Latin America Medical Polymers Market Size & Outlook
Latin America medical polymers market, 2019-2030 (US$M)
Related Markets
Latin America medical polymers market highlights
- The Latin America medical polymers market generated a revenue of USD 1,041.7 million in 2022.
- The market is expected to grow at a CAGR of 7.4% from 2023 to 2030.
- In terms of segment, fibers & resins was the largest revenue generating product in 2022.
- Biodegradable Polymers is the most lucrative product 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 1,041.7 million |
| Market revenue in 2030 | USD 1,845.8 million |
| Growth rate | 7.4% (CAGR from 2022 to 2030) |
| Largest segment | Fibers & resins |
| Fastest growing segment | Biodegradable Polymers |
| Historical data covered | 2019 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fibers & Resins, Medical Elastomers, Biodegradable Polymers |
| Key market players worldwide | Basf SE, Cargill, Covestro AG, Celanese Corp Class A, Eastman Chemical Co, Evonik Industries AG, Dow Inc, Exxon Mobil Corp, Arkema SA, Koninklijke DSM NV, Formosa Plastics Group, SABIC, Trinseo PLC |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.2% of the global medical polymers market in 2022.
- 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 9,188.3 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Medical Polymers Market Scope
Medical Polymers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America medical polymers 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 polymers market will help companies and investors design strategic landscapes.
Fibers & resins was the largest segment with a revenue share of 80.44% in 2022. Horizon Databook has segmented the Latin America medical polymers market based on fibers & resins, medical elastomers, biodegradable polymers covering the revenue growth of each sub-segment from 2019 to 2030.
Across the Central & South American region, healthcare spending is expected to rise gradually during the upcoming years. The governments are undertaking several regional initiatives to improve public healthcare systems amid budget constraints.
Several steps are also being taken to attract higher private investments in the region's healthcare sector to improve healthcare infrastructures in Brazil, Argentina, Colombia, and Venezuela. Political instability, declining consumer confidence due to COVID-19 impact, and monetary tightening have had adverse effects on the Brazilian economy, affecting the country's healthcare sector.
Rising Omicron variant coronavirus positive cases in Brazil, Argentina, Chile, Colombia, and others are propelling the demand for medical components such as ventilators, testing equipment, masks, medical bags, beds, gloves, and medical containers in the region.
Reasons to subscribe to Latin America medical polymers market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Latin America medical polymers market databook
-
Our clientele includes a mix of medical polymers 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.).
-
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 polymers market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America medical polymers market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America medical polymers market size, by country, 2019-2030 (US$M)
Latin America Medical Polymers Market Outlook Share, 2022 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
