Latin America Cellulosic Polymers Market Size & Outlook
The cellulosic polymers market in Latin America is expected to reach a projected revenue of US$ 450.1 million by 2030. A compound annual growth rate of 5.3% is expected of Latin America cellulosic polymers market from 2023 to 2030.
Revenue, 2022 (US$M)
$297.3
Forecast, 2030 (US$M)
$450.1
CAGR, 2023 - 2030
5.3%
Report Coverage
Latin America
Latin America cellulosic polymers market, 2018-2030 (US$M)
Related Markets
Latin America cellulosic polymers market highlights
- The Latin America cellulosic polymers market generated a revenue of USD 297.3 million in 2022.
- The market is expected to grow at a CAGR of 5.3% from 2023 to 2030.
- In terms of segment, cellulose ethers was the largest revenue generating type in 2022.
- Cellulose Esters is the most lucrative type 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 297.3 million |
| Market revenue in 2030 | USD 450.1 million |
| Growth rate | 5.3% (CAGR from 2022 to 2030) |
| Largest segment | Cellulose ethers |
| Fastest growing segment | Cellulose Esters |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cellulose Esters, Cellulose Ethers |
| Key market players worldwide | Ashland Inc, Shin-Etsu Chemical Co Ltd, Celanese Corp Class A, Daicel Corp, Eastman Chemical Co, Lenzing AG, Dow Inc, Mitsubishi Chemical Group Corp, Grasim Industries Ltd DR, Sappi Ltd ADR, Nouryon, CP Kelco |
Other key industry trends
- In terms of revenue, Latin America region accounted for 3.3% of the global cellulosic polymers 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 9,404.3 million by 2030.
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Cellulosic Polymers Market Scope
Cellulosic polymers market segmentation & scope
Cellulosic Polymers Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America cellulosic polymers market size, by country, 2018-2030 (US$M)
Latin America Cellulosic Polymers Market Outlook Share, 2022 & 2030 (US$M)
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