The market is dominated by domestic suppliers, as imports account for 18.9% of total market size in 2023. B2B drives market demand, with B2B spending representing 100% of total demand in 2023. Brazil has the largest market size for plastic in primary forms and synthetic rubber regionally, with demand reaching USD34.7 billion in 2023. Braskem SA is the largest company in Brazil, generating 25.7% of the industry’s total production value in 2023. The industry is fragmented, with the top four companies generating 27.5% of total production value in 2023. The total number of companies increases in 2023, to 2,857 units. The costs of the industry decrease by 1.1% in 2023, largely driven by declining B2B costs. The industry’s profitability increases and stands at 11.3% of production value in 2023, the 13th highest regionally. The industry’s exports share decreases in 2023 to 9.0% of total production output. With production value of USD27.9 billion, Brazil accounts for 56.6% of the Latin America total in 2023.
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This Euromonitor industrial report provides unique information on Plastic in Primary Forms and Synthetic Rubber in Brazil: ISIC 2413. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Plastic in Primary Forms and Synthetic Rubber in Brazil: ISIC 2413 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic chemicals, fertilisers and nitrogen compounds, man-made fibers, paints and varnishes, pesticides and other agro-chemical products, photochemicals, explosives and other chemicals, plastic in primary forms and synthetic rubber.
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