Latin America Hollow Fiber Membrane Market Size & Outlook
The hollow fiber membrane market in Latin America is expected to reach a projected revenue of US$ 197.2 million by 2030. A compound annual growth rate of 13.4% is expected of Latin America hollow fiber membrane market from 2023 to 2030.
Revenue, 2022 (US$M)
$71.9
Forecast, 2030 (US$M)
$197.2
CAGR, 2023 - 2030
13.4%
Report Coverage
Latin America
Latin America hollow fiber membrane market, 2018-2030 (US$M)
Related Markets
Latin America hollow fiber membrane market highlights
- The Latin America hollow fiber membrane market generated a revenue of USD 71.9 million in 2022.
- The market is expected to grow at a CAGR of 13.4% from 2023 to 2030.
- In terms of segment, water & wastewater treatment was the largest revenue generating application in 2022.
- Food & Beverage Processing is the most lucrative application 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 71.9 million |
| Market revenue in 2030 | USD 197.2 million |
| Growth rate | 13.4% (CAGR from 2022 to 2030) |
| Largest segment | Water & wastewater treatment |
| Fastest growing segment | Food & Beverage Processing |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Water & Wastewater Treatment, Industry Processing, Food & Beverage Processing, Pharmaceutical & Medical |
| Key market players worldwide | Sartorius AG, Repligen Corp, Danaher Corp, Merck KGaA, Asahi Kasei Corp, Parker Hannifin Corp, Cole-Parmer, Sterlitech Corporation, Synder Filtration, Meissner |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.2% of the global hollow fiber membrane market in 2022.
- 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 1,226.7 million by 2030.
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Hollow Fiber Membrane Market Scope
Hollow fiber membrane market segmentation & scope
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Hollow Fiber Membrane Market Companies
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Latin America hollow fiber membrane market size, by country, 2018-2030 (US$M)
Latin America Hollow Fiber Membrane Market Outlook Share, 2022 & 2030 (US$M)
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