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The growth in the automotive industry should create greater demand for powder coatings in Brazil.
Brazil’s sales of new vehicles including buses and trucks surged by 14% in 2024 to a 10-year high, according to the Associacao Nacional dos Fabricantes de Veiculos Automotores (Anfavea). Full-year sales amounted to 2.63 million vehicles in 2024, returning the country to a global ranking of eighth largest among markets, according to the organization. The projection for 2025 production is for an 8.4% increase in light vehicles, including cars and pickup trucks, to 2.58 million units, Anfavea suggested. Total production, including commercial vehicles, is expected to hit 2.8 million units in 2025. Of those produced, 428,000 are expected to be exported during 2025, an increase of 7.4% above the 2025 level, the group said. The 2025 projections could be conservative, given the tendency for second-half sales to rise rapidly. “In the comparison of the second half of 2024 with the first half, production was up 26.2%, registrations were up 32% and exports were up 44.2%,” said Anfavea president Márcio de Lima Leite, in an industry pronouncement. “Normally the second-half numbers grow at a faster rate but this [past] year we had a fantastic second half, the best in the last 10 years,” Leite said.
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