Forging manufacturers in Brazil have market advantages in several fields, including automotive, oil and gas, agriculture and mining. The Brazilian forging industry’s market advantages in different fields are listed below:
- Automotive Industry
Brazilian forging manufacturers provide key components to the automotive industry, such as crankshafts, piston pins and brake discs. The automotive industry has been an important part of the Brazilian economy. However, with technological advancement and increased competition, Brazilian car manufacturers increasingly require high-quality components. According to data, Brazil produced 2.458 million vehicles, and the total output value of the automotive industry in 2019 reached $22 billion.
- Oil and Gas Industry
Brazil is a country rich in petroleum and natural gas reserves and has deep-sea oil and gas reserves ranking high in the world. Brazilian forging manufacturers provide various components for the oil and gas industry, such as flanges, which are indispensable components in oil and gas pipelines. Flanges produced by Brazilian forging manufacturers are of high quality and occupy a considerable share in the domestic market. According to data from Petrobras, Brazil’s national oil company, oil production in 2019 was 30.6 million tons.
- Agriculture
Brazilian agriculture is one of the largest agricultural commodity exporting countries in the world. However, for instrumentation and control systems, agricultural machinery components require high-quality, reliable forgings. Brazilian forging manufacturers provide key components for agricultural machinery manufacturers, such as iron plowshares and chains. According to reports from Brazilian economists, the cultivated area in Brazil reached 78.49 million hectares in 2019.
- Mining
Brazil has abundant resources in the mining industry, and forging components are crucial in mines because high-quality components can prolong equipment life and reduce maintenance costs. Brazilian forging manufacturers produce important components such as steel plate winches and compressors, which have high durability and can meet the demands of mining production. According to Brazilian government statistics, the mining industry’s output value in Brazil reached $47.72 billion in 2019.
Overall, the Brazilian forging industry is leading in many fields and has broad market prospects. Brazilian forging manufacturers provide high-quality, high-performance forging products to meet various industries’ needs through continuous innovation and technological progress.
