Brazilian composites trade group projects 11 percent growth in 2010

ABMACO announced on Sept. 2 that the Brazilian sector of composites materials may post revenues of $1.3 billion (USD) by the end of 2010.

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Brazil’s composites industry, the largest in Latin America, is likely to reach a value of $1.3 billion (USD) in revenue by the end of 2010, according to the Brazilian Composite Materials Assn. (ABMACO, São Paulo, Brazil). The revenue figure is 11 percent higher, compared to that posted in 2009. According to ABMACO, approximately 210,000 metric tonnes (462.97 million lb) of materials might be consumed by year’s end, compared to 183,000 metric tonnes (403.45 million lb) in 2009 — a 14.7 percent increase. The figures are part of the latest quarterly market survey carried out by the Association. Although the quarterly data do not reflect figures for composites usage in individual end-markets, Gilmar Lima, president of ABMACO and general manager of composites processor MVC Soluções em Plásticos (São José dos Pinhais, Brazil), says he believes civil construction, transportation and wind power will remain the top consumers of composite materials. “There are important projects underway in these three segments,” he says, noting that in these areas “composites materials are the first option.” The reports are available at www.abmaco.org.br.

Founded in 1981, ABMACO – Brazilian Association of Composite Materials was originally created as ASPLAR – Reinforced Plastics Assn., which subsequently became the Brazilian Plastics Compounds Assn. The joining of ASPLAR and Abrapoli (the Brazilian Polyester Resins Producers Assn.), gave birth to ABMACO, which has as its main objective to promote the development and dissemination of the composites market in Brazil. ABMACO membership currently numbers 252 companies that are responsible for production and distribution of raw materials and auxiliary products; services; and molding composites, in several segments of the Brazilian Economy.