Latin America Anaerobic Adhesives Market Size & Outlook
The anaerobic adhesives market in Latin America is expected to reach a projected revenue of US$ 52.6 million by 2030. A compound annual growth rate of 4.8% is expected of Latin America anaerobic adhesives market from 2024 to 2030.
Revenue, 2023 (US$M)
$37.8
Forecast, 2030 (US$M)
$52.6
CAGR, 2024 - 2030
4.8%
Report Coverage
Latin America
Latin America anaerobic adhesives market, 2018-2030 (US$M)
Latin America anaerobic adhesives market highlights
- The Latin America anaerobic adhesives market generated a revenue of USD 37.8 million in 2023.
- The market is expected to grow at a CAGR of 4.8% from 2024 to 2030.
- In terms of segment, threadlockers was the largest revenue generating product in 2023.
- Threadlockers is the most lucrative product segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 37.8 million |
| Market revenue in 2030 | USD 52.6 million |
| Growth rate | 4.8% (CAGR from 2023 to 2030) |
| Largest segment | Threadlockers |
| Fastest growing segment | Threadlockers |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Threadlockers |
| Key market players worldwide | Parson Adhesives, 3M Co, Permabond, ITW Commercial Construction, WEICON, Loxeal, Henkel AG & Co KGaA, Bodo Möller Chemie, Astral Adhesives |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.3% of the global anaerobic adhesives market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 335.6 million by 2030.
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Anaerobic Adhesives Market Scope
Anaerobic adhesives market segmentation & scope
Substrate
Metals
Plastics
Other Substrates (If Any)
Application
Automotive
Electrical & Electronics
General Industrial
Construction
Aerospace
Other End-Uses (If Any)
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
China
India
Japan
Brazil
Argentina
South Africa
Saudi Arabia
Anaerobic Adhesives Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America anaerobic adhesives market
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