Latin America Polymer Binders Market Size & Outlook
The polymer binders market in Latin America is expected to reach a projected revenue of US$ 3,938.9 million by 2030. A compound annual growth rate of 6.9% is expected of Latin America polymer binders market from 2024 to 2030.
Revenue, 2023 (US$M)
$2,474.2
Forecast, 2030 (US$M)
$3,938.9
CAGR, 2024 - 2030
6.9%
Report Coverage
Latin America
Latin America polymer binders market, 2018-2030 (US$M)
Latin America polymer binders market highlights
- The Latin America polymer binders market generated a revenue of USD 2,474.2 million in 2023.
- The market is expected to grow at a CAGR of 6.9% from 2024 to 2030.
- In terms of segment, acrylic was the largest revenue generating type in 2023.
- Acrylic is the most lucrative type segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 2,474.2 million |
| Market revenue in 2030 | USD 3,938.9 million |
| Growth rate | 6.9% (CAGR from 2023 to 2030) |
| Largest segment | Acrylic |
| Fastest growing segment | Acrylic |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Acrylic |
| Key market players worldwide | Basf SE ADR, Wacker Chemie AG, OMNOVA Solutions, Inc., Celanese Corp Class A, Arkema SA, Dairen Chemical Corporation, Toagosei, Weifang Yingsheng Chemicals Co., Mayfairsilk, Vinavil, The Lubrizol Corp |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.3% of the global polymer binders 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 22,908.1 million by 2030.
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Polymer Binders Market Scope
Polymer binders market segmentation & scope
Form
Powder
Liquid
High Solids
Application
Paints & Coatings
Adhesives
Textiles
Construction
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Netherlands
Denmark
China
India
Japan
South Korea
Indonesia
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Polymer Binders Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America polymer binders market
Related regional statistics
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