During the first half of 2023, the Linear Alkylbenzene Sulfonic Acid market in Asia displayed mixed patterns. Initial strength in January was attributed to elevated feedstock expenses and concurrent demand from detergent, emulsifier, and herbicide sectors. Although prices rose until mid-Q2, escalating inventories and lagging demand caused a subsequent decline. Similarly, Europe experienced fluctuating prices due to stabilizing crude oil costs and resolving supply chain issues, resulting in a downward trend. In North America, after a prolonged period of low prices, Linear Alkylbenzene Sulfonic Acid prices rose in Q1 due to increased downstream demand, followed by a decline as inventories replenished and supplies outpaced demand throughout Q2.
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Linear Alkylbenzene Sulfonic Acid (LABSA) is a synthetic organic compound widely used in detergent and cleaning product formulations. It functions as a surfactant due to its amphiphilic nature, enabling it to lower the surface tension of liquids and enhance the dispersion of substances, making it effective in cleaning and emulsifying applications.
Key Details About the Linear Alkylbenzene Sulfonic Acid Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Linear Alkylbenzene Sulfonic Acid in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
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The Linear Alkylbenzene Sulfonic Acid Price Trends, including India Linear Alkylbenzene Sulfonic Acid price, USA Linear Alkylbenzene Sulfonic Acid price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Linear Alkylbenzene Sulfonic Acid Price Trend:
Linear Alkylbenzene Sulfonic Acid (LABSA) finds crucial industrial applications as a primary ingredient in the production of liquid and powder detergents, including laundry and dishwashing agents. Its surfactant properties enable effective removal of grease and dirt, making it indispensable in the formulation of various cleaning products for household, commercial, and industrial use.
- Miwon Chemical
- Hansa AG
- Arabian Sulfonates Company
- Lion Specialty Chemicals
- Stepan Company
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