Latin America Textile Chemicals Market Size & Outlook
Latin America textile chemicals market, 2018-2030 (US$M)
Related Markets
Latin America textile chemicals market highlights
- The Latin America textile chemicals market generated a revenue of USD 1,146.1 million in 2022.
- The market is expected to grow at a CAGR of 4.1% from 2023 to 2030.
- In terms of segment, synthetic was the largest revenue generating nature in 2022.
- Natural is the most lucrative nature 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 1,146.1 million |
| Market revenue in 2030 | USD 1,576.5 million |
| Growth rate | 4.1% (CAGR from 2022 to 2030) |
| Largest segment | Synthetic |
| Fastest growing segment | Natural |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Natural, Synthetic |
| Key market players worldwide | OMV AG, Basf SE, Shell PLC, Lanxess AG, Dow Inc, Huntsman Corp, Kemira Oyj, The Lubrizol Corp, Petronas Chemicals Group Bhd, Evonik Industries AG, Solvay SA |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.6% of the global textile chemicals 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 20,941.4 million by 2030.
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Textile Chemicals Market Scope
Textile Chemicals Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America textile chemicals 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 textile chemicals market will help companies and investors design strategic landscapes.
Synthetic was the largest segment with a revenue share of 61.67% in 2022. Horizon Databook has segmented the Latin America textile chemicals market based on natural, synthetic covering the revenue growth of each sub-segment from 2018 to 2030.
The textile industry is a major driver of the textile chemical market in the Central and South America region. The growing demand for high-quality textiles in the region has led to an increase in the demand for specialized chemicals and materials used in the production of textiles.
Additionally, the textile chemical market in Central and South America is mainly driven by the increasing demand for dyed, printed, and finished textiles. These textiles require a wide range of chemicals and materials, including dyes, pigments, finishing agents, and auxiliaries, which are used to improve the appearance, durability, and comfort of the final product.
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Target buyers of Latin America textile chemicals market databook
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Our clientele includes a mix of textile chemicals 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 textile chemicals market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America textile chemicals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America textile chemicals market size, by country, 2018-2030 (US$M)
Latin America Textile Chemicals Market Outlook Share, 2022 & 2030 (US$M)
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