Latin America Pigment Dispersion Market Size & Outlook
Latin America pigment dispersion market, 2018-2030 (US$M)
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Latin America pigment dispersion market highlights
- The Latin America pigment dispersion market generated a revenue of USD 2,532.2 million in 2023.
- The market is expected to grow at a CAGR of 3% from 2024 to 2030.
- In terms of segment, inorganic pigments was the largest revenue generating product in 2023.
- Inorganic Pigments is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 2,532.2 million |
| Market revenue in 2030 | USD 3,116.9 million |
| Growth rate | 3% (CAGR from 2023 to 2030) |
| Largest segment | Inorganic pigments |
| Fastest growing segment | Inorganic Pigments |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Inorganic Pigments, Organic Pigments |
| Key market players worldwide | AAON Inc, Basf SE, Clariant AG, Dainichiseika Color & Chemicals Mfg Co Ltd, FLINT Corp., DIC Corp, Solvay SA, Altana AI, Heidelberger Druckmaschinen AG, Avient Corp |
Other key industry trends
- In terms of revenue, Latin America region accounted for 9.8% of the global pigment dispersion 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 13,685.1 million by 2030.
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Pigment Dispersion Market Scope
Pigment Dispersion Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America pigment dispersion 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 pigment dispersion market will help companies and investors design strategic landscapes.
Inorganic pigments was the largest segment with a revenue share of 56.79% in 2023. Horizon Databook has segmented the Latin America pigment dispersion market based on inorganic pigments, organic pigments covering the revenue growth of each sub-segment from 2018 to 2030.
The construction industry in Central & South America is likely to witness significant growth on account of growing investments in infrastructure projects. The economies contributing significantly to the regional growth include Argentina, Brazil, Chile, Colombia, and Peru.
The growing infrastructural activities, coupled with growth in automotive and cosmetics & personal care industries are expected to augment the demand for engineering plastics in the construction sector thus driving the pigment dispersion market.
The demand for pigment dispersion is expected to surge in Brazil and Argentina in the coming years owing to the growing demand for automobiles in these countries. According to the International Organization of Motor Vehicle Manufacturers, Argentina and Brazil witnessed an increase of 24% and 5%, respectively in their automobile production in 2022 compared to 2021.
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Our clientele includes a mix of pigment dispersion 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 pigment dispersion market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America pigment dispersion market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America pigment dispersion market size, by country, 2018-2030 (US$M)
Latin America Pigment Dispersion Market Outlook Share, 2023 & 2030 (US$M)
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