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Brazil Sealants Market Size

The Brazil sealants market is experiencing growth driven primarily by the construction and automotive industries, which are the largest contributors to the market size. The construction sector's demand for sealants is fueled by their essential role in waterproofing, weather-sealing, and joint-sealing, crucial for building and construction activities. Despite a temporary decline due to COVID-19, the market has seen a resurgence as construction activities resumed. In the automotive industry, sealants are vital for bonding various substrates, supported by Brazil's robust automotive manufacturing sector. Although the healthcare industry presents opportunities for sealants, its slower growth in Brazil may lead to a more modest impact on the overall market size.

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Market Size of brazil sealants Industry

Brazil Sealants Market Summary
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svg icon Study Period 2017 - 2028
svg icon Market Size (2024) USD 399.98 Million
svg icon Market Size (2028) USD 496.92 Million
svg icon Largest Share by End User Industry Building and Construction
svg icon CAGR (2024 - 2028) 5.58 %
svg icon Fastest Growing by End User Industry Building and Construction
svg icon Market Concentration Low

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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Brazil Sealants Market Analysis

The Brazil Sealants Market size is estimated at 399.98 million USD in 2024, and is expected to reach 496.92 million USD by 2028, growing at a CAGR of 5.58% during the forecast period (2024-2028).

399.98 Million

Market Size in 2024 (USD)

496.92 Million

Market Size in 2028 (USD)

7.06 %

CAGR (2017-2023)

5.58 %

CAGR (2024-2028)

Largest Market by End-user Industry

77.45 %

value share, Building and Construction, 2023

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In Brazil, building and construction is the dominant end-user industry owing to the wide range of sealant applications, including joint sealing, weather insulation, and others.

Fastest Growing Market by End-user Industry

5.87 %

Projected CAGR, Building and Construction, 2024-2028

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The building and construction industry is projected to witness the fastest growth in the market owing to the increasing demand for residential and commercial construction in the country.

Largest Market by Resin

40.50 %

value share, Silicone, 2023

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Silicone sealant is the major resin-based sealant owing to its largest application share in the building and construction industry for both interior and exterior applications.

Fastest Growing Market by Resin

5.73 %

Projected CAGR, Silicone, 2024-2028

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Due to its excellent tear and abrasion resistance and wide usage in building and construction, silicone resin is likely to witness the fastest growth in the coming years.

Leading Market Player

4.97 %

market share, Sika AG, 2021

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Sika AG has been witnessing increasing volume sales in Brazil. This increase is mainly due to innovation in their products and the wide range of sealant products offered by the company through various sales channels.

The slow growth of Brazilian medical device market affects the overall sealants market

  • Brazil's sealants market is dominated by the construction industry, followed by the automotive industry due to diverse applications of sealants in building and construction activities such as waterproofing, weather-sealing, cracks-sealing, and joint-sealing. Moreover, construction sealants are designed for longevity and ease of application on different substrates. The construction industry plays a vital role in the country’s economy. In 2019, the construction industry counted for 3.2% of the nation’s GDP. However, construction activities decreased in 2020 due to COVID-19 restrictions and scarcity of raw materials, which was partially restored in 2021, thus, proliferating the sealants demand across the country.
  • Sealants have considerable applications in the automotive industry due to their unique applicability to bind with various substrates such as glass, metal, plastic, and painted surfaces. Brazil has a strong presence of parts and components manufacturers for the automotive industry. In 2021, vehicle production increased by 11.2%, and the trend will continue in the upcoming future, which will subsequently boost the sealants demand.
  • The healthcare industry is mostly used sealants for assembling and sealing medical device parts. Medical-grade sealants have imposed weather-proofing, heat resistance, and anti-aging properties on the applied surfaces. The medical device market in Brazil is growing slowly. Therefore, the demand for sealants is likely to account for sluggish growth in the upcoming years.
Brazil Sealants Market

Brazil Sealants Industry Segmentation

Aerospace, Automotive, Building and Construction, Healthcare are covered as segments by End User Industry. Acrylic, Epoxy, Polyurethane, Silicone are covered as segments by Resin.

  • Brazil's sealants market is dominated by the construction industry, followed by the automotive industry due to diverse applications of sealants in building and construction activities such as waterproofing, weather-sealing, cracks-sealing, and joint-sealing. Moreover, construction sealants are designed for longevity and ease of application on different substrates. The construction industry plays a vital role in the country’s economy. In 2019, the construction industry counted for 3.2% of the nation’s GDP. However, construction activities decreased in 2020 due to COVID-19 restrictions and scarcity of raw materials, which was partially restored in 2021, thus, proliferating the sealants demand across the country.
  • Sealants have considerable applications in the automotive industry due to their unique applicability to bind with various substrates such as glass, metal, plastic, and painted surfaces. Brazil has a strong presence of parts and components manufacturers for the automotive industry. In 2021, vehicle production increased by 11.2%, and the trend will continue in the upcoming future, which will subsequently boost the sealants demand.
  • The healthcare industry is mostly used sealants for assembling and sealing medical device parts. Medical-grade sealants have imposed weather-proofing, heat resistance, and anti-aging properties on the applied surfaces. The medical device market in Brazil is growing slowly. Therefore, the demand for sealants is likely to account for sluggish growth in the upcoming years.
End User Industry
Aerospace
Automotive
Building and Construction
Healthcare
Other End-user Industries
Resin
Acrylic
Epoxy
Polyurethane
Silicone
Other Resins
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Brazil Sealants Market Size Summary

The Brazil sealants market is experiencing growth driven primarily by the construction and automotive industries. Sealants are extensively used in construction for applications such as waterproofing, weather-sealing, and joint-sealing, contributing significantly to the sector's demand. The construction industry is a crucial component of Brazil's economy, although it faced challenges during the COVID-19 pandemic, including reduced activities and material shortages. Despite these setbacks, the sector has shown signs of recovery, with ongoing infrastructure and housing projects boosting the demand for sealants. The automotive industry also plays a significant role, with sealants being essential for bonding various substrates like glass and metal. Brazil's strong automotive manufacturing presence supports this demand, with vehicle production rebounding post-pandemic.

In addition to construction and automotive, the healthcare sector utilizes sealants for medical device assembly, although its impact on market growth is modest. The market is characterized by fragmentation, with major players like 3M, Dow, Henkel AG & Co. KGaA, Sika AG, and Soudal Holding N.V. holding a significant share. The economic landscape, including Brazil's GDP and infrastructure investment levels, influences market dynamics. The country's relatively low infrastructure spending compared to global averages highlights potential growth opportunities for the sealants market. As Brazil continues to recover economically and attract investments, the demand for sealants is expected to rise, supported by ongoing developments in construction and automotive production.

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Brazil Sealants Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2028 and analysis of growth prospects)

    1. 1.1 End User Industry

      1. 1.1.1 Aerospace

      2. 1.1.2 Automotive

      3. 1.1.3 Building and Construction

      4. 1.1.4 Healthcare

      5. 1.1.5 Other End-user Industries

    2. 1.2 Resin

      1. 1.2.1 Acrylic

      2. 1.2.2 Epoxy

      3. 1.2.3 Polyurethane

      4. 1.2.4 Silicone

      5. 1.2.5 Other Resins

Brazil Sealants Market Size FAQs

The Brazil Sealants Market size is expected to reach USD 399.98 million in 2024 and grow at a CAGR of 5.58% to reach USD 496.92 million by 2028.

In 2024, the Brazil Sealants Market size is expected to reach USD 399.98 million.

Brazil Sealants Market Report Snapshots

Brazil Sealants Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2028