkylbenzene sulfonic acid prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.
This comprehensive review can be extended to include specific countries within the region.
| Region | Countries Covered |
|---|---|
| Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Report Coverage
| Key Attributes | Details |
|---|---|
| Product Name | Linear Alkylbenzene Sulfonic Acid |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Price Analysis, and Segment-Wise Assessment. |
| Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
| Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
| Information Covered for Key Suppliers |
|
| Customization Scope | The report can be customized as per the requirements of the customer |
| Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
|
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
| Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of linear alkylbenzene sulfonic acid pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
- The study examines factors affecting linear alkylbenzene sulfonic acid price volatility, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights, ensuring they remain at the forefront of the linear alkylbenzene sulfonic acid industry.
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- Speak to our experienced analysts for insights on the current market scenarios.
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