South America Plastic Compounding market

brazil accounted for the largest market share in 2016 in the south america plastic compounding market, and is expected to reach usd 24583.00 million in 2023 from usd 15584.10 million in 2016. however, mexico is the fastest growing market, which is expected to grow at a cagr of 7.02% during the forecast period 2017 - 2023. automotive segment accounted for the largest market share in 2016, this market is expected to reach usd 12718.18 million in 2023 from usd 7288.00 million in 2016. this market is projected to grow at a cagr of 8.36% during the forecast period from 2017 - 2023. polypropylene segment accounted for the largest market share in 2016, this market is expected to reach usd 15221.66 million in 2023 from usd 9399.64 million in 2016. this market is projected to grow at a cagr of 7.22% during the forecast period from 2017 - 2023. however, polyethylene terephthalate segment is the fastest growing market, which is expected to grow at a cagr of 8.08% during the forecast period 2017 - 2023.