Brazil Epoxy Composite Market Size & Outlook, 2020-2028
Brazil epoxy composite market, 2017-2028 (US$M)
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Brazil epoxy composite market highlights
- The Brazil epoxy composite market generated a revenue of USD 1,040.3 million in 2020 and is expected to reach USD 1,647.9 million by 2028.
- The Brazil market is expected to grow at a CAGR of 5.9% from 2021 to 2028.
- In terms of segment, glass fiber was the largest revenue generating fiber type in 2020.
- Carbon Fiber is the most lucrative fiber type segment registering the fastest growth during the forecast period.
Epoxy composite market data book summary
| Market revenue in 2020 | USD 1,040.3 million |
| Market revenue in 2028 | USD 1,647.9 million |
| Growth rate | 5.9% (CAGR from 2020 to 2028) |
| Largest segment | Glass fiber |
| Fastest growing segment | Carbon Fiber |
| Historical data | 2017 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Glass Fiber, Carbon Fiber, Other Fibers |
| Key market players worldwide | Teijin Ltd, Toray Industries Inc, Huntsman Corp, SGL Group, Hexcel Corp, Solvay SA, Park Aerospace Corp, Arkema SA, Avient Corp, Olin Corp |
Other key industry trends
- In terms of revenue, Brazil accounted for 3.7% of the global epoxy composite market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Latin America, Brazil epoxy composite market is projected to lead the regional market in terms of revenue in 2028.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 1,647.9 million by 2028.
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Epoxy Composite Market Scope
Epoxy Composite Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil epoxy composite 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 epoxy composite market will help companies and investors design strategic landscapes.
Glass fiber was the largest segment with a revenue share of 58.61% in 2020. Horizon Databook has segmented the Brazil epoxy composite market based on glass fiber, carbon fiber, other fibers covering the revenue growth of each sub-segment from 2017 to 2028.
Brazil is the major revenue generating country in the CSA region. The country generally experiences economic instability with economic boom, economic stagnation, and declining. The Brazilian economy is in the path of recovery post COVID-19 spread.
The Brazilian economy is witnessing strong rebounding in 2021 owing to the strong demand for commodities both in the domestic and foreign markets. As per OECD’s estimation, GDP growth of the country is expected to be 3.7% in 2021.
In order to bring stability to the economy, the Brazilian government has put forward a fiscal package of USD 156.8 billion. The government’s new fiscal package limited the annual contraction by 4.1% in 2020. Brazil is the world’s largest producer of coffee, sugarcane, and soy.
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Our clientele includes a mix of epoxy composite 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 epoxy composite market , including forecasts for subscribers. This country databook contains high-level insights into Brazil epoxy composite market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Brazil epoxy composite market size, by fiber type, 2017-2028 (US$M)
Brazil Epoxy Composite Market Outlook Share, 2020 & 2028 (US$M)
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