Latin America Sand Blasting Machines Market Size & Outlook
The sand blasting machines market in Latin America is expected to reach a projected revenue of US$ 32.8 million by 2030. A compound annual growth rate of 4.3% is expected of Latin America sand blasting machines market from 2024 to 2030.
Revenue, 2023 (US$M)
$24.4
Forecast, 2030 (US$M)
$32.8
CAGR, 2024 - 2030
4.3%
Report Coverage
Latin America
Latin America sand blasting machines market, 2018-2030 (US$M)
Related Markets
Latin America sand blasting machines market highlights
- The Latin America sand blasting machines market generated a revenue of USD 24.4 million in 2023.
- The market is expected to grow at a CAGR of 4.3% from 2024 to 2030.
- In terms of segment, stationary was the largest revenue generating product in 2023.
- Portable Sand Blaster is the most lucrative product 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 24.4 million |
| Market revenue in 2030 | USD 32.8 million |
| Growth rate | 4.3% (CAGR from 2023 to 2030) |
| Largest segment | Stationary |
| Fastest growing segment | Portable Sand Blaster |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Portable Sand Blaster, Stationary |
| Key market players worldwide | Graco Inc, Hangzhou Color Powder Coating Equipment Co., Clemco Industries, Norton Sandblasting Equipment, Airblast, Surface Blasting Systems, Guyson Corporation of USA, Axxiom Manufacturing, Inc, MMLJ, Coniex |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.1% of the global sand blasting machines market in 2023.
- 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 293.4 million by 2030.
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Sand Blasting Machines Market Scope
Sand blasting machines market segmentation & scope
Sand Blasting Machines Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America sand blasting machines market size, by country, 2018-2030 (US$M)
Latin America Sand Blasting Machines Market Outlook Share, 2023 & 2030 (US$M)
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