Market Forecast By Product type (Construction aggregates, Concrete bricks, Cement, Construction metals), By Application (Residential, Commercial, Industrial) And Competitive Landscape
Product Code: ETC016702 | 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 | |
Brazil Construction Materials market currently, in 2023, has witnessed an HHI of 1423, Which has increased slightly as compared to the HHI of 1323 in 2017. The market is moving towards highly competitive. 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.
Brazil 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.
The Brazil construction materials market holds huge growth potential, driven by various factors such as rising urbanization, the growth of the housing sector, and the government's efforts to improve infrastructure and connectivity. A vast infrastructure development initiative is bolstering the construction materials demand at a rapid pace in the country.
According to 6Wresearch, the Brazil Construction Materials Market size is registering growth at a CAGR of 6.9% during the forecast period 2024-2030. The market growth is influenced by several factors such as the country's high economic growth, urbanization, and a booming housing sector. Brazil has experienced high economic growth rates driven by a large investment in domestic industries and political stability. The construction sector is another driver contributing to the Brazil Construction Materials Market growth. Heavy investment has been made in constructing highways, airports, and public buildings. Additionally, the residential sector is generating high demand for construction materials with the growing housing demand.
Beside the growth prospects, the market faces several obstacles such as a lack of skilled labour and issues with the supply chain. High taxes, stringent regulations, and high-interest rates make it challenging for construction material manufacturers to grow. Supply chain issues, such as the interruption in the availability of raw materials, can also hamper the operation of the construction materials industry. However, with ongoing trends market is experiencing massive growth, such as the rising adoption of sustainable technologies, e-commerce, and e-learning. Sustainability is becoming a key aspect of construction projects, resulting in increased demand for sustainable building materials such as insulation, and energy-efficient fittings. Additionally, the adoption of e-commerce is creating immense opportunities for the construction materials market to reach and serve a wider customer base.
The Brazilian government has introduced several supportive policies & programmes to boost infrastructure and the growth of the Brazil Construction Materials industry. The government is promoting PPPs (public-private partnerships) to build critical infrastructure, giving priority to integrated urban development, and actively investing in affordable housing and transportation infrastructure for better connectivity. Additionally, tax incentives are on offer to industries operating in certain regions or participating in strategic sectors such as construction materials.
The Brazil construction materials market is competitive & fragmented, with many small & giant companies operating in the space. There are vital players in the industry such as Votorantim Cimentos, Saint Gobain, Gerdau, Duratex, and Eternit. These companies are critical to the growth of the industry, having invested heavily in research and development, sustainability, and innovation.
According to Dhaval, Research Manager, 6Wresearch, the residential sector is securing growth in the market underpinned by the rising demand for new housing and population growth. On the other side, other sectors including commercial and industrial are also estimated to gain traction in the coming years, driven by several factors such as industrial expansion and the construction of shopping malls and offices.
The report provides a detailed analysis of the following 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 Brazil Construction Materials Market Overview |
3.1 Brazil Country Macro Economic Indicators |
3.2 Brazil Construction Materials Market Revenues & Volume, 2020 & 2030F |
3.3 Brazil Construction Materials Market - Industry Life Cycle |
3.4 Brazil Construction Materials Market - Porter's Five Forces |
3.5 Brazil Construction Materials Market Revenues & Volume Share, By Product type 2023 & 2030F |
3.6 Brazil Construction Materials Market Revenues & Volume Share, By Application, 2023 & 2030F |
4 Brazil Construction Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Brazil Construction Materials Market Trends |
6 Brazil Construction Materials Market, By Types |
6.1 Brazil Construction Materials Market, By Product type |
6.1.1 Overview and Analysis |
6.1.2 Brazil Construction Materials Market Revenues & Volume, By Product type 2020 - 2030F |
6.1.3 Brazil Construction Materials Market Revenues & Volume, By Construction aggregates, 2020 - 2030F |
6.1.4 Brazil Construction Materials Market Revenues & Volume, By Concrete bricks, 2020 - 2030F |
6.1.5 Brazil Construction Materials Market Revenues & Volume, By Cement, 2020 - 2030F |
6.1.6 Brazil Construction Materials Market Revenues & Volume, By Construction metals, 2020 - 2030F |
6.2 Brazil Construction Materials Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Brazil Construction Materials Market Revenues & Volume, By Residential, 2020 - 2030F |
6.2.3 Brazil Construction Materials Market Revenues & Volume, By Commercial, 2020 - 2030F |
6.2.4 Brazil Construction Materials Market Revenues & Volume, By Industrial, 2020 - 2030F |
7 Brazil Construction Materials Market Import-Export Trade Statistics |
7.1 Brazil Construction Materials Market Export to Major Countries |
7.2 Brazil Construction Materials Market Imports from Major Countries |
8 Brazil Construction Materials Market Key Performance Indicators |
9 Brazil Construction Materials Market - Opportunity Assessment |
9.1 Brazil Construction Materials Market Opportunity Assessment, By Product type 2023 & 2030F |
9.2 Brazil Construction Materials Market Opportunity Assessment, By Application, 2023 & 2030F |
10 Brazil Construction Materials Market - Competitive Landscape |
10.1 Brazil Construction Materials Market Revenue Share, By Companies, 2023 |
10.2 Brazil Construction Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |