Latin America Polyphenylene Sulfide Market Size & Outlook
Latin America polyphenylene sulfide market, 2019-2030 (US$M)
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Latin America polyphenylene sulfide market highlights
- The Latin America polyphenylene sulfide market generated a revenue of USD 208.2 million in 2023.
- The market is expected to grow at a CAGR of 8.3% from 2024 to 2030.
- In terms of segment, linear pps was the largest revenue generating type in 2023.
- Linear PPS is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 208.2 million |
| Market revenue in 2030 | USD 363.4 million |
| Growth rate | 8.3% (CAGR from 2023 to 2030) |
| Largest segment | Linear pps |
| Fastest growing segment | Linear PPS |
| Historical data covered | 2019 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Linear PPS, Cured PPS, Branched PPS |
| Key market players worldwide | DIC Corp, Solvay SA, Idemitsu Kosan Co Ltd, Toray Industries Inc, Tosoh Corp, Celanese Corp Class A, Teijin Ltd, SABIC, LG Chem, Miller Waste Mills |
Other key industry trends
- In terms of revenue, Latin America region accounted for 13.5% of the global polyphenylene sulfide 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 877.5 million by 2030.
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Polyphenylene Sulfide Market Scope
Polyphenylene Sulfide Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America polyphenylene sulfide 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 polyphenylene sulfide market will help companies and investors design strategic landscapes.
Linear pps was the largest segment with a revenue share of 54.66% in 2023. Horizon Databook has segmented the Latin America polyphenylene sulfide market based on linear pps, cured pps, branched pps covering the revenue growth of each sub-segment from 2019 to 2030.
Increasing automotive vehicle sales in Argentina, Brazil, and Columbia is expected to have a positive impact on the PPS market. The presence of major automobile manufacturers such as Fiat, General Motors, Volkswagen Group, Toyota, Ford, Nissan Motors, Mitsubishi, MAN SE, Mercedes-Benz, Renault, Hyundai and Honda in the country is expected to fuel the demand for PPS in the country.
Moreover, emergence of companies including Marcopolo S.A., Troller, Randon S.A., Agrale and Excalibur in the country will create favorable opportunities for the market over the upcoming years
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America polyphenylene sulfide market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America polyphenylene sulfide market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America polyphenylene sulfide market size, by country, 2019-2030 (US$M)
Latin America Polyphenylene Sulfide Market Outlook Share, 2023 & 2030 (US$M)
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