Key Trends and Opportunities in the Brazilian Construction Market to 2025: Annual Growth of 2.3% Forecast in 2022 - ResearchAndMarkets.com
Key Trends and Opportunities in the Brazilian Construction Market to 2025: Annual Growth of 2.3% Forecast in 2022 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Construction in Brazil - Key Trends and Opportunities to 2025 (Q4 2021)" report has been added to ResearchAndMarkets.com's offering.
The Brazilian construction industry is expected to register an annual growth of 2.3% in 2022, before picking up to annual average growth of 2.8% from 2023 to 2025. According to the Brazilian Chamber of Construction Industry (CBIC), the industry's output is expected to slow in 2022, due to surging inflation, rising interest rates, rising construction costs and slower economic growth.
According to the Brazilian Institute of Economics (FGV IBRE), the average National Construction Cost Index (INCC-M) rose by 14.7% YoY in the first 11 months of this year, with sharp increases seen in the cost of both materials, equipment and services and labor. Additionally, uncertainty over the duration and behavior of the Coronavirus (COVID-19) pandemic, and the political and fiscal risks ahead of next year's presidential elections, could weigh on the industry's output.
Over the remainder of the forecast period, the construction industry's output will be supported by investments in transport, housing, renewable energy and telecommunication infrastructure projects. The government plans to continue its spending on infrastructure projects, with a focus on improving regional connectivity through the development of transport infrastructure, especially rail infrastructure, to transport cargo.
The government has set a target to increase the share of rail to 35% of the total freight transported by 2035. Brazil's railway network currently accounts for only 15% of the national logistics distribution, while the road system accounts for 65%. In September 2021, the government launched the Pro Trilhos' (Pro Rail) program to boost railroad construction. In the same month, it received 19 requests for the construction of new railway lines, thereby attracting investments worth BRL88.7 billion (US$16.6 billion) in the railway sector.
The report provides detailed market analysis, information, and insights into the Brazilian construction industry, including:
- The Brazilian construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Brazilian construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
This report provides a comprehensive analysis of the construction industry in Brazil. It provides:
- Historical (2016-2020) and forecast (2021-2025) valuations of the construction industry in Brazil, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
-
Listings of major projects, in addition to details of leading contractors and consultants
Key Topics Covered:
1 Executive Summary
2 Construction Industry: At-a-Glance
3 Context
3.1 Economic Performance
3.2 Political Environment and Policy
3.3 Demographics
3.4 COVID-19 Status
3.5 Risk Profile
4 Construction Outlook
4.1 All Construction
4.2 Commercial Construction
4.3 Industrial Construction
4.4 Infrastructure Construction
4.5 Energy and Utilities Construction
4.6 Institutional Construction
4.7 Residential Construction
5 Key Industry Participants
5.1 Contractors
5.2 Consultants
6 Construction Market Data
For more information about this report visit https://www.researchandmarkets.com/r/kvmm16
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Contacts
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
