The report by Syndicated Analytics, titled “Heavy Alkyl Benzene Production Cost Analysis Report 2025 Edition: Industry Trends, Capital Investment, Price Trends, Manufacturing Process, Raw Materials Requirement, Operating Cost, and Revenue Statistics,” offers a comprehensive examination of the operating costs and revenue statistics associated with establishing an heavy alkyl benzene plant. It is the culmination of extensive primary and secondary research, encompassing a detailed analysis of market trends and the impact of COVID-19 on both global and regional levels. Additionally, it provides profiles of key industry players. The report also delves into price trends, mass balance required raw materials, and the various unit operations integral to the heavy alkyl benzene manufacturing process. It includes a comprehensive capital cost analysis while covering the cost breakdown of raw materials, utilities, labor, packaging, transportation, land and construction, and machinery. The study also presents projected profit margins and recommends optimal product pricing strategies. For individuals contemplating entry into the heavy alkyl benzene industry or those with vested interests, this report is an essential resource.
The market for heavy alkyl benzene is experiencing steady growth, driven by the extensive demand for HAB in the production of linear alkylbenzene sulfonate (LABS) which is widely used as a surfactant in detergents. The growing demand for household and industrial detergents, especially in developing countries, significantly drives the market growth. For instance, in October 2023, at the SEPAWA Congress in Berlin from October 25 to 27, BASF presented the company’s latest solutions for home care and industrial & institutional (I&I) cleaning and personal care markets. These offers are part of BASF’s Care Chemical Initiative Care 360° solutions for sustainable life, the division’s cross-business and holistic approach to cover all topics impacting the future of key markets and industries: sustainability, digitalization, innovation, and new approaches to working together. BASF shares booths 137-139,154-155, 142, and 151-152 with its European sales organization, BTC Europe.
Expanding Lubricants Sectors
The rising use of HAB as a lubricant base oil in several applications such as automotive, marine, and industrial lubricants is acting as a major growth-inducing factor in the market. The expansion of these sectors, especially in regions with growing industrial activities and vehicle usage is propelling the demand for HAB. For instance, in March 2023, ExxonMobil invested nearly INR 900 crore (USD110 million) to build a lubricant manufacturing plant at the Maharashtra Industrial Development Corporation’s Isambe Industrial Area in Raigad.
Similarly, in October 2023, Chevron’s subsidiary and state-led Hindustan Petroleum Corporation Limited (HPCL) launched the US energy giant’s lubricant brand Caltex in the Indian market. The long-term agreement with Chevron Brands International LLC, a unit of Chevron, allows HPCL to license, market, manufacture, and distribute Caltex-branded lubricants in the country.
Growth in Chemical Industries
The rising chemical industry is boosting the consumption of HAB, especially in the Asia Pacific region such as China and India. These regions are witnessing rapid industrialization and urbanization which is leading to increased demand for chemicals where HAB is used as an intermediate. According to Invest India, exports of chemical and chemical products (excluding pharmaceutical products and fertilizers) contributed 11.7% of total exports in the year 2021-22 compared to 12.9% in the year 2020-21. It contributed 10.8% of total exports in the year 2022-23 (end up two September 2022). The CAGR for the export of total chemicals and chemical products (excluding pharmaceutical and fertilizer products) during the period 2017-18 to 2021-22 was 13.86% while the CAGR for total national exports was 12.62%.
This section delves into the dynamics of the heavy alkyl benzene market, including overview, historical and current performance, and impact of COVID-19. It examines factors driving demand, identifies key market trends, and analyzes the price trend. This analysis provides stakeholders with critical insights into market opportunities and challenges.
The following technical and economic aspects are included in the report:
Key Questions Answered in This Report-
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