With estimated net revenues of USD 119.6bn in 2017, Brazil’s chemical sector was the eighth largest in the world and the leader in Latin America. Compared to 2016, the industry’s turnover rose by 9.5% y/y, as the uptick in economic activity propelled the domestic demand for chemicals from the main industrial consumers – the agriculture, automotive and durable goods sectors. However, the country remains highly dependent on imports of chemical products, as local production is not able to entirely meet domestic demand. Since 1991, the trade deficit in chemicals has increased nearly 15 times, reaching USD 23.4bn in 2017. A major factor for this negative development can be attributed to poor investment in R&D and modernisation of production capacity that has led to a steady loss of competitiveness of domestic chemical products. The 2015-2016 economic recession unleashed a restructuring

01 EXECUTIVE SUMMARY

02 SECTOR FORECAST

03 SECTOR IN FOCUS

04 COMPETITIVE LANDSCAPE

05 COMPANIES IN FOCUS

06 REGULATORY ENVIRONMENT

07 INDUSTRIAL CHEMICALS

08 END-USE CHEMICAL

PRODUCTS