Latin America Synthetic And Bio-based Polypropylene Market Size & Outlook
The synthetic and bio-based polypropylene market in Latin America is expected to reach a projected revenue of US$ 9.0 million by 2030. A compound annual growth rate of 9% is expected of Latin America synthetic and bio-based polypropylene market from 2024 to 2030.
Revenue, 2023 (US$M)
$4.9
Forecast, 2030 (US$M)
$9.0
CAGR, 2024 - 2030
9%
Report Coverage
Latin America
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Latin America synthetic and bio-based polypropylene market highlights
- The Latin America synthetic and bio-based polypropylene market generated a revenue of USD 4.9 million in 2023.
- The market is expected to grow at a CAGR of 9% from 2024 to 2030.
- In terms of segment, injection molding was the largest revenue generating application in 2023.
- Injection Molding is the most lucrative application segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 4.9 million |
| Market revenue in 2030 | USD 9.0 million |
| Growth rate | 9% (CAGR from 2024 to 2030) |
| Largest segment | Injection molding |
| Fastest growing segment | Injection Molding |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Injection Molding |
| Key market players worldwide | Braskem SA ADR, Dow Inc, Borealis Exploration Ltd, LyondellBasell Industries NV Class A, TotalEnergies SE, Trellis Research, BioAmber, NatureWorks, Danimer Scientific Inc Ordinary Shares - Class A, Novamont, FKuR, Corbion NV, GreenMantra Technologies, Mitsui Chemicals Inc, PolyOne, Ravago, Plasticomp, Toray Industries Inc, Toyota Industries Corp, Zebra Medical Vision |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.0% of the global synthetic and bio-based polypropylene 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 70.6 million by 2030.
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Synthetic and Bio-Based Polypropylene Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Plasticomp | View profile | 501-1000 | Winona, Minnesota, United States, North America | http://www.plasticomp.com/index.html |
| PolyOne | View profile | - | Brooklyn, New York, United States, North America | https://www.polyone.io |
| GreenMantra Technologies | View profile | 51-100 | Brantford, Ontario, Canada, North America | http://greenmantra.com |
| NatureWorks | View profile | 501-1000 | Minnetonka, Minnesota, United States, North America | http://www.natureworksllc.com |
| Novamont | View profile | 501-1000 | Novara, Piemonte, Italy, Europe | https://www.novamont.com |
| Trellis Research | View profile | 11-50 | Los Angeles, California, United States, North America | https://trellis.law |
| Zebra Medical Vision | View profile | 11-50 | Shefayim, HaMerkaz, Israel, Asia | http://www.zebra-med.com |
| Borealis Exploration Ltd | View profile | 3 | 43 Main Street, Suite 1, Gibraltar, Gibraltar, GX11 1AA | https://www.borealis.gi |
| Ravago | View profile | 5001-10000 | Orlando, Florida, United States, North America | http://www.ravago.com |
| BioAmber | View profile | 51-100 | Plymouth, Minnesota, United States, North America | http://www.bio-amber.com |
| Danimer Scientific Inc Ordinary Shares - Class A | View profile | 257 | 140 Industrial Boulevard, Bainbridge, GA, United States, 39817 | https://www.danimerscientific.com |
| Mitsui Chemicals Inc | View profile | 18933 | 1-5-2, Higashi-Shimbashi, Shiodome City Center, Minato-ku, Tokyo, Japan, 105-7122 | http://group.mitsuichemicals.com |
| Toray Industries Inc | View profile | 48682 | Nihonbashi Mitsui Tower 2-1-1, Nihonbashi Muromach, Chuo-ku, Tokyo, Japan, 103-8666 | http://www.toray.co.jp |
| FKuR | View profile | 51-100 | Willich, Nordrhein-Westfalen, Germany, Europe | https://fkur.com/ |
| TotalEnergies SE | View profile | 100000 | 2, Place Jean Millier, La Defense 6, Courbevoie, France, 92400 | https://www.totalenergies.com |
| Corbion NV | View profile | 2727 | Piet Heinkade 127, Amsterdam, NH, Netherlands, 1019 GM | https://www.corbion.com |
| Toyota Industries Corp | View profile | 89245 | 2-1, Toyoda-cho, Kariya-shi, Aichi, Japan, 448-8671 | https://www.toyota-industries.com |
| LyondellBasell Industries NV Class A | View profile | 20000 | One Vine Street, 4th Floor, London, United Kingdom, W1J0AH | https://www.lyondellbasell.com |
| Dow Inc | View profile | 35900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | https://www.dow.com |
| Braskem SA ADR | View profile | 8569 | Rua Lemos Monteiro, 120-24 Andar, Butanta, SP, Brazil, CEP 05501-050 | https://www.braskem.com.br |
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