According to a market report by Lucintel, the future of the Brazilian composites material market looks promising with opportunities in pipe and tank, transportation, wind energy, aerospace and defense, construction, marine, and electrical and electronics end use industries. The Brazilian composites market is expected to grow with a CAGR of 3% 2025 to 2035. The major drivers for this market are 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.
A more than 150-page report to understand trends, opportunity and forecast in Brazilian composites market to 2035 by end use industry (pipe and tank, transportation, wind energy, aerospace and defense, construction, marine, electrical and electronics, and other end use industries), manufacturing process (hand lay-up and spray-up, RTM, filament winding, continuous lamination, BMC/SMC, infusion, pultrusion, and other manufacturing processes), fiber type (glass fiber composites and carbon fiber composites), and resin type (polyester composites, epoxy composites, and other resin types).
Lucintel forecasts that wind energy will remain the largest end use industry 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.
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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.
CPIC, Praana Group, Jushi Group Co., Ltd, Polynt Group, INEOS Composites (KPS Capital) 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 [email protected] to get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Roy Almaguer
Lucintel
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Email: [email protected]
Tel. +1-972-636-5056
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