Latin America Laminar Composites Market Size & Outlook
The laminar composites market in Latin America is expected to reach a projected revenue of US$ 1,925.6 million by 2030. A compound annual growth rate of 5.7% is expected of Latin America laminar composites market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,307.1
Forecast, 2030 (US$M)
$1,925.6
CAGR, 2024 - 2030
5.7%
Report Coverage
Latin America
Latin America laminar composites market, 2018-2030 (US$M)
Latin America laminar composites market highlights
- The Latin America laminar composites market generated a revenue of USD 1,307.1 million in 2023.
- The market is expected to grow at a CAGR of 5.7% from 2024 to 2030.
- In terms of segment, brazing was the largest revenue generating manufacturing process in 2023.
- Brazing is the most lucrative manufacturing process segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 1,307.1 million |
| Market revenue in 2030 | USD 1,925.6 million |
| Growth rate | 5.7% (CAGR from 2023 to 2030) |
| Largest segment | Brazing |
| Fastest growing segment | Brazing |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Brazing |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.8% of the global laminar composites market in 2023.
- 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 17,546.8 million by 2030.
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Laminar Composites Market Scope
Laminar composites market segmentation & scope
Application
Automotive
Aerospace
Construction
Electrical & Electronics
Other Applications
Countries
Canada
Mexico
U.S.
UK
Germany
France
Italy
Spain
China
Japan
India
South Korea
Brazil
Saudi Arabia
Laminar Composites Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America laminar composites market
Related regional statistics
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