Brazil High Performance Fibers Market Size & Outlook
Brazil high performance fibers market, 2017-2030 (US$M)
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Brazil high performance fibers market highlights
- The Brazil high performance fibers market generated a revenue of USD 191.8 million in 2021 and is expected to reach USD 326.7 million by 2030.
- The Brazil market is expected to grow at a CAGR of 6.1% from 2022 to 2030.
- In terms of segment, aramid fiber was the largest revenue generating product in 2021.
- Polybenzoxazole (PBO) is the most lucrative product segment registering the fastest growth during the forecast period.
High performance fibers market data book summary
| Market revenue in 2021 | USD 191.8 million |
| Market revenue in 2030 | USD 326.7 million |
| Growth rate | 6.1% (CAGR from 2021 to 2030) |
| Largest segment | Aramid fiber |
| Fastest growing segment | Polybenzoxazole (PBO) |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Carbon Fiber, Polybenzimidazole (PBI), Aramid Fiber, M5/PIPD, Polybenzoxazole (PBO), Glass Fiber, High Strength Polyethylene, Others Products |
| Key market players worldwide | Toray Industries Inc, DuPont de Nemours Inc, Teijin Ltd, Toyobo Co Ltd, DSM Firmenich AG, Kernel Holding SA, Kolon Industries, Huvis |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.6% of the global high performance fibers market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil high performance fibers 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 326.7 million by 2030.
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High Performance Fibers Market Scope
High Performance Fibers Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil high performance fibers 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 high performance fibers market will help companies and investors design strategic landscapes.
Aramid fiber was the largest segment with a revenue share of 67.26% in 2021. Horizon Databook has segmented the Brazil high performance fibers market based on carbon fiber, polybenzimidazole (pbi), aramid fiber, m5/pipd, polybenzoxazole (pbo), glass fiber, high strength polyethylene, others products covering the revenue growth of each sub-segment from 2017 to 2030.
Increasing demand for high fuel efficiency in automotive industry and continuous technological advancements in transportation industry are expected to fuel the demand for high performance fibers in Brazil over the forecast period.
Moreover, increasing demand from various application segments is expected to further drive the market growth over the forecast period. Construction industry in the economy is expected to be driven by the rising investments focused on infrastructure development.
However, the economy has witnessed an economic downturn which is expected to hamper the market for high performance fibers. Other factor contributing to limited development of the market is multiple revisions in cost and time throughout the life cycle.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil high performance fibers market , including forecasts for subscribers. This country databook contains high-level insights into Brazil high performance fibers market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil high performance fibers market size, by product, 2017-2030 (US$M)
Brazil High Performance Fibers Market Outlook Share, 2021 & 2030 (US$M)
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