The Brazil construction market size was valued at USD 135.67 Billion in 2025. The market is further projected to grow at a CAGR of 6.30% between 2026 and 2035, reaching a value of USD 249.93 Billion by 2035.
Base Year
Historical Period
Forecast Period
In December 2023, Brazil's construction cost was reported at 1,722.190 BRL/sq m, showing an increase from the previous month's figure of 1,717.710 BRL/sq m.
As per industry reports, Brazil's GDP from construction increased to 16,505.79 BRL Million in the fourth quarter of 2023 from 16,305.02 BRL Million in the third quarter of 2023.
Construction projects, such as construction of a residential complex on 32.08 hectares of land in Salvador, Bahia which is anticipated to be completed in Q4 2025 are influencing the Brazil construction market development.
Compound Annual Growth Rate
6.3%
Value in USD Billion
2026-2035
*this image is indicative*
Government's plan to increase domestic oil production to 5.4 million barrels per day by 2030, government's focus to increase the production of green hydrogen, and government's plan to reduce greenhouse gas (GHG) emissions by 37% by 2025 and by 50% by 2030, based on 2005 levels has led to investments in industrial, transport, renewable energy, housing, and oil sectors. This can drive the Brazil construction market growth. Additionally, the Brazilian government has set ambitious targets, such as constructing two million affordable homes by 2026, which is driving investment and growth in the construction sector.
In the commercial sector, investments in football stadiums, office, and data centre projects will drive growth over the forecast period. The industrial sector will also benefit from Brazil's target of manufacturing a total of 1 million hybrid (HEV) and battery (BEV) electric vehicles by 2030, supporting the growth of manufacturing plants and waste processing plants.
Residential construction will benefit from the government's initiatives to reduce the country's housing deficit and guarantee the right to affordable housing to its citizens. The demand for modern and efficient office spaces is also increasing in Brazil, especially in major cities like Sao Paulo and Rio de Janeiro. Developers are investing in new commercial projects, including high-rise office buildings and business parks, to cater to this demand. The demand for modern and efficient healthcare facilities is also increasing in Brazil, driven by the growing population and the need for better healthcare services. Developers are investing in new institutional projects, including hospitals, clinics, and medical research centres, to cater to this demand. This can influence the Brazil construction market development.
"Brazil construction market Report and Forecast 2026-2035" offers a detailed analysis of the market based on the following segments:
Market Breakup by Construction Type
Market Breakup by End Use
Market Breakup by Region
Market players are investing in projects in sectors like transport, housing, renewable energy, and oil to drive growth in the construction industry.
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2025, the market reached an approximate value of USD 135.67 Billion.
The market is expected to grow at a CAGR of 6.30% between 2026 and 2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach USD 249.93 Billion by 2035.
The market is being driven due to rising urbanisation, increasing demand for smart homes, and rising institutional development.
Key trends aiding the market expansion include investment in industrial, transport, renewable energy, housing, and oil sectors, government's plan to increase domestic oil production, and government's focus to increase the production of green hydrogen.
Regions considered in the market are São Paulo, Minas Gerais, Rio de Janeiro, Bahia, Rio Grande do Sul.
Based on end use, the market segmentations include commercial, residential, industrial, and institutional.
New construction and renovations are considered in the report.
Key players in the market are Odebrecht Engineering and Construction S.A., Andrade Gutierrez S.A., Queiroz Galvão S.A., Camargo Corrêa Construction Company, MRV&CO Group, Construcap CCPS Engenharia and Comércio SA, Grupo A.R.G., Racional Engenharia Ltda., Direcional Engenharia, and GAFISA S/A, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Construction Type |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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