South America Plastics for Composites Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type [Thermoset (Polyester, Vinyl Ester, Epoxy, Polyurethane, and Others) and Thermoplastic (Polypropylene, Polyethylene, Polyvinylchloride, Polysty
Description
South America Plastics for Composites Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type [Thermoset (Polyester, Vinyl Ester, Epoxy, Polyurethane, and Others) and Thermoplastic (Polypropylene, Polyethylene, Polyvinylchloride, Polystyrene, Polyethylene Terephthalate, Polycarbonate, and Others)] and Technology (Injection Molding, Compression Molding, Pultrusion, Resin Infusion, and Others)
The South America plastics for composites market is expected to grow from US$ 644.92 million in 2022 to US$ 778.23 million by 2028; it is estimated to grow at a CAGR of 3.2% from 2022 to 2028 .
Flourishment of Construction Industry
The demand for construction composites is increasing with a rise in the use of technologically advanced processes in construction activities. Composite materials, particularly fiber-reinforced polymer (FRP) composites, contribute to a lower construction cost, as much less material can be used without sacrificing structural stability. FRP composites are created by the reinforcement of plastic polymer resins with the integration of fibers with high mechanical strength. The resin matrix in composite mainly distributes loads among the fibers, thus aiding protection along with providing strength and stiffness to the composite materials. Composites are widely used in the production of building products such as windows, doors, siding, fencing, roofing, and decks. Thus, the continuous proliferation of the construction industry is creating demand for plastic-based composites, subsequently bolstering the plastics for composites market growth .
South America Plastics for Composites Market Overview
The plastics for composites market growth in Brazil and Argentina is attributed to the surging urbanization and the increasing number of construction projects. Furthermore, the governments of various countries in South & Central America are focusing on developing infrastructure projects, which is expected to boost the demand for composites in the construction industry during the forecast period. The noticeable presence of automotive companies in Brazil and Argentina is propelling the sales of composites in the region. Also, the sale of consumer electronics is growing in the region, owing to the changing consumer behavior, rising internet penetration, and rapid technological advancements. Moreover, the increasing presence of global and regional market players, coupled with growing research and development activities in the composites market, is expected to create immense opportunities for the plastics for composites market during the forecast period.
South America Plastics for Composites Market Revenue and Forecast to 2028 (US$ Million)
South America Plastics for Composites Market Segmentation
The South America plastics for composites market is segmented based on type, technology, and country. Based on type, the South America plastics for composites market is bifurcated into thermoset and thermoplastic. The thermoset cylinders segment held a larger market share in 2022. Further, thermoset is segmented into polyester, vinyl ester, epoxy, polyurethane, and others. Further, thermoplastic is segmented into polypropylene, polyethylene, polyvinylchloride, polystyrene, polyethylene terephthalate, polycarbonate, and others.
Based on technology, the South America plastics for composites market is segmented into injection molding, compression molding, pultrusion, resin infusion, and others. The others segment held the largest market share in 2022.
Based on country, the South America plastics for composites market is segmented into Brazil, Argentina, and the Rest of South America. Brazil dominated the market share in 2022.
Lanxess AG; Convestro AG; Celanese Corp; INEOS Group Holdings SA; BASF SE; Evonik Industries AG; Solvay SA; Saudi Basic Industries Corp; and Arkema SA are the leading companies operating in the South America plastics for composites market.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South America plastics for composites market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the South America plastics for composites market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth South America market trends and outlook coupled with the factors driving the South America plastics for composites market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
The South America plastics for composites market is expected to grow from US$ 644.92 million in 2022 to US$ 778.23 million by 2028; it is estimated to grow at a CAGR of 3.2% from 2022 to 2028 .
Flourishment of Construction Industry
The demand for construction composites is increasing with a rise in the use of technologically advanced processes in construction activities. Composite materials, particularly fiber-reinforced polymer (FRP) composites, contribute to a lower construction cost, as much less material can be used without sacrificing structural stability. FRP composites are created by the reinforcement of plastic polymer resins with the integration of fibers with high mechanical strength. The resin matrix in composite mainly distributes loads among the fibers, thus aiding protection along with providing strength and stiffness to the composite materials. Composites are widely used in the production of building products such as windows, doors, siding, fencing, roofing, and decks. Thus, the continuous proliferation of the construction industry is creating demand for plastic-based composites, subsequently bolstering the plastics for composites market growth .
South America Plastics for Composites Market Overview
The plastics for composites market growth in Brazil and Argentina is attributed to the surging urbanization and the increasing number of construction projects. Furthermore, the governments of various countries in South & Central America are focusing on developing infrastructure projects, which is expected to boost the demand for composites in the construction industry during the forecast period. The noticeable presence of automotive companies in Brazil and Argentina is propelling the sales of composites in the region. Also, the sale of consumer electronics is growing in the region, owing to the changing consumer behavior, rising internet penetration, and rapid technological advancements. Moreover, the increasing presence of global and regional market players, coupled with growing research and development activities in the composites market, is expected to create immense opportunities for the plastics for composites market during the forecast period.
South America Plastics for Composites Market Revenue and Forecast to 2028 (US$ Million)
South America Plastics for Composites Market Segmentation
The South America plastics for composites market is segmented based on type, technology, and country. Based on type, the South America plastics for composites market is bifurcated into thermoset and thermoplastic. The thermoset cylinders segment held a larger market share in 2022. Further, thermoset is segmented into polyester, vinyl ester, epoxy, polyurethane, and others. Further, thermoplastic is segmented into polypropylene, polyethylene, polyvinylchloride, polystyrene, polyethylene terephthalate, polycarbonate, and others.
Based on technology, the South America plastics for composites market is segmented into injection molding, compression molding, pultrusion, resin infusion, and others. The others segment held the largest market share in 2022.
Based on country, the South America plastics for composites market is segmented into Brazil, Argentina, and the Rest of South America. Brazil dominated the market share in 2022.
Lanxess AG; Convestro AG; Celanese Corp; INEOS Group Holdings SA; BASF SE; Evonik Industries AG; Solvay SA; Saudi Basic Industries Corp; and Arkema SA are the leading companies operating in the South America plastics for composites market.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South America plastics for composites market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the South America plastics for composites market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth South America market trends and outlook coupled with the factors driving the South America plastics for composites market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
Table of Contents
134 Pages
- 1. Introduction
- 1.1 Study Scope
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 1.3.1 South America Plastics for Composites Market, by Type
- 1.3.2 South America Plastics for Composites Market, by Technology
- 1.3.3 South America Plastics for Composites Market, by Country
- 2. Key Takeaways
- 3. Research Methodology
- 3.1 Scope of the Study
- 3.2 Research Methodology
- 3.2.1 Data Collection:
- 3.2.2 Primary Interviews:
- 3.2.3 Hypothesis formulation:
- 3.2.4 Macro-economic factor analysis:
- 3.2.5 Developing base number:
- 3.2.6 Data Triangulation:
- 3.2.7 Country level data:
- 4. South America Plastics for Composites Market Landscape
- 4.1 Market Overview
- 4.2 Porter's Five Forces Analysis
- 4.3 Ecosystem Analysis
- 4.4 Expert Opinion
- 5. South America Plastics for Composites Market – Key Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Growing Demand for Lightweight Materials in Aerospace and Automotive Industries
- 5.1.2 Flourishment of Construction Industry
- 5.2 Market Restraints
- 5.2.1 Issues Related to Recycling of Thermoset Plastics
- 5.3 Market Opportunities
- 5.3.1 Applications of Plastic-Based Composites in Wind Energy Sector
- 5.4 Future Trends
- 5.4.1 Application of Bio-Based Plastics for Composites
- 5.5 Impact Analysis
- 6. Plastics for Composites – South America Market Analysis
- 6.1 South America Plastics for Composites Market –Revenue and Forecast to 2028 (US$ Million)
- 7. South America Plastics for Composites Market Analysis – By Type
- 7.1 Overview
- 7.2 Plastics for Composites Market, By Type (2021 and 2028)
- 7.3 Thermoset
- 7.3.1 Overview
- 7.3.2 Thermoset: Plastics for Composites Market – Revenue and Forecast to 2028 (US$ Million)
- 7.3.3 Polyester
- 7.3.3.1 Overview
- 7.3.3.2 Polyester: Plastics for Composites Market – Revenue and Forecast to 2028 (US$ Million)
- 7.3.4 Vinyl Ester
- 7.3.4.1 Overview
- 7.3.4.2 Vinyl Ester: Plastics for Composites Market – Revenue and Forecast to 2028 (US$ Million)
- 7.3.5 Epoxy
- 7.3.5.1 Overview
- 7.3.5.2 Epoxy: Plastics for Composites Market – Revenue and Forecast to 2028 (US$ Million)
- 7.3.6 Polyurethane
- 7.3.6.1 Overview
- 7.3.6.2 Polyurethane: Plastics for Composites Market – Revenue and Forecast to 2028 (US$ Million)
- 7.3.7 Others
- 7.3.7.1 Overview
- 7.3.7.2 Others: Plastics for Composites Market – Revenue and Forecast to 2028 (US$ Million)
- 7.4 Thermoplastic
- 7.4.1 Overview
- 7.4.2 Thermoplastic: Plastics for Composites Market – Revenue and Forecast to 2028 (US$ Million)
- 7.4.3 Polypropylene
- 7.4.3.1 Overview
- 7.4.3.2 Polypropylene: Plastics for Composites Market – Revenue and Forecast to 2028 (US$ Million)
- 7.4.4 Polyethylene
- 7.4.4.1 Overview
- 7.4.4.2 Polyethylene: Plastics for Composites Market – Revenue and Forecast to 2028 (US$ Million)
- 7.4.5 Polyvinylchloride
- 7.4.5.1 Overview
- 7.4.5.2 Polyvinylchloride: Plastics for Composites Market – Revenue and Forecast to 2028 (US$ Million)
- 7.4.6 Polystyrene
- 7.4.6.1 Overview
- 7.4.6.2 Polystyrene: Plastics for Composites Market – Revenue and Forecast to 2028 (US$ Million)
- 7.4.7 Polyethylene Terephthalate
- 7.4.7.1 Overview
- 7.4.7.2 Polyethylene Terephthalate: Plastics for Composites Market – Revenue and Forecast to 2028 (US$ Million)
- 7.4.8 Polycarbonate
- 7.4.8.1 Overview
- 7.4.8.2 Polycarbonate: Plastics for Composites Market – Revenue and Forecast to 2028 (US$ Million)
- 7.4.9 Others
- 7.4.9.1 Overview
- 7.4.9.2 Others: Plastics for Composites Market – Revenue and Forecast to 2028 (US$ Million)
- 8. South America Plastics for Composites Market Analysis – By Technology
- 8.1 Overview
- 8.2 Plastics for Composites Market, By Technology (2021 and 2028)
- 8.3 Injection Molding
- 8.3.1 Overview
- 8.3.2 Injection Molding: Plastics for Composites Market – Revenue and Forecast to 2028 (US$ Million)
- 8.4 Compression Molding
- 8.4.1 Overview
- 8.4.2 Compression Molding: Plastics for Composites Market – Revenue and Forecast to 2028 (US$ Million)
- 8.5 Pultrusion
- 8.5.1 Overview
- 8.5.2 Pultrusion: Plastics for Composites Market – Revenue and Forecast to 2028 (US$ Million)
- 8.6 Resin Infusion
- 8.6.1 Overview
- 8.6.2 Resin Infusion: Plastics for Composites Market – Revenue and Forecast to 2028 (US$ Million)
- 8.7 Others
- 8.7.1 Overview
- 8.7.2 Others: Plastics for Composites Market – Revenue and Forecast to 2028 (US$ Million)
- 9. South America Plastics for Composites Market – by Country Analysis
- 9.1 South and Central America: Plastics for Composites Market
- 9.1.1 South and Central America: Plastics for Composites Market, by Key Country
- 9.1.1.1 Brazil: Plastics for Composites Market – Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.1.1 Brazil: Plastics for Composites Market, By Type
- 9.1.1.1.2 Brazil: Plastics for Composites Market, by Technology
- 9.1.1.2 Argentina: Plastics for Composites Market – Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.2.1 Argentina: Plastics for Composites Market, By Type
- 9.1.1.2.2 Argentina: Plastics for Composites Market, by Technology
- 9.1.1.3 Rest of South and Central America: Plastics for Composites Market – Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.3.1 Rest of South and Central America: Plastics for Composites Market, By Type
- 9.1.1.3.2 Rest of South and Central America: Plastics for Composites Market, by Technology
- 10. Industry Landscape
- 10.1 Product Launch
- 10.2 Expansion
- 10.3 Partnership
- 10.4 Mergers and Acquisitions
- 11. Company Profiles
- 11.1 Lanxess AG
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
- 11.2 Covestro AG
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
- 11.3 Celanese Corp
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
- 11.4 INEOS Group Holdings SA
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments
- 11.5 BASF SE
- 11.5.1 Key Facts
- 11.5.2 Business Description
- 11.5.3 Products and Services
- 11.5.4 Financial Overview
- 11.5.5 SWOT Analysis
- 11.5.6 Key Developments
- 11.6 Evonik Industries AG
- 11.6.1 Key Facts
- 11.6.2 Business Description
- 11.6.3 Products and Services
- 11.6.4 Financial Overview
- 11.6.5 SWOT Analysis
- 11.6.6 Key Developments
- 11.7 Solvay SA
- 11.7.1 Key Facts
- 11.7.2 Business Description
- 11.7.3 Products and Services
- 11.7.4 Financial Overview
- 11.7.5 SWOT Analysis
- 11.7.6 Key Developments
- 11.8 Saudi Basic Industries Corp
- 11.8.1 Key Facts
- 11.8.2 Business Description
- 11.8.3 Products and Services
- 11.8.4 Financial Overview
- 11.8.5 SWOT Analysis
- 11.8.6 Key Developments
- 11.9 Arkema SA
- 11.9.1 Key Facts
- 11.9.2 Business Description
- 11.9.3 Products and Services
- 11.9.4 Financial Overview
- 11.9.5 SWOT Analysis
- 11.9.6 Key Developments
- 12. Appendix
- 12.1 About The Insight Partners
- 12.2 Glossary of Terms
- LIST OF TABLES
- Table 1. South America Plastics for Composites Market –Revenue and Forecast to 2028 (US$ Million)
- Table 2. Brazil Plastics for Composites Market, By Type – Revenue and Forecast to 2028 (US$ Million)
- Table 3. Brazil Plastics for Composites Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
- Table 4. Argentina Plastics for Composites Market, By Type – Revenue and Forecast to 2028 (US$ Million)
- Table 5. Argentina Plastics for Composites Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
- Table 6. Rest of South and Central America Plastics for Composites Market, By Type – Revenue and Forecast to 2028 (US$ Million)
- Table 7. Rest of South and Central America Plastics for Composites Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
- Table 8. Glossary of Terms, Global Plastics for Composites Market
- LIST OF FIGURES
- Figure 1.South America Plastics for Composites Market Segmentation
- Figure 2.South America Plastics for Composites Market Segmentation – By Country
- Figure 3.South America Plastics for Composites Market Overview
- Figure 4.South America Plastics for Composites Market, By Type
- Figure 5.South America Plastics for Composites Market, by Country
- Figure 6.South America Porter's Five Forces Analysis
- Figure 7.South America Ecosystem: Plastics for Composites Market
- Figure 8.South America Expert Opinion
- Figure 9.South America Plastics for Composites Market Impact Analysis of Drivers and Restraints
- Figure 10. South America Plastics for Composites Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 11. South America Plastics for Composites Market Revenue Share, By Type (2021 and 2028)
- Figure 12. Thermoset: South America Plastics for Composites Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 13. Polyester: South America Plastics for Composites Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 14. Vinyl Ester: South America Plastics for Composites Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 15. Epoxy: South America Plastics for Composites Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 16. Polyurethane: South America Plastics for Composites Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 17. Others: South America Plastics for Composites Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 18. Thermoplastic: South America Plastics for Composites Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 19. Polypropylene: South America Plastics for Composites Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 20. Polyethylene: South America Plastics for Composites Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 21. Polyvinylchloride: South America Plastics for Composites Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 22. Polystyrene: South America Plastics for Composites Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 23. Polyethylene Terephthalate: South America Plastics for Composites Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 24. Polycarbonate: South America Plastics for Composites Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 25. Others: South America Plastics for Composites Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 26. South America Plastics for Composites Market Revenue Share, By Technology (2021 and 2028)
- Figure 27. Injection Molding: South America Plastics for Composites Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 28. Compression Molding: South America Plastics for Composites Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 29. Pultrusion: South America Plastics for Composites Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 30. Resin Infusion: South America Plastics for Composites Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 31. Others: South America Plastics for Composites Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 32. South America: Plastics for Composites Market, by Key Country – Revenue (2021) (US$ Million)
- Figure 33. South and Central America: Plastics for Composites Market Revenue Share, by Key Country (2021 and 2028)
- Figure 34. Brazil: Plastics for Composites Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 35. Argentina: Plastics for Composites Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 36. Rest of South and Central America: Plastics for Composites Market – Revenue and Forecast to 2028 (US$ Million)
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