Market Forecast By Product Type (Construction aggregates, Concrete bricks, Cement, Construction metals), By Application (Residential, Commercial, Industrial) And Competitive Landscape
Product Code: ETC016705 | Publication Date: Oct 2020 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Argentina Construction Materials market currently, in 2023, has witnessed an HHI of 3632, Which has increased slightly as compared to the HHI of 2472 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Argentina Construction Materials Market report thoroughly covers the market by product type and application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Argentina, one of the leading economies in Latin America, has experienced fluctuations in the construction industry in recent years due to fluctuations in the economy. The construction industry has been shifting towards efficient and sustainable building practices, contributing to market growth. The demand for eco-friendly construction materials is becoming popular due to durability and longevity. A wide range of products, including cement, concrete, flooring, roofing materials, and insulation products, is used daily in the construction sector.
According to 6Wresearch, the Argentina Construction Materials Market size is estimated to grow at a CAGR of 8.2% during the forecast period 2024-2030. The market growth is influenced by infrastructure developments projects and urbanization. The government is emphasizing strengthening the countryβs infrastructure to enhance connectivity, and transportation capacity, and boost trade. Additionally, the increasing urbanization has increased the need for residential buildings to cater to the growing population. These factors make the Argentina construction materials market a highly lucrative and ever-expanding industry. On the other side, the market has several challenges including uneven distribution of investments in various regions.
The market's growth rate is not uniformly distributed in all provinces, leading to disparities in wealth accumulation, which can impact economic development. The high cost of raw materials. This has resulted in increased construction costs and decreased investor interest. Besides these challenges, Argentina Construction Materials industry is still emerging due to growing environmental concerns, which is transforming the construction materials market in Argentina significantly. Alternative materials such as bamboo, wood, and straw are now being used in construction to encourage sustainability. There has also been a rising use of energy efficiency in construction materials, leading to the development of innovative insulation materials and solar-powered building systems.
The government of Argentina has introduced various favourable initiatives aimed at promoting eco-friendly and affordable construction materials. One such initiative is the "Mi Casa" project, aimed at developing social housing projects in the country.Β The government is improving access to credit facilities for investors and stakeholders within the construction industry. All these efforts of the government are supporting and increasing the Argentina Construction Materials Market Share.Β
The Argentina construction materials market is highly competitive & fragmented, with the presence of both local and international players operating within the industry. The key players include Acindar, Loma Negra, Holcim, and Tecpetrol. These companies have strategically positioned themselves in the market, offering innovative and quality construction materials, making them essential players to watch.
According to Dhaval, Research Manager, 6Wresearch, the residential sector is leading in the market underpinned by the growing population, government incentives and technological advancements. Moreover, the government provides eco-friendly and affordable houses to their citizens.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Argentina Construction Materials Market Overview |
3.1 Argentina Country Macro Economic Indicators |
3.2 Argentina Construction Materials Market Revenues & Volume, 2020 & 2030F |
3.3 Argentina Construction Materials Market - Industry Life Cycle |
3.4 Argentina Construction Materials Market - Porter's Five Forces |
3.5 Argentina Construction Materials Market Revenues & Volume Share, By Product type 2023 & 2030F |
3.6 Argentina Construction Materials Market Revenues & Volume Share, By Application, 2023 & 2030F |
4 Argentina Construction Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Argentina Construction Materials Market Trends |
6 Argentina Construction Materials Market, By Types |
6.1 Argentina Construction Materials Market, By Product typeΒ |
6.1.1 Overview and Analysis |
6.1.2 Argentina Construction Materials Market Revenues & Volume, By Product type 2020 - 2030F |
6.1.3 Argentina Construction Materials Market Revenues & Volume, By Construction aggregates, 2020 - 2030F |
6.1.4 Argentina Construction Materials Market Revenues & Volume, By Concrete bricks, 2020 - 2030F |
6.1.5 Argentina Construction Materials Market Revenues & Volume, By Cement, 2020 - 2030F |
6.1.6 Argentina Construction Materials Market Revenues & Volume, By Construction metals, 2020 - 2030F |
6.2 Argentina Construction Materials Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Argentina Construction Materials Market Revenues & Volume, By Residential, 2020 - 2030F |
6.2.3 Argentina Construction Materials Market Revenues & Volume, By Commercial, 2020 - 2030F |
6.2.4 Argentina Construction Materials Market Revenues & Volume, By Industrial, 2020 - 2030F |
7 Argentina Construction Materials Market Import-Export Trade Statistics |
7.1 Argentina Construction Materials Market Export to Major Countries |
7.2 Argentina Construction Materials Market Imports from Major Countries |
8 Argentina Construction Materials Market Key Performance Indicators |
9 Argentina Construction Materials Market - Opportunity Assessment |
9.1 Argentina Construction Materials Market Opportunity Assessment, By Product type 2023 & 2030F |
9.2 Argentina Construction Materials Market Opportunity Assessment, By Application, 2023 & 2030F |
10 Argentina Construction Materials Market - Competitive Landscape |
10.1 Argentina Construction Materials Market Revenue Share, By Companies, 2023 |
10.2 Argentina Construction Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |