Latin America Dyes And Pigments Market Size & Outlook
Latin America dyes and pigments market, 2018-2030 (US$M)
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Latin America dyes and pigments market highlights
- The Latin America dyes and pigments market generated a revenue of USD 2,469.7 million in 2023.
- The market is expected to grow at a CAGR of 4.7% from 2024 to 2030.
- In terms of segment, dyes was the largest revenue generating product in 2023.
- Dyes 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 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 2,469.7 million |
| Market revenue in 2030 | USD 3,401.2 million |
| Growth rate | 4.7% (CAGR from 2023 to 2030) |
| Largest segment | Dyes |
| Fastest growing segment | Dyes |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dyes, Pigments |
| Key market players worldwide | Basf SE, Clariant AG, DIC Corp, Huntsman Corp, Kronos Worldwide Inc, Lanxess AG |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.2% of the global dyes and pigments 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 38,598.2 million by 2030.
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Dyes And Pigments Market Scope
Dyes And Pigments Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America dyes and pigments 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 dyes and pigments market will help companies and investors design strategic landscapes.
Dyes was the largest segment with a revenue share of 71.56% in 2023. Horizon Databook has segmented the Latin America dyes and pigments market based on dyes, pigments covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of the dyes and pigments market in Central & South America is being driven by the expanding construction industry. In countries such as Brazil, Mexico, and Argentina, the governments are investing heavily in infrastructure development, including the construction of new housing projects, commercial buildings, and transportation systems.
There have been several investment and strategic initiatives by manufacturers in the Central & South America region aimed at driving growth in the dyes and pigments market. One of the major initiatives has been the expansion of production capacities and the establishment of new production facilities in the region.
Companies such as BASF, Clariant, and Huntsman Corporation have invested in the expansion of their production capacities in Central & South America, to meet the growing demand for high-quality dyes and pigments in the region.
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Our clientele includes a mix of dyes and pigments 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 dyes and pigments market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America dyes and pigments market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America dyes and pigments market size, by country, 2018-2030 (US$M)
Latin America Dyes And Pigments Market Outlook Share, 2023 & 2030 (US$M)
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