Brazilian Market for Plastics Machinery - Automotive
Brazil is Europe's most important trading partner in Latin America. In 2019 the export of plastics and rubber machinery from the EU (incl. UK) to Brazil amounted to 154 Million Euro. To have a close look on the Brazilian Market for Plastics Machinery, EUROMAP, in cooperation with the VDMA Services GmbH, gave MaxiQuim, the largest Brazilian consulting company for the chemical industry, the order, to analyse the current machine installations and to evaluate the prospects for the future.
After the packaging industry was analysed in 2019, MaxiQuim interviewed 15 companies from the automotive sector in the beginning of 2020. Although the results are now affected by COVID-19 which has led to a reduction in production, they give an overview e.g. about the average age of machines, degree of automation and purchase criteria. One recommendation is to improve the credit condition for acquiring machines.
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EUROMAP members can request the study by mail to firstname.lastname@example.org.