Argentina Bio Based Polyurethane Market Size & Outlook
Argentina bio based polyurethane market, 2018-2030 (US$K)
Related Markets
Argentina bio based polyurethane market highlights
- The Argentina bio based polyurethane market generated a revenue of USD 154.1 thousand in 2023 and is expected to reach USD 260.7 thousand by 2030.
- The Argentina market is expected to grow at a CAGR of 7.8% from 2024 to 2030.
- In terms of segment, flexible foam was the largest revenue generating product in 2023.
- Flexible Foam is the most lucrative product segment registering the fastest growth during the forecast period.
Bio based polyurethane market data book summary
| Market revenue in 2023 | USD 154.1 thousand |
| Market revenue in 2030 | USD 260.7 thousand |
| Growth rate | 7.8% (CAGR from 2023 to 2030) |
| Largest segment | Flexible foam |
| Fastest growing segment | Flexible Foam |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD thousand |
| Market segmentation | Rigid Foam, Flexible Foam, Coatings, Adhesives & Sealants |
| Key market players worldwide | Basf SE, Covestro AG, Cargill, Huntsman Corp, RAMP Holdings, MCPU Polymer Engineering, WeylChem |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.4% of the global bio based polyurethane market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil bio based polyurethane market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 260.7 thousand by 2030.
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Bio Based Polyurethane Market Scope
Bio Based Polyurethane Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina bio based polyurethane 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 bio based polyurethane market will help companies and investors design strategic landscapes.
Flexible foam was the largest segment with a revenue share of 50.75% in 2023. Horizon Databook has segmented the Argentina bio based polyurethane market based on rigid foam, flexible foam, coatings, adhesives & sealants covering the revenue growth of each sub-segment from 2018 to 2030.
Argentina is among the leading economies of Central & South America. Efforts of the government to develop the country’s infrastructure and housing sector are anticipated fuel the growth of construction industry.
Furthermore, focus of the government on the development of renewable energy infrastructure is expected to boost the growth of construction industry, thereby expanding the demand for bio-based polyurethane in the country.
Argentina has several global automobile companies with established their manufacturing units over the past ten years. The major automotive companies include Agrale, Chevrolet, Citroen, Fiat, Ford, Honda, Mercedes-Benz, Nissan, Peugeot, Renault, Toyota, and Volkswagen.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina bio based polyurethane market , including forecasts for subscribers. This country databook contains high-level insights into Argentina bio based polyurethane market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina bio based polyurethane market size, by product, 2018-2030 (US$K)
Argentina Bio Based Polyurethane Market Outlook Share, 2023 & 2030 (US$K)
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