Latin America Hindered Amine Light Stabilizers Market Size & Outlook
Latin America hindered amine light stabilizers market, 2018-2030 (US$M)
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Latin America hindered amine light stabilizers market highlights
- The Latin America hindered amine light stabilizers market generated a revenue of USD 96.5 million in 2022.
- The market is expected to grow at a CAGR of 7.2% from 2023 to 2030.
- In terms of segment, polymeric was the largest revenue generating type in 2022.
- Polymeric 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 96.5 million |
| Market revenue in 2030 | USD 168.1 million |
| Growth rate | 7.2% (CAGR from 2022 to 2030) |
| Largest segment | Polymeric |
| Fastest growing segment | Polymeric |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Monomeric, Oligomeric, Polymeric |
| Key market players worldwide | Adeka Corp, Arkema SA, Basf SE, Clariant AG, Everlight Chemical Industrial, Solvay SA, Chitec Technology, Double Bond Chemical Industry, Greenchemicals, Rianlon, Mayzo, Sabo |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.9% of the global hindered amine light stabilizers market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 709.5 million by 2030.
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Hindered Amine Light Stabilizers Market Scope
Hindered Amine Light Stabilizers Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America hindered amine light stabilizers 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 hindered amine light stabilizers market will help companies and investors design strategic landscapes.
Polymeric was the largest segment with a revenue share of 50.88% in 2022. Horizon Databook has segmented the Latin America hindered amine light stabilizers market based on monomeric, oligomeric, polymeric covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is one of the prominent markets for hindered amine light stabilizers (HALS) in the Central & South American region. The increasing population, development of urban cities, along with rapid industrialization, are expected to emerge as prime factors contributing to the increasing demand for HALS in the country.
According to the International Trade Investment, the overall infrastructure sector and construction sector in Argentina witnessed a strong contraction during the pandemic period, however, it started to bounce back to normal due to the presence of favorable government initiatives supporting small & large-scale infrastructure projects.
Additionally, the funding committed by the Inter-American Development Bank and World Bank of USD 4.56 billion and USD 3.30 billion, respectively in Central & South America, for infrastructure and construction activities is further expected to positively impact the market for HALS in the region.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America hindered amine light stabilizers market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America hindered amine light stabilizers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America hindered amine light stabilizers market size, by country, 2018-2030 (US$M)
Latin America Hindered Amine Light Stabilizers Market Outlook Share, 2022 & 2030 (US$M)
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