Latin America Active Insulation Market Size & Outlook
Latin America active insulation market, 2018-2030 (US$M)
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Latin America active insulation market highlights
- The Latin America active insulation market generated a revenue of USD 13.0 million in 2019.
- The market is expected to grow at a CAGR of 5.4% from 2020 to 2027.
- In terms of segment, building & construction insulation products was the largest revenue generating product in 2019.
- Textile Insulation Products is the most lucrative product segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2019 | USD 13.0 million |
| Market revenue in 2027 | USD 19.8 million |
| Growth rate | 5.4% (CAGR from 2019 to 2027) |
| Largest segment | Building & construction insulation products |
| Fastest growing segment | Textile Insulation Products |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Textile Insulation Products, Building & Construction Insulation Products |
| Key market players worldwide | W.L. Gore & Associates, Polartec, Primaloft, Remmers, UNGER ENTERPRISES, LLC. |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.0% of the global active insulation market in 2019.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 105.3 million by 2027.
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Active Insulation Market Scope
Active Insulation Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America active insulation market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to active insulation market will help companies and investors design strategic landscapes.
Building & construction insulation products was the largest segment with a revenue share of 63.08% in 2024. Horizon Databook has segmented the Latin America active insulation market based on textile insulation products, building & construction insulation products covering the revenue growth of each sub-segment from 2018 to 2030.
The active insulation market in Central & South America is anticipated to witness moderate growth in the estimated time owing to fluctuations in the construction industry in its majority of the economies.
Moreover, the textile market in the region has underperformed in recent years, thus has witness moderate demand for active insulation in the past. However, the current COVID-19 pandemic across the globe has negatively impacted the industrial performance and is expected to hamper the demand for active insulation in the region.
The growth in the textile active insulation market in the region is backed with strong demand from the fashion industry, especially in Brazil. Increasing consumer spending capacity, brand preference, penetration of multinational manufacturers, and booming retail sector are contributing to the growth of the fashion industry in the country.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America active insulation market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America active insulation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America active insulation market
Latin America Active Insulation Market Outlook Share, 2024 & 2030 (US$M)
Latin America active insulation market
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