Brazil Low Profile Additives Market Size & Outlook
Brazil low profile additives market, 2018-2030 (US$M)
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Brazil low profile additives market highlights
- The Brazil low profile additives market generated a revenue of USD 33.3 million in 2023 and is expected to reach USD 60.3 million by 2030.
- The Brazil market is expected to grow at a CAGR of 8.9% from 2024 to 2030.
- In terms of segment, polyvinyl acetate (pvac) was the largest revenue generating product in 2023.
- Polyvinyl Acetate (PVAc) is the most lucrative product segment registering the fastest growth during the forecast period.
Low profile additives market data book summary
| Market revenue in 2023 | USD 33.3 million |
| Market revenue in 2030 | USD 60.3 million |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | Polyvinyl acetate (pvac) |
| Fastest growing segment | Polyvinyl Acetate (PVAc) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyvinyl Acetate (PVAc), Polymethyl methacrylate (PMMA), Polystyrene, Polyurethane, High Density Polyethylene |
| Key market players worldwide | Wacker Chemie AG, INEOS, Perfect Moment Ltd, Basf SE, Altana AI, Polychem Corporation, LyondellBasell Industries NV Class A, Imax Corp, Synthomer PLC, Advantagewon Oil Corp, NOF Corp |
Other key industry trends
- In terms of revenue, Brazil accounted for 4.7% of the global low profile additives market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil low profile additives 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 60.3 million by 2030.
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Low Profile Additives Market Scope
Low Profile Additives Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil low profile additives 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 low profile additives market will help companies and investors design strategic landscapes.
Polyvinyl acetate (pvac) was the largest segment with a revenue share of 38.44% in 2023. Horizon Databook has segmented the Brazil low profile additives market based on polyvinyl acetate (pvac), polymethyl methacrylate (pmma), polystyrene, polyurethane, high density polyethylene covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is one of the major markets for low profile additives in Central & South America. The market for these additives in the country is expected to witness a gradual improvement in terms of economic activity over the forecast period. This improvement can be attributed to the global growth and the increase in commodity prices.
These are expected to support and help the country bounce from the effects of the recent recession, as well as growing inflation and rising unemployment. This, in turn, is anticipated to contribute to the growth of low profile additives market in Brazil in the coming years.
Moreover, the automotive industry in the country has been constantly expanding and developing over the past few years owing to the GDP growth, interest rates, etc. This is expected to fuel the demand for low profile additives in this industry in Brazil during the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil low profile additives market , including forecasts for subscribers. This country databook contains high-level insights into Brazil low profile additives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil low profile additives market size, by product, 2018-2030 (US$M)
Brazil Low Profile Additives Market Outlook Share, 2023 & 2030 (US$M)
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