NetComposites
Juniar Spraybooths

Sales in the Brazilian Composites Sector Totaled US$ 335 Million in the First Half

11 October 2016

A report ordered by the Latin American Composite Materials Association (ALMACO) shows sales in the Brazilian composites industry totaled US$ 335 million in the first half of this year, which corresponds to a 30% drop compared to the same period of 2015.

According to the consulting firm Maxiquim, the decline in processed material corresponded to 27.8%, totaling 66,5000 tons. When compared to the second half of last year, the shrinkages were, respectively, 8% and 5.5%.

“Composites are widely consumed by the transportation sector, especially automakers of buses and truck, which have been experiencing a very complicated situation. There was also a decline in demand in the wind energy market, the only sector that had been immune to the crisis so far. In parallel, the companies in our supply chain were not sufficiently capitalised to face such a long recession, deteriorated by the credit restriction and cost, which prevents the development of new products,” said Gilmar Lima, President of ALMACO.

For 2016, Maxiquim estimates a turnover of US$ 720 million, or 13.7% lower than in the previous result – in  terms of volume, it should total 136,000 tons, 8.8% lower than in 2015. “Still, I have no doubt that 2017 will be better, despite the lower results reported this year”. Lima believes that the recovery will begin with the infrastructure, construction and wind energy markets. “The sports segment, inspired by the Olympics, should also generate important opportunities for composite materials.”

According to the President of ALMACO, the companies should do their best to ensure that their values and advantages remain unchanged despite the difficult times experienced now. “Those who have not lost know-how with the departure of talents will face exceptional years from now on.”

 






Related / You might like...

LANXESS Strengthens R&D for Aqueous Polyurethane Dispersions

LANXESS will open a new applications development and technical services (AD & TS) laboratory for polyurethane dispersions (PUDs) in Latina, Italy. This will be capable of supporting market needs in a variety of coatings and adhesives applications in leather and textile finishing, plastic, glass and metal substrates coatings, as well as glass fibre sizing. 

CGTech Expands Partnership with Siemens PLM Software to Deliver Teamcenter Integration

CGTech now offers a connection with Siemens' Teamcenter software as part of its toolpath simulation software VERICUT.

Dilutec´s Gelcoats Meet Shipyard Requirements

Brazilian company Dilutec has developed a complete gelcoat portfolio for shipyards, for applications ranging from the manufacture of the boat mould to small repairs of the hulls and decks.