Reports
Sale
Latin America Construction Market Size, Share, Analysis: By Construction Type: New Constructions, Renovation; By End Use: Commercial, Residential, Industrial, Education and Research, Medical and Healthcare, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
Latin America Construction Market Outlook
The Latin America construction market size reached USD 9.11 billion in 2023. The market is projected to grow at a CAGR of 4.2% between 2024 and 2032, reaching almost USD 13.19 billion by 2032.
Key Takeaways
- Inadequate housing is a major challenge in Latin America, which houses nearly 624 million people.
- Brazil received $1.7 billion worth of loans from NDB for the construction of green infrastructure projects across the country.
- The government of Paraguay announced an investment of $5.5 billion to improve regional connectivity and social infrastructure in the region.
The escalating rate of urbanisation and the shift towards sustainability have prompted the construction of sky-high buildings in Latin America using eco-friendly materials like wood. This is because wood has excellent hygroscopic and thermal properties, which creates a pleasant experience for inhabitation. This is expected to drive the Latin America construction market expansion over the forecast period.
Increasing collaboration among different stakeholders aimed at developing smart cities is also expected to facilitate the market growth. For instance, in 2023, the government of Guyana entered into an agreement with the University of Miami to develop Silica Smart City near the Guyana International Airport on an 11,000-acre land. It is expected to accommodate nearly 60,000 people and have a city centre as well as a research region known as the Innovation Village inside it. The city aims to integrate biophilic designs and intelligent technologies, including AI into building construction, which will enable people to live smartly.
With the construction of 319 GW of renewable energy power plants over the next 7 years, the Latin America construction market growth is expected to receive a significant boost. Moreover, to enhance resilience towards climate change and natural disasters, Latin American governments are expected to invest $2.2 trillion in the construction and maintenance of important infrastructure projects in key sectors like energy, sanitation, logistics, and housing, among others.
Market Segmentation
Latin America Construction Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments
Market Breakup by Construction Type
- New Constructions
- Renovation
Market Breakup by End Use
- Commercial
- Residential
- Industrial
- Education and Research
- Medical and Healthcare
- Others
Market Breakup by Region
- Brazil
- Mexico
- Argentina
- Others
The key market players are Sigdo Koppers S.A., MRV&CO, Grupo Carso, S.A.B. de C.V., Techint E&C S.A., Aenza, Salfacorp S.A., Mota-Engil Group, Echeverría Izquierdo S.A., Amarilo S.A.S., Marval S.A., CONSTRUCTORA CAPITAL BOGOTÁ S.A.S, and Arquitectura Y Concreto S.A.S, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Construction Type |
|
| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Construction Market Overview
8.1 Key Industry Highlights
8.2 Global Construction Historical Market (2018-2023)
8.3 Global Construction Market Forecast (2024-2032)
8.4 Global Construction Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 Latin America Construction Market Analysis
9.1 Key Industry Highlights
9.2 Latin America Construction Historical Market (2018-2023)
9.3 Latin America Construction Market Forecast (2024-2032)
10 Latin America Construction Market by Construction Type
10.1 New Constructions
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Renovation
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 Latin America Construction Market by End Use
11.1 Commercial
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Residential
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Industrial
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Education and Research
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Medical and Healthcare
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Construction Market by Country
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Mexico
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Argentina
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Sigdo Koppers S.A.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 MRV&CO
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Grupo Carso, S.A.B de C.V.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Techint E&C S.A.
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Aenza
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Salfacorp S.A.
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Mota-Engil Group
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Echeverría Izquierdo S.A.
14.2.8.1 Company Overview
14.2.8.2 Product Portfolio
14.2.8.3 Demographic Reach and Achievements
14.2.8.4 Certifications
14.2.9 Amarilo S.A.S.
14.2.9.1 Company Overview
14.2.9.2 Product Portfolio
14.2.9.3 Demographic Reach and Achievements
14.2.9.4 Certifications
14.2.10 Marval S.A.
14.2.10.1 Company Overview
14.2.10.2 Product Portfolio
14.2.10.3 Demographic Reach and Achievements
14.2.10.4 Certifications
14.2.11 CONSTRUCTORA CAPITAL BOGOTÁ S.A.S
14.2.11.1 Company Overview
14.2.11.2 Product Portfolio
14.2.11.3 Demographic Reach and Achievements
14.2.11.4 Certifications
14.2.12 Arquitectura Y Concreto S.A.S
14.2.12.1 Company Overview
14.2.12.2 Product Portfolio
14.2.12.3 Demographic Reach and Achievements
14.2.12.4 Certifications
14.2.13 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Latin America Construction Market: Key Industry Highlights, 2018 and 2032
2. Latin America Construction Market: Key Industry Highlights, 2018 and 2032
3. Latin America Construction Historical Market: Breakup by Construction Type (USD Billion), 2018-2023
4. Latin America Construction Market Forecast: Breakup by Construction Type (USD Billion), 2024-2032
5. Latin America Construction Historical Market: Breakup by End Use (USD Billion), 2018-2023
6. Latin America Construction Market Forecast: Breakup by End Use (USD Billion), 2024-2032
7. Latin America Construction Historical Market: Breakup by Country (USD Billion), 2018-2023
8. Latin America Construction Market Forecast: Breakup by Country (USD Billion), 2024-2032
9. Latin America Construction Market Structure
Key Questions Answered in the Report
The market was valued at nearly USD 9.11 billion in 2023.
The market is projected to grow at a CAGR of 4.2% between 2024 and 2032.
The market is assesses to witness a healthy growth in the forecast period to reach around USD 13.19 biliion in 2032.
The different construction types in the market include new constructions and renovation.
The major end uses of construction include commercial, residential, industrial, education and research, and medical and healthcare, among others.
The major countries in the market are Brazil, Mexico, and Argentina, among others.
The key market players are Sigdo Koppers S.A., MRV&CO, Grupo Carso, S.A.B. de C.V., Techint E&C S.A., Aenza, Salfacorp S.A., Mota-Engil Group, Echeverría Izquierdo S.A., Amarilo S.A.S., Marval S.A., CONSTRUCTORA CAPITAL BOGOTÁ S.A.S, and Arquitectura Y Concreto S.A.S, among others.
Purchase Options 10% off
Call us
Purchase Full Report
Mini Report
$ 2199
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 3299
$2999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 4399
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER