Quarterly Update on Global LABSA Market
For the Quarter Ending September 2020
Market fundamentals of the Asian Linear Alkylbenzene Sulfonic Acid (LABSA) remained mostly flat for the quarter ending September 2020. Although minor fluctuations were witnessed in demand pattern due to the global contagion, negotiations offered by the traders to instigate improvement in offtakes eased off the contract prices. Meanwhile, budding demand from the detergent and cleaning industry failed to provide prominent gains as manufacturers filled the market with ample supply. However, with consistent growth in market values of feedstock Benzene, the lingering outlook of LABSA is anticipated to revive in the coming months.
The demand for Linear Alkylbenzene Sulfonic Acid (LABSA) in North America witnessed promising gains in the previous quarter on its increased consumption for surfactants and cleaning products under the stress of global contagion. However, with reduced panic procurement and stockpiling of the disinfectants and cleaning products, market values of LABSA have considerably stagnated. Profit intakes of manufacturers and traders were hurt on mounting inventories of downstream products following consistent operating rates. Nonetheless, LABSA market dynamics are likely to outline rapid recovery with surface chemical industry continuously innovating fresh products under optimism over increment in demand by the next quarter.
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Company-wise installed capacity, production volume and plant operating efficiency is captured directly from manufacturers. Import and Export volume is captured from government sources and demand for LABSA is calculated considering the production, import, export and inventory-levels on the country and regional level markets.
LABSA price is correlated with the price trend of its feedstock Benzene, Linear Alkyl Benzene (LAB) and to the market fundamentals of end-use products like surfactants and cleaning products.
Basic details and information on financial performance of leading global players in LABSA market is presented in a visually captivating manner. Expansion plans and the company’s strategy is also captured to understand the vision and mission of the company to help understand the areas where companies need to focus more.
News & Deals
Daily updates on industry-specific and product-specific news, exclusive primary-based news capturing plant shutdowns/outages/closures, capacity expansions, operating rates, insights on demand-supply situation, awarding of technology licenses, new product launch and deals specifying mergers and acquisitions, strategic investments and disinvestments, to help players capitalize on market opportunity.
ChemAnalyst gathers information through primary research surveys conducted with various LABSA manufacturers, spread across domestic and international market, suppliers and dealers/distributors to gain insights into value-chains and demand-supply scenario to assess the market situation. Thorough study of company’s annual reports and secondary sources such as exhaustive search on credible paid databases, including our internal database is done to verify the information. All the collected information is analyzed, evaluated and presented in chronological order to depict a meaningful and clear picture of the concerned market.
Our dedicated team of industry experts comprehensively monitors and analyzes various aspects of the Global LABSA market. The team analyzes various industrial segments, strategic viewpoints and provides an analysis of the industry’s performance in the long run. This would enable our clients in efficiently plan their future investments, mitigate risk, understand the cost dynamics and strike out a balance amidst market volatility.
Critical examination of the impact of COVID-19 pandemic on the global supply chains and shift in demand patterns with change in buying behavior of consumers across the globe.
Several ongoing development projects across industries are tracked, followed by the details of major projects in the development stage, which can positively or negatively influence Global LABSA market.
Pricing is captured through exhaustive primary interviews with domestic and international manufacturers, traders and importers and customers on daily, weekly, monthly and yearly basis.
Finally, region-specific markets for LABSA are analyzed and region-wise demand pattern is tracked.
Linear Alkylbenzene Sulfonic Acid (LABSA) is a colorless chemical having viscous properties. Owing to its excellent cleaning properties and affordable cost, LABSA is a highly demanded in the detergent formulations. The linear chain of LABSA makes it a high biocompatible and efficient compound to be utilized in a variety of applications. Hence the product is regarded as a supreme replacement for non-linear Alkylbenzene Sulfonates. Attributed to its excellent surface properties, LABSA is primarily used for producing household cleaners, detergents, laundry powders, washing liquid and dishwashing liquid. It is also used as a lubricating agent and as an additive since it portrays same functionality in acidic environment. The product is also suitable as a coupling agent and emulsifier for agriculture and emulsion polymerization activities.