Latin America Antimicrobial Plastic Market Size & Outlook
Latin America antimicrobial plastic market, 2019-2030 (US$M)
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Latin America antimicrobial plastic market highlights
- The Latin America antimicrobial plastic market generated a revenue of USD 3,537.7 million in 2022.
- The market is expected to grow at a CAGR of 8.4% from 2023 to 2030.
- In terms of segment, commodity plastics was the largest revenue generating product in 2022.
- Engineering Plastics is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 3,537.7 million |
| Market revenue in 2030 | USD 6,727.8 million |
| Growth rate | 8.4% (CAGR from 2022 to 2030) |
| Largest segment | Commodity plastics |
| Fastest growing segment | Engineering Plastics |
| Historical data covered | 2019 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Commodity Plastics, Engineering Plastics, High Performance Plastics |
| Key market players worldwide | Basf SE, Covestro AG, Palram Industries (1990) Ltd, Clariant AG, Sanitized, Lonza Group Ltd, INEOS, Milliken & Company, Biocote, Microban International, DuPont de Nemours Inc, Miller Waste Mills, Parx Materials N.V., Ray Products, King Plastic Corporation |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.7% of the global antimicrobial plastic market in 2022.
- 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 31,152.8 million by 2030.
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Antimicrobial Plastic Market Scope
Antimicrobial Plastic Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America antimicrobial plastic 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 antimicrobial plastic market will help companies and investors design strategic landscapes.
Commodity plastics was the largest segment with a revenue share of 67.27% in 2022. Horizon Databook has segmented the Latin America antimicrobial plastic market based on commodity plastics, engineering plastics, high performance plastics covering the revenue growth of each sub-segment from 2019 to 2030.
Recovering residential building & construction sector in CSA is driving the demand for antimicrobial plastics. Significant new investments in housing and public works by the government are expected to boost infrastructural growth in Colombia, thereby propelling the demand for antimicrobial plastics in the region over the forecast period.
Furthermore, the urban renewal project of Bogota, which includes 50 skyscrapers, 500 high-rise buildings, a subway system, and a smart city, is meant to establish the city as the technological, financial, and industrial capital of Central & South America.
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Our clientele includes a mix of antimicrobial plastic market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America antimicrobial plastic market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America antimicrobial plastic market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America antimicrobial plastic market size, by country, 2019-2030 (US$M)
Latin America Antimicrobial Plastic Market Outlook Share, 2022 & 2030 (US$M)
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