Heavy aklyl benzenes (HAB) is a byproduct in the process of linear alkyl benzene (LAB) and branched alkyl benzene (BAB). It is used as an additive of heat transfer oil and lubricating greases. With low viscosity, heavy aklyl benzenes (HAB) is a yellow and oily material. It is mainly comprised of dialkyl benzene.

Market Analysis and Insights: Global Heavy Alkyl Benzenes (HAB) Market

Due to the COVID-19 pandemic, the global Heavy Alkyl Benzenes (HAB) market size is estimated to be worth US$ 396 million in 2022 and is forecast to a readjusted size of US$ 526.4 million by 2029 with a CAGR of 4.1% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, HLAB accounting for % of the Heavy Alkyl Benzenes (HAB) global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Lubricant Addictive segment is altered to an % CAGR throughout this forecast period.

Global Heavy Alkyl Benzenes (HAB) key players include CEPSA Química, Sasol, Huntsman Performance Products, PT Unggul Indah Cahaya Tbk, Reliance Industries Limited, etc. Global top five manufacturers hold a share over 40%.

Europe is the largest market, with a share about 20%, followed by China and USA, both have a share over 30%.

In terms of product, HLAB is the largest segment, with a share over 95%. And in terms of application, the largest application is Lubricant Addictive, followed by Base Oil for Lubricant and Conduction Oil, etc.

Global Heavy Alkyl Benzenes (HAB) Scope and Market Size

The global Heavy Alkyl Benzenes (HAB) market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Heavy Alkyl Benzenes (HAB) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.


Segment by Type


HLAB

HBAB


Segment by Application


Lubricant Addictive

Base Oil for Lubricant and Conduction Oil

Others

By Region

United States

Europe

China

Japan

Southeast Asia

India

Other Regions


By Company


CEPSA Química

Sasol

Huntsman Performance Products

PT Unggul Indah Cahaya Tbk

Reliance Industries Limited

ISU Chemical

ARADET

Egyptian Linear Alkyl Benzene

SEEF LIMITED

Tamil Nadu Petro Products

Farabi Petrochemicals

Fushun Petrochemical

Jintung Petrochemical

Sinopec Jinling Petrochemical

Orient Chemical (Taicang）