Latin America Epoxy Composite Market Size & Outlook
Latin America epoxy composite market, 2017-2028 (US$M)
Related Markets
Latin America epoxy composite market highlights
- The Latin America epoxy composite market generated a revenue of USD 1,644.5 million in 2020.
- The market is expected to grow at a CAGR of 5.6% from 2021 to 2028.
- In terms of segment, glass fiber was the largest revenue generating fiber type in 2020.
- Carbon Fiber is the most lucrative fiber type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2021 to 2028.
Latin America data book summary
| Market revenue in 2020 | USD 1,644.5 million |
| Market revenue in 2028 | USD 2,534.4 million |
| Growth rate | 5.6% (CAGR from 2020 to 2028) |
| Largest segment | Glass fiber |
| Fastest growing segment | Carbon Fiber |
| Historical data covered | 2017 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Glass Fiber, Carbon Fiber, Other Fibers |
| Key market players worldwide | Teijin Ltd, Toray Industries Inc, Huntsman Corp, SGL Group, Hexcel Corp, Solvay SA, Park Aerospace Corp, Arkema SA, Avient Corp, Olin Corp |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.8% of the global epoxy composite market in 2020.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 22,217.8 million by 2028.
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Epoxy Composite Market Scope
Epoxy Composite Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America epoxy composite 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 epoxy composite market will help companies and investors design strategic landscapes.
Glass fiber was the largest segment with a revenue share of 58.51% in 2020. Horizon Databook has segmented the Latin America epoxy composite market based on glass fiber, carbon fiber, other fibers covering the revenue growth of each sub-segment from 2017 to 2028.
The Central and South America is a region with a number of countries having economic complexities. The countries in CSA are basically export driven and they generally export agricultural products and natural resources including metals and petroleum.
Cheap commodity prices, capital flight, and volatility in local currency markets sometimes lead to fluctuations in the economic state. The CSA economy is highly dependent on agriculture and mining. However, infrastructure development is a key sector which is witnessing substantial growth in recent times.
Countries in the CSA region including Brazil and Argentina have taken initiatives to make partnerships with the private sector to enhance infrastructure developments. Owing to the presence of rich natural resources.
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Target buyers of Latin America epoxy composite market databook
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Our clientele includes a mix of epoxy composite market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America epoxy composite market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America epoxy composite market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Latin America epoxy composite market size, by country, 2017-2028 (US$M)
Latin America Epoxy Composite Market Outlook Share, 2020 & 2028 (US$M)
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