Latin America Graphene Market Size & Outlook, 2023-2030
Latin America graphene market, 2018-2030 (US$M)
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Latin America graphene market highlights
- The Latin America graphene market generated a revenue of USD 8.0 million in 2023.
- The market is expected to grow at a CAGR of 32.1% from 2024 to 2030.
- In terms of segment, graphene oxide was the largest revenue generating product in 2023.
- Graphene Oxide 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 8.0 million |
| Market revenue in 2030 | USD 56.4 million |
| Growth rate | 32.1% (CAGR from 2023 to 2030) |
| Largest segment | Graphene oxide |
| Fastest growing segment | Graphene Oxide |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Graphene Nanoplatelets, Graphene Oxide, Reduced Graphene Oxide, Monolayer Graphene, Bulk Graphene, Other Products |
| Key market players worldwide | Applied Graphene Materials PLC, G6 Materials Corp, Talga Group Ltd, CVD Equipment Corp, Directa Plus PLC, Focus Graphite Inc, NanoXplore Inc, Haydale Graphene Industries PLC, Zentek Ltd, 2D Carbon Technology, Thomas Swan & Co, Graphensic, Graphene Square, AMO GmbH, ACS Material, Graphenea |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.1% of the global graphene 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 587.1 million by 2030.
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Graphene Market Scope
Graphene Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America graphene 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 graphene market will help companies and investors design strategic landscapes.
Graphene oxide was the largest segment with a revenue share of 47.5% in 2023. Horizon Databook has segmented the Latin America graphene market based on graphene nanoplatelets, graphene oxide, reduced graphene oxide, monolayer graphene, bulk graphene, other products covering the revenue growth of each sub-segment from 2018 to 2030.
The economic growth of Central & South America during the forecast period is expected to be constrained by several domestic and external factors. For instance, the uncertainty with respect to the economic policies and reforms in Brazil has renewed financial stress on Argentina.
Moreover, the recent social unrest in various countries such as Colombia, Chile, Bolivia, and Ecuador is expected to have a negative impact on the economic growth of the region. Graphene is used in the automotive, medical, aerospace, defense, and textiles industries, as well as in concrete and tires.
The automotive industry in Argentina, Brazil, and Colombia is transforming in terms of technologies used in response to the alterations in the market conditions. As these countries adjust to international trends and consumer demands, the automotive industry is expected to be a major factor in the development of their economies in the foreseeable future.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America graphene market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America graphene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America graphene market size, by country, 2018-2030 (US$M)
Latin America Graphene Market Outlook Share, 2023 & 2030 (US$M)
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