Linear Alkylbenzene Sulfonate (LAS) MarketSize and Trends
Global Linear Alkylbenzene Sulfonate Market was valued at US$ 7.45 Bn in 2021 in terms of revenue, exhibiting a CAGR of 5.18 % during the forecast period (2022 to 2030).
Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Linear Alkylbenzene Sulfonate estimated at USD 7.45 Bn in the year 2021, is projected to reach a revised size of USD 11.72 Bn by 2030, growing at a CAGR of 5.18 % during the forecast period 2022-2030.
Market Trends
Industrial Cleaners Application to Dominate the Market
- The most widely used categories of surfactants in industrial cleaning applications are Linear Alkylbenzene Sulphonates (LAS), Alkyl Phenol Ethoxylates (APE), and Alkyl Ethoxylate (AE); together they account for more than 50% of the total share
- Industry cleaning activities generally include industrial manufacturing processes and heavy-duty soil removal process
- LAS surfactants in industry cleaning are used mainly as auxiliary cleaning agents, in which the majority of the cleaning is done by other parameters such as alkalinity, temperature, the pressure of water, and chemical cleaning agents
- LAS surfactants are included in industrial cleaning for other purposes such as foam control, bactericidal application, rinseability, and emulsification
- LAS surfactants are used in industrial cleaning primarily for hard surface cleaning and metal cleaning
- Industrial cleaning is the third-largest application segment for surfactants globally and is expected to witness a steady growth rate over the forecast period