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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)

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Latin

Related Markets

Global Polymer Binders Industry Outlook

North America Polymer Binders Market Outlook

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MEA Polymer Binders Market Outlook

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 2023USD 2,474.2 million
Market revenue in 2030USD 3,938.9 million
Growth rate6.9% (CAGR from 2023 to 2030)
Largest segmentAcrylic
Fastest growing segmentAcrylic
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAcrylic
Key market players worldwideBasf 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
Type
Acrylic
Vinyl Acetate
Latex
Polyurethane
Polyester
Others
Form
Powder
Liquid
High Solids
Application
Paints & Coatings
Adhesives
Textiles
Construction
Others
Regions
Latin America
Europe
North America
Middle East & Africa
Asia Pacific
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

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