Brazil Injection Molded Plastic Market Size & Outlook
Brazil injection molded plastic market, 2019-2030 (US$M)
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Brazil injection molded plastic market highlights
- The Brazil injection molded plastic market generated a revenue of USD 10,800.6 million in 2023 and is expected to reach USD 12,899.8 million by 2030.
- The Brazil market is expected to grow at a CAGR of 2.6% from 2024 to 2030.
- In terms of segment, polypropylene was the largest revenue generating raw material in 2023.
- Polypropylene is the most lucrative raw material segment registering the fastest growth during the forecast period.
Injection molded plastic market data book summary
| Market revenue in 2023 | USD 10,800.6 million |
| Market revenue in 2030 | USD 12,899.8 million |
| Growth rate | 2.6% (CAGR from 2023 to 2030) |
| Largest segment | Polypropylene |
| Fastest growing segment | Polypropylene |
| Historical data | 2019 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polypropylene, Acrylonitrile butadiene styrene, High-density polyethylene, Polystyrene, Other Raw Materials |
| Key market players worldwide | Exxon Mobil Corp, Basf SE, DuPont de Nemours Inc, Dow Inc, Huntsman Corp, Eastman Chemical Co, INEOS, LyondellBasell Industries NV Class A, SABIC, Magna International Inc, IAC Inc Ordinary Shares - New, Berry Global Group Inc, HTI Plastics, AptarGroup Inc, The Rodon Group |
Other key industry trends
- In terms of revenue, Brazil accounted for 3.3% of the global injection molded plastic market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil injection molded plastic 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 12,899.8 million by 2030.
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Injection Molded Plastic Market Scope
Injection Molded Plastic Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil injection molded plastic 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 injection molded plastic market will help companies and investors design strategic landscapes.
Polypropylene was the largest segment with a revenue share of 34.09% in 2023. Horizon Databook has segmented the Brazil injection molded plastic market based on polypropylene, acrylonitrile butadiene styrene, high-density polyethylene, polystyrene, other raw materials covering the revenue growth of each sub-segment from 2019 to 2030.
In 2019, Brazil dominated Central & South America injection molded plastics market and this trend is likely to continue over the forecast period. Revival of the economy coupled with growing interest of investors in the manufacturing industries is expected to propel the demand for in the country.
The multinational companies in Brazil has increased the number of manufacturers with increased production capacity projecting lower profitability for a medium term. The export of machinery such as computers and vehicles has witnessed a decent surge over the past few years, which is expected to boost the requirement of plastics, especially in industrial sector.
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 the recent years on account of the inflow of foreign direct investments (FDI).
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil injection molded plastic market , including forecasts for subscribers. This country databook contains high-level insights into Brazil injection molded plastic market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil injection molded plastic market outlook size, by raw material, 2019-2030 (US$M)
Brazil Injection Molded Plastic Market Outlook Share, 2023 & 2030 (US$M)
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