the Report Covers Latin American Construction Market Companies, Segmented by Sector (residential, Commercial, Industrial, Infrastructure (transportation), Energy, and Utilities). the Market Size and Forecast are Provided in Values (USD) for all the Above Segments.

In 2023, the construction industry in Mexico was the largest in Latin America and the Caribbean, amounting to over 121 billion U.S. dollars. Brazil came in second, followed by Argentina, Chile, and Peru. The most populated countries in Latin America were the ones with the largest construction GDP figures.

Latin America Construction Market size was valued at USD 675.9 Billion in 2024 and is projected to reach USD 842.5 Billion by 2032, growing at a CAGR of 5% from 2025 to 2032.

The Latin America construction market is driven by rapid urbanization and government investments in infrastructure development, including transportation, energy, and housing projects. Increasing foreign direct investments (FDI) and public-private partnerships (PPPs) further support the sector, fostering economic growth and modernizing critical infrastructure.

Rising demand for residential and commercial spaces, coupled with advancements in construction technologies, accelerates project completion and cost efficiency. Additionally, a growing focus on sustainability and green construction aligns with global trends, enhancing market competitiveness.

Bolivia and Guatemala were some of the Latin American countries with the highest informal employment rates in the construction sector in 2023. Over 93 percent of the construction workers in those countries were informal. Jamaica was the country with the lowest informal construction employment rate. Panama was one of the countries in Latin America with the most construction workers as a share of total employment in cities.

The Latin America Residential Construction Market is segmented by Type (Villas/Landed Houses and Condominiums/Apartments) and by Country (Mexico, Brazil, Argentina, Peru, Chile, Uruguay and Rest of Latin America). The report offers market size and forecasts for the Latin America Residential Construction market in Value (USD billion) for all the above segments.

The Report Covers Latin America Data Center Construction Companies and the Market is Segmented by Infrastructure Type (Electrical Infrastructure, Mechanical Infrastructure, General Construction), Tier Type (Tier-I and -II, Tier-III, and Tier-IV), Size of Enterprise (Small and Medium-Scale Enterprises, Large-Scale Enterprises), End User (BFSI, IT and Telecommunications, Government and Defense, Healthcare), and Country. The Market Sizes and Forecasts are Provided in Terms of Value (USD Million) for all the Above Segments.

Sigdo Koppers, a conglomerate with headquarters in Chile, was the largest construction company in Latin America in 2022. The Spanish company Sacyr was the second firm in the ranking with the most revenue generated in the Latin American construction sector. The three largest companies with their headquarters in the region came Chile, Mexico, and Brazil.

The Construction Chemicals Market in Latin America report is segmented by product type (concrete admixture and cement grinding aids, surface treatment, repair and rehabilitation, protective coatings, industrial flooring, waterproofing, adhesive and sealants, and grout and anchor), end-user sector (commercial, industrial, infrastructure, and residential), and geography (Brazil, Argentina, Colombia, Chile, Mexico, and Rest of Latin America). The report offers market size and forecasts in terms of revenue (USD) for all the above segments.

The contribution of the construction industry to the gross domestic product (GDP) in Latin America and the Caribbean increased in 2021. Nevertheless, the value of the sector has been fluctuating since it peaked in 2013. Mexico and Brazil were the Latin American countries with the largest construction sector.

The South America Construction Chemicals Market is segmented by End Use Sector (Commercial, Industrial and Institutional, Infrastructure, Residential), by Product (Adhesives, Anchors and Grouts, Concrete Admixtures, Concrete Protective Coatings, Flooring Resins, Repair and Rehabilitation Chemicals, Sealants, Surface Treatment Chemicals, Waterproofing Solutions) and by Country (Argentina, Brazil). Key Data Points observed include new construction floor area in residential, commercial, industrial and institutional sectors; existing construction floor area, infrastructure spending, and major infrastructure projects.

Generally, construction employees made up a higher share of total employment in urban areas of Latin America than in the countryside. Over nine percent of the urban workforce in Panama and Honduras was employed in the construction sector, while that percentage was over ten percent for the rural population in El Salvador. During the past years, the value of the construction sector in Latin America has fluctuated significantly.

The South America Construction Adhesives Market is segmented by Resin Type (Acrylics, Epoxy, Polyurethanes, Polyvinyl Acetate, Silicones, and Other Resin Types), Technology (Waterborne, Reactive, Hot-melt, and Other Technologies), End-use Sector (Residential, Commercial, Infrastructure, and Industrial), and Geography (Brazil, Argentina, and Rest of South America).

In 2024, the Latin American construction sands market increased by 15% to $157M, rising for the third consecutive year after two years of decline. In general, consumption posted a measured expansion. Over the period under review, the market hit record highs at $183M in 2016; however, from 2017 to 2024, consumption remained at a lower figure.

The gross domestic product (GDP) of the construction industry in Brazil was significantly higher in 2023 than in the previous year. The size of the construction industry in the South American country peaked in 2014 at 300 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.

Peru's construction industry was significantly larger in 2022 than in the previous year. The gross domestic product (GDP) of that sector in the South American country amounted to over 19 billion U.S. dollars in 2022. Meanwhile, Peru's construction GDP was 2.5 billion U.S. dollars in 2001. Mexico and Brazil were the countries in Latin America with the largest construction industries.

The market is segmented by Geography (Brazil, Argentina, and Rest of South America)

Latin America Paints And Coatings Market size was valued at USD 10.10 Billion in 2023 and is projected to reach USD 12.25 Billion by 2031 growing at a CAGR of 2.8% from 2024 to 2031.

Latin America Paints And Coatings Market Dynamics

The key market dynamics that are shaping the Latin America paints and coatings market include:

Key Market Drivers
Infrastructure Development and Construction Growth: According to the Inter-American Development Bank (IDB), Latin America is expected to invest over $150 billion per year in infrastructure projects by 2025. According to the Brazilian Institute of Geography and Statistics (IBGE), the construction sector in Brazil alone is forecast to grow by 3.5% in 2024, with a 3.2% annual growth rate projected from 2025 to 2028. This robust increase is likely to have a direct impact on the demand for paints and coatings in residential, commercial and industrial applications

Brazil was the country in Latin America with the most infrastructure investment in 2020. Having quality infrastructure is necessary for the development and growth of an economy. The value of spending on infrastructure in Brazil was over twice higher than in Mexico. Nevertheless, Mexico had the largest construction sector in Latin America.

The Latin America Prefab Wood Buildings Market is segmented By Application (Residential, Commercial, Industrial), and by Geography (Brazil, Mexico, Argentina, Colombia, Chile, Rest of Latin America). For each segment, the market sizing and forecasts have been done on the basis of value (USD billion).

The South America epoxy adhesives market is currently valued at XX million and is projected to grow at a CAGR of 4.00% over the forecast period from 2025 to 2033. The market is driven by the growing demand for epoxy adhesives in the construction, aerospace & defense, and transportation industries. The increasing adoption of epoxy adhesives in the emerging markets of South America is also expected to contribute to the growth of the market. The market for epoxy adhesives in South America is segmented by product type, end-user industry, and geography. One-component epoxy adhesives are expected to dominate the product type segment, while the construction industry is projected to be the largest end-user segment. Brazil is the largest market for epoxy adhesives in South America, followed by Argentina and Chile. The rest of South America is expected to show promising growth over the forecast period, driven by the growing construction and industrial sectors in the region. Key drivers for this market are: , Growing Demand for Miniaturized and Lightweight electronics; Other Drivers. Potential restraints include: , Volatility in Raw Material Prices; Other Restraints. Notable trends are: Construction Industry to Dominate the Market.