Brazil Medical Injection Molded Plastic Market Size & Outlook
Brazil medical injection molded plastic market, 2019-2030 (US$M)
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Brazil medical injection molded plastic market highlights
- The Brazil medical injection molded plastic market generated a revenue of USD 102.9 million in 2022 and is expected to reach USD 151.1 million by 2030.
- The Brazil market is expected to grow at a CAGR of 4.9% from 2023 to 2030.
- In terms of segment, polypropylene (pp) was the largest revenue generating product in 2022.
- Polypropylene (PP) is the most lucrative product segment registering the fastest growth during the forecast period.
Medical injection molded plastic market data book summary
| Market revenue in 2022 | USD 102.9 million |
| Market revenue in 2030 | USD 151.1 million |
| Growth rate | 4.9% (CAGR from 2022 to 2030) |
| Largest segment | Polypropylene (pp) |
| Fastest growing segment | Polypropylene (PP) |
| Historical data | 2019 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polypropylene (PP), Acrylonitrile Butadiene Styrene (ABS), Polyethylene (PE), Polystyrene (PS), Polycarbonate (PC) |
| Key market players worldwide | Dow Inc, SABIC, Eastman Chemical Co, Covestro AG, Evonik Industries AG, Sumitomo Chemical Co Ltd, Arkema SA, INEOS, Rutland Plastic Technologies |
Other key industry trends
- In terms of revenue, Brazil accounted for 0.4% of the global medical injection molded plastic market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Argentina medical 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 151.1 million by 2030.
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Medical Injection Molded Plastic Market Scope
Medical Injection Molded Plastic Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil medical 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 medical injection molded plastic market will help companies and investors design strategic landscapes.
Polypropylene (pp) was the largest segment with a revenue share of 32.46% in 2022. Horizon Databook has segmented the Brazil medical injection molded plastic market based on polypropylene (pp), acrylonitrile butadiene styrene (abs), polyethylene (pe), polystyrene (ps), polycarbonate (pc) covering the revenue growth of each sub-segment from 2019 to 2030.
Public-private partnerships in healthcare sector aimed at attracting investments and improving overall healthcare infrastructure are expected to positively impact the market growth in Brazil over the forecast period. According to the International Trade Administration (ITA), Brazil spends 9.1 % of its GDP on healthcare in 2021.
In 2020, the Ministry of Health in Brazil announced a significant amount of investment for the digitalization of public basic care units of the country’s Unified Health System (UHS). Increasing investment in technology for healthcare industry is expected to drive the market over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil medical injection molded plastic market , including forecasts for subscribers. This country databook contains high-level insights into Brazil medical injection molded plastic market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil medical injection molded plastic market size, by product, 2019-2030 (US$M)
Brazil Medical Injection Molded Plastic Market Outlook Share, 2022 & 2030 (US$M)
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