The Latin America, Middle East and Africa Plastic Lumber Market would witness market growth of 12.7% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 443.1 kilo tonnes, showcasing a growth of 12.8% (2023-2030).
Plastic lumber is increasingly used to produce outdoor furniture, including chairs, tables, benches, and picnic tables. Its resistance to moisture, UV radiation, and environmental wear and tear makes it an attractive alternative to traditional wood furniture for parks, gardens, patios, and recreational areas. Its furniture offers durability, longevity, and aesthetic appeal while requiring minimal maintenance and upkeep.
In addition, it is well-suited for marine and coastal infrastructure applications due to its resistance to saltwater corrosion, moisture, and environmental degradation. It is used to construct docks, piers, boardwalks, seawalls, and waterfront structures where exposure to harsh marine environments is a concern. Plastic lumber's durability and longevity make it a preferred choice for marine construction projects that require materials capable of withstanding constant exposure to water and salt.
Brazil's increasing construction sector often entails large-scale infrastructure projects such as roads, bridges, residential complexes, and commercial buildings. As per the Agencia de Noticias of the Government of Brazil 2021, the construction sector generated R$377.8 billion in value in 2021, with R$355.8 billion in works and services and R$22.0 billion in developments, works, and services (5.8%). As construction activity continues to rise in Brazil, the demand for plastic lumber is expected to grow proportionally. In conclusion, the high level of plastic generation and expansion of the construction industry in the region is propelling the growth of the market.
The Brazil market dominated the LAMEA Plastic Lumber Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $255.9 million by 2030. The Argentina market is showcasing a CAGR of 13.9% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 13% during (2023 - 2030).
Free Valuable Insights: The Worldwide Plastic Lumber Market is Projected to reach USD 11.8 Billion by 2030, at a CAGR of 11.0%
Based on Resin Type, the market is segmented into Polyethylene, Polyvinyl Chloride, Polystyrene, and Others. Based on Application, the market is segmented into Decking, Molding Trim, Landscaping Outdoor Products, Fencing, Windows Doors and Others. Based on Product, the market is segmented into Virgin Plastic, Recycled Plastic and Composite. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
By Resin Type (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Product (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
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