Latin America Ultraviolet Curable Resins Market Size & Outlook
The ultraviolet curable resins market in Latin America is expected to reach a projected revenue of US$ 232.0 million by 2030. A compound annual growth rate of 11.3% is expected of Latin America ultraviolet curable resins market from 2024 to 2030.
Revenue, 2023 (US$M)
$111.0
Forecast, 2030 (US$M)
$232.0
CAGR, 2024 - 2030
11.3%
Report Coverage
Latin America
Latin America ultraviolet curable resins market highlights
- The Latin America ultraviolet curable resins market generated a revenue of USD 111.0 million in 2023.
- The market is expected to grow at a CAGR of 11.1% from 2024 to 2030.
- In terms of segment, monomer was the largest revenue generating product in 2023.
- Monomer is the most lucrative product segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 111.0 million |
| Market revenue in 2030 | USD 232.0 million |
| Growth rate | 11.1% (CAGR from 2024 to 2030) |
| Largest segment | Monomer |
| Fastest growing segment | Monomer |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Monomer |
| Key market players worldwide | Basf SE, Covestro AG, Arkema SA, Koninklijke DSM NV, Resonac Holdings Corp, IGM Resins, Mitsubishi Chemical Group Corp, Geminor, Toagosei |
Other key industry trends
- In terms of revenue, Latin America region accounted for 2.7% of the global ultraviolet curable resins 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 4,338.1 million by 2030.
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Ultraviolet Curable Resins Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Geminor | View profile | 101-250 | Oslo, Oslo, Norway, Europe | https://www.geminor.no |
| IGM Resins | View profile | 101-250 | Waalwijk, Noord-Brabant, The Netherlands, Europe | http://igmresins.com/ |
| Toagosei | View profile | 1001-5000 | Minato, Chiba, Japan, Asia | http://www.toagosei.co.jp/ |
| Mitsubishi Chemical Group Corp | View profile | 74632 | 1-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8251 | https://www.mcgc.com |
| Resonac Holdings Corp | View profile | 23840 | 1-9-1, Higashi-Shimbashi, Tokyo Shiodome Building, Minato-ku, Tokyo, Japan, 105-7325 | https://www.resonac.com |
| Covestro AG | View profile | 17520 | Kaiser-Wilhelm-Allee 60, Leverkusen, NW, Germany, 51373 | https://www.covestro.com/en |
| Arkema SA | View profile | 11039 | 420 rue d’Estienne d’Orves, Colombes, France, 92700 | https://www.arkema.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
| Koninklijke DSM NV | View profile | 20682 | Het Overloon 1, P.O. Box 6500, Heerlen, LI, Netherlands, 6411 TE | https://www.dsm.com |
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