Latin America Naphthalene Market Size & Outlook, 2023-2030
Latin America naphthalene market, 2018-2030 (US$M)
Related Markets
Latin America naphthalene market highlights
- The Latin America naphthalene market generated a revenue of USD 21.1 million in 2023.
- The market is expected to grow at a CAGR of 1.7% from 2024 to 2030.
- In terms of segment, refined naphthalene was the largest revenue generating product in 2023.
- Refined Naphthalene 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 21.1 million |
| Market revenue in 2030 | USD 23.8 million |
| Growth rate | 1.7% (CAGR from 2023 to 2030) |
| Largest segment | Refined naphthalene |
| Fastest growing segment | Refined Naphthalene |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Technical Naphthalene, Refined Naphthalene, Pure Naphthalene |
Other key industry trends
- In terms of revenue, Latin America region accounted for 1.3% of the global naphthalene 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 1,289.7 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
Naphthalene Market Scope
Naphthalene Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America naphthalene 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 naphthalene market will help companies and investors design strategic landscapes.
Refined naphthalene was the largest segment with a revenue share of 61.61% in 2023. Horizon Databook has segmented the Latin America naphthalene market based on technical naphthalene, refined naphthalene, pure naphthalene covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for naphthalene in Central and South America is mainly driven by its use in construction materials, particularly as a component in concrete admixtures. The construction sector is experiencing significant growth, especially in countries like Brazil and Argentina, where infrastructure development is a top priority.
Naphthalene sulfonates are widely used to improve the performance and durability of concrete, making them essential in this thriving sector. Substantial new investments in housing and public works are set to boost infrastructure growth in Colombia, which will in turn increase the demand for the product over the next seven years.
The Bogota Urban Renewal project includes 50 skyscrapers, 500 high rises, a subway system, and a smart city, all aimed at establishing Bogota as the technological, financial, and industrial capital of the region.
Reasons to subscribe to Latin America naphthalene 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 naphthalene market databook
-
Our clientele includes a mix of naphthalene 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 naphthalene market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America naphthalene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America naphthalene market size, by country, 2018-2030 (US$M)
Latin America Naphthalene Market Outlook Share, 2023 & 2030 (US$M)
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
