Report Description

Government initiatives along with improved consumer sentiment primarily supported the Latin American construction industry in the last four quarters. In 2020, the region was the worst affected in terms of construction output due to strict lockdown. However, as the vaccination took place and the government started withdrawing restrictions, the market showed some recovery since Q3 2021. ConsTrack360 estimates the market will be primarily supported by large housing projects and rising investments in infrastructure construction in 2022.

Large infrastructure projects initiated in Q3 2021 expected to support the construction industry in 2022

The construction industry in Brazil is expected to get support from the deals already signed for the next year, as well as the rising investment in infrastructure projects. For instance,

  • Rio Alto Energias Renovaveis SA, the Brazilian energy company, received the go-ahead from Aneel, the electricity regulatory agency in the country, for the construction of 600 MW of solar power plants in Paraiba state. To be comprised of 12 photovoltaic parks, the construction project is projected to require an investment of BRL2.4 billion (US$435 million). Moreover, according to Aneel, the Brazilian state can expect a total solar investment of BRL10 billion by 2026. This will keep supporting the growth of the construction industry in Brazil from the short to medium-term perspective.
  • Apart from this, several other infrastructure construction projects have also commenced in Brazil, including Sol de Cerrado solar project in Minas Gerais and Serra Branca SSM1&2 Solar Photovoltaic Power Complex 320 MW. Moreover, the Sol de Cerrado solar project in Minas Gerais includes the construction of a 766 MW solar complex, which is scheduled for completion in 2022. Construction activities of the SSM1&2 Solar Photovoltaic Power Complex have also started in Q3 2021, with the target to commission the facility during the first half of 2022.



These infrastructure projects, along with several others, are expected to support the construction industry in Brazil over the next four to eight quarters.

Casa Verde e Amarela housing program expected to support investment and growth in the Brazilian construction industry

In late 2020, the Brazilian Government ended the Minha Casa Minha Vida program to implement the new Casa Verde e Amarela housing program. Under the program, the Government aims to regularize up to 2 million homes and renovate over 400,000 over the next four years in the country. ConsTrack360 expects the housing program to support investment and growth in the Brazilian construction industry over the next four to eight quarters.

Moreover, the new housing program offers a subsidy to over 1.5 million low-income families, consequently expected to boost the demand for affordable housing in the country. Moreover, the new program also offers low-interest rates when compared to the Minha Casa Minha Vida program. ConsTrack360 expects that the reduced interest rates, subsidized housing units, and land regularization will further boost the growth of the overall construction industry in Brazil from the short to medium-term perspective.

Mexican Government is planning to build the largest PV plant in the Latin American region

In July 2021, the Mexican Government announced its plans to develop the largest PV plant in the Latin American region. Notably, the project is to be implemented in Puerto Penasco, in the state of Sonora, which is one of the best regions for solar power generation in the world. For the development of the project, the Mexican Government estimated investment of approximately US$2 billion, with the construction activities to proceed in several phases.

Notably, the plant is estimated to occupy a surface area of nearly 2,000 hectares. Moreover, the construction will also entail the deployment of a new connection line. ConsTrack360 expects the development of the largest PV plant in the Latin American region to further support the growth of the construction industry in Mexico from a short to medium-term perspective.

This report from ConsTrack360 provides data and trend analyses on Latin American construction industry, with over 100 KPIs. This is a data-centric report and it provides trend analyses with over 750+ charts and 600+ tables. It details market size & forecast, emerging trends, market opportunities, and investment risks in over 40 segments in residential, commercial, industrial, institutional, and infrastructure construction sectors.

It provides a comprehensive understanding of construction industry sectors in both value and volume (both by activity and units) terms. The report focuses on combining industry dynamics with macro-economic scenario and changing consumer behavior to offer a 360-degree view of the opportunities and risks.

This title from ConsTrack360 is a bundled offering, comprising 5 country reports.

Country Report 1 - Brazil Construction Industry Databook Series
Country Report 2 - Chile Construction Industry Databook Series
Country Report 3 - Argentina Construction Industry Databook Series
Country Report 4 - Colombia Construction Industry Databook Series
Country Report 5 - Mexico Construction Industry Databook Series


Scope

Each country report covers the following:

  • Market Data and Insights: This report provides market size and forecast across 40+ construction segments for a period of 10 years from 2016-2025. KPIs covered include the following:
  • Market size by value
  • Market size by volume of construction
  • Number of units
  • Residential Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
  • Housing type (multi family, single family)
  • Key cities (Tier – 1, Tier – 2, Tier – 3 segmentation)
  • Price point / income level (luxury, mid-tier, affordable)
  • Construction stage (new construction, re-development & maintenance)
  • Residential Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
  • Green building by Housing type (multi family, single family)
  • Green building by Key cities (Tier – 1, Tier – 2, Tier – 3 segmentation)
  • Green building by Price point / income level (luxury, mid-tier, affordable)
  • Commercial Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
  • Office (further broken down by Grade A, Grade B, and Grade C)
  • Retail (further broken down by Grade A, Grade B, and Grade C)
  • Hospitality (further broken down by Grade A, Grade B, and Grade C)
  • Restaurant (further broken down by Grade A, Grade B, and Grade C)
  • Entertainment
  • Sports facility
  • Construction stage (new construction, re-development & maintenance)
  • Commercial Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
  • Office green building construction
  • Retail green building construction
  • Hospitality green building construction
  • Restaurant green building construction
  • Entertainment green building construction
  • Sports facility green building construction
  • Other commercial green building construction
  • Industrial Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units)
  • Institutional Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
  • Healthcare construction
  • Educational construction
  • Public sector
  • Construction stage (new construction, re-development & maintenance)
  • Institutional Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
  • Healthcare green building construction
  • Educational green building construction
  • Infrastructure Construction Sectors: 10- year market size & forecast in value terms by
  • Marine and inland water infrastructure
  • Utility system construction (oil and gas infrastructure, communication infrastructure, power infrastructure, water and sewer infrastructure)
  • Transportation infrastructure (highway, street and bridge construction, railway construction, airport construction, and tunnel construction)
  • Construction stage (new construction, re-development & maintenance)
  • Green Infrastructure Construction: 10- year market size & forecast in value terms




Reasons To Buy

  • In-depth Understanding of Construction Market Dynamics: Understand market opportunity, industry dynamics, key trends and drivers across 40+ market segments and sub-segments of Latin America building and infrastructure construction industry.
  • Volume and Value Data: Get detailed understanding of the market both from value and volume (both by activity and units) perspective for historical as well as forecast period
  • Develop Market Specific Strategies: Identify growth segments and target specific opportunities to formulate your strategy; assess market specific key trends, drivers and risks in construction industry.
  • City Level Insights: Get city level trend analyses by tier-1, tier-2, and tier-3 cities.