Latin America Pyrophyllite Market Size & Outlook, 2022-2030
Latin America pyrophyllite market, 2018-2030 (US$M)
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Latin America pyrophyllite market highlights
- The Latin America pyrophyllite market generated a revenue of USD 41.3 million in 2022.
- The market is expected to grow at a CAGR of 3.2% from 2023 to 2030.
- In terms of segment, refractories & foundries was the largest revenue generating application in 2022.
- Ceramics 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 41.3 million |
| Market revenue in 2030 | USD 53.3 million |
| Growth rate | 3.2% (CAGR from 2022 to 2030) |
| Largest segment | Refractories & foundries |
| Fastest growing segment | Ceramics |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ceramics, Refractories & Foundries, Fillers |
| Key market players worldwide | R.T. Vanderbilt Holding Company |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.5% of the global pyrophyllite 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 670.6 million by 2030.
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Pyrophyllite Market Scope
Pyrophyllite Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America pyrophyllite 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 pyrophyllite market will help companies and investors design strategic landscapes.
Refractories & foundries was the largest segment with a revenue share of 50.36% in 2022. Horizon Databook has segmented the Latin America pyrophyllite market based on ceramics, refractories & foundries, fillers covering the revenue growth of each sub-segment from 2018 to 2030.
The surge in construction activities in Central & South America is expected to provide employment opportunities to native workers and encourage the participation of local pyrophyllite suppliers in these activities. This is anticipated to not only have a positive impact on the economy but is also expected to lead to the growth of pyrophyllite market from 2023 to 2030.
In order to enhance agriculture in the region, countries are entering into agreements with each other. This is expected to positively impact the consumption of pyrophyllite as a soil amendment or conditioner in agriculture applications.
For example, in February 2023, the governments of Chile and India signed a Memorandum of Understanding (MOU) primarily to focus on improving modern farming methods through agricultural policies, promoting organic agriculture to facilitate the trade of organic products, and exchanging policies that support the development of organic production in both nations.
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Target buyers of Latin America pyrophyllite market databook
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Our clientele includes a mix of pyrophyllite market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America pyrophyllite market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America pyrophyllite market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America pyrophyllite market size, by country, 2018-2030 (US$M)
Latin America Pyrophyllite Market Share, 2022 & 2030 (US$M)
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