Latin America Metal Keystock Market Size & Outlook
Latin America metal keystock market, 2018-2030 (US$M)
Related Markets
Latin America metal keystock market highlights
- The Latin America metal keystock market generated a revenue of USD 2.3 million in 2023.
- The market is expected to grow at a CAGR of 4% from 2024 to 2030.
- In terms of segment, steel was the largest revenue generating material in 2023.
- Steel is the most lucrative material 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 2.3 million |
| Market revenue in 2030 | USD 3.0 million |
| Growth rate | 4% (CAGR from 2023 to 2030) |
| Largest segment | Steel |
| Fastest growing segment | Steel |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Steel, Aluminum, Brass |
| Key market players worldwide | Ruland, Purvis Industries, G.L. Huyett, MW Industries, G&G Manufacturing Company |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.0% of the global metal keystock 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 20.6 million by 2030.
Steel was the largest segment with a revenue share of 69.57% in 2023. Horizon Databook has segmented the Latin America metal keystock market based on steel, aluminum, brass covering the revenue growth of each sub-segment from 2018 to 2030.
However, the economic growth of Central & South America is expected to be constrained by several domestic and external factors. Factors such as the uncertainty with respect to the economic policy and reforms in Brazil and recent social unrest in various countries of the region.
Including Colombia, Chile, Bolivia, and Ecuador, are expected to have a negative impact on the economic growth of the Central & South America.
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Metal Keystock Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America metal keystock market size, by country, 2018-2030 (US$M)
Latin America Metal Keystock Market Outlook Share, 2023 & 2030 (US$M)
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