Latin America Hybrid Composites Market Size & Outlook

The hybrid composites market in Latin America is expected to reach a projected revenue of US$ 139.7 million by 2027. A compound annual growth rate of 14.1% is expected of Latin America hybrid composites market from 2020 to 2027.
Revenue, 2019 (US$M)
$48.5
Forecast, 2027 (US$M)
$139.7
CAGR, 2020 - 2027
14.1%
Report Coverage
Latin America

Latin America hybrid composites market highlights

  • The Latin America hybrid composites market generated a revenue of USD 48.5 million in 2019.
  • The market is expected to grow at a CAGR of 14.1% from 2020 to 2027.
  • In terms of segment, carbon/glass was the largest revenue generating fiber type in 2019.
  • Carbon/Glass is the most lucrative fiber type segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2020 to 2027.

Latin America data book summary

Market revenue in 2019USD 48.5 million
Market revenue in 2027USD 139.7 million
Growth rate14.1% (CAGR from 2019 to 2027)
Largest segmentCarbon/glass
Fastest growing segmentCarbon/Glass
Historical data covered2016 - 2018
Base year for estimation2019
Forecast period covered2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationCarbon/Glass, Carbon/Aramid, HMPP, UHMWPE
Key market players worldwideTeijin Ltd, DSM, Hexcel Corp, Solvay SA

Other key industry trends

  • In terms of revenue, Latin America region accounted for 9.1% of the global hybrid composites market in 2019.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2027.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 435.7 million by 2027.

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Hybrid Composites Market Companies

Name Profile # Employees HQ Website

Latin America hybrid composites 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 hybrid composites market will help companies and investors design strategic landscapes.


Carbon/glass was the largest segment with a revenue share of 38.14% in 2019. Horizon Databook has segmented the Latin America hybrid composites market based on carbon/glass, carbon/aramid, hmpp, uhmwpe covering the revenue growth of each sub-segment from 2016 to 2027.


  • Latin America Hybrid Composites Fiber Type Outlook (Revenue, USD Million, 2016-2027)
    • Carbon/Glass
    • Carbon/Aramid
    • HMPP
    • UHMWPE
    • Others
  • Latin America Hybrid Composites Resin Type Outlook (Revenue, USD Million, 2016-2027)
    • Thermoset
    • Thermoplastic
  • Latin America Hybrid Composites End-Use Outlook (Revenue, USD Million, 2016-2027)
    • Automotive & Transportation
    • Aerospace & Defense
    • Wind Energy
    • Marine
    • Sporting Goods
    • Others

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Target buyers of Latin America hybrid composites market databook

  • Our clientele includes a mix of hybrid composites market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America hybrid composites market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America hybrid composites market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Latin America hybrid composites market size, by country, 2016-2027 (US$M)

Latin America Hybrid Composites Market Outlook Share, 2019 & 2027 (US$M)

Latin America hybrid composites market size, by country, 2016-2027 (US$M)

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