Dallas - November 16, 2009 - The Brazilian Composites Industry
is the largest in Latin America and is witnessing strong growth as a production
hub for South America. Many important global players participate in the Brazilian
composites industry such as Reichhold, Ashland, Owens Corning, Huntsman, Azko Nobel,
3M along with Brazilian giants such as Elekeiroz, Embrapol, Cromitec, Fiacbras.
The Brazilian Composites Industry is expected to reach USD $4.0 billion at a CAGR
of 9% in 2013. The market is characterized by a large number of small-sized players
in molding and fabrication and a moderate number of material suppliers that are
mostly global players. The Brazilian government's PROINFA program has led to solid
investments in wind energy farms which has helped drive increased past and future
demand for composites for the the construction of wind turbines.
To showcase and explore growth opportunities in the fast growing Brazilian Composites
Market, Lucintel is conducting a webinar entitled "Opportunities and Competitiveness
of Brazilian Composites Market" on December 10, 2009. This webinar will discuss
innovations and technological advancements related to the Brazilian composites market,
with a main focus on the innovation, opportunities, expansion and other advancements
in this Market.
Participants would be able to gather key insights from experts like Rodrigo Oliviera
and Martin Pena from ARA Ashland, Juliana M. Mota from Alltec composites, and Rajesh
Padhi from Lucintel. These speakers will cover the important and valuable aspects
of the Brazilian composites industry. In this webinar you will get an excellent
opportunity to absorb the learning of this industry.
Substantial emerging opportunities exist in the Brazilian market in preparation
for the 2014 Football World Cup and also for the 2016 Summer Olympics. Being host
to the two largest sporting events in the world will demand substantial civil construction
projects across Brazil. Additionally government spending for housing programs and
the automotive industry's demand for lighter weight and greater fuel-efficiency
cars is also expected to provide a substantial boost in demand for composites. Also,
key sectors with forecasted high growth rates in composites application include
pipe and tanks, wind energy, aerospace, marine and electrical and electronics.
Overall stronger economic fundamentals such as improved consumer confidence, tax
cuts, better credit terms, stable & low inflation and overall economic stability
have provided a boost to increased consumer spending and strong domestic demand.
Opportunities exist across the composites value chain and those than take early
mover advantage can be expected to profit greatly.
To learn more about this webinar, visit www.lucintel.com/webinar
or email to Tushita Roy at tushita.roy@lucintel.com.
This webinar is sponsored by Lucintel, which provides cutting edge decision support
services that help you make critical decisions with greater speed, insight and cost-efficiency.
To find out more, visit
www.lucintel.com.