Latin America Polyhydroxyalkanoates Market Size & Outlook
The polyhydroxyalkanoates market in Latin America is expected to reach a projected revenue of US$ 57.3 million by 2030. A compound annual growth rate of 9.3% is expected of Latin America polyhydroxyalkanoates market from 2024 to 2030.
Revenue, 2023 (US$M)
$30.7
Forecast, 2030 (US$M)
$57.3
CAGR, 2024 - 2030
9.3%
Report Coverage
Latin America
Latin America polyhydroxyalkanoates market, 2018-2030 (US$M)
Latin America polyhydroxyalkanoates market highlights
- The Latin America polyhydroxyalkanoates market generated a revenue of USD 30.7 million in 2023.
- The market is expected to grow at a CAGR of 9.3% from 2024 to 2030.
- In terms of segment, short chain length was the largest revenue generating type in 2023.
- Short Chain Length is the most lucrative type segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 30.7 million |
| Market revenue in 2030 | USD 57.3 million |
| Growth rate | 9.3% (CAGR from 2023 to 2030) |
| Largest segment | Short chain length |
| Fastest growing segment | Short Chain Length |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Short Chain Length |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.7% of the global polyhydroxyalkanoates market in 2023.
- Globally, Europe 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 297.3 million by 2030.
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Polyhydroxyalkanoates Market Scope
Polyhydroxyalkanoates market segmentation & scope
End Use
Packaging
Agriculture
Textiles
Consumer Goods
Others
Countries
Canada
Mexico
U.S.
Germany
UK
Italy
Spain
France
China
India
Japan
South Korea
Taiwan
Argentina
Brazil
Saudi Arabia
South Africa
UAE
Polyhydroxyalkanoates Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America polyhydroxyalkanoates market
Related regional statistics
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