List of Figures
Figure 1: Brazil Adhesive & Sealant Market Size By Value 2016 to 2027 (In USD Million)
Figure 2: Brazil Adhesive & Sealant Market Share By Type (2016, 2021 & 2027)
Figure 3: Market Attractiveness Index, By Type
Figure 4: Market Attractiveness Index, By Adhesive Formulating Technology
Figure 5: Market Attractiveness Index, By Sealant Resin Type
Figure 6: Market Attractiveness Index, By Application
Figure-7: Porter's Five Forces Meter of Adhesive & Sealant Industry in Brazil
List of Tables
Table 1: Brazil Adhesives Market Share By Formulating Technology 2016, 2021 & 2027F
Table 2: Brazil Sealants Market Share By Resin Type 2016, 2021 & 2027F
Table 3: Brazil Adhesives & Sealants Market Share By Application 2016 to 2027F
Table 4: Brazil Adhesive & Sealant Market Size of Adhesives (2016 to 2027F) (In USD billion)
Table 5: Brazil Adhesive & Sealant Market Size of Sealants (2016 to 2027F) (In USD billion)
Table 6: Brazil Adhesive & Sealant Market Size of Water-based (2016 to 2027F) (In USD billion)
Table 7: Brazil Adhesive & Sealant Market Size of Solvent-based (2016 to 2027F) (In USD billion)
Table 8: Brazil Adhesive & Sealant Market Size of Hot-melt (2016 to 2027F) (In USD billion)
Table 9: Brazil Adhesive & Sealant Market Size of Reactive & Others (2016 to 2027F) (In USD billion)
Table 10: Brazil Adhesive & Sealant Market Size of Silicone (2016 to 2027F) (In USD billion)
Table 11: Brazil Adhesive & Sealant Market Size of Polyurethane (2016 to 2027F) (In USD billion)
Table 12: Brazil Adhesive & Sealant Market Size of Acrylic (2016 to 2027F) (In USD billion)
Table 13: Brazil Adhesive & Sealant Market Size of Polyvinyl Acetate (2016 to 2027F) (In USD billion)
Table 14: Brazil Adhesive & Sealant Market Size of Other Sealant Product (2016 to 2027F) (In USD billion)
Table 15: Brazil Adhesive & Sealant Market Size of Paper, Board & Packaging (2016 to 2027F) (In USD billion)
Table 16: Brazil Adhesive & Sealant Market Size of Buildings & Construction (2016 to 2027F) (In USD billion)
Table 17: Brazil Adhesive & Sealant Market Size of Automotive & Transportation (2016 to 2027F) (In USD billion)
Table 18: Brazil Adhesive & Sealant Market Size of Woodworking & Joinery (2016 to 2027F) (In USD billion)
Table 19: Brazil Adhesive & Sealant Market Size of Footwear & Leather (2016 to 2027F) (In USD billion)
Table 20: Brazil Adhesive & Sealant Market Size of Healthcare (2016 to 2027F) (In USD billion)
Table 21: Brazil Adhesive & Sealant Market Size of Electricals & Electronics (2016 to 2027F) (In USD billion)
Table 22: Brazil Adhesive & Sealant Market Size of Consumer & DIY (2016 to 2027F) (In USD billion)
Table 23: Brazil Adhesive & Sealant Market Size of Other end users (2016 to 2027F) (In USD billion)
Table 24: Key Facts of Company 1
Table 25: Key Facts of Company 2
Table 26: Key Facts of Company 3
Table 27: Key Facts of Company 4
Table 28: Key Facts of Company 5
Table 29: Key Facts of Company 6
Table 30: Key Facts of Company 7
Table 31: Key Facts of Company 8
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Brazil has gone through a volatile economy during the past years due to high inflation, low prices of export goods and political instability. However, the government’s expenditure along with opportunities for the industrial sector has improved stability. The automotive sector is recording strong growth in terms of sales. The government also launched a programme for infrastructure in the country to leverage private sector logistics investment, which is further expected to fuel market growth. According to the report titled "Brazil Adhesive & Sealant Market Outlook, 2027", published by Actual Market Research (AMR), the Brazil Adhesive & Sealant market is expected to reach US $2.62 billion by the end of the forecast period 2027. Water-based adhesives dominate the market, but hot melts are expected to grow at a faster growth rate. The demand is driven by the construction, packaging, aerospace and healthcare segments. The growth in demand for silicone-based sealants is mainly due to increasing innovative product development catering to the growing automobile and packaging industries, where sealants are extensively used for lamination and protection. However, stringent environmental regulations regarding VOC emissions are likely to hamper market growth. The increased construction activities due to urbanisation are bolstering demand for adhesives and sealants. The urban housing projects further create demand for the woodworking and furniture segments. The Brazilian cosmetics industry contributes nearly 1.8% to GDP and is witnessing growth with increased demand from consumers. Rising disposable income and increased frozen food packaging are driving up demand for adhesives and sealants even more. The volatile prices of various raw materials are expected to be a restraint for the market in this country. Some of the major automotive manufacturers are shifting their base to South American countries, lured by the low wages of labourers and flexible government regulations. Brazil is one of the major automotive parts exporters to the world market. The economy is improving; a rise in credit availability; growing investment in the country; and strong demand for exports is bolstering the growth of the automotive industry in Brazil. Market opportunities are expected with the development of bio-based adhesives and sealants and the growing consumption of medical adhesives. Silicone sealants hold a leading market share in Brazil as they are capable of taking a variety of physical forms ranging from solids to liquids to semi-viscous pastes, greases, and oils due to their molecular structure. Due to their properties like adhesion, water repellent, lubrication, anti-foaming, flexibility, and thermal and UV stability, silicones find application in a wide range of industries like construction, electronics, healthcare, home & personal care, and other industrial processes. Also, a broad crude oil production establishment in Brazil, Venezuela, and Chile may stimulate the use of silicone polymers and fluids during the forecast period. Bostik, a global leader in innovative adhesive solutions and present in Brazil through its Fortaleza brand, announces the signature of an agreement to acquire Poliplas Ltda. The company is the largest local player in fast-growing hybrid sealants and adhesives, a technology with a wide range of implementation properties and a core technology for Bostik globally. Brazil relies on imports from the United States, Germany and Belgium for its adhesive and sealant requirements. Acrylic sealants are expected to remain in high demand over the forecast period due to their extensive use in the construction and automotive industries. Silicone sealants are expected to showcase a significant growth rate. Acrylic resins have excellent adhesion, flexibility and elongation, UV stability, carbonation resistance, and are environmentally friendly, which are the major adoption factors for these resins in the sector. Acrylic resins are used in manufacturing coatings, paints, adhesives, sealants, and other products that are mandatorily used in the construction sector. Acrylic resins show good chemical and photochemical resistance, good colour and gloss retention properties, are easy to handle, cost-efficient, and exhibit superior performance in a wide variety of applications such as roof coating, wall coating, interior and exterior paints, and others. COVID-19's Impact on the Adhesive and Sealant Market: The pandemic hit the demand and supply chains severely affecting the adhesives and sealants market in the region. The sourcing of raw materials was difficult due to halted production activities and transport inconvenience. Several industries were shut down due to lack of workforce & materials. However, the construction of temporary hospitals and quarantine centres increased with this outbreak of coronavirus. Certain adhesive products witnessed strong demand due to their applications in the paper and packaging industry, as well as the healthcare industry. However, the dependence of adhesives and sealants on the healthcare and packaging sectors is expected to lead the adhesives and sealants market to recover quickly post the pandemic. Considered in this report • Geography: Brazil • Historic Year: 2016 • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report • Brazil Adhesive & Sealant market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Type in the report: • Adhesive • Sealant By Formulating Technology in the report: • Water-based • Solvent-based • Hot-melt • Reactive & Others By Resin Type in the report: • Silicone • Polyurethane • Acrylic • Polyvinyl Acetate • Other Sealant Product By Application Type in the report: • Paper, Board, and Packaging • Buildings and Construction • Automotive & Transportation • Woodworking and Joinery • Footwear and Leather • Healthcare • Electrical and Electronics • Consumer & DIY • Other End-user Industries The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning. Post this we have started doing primary calls to industry people by equally segmenting in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry manufactures, consultants, Key vendors related to Adhesive & Sealant industry. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
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