Linear Alkyl Benzene (LAB) Market projected to reach US$10.381 billion by 2030 at a significant CAGR of 4.67%
NEW YORK, NY, UNITED STATES, June 26, 2025 / EINPresswire.com / -- According to a new study published by Knowledge Sourcing Intelligence, the linear alkyl benzene (LAB) market is projected to grow at a CAGR of 4.67% between 2025 and 2030 to reach US$10.381 billion by 2030. The global Linear Alkyl Benzene (LAB) market has been experiencing steady growth in recent years, and this trend is expected to continue in the coming years. LAB is a key ingredient in the production of detergents, and with the increasing demand for cleaning products, the market for LAB is projected to expand even further. This growth is driven by various factors, including the rise in population, urbanization, and increasing awareness about hygiene and cleanliness. This growth can be attributed to the rising demand for detergents in both developed and developing countries. The Asia Pacific region is the largest consumer of LAB, accounting for over 40% of the global demand. This can be attributed to the growing population and increasing disposable income in countries like China and India.