Latin America Medical Polyoxymethylene (pom) Market Size & Outlook
Latin America medical polyoxymethylene (pom) market, 2018-2030 (US$M)
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Latin America medical polyoxymethylene (pom) market highlights
- The Latin America medical polyoxymethylene (pom) market generated a revenue of USD 10.7 million in 2023.
- The market is expected to grow at a CAGR of 6% from 2024 to 2030.
- In terms of segment, copolymer pom was the largest revenue generating type in 2023.
- Copolymer POM 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 10.7 million |
| Market revenue in 2030 | USD 16.1 million |
| Growth rate | 6% (CAGR from 2023 to 2030) |
| Largest segment | Copolymer pom |
| Fastest growing segment | Copolymer POM |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Homopolymer POM, Copolymer POM |
| Key market players worldwide | Dow Inc, Celanese Corp Class A, DuPont de Nemours Inc, Daicel Corp, Asahi Kasei Corp, Mitsubishi Gas Chemical Co Inc, SABIC, Avient Corp, Clariant AG, Jet-Hot, Innovative Plastics, Korea Engineering Plastics Co., China National Bluestar Group, ICD High Performance Coatings |
Other key industry trends
- In terms of revenue, Latin America region accounted for 9.1% of the global medical polyoxymethylene (pom) 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 69.1 million by 2030.
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Medical Polyoxymethylene (POM) Market Scope
Medical Polyoxymethylene (POM) Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America medical polyoxymethylene (pom) 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 polyoxymethylene (pom) market will help companies and investors design strategic landscapes.
Copolymer pom was the largest segment with a revenue share of 64.49% in 2023. Horizon Databook has segmented the Latin America medical polyoxymethylene (pom) market based on homopolymer pom, copolymer pom covering the revenue growth of each sub-segment from 2018 to 2030.
Central & South America is characterized by rapid urbanization, increasing healthcare expenditure, and growing middle-income groups with individual countries exhibiting varying levels of economic development.
The expanding middle-class population is driving the demand for better quality healthcare services, including advanced medical treatments and technologies. Also, the rising prevalence of chronic diseases such as diabetes, heart disease, and cancer is creating a need for medical devices for diagnosis, treatment, and management.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America medical polyoxymethylene (pom) market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America medical polyoxymethylene (pom) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America medical polyoxymethylene (pom) market size, by country, 2018-2030 (US$M)
Latin America Medical Polyoxymethylene (POM) Market Outlook Share, 2023 & 2030 (US$M)
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