According to the recent study the brazilian composites market is projected to reach an estimated $1,063 million by 2030 from $804 million in 2023 at a CAGR of 4% from 2023 to 2030. Growth in this market is primarily driven by increasing consumption of composites in transportation industry upsurge the growth of the Brazilian composites market and growing demand for composites in construction industry as material of choice due to life cycle cost and increased performance.
Browse 56 figures/charts
and 36 tables in this 117-page report to understand trends, opportunities and
forecast in Brazilian composites market by end use (pipe and tank,
transportation, wind energy, aerospace and defense, construction, marine,
electrical and electronics, and others), manufacturing process (hand layup and
spray-up, RTM, filament winding, continuous lamination, BMC/SMC, infusion,
pultrusion, and others), fiber type (glass fiber composites and carbon fiber
composites), and resin type (polyester composites, epoxy composites, and other
composites).
Lucintel forecasts that
wind energy will remain the largest end use by value and volume over the
forecast period due to the growth of wind energy installation in Brazil.
Electrical and Electronics is expected to witness highest growth over the
forecast period.
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brazilian composites market
Polyester composite is
expected to remain the largest market by value, mainly driven by its low cost
and various mechanical properties which includes corrosion resistance and
chemical resistance.
Chongqing Polycomp
International Corporation, Owens Corning, Jushi Group Co., Ltd,
Polynt-Reichhold, and INEOS Composites are the major suppliers in the Brazilian
composites market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
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Lucintel
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Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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