The market is dominated by domestic suppliers, as imports account for 9.7% of total market size in 2024. B2B drives market demand, with B2B spending representing 86.2% of total demand in 2024. Brazil has the largest market size for paints and varnishes regionally, with demand reaching USD10.1 billion in 2024. Jotun Brasil Importacao, Exportacao e Industria de Tintas Ltda is the largest company in Brazil, generating 4.7% of the industry’s total production value in 2024. The industry is fragmented, with the top five companies generating 19.0% of total production value in 2024. The total number of companies increases in 2024, to 9,284 units. The costs of the industry decrease by 1.3% in 2024, largely driven by declining B2B costs. The industry’s profitability increases and stands at 19.4% of production value in 2024, the 13th highest regionally. The industry’s exports share increases in 2024 to 3.4% of total production output. With production value of USD6.3 billion, Brazil accounts for 39.3% of the Latin America total in 2024.
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This Euromonitor industrial report provides unique information on Paints and Varnishes in Brazil: ISIC 2422. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Paints and Varnishes in Brazil: ISIC 2422 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Chemical Products in Brazil report includes:
- Five year forecasts on industry’s historic trends and growth
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- Historic data on industry’s turnover, market size, imports and exports
- Detailed overview of industry’s supply and demand structure
- Analysis of competitive landscape changes within the industry
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- Is industry’s competitive landscape concentrated or fragmented?
Paints and Varnishes in Brazil: ISIC 2422
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MARKET OVERVIEW
Chemical Products
This is the aggregation of basic chemicals, fertilisers and nitrogen compounds, man-made fibers, paints and varnishes, pesticides and other agro-chemical products, photochemicals, explosives and other chemicals, plastic in primary forms and synthetic rubber.
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