Latin America Hexagonal Boron Nitride Market Size & Outlook
The hexagonal boron nitride market in Latin America is expected to reach a projected revenue of US$ 110.3 million by 2030. A compound annual growth rate of 4.7% is expected of Latin America hexagonal boron nitride market from 2024 to 2030.
Revenue, 2023 (US$M)
$80.0
Forecast, 2030 (US$M)
$110.3
CAGR, 2024 - 2030
4.7%
Report Coverage
Latin America
Latin America hexagonal boron nitride market highlights
- The Latin America hexagonal boron nitride market generated a revenue of USD 80.0 million in 2023.
- The market is expected to grow at a CAGR of 4.7% from 2024 to 2030.
- In terms of segment, paints coatings was the largest revenue generating application in 2023.
- Paints Coatings is the most lucrative application segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 80.0 million |
| Market revenue in 2030 | USD 110.3 million |
| Growth rate | 4.7% (CAGR from 2023 to 2030) |
| Largest segment | Paints coatings |
| Fastest growing segment | Paints Coatings |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Paints Coatings |
| Key market players worldwide | 3M Co, American Elements, Denka Co Ltd, Saint-Gobain - Gyproc, Yara International ASA, Showa Paxxs Corp, Zyp Run, Momentive |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.8% of the global hexagonal boron nitride 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 524.7 million by 2030.
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Hexagonal Boron Nitride Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| American Elements | View profile | 251-500 | Los Angeles, California, United States, North America | https://www.americanelements.com |
| Zyp Run | View profile | 11-50 | Boston, Massachusetts, United States, North America | https://www.zyprun.com/ |
| Saint-Gobain - Gyproc | View profile | 51-100 | Beveren, Oost-Vlaanderen, Belgium, Europe | https://www.gyproc.be |
| Showa Paxxs Corp | View profile | 793 | 2-12 Ichigayahonmura-cho, Shinjuku-ku, Tokyo, Japan, 162-0845 | http://www.showa-paxxs.co.jp |
| Denka Co Ltd | View profile | 7542 | Nihonbashi Mitsui Tower, 1-1, Nihonbashi-Muromachi, 2-Chome Chuo-ku, Tokyo, Japan, 103-8338 | http://www.denka.co.jp |
| Yara International ASA | View profile | 18000 | Drammensveien 131, Oslo, Norway, 0277 | https://www.yara.com |
| Momentive | View profile | 5001-10000 | Schenectady, New York, United States, North America | https://www.momentive.com/ |
| 3M Co | View profile | 85000 | 3M Center, St. Paul, MN, United States, 55144 | https://www.3m.com |
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