Market revenue in 2023 | USD 1.1 million |
Market revenue in 2030 | USD 1.4 million |
Growth rate | 4.2% (CAGR from 2023 to 2030) |
Largest segment | Steel |
Fastest growing segment | Steel |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Steel, Aluminum, Brass |
Key market players worldwide | Ruland, Purvis Industries, G.L. Huyett, MW Industries, G&G Manufacturing Company |
Steel was the largest segment with a revenue share of 72.73% in 2023. Horizon Databook has segmented the Brazil metal keystock market based on steel, aluminum, brass covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is the eighth-largest automotive producer in the world. The manufacturing of light vehicles is more in Brazil than heavy vehicles.
There is presence of major global automotive companies in Brazil such as General Motors, Mitsubishi, Chery, BYD, Honda, Volkswagen Group, Ford, Fiat, Toyota, MAN SE, and Mercedes-Benz.
Moreover, Lifan, Nissan Motors, JAC Motors, Renault, Hyundai, Kia, BMW, Subaru, Geely, Volvo, Audi, and Citroën have a presence in Brazil.
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