Brazil Self-healing Materials Market Size & Outlook
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Brazil self-healing materials market highlights
- The Brazil self-healing materials market generated a revenue of USD 154.6 million in 2024 and is expected to reach USD 806.4 million by 2033.
- The Brazil market is expected to grow at a CAGR of 19.2% from 2025 to 2033.
- In terms of segment, coatings was the largest revenue generating product in 2024.
- 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 2024 | USD 154.6 million |
| Market revenue in 2033 | USD 806.4 million |
| Growth rate | 19.2% (CAGR from 2025 to 2033) |
| Largest segment | Coatings |
| Fastest growing segment | Concrete |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polymers, Coatings, Concrete, Fiber-reinforced Composites, Asphalt, 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 6.2% of the global self-healing materials market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In Latin America, Brazil self-healing materials market is projected to lead the regional market in terms of revenue in 2033.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 806.4 million by 2033.
Coatings was the largest segment with a revenue share of 38.36% in 2024. Horizon Databook has segmented the Brazil self-healing materials market based on polymers, coatings, concrete, fiber-reinforced composites, asphalt, ceramic, metals covering the revenue growth of each sub-segment from 2021 to 2033.
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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Self-healing Materials Market Scope
Self-healing Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| MacDermid Autotype | View profile | 251-500 | Wantage, Oxfordshire, United Kingdom, Europe | http://autotype.macdermid.com |
| High Impact Technology | View profile | 11-50 | Salem, Oregon, United States, North America | https://hit-usa.com |
| Michelin | View profile | 125000 | 23, Place des Carmes, Dechaux, Puy-de-Dome, Clermont-Ferrand, France, 63000 | https://www.michelin.com |
| Akzo Nobel NV | View profile | 35500 | Christian Neefestraat 2, Amsterdam, NH, Netherlands, 1077 WW | https://www.akzonobel.com |
| NEI Corporation | View profile | 11-50 | Somerset, New Jersey, United States, North America | https://www.neicorporation.com/ |
| Covestro AG | View profile | 17520 | Kaiser-Wilhelm-Allee 60, Leverkusen, NW, Germany, 51373 | https://www.covestro.com/en |
| Huntsman Corp | View profile | 6000 | 10003 Woodloch Forest Drive, The Woodlands, TX, United States, 77380 | https://www.huntsman.com |
| Dow Inc | View profile | 35900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | https://www.dow.com |
| Evonik Industries AG | View profile | 33409 | Rellinghauser Strasse 1-11, Essen, NW, Germany, 45128 | https://www.evonik.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
Brazil self-healing materials market size, by product, 2021-2033 (US$M)
Brazil Self-healing Materials Market Outlook Share, 2024 & 2033 (US$M)
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