Market Forecast by Countries (Brazil, Mexico, Argentina, Rest of Latin America), By Product Types (Single Crystals, Copper Alloys), By Material Types (Aluminium, Steel, Gold, Tin, Others), By Applications (Petroleum, Oil & Gas, Chemical, Marine, Others) And Competitive Landscape
Product Code: ETC058400 | Publication Date: May 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Latin America Ingots Market is expected to have significant growth over the upcoming year on account of recovering the construction industry collectively with rapid urbanization and an increase in public-private partnerships. The rising demand for metals, jewellery, minerals, and renewable power generation from many sectors including manufacturing, electronics, energy & power, mining, and mineral production are the growth factors for the ingots market in the forecasted period. Apart from that, increasing penetration of electronics and growing manufacturing of motor vehicles coupled with increasing investments in the infrastructure and construction sector both in commercial and residential construction applications, the surging requirement of machinery for heavy-duty operations by the government and private companies. The rising growth of the industry alliances along with leading innovations and developments are further going to adopt the industrial growth of Ingot. Nevertheless, in 2020, Ingot demand dropped in the first few months in every country owing to the coronavirus pandemic as the Ingot market experienced a shortage from the supply side and the demand side. However, the demand is expected to pick up the normal pace at the end of 2021 with the gradual opening of markets that were under lockdown state to reduce the proliferation of coronavirus and continuation of everyday activities shifting in the direction of maximum capacity deployment.
According to 6wresearch, Latin America Ingots Market size is expected to grow during 2021-2027. Based on countries, Brazil, Colombia, and Argentina are anticipated to dominate the Aluminum Ingots market revenue share in Latin America due to the increasing demand at the global level and rising production in the country. For iron ingots, Marcona, Chile and Peru are the leading countries. But mainly, Latin America leads the world with the largest deposits of silver, copper, nickel and aluminium present lucrative opportunities in the future for the global ingot market over the given forecasted period owing to the developing need for rapid urbanization, economic development, shift towards a renewable-powered energy source and growing activities of mining in the region. Additionally, the escalating automobile industries and rising infrastructure sector with technological advancements will drive the Ingot market in the upcoming years.
Based on the product type, Copper is projected to dominate the market revenues due to usage of the product in several industries including, automotive, aerospace, mining, and ships due to the properties of durability, lightweight, soundproofing, heat resistivity, good conductivity, and mechanical features, followed by silver, nickel, iron & steel. On the other hand, steel-based ingots are very popular in the manufacturing sector due to the fact of the abundance of high-quality raw materials with a great number of applications across various industries. Moreover, with extensive focus on developing infrastructure and sustainable energy sources by Governments across the globe, the sector is expected to see huge growth. The commercial & industrial sectors also another factor that witnessed the maximum deployment of Ingot followed by the residential sector.
The Latin America Ingots market report thoroughly covers the market by product types, applications, material types and key countries including Brazil, Argentina, Mexico, and the rest of Latin America. The Latin America ingots market outlook provides an unbiased and detailed analysis of the ongoing Latin America ingots market trends in Latin America, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Markets Covered
The Ingots Market in Latin America includes the following segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latin America Ingots Market Overview |
3.1 Latin America Regional Macro Economic Indicators |
3.2 Latin America Ingots Market Revenues & Volume, 2020 & 2027F |
3.3 Latin America Ingots Market - Industry Life Cycle |
3.4 Latin America Ingots Market - Porter's Five Forces |
3.5 Latin America Ingots Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Latin America Ingots Market Revenues & Volume Share, By Product Types, 2020 & 2027F |
3.7 Latin America Ingots Market Revenues & Volume Share, By Material Types, 2020 & 2027F |
3.8 Latin America Ingots Market Revenues & Volume Share, By Applications, 2020 & 2027F |
4 Latin America Ingots Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latin America Ingots Market Trends |
6 Latin America Ingots Market, 2017 - 2027 |
6.1 Latin America Ingots Market, Revenues & Volume, By Product Types, 2017 - 2027 |
6.2 Latin America Ingots Market, Revenues & Volume, By Material Types, 2017 - 2027 |
6.3 Latin America Ingots Market, Revenues & Volume, By Applications, 2017 - 2027 |
7 Brazil Ingots Market, 2017 - 2027 |
7.1 Brazil Ingots Market, Revenues & Volume, By Product Types, 2017 - 2027 |
7.2 Brazil Ingots Market, Revenues & Volume, By Material Types, 2017 - 2027 |
7.3 Brazil Ingots Market, Revenues & Volume, By Applications, 2017 - 2027 |
8 Mexico Ingots Market, 2017 - 2027 |
8.1 Mexico Ingots Market, Revenues & Volume, By Product Types, 2017 - 2027 |
8.2 Mexico Ingots Market, Revenues & Volume, By Material Types, 2017 - 2027 |
8.3 Mexico Ingots Market, Revenues & Volume, By Applications, 2017 - 2027 |
9 Argentina Ingots Market, 2017 - 2027 |
9.1 Argentina Ingots Market, Revenues & Volume, By Product Types, 2017 - 2027 |
9.2 Argentina Ingots Market, Revenues & Volume, By Material Types, 2017 - 2027 |
9.3 Argentina Ingots Market, Revenues & Volume, By Applications, 2017 - 2027 |
10 Rest of Latin America Ingots Market, 2017 - 2027 |
10.1 Rest of Latin America Ingots Market, Revenues & Volume, By Product Types, 2017 - 2027 |
10.2 Rest of Latin America Ingots Market, Revenues & Volume, By Material Types, 2017 - 2027 |
10.3 Rest of Latin America Ingots Market, Revenues & Volume, By Applications, 2017 - 2027 |
11 Latin America Ingots Market Key Performance Indicators |
12 Latin America Ingots Market - Opportunity Assessment |
12.1 Latin America Ingots Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Latin America Ingots Market Opportunity Assessment, By Product Types, 2020 & 2027F |
12.3 Latin America Ingots Market Opportunity Assessment, By Material Types, 2020 & 2027F |
12.4 Latin America Ingots Market Opportunity Assessment, By Applications, 2020 & 2027F |
13 Latin America Ingots Market - Competitive Landscape |
13.1 Latin America Ingots Market Revenue Share, By Companies, 2020 |
13.2 Latin America Ingots Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |