Latin America Nylon Market Size & Outlook, 2023-2030
Latin America nylon market, 2018-2030 (US$M)
Related Markets
Latin America nylon market highlights
- The Latin America nylon market generated a revenue of USD 1,663.0 million in 2023.
- The market is expected to grow at a CAGR of 7.5% from 2024 to 2030.
- In terms of segment, nylon 6 was the largest revenue generating product in 2023.
- Nylon 66 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 1,663.0 million |
| Market revenue in 2030 | USD 2,766.6 million |
| Growth rate | 7.5% (CAGR from 2023 to 2030) |
| Largest segment | Nylon 6 |
| Fastest growing segment | Nylon 66 |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Nylon 6, Nylon 66 |
| Key market players worldwide | Basf SE, Lanxess AG, Huntsman Corp, AdvanSix Inc, Ube Corp, Domo Chemicals, Toray Industries Inc, Ashley Services Group Ltd DR, Ascend Performance Materials, Toyobo Co Ltd, Goodfellow Inc |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.8% of the global nylon market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 1,682.3 million by 2030.
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Nylon Market Scope
Nylon Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America nylon 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 nylon market will help companies and investors design strategic landscapes.
Nylon 6 was the largest segment with a revenue share of 52.59% in 2023. Horizon Databook has segmented the Latin America nylon market based on nylon 6, nylon 66 covering the revenue growth of each sub-segment from 2018 to 2030.
Low penetration level is providing an opportunity to nylon manufacturers to start their operation in this region. The continued prosperity and optimism in Brazil provide huge growth opportunities for nylon firms in a highly competitive environment.
Additionally, the relatively low ownership levels of electrical and electronic goods are indicative of growth opportunities for electronics sector in the region. Growing application scope of nylon in electronics along with development in the electronics industry is creating a strong growth potential for nylon market.
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Target buyers of Latin America nylon market databook
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Our clientele includes a mix of nylon market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America nylon market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America nylon market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America nylon market size, by country, 2018-2030 (US$M)
Latin America Nylon Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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