Heavy Alkyl Benzene (HAB) Price Trend

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Heavy Alkyl Benzene (HAB) Regional Price Trend

Get the latest insights on price movement and trend analysis of Heavy Alkyl Benzene (HAB) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Heavy Alkyl Benzene (HAB) Price Trend for the First Half of 2022

Asia

The high crude oil and natural gas prices due to the Russian-Ukrainian conflict heavily impacted the petrochemical industry. The prices of feedstock benzene soared, which caused the Heavy Alkyl Benzene (HAB) prices to rise in the Indian domestic market along with the booming demand from the downstream detergents and laundry industries. The HAB prices averaged 2848 USD/MT in the Indian domestic market.

However, the price trends for HAB in the Chinese domestic arena were somewhat opposite to that seen in the Indian market. During the first quarter, despite the high crude oil prices, the HAB prices stood firm due to sufficient inventories in the market. The HAB prices declined towards the second quarter owing to the muted market sentiments due to the zero-tolerance covid restrictions by the Chinese government.

Europe

The price trends for Heavy Alkyl Benzene (HAB) remained anchored in the European market throughout the said period. The surging operating costs, supply shortages, trade restrictions and budding downstream demand caused the HAB prices to rise steeply. The HAB prices averaged 2475 USD/MT in the European domestic arena.

North America

The HAB prices surged throughout the US domestic market owing to the heightened energy costs, labour shortages and trade restrictions. The price of HAB averaged 2080 USD/MT during the first quarter of the said year. The prices steadily increased during the second quarter due to the robust downstream demand, and the supply further tightened due to the shutdown of many refineries for annual maintenance checks.

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About Heavy Alkyl Benzene:

Heavy Alkyl Benzene (HAB) is a byproduct formed during the production process of linear alkyl benzene (LAB). It’s a clear and limpid noncorrosive liquid. It is used as heat transfer oil and lubricating greases. Heavy Alkyl Benzene is the primary raw material for lubricants, metal surface treatment products, including galvanic and electroplating products.

Product Details:

Report Features	Details
Product Name	Heavy Alkyl Benzene (HAB)
Industrial Uses	Heat transfer oil, Lubricating greases, Refrigeration and compressor oils, Metal forming lubricants / metal working fluids, Lubricant component, Dielectric oils, Fat liquoring oils for the leather industry, Plasticisers and extenders, Hydraulic fluids
Synonyms	Heavy alkylates, HAB, Heavy linear alkyl benzene, 85117-41-5
Supplier Database	Egyptian Linear Alkyl Benzene Co. (ELAB), Asia Petrochemicals LLC, Cepsa
Region/Countries Covered	Asia Pacific: China , India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, 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 Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency	US$ (Data can also be provided in local currency)
Supplier Database Availability	Yes
Customization Scope	The report can be customized as per the requirements of the customer
Post-Sale Analyst Support	360-degree analyst support after report delivery

Production Processes:

Production of Heavy Alkyl Benzene via UOP Process

The UOP (Universal Oil Products) process involves pre-fraction, hydro-treating, extraction, dehydrogenation, and alkylation to produce linear alkyl benzene, where Heavy Alkyl Benzene is formed as a byproduct.

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Methodology:

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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