Latin America Plastic Dielectric Films Market Size & Outlook
Latin America plastic dielectric films market, 2019-2030 (US$M)
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Latin America plastic dielectric films market highlights
- The Latin America plastic dielectric films market generated a revenue of USD 154.9 million in 2022.
- The market is expected to grow at a CAGR of 3.9% from 2023 to 2030.
- In terms of segment, pet was the largest revenue generating product in 2022.
- PET 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 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 154.9 million |
| Market revenue in 2030 | USD 210.3 million |
| Growth rate | 3.9% (CAGR from 2022 to 2030) |
| Largest segment | Pet |
| Fastest growing segment | PET |
| Historical data covered | 2019 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PET, PP, PTFE, PEN, PVDF & PPS |
| Key market players worldwide | DuPont Teijin Films, Jindal Films, Tervakoski Film, Coveme, Jindal Poly Films, Bollore SE, SABIC, Mitsubishi Chemical Group Corp, Toray Industries Inc, SK geo centric, Asahi Kasei Corp, Cosmo Energy Holdings Co Ltd |
Other key industry trends
- In terms of revenue, Latin America region accounted for 11.5% of the global plastic dielectric films market in 2022.
- 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 697.8 million by 2030.
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Plastic Dielectric Films Market Scope
Plastic Dielectric Films Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America plastic dielectric films 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 plastic dielectric films market will help companies and investors design strategic landscapes.
Pet was the largest segment with a revenue share of 44.29% in 2022. Horizon Databook has segmented the Latin America plastic dielectric films market based on pet, pp, ptfe, pen, pvdf & pps covering the revenue growth of each sub-segment from 2019 to 2030.
Central & South America is expected to witness substantial growth over the forecast period. Plastic dielectric films market is heavily dependent on petroleum industry for the procurement of raw materials such as ethylene glycol, terephthalic acid, and plastic polymers.
Countries, such as Brazil, Colombia, Venezuela, and Argentina, are some of the key producers of oil & gas in this region. For instance, the production of crude oil in Argentina reached up to 492 barrel per day in August 2018 up from 489 barrel per day in October 2017.
Thus, the availability of cheap labor, close proximity to raw material suppliers, and growing industrial manufacturing are further attracting the interests of investors in the region.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America plastic dielectric films market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America plastic dielectric films market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America plastic dielectric films market size, by country, 2019-2030 (US$M)
Latin America Plastic Dielectric Films Market Outlook Share, 2022 & 2030 (US$M)
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