Global Superalloys Market — Rest of South America by End Use
| Label | South America | Mexico | Brazil | Rest of South America |
|---|---|---|---|---|
| 2013 | 44.68 USD Mn | 20.33 USD Mn | 14.78 USD Mn | 9.58 USD Mn |
| 2014 | 46.06 USD Mn | 20.94 USD Mn | 15.27 USD Mn | 9.85 USD Mn |
| 2015 | 47.95 USD Mn | 21.78 USD Mn | 15.94 USD Mn | 10.22 USD Mn |
| 2016 | 49.41 USD Mn | 22.43 USD Mn | 16.48 USD Mn | 10.51 USD Mn |
| 2017 | 50.44 USD Mn | 22.87 USD Mn | 16.87 USD Mn | 10.7 USD Mn |
| 2018 | 51.59 USD Mn | 23.38 USD Mn | 17.3 USD Mn | 10.91 USD Mn |
| 2019 | 52.86 USD Mn | 23.93 USD Mn | 17.77 USD Mn | 11.15 USD Mn |
| 2020 | 54.2 USD Mn | 24.52 USD Mn | 18.28 USD Mn | 11.41 USD Mn |
| 2021 | 55.82 USD Mn | 25.23 USD Mn | 18.87 USD Mn | 11.71 USD Mn |
| 2022 | 57.48 USD Mn | 25.96 USD Mn | 19.49 USD Mn | 12.03 USD Mn |
| 2023 | 59.19 USD Mn | 26.71 USD Mn | 20.13 USD Mn | 12.36 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
Mexico accounted for the largest market share in 2017 in the South America petroleum pitch market, and is expected to reach USD 26.71 Million in 2023 from USD 22.87 Million in 2017. However, Brazil is the fastest growing market, which is expected to grow at a CAGR of 3.08% during the forecast period 2018 - 2023. brake pads segment accounted for the largest market share in 2017, this market is expected to reach USD 23.08 Million in 2023 from USD 19.27 Million in 2017. This market is projected to grow at a CAGR of 3.13% during the forecast period from 2018 - 2023. However, brake pads segment is the fastest growing market, which is expected to grow at a CAGR of 3.13% during the forecast period 2018 - 2023. high performance segment accounted for the largest market share in 2017, this market is expected to reach USD 34.88 Million in 2023 from USD 29.01 Million in 2017. This market is projected to grow at a CAGR of 3.21% during the forecast period from 2018 - 2023. However, high performance segment is the fastest growing market, which is expected to grow at a CAGR of 3.21% during the forecast period 2018 - 2023.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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Global Superalloys Market — Brazil by End Use
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