Posted 3/8/2024, 8:31:00 AM
Asia Pacific Drives Global Linear Alkylbenzene Sulfonate Demand to $14 Billion by 2031
- Global LAB market to reach $14.2 billion by 2031, growing at a CAGR of 4.3%
- Asia Pacific leads the market, driven by industrialization and growing detergent demand
- Linear alkylbenzene sulfonate (LAS) is the leading LAB application segment
- Sustainable production methods gaining prominence due to environmental regulations
- Key players include Sasol, CEPSA, Reliance Industries, and Huntsman Corporation