Brazil Metal Keystock Market Size & Outlook, 2024-2030
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Brazil metal keystock market highlights
- The Brazil metal keystock market generated a revenue of USD 1,060.0 million in 2023 and is expected to reach USD 1,410.9 million by 2030.
- The Brazil market is expected to grow at a CAGR of 4.3% from 2024 to 2030.
- In terms of segment, steel was the largest revenue generating material in 2023.
- Steel is the most lucrative material segment registering the fastest growth during the forecast period.
Metal keystock market data book summary
| Market revenue in 2023 | USD 1,060.0 million |
| Market revenue in 2030 | USD 1,410.9 million |
| Growth rate | 4.3% (CAGR from 2024 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 |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.8% of the global metal keystock market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil metal keystock 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 1,410.9 million by 2030.
Steel was the largest segment with a revenue share of 74.36% 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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Metal Keystock Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| G&G Manufacturing Company | View profile | 11-50 | Omaha, Nebraska, United States, North America | https://www.ggmfg.com/ |
| G.L. Huyett | View profile | 101-250 | Minneapolis, Kansas, United States, North America | http://huyett.com |
| Purvis Industries | View profile | 501-1000 | Dallas, Texas, United States, North America | https://www.purvisindustries.com/ |
| Ruland | View profile | 101-250 | Marlborough, Massachusetts, United States, North America | http://www.ruland.com |
| MW Industries | View profile | 5001-10000 | Charlotte, North Carolina, United States, North America | http://www.mwcomponents.com |
Brazil metal keystock market size, by material, 2018-2030 (US$M)
Brazil Metal Keystock Market Outlook Share, 2023 & 2030 (US$M)
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