Brazil Glass Manufacturing Market Size & Outlook
Brazil glass manufacturing market, 2018-2030 (US$M)
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Brazil glass manufacturing market highlights
- The Brazil glass manufacturing market generated a revenue of USD 1,408.9 million in 2021 and is expected to reach USD 2,168.3 million by 2030.
- The Brazil market is expected to grow at a CAGR of 4.9% from 2022 to 2030.
- In terms of segment, container glass was the largest revenue generating material in 2021.
- Fiber Glass is the most lucrative material segment registering the fastest growth during the forecast period.
Glass manufacturing market data book summary
| Market revenue in 2021 | USD 1,408.9 million |
| Market revenue in 2030 | USD 2,168.3 million |
| Growth rate | 4.9% (CAGR from 2021 to 2030) |
| Largest segment | Container glass |
| Fastest growing segment | Fiber Glass |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Container Glass, Flat Glass, Fiber Glass |
| Key market players worldwide | AGC Inc, Fuyao Glass Industry Group Co Ltd ADR, Compagnie de Saint-Gobain SA, O-I Glass Inc, Vitro SAB de CV Class A, Luck Oka film Pharmaceutical, Nihon Yamamura Glass, Guardian Glass Services, AGI glaspac, 3B Fiberglass |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.3% of the global glass manufacturing market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil glass manufacturing market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 2,168.3 million by 2030.
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Glass Manufacturing Market Scope
Glass Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil glass manufacturing 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 glass manufacturing market will help companies and investors design strategic landscapes.
Container glass was the largest segment with a revenue share of 45.82% in 2021. Horizon Databook has segmented the Brazil glass manufacturing market based on container glass, flat glass, fiber glass covering the revenue growth of each sub-segment from 2018 to 2030.
The glass manufacturing market in Brazil is expected to get augmented by high investments in construction activities, electronic device manufacturing facilities, and with increasing automotive production.
For instance, in March 2022, Hard Rock Cafe International (USA), Inc., a hotel, casino, and restaurant chain, decided to invest USD 7 billion in setting up casinos and chain of hotels in various cities in Brazil, including Sao Paulo, Ilha do Sol, Fortaleza, and Natal. The projects are expected to get completed by 2028.
In 2021, Brazil witnessed a 12% rise in automotive production compared to the previous year. Moreover, many automobile manufacturers are investing in Brazil, due to its low-cost base, and this is expected to boost the demand for glass in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil glass manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into Brazil glass manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil glass manufacturing market size, by material, 2018-2030 (US$M)
Brazil Glass Manufacturing Market Outlook Share, 2021 & 2030 (US$M)
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