According to a new report, published by KBV research, The Global Linear Alkyl Benzene Market size is expected to reach $10.4 billion by 2030, rising at a market growth of 4.2% CAGR during the forecast period. In the year 2022, the market attained a volume of 4,287.42 kilo tonnes, experiencing a growth of 3.4% (2019-2022).
The Linear Alkylbenzene Sulfonates (LAS) segment is experiencing a CAGR of 3.7 % during (2023 - 2030). Linear alkylbenzene sulfonates are a key ingredient in producing detergents and cleaning products in high demand across residential, commercial, and industrial sectors. The increasing emphasis on cleanliness and hygiene fuels the demand for effective cleaning solutions, subsequently driving the need for linear alkylbenzene sulfonates.
Full Report: https://www.kbvresearch.com/linear-alkyl-benzene-market/
The Asia Pacific region dominated the Global Linear Alkyl Benzene Market, By Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $5.1 billion by 2030. The Europe region is anticipating a CAGR of 3.4% during (2023 - 2030). Additionally, The North America region would exhibit a CAGR of 3.9% during (2023 - 2030).
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)