Dublin, Dec. 17, 2020 (GLOBE NEWSWIRE) -- The "Linear Alkyl Benzene (LAB) - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Linear Alkyl Benzene (LAB) Market to Reach US$12.1 Billion by the Year 2027
Amid the COVID-19 crisis, the global market for Linear Alkyl Benzene (LAB) estimated at US$8.8 Billion in the year 2020, is projected to reach a revised size of US$12.1 Billion by 2027, growing at a CAGR of 4.6% over the period 2020-2027.
Linear Alkylbenzene Sulfonate (LAS), one of the segments analyzed in the report, is projected to grow at a 4.5% CAGR to reach US$11.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Other Products segment is readjusted to a revised 6.5% CAGR for the next 7-year period. This segment currently accounts for a 4.1% share of the global Linear Alkyl Benzene (LAB) market.
The U. S. Accounts for Over 28.8% of Global Market Size in 2020, While China is Forecast to Grow at a 7.7% CAGR for the Period of 2020-2027
The Linear Alkyl Benzene (LAB) market in the U. S. is estimated at US$2.5 Billion in the year 2020. The country currently accounts for a 28.82% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$2.2 Billion in the year 2027 trailing a CAGR of 7.7% through 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 3.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR while Rest of European market (as defined in the study) will reach US$2.2 Billion by the year 2027.
The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Impact of Covid-19 and a Looming Global Recession
Global Competitor Market Shares
Linear Alkyl Benzene (LAB) Competitor Market Share Scenario Worldwide (in %): 2018E
2. FOCUS ON SELECT PLAYERS
Desmet Ballestra Group
Farabi Petrochemicals Co.
Formosan Union Chemical Corp.
Honeywell International, Inc.
Indian Oil Corporation Ltd.
Isu Chemical Co. Ltd.
Jintung Petrochemical Corp., Ltd.
JXTG Nippon Oil & Energy Corporation
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
Market Facts & Figures
US Linear Alkyl Benzene (LAB) Market Share (in %) by Company: 2018 & 2027
Market Facts & Figures
European Linear Alkyl Benzene (LAB) Market: Competitor Market Share Scenario (in %) for 2018 & 2027
REST OF EUROPE
REST OF ASIA-PACIFIC
REST OF LATIN AMERICA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
Total Companies Profiled: 32
For more information about this report visit https://www.researchandmarkets.com/r/7cou8p
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