Linear Alkylbenzene Sulfonic Acid Prices In North America
- North America: 2454 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 latest report by IMARC, titled “Linear Alkylbenzene Sulfonic Acid (LABSA) Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” delivers a comprehensive analysis of Linear Alkylbenzene Sulfonic Acid prices on a global and regional scale, highlighting the pivotal factors contributing to price changes. This detailed examination includes spot price evaluations at key ports and an analysis of pricing structures, such as Ex Works, FOB, and CIF, across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Linear Alkylbenzene Sulfonic Acid Prices December 2023:
- North America: 2454 USD/MT
- Germany: 1365 USD/MT
- South Korea: 4021 USD/MT
- Saudi Arabia:1500 USD/MT
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The study delves into the factors affecting Linear Alkylbenzene Sulfonic Acid price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
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Linear Alkylbenzene Sulfonic Acid Price Trend- Q4 2023
The linear alkylbenzene sulfonic acid (LAS) market is witnessing significant growth driven by several key factors. One primary driver is the escalating demand for household and industrial cleaning products globally. LAS serves as a vital ingredient in detergent formulations due to its excellent surfactant properties, enhancing cleaning effectiveness across various applications. The expanding population, rapid urbanization, and increasing awareness regarding hygiene and cleanliness further fuel the demand for cleaning products, thereby stimulating market growth. Moreover, the burgeoning personal care industry, particularly in emerging economies, contributes to the rising demand for LAS. LAS finds widespread use in the manufacturing of personal care products such as shampoos, shower gels, and liquid soaps due to its foaming and cleansing properties. As consumer preferences shift towards premium and specialized personal care products, the demand for LAS continues to soar. Furthermore, the growth of the industrial sector, especially in developing regions, augments the demand for industrial cleaners and degreasers containing LAS. Its effectiveness in removing oil, grease, and other contaminants from various surfaces makes it indispensable in industrial cleaning applications, thereby driving market expansion.
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. In Q1 2024, the North American market for linear alkylbenzene sulfonic acid (LABSA) experienced a downward trend in prices due to decreased demand from downstream industries and global economic uncertainties. The USA saw significant price changes, with LABSA prices decreasing from the previous quarter. The stability in prices during the first half of the quarter reflected balanced supply and demand dynamics, but overall sentiment remained negative, impacting pricing. In the APAC region, LABSA prices remained relatively stable, influenced by factors such as feedstock costs and demand from downstream industries. South Korea witnessed a decline in LABSA prices due to subdued demand and decreased feedstock costs. Seasonal fluctuations, particularly in off-season winter demand for soap and detergent products, also contributed to price declines.
In Europe, LABSA prices experienced significant fluctuations, driven by factors like feedstock prices, supply chain disruptions, and geopolitical tensions. Prices showed an overall increase compared to the previous quarter, influenced by rising production costs and supply shortages. Germany witnessed the maximum price changes, reflecting the challenges faced by the region. The market contended with supply shortages and disruptions in the Red Sea, impacting freight rates and overall pricing dynamics. In the MEA region, LABSA prices increased due to rising feedstock prices and supply chain disruptions, particularly in Saudi Arabia. Despite challenges, the market remained resilient, with stable pricing trends observed throughout the quarter.
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Key Points Covered in the Linear Alkylbenzene Sulfonic Acid Pricing Report:
The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:
- Linear Alkylbenzene Sulfonic Acid Price Trend
- Linear Alkylbenzene Sulfonic Acid Price Chart
- Linear Alkylbenzene Sulfonic Acid Demand & Supply
- Linear Alkylbenzene Sulfonic Acid Market Analysis
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- Linear Alkylbenzene Sulfonic Acid Price Analysis
- Linear Alkylbenzene Sulfonic Acid Industry Drivers, Restraints, and Opportunities
- Linear Alkylbenzene Sulfonic Acid News and Recent developments
- Global Event Analysis
- List of Key Players
Regional Price Analysis:
- 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
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Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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