Brazil Investment Casting Market Size & Outlook, 2022-2030
Brazil investment casting market, 2018-2030 (US$M)
Related Markets
Brazil investment casting market highlights
- The Brazil investment casting market generated a revenue of USD 208.1 million in 2022 and is expected to reach USD 249.9 million by 2030.
- The Brazil market is expected to grow at a CAGR of 2.3% from 2023 to 2030.
- In terms of segment, mechanical engineering was the largest revenue generating application in 2022.
- Transportation is the most lucrative application segment registering the fastest growth during the forecast period.
Investment casting market data book summary
| Market revenue in 2022 | USD 208.1 million |
| Market revenue in 2030 | USD 249.9 million |
| Growth rate | 2.3% (CAGR from 2022 to 2030) |
| Largest segment | Mechanical engineering |
| Fastest growing segment | Transportation |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Aerospace, Automotive, Oil & Gas, Medical, Mechanical Engineering, Automation, Food & Beverages and Packaging, Energy Technology, Transportation |
| Key market players worldwide | Arconic, Hitachi Ltd, Eltek Ltd, Signet Jewelers Ltd, Berkshire Hathaway Inc Class A |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.3% of the global investment casting market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil investment casting 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 249.9 million by 2030.
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Investment Casting Market Scope
Investment Casting Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil investment casting 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 investment casting market will help companies and investors design strategic landscapes.
Mechanical engineering was the largest segment with a revenue share of 32.58% in 2022. Horizon Databook has segmented the Brazil investment casting market based on aerospace, automotive, oil & gas, medical, mechanical engineering, automation, food & beverages and packaging, energy technology, transportation covering the revenue growth of each sub-segment from 2018 to 2030.
In the recent past, Brazil has witnessed considerable investments in infrastructure improvements, especially for the preparation of World Cup 2014 and Olympics 2016. These events have accelerated the infrastructural improvement activities and foreign direct investments in the country.
These factors are anticipated to drive the growth of the manufacturing sector in the country, thereby bolstering the demand for investment casting for use in mechanical engineering over the forecast period. Brazil is home to Embraer, one of the largest aircraft manufacturers in the world.
Brazil is expected to drive the product demand for use in aerospace applications with expansion in aircraft manufacturing capacity by key manufacturers owing to the growing passenger traffic and introduction of green aircraft with reduced noise and lesser carbon emissions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil investment casting market , including forecasts for subscribers. This country databook contains high-level insights into Brazil investment casting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil investment casting market size, by application, 2018-2030 (US$M)
Brazil Investment Casting Market Outlook Share, 2022 & 2030 (US$M)
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