Brazil Medical Plastic Market Size & Outlook, 2023-2030

The medical plastic market in Brazil is expected to reach a projected revenue of US$ 1,102.7 million by 2030. A compound annual growth rate of 7.5% is expected of Brazil medical plastic market from 2024 to 2030.
Revenue, 2023 (US$M)
$666.6
Forecast, 2030 (US$M)
$1,102.7
CAGR, 2024 - 2030
7.5%
Report Coverage
Brazil

Brazil medical plastic market highlights

  • The Brazil medical plastic market generated a revenue of USD 666.6 million in 2023 and is expected to reach USD 1,102.7 million by 2030.
  • The Brazil market is expected to grow at a CAGR of 7.5% from 2024 to 2030.
  • In terms of segment, polyphenylsulfone (ppsu) was the largest revenue generating product in 2023.
  • Polypropylene (PP) is the most lucrative product segment registering the fastest growth during the forecast period.


Medical plastic market data book summary

Market revenue in 2023USD 666.6 million
Market revenue in 2030USD 1,102.7 million
Growth rate7.5% (CAGR from 2023 to 2030)
Largest segmentPolyphenylsulfone (ppsu)
Fastest growing segmentPolypropylene (PP)
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPolyethylene (PE), Polypropylene (PP), Polycarbonate (PC), Liquid Crystal Polymer (LCP), Polyphenylsulfone (PPSU), Polyethersulfone (PES), Polyethylenimine (PEI), Polymethyl Methacrylate (PMMA)
Key market players worldwideRöchling Group, Nolato AB Class B, Compagnie de Saint-Gobain SA, SABIC, Orthoplastics, Eastman Chemical Co, Celanese Corp Class A, Dow Inc, Tekni-Plex, Solvay SA, Hmc Polymers Company, Integer Holdings Corp, Trelleborg AB ADR, Avantor Inc, Trinseo PLC, Evonik Industries AG


Other key industry trends

  • In terms of revenue, Brazil accounted for 1.3% of the global medical plastic market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil medical 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 1,102.7 million by 2030.

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Medical Plastic Market Companies

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Brazil medical 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 plastic market will help companies and investors design strategic landscapes.


Polyphenylsulfone (ppsu) was the largest segment with a revenue share of 49.71% in 2023. Horizon Databook has segmented the Brazil medical plastic market based on polyethylene (pe), polypropylene (pp), polycarbonate (pc), liquid crystal polymer (lcp), polyphenylsulfone (ppsu), polyethersulfone (pes), polyethylenimine (pei), polymethyl methacrylate (pmma) covering the revenue growth of each sub-segment from 2018 to 2030.


The public-private partnerships in the 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, Brazil spends 9.1% of its GDP on healthcare and is the largest healthcare market in Latin America.

Brazil holds significant potential to be a considerable market for medical plastics in the coming years due to the increasing purchasing power, geriatric population, government initiatives, and attractive investments in the healthcare sector.

The Brazilian pharmaceutical industry is expected to witness considerable growth over the forecast period, mainly due to rising government initiatives that focus on increasing local production and research activities to develop value-added medicines and drugs.

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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil medical plastic market , including forecasts for subscribers. This country databook contains high-level insights into Brazil medical plastic market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Brazil medical plastic market size, by product, 2018-2030 (US$M)

Brazil Medical Plastic Market Outlook Share, 2023 & 2030 (US$M)

Brazil medical plastic market size, by product, 2018-2030 (US$M)

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