Latin America Joint Compound Industry Analysis

Latin America Joint Compound Industry Outlook from 2023 to 2033

The Latin American joint compound industry size reached USD 46.0 million in 2022. Over the forecast period, joint compound demand in Latin America is anticipated to rise at a 6.3% CAGR. The industry is projected to increase from USD 48.6 million in 2023 to USD 89.5 million in 2033.

Attributes	Key Insights
Base Value (2022)	USD 46.0 million
Estimated Latin America Joint Compound Industry Size (2023)	USD 48.6 million
Projected Latin America Joint Compound Revenue (2033)	USD 89.5 million
Value-based CAGR (2023 to 2033)	6.3%

Key Latin America Joint Compound Industry Highlights

Industry to Expand Over 2.1x through 2033

Latin America's joint compound industry is projected to expand by over 2.1 times through 2033, driven by a 5.1% increase in expected CAGR compared to the historical rate. This is due to the growing demand for construction and infrastructure development. By 2033, the total industry revenue is set to reach USD 89.5 million.

Brazil to Lead Latin America Joint Compound Industry

Brazil is expected to dominate the joint compound industry during the forecast period. It is set to hold around 27.4% of Latin America’s industry share in 2033. This is attributed to the following factors:

• Rising Demand for New Institutional Projects: Several infrastructure projects have been announced in Brazil. These projects aim to expand their range of road marking paints and coatings. As the ready-to-mix type joint compound is employed in developing infrastructures, Brazil is expected to rise through the forecast period.
• Rising Demand for Construction: Urbanization continues to surge infrastructure spending, driven by changing living standards, and in turn, is expanding the population's need for affordable housing and refurbishment.
• Growing Research and Development: Several players across Latin America are adapting emerging business models to expand their regional footprint and industry share. Collaboration activities enable industry players to ensure growth in the ever-competitive sector. Key players are focusing on research and development activities to create new and advanced compounds that fulfill the increasing needs of consumers.

Based on End-use, Residential Construction is Grabbing the Opportunity

The residential construction segment is expected to dominate Latin America’s joint compound industry with a volume share of 44.7% in 2023. Residential construction is expected to remain the key end-use sector for joint compounds in the region, owing to the significant scope of high consumption from the renovation sector.

Historical Latin America Joint Compound Industry Outlook Vs. 2023 to 2033

Joint compound sales in Latin America grew at a CAGR of 1.2% between 2018 and 2022. The industry reached USD 46.0 million in 2022. During the forecast period, the joint compound industry is expected to grow at a CAGR of 6.3%.

Historical CAGR (2018 to 2022)	1.2%
Forecast CAGR (2023 to 2033)	6.3%

The joint compound industry witnessed moderate growth between 2018 and 2022. This was due to economic growth in emerging industries leading to increased construction and infrastructure development.

The COVID-19 pandemic has had a negative impact on several industries, including the joint compound sector, in terms of supply and demand. The pandemic disrupted the supply chains, leading to shortages of raw materials and finished goods. This, in turn, led to a shortage of joint compounds. The pandemic further reduced the demand for joint compounds as the construction industry slowed down due to lockdowns and restrictions.

Future Scope of the Latin America Joint Compound Industry

Over the forecast period, Latin America’s joint compound industry is poised to exhibit healthy growth, reaching a valuation of USD 89.5 million by 2033. The construction industry is expected to showcase growth stability primarily due to rising urbanization in emerging countries across Latin America.

The resurgence of the construction industry in Latin America, along with notable growth and prospects for new construction in developing and emerging economies, is expected to drive the industry forward. This is set to create a high demand for joint compounds in Latin America.

The ready-mix type of joint compound is expected to dominate the market in terms of product type throughout the forecast period. A ready-mix joint compound is designed for fast application. It has easy maintenance, spreads smoothly, and dries up if left unattended for a long period.

Government investments in infrastructure projects, such as roads, bridges, and public buildings, are further expected to amplify the demand for joint compounds. The construction boom associated with urbanization positions joint compound manufacturers at the forefront, shaping the urban landscape in Latin America. These factors are expected to surge the demand for joint compounds by 2033.

Latin America Joint Compound Industry Trends

• Across Latin America, the building sector is placing an increasing amount of attention on sustainability. The joint compound industry in Latin America is driven by a demand for sustainable and eco-friendly products, particularly those with low volatile organic compound (VOC) formulations.
• Construction activity is increasing in tandem with the ongoing urbanization in several countries of Latin America. Roads, bridges, commercial buildings, and other infrastructure development projects are increasing the demand for building supplies, such as joint compounds.
• As the economy expands, the renovation and remodeling industry experiences high growth. Existing structures are frequently upgraded by firms and homeowners, presenting opportunities for the joint compound industry to supply materials for these projects.
• The joint compound industry is investing in research and development to provide products with greater adhesion, faster drying times, and improved environmental features.

Key Factors Restraining Latin America's Joint Compound Industry Growth

• Changes in the region's economy are expected to impact the building sector and demand for joint compounds. The expansion of the joint compound industry is expected to be limited by economic downturns, resulting from decreased investment in infrastructure projects and building activity.
• The price of raw materials is expected to fluctuate due to changes in exchange rates, which can impact the cost of manufacturing joint compounds. Manufacturers are expected to have difficulties and price uncertainty, particularly if they depend on imported supplies.
• Shortages of raw materials or delays in the production process can result from supply chain disruptions caused by natural disasters, geopolitical events, or other factors. The manufacturing and accessibility of joint compounds in the industry are set to be impacted by such interruptions.

Country-wise Insights

The table below shows the estimated growth rates of the top five countries. Mexico, Colombia, and Peru are set to record high CAGRs of 7.3%, 6.9%, and 6.6%, respectively, through 2033.

Countries	Projected Joint Compound CAGR (2023 to 2033)
Brazil	4.6%
Mexico	7.3%
Colombia	6.9%
Argentina	5.4%
Peru	6.6%

Booming Construction Sector to Boost Sales of Joint Compounds in Brazil

Over the assessment period, demand for joint compounds in Brazil is projected to rise at a 4.6% compound annual growth rate (CAGR). Here are the trends enhancing the industry in Brazil:

• Brazil boasts a substantial and continually growing construction sector, driven by the advancement of infrastructure, residential developments, and commercial buildings. The state of the construction industry as a whole has a direct impact on the demand for joint compounds.
• Brazil's urbanization tendencies increase the country's need for infrastructure and housing. There are opportunities for joint compound use in drywall applications due to the demand for residential and commercial structures.
• The Brazilian government initiated infrastructure projects to stimulate economic growth. The need for joint compounds and other building materials is expected to be driven by large-scale projects in the energy, transportation, and public facilities sectors.

Increasing Sustainable Construction Techniques Spurring Growth in Mexico

Over the forecast period, the joint compound industry in Mexico is expected to grow at a robust compound annual growth rate (CAGR) of 7.3%. A handful of the trends are as follows:

• In Mexico, there is a growing emphasis on ecologically friendly building techniques and sustainability. Manufacturers of joint compounds are producing goods with reduced environmental impact.
• Mexico's joint compound industry is likely to be competitive with both domestic and foreign producers. To preserve or increase their share, companies are investing in marketing to distinguish their products and offer competitive pricing.
• Implementing advancements in joint compound formulation and modern production technology is enhancing product quality and performance. Research and development spending by manufacturers is helping them gain a competitive edge.

Colombia to Remain at the Epicentre of Joint Compound Manufacturing

By 2033, the demand for joint compound in Colombia is expected to surge at a CAGR of 6.9%. A handful of the factors are as follows:

• Colombia's economic circumstances is influencing the joint compound sector as well as the building industry. Interest rates, inflation, and GDP growth are among the key variables that affect construction project investments.
• In the construction sector, compliance with building standards and regulations is essential in Colombia. Modifications to environmental regulations or the introduction of new regulatory criteria are influencing the manufacturing and usage of joint compound.

Category-wise Insights

The section below shows the ready mix segment dominating based on product type. It is forecast to thrive at a 6.5% CAGR between 2023 and 2033. Based on application, the new construction segment is anticipated to hold a dominant share through 2033. It is set to exhibit a CAGR of 6.6% during the forecast period.

Ready Mix to Exhibit Exponential Demand in Latin America

Top Segment (Product Type)	Ready Mix
Predicted CAGR (2023 to 2033)	6.5%

Convenience is a key benefit of ready-mix joint compounds. They save building time and effort by eliminating the need for on-site mixing. By using these chemicals directly, contractors can reduce labor-intensive preparatory work.

Ready-mix joint compounds are produced in a controlled environment to provide a reliable and homogeneous result. This uniformity plays a crucial role in the joint compound's dependability in terms of workability, drying properties, and adhesion.

Ready mix joint compounds come in a range of formulas to suit different requirements. They can be divided into groups according to how quickly they dry, such as lightweight or quick-setting compounds.

As these materials are so versatile, contractors select this ideal compound for several applications. Over the forecast period, the ready-mix segment is expected to grow at a CAGR of 6.5%.

Demand for Joint Compounds to Remain High in New Construction Application

Top Segment (Application)	New Construction
Projected CAGR (2023 to 2033)	6.6%

To eliminate significant gaps and create a seamless look, a joint compound is applied over joint tapes to produce a smooth, continuous surface. In new construction, drywall surfaces sometimes need to be repaired due to dents, nicks, or other flaws.

The surfaces are patched and repaired with joint compounds. Joint compound is widely used in new construction due to its adaptability, cost-effectiveness, and versatility. The new construction segment is projected to grow at a 6.6% compound annual growth rate (CAGR) during the forecast period.

Competitive Landscape

The joint compound industry in Latin America is highly consolidated, with leading players accounting for 35.1% share. Companies such as de Saint-Gobain S.A., USG Corporation, Knauf, Dryvitex, Supermastick S.A.S., Durlock, and ProForm Finishing Products LLC are the leading manufacturers and suppliers of joint compounds listed in the report.

Key joint compound companies are investing in ongoing research to develop new products and expand their capacity to meet end-user demand. They are also inclined to adopt strategies that strengthen their footprint, including acquisitions, partnerships, mergers, and facility expansions.

Leading Companies

• USG Corporation: With cutting-edge technology and design, USG provides high-performance construction systems and solutions for interior walls, facades, ceilings, and floor levelers. Energy economy, safety, improved seismic performance, fire resistance, and longevity are all guaranteed when working with USG on any project.
• Cemix: The company offers innovative solutions that simplify the building process. In wall covering, waterproofing, maintenance, repair, concrete painting, and the installation of ceramic and marble applications, Cemix is a significant participant in Latin America.

Scope of the Report

Attribute	Details
Estimated Value (2023)	USD 48.6 million
Projected Value (2033)	USD 89.5 million
Anticipated Growth Rate (2023 to 2033)	6.3%
Historical Data	2018 to 2022
Forecast Period	2023 to 2033
Quantitative Units	Value (USD million) and Volume (metric tons)
Report Coverage	Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis
Segments Covered	Product Type, End-use, Application, Region
Key Countries Covered	Argentina, Brazil, Mexico, Chile, Colombia, Peru, Ecuador, Paraguay, Uruguay, Guatemala, Bolivia, Costa Rica, Rest of Latin America
Key Companies Profiled	Compagnie de Saint-Gobain S.A; USG Corporation; Knuaf, Dryvitex; Supermastick S.A.S, Durlock; Votorantim Cimentos; Plaka Group; ASG Plaster; Cemix Mexico S.A. DE C.V; Promat, Gyplac; DAP Products Inc.; Solid Products, Inc.; ProForm Finishing Products LLC

Table of Content

• 1. Executive Summary
• 2. Industry Overview
• 3. Key Trends
• 4. Key Success Factors
• 5. Latin America Industry Demand Analysis 2018 to 2022 and Forecast, 2023 to 2033
• 6. Latin America Industry - Pricing Analysis
• 7. Latin America Industry Demand (in Value or Size in USD million) Analysis 2018 to 2022 and Forecast, 2023 to 2033
• 8. Industry Background
• 9. Latin America Industry Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type
  • 9.1. Ready Mix
  • 9.2. Setting Type
  • 9.3. Drying Type
• 10. Latin America Industry Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use
  • 10.1. Residential Construction
  • 10.2. Commercial Construction
  • 10.3. Institutional Construction
  • 10.4. Industrial Construction
• 11. Latin America Industry Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
  • 11.1. New Construction
  • 11.2. Refurbishments
• 12. Latin America Industry Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 12.1. Argentina
  • 12.2. Brazil
  • 12.3. Mexico
  • 12.4. Chile
  • 12.5. Colombia
  • 12.6. Peru
  • 12.7. Ecuador
  • 12.8. Paraguay
  • 12.9. Uruguay
  • 12.10. Guatemala
  • 12.11. Bolivia
  • 12.12. Costa Rica
• 13. Argentina Industry Analysis 2018 to 2022 and Forecast 2023 to 2033
• 14. Brazil Industry Analysis 2018 to 2022 and Forecast 2023 to 2033
• 15. Mexico Industry Analysis 2018 to 2022 and Forecast 2023 to 2033
• 16. Chile Industry Analysis 2018 to 2022 and Forecast 2023 to 2033
• 17. Colombia Industry Analysis 2018 to 2022 and Forecast 2023 to 2033
• 18. Peru Industry Analysis 2018 to 2022 and Forecast 2023 to 2033
• 19. Ecuador Industry Analysis 2018 to 2022 and Forecast 2023 to 2033
• 20. Paraguay Industry Analysis 2018 to 2022 and Forecast 2023 to 2033
• 21. Uruguay Industry Analysis 2018 to 2022 and Forecast 2023 to 2033
• 22. Guatemala Industry Analysis 2018 to 2022 and Forecast 2023 to 2033
• 23. Bolivia Industry Analysis 2018 to 2022 and Forecast 2023 to 2033
• 24. Costa Rica Industry Analysis 2018 to 2022 and Forecast 2023 to 2033
• 25. Rest of Latin America Industry Analysis 2018 to 2022 and Forecast 2023 to 2033
• 26. Industry Structure Analysis
• 27. Competition Analysis
  • 27.1. Compagnie de Saint-Gobain S.A
  • 27.2. USG Corporation
  • 27.3. Knauf
  • 27.4. Dryvitex
  • 27.5. Supermastick S.A.S
  • 27.6. Durlock
  • 27.7. Votorantim Cimentos
  • 27.8. Plaka Group
  • 27.9. ASG Plaster
  • 27.10. Cemix Mexico S.A. DE C.V
  • 27.11. Promat
  • 27.12. Gyplac
  • 27.13. DAP Products Inc.
  • 27.14. Solid Products, Inc.
  • 27.15. ProForm Finishing Products, LLC
• 28. Primary Insights
• 29. Assumptions and Acronyms Used
• 30. Research Methodology

List of Tables

Table 01: Latin America Industry Size Volume (metric tons) Estimated By Product Type, 2018 to 2022

Table 02: Europe Industry Size Volume (metric tons) Forecast By Product Type, 2023 to 2033

Table 03: Latin America Industry Size Value (US$ million) Estimated By Product Type, 2018 to 2022

Table 04: Latin America Industry Size Value (US$ million) Forecast By Product Type, 2023 to 2033

Table 05: Latin America Industry Size Volume (metric tons) Estimated By End Use, 2018 to 2022

Table 06: Latin America Industry Size Volume (metric tons) Forecast By End Use, 2023 to 2033

Table 07: Latin America Industry Size Value (US$ million) Estimated By End Use, 2018 to 2022

Table 08: Latin America Industry Size Value (US$ million) Forecast By End Use, 2023 to 2033

Table 09: Latin America Industry Size Volume (metric tons) Estimated By Application, 2018 to 2022

Table 10: Latin America Industry Size Volume (metric tons) Forecast By Application, 2023 to 2033

Table 11: Latin America Industry Size Value (US$ million) Estimated By Application, 2018 to 2022

Table 12: Latin America Industry Size Value (US$ million) Forecast By Application , 2023 to 2033

Table 13: Latin America Industry Size Volume (metric tons) Estimated By Country, 2018 to 2022

Table 14: Latin America Industry Size Volume (metric tons) Estimated By Country, 2018 to 2022

Table 15: Latin America Industry Size Value (US$ million) Estimated By Country, 2018 to 2022

Table 16: Latin America Industry Size Value (US$ million) Estimated By Country, 2018 to 2022

Table 17: Argentina Industry Size Volume (metric tons) Estimated By Product Type, 2018 to 2022

Table 18: Argentina Industry Size Volume (metric tons) Forecast By Product Type, 2023 to 2033

Table 19: Argentina Industry Size Value (US$ million) Estimated By Product Type, 2018 to 2022

Table 20: Argentina Industry Size Value (US$ million) Forecast By Product Type, 2023 to 2033

Table 21: Argentina Industry Size Volume (metric tons) Estimated By End Use, 2018 to 2022

Table 22: Argentina Industry Size Volume (metric tons) Forecast By End Use, 2023 to 2033

Table 23: Argentina Industry Size Value (US$ million) Estimated By End Use, 2018 to 2022

Table 24: Argentina Industry Size Value (US$ million) Forecast By End Use, 2023 to 2033

Table 25: Argentina Industry Size Volume (metric tons) Estimated By Application, 2018 to 2022

Table 26: Argentina Industry Size Volume (metric tons) Forecast By Application, 2023 to 2033

Table 27: Argentina Industry Size Value (US$ million) Estimated By Application, 2018 to 2022

Table 28: Argentina Industry Size Value (US$ million) Forecast By Application , 2023 to 2033

Table 29: Brazil Industry Size Volume (metric tons) Estimated By Product Type, 2018 to 2022

Table 30: Brazil Industry Size Volume (metric tons) Forecast By Product Type, 2023 to 2033

Table 31: Brazil Industry Size Value (US$ million) Estimated By Product Type, 2018 to 2022

Table 32: Brazil Industry Size Value (US$ million) Forecast By Product Type, 2023 to 2033

Table 33: Brazil Industry Size Volume (metric tons) Estimated By End Use, 2018 to 2022

Table 34: Brazil Industry Size Volume (metric tons) Forecast By End Use, 2023 to 2033

Table 35: Brazil Industry Size Value (US$ million) Estimated By End Use, 2018 to 2022

Table 36: Brazil Industry Size Value (US$ million) Forecast By End Use, 2023 to 2033

Table 37: Brazil Industry Size Volume (metric tons) Estimated By Application, 2018 to 2022

Table 38: Brazil Industry Size Volume (metric tons) Forecast By Application, 2023 to 2033

Table 39: Brazil Industry Size Value (US$ million) Estimated By Application, 2018 to 2022

Table 40: Brazil Industry Size Value (US$ million) Forecast By Application , 2023 to 2033

Table 41: Mexico Industry Size Volume (metric tons) Estimated By Product Type, 2018 to 2022

Table 42: Mexico Industry Size Volume (metric tons) Forecast By Product Type, 2023 to 2033

Table 43: Mexico Industry Size Value (US$ million) Estimated By Product Type, 2018 to 2022

Table 44: Mexico Industry Size Value (US$ million) Forecast By Product Type, 2023 to 2033

Table 45: Mexico Industry Size Volume (metric tons) Estimated By End Use, 2018 to 2022

Table 46: Mexico Industry Size Volume (metric tons) Forecast By End Use, 2023 to 2033

Table 47: Mexico Industry Size Value (US$ million) Estimated By End Use, 2018 to 2022

Table 48: Mexico Industry Size Value (US$ million) Forecast By End Use, 2023 to 2033

Table 49: Mexico Industry Size Volume (metric tons) Estimated By Application, 2018 to 2022

Table 50: Mexico Industry Size Volume (metric tons) Forecast By Application, 2023 to 2033

Table 51: Mexico Industry Size Value (US$ million) Estimated By Application, 2018 to 2022

Table 52: Mexico Industry Size Value (US$ million) Forecast By Application , 2023 to 2033

Table 53: Chile Industry Size Volume (metric tons) Estimated By Product Type, 2018 to 2022

Table 54: Chile Industry Size Volume (metric tons) Forecast By Product Type, 2023 to 2033

Table 55: Chile Industry Size Value (US$ million) Estimated By Product Type, 2018 to 2022

Table 56: Chile Industry Size Value (US$ million) Forecast By Product Type, 2023 to 2033

Table 57: Chile Industry Size Volume (metric tons) Estimated By End Use, 2018 to 2022

Table 58: Chile Industry Size Volume (metric tons) Forecast By End Use, 2023 to 2033

Table 59: Chile Industry Size Value (US$ million) Estimated By End Use, 2018 to 2022

Table 60: Chile Industry Size Value (US$ million) Forecast By End Use, 2023 to 2033

Table 61: Chile Industry Size Volume (metric tons) Estimated By Application, 2018 to 2022

Table 62: Chile Industry Size Volume (metric tons) Forecast By Application, 2023 to 2033

Table 63: Chile Industry Size Value (US$ million) Estimated By Application, 2018 to 2022

Table 64: Chile Industry Size Value (US$ million) Forecast By Application , 2023 to 2033

Table 65: Colombia Industry Size Volume (metric tons) Estimated By Product Type, 2018 to 2022

Table 66: Colombia Industry Size Volume (metric tons) Forecast By Product Type, 2023 to 2033

Table 67: Colombia Industry Size Value (US$ million) Estimated By Product Type, 2018 to 2022

Table 68: Colombia Industry Size Value (US$ million) Forecast By Product Type, 2023 to 2033

Table 69: Colombia Industry Size Volume (metric tons) Estimated By End Use, 2018 to 2022

Table 70: Colombia Industry Size Volume (metric tons) Forecast By End Use, 2023 to 2033

Table 71: Colombia Industry Size Value (US$ million) Estimated By End Use, 2018 to 2022

Table 72: Colombia Industry Size Value (US$ million) Forecast By End Use, 2023 to 2033

Table 73: Colombia Industry Size Volume (metric tons) Estimated By Application, 2018 to 2022

Table 74: Colombia Industry Size Volume (metric tons) Forecast By Application, 2023 to 2033

Table 75: Colombia Industry Size Value (US$ million) Estimated By Application, 2018 to 2022

Table 76: Colombia Industry Size Value (US$ million) Forecast By Application , 2023 to 2033

Table 77: Peru Industry Size Volume (metric tons) Estimated By Product Type, 2018 to 2022

Table 78: Peru Industry Size Volume (metric tons) Forecast By Product Type, 2023 to 2033

Table 79: Peru Industry Size Value (US$ million) Estimated By Product Type, 2018 to 2022

Table 80: Peru Industry Size Value (US$ million) Forecast By Product Type, 2023 to 2033

Table 81: Peru Industry Size Volume (metric tons) Estimated By End Use, 2018 to 2022

Table 82: Peru Industry Size Volume (metric tons) Forecast By End Use, 2023 to 2033

Table 83: Peru Industry Size Value (US$ million) Estimated By End Use, 2018 to 2022

Table 84: Peru Industry Size Value (US$ million) Forecast By End Use, 2023 to 2033

Table 85: Peru Industry Size Volume (metric tons) Estimated By Application, 2018 to 2022

Table 86: Peru Industry Size Volume (metric tons) Forecast By Application, 2023 to 2033

Table 87: Peru Industry Size Value (US$ million) Estimated By Application, 2018 to 2022

Table 88: Peru Industry Size Value (US$ million) Forecast By Application , 2023 to 2033

Table 89: Ecuador Industry Size Volume (metric tons) Estimated By Product Type, 2018 to 2022

Table 90: Ecuador Industry Size Volume (metric tons) Forecast By Product Type, 2023 to 2033

Table 91: Ecuador Industry Size Value (US$ million) Estimated By Product Type, 2018 to 2022

Table 92: Ecuador Industry Size Value (US$ million) Forecast By Product Type, 2023 to 2033

Table 93: Ecuador Industry Size Volume (metric tons) Estimated By End Use, 2018 to 2022

Table 94: Ecuador Industry Size Volume (metric tons) Forecast By End Use, 2023 to 2033

Table 95: Ecuador Industry Size Value (US$ million) Estimated By End Use, 2018 to 2022

Table 96: Ecuador Industry Size Value (US$ million) Forecast By End Use, 2023 to 2033

Table 97: Ecuador Industry Size Volume (metric tons) Estimated By Application, 2018 to 2022

Table 98: Ecuador Industry Size Volume (metric tons) Forecast By Application, 2023 to 2033

Table 99: Ecuador Industry Size Value (US$ million) Estimated By Application, 2018 to 2022

Table 100: Ecuador Industry Size Value (US$ million) Forecast By Application , 2023 to 2033

Table 101: Paraguay Industry Size Volume (metric tons) Estimated By Product Type, 2018 to 2022

Table 102: Paraguay Industry Size Volume (metric tons) Forecast By Product Type, 2023 to 2033

Table 103: Paraguay Industry Size Value (US$ million) Estimated By Product Type, 2018 to 2022

Table 104: Paraguay Industry Size Value (US$ million) Forecast By Product Type, 2023 to 2033

Table 105: Ecuador Industry Size Volume (metric tons) Estimated By End Use, 2018 to 2022

Table 106: Paraguay Industry Size Volume (metric tons) Forecast By End Use, 2023 to 2033

Table 107: Paraguay Industry Size Value (US$ million) Estimated By End Use, 2018 to 2022

Table 108: Paraguay Industry Size Value (US$ million) Forecast By End Use, 2023 to 2033

Table 109: Paraguay Industry Size Volume (metric tons) Estimated By Application, 2018 to 2022

Table 110: Paraguay Industry Size Volume (metric tons) Forecast By Application, 2023 to 2033

Table 111: Paraguay Industry Size Value (US$ million) Estimated By Application, 2018 to 2022

Table 112: Paraguay Industry Size Value (US$ million) Forecast By Application , 2023 to 2033

Table 113: Uruguay Industry Size Volume (metric tons) Estimated By Product Type, 2018 to 2022

Table 114: Uruguay Industry Size Volume (metric tons) Forecast By Product Type, 2023 to 2033

Table 115: Uruguay Industry Size Value (US$ million) Estimated By Product Type, 2018 to 2022

Table 116: Uruguay Industry Size Value (US$ million) Forecast By Product Type, 2023 to 2033

Table 117: Uruguay Industry Size Volume (metric tons) Estimated By End Use, 2018 to 2022

Table 118: Uruguay Industry Size Volume (metric tons) Forecast By End Use, 2023 to 2033

Table 119: Uruguay Industry Size Value (US$ million) Estimated By End Use, 2018 to 2022

Table 120: Uruguay Industry Size Value (US$ million) Forecast By End Use, 2023 to 2033

Table 121: Uruguay Industry Size Volume (metric tons) Estimated By Application, 2018 to 2022

Table 122: Uruguay Industry Size Volume (metric tons) Forecast By Application, 2023 to 2033

Table 123: Uruguay Industry Size Value (US$ million) Estimated By Application, 2018 to 2022

Table 124: Uruguay Industry Size Value (US$ million) Forecast By Application , 2023 to 2033

Table 125: Guatemala Industry Size Volume (metric tons) Estimated By Product Type, 2018 to 2022

Table 126: Guatemala Industry Size Volume (metric tons) Forecast By Product Type, 2023 to 2033

Table 127: Guatemala Industry Size Value (US$ million) Estimated By Product Type, 2018 to 2022

Table 128: Guatemala Industry Size Value (US$ million) Forecast By Product Type, 2023 to 2033

Table 129: Guatemala Industry Size Volume (metric tons) Estimated By End Use, 2018 to 2022

Table 130: Guatemala Industry Size Volume (metric tons) Forecast By End Use, 2023 to 2033

Table 131: Guatemala Industry Size Value (US$ million) Estimated By End Use, 2018 to 2022

Table 132: Guatemala Industry Size Value (US$ million) Forecast By End Use, 2023 to 2033

Table 133: Guatemala Industry Size Volume (metric tons) Estimated By Application, 2018 to 2022

Table 134: Guatemala Industry Size Volume (metric tons) Forecast By Application, 2023 to 2033

Table 135: Guatemala Industry Size Value (US$ million) Estimated By Application, 2018 to 2022

Table 136: Guatemala Industry Size Value (US$ million) Forecast By Application , 2023 to 2033

Table 137: Bolivia Industry Size Volume (metric tons) Estimated By Product Type, 2018 to 2022

Table 138: Bolivia Industry Size Volume (metric tons) Forecast By Product Type, 2023 to 2033

Table 139: Ecuador Industry Size Value (US$ million) Estimated By Product Type, 2018 to 2022

Table 140: Bolivia Industry Size Value (US$ million) Forecast By Product Type, 2023 to 2033

Table 141: Bolivia Industry Size Volume (metric tons) Estimated By End Use, 2018 to 2022

Table 142: Bolivia Industry Size Volume (metric tons) Forecast By End Use, 2023 to 2033

Table 143: Bolivia Industry Size Value (US$ million) Estimated By End Use, 2018 to 2022

Table 144: Bolivia Industry Size Value (US$ million) Forecast By End Use, 2023 to 2033

Table 145: Bolivia Industry Size Volume (metric tons) Estimated By Application, 2018 to 2022

Table 146: Bolivia Industry Size Volume (metric tons) Forecast By Application, 2023 to 2033

Table 147: Bolivia Industry Size Value (US$ million) Estimated By Application, 2018 to 2022

Table 148: Bolivia Industry Size Value (US$ million) Forecast By Application , 2023 to 2033

Table 149: Costa Rica Industry Size Volume (metric tons) Estimated By Product Type, 2018 to 2022

Table 150: Costa Rica Industry Size Volume (metric tons) Forecast By Product Type, 2023 to 2033

Table 151: Costa Rica Industry Size Value (US$ million) Estimated By Product Type, 2018 to 2022

Table 152: Costa Rica Industry Size Value (US$ million) Forecast By Product Type, 2023 to 2033

Table 153: Costa Rica Industry Size Volume (metric tons) Estimated By End Use, 2018 to 2022

Table 154: Costa Rica Industry Size Volume (metric tons) Forecast By End Use, 2023 to 2033

Table 155: Costa Rica Industry Size Value (US$ million) Estimated By End Use, 2018 to 2022

Table 156: Costa Rica Industry Size Value (US$ million) Forecast By End Use, 2023 to 2033

Table 157: Costa Rica Industry Size Volume (metric tons) Estimated By Application, 2018 to 2022

Table 158: Costa Rica Industry Size Volume (metric tons) Forecast By Application, 2023 to 2033

Table 159: Costa Rica Industry Size Value (US$ million) Estimated By Application, 2018 to 2022

Table 160: Costa Rica Industry Size Value (US$ million) Forecast By Application , 2023 to 2033

Table 161: Rest of Latin America Industry Size Volume (metric tons) Estimated By Product Type, 2018 to 2022

Table 162: Rest of Latin America Industry Size Volume (metric tons) Forecast By Product Type, 2023 to 2033

Table 163: Rest of Latin America Industry Size Value (US$ million) Estimated By Product Type, 2018 to 2022

Table 164: Rest of Latin America Industry Size Value (US$ million) Forecast By Product Type, 2023 to 2033

Table 165: Rest of Latin America Industry Size Volume (metric tons) Estimated By End Use, 2018 to 2022

Table 166: Rest of Latin America Industry Size Volume (metric tons) Forecast By End Use, 2023 to 2033

Table 167: Rest of Latin America Industry Size Value (US$ million) Estimated By End Use, 2018 to 2022

Table 168: Rest of Latin America Industry Size Value (US$ million) Forecast By End Use, 2023 to 2033

Table 169: Rest of Latin America Industry Size Volume (metric tons) Estimated By Application, 2018 to 2022

Table 170: Rest of Latin America Industry Size Volume (metric tons) Forecast By Application, 2023 to 2033

Table 171: Rest of Latin America Industry Size Value (US$ million) Estimated By Application, 2018 to 2022

Table 172: Rest of Latin America Industry Size Value (US$ million) Forecast By Application, 2023 to 2033

List of Figures

Figure 01: Latin America Historical Volume (KT) Analysis, 2018 to 2022

Figure 02: Latin America Current and Future Volume (KT) Analysis, 2023 to 2033

Figure 03: Latin America Value (US$ million), 2018 to 2022

Figure 04: Latin America Value (US$ million) Forecast, 2023 to 2033

Figure 05: Latin America Absolute $ Opportunity, 2018 to 2023 and 2033

Figure 06: Latin America Industry Share and BPS Analysis By Product Type– 2023 to 2033

Figure 07: Latin America Industry Y-o-Y Growth Projections By Product Type, 2023 to 2033

Figure 08: Latin America Industry Attractiveness Analysis By Product Type, 2023 to 2033

Figure 09: Latin America Industry Absolute $ Opportunity by Ready Mix Segment, 2018 to 2033

Figure 10: Latin America Industry Absolute $ Opportunity by Setting Type Segment, 2018 to 2033

Figure 11: Latin America Industry Share and BPS Analysis By End Use– 2023 to 2033

Figure 12: Latin America Industry Y-o-Y Growth Projections By End Use, 2023 to 2033

Figure 13: Latin America Industry Attractiveness Analysis By End Use, 2023 to 2033

Figure 14: Latin America Industry Absolute $ Opportunity by Residential Construction Segment, 2018 to 2033

Figure 15: Latin America Industry Absolute $ Opportunity by Commercial Construction Segment, 2018 to 2033

Figure 16: Latin America Industry Share and BPS Analysis By Application– 2023 to 2033

Figure 17: Latin America Industry Y-o-Y Growth Projections By Application, 2023 to 2033

Figure 18: Latin America Industry Attractiveness Analysis By Application, 2023 to 2033

Figure 19: Latin America Industry Share and BPS Analysis By Country– 2023 to 2033

Figure 20: Latin America Industry Y-o-Y Growth Projections By Country, 2023 to 2033

Figure 21: Latin America Industry Attractiveness Analysis By Country, 2023 to 2033

Figure 22: Argentina Industry Share and BPS Analysis By Product Type– 2023 to 2033

Figure 23: Argentina Industry Y-o-Y Growth Projections By Product Type, 2023 to 2033

Figure 24: Argentina Industry Attractiveness Analysis By Product Type, 2023 to 2033

Figure 25: Argentina Industry Share and BPS Analysis By End Use– 2023 to 2033

Figure 26: Argentina Industry Y-o-Y Growth Projections By End Use, 2023 to 2033

Figure 27: Latin America Industry Absolute $ Opportunity by Argentina Segment, 2018 to 2033

Figure 28: Argentina Industry Attractiveness Analysis By End Use, 2023 to 2033

Figure 29: Latin America Industry Absolute $ Opportunity by Brazil Segment, 2018 to 2033

Figure 30: Argentina Industry Share and BPS Analysis By Application– 2023 to 2033

Figure 31: Argentina Industry Y-o-Y Growth Projections By Application, 2023 to 2033

Figure 32: Argentina Industry Attractiveness Analysis By Application, 2023 to 2033

Figure 33: Brazil Industry Share and BPS Analysis By Product Type– 2023 to 2033

Figure 34: Brazil Industry Y-o-Y Growth Projections By Product Type, 2023 to 2033

Figure 35: Brazil Industry Attractiveness Analysis By Product Type, 2023 to 2033

Figure 36: Brazil Industry Share and BPS Analysis By End Use– 2023 to 2033

Figure 37: Brazil Industry Y-o-Y Growth Projections By End Use, 2023 to 2033

Figure 38: Brazil Industry Attractiveness Analysis By End Use, 2023 to 2033

Figure 39: Brazil Industry Share and BPS Analysis By Application– 2023 to 2033

Figure 40: Brazil Industry Y-o-Y Growth Projections By Application, 2023 to 2033

Figure 41: Brazil Industry Attractiveness Analysis By Application, 2023 to 2033

Figure 42: Mexico Industry Share and BPS Analysis By Product Type– 2023 to 2033

Figure 43: Mexico Industry Y-o-Y Growth Projections By Product Type, 2023 to 2033

Figure 44: Mexico Industry Attractiveness Analysis By Product Type, 2023 to 2033

Figure 45: Mexico Industry Share and BPS Analysis By End Use– 2023 to 2033

Figure 46: Mexico Industry Y-o-Y Growth Projections By End Use, 2023 to 2033

Figure 47: Mexico Industry Attractiveness Analysis By End Use, 2023 to 2033

Figure 48: Mexico Industry Share and BPS Analysis By Application– 2023 to 2033

Figure 49: Mexico Industry Y-o-Y Growth Projections By Application, 2023 to 2033

Figure 50: Mexico Industry Attractiveness Analysis By Application, 2023 to 2033

Figure 51: Chile Industry Share and BPS Analysis By Product Type– 2023 to 2033

Figure 52: Chile Industry Y-o-Y Growth Projections By Product Type, 2023 to 2033

Figure 53: Chile Industry Attractiveness Analysis By Product Type, 2023 to 2033

Figure 54: Chile Industry Share and BPS Analysis By End Use– 2023 to 2033

Figure 55: Chile Industry Y-o-Y Growth Projections By End Use, 2023 to 2033

Figure 56: Chile Industry Attractiveness Analysis By End Use, 2023 to 2033

Figure 57: Chile Industry Share and BPS Analysis By Application– 2023 to 2033

Figure 58: Chile Industry Y-o-Y Growth Projections By Application, 2023 to 2033

Figure 59: Chile Industry Attractiveness Analysis By Application, 2023 to 2033

Figure 60: Colombia Industry Share and BPS Analysis By Product Type– 2023 to 2033

Figure 61: Colombia Industry Y-o-Y Growth Projections By Product Type, 2023 to 2033

Figure 62: Colombia Industry Attractiveness Analysis By Product Type, 2023 to 2033

Figure 63: Colombia Industry Share and BPS Analysis By End Use– 2023 to 2033

Figure 64: Colombia Industry Y-o-Y Growth Projections By End Use, 2023 to 2033

Figure 65: Colombia Industry Attractiveness Analysis By End Use, 2023 to 2033

Figure 66: Colombia Industry Share and BPS Analysis By Application– 2023 to 2033

Figure 67: Colombia Industry Y-o-Y Growth Projections By Application, 2023 to 2033

Figure 68: Colombia Industry Attractiveness Analysis By Application, 2023 to 2033

Figure 69: Peru Industry Share and BPS Analysis By Product Type– 2023 to 2033

Figure 70: Peru Industry Y-o-Y Growth Projections By Product Type, 2023 to 2033

Figure 71: Peru Industry Attractiveness Analysis By Product Type, 2023 to 2033

Figure 72: Peru Industry Share and BPS Analysis By End Use– 2023 to 2033

Figure 73: Peru Industry Y-o-Y Growth Projections By End Use, 2023 to 2033

Figure 74: Peru Industry Attractiveness Analysis By End Use, 2023 to 2033

Figure 75: Peru Industry Share and BPS Analysis By Application– 2023 to 2033

Figure 76: Peru Industry Y-o-Y Growth Projections By Application, 2023 to 2033

Figure 77: Peru Industry Attractiveness Analysis By Application, 2023 to 2033

Figure 78: Ecuador Industry Share and BPS Analysis By Product Type– 2023 to 2033

Figure 79: Ecuador Industry Y-o-Y Growth Projections By Product Type, 2023 to 2033

Figure 80: Ecuador Industry Attractiveness Analysis By Product Type, 2023 to 2033

Figure 81: Ecuador Industry Share and BPS Analysis By End Use– 2023 to 2033

Figure 82: Ecuador Industry Y-o-Y Growth Projections By End Use, 2023 to 2033

Figure 83: Ecuador Industry Attractiveness Analysis By End Use, 2023 to 2033

Figure 84: Ecuador Industry Share and BPS Analysis By Application– 2023 to 2033

Figure 85: Ecuador Industry Y-o-Y Growth Projections By Application, 2023 to 2033

Figure 86: Ecuador Industry Attractiveness Analysis By Application, 2023 to 2033

Figure 87: Paraguay Industry Share and BPS Analysis By Product Type– 2023 to 2033

Figure 88: Paraguay Industry Y-o-Y Growth Projections By Product Type, 2023 to 2033

Figure 89: Paraguay Industry Attractiveness Analysis By Product Type, 2023 to 2033

Figure 90: Paraguay Industry Share and BPS Analysis By End Use– 2023 to 2033

Figure 91: Paraguay Industry Y-o-Y Growth Projections By End Use, 2023 to 2033

Figure 92: Paraguay Industry Attractiveness Analysis By End Use, 2023 to 2033

Figure 93: Paraguay Industry Share and BPS Analysis By Application– 2023 to 2033

Figure 94: Paraguay Industry Y-o-Y Growth Projections By Application, 2023 to 2033

Figure 95: Paraguay Industry Attractiveness Analysis By Application, 2023 to 2033

Figure 96: Uruguay Industry Share and BPS Analysis By Product Type– 2023 to 2033

Figure 97: Uruguay Industry Y-o-Y Growth Projections By Product Type, 2023 to 2033

Figure 98: Uruguay Industry Attractiveness Analysis By Product Type, 2023 to 2033

Figure 99: Uruguay Industry Share and BPS Analysis By End Use– 2023 to 2033

Figure 100: Uruguay Industry Y-o-Y Growth Projections By End Use, 2023 to 2033

Figure 101: Uruguay Industry Attractiveness Analysis By End Use, 2023 to 2033

Figure 102: Uruguay Industry Share and BPS Analysis By Application– 2023 to 2033

Figure 103: Uruguay Industry Y-o-Y Growth Projections By Application, 2023 to 2033

Figure 104: Uruguay Industry Attractiveness Analysis By Application, 2023 to 2033

Figure 105: Guatemala Industry Share and BPS Analysis By Product Type– 2023 to 2033

Figure 106: Guatemala Industry Y-o-Y Growth Projections By Product Type, 2023 to 2033

Figure 107: Guatemala Industry Attractiveness Analysis By Product Type, 2023 to 2033

Figure 108: Guatemala Industry Share and BPS Analysis By End Use– 2023 to 2033

Figure 109: Guatemala Industry Y-o-Y Growth Projections By End Use, 2023 to 2033

Figure 110: Guatemala Industry Attractiveness Analysis By End Use, 2023 to 2033

Figure 111: Guatemala Industry Share and BPS Analysis By Application– 2023 to 2033

Figure 112: Guatemala Industry Y-o-Y Growth Projections By Application, 2023 to 2033

Figure 113: Guatemala Industry Attractiveness Analysis By Application, 2023 to 2033

Figure 114: Bolivia Industry Share and BPS Analysis By Product Type– 2023 to 2033

Figure 115: Bolivia Industry Y-o-Y Growth Projections By Product Type, 2023 to 2033

Figure 116: Bolivia Industry Attractiveness Analysis By Product Type, 2023 to 2033

Figure 117: Bolivia Industry Share and BPS Analysis By End Use– 2023 to 2033

Figure 118: Bolivia Industry Y-o-Y Growth Projections By End Use, 2023 to 2033

Figure 119: Bolivia Industry Attractiveness Analysis By End Use, 2023 to 2033

Figure 120: Bolivia Industry Share and BPS Analysis By Application– 2023 to 2033

Figure 121: Bolivia Industry Y-o-Y Growth Projections By Application, 2023 to 2033

Figure 122: Bolivia Industry Attractiveness Analysis By Application, 2023 to 2033

Figure 123: Costa Rica Industry Share and BPS Analysis By Product Type– 2023 to 2033

Figure 124: Costa Rica Industry Y-o-Y Growth Projections By Product Type, 2023 to 2033

Figure 125: Costa Rica Industry Attractiveness Analysis By Product Type, 2023 to 2033

Figure 126: Costa Rica Industry Share and BPS Analysis By End Use– 2023 to 2033

Figure 127: Costa Rica Industry Y-o-Y Growth Projections By End Use, 2023 to 2033

Figure 128: Costa Rica Industry Attractiveness Analysis By End Use, 2023 to 2033

Figure 129: Costa Rica Industry Share and BPS Analysis By Application– 2023 to 2033

Figure 130: Costa Rica Industry Y-o-Y Growth Projections By Application, 2023 to 2033

Figure 131: Costa Rica Industry Attractiveness Analysis By Application, 2023 to 2033

Figure 132: Rest of Latin America Industry Share and BPS Analysis By Product Type– 2023 to 2033

Figure 133: Rest of Latin America Industry Y-o-Y Growth Projections By Product Type, 2023 to 2033

Figure 134: Rest of Latin America Industry Attractiveness Analysis By Product Type, 2023 to 2033

Figure 135: Rest of Latin America Industry Share and BPS Analysis By End Use– 2023 to 2033

Figure 136: Rest of Latin America Industry Y-o-Y Growth Projections By End Use, 2023 to 2033

Figure 137: Rest of Latin America Industry Attractiveness Analysis By End Use, 2023 to 2033

Figure 138: Rest of Latin America Industry Share and BPS Analysis By Application– 2023 to 2033

Figure 139: Rest of Latin America Industry Y-o-Y Growth Projections By Application, 2023 to 2033

Figure 140: Rest of Latin America Industry Attractiveness Analysis By Application, 2023 to 2033