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Peru Construction Materials Market Size, Growth, Trends, Research, Forecast: By Type: Tiles Adhesives, Grouts, Waterproofing, Concrete Admixture, Others; By End Use: Residential, Commercial, Industrial, Medical and Healthcare, Others; Market Dynamics; Competitive Landscape; Key Trends and Developments in the Market; 2018-2028
Peru Construction Materials Market Outlook
The market size for Peru construction materials reached a value of more than USD 166.64 million in 2022. The Peru construction materials market size is expected to grow at a CAGR of 4.3% between 2023 and 2028, reaching a value of USD 214.08 million by 2028.
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Key Trends in the Market
Construction materials are the substances such as wood, metals, cement, bricks, clay, concrete which are used in the assembly of structures or buildings. A variety of materials such as waterproofing materials, construction chemicals, and durability aids, among others are termed as modern construction materials. They are important in the creation of structurally-sound buildings and other components that are durable, robust, and safe for use.
- Construction in the industrial sector is expected to increase rapidly in Peru which will increase the demand for construction materials. Construction is subjected to rise owing to an increase in mining, manufacturing, and export activities which is driven by a strong pipeline of mining projects.
- Increasing investments in the infrastructure for the energy and utility sector, including water, electricity, and telecommunication all over the country is subjected to help the market to grow.
- Initiatives by the government to re-build houses, roads, and other structures in the flood-affected regions in Peru is expected to support in the Peru construction materials market growth.
Market Analysis
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Based on type, the market can be divided into tiles adhesives, grouts, waterproofing, and concrete admixture, among others. By end use, the market is segmented into residential, commercial, industrial, and medical and healthcare, among others.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Peru construction materials market covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- Sika AG
- Bostik, Inc.
- Saint-Gobain
- W.R. Meadows, Inc.
- MAPEI Corporation
- CEMEX S.A.B. de C.V.
- Others
Market Share by Type
The share of waterproofing in the Peru construction materials market is on the rise, as more companies and the government are investing in protecting buildings and structures from water damage. Owing to the humid temperature in Peru throughout the year and annual rain volume, demand for waterproofing has been growing.
Concrete admixture has also observed a rapid growth in the Peru construction materials market because of increasing construction activities and improvement in the older buildings, supplementing existing structurers with concrete and concreate admixtures. Concrete admixtures are chemicals obtained either naturally and by manufacturing that are added in the process of concrete mixing to improve the properties of hardened or fresh concrete.
Self-construction in Peru is a major factor affecting the growth of the demand for concrete admixture. Many people in the country still practise ancestral construction methods using ‘noble materials’ which includes concrete, among other materials.
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Market Share by End Use
The residential sector accounts for a sizable share in the Peru construction materials market based on end use because of the increase in social housing programmes supported by the Peruvian government. Public private partnership housing along with bioclimatic homes projects are subjected to further enhance the growth of the market.
The commercial end use segment of the construction materials market in Peru is also expected to grow in the forecast period. This is due to investments aimed at bolstering tourism sector in the country, by improving the infrastructure to cater to international and domestic tourists. The medical and healthcare infrastructure is also improving, fuelled by investments from the government aimed towards improving healthcare capabilities within Peru.
Competitive Landscape
Sika AG is a specialty chemicals company that manufactures and supplies products manufactured by them to the motor vehicle industry and building sector. Their developed systems are mostly used for various purposes such as sealing, reinforcing, bonding, damping, and protecting. It has its headquarter in Baar, Switzerland and was founded in 1910.
Bostik Inc. was established in 1889 and is headquartered in Colombes, France. It is an adhesive manufacturing company that develops and distributes specialty sealants and adhesives used in various sectors such as packaging, labels, construction, aerospace, tapes, rail, automotive, and aerospace, among others. They also develop durable goods, disposable hygiene products, and advanced packaging and consumer goods.
Saint-Gobain was founded in 1665 and is based in Courbevoie, France. It is primarily a mirror manufacturing company but also manufactures and supplies various other materials. These include construction and other high-performance products such as fire resistant glass, solar control glass and varieties of float glasses. Their solutions consist of fire and safety windows, shower cubicles, writing boards, kitchen shutters, and LED mirrors.
Other market players include W.R. Meadows, Inc., MAPEI Corporation, and CEMEX S.A.B. de C.V., among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by End Use |
|
| 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 Industry Opportunities and Challenges
8 Peru Construction Materials Market Analysis
8.1 Key Industry Highlights
8.2 Peru Construction Materials Historical Market (2018-2022)
8.3 Peru Construction Materials Market Forecast (2023-2028)
8.4 Peru Construction Materials Market by Type
8.4.1 Tiles Adhesives
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Grouts
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Waterproofing
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Concrete Admixture
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.5 Peru Construction Materials Market by End Use
8.5.1 Residential
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Commercial
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Industrial
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Medical and Healthcare
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Others
9 Market Dynamics
9.1 SWOT Analysis
9.1.1 Strengths
9.1.2 Weaknesses
9.1.3 Opportunities
9.1.4 Threats
9.2 Porter’s Five Forces Analysis
9.2.1 Supplier’s Power
9.2.2 Buyer’s Power
9.2.3 Threat of New Entrants
9.2.4 Degree of Rivalry
9.2.5 Threat of Substitutes
10 Competitive Landscape
10.1 Market Structure
10.2 Company Profiles
10.2.1 Sika AG
10.2.1.1 Company Overview
10.2.1.2 Product Portfolio
10.2.1.3 Demographic Reach and Achievements
10.2.1.4 Certifications
10.2.2 Bostik, Inc
10.2.2.1 Company Overview
10.2.2.2 Product Portfolio
10.2.2.3 Demographic Reach and Achievements
10.2.2.4 Certifications
10.2.3 Saint-Gobain
10.2.3.1 Company Overview
10.2.3.2 Product Portfolio
10.2.3.3 Demographic Reach and Achievements
10.2.3.4 Certifications
10.2.4 W. R. Meadows, Inc.
10.2.4.1 Company Overview
10.2.4.2 Product Portfolio
10.2.4.3 Demographic Reach and Achievements
10.2.4.4 Certifications
10.2.5 MAPEI Corporation
10.2.5.1 Company Overview
10.2.5.2 Product Portfolio
10.2.5.3 Demographic Reach and Achievements
10.2.5.4 Certifications
10.2.6 CEMEX S.A.B. de C.V.
10.2.6.1 Company Overview
10.2.6.2 Product Portfolio
10.2.6.3 Demographic Reach and Achievements
10.2.6.4 Certifications
10.2.7 Others
11 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Peru Construction Materials Market: Key Industry Highlights (USD Million), 2018 and 2028
2. Peru Construction Materials Historical Market by Type: Tiles Adhesives (KMT), 2018-2022
3. Peru Construction Materials Market Forecast by Type: Tiles Adhesives (KMT), 2023-2028
2. Peru Construction Materials Historical Market by Type: Tiles Adhesives (USD Million), 2018-2022
3. Peru Construction Materials Market Forecast by Type: Tiles Adhesives (USD Million), 2023-2028
2. Peru Construction Materials Historical Market by Type: Grouts (KMT), 2018-2022
3. Peru Construction Materials Market Forecast by Type: Grouts (KMT), 2023-2028
2. Peru Construction Materials Historical Market by Type: Grouts (USD Million), 2018-2022
3. Peru Construction Materials Market Forecast by Type: Grouts (USD Million), 2023-2028
2. Peru Construction Materials Historical Market by Type: Waterproofing (Million Sqm), 2018-2022
3. Peru Construction Materials Market Forecast by Type: Waterproofing (Million Sqm), 2023-2028
2. Peru Construction Materials Historical Market by Type: Waterproofing (USD Million), 2018-2022
3. Peru Construction Materials Market Forecast by Type: Waterproofing (USD Million), 2023-2028
2. Peru Construction Materials Historical Market by Type: Concrete Admixtures (KMT), 2018-2022
3. Peru Construction Materials Market Forecast by Type: Concrete Admixtures (KMT),, 2023-2028
2. Peru Construction Materials Historical Market by Type: Concrete Admixtures (USD Million), 2018-2022
3. Peru Construction Materials Market Forecast by Type: Concrete Admixtures (USD Million),, 2023-2028
6. Peru Construction Materials Historical Market by End Use: Residential (USD Million), 2018-2022
7. Peru Construction Materials Market Forecast by End Use: Residential (USD Million), 2023-2028
6. Peru Construction Materials Historical Market by End Use: Commercial (USD Million), 2018-2022
7. Peru Construction Materials Market Forecast by End Use: Commercial (USD Million), 2023-2028
6. Peru Construction Materials Historical Market by End Use: Industrial (USD Million), 2018-2022
7. Peru Construction Materials Market Forecast by End Use: Industrial (USD Million), 2023-2028
6. Peru Construction Materials Historical Market by End Use: Medial and Healthcare (USD Million), 2018-2022
7. Peru Construction Materials Market Forecast by End Use: Medial and Healthcare (USD Million), 2023-2028
8. Peru Construction Materials Market Structure
Key Questions Answered in the Report
The market size for construction materials in Peru reached a value of more than USD 166.64 million in 2022.
The market is expected to grow at a CAGR of 4.30% between 2023 and 2028.
The market size for construction materials in Peru is expected to reach a value of more than USD 214.08 million by 2028.
The major market drivers include increasing investments by the government, rising demand for new infrastructure, and growing urban population.
The key trends of the market are increasing construction in industrial sector, changing climate and weather conditions, self-construction, and upgrades to existing infrastructure.
Key market players include Sika AG, Bostik, Inc., Saint-Gobain, W.R. Meadows, Inc., MAPEI Corporation, and CEMEX S.A.B. de C.V., among others.
Construction materials are the substances such as wood, metals, cement, bricks, clay, concrete which are used in the assembly of structures or buildings.
A variety of materials such as waterproofing material, construction chemicals, durability aids, among others, are termed as modern construction materials.
The Peru construction materials market is segmented based on type and end use.
They are important because they create buildings that are structurally sound, robust, durable, and safe for use.
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