Brazil Bio Based Polyurethane Market Size & Outlook
Brazil bio based polyurethane market, 2018-2030 (US$K)
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Brazil bio based polyurethane market highlights
- The Brazil bio based polyurethane market generated a revenue of USD 523.6 thousand in 2023 and is expected to reach USD 867.9 thousand by 2030.
- The Brazil market is expected to grow at a CAGR of 7.5% from 2024 to 2030.
- In terms of segment, flexible foam was the largest revenue generating product in 2023.
- Flexible Foam is the most lucrative product segment registering the fastest growth during the forecast period.
Bio based polyurethane market data book summary
| Market revenue in 2023 | USD 523.6 thousand |
| Market revenue in 2030 | USD 867.9 thousand |
| Growth rate | 7.5% (CAGR from 2023 to 2030) |
| Largest segment | Flexible foam |
| Fastest growing segment | Flexible Foam |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD thousand |
| Market segmentation | Rigid Foam, Flexible Foam, Coatings, Adhesives & Sealants |
| Key market players worldwide | Basf SE, Covestro AG, Cargill, Huntsman Corp, RAMP Holdings, MCPU Polymer Engineering, WeylChem |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.4% of the global bio based polyurethane market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil bio based polyurethane market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 260.7 thousand by 2030.
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Bio Based Polyurethane Market Scope
Bio Based Polyurethane Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil bio based polyurethane market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bio based polyurethane market will help companies and investors design strategic landscapes.
Flexible foam was the largest segment with a revenue share of 50.61% in 2023. Horizon Databook has segmented the Brazil bio based polyurethane market based on rigid foam, flexible foam, coatings, adhesives & sealants covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil dominated the Central & South American bio-based polyurethane market, and this trend is likely to continue over the forecast period. The revival of the economy and the growing interest of investors in manufacturing industries are expected to propel the demand for bio-based polyurethane in the country.
The Brazilian healthcare industry is heavily investing in technical development activities, as well as acquiring modern machines, indicating that the industry has undergone tremendous growth in recent years on account of the inflow of foreign direct investments. Industries that benefited from this FDI include electronics, automotive, and others.
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Our clientele includes a mix of bio based polyurethane market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil bio based polyurethane market , including forecasts for subscribers. This country databook contains high-level insights into Brazil bio based polyurethane market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil bio based polyurethane market size, by product, 2018-2030 (US$K)
Brazil Bio Based Polyurethane Market Outlook Share, 2023 & 2030 (US$K)
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