Latin America Filtration And Drying Equipment Market Size & Outlook
Latin America filtration and drying equipment market, 2018-2030 (US$M)
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Latin America filtration and drying equipment market highlights
- The Latin America filtration and drying equipment market generated a revenue of USD 88.3 million in 2023.
- The market is expected to grow at a CAGR of 9.1% from 2024 to 2030.
- In terms of segment, agitated nutsche filter-dyers (anfd) was the largest revenue generating technology in 2023.
- Agitated Nutsche Filter-Dyers (ANFD) is the most lucrative technology 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 88.3 million |
| Market revenue in 2030 | USD 162.4 million |
| Growth rate | 9.1% (CAGR from 2023 to 2030) |
| Largest segment | Agitated nutsche filter-dyers (anfd) |
| Fastest growing segment | Agitated Nutsche Filter-Dyers (ANFD) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Centrigues, Agitated Nutsche Filter-Dyers (ANFD) |
| Key market players worldwide | GMM Pfaudler, Hle Glascoat, Alfa Laval AB, GEA Group AG, Ferrum, Andritz AG |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.3% of the global filtration and drying equipment 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 1,080.6 million by 2030.
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Filtration And Drying Equipment Market Scope
Filtration And Drying Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America filtration and drying equipment 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 filtration and drying equipment market will help companies and investors design strategic landscapes.
Agitated nutsche filter-dyers (anfd) was the largest segment with a revenue share of 51.53% in 2023. Horizon Databook has segmented the Latin America filtration and drying equipment market based on centrigues, agitated nutsche filter-dyers (anfd) covering the revenue growth of each sub-segment from 2018 to 2030.
The economic development levels and economic strengths of Central and South American countries vary greatly. Brazil and Argentina have the fastest-growing economies among them. These two countries account for roughly two-thirds of the total GDP of the South American countries.
Steel, automobiles, chemicals, rubber, electrical appliances, metal products, machinery, and equipment are among the fastest-growing sectors in the Central and South American economy, with steel, automobiles, chemicals, rubber, electrical appliances, metal products, machinery, and equipment achieving significant strength.
The aforementioned factors are propelling the filtration & drying equipment market in the region. The pharmaceutical industry in Central and South America is becoming more concentrated and specialized, with increasing alliances between multinational corporations and domestically owned businesses.
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Our clientele includes a mix of filtration and drying equipment market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America filtration and drying equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America filtration and drying equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America filtration and drying equipment market size, by country, 2018-2030 (US$M)
Latin America Filtration And Drying Equipment Market Outlook Share, 2023 & 2030 (US$M)
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