Brazil Polyethylene Market Size & Outlook, 2022-2030
Brazil polyethylene market, 2018-2030 (US$M)
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Brazil polyethylene market highlights
- The Brazil polyethylene market generated a revenue of USD 5,429.1 million in 2022 and is expected to reach USD 6,228.1 million by 2030.
- The Brazil market is expected to grow at a CAGR of 1.7% from 2023 to 2030.
- In terms of segment, packaging was the largest revenue generating end use in 2022.
- AUTOMOTIVE is the most lucrative end use segment registering the fastest growth during the forecast period.
Polyethylene market data book summary
| Market revenue in 2022 | USD 5,429.1 million |
| Market revenue in 2030 | USD 6,228.1 million |
| Growth rate | 1.7% (CAGR from 2022 to 2030) |
| Largest segment | Packaging |
| 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 | Basf SE, Borealis Exploration Ltd, Braskem SA ADR, Dow Inc, Exxon Mobil Corp, LyondellBasell Industries NV Class A, Mitsubishi Chemical Group Corp, China Petroleum & Chemical Corp Class H, Formosa Plastics Group, LG Chem, MOL Group, INEOS, SABIC |
Other key industry trends
- In terms of revenue, Brazil accounted for 3.6% of the global polyethylene market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil polyethylene 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 6,228.1 million by 2030.
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Polyethylene Market Scope
Polyethylene Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil polyethylene 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 polyethylene market will help companies and investors design strategic landscapes.
Packaging was the largest segment with a revenue share of 42.06% in 2022. Horizon Databook has segmented the Brazil polyethylene market based on packaging, construction, electrical & electronics, automotive, medical, other end uses covering the revenue growth of each sub-segment from 2018 to 2030.
With Brazil's expanding consumer goods sector, polyethylene is needed to produce various packaging materials including flexible films, containers, and bags. The versatility and cost-effectiveness of polyethylene make it a preferred choice for packaging applications, meeting the requirements of diverse industries and driving sustained growth in the market.
Moreover, Brazil's prosperous agricultural sector contributes to the demand for polyethylene in applications such as farming films and containers. The use of polyethylene in agriculture helps improve crop yield, protect plants from pests, and enhance overall efficiency in farming practices.
The continuous modernization of agriculture in Brazil drives the need for advanced materials, and polyethylene plays a pivotal role in supporting sustainable and efficient agricultural practices. Furthermore, the medical and healthcare sector drives the polyethylene market in Brazil.
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Target buyers of Brazil polyethylene market databook
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Our clientele includes a mix of polyethylene market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil polyethylene market , including forecasts for subscribers. This country databook contains high-level insights into Brazil polyethylene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil polyethylene market size, by end use, 2018-2030 (US$M)
Brazil Polyethylene Market Outlook Share, 2022 & 2030 (US$M)
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