Latin America Injection Molded Plastic Market Size & Outlook
- Plastics Polymers & Resins
- Processed Plastics
- Injection Molded Plastic Market Outlook
- Processed Plastics
Global Market
Related Markets
Ask a question about the injection molded plastic market
Latin America injection molded plastic market highlights
- The Latin America injection molded plastic market generated a revenue of USD 18,957.5 million in 2023.
- The market is expected to grow at a CAGR of 2.4% from 2024 to 2030.
- In terms of segment, polypropylene was the largest revenue generating raw material in 2023.
- Polypropylene is the most lucrative raw material 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 18,957.5 million |
| Market revenue in 2030 | USD 22,335.9 million |
| Growth rate | 2.4% (CAGR from 2023 to 2030) |
| Largest segment | Polypropylene |
| Fastest growing segment | Polypropylene |
| Historical data covered | 2019 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polypropylene, Acrylonitrile butadiene styrene, High-density polyethylene, Polystyrene, Other Raw Materials |
| Key market players worldwide | Exxon Mobil Corp, Basf SE, DuPont de Nemours Inc, Dow Inc, Huntsman Corp, Eastman Chemical Co, INEOS, LyondellBasell Industries NV Class A, SABIC, Magna International Inc, IAC Inc Ordinary Shares - New, Berry Global Group Inc, HTI Plastics, AptarGroup Inc, The Rodon Group |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.7% of the global injection molded plastic 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 181,994.6 million by 2030.
Central & South America is expected to grow substantially through the forecast period. Changing consumer preferences, low production cost, rapid industrialization, and increasing disposable income are factors anticipated to drive the economic growth of the region over the next few years.
This, in turn, is projected to fuel the demand for plastic compounding in the region over the forecast period. The recovering residential building & construction sector in Central & South America is also driving the demand for related materials and components.
Significant new investments in housing and public works are expected to boost infrastructure growth in Colombia, thereby, augmenting product demand over the next seven years. Bogota Urban Renewal project consists of 50 skyscrapers, 500 high rises, subway system.
No credit card required*
Customize the Report
20% free customization
- Include
- Countries, segments, points
- Tailor
- To your product definition
- Extend
- Deeper competitor detail
- Or
- A fully bespoke study
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Injection Molded Plastic Market Scope
Injection Molded Plastic Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Basf SE | View profile | 111,855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | www.basf.com |
| AptarGroup Inc | View profile | 13,800 | 265 Exchange Drive, Suite 301, Crystal Lake, IL, United States, 60014 | www.aptar.com |
| Dow Inc | View profile | 35,900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | www.dow.com |
| Huntsman Corp | View profile | 6,000 | 10003 Woodloch Forest Drive, The Woodlands, TX, United States, 77380 | www.huntsman.com |
| LyondellBasell Industries NV Class A | View profile | 20,000 | One Vine Street, 4th Floor, London, United Kingdom, W1J0AH | www.lyondellbasell.com |
| Exxon Mobil Corp | View profile | 61,500 | 22777 Springwoods Village Parkway, Spring, TX, United States, 77389-1425 | www.exxonmobil.com |
| DuPont de Nemours Inc | View profile | 24,000 | 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 | www.dupont.com |
| Eastman Chemical Co | View profile | 14,000 | 200 South Wilcox Drive, Kingsport, TN, United States, 37662 | www.eastman.com |
| Berry Global Group Inc | View profile | 44,000 | 101 Oakley Street, Evansville, IN, United States, 47710 | www.berryglobal.com |
| SABIC | View profile | 10001+ | Riyadh, Ar Riyad, Saudi Arabia, Asia | www.sabic.com |
Latin America Injection Molded Plastic 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 Injection Molded Plastic Market Outlook will help companies and investors design strategic landscapes.
Polypropylene was the largest segment with a revenue share of 34.17% in 2023.
Horizon Databook has segmented the Latin America injection molded plastic market based on polypropylene, acrylonitrile butadiene styrene, high-density polyethylene, polystyrene, other raw materials covering the revenue growth of each sub-segment from 2019 to 2030.
Central & South America is expected to grow substantially through the forecast period. Changing consumer preferences, low production cost, rapid industrialization, and increasing disposable income are factors anticipated to drive the economic growth of the region over the next few years.
This, in turn, is projected to fuel the demand for plastic compounding in the region over the forecast period. The recovering residential building & construction sector in Central & South America is also driving the demand for related materials and components.
Significant new investments in housing and public works are expected to boost infrastructure growth in Colombia, thereby, augmenting product demand over the next seven years. Bogota Urban Renewal project consists of 50 skyscrapers, 500 high rises, subway system.
- Latin America Injection Molded Plastic Market Raw Material Outlook (Revenue, USD Million , 2019-2030)
- Polypropylene
- Acrylonitrile butadiene styrene
- High-density polyethylene
- Polystyrene
- Other Raw Materials
- Latin America Injection Molded Plastic Market Application Outlook (Revenue, USD Million , 2019-2030)
- Packaging
- Consumables & Electronics
- Automotive & Transportation
- Building & Construction
- Medical
- Other Applications
Reasons to subscribe to Injection Molded Plastic Market Outlook databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Injection Molded Plastic Market Outlook databook
- Our clientele includes a mix of Injection Molded Plastic Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- 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 Injection Molded Plastic Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Injection Molded Plastic Market Outlook from 2019 to 2030, including revenue numbers, major trends, and company profiles.
Latin America Injection Molded Plastic Market, 2019-2030 (US$M)
Latin America injection molded plastic market outlook statistics, by raw material, 2019-2030 (US$M)
