Argentina Construction Market Report and Forecast 2024-2032

Argentina Construction Market Size

The Argentina construction market is projected to grow at a CAGR of 3.2% between 2024 and 2032. The market is being driven by rising investments in infrastructural development activities.

Argentina Construction Market Outlook

• The development of mining-related infrastructure is a significant point of focus for the Argentine government.

• Commercial infrastructure is expected to dominate the market over the forecast period.

• Chinese companies are expected to gain a significant market presence in the region.

Argentina Construction Market Growth

As per the Global Infrastructure Outlook, by 2040, Argentina must invest 1.68% of its GDP into infrastructure development annually to attain an economic growth rate of 3%. Roadways, railways, and waterways are some of the main developmental areas, expected to attract an investment of $452 billion by 2040.

Less than 35% of Argentina’s roads are paved, which is significantly lower than that in neighbouring countries like Venezuela and Paraguay. The construction of bridges has emerged as an important market trend, with the Inter-American Development Bank approving a loan of $1 billion for the construction of a new bridge in Northeast Argentina. This is expected to drive the market growth in the coming years.

Key priority areas for infrastructure development for Argentina’s government include the construction of new power transmission lines and mining-related infrastructure, as well as the development of new pipelines for hydrocarbon transportation. To boost its import-export sector, Argentina is expected to revamp its railway network to enhance its connectivity with different ports and harbours.

The Argentine government secured $3 billion worth of investments from Chinese banks under the strategic Belt and Road Initiative Plan, which is expected to surge Chinese construction projects in Argentina. Ongoing construction projects include the development of sewage and wastewater treatment plants and the expansion of existing railroad networks.

Argentina Construction Industry Segmentation

Argentina Construction Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market by Construction Type

• New Construction

• Renovations

Market Breakup by End Use

• Commercial

• Residential

• Industrial

• Institutional

Argentina Construction Market Share

Based on end-use, the market is divided into commercial, residential, industrial, and institutional. Over the forecast period, commercial and industrial infrastructure are expected to emerge as the dominant segments, as the government boosts investments into the construction of new radioisotope facilities and the private sector develops new pipelines for oil transportation.

Leading Companies in the Argentina Construction Market

The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers and acquisitions, investments, and capacity expansion.

• Constructora Sudamericana SA

• EDILIZIA

• Techint Group

• Panedile Argentina S.A.I.C.F

• Benito Roggio e Hijos SA

• BTU S.A.

• ELING GROUP SA

• TGLT S.A.

• Others

The Argentine government is expected to attract private sector investments into infrastructure development.

Key Highlights of the Report