The Brazilian man-made fibres sector experienced steady growth, with value added projected to increase from 13.51 billion in 2024 to 16.36 billion Brazilian Reals by 2028. Notable is the consistent year-on-year growth, with an average increase of around 4.8% annually (CAGR). In 2023, the sector was valued at 12.90 billion Brazilian Reals.
Future trends to watch for include:
- Increased investment in sustainable production to meet environmental standards.
- Potential expansion in domestic and export markets due to technological advancements.
- Shifts in consumer preferences towards sustainable materials influencing demand.