Brazilian composites industry reports 9% of revenue growth in 2013
Companies represented by ALMACO earned US$ 1,354 billion
The Brazilian composites sector reported a US$ 1,354 billion revenue in 2013, which corresponds to a 9% increase in comparison with the previous year. During the period, the production volume rose 1.7%, totaling 210,000 tons. The data are from Maxiquim, a consulting firm hired by the Latin American Composite Materials Association (ALMACO).
In 2013, the construction sector led the Brazilian consumption of composites, with 49% of the total processed, ahead of transportation (17%), corrosion (11%) and sewage treatment (6%) – totaled 154,000 tons and US$ 1,015 billion. The applications in wind power, which use composites based on epoxy resins, consumed 56,000 tons and generated a turnover of US$ 338 million.
For 2014, revenues are expected to total US$ 1,509 billion, that is, an increase of 11.5% for an estimated production of 216,000 tons (+2.9%). This significant growth is mainly sustained by the building industry performance.
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