Latin America Sustainable Manufacturing Market Size & Outlook
The sustainable manufacturing market in Latin America is expected to reach a projected revenue of US$ 32,418.9 million by 2030. A compound annual growth rate of 12.5% is expected of Latin America sustainable manufacturing market from 2024 to 2030.
Revenue, 2023 (US$M)
$14,178.0
Forecast, 2030 (US$M)
$32,418.9
CAGR, 2024 - 2030
12.5%
Report Coverage
Latin America
Latin America sustainable manufacturing market highlights
- The Latin America sustainable manufacturing market generated a revenue of USD 14,178.0 million in 2023.
- The market is expected to grow at a CAGR of 12.5% from 2024 to 2030.
- In terms of segment, recycled lithium ion battery was the largest revenue generating offering in 2023.
- Recycled Lithium Ion Battery is the most lucrative offering segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 14,178.0 million |
| Market revenue in 2030 | USD 32,418.9 million |
| Growth rate | 12.5% (CAGR from 2023 to 2030) |
| Largest segment | Recycled lithium ion battery |
| Fastest growing segment | Recycled Lithium Ion Battery |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Recycled Lithium Ion Battery |
| Key market players worldwide | 3M Co, Braskem SA ADR, Cirba Solutions, NatureWorks, Schneider Electric SE, Siemens AG, Tesla Inc, Umicore SA ADR, Unilever PLC, Veolia Environnement SA |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.0% of the global sustainable manufacturing market in 2023.
- Globally, North America 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 115,745.7 million by 2030.
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Sustainable Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| NatureWorks | View profile | 501-1000 | Minnetonka, Minnesota, United States, North America | http://www.natureworksllc.com |
| Cirba Solutions | View profile | 51-100 | Charlotte, North Carolina, United States, North America | https://www.cirbasolutions.com |
| Umicore SA ADR | View profile | 11948 | Rue du Marais 31 Broekstraat, Brussels, Belgium, B-1000 | https://www.umicore.com |
| Veolia Environnement SA | View profile | 218288 | 30, rue Madeleine Vionnet, Aubervilliers, France, 93300 | https://www.veolia.com |
| Tesla Inc | View profile | 140473 | 1 Tesla Road, Austin, TX, United States, 78725 | https://www.tesla.com |
| Unilever PLC | View profile | 128377 | 100 Victoria Embankment, London, United Kingdom, EC4Y 0DY | https://www.unilever.com |
| Braskem SA ADR | View profile | 8569 | Rua Lemos Monteiro, 120-24 Andar, Butanta, SP, Brazil, CEP 05501-050 | https://www.braskem.com.br |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| 3M Co | View profile | 85000 | 3M Center, St. Paul, MN, United States, 55144 | https://www.3m.com |
| Schneider Electric SE | View profile | 162339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | https://www.se.com |
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