Latin America Recycled Polystyrene Market Size & Outlook
Latin America recycled polystyrene market, 2018-2030 (US$M)
Related Markets
Latin America recycled polystyrene market highlights
- The Latin America recycled polystyrene market generated a revenue of USD 253.2 million in 2023.
- The market is expected to grow at a CAGR of 5.5% from 2024 to 2030.
- In terms of segment, packaging was the largest revenue generating application in 2023.
- Building & Construction is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 253.2 million |
| Market revenue in 2030 | USD 368.8 million |
| Growth rate | 5.5% (CAGR from 2023 to 2030) |
| Largest segment | Packaging |
| Fastest growing segment | Building & Construction |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Building & Construction, Packaging, Electrical & Electronics, Textiles, Automotive |
| Key market players worldwide | Indorama Ventures PCL ADR, Biffa, PLACON, Verdeco Recycling, Faith Group, Phoenix Technologies, Libolon |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.5% of the global recycled polystyrene market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 368.8 million by 2030.
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Recycled Polystyrene Market Scope
Recycled Polystyrene Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America recycled polystyrene 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 recycled polystyrene market will help companies and investors design strategic landscapes.
Packaging was the largest segment with a revenue share of 36.33% in 2023. Horizon Databook has segmented the Latin America recycled polystyrene market based on building & construction, packaging, electrical & electronics, textiles, automotive covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Recycled Polystyrene Application Outlook (Revenue, USD Million, 2018-2030)
- Building & Construction
- Packaging
- Electrical & Electronics
- Textiles
- Automotive
- Others
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Target buyers of Latin America recycled polystyrene market databook
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Our clientele includes a mix of recycled polystyrene 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 recycled polystyrene market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America recycled polystyrene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America recycled polystyrene market size, by country, 2018-2030 (US$M)
Latin America Recycled Polystyrene Market Outlook Share, 2023 & 2030 (US$M)
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