Sales in the Brazilian Composites Industry Fell 4% in 2016

May 15 2017

In 2016, sales in the Brazilian composites industry totaled USD 810 million, 4% lower than in the previous year. The consumption of raw materials fell 1.3%, totaling 159,000 tons. In terms of operational level, the period marked the worst result of the series, with only 55% of plant occupancy, while the number of jobs fell to 4%, totaling 60,500 jobs. These figures are from the Latin American Composite Materials Association (ALMACO).

According to ALMACO’s survey, the situation should not get any better in 2017. The expected turnover for the Brazilian sector should reach USD 775 million – a further drop of 4% –, while the consumption of raw materials should fall 2.5%, reaching 155,000 tons.

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