Lucintel Forecasts The Brazilian Composites Market To Reach $1,063 Million By 2030

By Author: Lucintel LLC
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According to the recent study the brazilian composites market is projected to reach an estimated $1,063 million by 2030 from $804 million in 2023 at a CAGR of 4% from 2023 to 2030. Growth in this market is primarily driven by increasing consumption of composites in transportation industry upsurge the growth of the Brazilian composites market and growing demand for composites in construction industry as material of choice due to life cycle cost and increased performance.
Browse 56 figures/charts and 36 tables in this 117-page report to understand trends, opportunities and forecast in Brazilian composites market by end use (pipe and tank, transportation, wind energy, aerospace and defense, construction, marine, electrical and electronics, and others), manufacturing process (hand layup and spray-up, RTM, filament winding, continuous lamination, BMC/SMC, infusion, pultrusion, and others), fiber type (glass fiber composites and carbon fiber composites), and resin type (polyester composites, epoxy composites, and other composites).
Lucintel forecasts that wind energy will remain the largest end use by value and volume ...
... over the forecast period due to the growth of wind energy installation in Brazil. Electrical and Electronics is expected to witness highest growth over the forecast period.
Download sample by clicking on brazilian composites market
Polyester composite is expected to remain the largest market by value, mainly driven by its low cost and various mechanical properties which includes corrosion resistance and chemical resistance.
Chongqing Polycomp International Corporation, Owens Corning, Jushi Group Co., Ltd, Polynt-Reichhold, and INEOS Composites are the major suppliers in the Brazilian composites market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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