Brazil Extruded Plastic Market Size, Share, Opportunities, And Trends By Type (Polypropylene, Polyethylene (PE), LDPE, HDPE, Polyvinyl Chloride (PVC), Others), And By End-User Industry (Construction, Electrical and Electronics, Packaging, Automotive, Others) - Forecasts From 2025 To 2030

  • Published : Dec 2024
  • Report Code : KSI061614674
  • Pages : 144
excel pdf power-point

Brazil's extruded plastic market is forecasted to attain US$2.886 billion by 2030, expanding at a CAGR of 3.75% from US$2.433 billion in 2025.

Brazil's extruded plastic market is driven by the major industries such as growth in consumer electronics and the automotive sector of the country. Extruded plastic has a wide range of applications in the manufacturing of electronic devices and automotive production. Furthermore, the rising demand for extruded plastic for packaging across the food and beverage sector of the country is anticipated to drive the overall market growth.

According to the WITS (World Integrated Trade Solution), the polypropylene exports in primary forms from Brazil were 131,118,000 kg in 2023 and imports were 340,542,000 kg. This data represents the significant market for polypropylene in the country.

What are the drivers of the Brazil extruded plastic market?

  • Expanding automobile sector

Brazil is one of the significant players in the automotive sector in the region. The automotive sector of the country is rapidly growing. Extruded plastic materials offer advantages in design and comparable strength to steel. This will help in reducing their overall weight. According to the OICA (International Organization of Motor Vehicle Manufacturers), in 2023, 1,781,612 cars and 543,226 commercial vehicles were produced in the country.

The sales of electric vehicles are expanding very rapidly. This has increased the demand for lightweight materials to enhance efficiency and design flexibility. According to the IEA (International Energy Agency), about 52,000 electric vehicles were sold in 2023, this was a significant jump from around 19,000 EVs in 2022. This is projected to drive the overall market growth during the forecast period.

What are the key trends shaping the Brazil extruded plastic market?

  • The growing demand for consumer goods where there is a significant application of extruded plastic.
  • The recycling of extruded plastic has a significant demand in the market.
  • Concern for the environmental consequences of the packaging material is crucial for market development.

Brazil Extruded Plastic Market by Type

  • The Brazil extruded plastic market is segmented by type into polypropylene (PP), Polyethylene (PE), LDPE, HDPE, Polyvinyl Chloride (PVC), and others.
  • Key drivers for the market revolve around extruded plastics having a wide range of applications in the manufacturing of electronic devices and automotive production.
  • By type, polyethylene is the most widely used extruded plastic in Brazil and is forecasted to continue its dominance over the forecast period. Polyethene has excellent mechanical and electrical properties, owing to which it has a wide range of applications in motor housings, sensors, switches, and other electrical applications.

The growth of the Polypropylene (PP) segment within the Brazilian extruded plastic market is a notable trend, driven by various economic and industrial factors. Polypropylene's versatility and favorable properties make it a preferred choice in various applications. It is lightweight, durable, and chemical-resistant, thus making it attractive in industries like automotive manufacturing where there is pressure for higher efficiency of fuel and minimal emissions.

In light of this, the demand for PP in the automotive sector of Brazil is likely to rise because auto manufacturers will opt for lighter vehicles that respect environmental policies. Besides, there is a growing trend toward electric cars, and this shift will also contribute to this trend as there will be a need for lightweight materials to improve battery efficiency and overall performance. In this regard, according to the Brazilian Report, the sales of electric vehicles nearly doubled last year reaching a total of 93,927 units sold which was up from just 49,245 in the previous year, stated by the Association of Brazilian Electric Vehicle Producers.

The packaging industry was yet another field where the PP segment was taking great strides. Sustainable solutions to pack responsibly were increasingly in the picture and this brought high demand for polypropylene because of its recyclability compared to other polymers, such as polyethylene and polyvinyl chloride (PVC). Consumers have started to opt for environment-friendly packaging options, thus making demand increase for PP.

Brazil's economic system is also favorable to the development of the extruded plastics market. Government initiatives towards the improvement of manufacturing industries encourage local and foreign investment. These investments would develop the production industries and technological advancements within the plastics industry.

Brazil Extruded Plastic Market by End-User Industry

  • Brazil's extruded plastic market is segmented by end-user industry into construction, electricals and electronics, packaging, automotive, and others.
  • An increased consumer base, infrastructural development, and technological advancement in different end-user industries in Brazil, such as packaging, automobiles, construction, consumer goods, and electrical and electronics fuels the demand for extruded plastic in the nation.

The growth in the automobile industry in Brazil has been a major contributor to the demand for extruded plastic products that are used in the different parts of automobiles. For instance, as per ACEA, Brazil’s car production in 2023 was 1,781,612 contributing to a major share of South America’s car production.  Also, as the 15th largest manufacturing state of vehicles in the world, the state of São Paulo is the birthplace of the automotive industry in Brazil, concentrating more than 41% of plants in the national automotive complex. Comprehensively, extruded plastic is expected to hold its importance in the automotive manufacturing process as this industry is significantly growing in Brazil.

Product Offerings-

  • Plastic extrusion by OKE Group offers thermoplastics, such as PP, PE, PP-TPE, polyamides, and silicon. They give quality standards, applicable to the automotive industry, and cost efficiency.
  • COEXPAN offers co-extruded sheet solutions in PET, PP, PS, and PLA. Their mono-material rigid foils are applicable for packaging fresh food, dairy products, blister packs for cosmetics, household products, and other industrial applications.

Key developments in the Brazil extruded plastic market:

The market leaders for Brazil's extruded plastic market are OKE Group, Nicosin Extrusion Inc, COEXPAN, Bausano & Figli Spa, ILPEA Spa, Lamiex, Innova, Ensinger, TP Polymer Private Limited, Nizza Plastic Company Ltd, and Saint Gobain. The key players in the market implement growth strategies such as product launches, mergers, acquisitions, etc. to gain a competitive advantage over their competitors. For Instance,

  • In October 2024, Dow and Ambipar announced the signing of a Memorandum of Understanding (MoU) for recycling plastic waste. This partnership aimed to create an effective platform for plastic recycling and assist the waste management system in Brazil.
  • In September 2024, Braskem announced the launch of its bio-circular polypropylene (PP). This would sold under the brand name WENEW. The launch of WENEW would help the sustainability within the restaurant and snack food industries.

Brazil's extruded plastic market is analyzed into the following segments:

  • By Type
    • Polypropylene (PP)
    • Polyethylene (PE)
    • LDPE
    • HDPE
    • Polyvinyl Chloride (PVC)
    • Others
  • By End-User Industry
    • Construction
    • Electricals and Electronics
    • Packaging
    • Automotive
    • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key benefits for the stakeholders

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Process

2.3. Data Validation

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. Analyst View

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Supplier

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4.  Industry Value Chain Analysis

5. BRAZIL EXTRUDED PLASTIC MARKET BY TYPE

5.1. Introduction

5.2. Polypropylene (PP)

5.3. Polyethylene (PE)

5.4. LDPE

5.5. HDPE

5.6. Polyvinyl Chloride (PVC)

5.7. Others

6. BRAZIL EXTRUDED PLASTIC MARKET BY END-USER INDUSTRY

6.1. Introduction

6.2. Construction

6.3. Electricals and Electronics

6.4. Packaging

6.5. Automotive

6.6. Others

7. COMPETITIVE ENVIRONMENT AND ANALYSIS

7.1. Major Players and Strategy Analysis

7.2. Emerging Players and Market Lucrativeness

7.3. Mergers, Acquisitions, Agreements, and Collaborations

7.4. Competitive Dashboard

8. COMPANY PROFILES

8.1. OKE Group

8.2. Nicosin Extrusion Inc.

8.3. COEXPAN

8.4. Bausano & Figli Spa

8.5. ILPEA Spa

8.6. Lamiex

8.7. Innova 

8.8. Ensinger

8.9. TP Polymer Private Limited

8.10. Nizza Plastic Company Ltd.

8.11. Saint Gobain

OKE Group

Nicosin Extrusion Inc.

COEXPAN

Bausano & Figli Spa

ILPEA Spa

Lamiex

Innova

Ensinger

TP Polymer Private Limited

Nizza Plastic Company Ltd.

 

Saint Gobain