Latin America Hollow Fiber Filtration Market Size & Outlook
Latin America hollow fiber filtration market, 2018-2030 (US$M)
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Latin America hollow fiber filtration market highlights
- The Latin America hollow fiber filtration market generated a revenue of USD 46.5 million in 2023.
- The market is expected to grow at a CAGR of 12.4% from 2024 to 2030.
- In terms of segment, polyethersulfone (pes) was the largest revenue generating membrane material in 2023.
- Polyethersulfone (PES) is the most lucrative membrane material segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 46.5 million |
| Market revenue in 2030 | USD 105.3 million |
| Growth rate | 12.4% (CAGR from 2023 to 2030) |
| Largest segment | Polyethersulfone (pes) |
| Fastest growing segment | Polyethersulfone (PES) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polysulfone (PS), Mixed Cellulose Ester, Polyvinylidene Difluoride (PVDF), Polyethersulfone (PES) |
| Key market players worldwide | Sartorius AG, Repligen Corp, Danaher Corp, Merck KGaA, Asahi Kasei Corp, Parker Hannifin Corp, Cole-Parmer, Sterlite Technologies Ltd DR, Synder Filtration, Meissner |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.7% of the global hollow fiber filtration market in 2023.
- Globally, North America 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 396.4 million by 2030.
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Hollow Fiber Filtration Market Scope
Hollow Fiber Filtration Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America hollow fiber filtration 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 hollow fiber filtration market will help companies and investors design strategic landscapes.
Polyethersulfone (pes) was the largest segment with a revenue share of 36.34% in 2023. Horizon Databook has segmented the Latin America hollow fiber filtration market based on polysulfone (ps), mixed cellulose ester, polyvinylidene difluoride (pvdf), polyethersulfone (pes) covering the revenue growth of each sub-segment from 2018 to 2030.
The Latin America hollow fiber filtration market is primarily driven by rapidly emerging economies, such as Brazil and Mexico. The demand for hollow fiber filtration is being driven by the rising prevalence of chronic disorders and a rapidly aging population.
Furthermore, several governments in the region are working to improve pharmaceutical and healthcare infrastructure. As a result, the hollow fiber filtration market in the region is expected to grow in response to the increase in the number of patients seeking safer healthcare solutions.
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Our clientele includes a mix of hollow fiber filtration 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 hollow fiber filtration market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America hollow fiber filtration market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America hollow fiber filtration market size, by country, 2018-2030 (US$M)
Latin America Hollow Fiber Filtration Market Outlook Share, 2023 & 2030 (US$M)
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