Brazil Polyurethane Market Size & Outlook, 2022-2030
Brazil polyurethane market, 2018-2030 (US$M)
Related Markets
Brazil polyurethane market highlights
- The Brazil polyurethane market generated a revenue of USD 1,697.0 million in 2022 and is expected to reach USD 2,301.4 million by 2030.
- The Brazil market is expected to grow at a CAGR of 3.9% from 2023 to 2030.
- In terms of segment, other end uses was the largest revenue generating end use in 2022.
- ELECTRICAL & ELECTRONICS is the most lucrative end use segment registering the fastest growth during the forecast period.
Polyurethane market data book summary
| Market revenue in 2022 | USD 1,697.0 million |
| Market revenue in 2030 | USD 2,301.4 million |
| Growth rate | 3.9% (CAGR from 2022 to 2030) |
| Largest segment | Other end uses |
| Fastest growing segment | ELECTRICAL & ELECTRONICS |
| 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 |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.6% of the global polyurethane market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil polyurethane 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 2,301.4 million by 2030.
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Polyurethane Market Scope
Polyurethane Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil polyurethane 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 polyurethane market will help companies and investors design strategic landscapes.
Other end uses was the largest segment with a revenue share of 36.78% in 2022. Horizon Databook has segmented the Brazil polyurethane market based on packaging, construction, electrical & electronics, automotive, medical, other end uses covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is the leading producer of automobiles in Central & South America and has emerged as the ninth largest automobile producer in the world, as of 2021, according to statistics published by OICA. Although a majority of cars in the country are manufactured for use locally, a significant number is also exported.
As one of the fastest-growing economies, Brazil, has therefore become a global hub for manufacturers. Automotive manufacturers are focusing on increasing their customer base by entering new markets. Owing to the aforementioned trends, the demand for polyurethane is anticipated to rise in the automotive application over the forecast period.
Moreover, the growing demand for green building construction propelling the growth of construction industry is anticipated to boost the demand for polyurethane in the country. Brazil is the largest green certified building market in South America, with more than 1,400 green buildings and projects.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil polyurethane market , including forecasts for subscribers. This country databook contains high-level insights into Brazil polyurethane market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil polyurethane market size, by end use, 2018-2030 (US$M)
Brazil Polyurethane Market Outlook Share, 2022 & 2030 (US$M)
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