Brazil Plastics In Electrical And Electronics Market Size & Outlook
Brazil plastics in electrical and electronics market, 2018-2030 (US$M)
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Brazil plastics in electrical and electronics market highlights
- The Brazil plastics in electrical and electronics market generated a revenue of USD 1,606.7 million in 2023 and is expected to reach USD 2,221.5 million by 2030.
- The Brazil market is expected to grow at a CAGR of 4.7% from 2024 to 2030.
- In terms of segment, polyvinyl chloride (pvc) was the largest revenue generating polymer in 2023.
- Polyvinyl Chloride (PVC) is the most lucrative polymer segment registering the fastest growth during the forecast period.
Plastics in electrical and electronics market data book summary
| Market revenue in 2023 | USD 1,606.7 million |
| Market revenue in 2030 | USD 2,221.5 million |
| Growth rate | 4.7% (CAGR from 2023 to 2030) |
| Largest segment | Polyvinyl chloride (pvc) |
| Fastest growing segment | Polyvinyl Chloride (PVC) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Acrylonitrile Butadiene Styrene (ABS), Polypropylene (PP), Polyurethane (PU), Polyvinyl Chloride (PVC), Polyethylene (PE), Polycarbonate(PC), Polymethyl Methacrylate (PMMA), Polyamide (PA) |
| Key market players worldwide | Basf SE, Covestro AG, Toray Industries Inc, Lotte Chemical, Trinseo PLC, SABIC, Evonik Industries AG, Mitsubishi Chemical Group Corp, Arkema SA, LyondellBasell Industries NV Class A, Celanese Corp Class A, Exxon Mobil Corp, LG Chem, INEOS, CHIMEI |
Other key industry trends
- In terms of revenue, Brazil accounted for 4.3% of the global plastics in electrical and electronics market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil plastics in electrical and electronics 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 2,221.5 million by 2030.
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Plastics In Electrical And Electronics Market Scope
Plastics In Electrical And Electronics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil plastics in electrical and electronics 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 plastics in electrical and electronics market will help companies and investors design strategic landscapes.
Polyvinyl chloride (pvc) was the largest segment with a revenue share of 28.9% in 2023. Horizon Databook has segmented the Brazil plastics in electrical and electronics market based on acrylonitrile butadiene styrene (abs), polypropylene (pp), polyurethane (pu), polyvinyl chloride (pvc), polyethylene (pe), polycarbonate(pc), polymethyl methacrylate (pmma), polyamide (pa) covering the revenue growth of each sub-segment from 2018 to 2030.
According to Brazilian government, Brazil has experienced a significant increase in its aging population, with the number of people aged 65 or older growing by 57.4% in the last 12 years. As of 2022, Brazil's total number of individuals aged 65 years and overreached 22,169,101, which is 10.9% of the overall population.
This represents a significant increase from 2010 when this group accounted for 14,081,477 people or 7.4% of the population. As a result, there has been a rise in the use and sale of medical devices such as heart monitoring devices, fitbands, and others.
These devices use polymers, which are required to make them, and the use of plastics in electrical and electronic devices is expected to increase over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil plastics in electrical and electronics market , including forecasts for subscribers. This country databook contains high-level insights into Brazil plastics in electrical and electronics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil plastics in electrical and electronics market size, by polymer, 2018-2030 (US$M)
Brazil Plastics In Electrical And Electronics Market Outlook Share, 2023 & 2030 (US$M)
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