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Latin America's Construction Materials market was USD 71077.11 million in 2024 and is estimated to grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031. The market is foreseen to reach USD 99144.6 million by 2031 due to Expanding real estate sector and government investments in megaprojects.
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In Latin America Construction Materials Market, As the demand for sustainable and high-performance construction solutions increases, the industry is witnessing significant shifts toward eco-friendly materials, digitalization in material production, and the integration of smart construction techniques.
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Discover the booming South American ready-mix concrete market! This in-depth analysis reveals a CAGR exceeding 5.5% and explores key drivers, trends, and restraints influencing this multi-billion dollar industry. Learn about top companies and regional market shares. Key drivers for this market are: Growing Consumption for Polyethylene Terephthalate in the Packaging Sector, Significant Demand of Polyester Fibers from the Textile Sector in Asia Pacific. Potential restraints include: Toxic Effects of Terephthalic Acid. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.
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Discover the booming South American repair & rehabilitation market! This in-depth analysis reveals a CAGR exceeding 4%, driven by infrastructure development and sustainable construction trends. Explore market size, key players (3M, BASF, Sika), and regional insights for Brazil, Argentina, and beyond. Forecast to 2033. Recent developments include: The recent developments pertaining to this report are provided in the detailed report. . Key drivers for this market are: Recovering Construction Sector in Emerging Economies, Increasing Demand from Infrastructure Sector. Potential restraints include: Recovering Construction Sector in Emerging Economies, Increasing Demand from Infrastructure Sector. Notable trends are: Growing Demand from Infrastructural Sector.
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Latin America Construction Materials Testing Equipment market size was estimated at USD 92.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.9% from 2024 to 2031.
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Advanced Building Materials Market Size 2025-2029
The advanced building materials market size is forecast to increase by USD 16.21 billion at a CAGR of 4.7% between 2024 and 2029.
Advanced building materials continue to gain traction in the construction industry due to several key trends. The rise in the number of smart cities is driving the demand for advanced building materials such as smart glass, solar panels, and digital technologies for energy efficiency and sustainability. Additionally, there is a growing preference for eco-friendly and recycled materials, including insulation, sealants, and greenhouse gases-absorbing concrete. Uncertain macroeconomic conditions have also led to an increased focus on cost-effective and durable construction materials such as Structural Insulated Panels (SIPs), ready-mix concrete, and steel. Furthermore, the trend towards green buildings and energy-efficient residential real estate is expected to continue, with a focus on reducing carbon footprints and improving indoor air quality. Boron-based materials, such as boron nitride nanotubes, are also gaining attention for their potential to enhance the properties of cement and roofing materials. Overall, the market in the US is poised for significant growth, driven by these trends and the need for sustainable, cost-effective, and energy-efficient solutions.
What will be the Size of the Advanced Building Materials Market During the Forecast Period?
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The market encompasses a broad range of innovative and high-performance materials that are transforming the construction industry. These materials, which include cross-laminated timber, structural insulated panels, sealants, ready-mix concrete, precast products and elements, Ondura, advanced cement, and various green materials, are driving the sector's growth through their ability to reduce construction time, enhance energy efficiency, and offer cost-effective solutions. The market's size is significant, with continued expansion expected due to the global focus on decarbonization and the circular economy. Key trends include the increasing adoption of green materials, such as those derived from renewable sources, and the integration of smart technologies into building materials.
Traditional construction materials, such as cement and concrete, are also undergoing advancements to improve their sustainability and performance. Energy-efficient buildings and infrastructure are major applications for these advanced materials, with high-performance windows, insulation materials, and smart glass playing crucial roles. Companies are at the forefront of this innovation, developing and implementing new materials and technologies to meet the evolving needs of the construction industry.
How is this Advanced Building Materials Industry segmented and which is the largest segment?
The advanced building materials industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Type
ACC
Cross-laminated timber
Sealants
Structural insulated panel
Others
End-user
Commercial
Industrial
Residential
Product Type
Green materials
Composite materials
Smart materials
Nanomaterials
Geography
APAC
China
India
Japan
Europe
Germany
UK
France
Italy
North America
Canada
US
Middle East and Africa
South America
Brazil
By Type Insights
The ACC segment is estimated to witness significant growth during the forecast period.
The advanced cement and concrete market is experiencing significant innovations, transforming the construction industry with materials offering superior durability, strength, and environmental benefits. Technologies such as photocatalytic cement, self-healing concrete, and high-performance additives are gaining popularity. Governments and organizations worldwide support the adoption of modern cement and concrete to reduce carbon emissions and enhance infrastructure durability. Notable advancements include Ultra-High-Performance Concrete (UHPC), which provides exceptional strength and longevity, reducing the need for bulky reinforcements and lowering maintenance costs. Cross-laminated timber, structural insulated panels, insulated concrete forms, energy-efficient windows, engineered lumber, and other green materials are also revolutionizing the building construction sector.
Companies are at the forefront of these innovations, focusing on sustainable construction practices and decarbonization. Infrastructure projects and urbanization in sectors such as residential, commercial, and infrastructure benefit from these high-performance materials, which offer energy efficiency, soundproofing, moisture resistance, and resistan
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Discover the booming South American construction adhesives market! This in-depth analysis reveals a CAGR exceeding 4%, driven by infrastructure growth and sustainable building trends. Explore market size, segmentation, key players (3M, Arkema, Henkel), and future projections for Brazil, Argentina, and the rest of South America. Learn how to capitalize on this lucrative opportunity. Key drivers for this market are: , Growing Investments in Construction projects. Potential restraints include: , Growing Investments in Construction projects. Notable trends are: Waterborne Technology to Dominate the Market.
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South America Green Building Materials Market is projected to grow around USD 677.2 billion by 2031, at a CAGR of 9.8% during the forecast period.
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The size of the South America Construction Chemicals Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of> 4.00% during the forecast period. Construction chemicals are utilized in conjunction with cement, concrete, or other building materials to bond these materials effectively, playing a crucial role in ensuring sustainable substructures and promoting energy efficiency within the construction sector. Additionally, these chemicals enhance the structural integrity of constructions and provide safeguards against environmental threats. The construction chemicals market in South America is positioned for considerable expansion, fueled by rising investments in infrastructure and a robust growth of construction industry in nations like Brazil and Argentina. Initiatives from the government focused on improving urban infrastructure, along with an increasing priority on sustainability and environmentally friendly construction methods, are anticipated to generate significant demand for low-VOC and sustainable construction chemicals. These materials are essential in reducing the environmental footprint of construction processes, reflecting the region's dedication to sustainable development. As these trends progress, the market is expected to grow, presenting opportunities for innovation and investment in sustainable building practices. Recent developments include: May 2023: Sika, a global leader in construction chemicals, acquired the MBCC Group, including its waterproofing solutions, anchors & grouts, flooring resins, repair & rehabilitation chemicals, and other businesses, with the exception of its concrete admixture operations in Europe, North America, Australia, and New Zealand.January 2023: Saint-Gobain acquired Matchem in Brazil through its Chryso business, allowing it to strengthen its position in concrete admixtures, which play an important role in the decarbonization of the construction industry and are expected to grow rapidly in the future.November 2022: Saint-Gobain's subsidiary, Chryso, introduced CHRYSO Dem Aqua 800, a vegetable oil emulsion-based mold release agent for different concrete applications to provide excellent surface finish quality, mold protection, HSE profile, and optimized consumption.. Key drivers for this market are: Rapidly Increasing Demand for Paints and Coatings, Other Drivers. Potential restraints include: Toxicity and Stringent Environmental Policies of Titanium Dioxide, Other Restraints. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.
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Discover the booming South American ready-mix concrete market! Our comprehensive analysis reveals a CAGR of X%, driven by infrastructure projects and urbanization. Explore market size, segmentation, key players (Argos Group, CEMEX, Holcim), and future trends in this dynamic region. Recent developments include: August 2023: Polimix Concreto augmented its presence in Brazil's concrete market by inaugurating a new production facility for ready-mix concrete in Campinas, Sao Paulo.May 2023: Polimix Concreto expanded its presence in Brazil's concrete market by commissioning a new manufacturing facility in Mooca, Sao Paulo. Polimix Concreto aims to cater to more customers through this expansion.September 2022: Holcim completed divesting its business in Brazil to Companhia Siderúrgica Nacional for USD 1.025 billion. The divestment includes Holcim's 19 ready-mix concrete plants.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.
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South America's Material Handling Construction Equipment market expects more than 8.3% CAGR from 2024 to 2029, supported by expanding infrastructure projects and investments in mod
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South America Lightweight Building Materials Market is projected to grow around USD 297.1 billion by 2031, at a CAGR of 8.9% during the forecast period.
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Latin America Alternative Building Materials Market is expected to grow during 2025-2031
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Discover the booming South American anchors and grouts market! This comprehensive analysis reveals a projected CAGR exceeding 5%, driven by infrastructure development and construction growth in Brazil, Argentina, and Chile. Explore market trends, segment analysis, and key players shaping this dynamic sector. Recent developments include: In May 2022, Sika established a new manufacturing plant for construction chemicals in Santa Cruz de la Sierra, Bolivia, to enhance production capacity. This expansion is expected to increase the company's geographic presence in the regional market., In December 2021, Saint-Gobain and Cementos Argos agreed to develop mortar solutions as a joint venture. This joint venture merged Saint-Gobain's mortar technology with Argos' strong local presence to offer a vast range of solutions to the Colombian construction market.. Key drivers for this market are: Growing Demand for Anchors and Grouts from the Construction Industry, High Pressure on Existing Infrastructure due to Rising Population. Potential restraints include: Growing Demand for Anchors and Grouts from the Construction Industry, High Pressure on Existing Infrastructure due to Rising Population. Notable trends are: Growing Demand from the Non- Residential Segment.
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South America's advanced building materials market will grow by over USD 1.05Billion (2025–2030), with growth fueled by urban renewal projects.
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TwitterThis dataset package is focused on U.S construction materials and three construction companies: Cemex, Martin Marietta & Vulcan.
In this package, SpaceKnow tracks manufacturing and processing facilities for construction material products all over the US. By tracking these facilities, we are able to give you near-real-time data on spending on these materials, which helps to predict residential and commercial real estate construction and spending in the US.
The dataset includes 40 indices focused on asphalt, cement, concrete, and building materials in general. You can look forward to receiving country-level and regional data (activity in the North, East, West, and South of the country) and the aforementioned company data.
SpaceKnow uses satellite (SAR) data to capture activity and building material manufacturing and processing facilities in the US.
Data is updated daily, has an average lag of 4-6 days, and history back to 2017.
The insights provide you with level and change data for refineries, storage, manufacturing, logistics, and employee parking-based locations.
SpaceKnow offers 3 delivery options: CSV, API, and Insights Dashboard
Available Indices Companies: Cemex (CX): Construction Materials (covers all manufacturing facilities of the company in the US), Concrete, Cement (refinery and storage) indices, and aggregates Martin Marietta (MLM): Construction Materials (covers all manufacturing facilities of the company in the US), Concrete, Cement (refinery and storage) indices, and aggregates Vulcan (VMC): Construction Materials (covers all manufacturing facilities of the company in the US), Concrete, Cement (refinery and storage) indices, and aggregates
USA Indices:
Aggregates USA Asphalt USA Cement USA Cement Refinery USA Cement Storage USA Concrete USA Construction Materials USA Construction Mining USA Construction Parking Lots USA Construction Materials Transfer Hub US Cement - Midwest, Northeast, South, West Cement Refinery - Midwest, Northeast, South, West Cement Storage - Midwest, Northeast, South, West
Why get SpaceKnow's U.S Construction Materials Package?
Monitor Construction Market Trends: Near-real-time insights into the construction industry allow clients to understand and anticipate market trends better.
Track Companies Performance: Monitor the operational activities, such as the volume of sales
Assess Risk: Use satellite activity data to assess the risks associated with investing in the construction industry.
Index Methodology Summary Continuous Feed Index (CFI) is a daily aggregation of the area of metallic objects in square meters. There are two types of CFI indices; CFI-R index gives the data in levels. It shows how many square meters are covered by metallic objects (for example employee cars at a facility). CFI-S index gives the change in data. It shows how many square meters have changed within the locations between two consecutive satellite images.
How to interpret the data SpaceKnow indices can be compared with the related economic indicators or KPIs. If the economic indicator is in monthly terms, perform a 30-day rolling sum and pick the last day of the month to compare with the economic indicator. Each data point will reflect approximately the sum of the month. If the economic indicator is in quarterly terms, perform a 90-day rolling sum and pick the last day of the 90-day to compare with the economic indicator. Each data point will reflect approximately the sum of the quarter.
Where the data comes from SpaceKnow brings you the data edge by applying machine learning and AI algorithms to synthetic aperture radar and optical satellite imagery. The company’s infrastructure searches and downloads new imagery every day, and the computations of the data take place within less than 24 hours.
In contrast to traditional economic data, which are released in monthly and quarterly terms, SpaceKnow data is high-frequency and available daily. It is possible to observe the latest movements in the construction industry with just a 4-6 day lag, on average.
The construction materials data help you to estimate the performance of the construction sector and the business activity of the selected companies.
The foundation of delivering high-quality data is based on the success of defining each location to observe and extract the data. All locations are thoroughly researched and validated by an in-house team of annotators and data analysts.
See below how our Construction Materials index performs against the US Non-residential construction spending benchmark
Each individual location is precisely defined to avoid noise in the data, which may arise from traffic or changing vegetation due to seasonal reasons.
SpaceKnow uses radar imagery and its own unique algorithms, so the indices do not lose their significance in bad weather conditions such as rain or heavy clouds.
→ Reach out to get free trial
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South America Earthquake Resistant Building Materials Market is projected to grow around USD 145.6 billion by 2031, at a CAGR of 10.7% during the forecast period.
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| BASE YEAR | 2024 |
| HISTORICAL DATA | 2019 - 2023 |
| REGIONS COVERED | North America, Europe, APAC, South America, MEA |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| MARKET SIZE 2024 | 47.2(USD Billion) |
| MARKET SIZE 2025 | 49.2(USD Billion) |
| MARKET SIZE 2035 | 75.0(USD Billion) |
| SEGMENTS COVERED | Construction Type, Lot Size, Service Type, Building Materials Used, Regional |
| COUNTRIES COVERED | US, Canada, Germany, UK, France, Russia, Italy, Spain, Rest of Europe, China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC, Brazil, Mexico, Argentina, Rest of South America, GCC, South Africa, Rest of MEA |
| KEY MARKET DYNAMICS | increased urbanization, rising construction costs, sustainability trends, technological advancements, government infrastructure investments |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | SANY, Manitou, Liebherr, Atlas Copco, Bobcat Company, Hitachi Construction Machinery, Caterpillar, JCB, Terex, XCMG, Doosan Infracore, Komatsu, Volvo, Hyundai Construction Equipment, CASE Construction |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| KEY MARKET OPPORTUNITIES | Sustainable construction materials adoption, Smart technology integration, Increased infrastructure investments, Urbanization driving construction demand, Green building initiatives and regulations |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 4.3% (2025 - 2035) |
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Discover the growth trajectory of the South American Polyvinyl Chloride (PVC) market. This in-depth analysis reveals a CAGR of 2.65% through 2033, driven by construction and infrastructure development. Learn about key players, market segmentation, and challenges like raw material prices and sustainability. Key drivers for this market are: Increasing Usage of Plastics to Reduce Vehicle Weight and Enhance Fuel Economy, Increasing Application in the Healthcare Industry; Growth from the Construction Industry. Potential restraints include: Increasing Usage of Plastics to Reduce Vehicle Weight and Enhance Fuel Economy, Increasing Application in the Healthcare Industry; Growth from the Construction Industry. Notable trends are: Growing Demand from the Construction Industry.
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Dry Construction Materials market has been steadily increasing over recent years, and forecasts suggest a substantial growth trajectory in the upcoming period.
| ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD | 2018-2031 |
| BASE YEAR | 2024 |
| FORECAST PERIOD | 2025-2031 |
| HISTORICAL PERIOD | 2018-2024 |
| UNIT | VALUE (USD MILLION) |
| KEY COMPANIES PROFILED | Knauf, Saint Gobain, BaoWu, ArcelorMittal, USG, CSR, Etex, Boral, Arauco, Armstrong World Industries, Kronospan, BNBM, Fletcher building, Panel Rey, Xella Group, Pabco Gypsum, Others |
| SEGMENTS COVERED | By Product Type - Metal Materials, Wood Materials, Gypsum Board Materials, Other Materials By Application - Residential, Non-Residential, Infrastructure By Sales Channels - Direct Channel, Distribution Channel By Geography - North America, Europe, Asia-Pacific, South America, Middle East and Africa |
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Latin America's Construction Materials market was USD 71077.11 million in 2024 and is estimated to grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031. The market is foreseen to reach USD 99144.6 million by 2031 due to Expanding real estate sector and government investments in megaprojects.