Latin America Injection Molding Market Size & Outlook
Latin America injection molding market, 2018-2030 (US$M)
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Latin America injection molding market highlights
- The Latin America injection molding market generated a revenue of USD 19,977.8 million in 2022.
- The market is expected to grow at a CAGR of 5.1% from 2023 to 2030.
- In terms of segment, plastics was the largest revenue generating material in 2022.
- Metal is the most lucrative material 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 19,977.8 million |
| Market revenue in 2030 | USD 29,831.0 million |
| Growth rate | 5.1% (CAGR from 2022 to 2030) |
| Largest segment | Plastics |
| Fastest growing segment | Metal |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plastics, Metal, Other Material |
| Key market players worldwide | Biomerics, Proto Labs Inc, C&J Industries, Inc, All-Plastics, HTI Plastics, The Rodon Group, EVCO Plastics, Tessy Plastics Corporation, Currier Plastics, Formplast, H&K Müller, Hehnke, TR PLAST GROUP |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.3% of the global injection molding 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 170,490.2 million by 2030.
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Injection Molding Market Scope
Injection Molding Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America injection molding 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 injection molding market will help companies and investors design strategic landscapes.
Plastics was the largest segment with a revenue share of 98.17% in 2022. Horizon Databook has segmented the Latin America injection molding market based on plastics, metal, other material covering the revenue growth of each sub-segment from 2018 to 2030.
Central & South American countries such as Brazil, Peru, and Argentina have started economic revival as manufacturing net exports have returned to the pre-pandemic levels, while consumption and investments are lagging.
Factors such as the influx of remittances, increasing food costs, and effective governmental assistance in terms of economic aid have helped the economies to improve their GDP growth. Furthermore, the U.S.-China trade war is translating into healthy growth for the region.
Columbia, Brazil, and Argentina are emerging as investment hubs for overseas investors. Furthermore, the respective governments are focusing on internal development through projects such as building special economic zones for more robust economic growth.
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Our clientele includes a mix of injection molding market companies, investment firms, advisory firms & academic institutions.
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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 injection molding market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America injection molding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America injection molding market size, by country, 2018-2030 (US$M)
Latin America Injection Molding Market Outlook Share, 2022 & 2030 (US$M)
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