Latin America Bio-polyamide Market Size & Outlook
Latin America bio-polyamide market, 2018-2030 (US$M)
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Latin America bio-polyamide market highlights
- The Latin America bio-polyamide market generated a revenue of USD 11.0 million in 2022.
- The market is expected to grow at a CAGR of 17.4% from 2023 to 2030.
- In terms of segment, pa-66 was the largest revenue generating product in 2022.
- PA-66 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 11.0 million |
| Market revenue in 2030 | USD 39.9 million |
| Growth rate | 17.4% (CAGR from 2022 to 2030) |
| Largest segment | Pa-66 |
| Fastest growing segment | PA-66 |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PA-6, PA-66, Specialty Polyamides |
| Key market players worldwide | Evonik Industries AG, Huntsman Corp, Lanxess AG, Basf SE, Ube Corp, Arkema SA, Asahi Kasei Corp, Honeywell International Inc, Koninklijke DSM NV, Toray Industries Inc, DuPont de Nemours Inc, Solvay SA, Ems-Chemie Holding AG, INVISTA, Domo Chemicals, Quadrant Group, Zig Sheng Industrial, Lealea Enterprise |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.8% of the global bio-polyamide market in 2022.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 291.7 million by 2030.
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Bio-polyamide Market Scope
Bio-polyamide Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America bio-polyamide 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-polyamide market will help companies and investors design strategic landscapes.
Pa-66 was the largest segment with a revenue share of 51.82% in 2024. Horizon Databook has segmented the Latin America bio-polyamide market based on pa-6, pa-66, specialty polyamides covering the revenue growth of each sub-segment from 2018 to 2030.
Automotive emerged as the fastest growing end use segment owing to development in economy and greater demand from developing countries such as Brazil and Argentina. Development in aerospace and marine technology within the region is projected to boost the demand of bio-polyamide.
PA-6 accounted for the largest market share in 2016. Prevailing demand for less expensive biopolyamides for various end use industries is a major reason for its demand.
PA-66 is anticipated to grow with the fastest CAGR by revenue over the forecast period owing to its strength & wear resistance and property of absorbing slightly less moisture than PA-6.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America bio-polyamide market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America bio-polyamide market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America bio-polyamide market size, by country, 2018-2030 (US$M)
Latin America Bio-polyamide Market Outlook Share, 2024 & 2030 (US$M)
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