Brazil Polyolefin Market Size & Outlook, 2023-2030
Brazil polyolefin market, 2018-2030 (US$M)
Related Markets
Brazil polyolefin market highlights
- The Brazil polyolefin market generated a revenue of USD 8,332.0 million in 2023 and is expected to reach USD 12,390.8 million by 2030.
- The Brazil market is expected to grow at a CAGR of 5.8% from 2024 to 2030.
- In terms of segment, polyethylene (pe) was the largest revenue generating product in 2023.
- Ethylene-Vinyl Acetate (EVA) is the most lucrative product segment registering the fastest growth during the forecast period.
Polyolefin market data book summary
| Market revenue in 2023 | USD 8,332.0 million |
| Market revenue in 2030 | USD 12,390.8 million |
| Growth rate | 5.8% (CAGR from 2023 to 2030) |
| Largest segment | Polyethylene (pe) |
| Fastest growing segment | Ethylene-Vinyl Acetate (EVA) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyethylene (PE), Polypropylene (PP), Ethylene-Vinyl Acetate (EVA), Thermoplastic Polyolefins (TPOs), Polyoxymethylene (POM), Polycarbonate (PC), Polymethyl Methacrylate (PMMA) |
| Key market players worldwide | China Petroleum & Chemical Corp Class H, LyondellBasell Industries NV Class A, PetroChina Co Ltd Class H, TotalEnergies SE, Chevron Corp, Repsol SA, Dow Inc, Exxon Mobil Corp, Braskem SA ADR, OMV AG |
Other key industry trends
- In terms of revenue, Brazil accounted for 3.3% of the global polyolefin market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil polyolefin 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 12,390.8 million by 2030.
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Polyolefin Market Scope
Polyolefin Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil polyolefin 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 polyolefin market will help companies and investors design strategic landscapes.
Polyethylene (pe) was the largest segment with a revenue share of 39.35% in 2023. Horizon Databook has segmented the Brazil polyolefin market based on polyethylene (pe), polypropylene (pp), ethylene-vinyl acetate (eva), thermoplastic polyolefins (tpos), polyoxymethylene (pom), polycarbonate (pc), polymethyl methacrylate (pmma) covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is the regional leader in the Central & South America region, in terms of automotive production; it emerged as the ninth-largest automotive producer in the world as of 2022, according to OICA.
Thus, a large number of foreign and a few Brazilian brands manufacture vehicles in the country. Owing to the aforementioned trends, the demand for polyolefins in Brazil is anticipated to grow in automotive end use over the forecast period.
Rapid infrastructure growth, advanced sewage systems, and flourishing mining and oil & gas industries have paved the way for polyolefin manufacturing in the country in recent years.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil polyolefin market , including forecasts for subscribers. This country databook contains high-level insights into Brazil polyolefin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil polyolefin market size, by product, 2018-2030 (US$M)
Brazil Polyolefin Market Outlook Share, 2023 & 2030 (US$M)
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