Brazil Injection Molding Machine Market Size & Outlook
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Brazil injection molding machine market highlights
- The Brazil injection molding machine market generated a revenue of USD 437.5 million in 2023 and is expected to reach USD 648.8 million by 2030.
- The Brazil market is expected to grow at a CAGR of 5.8% from 2024 to 2030.
- In terms of segment, plastics was the largest revenue generating material in 2023.
- Plastics is the most lucrative material segment registering the fastest growth during the forecast period.
Injection molding machine market data book summary
| Market revenue in 2023 | USD 437.5 million |
| Market revenue in 2030 | USD 648.8 million |
| Growth rate | 5.8% (CAGR from 2023 to 2030) |
| Largest segment | Plastics |
| Fastest growing segment | Plastics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plastics, Metals, Other Materials |
| Key market players worldwide | Arburg, Haitian International Holdings Ltd, Milacron India, Sumitomo Corp, Chen Hsong Holdings Ltd, Husky Injection Molding Systems, The Japan Steel Works Ltd, Ube Corp, WITTMANN, Shibaura Machine Co Ltd, Nissei Plastic Industrial, ENGEL AUSTRIA GmbH, Toyo Machinery & Metal, KraussMaffei |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.7% of the global injection molding machine market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil injection molding machine market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 648.8 million by 2030.
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Injection Molding Machine Market Scope
Injection Molding Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil injection molding machine market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to injection molding machine market will help companies and investors design strategic landscapes.
Plastics was the largest segment with a revenue share of 75.57% in 2023. Horizon Databook has segmented the Brazil injection molding machine market based on plastics, metals, other materials covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is one of the key developing economies in Central & South America. Strong monetary and fiscal policy measures undertaken by the government of Brazil in response to the pandemic have managed to avoid a sharp economic contraction in the country.
According to the economic forecast published by the Organization for Economic Co-operation and Development (OECD) in February 2024, the GDP growth of Brazil is expected to be 1.8% and 2.0% in 2024 and 2025, respectively.
Despite the recent economic downturn, the healthcare industry is anticipated to grow on account of the continued expansion of the country’s private healthcare sector coupled with adequate purchasing power of public and private hospitals.
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Our clientele includes a mix of injection molding machine market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil injection molding machine market , including forecasts for subscribers. This country databook contains high-level insights into Brazil injection molding machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil injection molding machine market size, by material, 2018-2030 (US$M)
Brazil Injection Molding Machine Market Outlook Share, 2023 & 2030 (US$M)
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