Latin America Polyethylene Market Size & Outlook
Latin America polyethylene market, 2018-2030 (US$M)
Related Markets
Latin America polyethylene market highlights
- The Latin America polyethylene market generated a revenue of USD 11,948.2 million in 2022.
- The market is expected to grow at a CAGR of 1.3% from 2023 to 2030.
- In terms of segment, packaging was the largest revenue generating end use in 2022.
- AUTOMOTIVE is the most lucrative end use 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 11,948.2 million |
| Market revenue in 2030 | USD 13,279.0 million |
| Growth rate | 1.3% (CAGR from 2022 to 2030) |
| Largest segment | Packaging |
| Fastest growing segment | AUTOMOTIVE |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PACKAGING, CONSTRUCTION, ELECTRICAL & ELECTRONICS, AUTOMOTIVE, MEDICAL, OTHER END USES |
| Key market players worldwide | Basf SE, Borealis Exploration Ltd, Braskem SA ADR, Dow Inc, Exxon Mobil Corp, LyondellBasell Industries NV Class A, Mitsubishi Chemical Group Corp, China Petroleum & Chemical Corp Class H, Formosa Plastics Group, LG Chem, MOL Group, INEOS, SABIC |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.8% of the global polyethylene 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 86,775.8 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
Polyethylene Market Scope
Polyethylene Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America polyethylene 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 polyethylene market will help companies and investors design strategic landscapes.
Packaging was the largest segment with a revenue share of 42.06% in 2022. Horizon Databook has segmented the Latin America polyethylene market based on packaging, construction, electrical & electronics, automotive, medical, other end uses covering the revenue growth of each sub-segment from 2018 to 2030.
The rise of e-commerce and changing consumer preferences in Central & South America are contributing to the demand for polyethylene in packaging applications. With the increasing trend of online shopping, there is a growing need for packaging materials that provide protection, flexibility, and cost-effectiveness.
As the awareness of environmental issues grows, there is an increasing emphasis on adopting eco-friendly practices and materials. Polyethylene manufacturers are exploring options such as bio-based polyethylene and recycling initiatives to align with sustainability goals.
The push for circular economy principles and incorporating recycled content in polyethylene products are gaining traction, driven by regulatory requirements and consumer preferences. Government initiatives and policies supporting industrial growth and foreign investments contribute to a favorable business environment for the polyethylene market in Central & South America.
Reasons to subscribe to Latin America polyethylene 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 polyethylene market databook
-
Our clientele includes a mix of polyethylene 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 polyethylene market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America polyethylene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America polyethylene market size, by country, 2018-2030 (US$M)
Latin America Polyethylene Market Outlook Share, 2022 & 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
