Brazil Specialty Chemicals Market Size & Outlook
Brazil specialty chemicals market, 2018-2030 (US$M)
Related Markets
Brazil specialty chemicals market highlights
- The Brazil specialty chemicals market generated a revenue of USD 26,584.1 million in 2024 and is expected to reach USD 34,219.0 million by 2030.
- The Brazil market is expected to grow at a CAGR of 4.3% from 2025 to 2030.
- In terms of segment, case was the largest revenue generating industry in 2024.
- Institutional & Industrial Cleaners is the most lucrative industry segment registering the fastest growth during the forecast period.
Specialty chemicals market data book summary
| Market revenue in 2024 | USD 26,584.1 million |
| Market revenue in 2030 | USD 34,219.0 million |
| Growth rate | 4.3% (CAGR from 2025 to 2030) |
| Largest segment | Case |
| Fastest growing segment | Institutional & Industrial Cleaners |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | CASE, Institutional & Industrial Cleaners, Rubber Processing Chemicals, Food & Feed Additives, Cosmetic Chemicals, Oilfield Chemicals, Specialty Pulp & Paper Chemicals, Specialty Textile Chemicals, Water Treatment Chemicals, Construction Chemicals, Electronic Chemicals, Mining Chemicals, Pharmaceutical Additives, Other Industries |
| Key market players worldwide | Solvay SA, Evonik Industries AG, Clariant AG, Akzo Nobel NV, DuPont de Nemours Inc, Kemira Oyj, Lanxess AG, Croda International PLC, Huntsman Corp, The Lubrizol Corp, Albemarle Corp |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.7% of the global specialty chemicals market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil specialty chemicals market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 19,564.6 million by 2030.
Case was the largest segment with a revenue share of 38.17% in 2024. Horizon Databook has segmented the Brazil specialty chemicals market based on case, institutional & industrial cleaners, rubber processing chemicals, food & feed additives, cosmetic chemicals, oilfield chemicals, specialty pulp & paper chemicals, specialty textile chemicals, water treatment chemicals, construction chemicals, electronic chemicals, mining chemicals, pharmaceutical additives, other industries covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil’s food & beverage industry is a major end user of specialty chemicals that has focused increasing efforts in product innovation as per consumers’ demand. Food & beverage industry comprises approximately 35,800 companies, contributing about 10% of the Brazilian GDP.
Continuous efforts to promote food & beverage products and the government’s push to expand the food & beverage industry are expected to augment the demand for specialty chemical products such as printing inks, paper & pulp chemicals, food & feed additives, flavors & fragrances, and others. The Brazilian oil & gas industry is projected to witness a high growth rate owing to the increasing investments from major manufacturers such as the national oil company, Petrobras.
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Specialty Chemicals Market Scope
Specialty Chemicals Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil Industry - Specialty Chemicals Market size, 2024 - 2030 (US$M)
Brazil Specialty Chemicals Market Outlook Share, 2024 & 2030 (US$M)
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