Argentina Low Profile Additives Market Size & Outlook
Argentina low profile additives market, 2018-2030 (US$M)
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Argentina low profile additives market highlights
- The Argentina low profile additives market generated a revenue of USD 12.3 million in 2023 and is expected to reach USD 21.3 million by 2030.
- The Argentina market is expected to grow at a CAGR of 8.2% from 2024 to 2030.
- In terms of segment, polyvinyl acetate (pvac) was the largest revenue generating product in 2023.
- Polyvinyl Acetate (PVAc) is the most lucrative product segment registering the fastest growth during the forecast period.
Low profile additives market data book summary
| Market revenue in 2023 | USD 12.3 million |
| Market revenue in 2030 | USD 21.3 million |
| Growth rate | 8.2% (CAGR from 2023 to 2030) |
| Largest segment | Polyvinyl acetate (pvac) |
| Fastest growing segment | Polyvinyl Acetate (PVAc) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyvinyl Acetate (PVAc), Polymethyl methacrylate (PMMA), Polystyrene, Polyurethane, High Density Polyethylene |
| Key market players worldwide | Wacker Chemie AG, INEOS, Perfect Moment Ltd, Basf SE, Altana AI, Polychem Corporation, LyondellBasell Industries NV Class A, Imax Corp, Synthomer PLC, Advantagewon Oil Corp, NOF Corp |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.7% of the global low profile additives market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil low profile additives market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 60.3 million by 2030.
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Low Profile Additives Market Scope
Low Profile Additives Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina low profile additives 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 low profile additives market will help companies and investors design strategic landscapes.
Polyvinyl acetate (pvac) was the largest segment with a revenue share of 37.4% in 2023. Horizon Databook has segmented the Argentina low profile additives market based on polyvinyl acetate (pvac), polymethyl methacrylate (pmma), polystyrene, polyurethane, high density polyethylene covering the revenue growth of each sub-segment from 2018 to 2030.
Argentina is among the leading economies in Central & South America. Growing inter-industry trading relationships of the country with China and India are anticipated to fuel the growth of the manufacturing industry in Argentina. Low profile additives market in the country has significant growth potential as it displays high opportunities for investors in terms of domestic production of these additives.
Argentina has several global automobile companies as they have established their manufacturing units in the country over the past ten years. The major automotive companies in Argentina are Agrale, Chevrolet, Citroën, Fiat, Ford, Honda, Mercedes-Benz, Nissan, Peugeot, Renault, Toyota, and Volkswagen. The presence of these leading automotive manufacturers in the country is expected to propel the demand for low profile additives over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina low profile additives market , including forecasts for subscribers. This country databook contains high-level insights into Argentina low profile additives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina low profile additives market size, by product, 2018-2030 (US$M)
Argentina Low Profile Additives Market Outlook Share, 2023 & 2030 (US$M)
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