Latin America Polyvinyl Butyral Market Size & Outlook
Latin America polyvinyl butyral market, 2019-2030 (US$M)
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Latin America polyvinyl butyral market highlights
- The Latin America polyvinyl butyral market generated a revenue of USD 205.5 million in 2022.
- The market is expected to grow at a CAGR of 5.3% from 2023 to 2030.
- In terms of segment, films & sheet was the largest revenue generating application in 2022.
- Films & Sheet is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 205.5 million |
| Market revenue in 2030 | USD 311.4 million |
| Growth rate | 5.3% (CAGR from 2022 to 2030) |
| Largest segment | Films & sheet |
| Fastest growing segment | Films & Sheet |
| Historical data covered | 2019 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Films & Sheet, Adhesives & Sealants, Printing Inks, Paints & Coatings |
| Key market players worldwide | Eastman Chemical Co, Sekisui Chemical Co Ltd, Kuraray Co Ltd, Chang Chun Group, Kingboard Holdings Ltd, Specialty Resin & Chemical, EVERLAM, Tiantai Kanglai Industrial, Du-Lite |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.1% of the global polyvinyl butyral market in 2022.
- 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 1,955.1 million by 2030.
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Polyvinyl Butyral Market Scope
Polyvinyl Butyral Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America polyvinyl butyral 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 polyvinyl butyral market will help companies and investors design strategic landscapes.
Films & sheet was the largest segment with a revenue share of 75.28% in 2022. Horizon Databook has segmented the Latin America polyvinyl butyral market based on films & sheet, adhesives & sealants, printing inks, paints & coatings covering the revenue growth of each sub-segment from 2019 to 2030.
Increasing automotive manufacturing in Argentina, Brazil, and Columbia is expected to have a positive impact on PVB market over the forecast period. Automotive manufacturers have shown interest in investing in Latin America, which is anticipated to fuel the demand for PVB in the region.
The emergence of construction companies in Chile and Peru owing to economic development is expected to further create growth potential for PVB market over the forecast period.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America polyvinyl butyral market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America polyvinyl butyral market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America polyvinyl butyral market size, by country, 2019-2030 (US$M)
Latin America Polyvinyl Butyral Market Outlook Share, 2022 & 2030 (US$M)
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