San Francisco, California (PRWEB) July 28, 2014
The global market for linear alkyl benzene (LAB) is expected to reach USD 9.27 billion by 2020, according to a new study by Grand View Research, Inc. Growing demand for household cleaning & industrial cleaning particularly in emerging market of Asia Pacific is expected to remain a key driving factor for the market. However, volatile raw material price is expected to remain a key challenge for market participants.
Linear alkylbenzene sulphonate (LAS) emerged as the leading application segment for LAB and accounted for 97.9% of total market volume in 2013. LAS is further used for producing laundry powders and cleaners used for domestic and industrial applications. Other applications of LAB include wetting agents, ink solvents and painting industry.
The report “Linear Alkyl Benzene Market Analysis By Application (Heavy Duty Laundry Liquids, Laundry Powders, Light Duty Dish Washing Liquids, Industrial Cleaners, Household Cleaners) And Segment Forecasts To 2020” is available now to Grand View Research customers at http://www.grandviewresearch.com/industry-analysis/linear-alkyl-benzene-market.
Request Free Sample of This Report: http://www.grandviewresearch.com/industry-analysis/linear-alkyl-benzene-market/request
Further key findings from the study suggest:
Browse All Reports of Petrochemicals Market by Grand View Research: http://www.grandviewresearch.com/industry/petrochemicals-and-downstream-derivatives
For the purpose of this study, Grand View Research has segmented the linear alkyl benzene (LAB) market on the basis of application and region:
Browse All Grand View Research Ongoing Reports: http://www.grandviewresearch.com/ongoing-reports
About Grand View Research
Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com/.
Corporate Sales Specialist, USA
Grand View Research, Inc
Toll Free: 1-888-202-9519
Breast Pumps Market Analysis By Product (Open System, Closed System), By Technology (Manual, Battery-Powered, Electric Pump), By Application (Personal Use, Hospital Grade) And Segment Forecasts To 2020 (http://www.grandviewresearch.com/industry-analysis/breast-pumps-market)
The global market for breast pumps is expected to reach USD 1,197.7 million by 2020, growing at an estimated CAGR of 7.6% from 2014 to 2020, according to a new study by Grand View Research, Inc. Introduction of innovative technologies including hand free breast pumps, growing women employment rates coupled with growing awareness levels pertaining to the advantages of breast milk are expected to drive breast pump demand over the next six years.
Formaldehyde Market Analysis By Application (UF Resins, PF Resins, MF Resins, Polyacetal Resins, Pentaerythritol, Methylenebis, 1,4-butanediol), By End User (Construction, Automotive, Furniture) And Segment Forecasts To 2020 (http://www.grandviewresearch.com/industry-analysis/formaldehyde-market)
The global formaldehyde market is expected to reach USD 21.03 billion by 2020, according to a new study by Grand View Research Inc. Growth in furniture and construction industry along with increasing concentration in Asia Pacific is expected to be a key driver for the market over the next six years. Fluctuating raw material prices coupled with the increasing consumer awareness regarding harmful effects of formaldehyde is expected to be a major challenge for the market over the forecast period.