Latin America Spiral Membranes Market Size & Outlook
The spiral membranes market in Latin America is expected to reach a projected revenue of US$ 1,390.0 million by 2030. A compound annual growth rate of 10.4% is expected of Latin America spiral membranes market from 2023 to 2030.
Revenue, 2022 (US$M)
$628.2
Forecast, 2030 (US$M)
$1,390.0
CAGR, 2023 - 2030
10.4%
Report Coverage
Latin America
Latin America spiral membranes market, 2018-2030 (US$M)
Related Markets
Latin America spiral membranes market highlights
- The Latin America spiral membranes market generated a revenue of USD 628.2 million in 2022.
- The market is expected to grow at a CAGR of 10.4% from 2023 to 2030.
- In terms of segment, water & wastewater treatment was the largest revenue generating application in 2022.
- Food & Beverage Processing 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 628.2 million |
| Market revenue in 2030 | USD 1,390.0 million |
| Growth rate | 10.4% (CAGR from 2022 to 2030) |
| Largest segment | Water & wastewater treatment |
| Fastest growing segment | Food & Beverage Processing |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Water & Wastewater Treatment, Industry Processing, Food & Beverage Processing, Pharmaceutical & Medical |
| Key market players worldwide | DuPont de Nemours Inc, Toray Industries Inc, Nitto Denko Corp, LG Chem, Merck KGaA, Pentair PLC, Koch Industries, Danaher Corp, Alfa Laval AB, Applied Membranes, Aquabio, AXEON Water Technologies, Fileder Filter Systems, GEA Group AG |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.2% of the global spiral membranes 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 8,645.8 million by 2030.
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Spiral Membranes Market Scope
Spiral membranes market segmentation & scope
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Spiral Membranes Market Companies
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Latin America spiral membranes market size, by country, 2018-2030 (US$M)
Latin America Spiral Membranes Market Outlook Share, 2022 & 2030 (US$M)
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