The Brazil Construction Market Report is Segmented by Sector (Residential, Commercial, and Infrastructure), by Construction Type (New Construction and Renovation), by Construction Method (Conventional On-Site, and More), by Investment Source (Public and Private), and by Geography (Southeast, South, Northeast, Central-West, and North). The Market Forecasts are Provided in Terms of Value (USD).

The Brazil construction market size was valued at USD 127.63 Billion in 2024. The market is further projected to grow at a CAGR of 6.30% between 2025 and 2034, reaching a value of USD 235.12 Billion by 2034.

The gross domestic product (GDP) of the construction industry in Brazil was significantly higher in 2024 than in the previous year. The size of the construction industry in the South American country peaked in 2014 at *** billion Brazilian reals, and it did not reached those levels until 2023. In 2021, Brazil had one of the smallest construction sectors as a GDP share in Latin America.

Brazil Construction Industry: Total Gross Revenues: 5 Persons or More: Southeast data was reported at 134,533,274.000 BRL th in 2017. This records a decrease from the previous number of 158,002,342.000 BRL th for 2016. Brazil Construction Industry: Total Gross Revenues: 5 Persons or More: Southeast data is updated yearly, averaging 162,219,771.000 BRL th from Dec 2007 (Median) to 2017, with 11 observations. The data reached an all-time high of 225,084,426.000 BRL th in 2014 and a record low of 84,732,020.000 BRL th in 2007. Brazil Construction Industry: Total Gross Revenues: 5 Persons or More: Southeast data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Brazil Premium Database’s Construction and Properties Sector – Table BR.EH021: Construction Industry: CNAE 2.0: Total Gross Revenues: by Region and State.

Brazil Construction Market growth is driven by increasing infrastructure investments, urbanization, and technological advancements in construction methods.

Brazil Construction Market size was valued at USD 153.1 Billion in 2024 and is expected to reach USD 236.8 Billion by 2032, growing at a CAGR of 5.6% from 2025 to 2032.

Brazil Construction Market: Definition/Overview

Brazil construction includes the development, reconstruction, and maintenance of infrastructure, residential, commercial, and industrial structures throughout the country. It is critical to Brazil's economy, with large-scale projects including highways, bridges, airports, housing developments, and energy infrastructure. Civil engineering, real estate development, and specialized construction services are among the sector's activities, which employ both conventional and modern building techniques to fulfill the demands of urbanization and economic expansion.

The value of the construction industry in Brazil amounted to approximately ** billion U.S. dollars in 2018. After a decrease in 2019, this industry is forecasted to experience a continuous annual increase until 2021, reaching **** billion dollars in the latter year.

The Brazilian construction market, valued at approximately $XX million in 2025, is projected to experience robust growth, exhibiting a compound annual growth rate (CAGR) of 8.00% from 2025 to 2033. This expansion is fueled by several key drivers. Increased government investment in infrastructure projects, particularly in transportation and energy, is a significant catalyst. Furthermore, a burgeoning population and rising urbanization are driving demand for residential and commercial construction. The expansion of renewable energy infrastructure, in line with global sustainability goals, further contributes to market growth. However, economic volatility and potential fluctuations in material costs pose challenges. While the residential sector remains a key contributor, growth across all segments – commercial, industrial, infrastructure (transportation), and energy and utility – is expected to contribute to overall market expansion. The presence of established players like Construtora OAS SA, MRV, and Andrade Gutierrez Engenharia SA, alongside smaller, specialized firms, indicates a dynamic and competitive landscape. Growth within the Brazilian construction market is segmented, with variations in performance across different sectors. While infrastructure projects will likely receive significant government funding, driving robust growth in this sector, the residential market’s growth will be largely contingent upon macroeconomic conditions and mortgage availability. The industrial sector’s expansion will closely track broader economic trends and industrial production. Analyzing the performance of key players in each segment will be crucial in understanding the market's evolution. The forecast period (2025-2033) anticipates continued growth, albeit potentially with some year-to-year fluctuations influenced by broader economic conditions and government policy shifts. This underscores the need for ongoing market monitoring and strategic adaptations for businesses within the sector. Recent developments include: August 2022: Brazilian antitrust watchdog CADE gave the go-ahead for the USD 1.025 billion transactions and cleared Holcim AG's local cement division to be sold to steelmaker Cia Siderurgica Nacional. Holcim, the largest cement manufacturer in the world with headquarters in Switzerland attempts to diversify away from its core industry, CSN initially announced the acquisition of LafargeHolcim Brasil in September 2021., July 2022: ArcelorMittal announced that it has reached a deal with the owners of Companhia Siderrgica do Pecém (CSP) to buy it for about USD 2.2 billion. The transaction is still pending a number of corporate and regulatory approvals, including CADE's (the Brazilian antitrust agency) approval, which is anticipated by the end of 2022. ArcelorMittal can potentially strengthen the company's position in the rapidly expanding Brazilian steel market as a result of the acquisition.. Notable trends are: Government Initiatives for Infrastructural Development.

Brazil Construction Industry Survey: Actual-Usual Activity Level data was reported at 34.200 Point in May 2019. This records a decrease from the previous number of 35.400 Point for Apr 2019. Brazil Construction Industry Survey: Actual-Usual Activity Level data is updated monthly, averaging 40.950 Point from Dec 2009 (Median) to May 2019, with 114 observations. The data reached an all-time high of 55.600 Point in May 2010 and a record low of 25.300 Point in Feb 2016. Brazil Construction Industry Survey: Actual-Usual Activity Level data remains active status in CEIC and is reported by National Confederation of Industry. The data is categorized under Brazil Premium Database’s Business and Economic Survey – Table BR.SF004: CNAE 2.0: Construction Industry Survey: Actual-Usual Activity Level: by Sector. The survey is conducted throughout the national territory. Indicators for the country are built to the geographical regions and units of partner associations. The research unit is the 'company'. The Company is the union of all local units carrying the same economic activity, in the same unit of the Federation.

Brazil’s construction output is now forecast to grow by 4.1% in 2021 and 3.6% in 2022, following a decline of 7% last year. The government’s housing program, “Casa Verde e Amarela”, as well as planned concessions by the end of next year, are expected to support investment and growth in the industry in coming years. In April 2021, several construction companies were granted nearly BRL53.6 billion (US$10 billion) in concession projects, which include 22 airports, five ports, a railway line that will connect Brazil’s east coast with the western agricultural area and a series of road projects. Vinci, the French construction, and concessions company won seven of the 22 airport concessions, while Brazilian companies won the remainder. Brazil’s infrastructure minister, Tarcísio Gomes de Freitas, said in May that he expects a BRL267.8 billion (US$50 billion) investment boom in the development and modernization of the country’s roads, rail, airports, and ports by 2022, driven by concession projects. Read More

Brazil Construction Industry: Number of Active Enterprise: 30 to 49 Persons: Total Construction of Buildings data was reported at 2,020.000 Unit in 2017. This records a decrease from the previous number of 2,206.000 Unit for 2016. Brazil Construction Industry: Number of Active Enterprise: 30 to 49 Persons: Total Construction of Buildings data is updated yearly, averaging 2,346.000 Unit from Dec 2007 (Median) to 2017, with 11 observations. The data reached an all-time high of 3,165.000 Unit in 2014 and a record low of 1,698.000 Unit in 2011. Brazil Construction Industry: Number of Active Enterprise: 30 to 49 Persons: Total Construction of Buildings data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Brazil Premium Database’s Construction and Properties Sector – Table BR.EH002: Construction Industry: CNAE 2.0: Number of Active Enterprise: by Activity.

Construction Industry: Construction Materials Consumption: 250 to 499 Persons: Electrical Installations, Plumbing & Other Facilities data was reported at 168,546.000 BRL th in 2017. This records a decrease from the previous number of 269,395.000 BRL th for 2016. Construction Industry: Construction Materials Consumption: 250 to 499 Persons: Electrical Installations, Plumbing & Other Facilities data is updated yearly, averaging 179,221.000 BRL th from Dec 2007 (Median) to 2017, with 11 observations. The data reached an all-time high of 373,465.000 BRL th in 2014 and a record low of 120,591.000 BRL th in 2007. Construction Industry: Construction Materials Consumption: 250 to 499 Persons: Electrical Installations, Plumbing & Other Facilities data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Brazil Premium Database’s Construction and Properties Sector – Table BR.EH014: Construction Industry: CNAE 2.0: Construction Materials Consumption: by Activity.

Brazil Construction Industry: Number of Employed Person: 100 to 249 Persons: Highway, Railways, Urban Works & Works of Art data was reported at 33,408.000 Person in 2017. This records a decrease from the previous number of 37,713.000 Person for 2016. Brazil Construction Industry: Number of Employed Person: 100 to 249 Persons: Highway, Railways, Urban Works & Works of Art data is updated yearly, averaging 40,261.000 Person from Dec 2007 (Median) to 2017, with 11 observations. The data reached an all-time high of 44,073.000 Person in 2013 and a record low of 33,408.000 Person in 2017. Brazil Construction Industry: Number of Employed Person: 100 to 249 Persons: Highway, Railways, Urban Works & Works of Art data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Brazil Premium Database’s Construction and Properties Sector – Table BR.EH004: Construction Industry: CNAE 2.0: Number of Employed Person: by Activity.

The Brazilian building market, valued at approximately $3.25 billion in 2025, exhibits robust growth potential, projected to expand at a Compound Annual Growth Rate (CAGR) of 5.54% from 2025 to 2033. This expansion is driven by several key factors. Firstly, increasing urbanization and population growth in Brazil necessitate significant investments in residential and commercial construction. Secondly, government initiatives focused on infrastructure development and affordable housing programs stimulate market demand. Thirdly, a rising middle class with increased disposable income fuels demand for better housing and commercial spaces. These positive drivers are further complemented by emerging trends such as the adoption of sustainable building materials (like timber and innovative concrete mixes) and prefabricated construction methods to enhance efficiency and reduce project timelines. However, challenges remain. Economic volatility, fluctuations in material costs (particularly imported materials), and potential regulatory hurdles could pose restraints on market growth. The market is segmented by material type (concrete, glass, metal, timber, and others) and application (residential, commercial, and others), offering varied investment opportunities. Key players such as BrasilCasas, CasasBrazil, Skanska Brasil Ltda, and others are actively shaping the market landscape through innovation and strategic partnerships. The forecast period (2025-2033) suggests a continued upward trajectory for the Brazilian building market. While external economic factors could influence growth rates, the long-term prospects remain positive given the country's demographic trends and government focus on infrastructure development. The increasing demand for sustainable and efficient construction methods is also likely to drive innovation and investment in the sector. The diverse segmentation of the market provides opportunities for companies specializing in various materials and applications to capture market share. Analyzing the performance of major players and monitoring macroeconomic indicators will be crucial for success in this dynamic market. Comprehensive Coverage: Brazil Building Market Report (2019-2033) This in-depth report provides a comprehensive analysis of the Brazil building market, covering the period from 2019 to 2033. With a base year of 2025 and an estimated year of 2025, this report offers valuable insights into the market's historical performance (2019-2024), current state (2025), and future projections (2025-2033). The report is essential for businesses looking to understand the dynamics of this large and growing market, including key trends, challenges, and opportunities within the Brazilian construction sector. This research encompasses crucial aspects such as market size (in millions of units), key players, and emerging technologies. Recent developments include: January 2023: Modularis is a Brazilian modular construction company specializing in using innovative construction technology in residential construction. Eight months from construction start to end is a fast time frame for a 75-unit mixed-use development. The project, set to open in May 2023, will consist of two concrete floors with commercial space and 11 levels of modular apartments. The entire project is expected to be completed by the year’s end. According to Modularis, this mid-rise development will serve as a “showcase” for the company and increase awareness of using modular construction technology in Brazil’s residential construction., December 2022: PhP Ventures Acquisition Corp and Modulex Modular Buildings Plc announce the definitive agreement for a business combination. Modulex is a leading UK-based ConstrucTech building solutions company that designs, manufactures, and installs 3D Volumetric Steel modular buildings. The company leverages cutting-edge technologies, including AI, Blockchain, IoT, and more, to meet the rapidly growing demand for housing and infrastructure in developed and emerging markets while achieving optimal cost efficiencies.. Key drivers for this market are: Growing Infrastructure Investments, Government Initiatives in the Infrastructure and Construction Sector to Boost the Industry. Potential restraints include: Limited Adaptability during Construction. Notable trends are: Opportunities in Residential & Infrastructure Sectors to Boost the Prefabricated market.

Brazil Construction Industry: Total Costs of Works & Construction Services: 5 to 29 Persons: Total Construction of Buildings data was reported at 12,357,381.000 BRL th in 2017. This records a decrease from the previous number of 14,040,220.000 BRL th for 2016. Brazil Construction Industry: Total Costs of Works & Construction Services: 5 to 29 Persons: Total Construction of Buildings data is updated yearly, averaging 8,934,893.000 BRL th from Dec 2007 (Median) to 2017, with 11 observations. The data reached an all-time high of 14,040,220.000 BRL th in 2016 and a record low of 3,528,804.000 BRL th in 2007. Brazil Construction Industry: Total Costs of Works & Construction Services: 5 to 29 Persons: Total Construction of Buildings data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Brazil Premium Database’s Construction and Properties Sector – Table BR.EH012: Construction Industry: CNAE 2.0: Total Costs of Works & Construction Services: by Activity.

Throughout 2024, the construction sector in Brazil reported the creation of nearly *** thousand jobs. This positive balance of jobs created in the sector occurred despite registering in December more than ** thousand loss of formal jobs in the sector, the biggest one registered since January 2020. In June 2025, more than 10,000 jobs were created.

Brazil Construction Industry: Construction Materials Consumption: 500 Persons & More: Demolition & Site Preparation data was reported at 328,172.000 BRL th in 2017. This records an increase from the previous number of 295,826.000 BRL th for 2016. Brazil Construction Industry: Construction Materials Consumption: 500 Persons & More: Demolition & Site Preparation data is updated yearly, averaging 295,826.000 BRL th from Dec 2007 (Median) to 2017, with 11 observations. The data reached an all-time high of 428,425.000 BRL th in 2014 and a record low of 155,483.000 BRL th in 2009. Brazil Construction Industry: Construction Materials Consumption: 500 Persons & More: Demolition & Site Preparation data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Brazil Premium Database’s Construction and Properties Sector – Table BR.EH014: Construction Industry: CNAE 2.0: Construction Materials Consumption: by Activity.

Brazil Construction Industry: Total Costs of Works & Construction Services: 250 to 499 Persons: Total Construction of Buildings data was reported at 5,156,860.000 BRL th in 2017. This records an increase from the previous number of 4,483,216.000 BRL th for 2016. Brazil Construction Industry: Total Costs of Works & Construction Services: 250 to 499 Persons: Total Construction of Buildings data is updated yearly, averaging 5,156,860.000 BRL th from Dec 2007 (Median) to 2017, with 11 observations. The data reached an all-time high of 7,898,073.000 BRL th in 2014 and a record low of 1,928,347.000 BRL th in 2007. Brazil Construction Industry: Total Costs of Works & Construction Services: 250 to 499 Persons: Total Construction of Buildings data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Brazil Premium Database’s Construction and Properties Sector – Table BR.EH012: Construction Industry: CNAE 2.0: Total Costs of Works & Construction Services: by Activity.

Brazil Construction Industry: Construction Materials Consumption: 5 to 29 Persons: Infrastructure Works data was reported at 1,412,663.000 BRL th in 2017. This records a decrease from the previous number of 1,576,202.000 BRL th for 2016. Brazil Construction Industry: Construction Materials Consumption: 5 to 29 Persons: Infrastructure Works data is updated yearly, averaging 1,116,251.000 BRL th from Dec 2007 (Median) to 2017, with 11 observations. The data reached an all-time high of 1,576,202.000 BRL th in 2016 and a record low of 612,027.000 BRL th in 2007. Brazil Construction Industry: Construction Materials Consumption: 5 to 29 Persons: Infrastructure Works data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Brazil Premium Database’s Construction and Properties Sector – Table BR.EH014: Construction Industry: CNAE 2.0: Construction Materials Consumption: by Activity.

Brazil Construction Industry: Construction Materials Consumption: 100 to 249 Persons: Total Construction of Buildings data was reported at 4,154,957.000 BRL th in 2017. This records a decrease from the previous number of 5,186,707.000 BRL th for 2016. Brazil Construction Industry: Construction Materials Consumption: 100 to 249 Persons: Total Construction of Buildings data is updated yearly, averaging 5,186,707.000 BRL th from Dec 2007 (Median) to 2017, with 11 observations. The data reached an all-time high of 7,939,576.000 BRL th in 2014 and a record low of 2,598,448.000 BRL th in 2007. Brazil Construction Industry: Construction Materials Consumption: 100 to 249 Persons: Total Construction of Buildings data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Brazil Premium Database’s Construction and Properties Sector – Table BR.EH014: Construction Industry: CNAE 2.0: Construction Materials Consumption: by Activity.