Latin America Plastics In Consumer Electronics Market Size & Outlook
Latin America plastics in consumer electronics market, 2017-2028 (US$M)
Related Markets
Latin America plastics in consumer electronics market highlights
- The Latin America plastics in consumer electronics market generated a revenue of USD 145.6 million in 2021.
- The market is expected to grow at a CAGR of 3.8% from 2022 to 2028.
- In terms of segment, polyamides was the largest revenue generating product in 2021.
- Bio-based Polycarbonate Resin 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 2022 to 2028.
Latin America data book summary
| Market revenue in 2021 | USD 145.6 million |
| Market revenue in 2028 | USD 189.2 million |
| Growth rate | 3.8% (CAGR from 2021 to 2028) |
| Largest segment | Polyamides |
| Fastest growing segment | Bio-based Polycarbonate Resin |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polycarbonate (PC), Liquid Crystal Polymers (LCP), PC/ABS Glass Filled Resins, Bio-based Polycarbonate Resin, Thermoplastic Elastomers, Polyamides |
| Key market players worldwide | Trinseo PLC, Covestro AG, Celanese Corp Class A, SABIC, Lotte Chemical, LG Chem, Mitsubishi Chemical Group Corp, Samsung SDI Co Ltd GDR - 144A, Koninklijke DSM NV |
Other key industry trends
- In terms of revenue, Latin America region accounted for 2.5% of the global plastics in consumer electronics market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,282.7 million by 2028.
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
Plastics In Consumer Electronics Market Scope
Plastics In Consumer Electronics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America plastics in consumer electronics 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 plastics in consumer electronics market will help companies and investors design strategic landscapes.
Polyamides was the largest segment with a revenue share of 29.4% in 2021. Horizon Databook has segmented the Latin America plastics in consumer electronics market based on polycarbonate (pc), liquid crystal polymers (lcp), pc/abs glass filled resins, bio-based polycarbonate resin, thermoplastic elastomers, polyamides covering the revenue growth of each sub-segment from 2017 to 2028.
Central & South America witnessed a significant growth in home appliances over the past few years owing to high investments in the manufacturing sector of the country, which is likely to have a positive impact on the plastics market over the forecast period.
The region has a fast-growing market for electronics and consumer electronic plastics market, owing to the growing urbanization, increasing spending capacities of consumers and growth of the consumer electronics sector in Brazil and Argentina. Argentina is one of the key markets for manufacturing household appliances in the world.
Among the total white goods consumed in the country, over 80% are manufactured in Argentina itself. Initiatives taken by the government of Argentina to boost its manufacturing sector are expected to drive manufacturing activities in the region, which, in turn, is expected to have a positive impact on the plastics industry growth over the forecast period.
Reasons to subscribe to Latin America plastics in consumer electronics 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 plastics in consumer electronics market databook
-
Our clientele includes a mix of plastics in consumer electronics 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 plastics in consumer electronics market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America plastics in consumer electronics market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America plastics in consumer electronics market size, by country, 2017-2028 (US$M)
Latin America Plastics In Consumer Electronics Market Outlook Share, 2021 & 2028 (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
