23 May 2011
23 May 2011
Research commissioned by ABMACO has found that the Brazilian composites industry revenue has grown by 16.3% in the first quarter of this year.
The research reported that the industry sold $440 US million in the first quarter of this year, an increase of 16.3% despite the consumption of raw falling 8.7% to 46,900 tons suggesting the difference between the indicators was mainly due to repeated increase in the prices of petrochemical inputs.
The study, completed by Maxiquim, also forecasts an increase of 8.2% in the sector’s total revenue in 2011, reaching $1.725 US billion. The consultancy estimates that Brazil will process 214,000 tons of raw materials which is 4.8% higher than the reached in 2010 which they believe will increase the number of jobs by 1.8%, totaling approximately 75 thousand vacancies.
“All segments that consume composites materials must grow this year, but we believe that civil construction, wind energy generation and transportation will be responsible for even more expressive indexes”, says Gilmar Lima, ABMACO’s president. Lima highlights the positive impact that the anticipation on the acquisition of trucks and buses will promote in the last quarter of 2011, due to Euro 5 standard, which will come into force in the beginning of 2012 where vehicles adjusted to the new regulation, which controls the emissions of pollutants, are more expensive. “On the other hand, scarcity of qualified workforce in our sector is what concerns us, as well as the uncontrolled increase in prices of main inputs, the overvaluation of Real and the chronic lack of government investment in infrastructure”, he says.
The research found that of the 162,000 tons, or 79%, polyester resin composites processed in 2010, civil construction were the highest consumer using 46%. Other consumers were: car manufacturers (16%), corrosion (11%), sanitation (7%), electricity (4%), nautical (3%), petroleum (1%) with others completing the list. Participation in revenues found some changes from 2010, these are: civil construction (37%), transportation (24%), corrosion (15%) and sanitation (8%).
The report found that manual technologies (Hand Lay-up and Spray-up) were ahead with 54.8%, followed by RTM (16.1%), Filament Winding (9.8%), Continuous Lamination (6.2%), Pultrusion (4.6%), BMC/SMC (2.8%) and others (5.6%).
It was reported that there were 43,000 tons of epoxy composited processed in 2010, total revenue of $353 US million. Of this the wind energy generation held 87.7% followed by the petroleum sector (5.9%), electronics (2.1%) and others (4.3%). The infusion process, which can be employed in wind blade manufacture, was the used mostly by the manufacturers (92.3%).
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