Argentina Polypropylene Compounds Market Size & Outlook
Argentina polypropylene compounds market, 2018-2030 (US$M)
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Argentina polypropylene compounds market highlights
- The Argentina polypropylene compounds market generated a revenue of USD 632.6 million in 2023 and is expected to reach USD 1,025.8 million by 2030.
- The Argentina market is expected to grow at a CAGR of 7.1% from 2024 to 2030.
- In terms of segment, mineral filled pp compounds was the largest revenue generating product in 2023.
- Mineral Filled PP Compounds is the most lucrative product segment registering the fastest growth during the forecast period.
Polypropylene compounds market data book summary
| Market revenue in 2023 | USD 632.6 million |
| Market revenue in 2030 | USD 1,025.8 million |
| Growth rate | 7.1% (CAGR from 2023 to 2030) |
| Largest segment | Mineral filled pp compounds |
| Fastest growing segment | Mineral Filled PP Compounds |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mineral Filled PP Compounds, Compounded TPO, Compounded TPV, Glass Fiber Reinforced, Talc Filled |
| Key market players worldwide | Mitsui Chemicals Inc, IRPC PCL ADR, Exxon Mobil Corp, Avient Corp, Tokuyama Corp, SABIC, Trinseo PLC, Sumitomo Chemical Co Ltd, Washington Penn, LyondellBasell Industries NV Class A |
Other key industry trends
- In terms of revenue, Argentina accounted for 2.7% of the global polypropylene compounds market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil polypropylene compounds market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 1,397.8 million by 2030.
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Polypropylene Compounds Market Scope
Polypropylene Compounds Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina polypropylene compounds 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 polypropylene compounds market will help companies and investors design strategic landscapes.
Mineral filled pp compounds was the largest segment with a revenue share of 28.34% in 2023. Horizon Databook has segmented the Argentina polypropylene compounds market based on mineral filled pp compounds, compounded tpo, compounded tpv, glass fiber reinforced, talc filled covering the revenue growth of each sub-segment from 2018 to 2030.
Argentina is among the leading economies in Central & South America. Growing inter-industry trading relationships of the country with China and India are anticipated to fuel the growth of the manufacturing industry in Argentina.
Argentina has several global automobile companies as they have established their manufacturing units in the country over the past ten years. The major automotive companies in Argentina are Agrale, Chevrolet, Citroën, Fiat, Ford, Honda, Mercedes-Benz, Nissan, Peugeot, Renault, Toyota, and Volkswagen.
Moreover, Argentina is characterized by the presence of a strong industrial base. It has an abundant availability of shale resources, which can be optimized for developing the energy generation industry in the country. This leads to the revitalization of the petrochemicals industry in Argentina.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina polypropylene compounds market , including forecasts for subscribers. This country databook contains high-level insights into Argentina polypropylene compounds market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina polypropylene compounds market size, by product, 2018-2030 (US$M)
Argentina Polypropylene Compounds Market Outlook Share, 2023 & 2030 (US$M)
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