Latin America Medical Elastomers Market Size & Outlook
Latin America medical elastomers market, 2018-2030 (US$M)
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Latin America medical elastomers market highlights
- The Latin America medical elastomers market generated a revenue of USD 210.2 million in 2023.
- The market is expected to grow at a CAGR of 11.9% from 2024 to 2030.
- In terms of segment, thermoplastic elastomer was the largest revenue generating type in 2023.
- Thermoplastic Elastomer is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 210.2 million |
| Market revenue in 2030 | USD 462.7 million |
| Growth rate | 11.9% (CAGR from 2023 to 2030) |
| Largest segment | Thermoplastic elastomer |
| Fastest growing segment | Thermoplastic Elastomer |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Thermoplastic Elastomer, Thermoset Elastomer |
| Key market players worldwide | Basf SE, Dow Inc, DuPont de Nemours Inc, DSM Firmenich AG, Kuraray Co Ltd, Teknor Apex, L.B. Foster Co Class A, Hexpol AB Class B, Trelleborg AB Class B, Celanese Corp Class A, Solvay SA, Kraton Performance Polymers, Momentive, Avient Corp, Biomerics |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.0% of the global medical elastomers market in 2023.
- Globally, North America 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 2,622.7 million by 2030.
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Medical Elastomers Market Scope
Medical Elastomers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America medical elastomers 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 medical elastomers market will help companies and investors design strategic landscapes.
Thermoplastic elastomer was the largest segment with a revenue share of 69.22% in 2023. Horizon Databook has segmented the Latin America medical elastomers market based on thermoplastic elastomer, thermoset elastomer covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Medical Elastomers Type Outlook (Revenue, USD Million, 2018-2030)
- Thermoplastic Elastomer
- Thermoset Elastomer
- Latin America Medical Elastomers Application Outlook (Revenue, USD Million, 2018-2030)
- Medical Tubes
- Medical Bags
- Catheters
- Syringes
- Implants
- Gloves
- Others
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Target buyers of Latin America medical elastomers market databook
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Our clientele includes a mix of medical elastomers market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America medical elastomers market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America medical elastomers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America medical elastomers market size, by country, 2018-2030 (US$M)
Latin America Medical Elastomers Market Outlook Share, 2023 & 2030 (US$M)
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