Brazil Polypropylene Compounds Market Size & Outlook
Brazil polypropylene compounds market, 2018-2030 (US$M)
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Brazil polypropylene compounds market highlights
- The Brazil polypropylene compounds market generated a revenue of USD 844.4 million in 2023 and is expected to reach USD 1,397.8 million by 2030.
- The Brazil market is expected to grow at a CAGR of 7.5% from 2024 to 2030.
- In terms of segment, mineral filled pp compounds was the largest revenue generating product in 2023.
- Mineral Filled PP Compounds is the most lucrative product segment registering the fastest growth during the forecast period.
Polypropylene compounds market data book summary
| Market revenue in 2023 | USD 844.4 million |
| Market revenue in 2030 | USD 1,397.8 million |
| Growth rate | 7.5% (CAGR from 2023 to 2030) |
| Largest segment | Mineral filled pp compounds |
| Fastest growing segment | Mineral Filled PP Compounds |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mineral Filled PP Compounds, Compounded TPO, Compounded TPV, Glass Fiber Reinforced, Talc Filled |
| Key market players worldwide | Mitsui Chemicals Inc, IRPC PCL ADR, Exxon Mobil Corp, Avient Corp, Tokuyama Corp, SABIC, Trinseo PLC, Sumitomo Chemical Co Ltd, Washington Penn, LyondellBasell Industries NV Class A |
Other key industry trends
- In terms of revenue, Brazil accounted for 3.6% of the global polypropylene compounds market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil polypropylene compounds 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 1,397.8 million by 2030.
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Polypropylene Compounds Market Scope
Polypropylene Compounds Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil polypropylene compounds 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 polypropylene compounds market will help companies and investors design strategic landscapes.
Mineral filled pp compounds was the largest segment with a revenue share of 27.84% in 2023. Horizon Databook has segmented the Brazil polypropylene compounds market based on mineral filled pp compounds, compounded tpo, compounded tpv, glass fiber reinforced, talc filled covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is one of the major markets for polypropylene compounds in Central & South America. The market for polypropylene compounds in the country is expected to witness a gradual improvement in terms of economic activity over the forecast period.
Government initiatives in Brazil, including My House My Life, Logistics Investment Program, and Plano Decenal de Energia 2024 are expected to fuel the growth of the construction industry in the country. This, in turn, is anticipated to surge the demand for polypropylene compounds in Brazil, thereby leading to the growth of the market in the coming years.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil polypropylene compounds market , including forecasts for subscribers. This country databook contains high-level insights into Brazil polypropylene compounds market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil polypropylene compounds market size, by product, 2018-2030 (US$M)
Brazil Polypropylene Compounds Market Outlook Share, 2023 & 2030 (US$M)
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