Brazil Acrylonitrile-Butadiene-Styrene (ABS) Market

Brazil Acrylonitrile-Butadiene-Styrene (ABS) Market Overview:

The Brazil acrylonitrile-butadiene-styrene (ABS) market size reached USD 544.20 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,021.31 Million by 2033, exhibiting a growth rate (CAGR) of 6.71% during 2025-2033. The Brazil acrylonitrile-butadiene-styrene (ABS) market is driven by the growing automotive sector, rising construction activities, increasing demand for consumer electronics, and expanding domestic plastic manufacturing capabilities, supported by investments in local production, government initiatives for industrial growth, and a shift toward lightweight, durable, and recyclable materials across various industries.

Brazil Acrylonitrile-Butadiene-Styrene (ABS) Market Trends:

Growth of the Automotive Industry

Brazil's automotive industry has experienced a strong growth and is a major driver of ABS demand. In 2024, Brazil's automobile sales increased 15% to 2.6 million units per year, including cars, light commercial vehicles, trucks and buses. On account of its strength, influence, and attractiveness, ABS is widely used in car components, such as the surveillance panel, dashboard panels, and external components. Growing automobile production requires better materials such as ABS to meet consumer and regulatory standard’s needs. In addition, the transition of the automotive industry towards electric and hybrid cars further highlights this demand. Research forecasts that by 2030, the sales of all-electric or hybrid automobiles in Brazil will beat those of conventional combustion engine vehicles. Such a shift requires the employment of light and strong materials, and ABS ranks high as a possible contender on account of its desirable attributes. Investments in the automobile sector have also reached new heights, amounting to US$29.63 billion in 2024, of which US$21.40 billion was made by vehicle manufacturers and US$8.23 billion by the automotive parts industry. These investments reflect the sector's focus on innovation and capacity building, further driving the need for ABS in manufacturing operations.

Expansion of the Construction Sector

The Brazilian construction industry is yet another pillar driving ABS consumption. The industry is likely to increase by 5.1% in 2024 to a value of BRL 707.59 billion. The industry is likely to sustain this growth at an average annual rate of 3.6% from 2025 through to 2028, driven by government policies on infrastructure development and the emphasis on renewable energy schemes. ABS is used extensively in the construction field, especially to make pipes, fittings, and other interior hardware, due to its strength and ease of processability. An increase in domestic and commercial construction activities enhances the demand for safe materials such as ABS. Significantly, statistics from the Brazilian Chamber of Construction Industry (CBIC) pointed to a 17.3% year-on-year increase in the overall number of residential units rolled out locally during the first nine months of 2024, a stark difference from the 4% decrease experienced in 2023. In addition, the Brazilian average cost of building construction has been escalating, standing at 1,722.190 BRL per square meter as of December 2023, from 1,717.710 BRL per square meter in the month before. The rise indicates enhanced demand for high-quality construction materials, such as ABS, to satisfy the changing standards and requirements in the market.

Brazil Acrylonitrile-Butadiene-Styrene (ABS) Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033 Our report has categorized the market based on type, application, and region. 

Type Insights:

• Opaque
• Transparent
• Colored

The report has provided a detailed breakup and analysis of the market based on the type. This includes opaque, transparent, and colored.

Application Insights:

• Appliances
• Electrical and Electronics
• Automotive
• Consumer Goods
• Construction
• Others

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes appliances, electrical and electronics, automotive, consumer goods, construction, and others.

Regional Insights:

• Southeast
• South
• Northeast
• North
• Central-West

The report has also provided a comprehensive analysis of all the major regional markets, which include Southeast, South, Northeast, North, and Central-West.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Brazil Acrylonitrile-Butadiene-Styrene (ABS) Market News:

• February 2025: Renault Group and Geely Holding Group entered a framework agreement to strengthen their strategic partnership in Brazil, concentrating on the manufacturing and sales of low and zero emission vehicles, with Geely Holding expected to acquire a minority stake in Renault do Brasil. ABS is used in dashboards, bumpers, interior trims, and body panels due to its durability and impact resistance.
• November 2024: Chinese home appliance makers, such as Midea Group and TCL Technology Group, are expanding their investments in Brazil, focusing on localized operations including research and development, production, and marketing to tap into the South American market. ABS is widely adopted for laptop casings, TV frames, smartphone covers, and other electronic housings for its lightweight and heat-resistant properties.

Brazil Acrylonitrile-Butadiene-Styrene (ABS) Market Report Coverage:

Key Questions Answered in This Report:

• How has the Brazil acrylonitrile-butadiene-styrene (ABS) market performed so far and how will it perform in the coming years?
• What is the breakup of the Brazil acrylonitrile-butadiene-styrene (ABS) market on the basis of type?
• What is the breakup of the Brazil acrylonitrile-butadiene-styrene (ABS) market on the basis of application?
• What are the various stages in the value chain of the Brazil acrylonitrile-butadiene-styrene (ABS) market? 
• What are the key driving factors and challenges in the Brazil acrylonitrile-butadiene-styrene (ABS) market?
• What is the structure of the Brazil acrylonitrile-butadiene-styrene (ABS) market and who are the key players?
• What is the degree of competition in the Brazil acrylonitrile-butadiene-styrene (ABS) market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Brazil acrylonitrile-butadiene-styrene (ABS) market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Brazil acrylonitrile-butadiene-styrene (ABS) market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Brazil acrylonitrile-butadiene-styrene (ABS) industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.