Latin America Resinous Flooring Market Size & Outlook
Latin America resinous flooring market, 2018-2030 (US$M)
Related Markets
Latin America resinous flooring market highlights
- The Latin America resinous flooring market generated a revenue of USD 398.3 million in 2023.
- The market is expected to grow at a CAGR of 5.7% from 2024 to 2030.
- In terms of segment, epoxy was the largest revenue generating resin type in 2023.
- Epoxy is the most lucrative resin 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 398.3 million |
| Market revenue in 2030 | USD 585.6 million |
| Growth rate | 5.7% (CAGR from 2023 to 2030) |
| Largest segment | Epoxy |
| Fastest growing segment | Epoxy |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Epoxy, Polymethyl Methacrylate, Polyurethane |
| Key market players worldwide | RPM International Inc, Tri Polarcon, ArmorPoxy, Sika AG, Resdev, RCR Industrial Flooring, Jemkon, Flowcrete Group |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.8% of the global resinous flooring market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 1,952.5 million by 2030.
Epoxy was the largest segment with a revenue share of 44.06% in 2023. Horizon Databook has segmented the Latin America resinous flooring market based on epoxy, polymethyl methacrylate, polyurethane covering the revenue growth of each sub-segment from 2018 to 2030.
The construction industry in Central & South America is expected to witness considerable growth during the forecast period owing to increasing investments in various infrastructure development projects by foreign and domestic players in the region.
The countries contributing significantly to the growth of the economy of Central & South America are Argentina, Brazil, Chile, Colombia, and Peru.
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Resinous Flooring Market Scope
Resinous Flooring Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America resinous flooring market size, by country, 2018-2030 (US$M)
Latin America Resinous Flooring Market Share, 2023 & 2030 (US$M)
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