Brazil Self-healing Materials Market Size & Outlook
Brazil self-healing materials market, 2018-2030 (US$M)
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Brazil self-healing materials market highlights
- The Brazil self-healing materials market generated a revenue of USD 118.6 million in 2023 and is expected to reach USD 541.3 million by 2030.
- The Brazil market is expected to grow at a CAGR of 24.2% from 2024 to 2030.
- In terms of segment, coatings was the largest revenue generating product in 2023.
- Concrete is the most lucrative product segment registering the fastest growth during the forecast period.
Self-healing materials market data book summary
| Market revenue in 2023 | USD 118.6 million |
| Market revenue in 2030 | USD 541.3 million |
| Growth rate | 24.2% (CAGR from 2023 to 2030) |
| Largest segment | Coatings |
| Fastest growing segment | Concrete |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Concrete, Coatings, Polymers, Asphalt, Fiber-reinforced Composites, Ceramic, Metals |
| Key market players worldwide | Dow Inc, Covestro AG, Huntsman Corp, Michelin, Akzo Nobel NV, Evonik Industries AG, Basf SE, NEI Corporation, High Impact Technology, MacDermid Autotype |
Other key industry trends
- In terms of revenue, Brazil accounted for 6.1% of the global self-healing materials market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil self-healing materials 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 541.3 million by 2030.
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Self-healing Materials Market Scope
Self-healing Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil self-healing materials 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 self-healing materials market will help companies and investors design strategic landscapes.
Coatings was the largest segment with a revenue share of 29.68% in 2023. Horizon Databook has segmented the Brazil self-healing materials market based on concrete, coatings, polymers, asphalt, fiber-reinforced composites, ceramic, metals covering the revenue growth of each sub-segment from 2018 to 2030.
The automotive sector in Brazil witnessed a strong growth of 15.6% in first quarter of 2018 as compared to previous year. In addition, the sector experienced increase in production rate than the last year.
The automotive production in first quarter in 2018 rose to 699,700 units from 610,700 last year. Improved economy of Brazil has proved to be a driving factor for the growth of automobiles and commercial vehicles.
Tremendous growth in automotive industry is expected to boost the production of automobiles, thereby driving the consumption of self-healing materials for automotive applications.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil self-healing materials market , including forecasts for subscribers. This country databook contains high-level insights into Brazil self-healing materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil self-healing materials market size, by product, 2018-2030 (US$M)
Brazil Self-healing Materials Market Outlook Share, 2023 & 2030 (US$M)
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