Market revenue in 2022 | USD 415.9 million |
Market revenue in 2030 | USD 592.1 million |
Growth rate | 4.5% (CAGR from 2022 to 2030) |
Largest segment | Other end uses |
Fastest growing segment | AUTOMOTIVE |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | PACKAGING, CONSTRUCTION, ELECTRICAL & ELECTRONICS, AUTOMOTIVE, MEDICAL, OTHER END USES |
Key market players worldwide | Covestro AG, Teijin Ltd, Mitsubishi Corp, Trinseo PLC, Idemitsu Kosan Co Ltd, Lotte Chemical, LG Chem, SABIC, Lone Star Chemical, CHIMEI, Entec Polymers, RTP Company |
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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 polycarbonate market will help companies and investors design strategic landscapes.
Other end uses was the largest segment with a revenue share of 24.79% in 2022. Horizon Databook has segmented the Brazil polycarbonate market based on packaging, construction, electrical & electronics, automotive, medical, other end uses covering the revenue growth of each sub-segment from 2018 to 2030.
In 2022, Brazil dominated the Central & South American polycarbonate market, and this trend is likely to continue over the forecast period. The revival of the economy and the growing interest of investors in manufacturing industries are expected to propel the demand for polycarbonate in the country.
The Brazilian healthcare industry is heavily investing in technical development activities, as well as acquiring modern machines, indicating that the industry has undergone tremendous growth in recent years on account of the inflow of foreign direct investments.
According to UNCTAD, in 2022, Brazil witnessed an FDI growth of approximately 78% (of about USD 50 billion). Industries that benefited from this FDI include electronics, automotive, and others. Thus, an increase in spending in manufacturing and automotive sectors is expected to propel the demand for polycarbonate in Brazil.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil polycarbonate market , including forecasts for subscribers. This country databook contains high-level insights into Brazil polycarbonate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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