Latin America Microplastic Recycling Market Size & Outlook
Latin America microplastic recycling market, 2018-2030 (US$M)
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Latin America microplastic recycling market highlights
- The Latin America microplastic recycling market generated a revenue of USD 14.3 million in 2023.
- The market is expected to grow at a CAGR of 8.4% from 2024 to 2030.
- In terms of segment, secondary was the largest revenue generating product in 2023.
- Primary 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 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 14.3 million |
| Market revenue in 2030 | USD 25.3 million |
| Growth rate | 8.4% (CAGR from 2023 to 2030) |
| Largest segment | Secondary |
| Fastest growing segment | Primary |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Primary, Secondary |
| Key market players worldwide | Carbios SA, PureCycle Technologies Inc Ordinary Shares, Calix Inc, Planet Labs PBC, Ocean Biomedical Inc, Ioniqa Technologies, PolyGone Systems, Inc, ECOFARIO, Oceanworks, Matter. |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.1% of the global microplastic recycling market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 25.3 million by 2030.
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Microplastic Recycling Market Scope
Microplastic Recycling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America microplastic recycling 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 microplastic recycling market will help companies and investors design strategic landscapes.
Secondary was the largest segment with a revenue share of 78.32% in 2023. Horizon Databook has segmented the Latin America microplastic recycling market based on primary, secondary covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of microplastic recycling market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America microplastic recycling market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America microplastic recycling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America microplastic recycling market size, by country, 2018-2030 (US$M)
Latin America Microplastic Recycling Market Outlook Share, 2023 & 2030 (US$M)
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