Latin America Composite Concrete Deck Market Size & Outlook
The composite concrete deck market in Latin America is expected to reach a projected revenue of US$ 47.0 million by 2030. A compound annual growth rate of 8.5% is expected of Latin America composite concrete deck market from 2023 to 2030.
Latin America composite concrete deck market highlights
The Latin America composite concrete deck market generated a revenue of USD 24.5 million in 2022.
The market is expected to grow at a CAGR of 8.5% from 2023 to 2030.
In terms of segment, 3 thickness was the largest revenue generating type in 2022.
1.5 Thickness is the most lucrative type segment registering the fastest growth during the forecast period.
Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
Market revenue in 2022
USD 24.5 million
Market revenue in 2030
USD 47.0 million
Growth rate
8.5% (CAGR from 2022 to 2030)
Largest segment
3 thickness
Fastest growing segment
1.5 Thickness
Historical data covered
2018 - 2021
Base year for estimation
2022
Forecast period covered
2023 - 2030
Quantitative units
Revenue in USD million
Market segmentation
1.5 Thickness, 2 Thickness, 3 Thickness
Key market players worldwide
Tata Steel Ltd GDR - 144A, ASC Profiles, Raised Floor Solutions, Structural Metal Decks, O’Donnell Metal Deck & Bar Joist, Construction Metal Forming, Cordeck, A.C.T. Metal Deck Supply
Other key industry trends
In terms of revenue, Latin America region accounted for 5.4% of the global composite concrete deck market in 2022.
Globally, North America is projected to lead the regional market in terms of revenue in 2030.
MEA is the fastest growing regional market and is projected to reach USD 55.4 million by 2030.
The growth of infrastructure projects such as roads, bridges, and highways are also fueling the demand for composite concrete decks in Central and South America. These projects require durable and long lasting materials, and composite concrete decks provide an excellent solution due to their durability and resistance to weathering.
The industrial sector, which includes manufacturing and energy, is another flourishing industry in Central and South America. Composite concrete decks are used in industrial applications due to their resistance to chemical corrosion, fire, and impact damage, making them an ideal choice for industrial flooring and structural applications.
Latin America Composite Concrete Deck Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Composite Concrete Deck Market Outlook will help companies and investors design strategic landscapes.
3 Thickness was the largest segment with a revenue share of 42.45% in 2022.
Horizon Databook has segmented the Latin America composite concrete deck market based on 1.5 thickness, 2 thickness, 3 thickness covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of infrastructure projects such as roads, bridges, and highways are also fueling the demand for composite concrete decks in Central and South America. These projects require durable and long lasting materials, and composite concrete decks provide an excellent solution due to their durability and resistance to weathering.
The industrial sector, which includes manufacturing and energy, is another flourishing industry in Central and South America. Composite concrete decks are used in industrial applications due to their resistance to chemical corrosion, fire, and impact damage, making them an ideal choice for industrial flooring and structural applications.
Latin America Composite Concrete Deck Market Type Outlook (Revenue, USD Million , 2018-2030)
1.5 Thickness
2 Thickness
3 Thickness
Latin America Composite Concrete Deck Market Deck Type Outlook (Revenue, USD Million , 2018-2030)
Proprietary System
Pre-Cast
Site-Built
Latin America Composite Concrete Deck Market Application Outlook (Revenue, USD Million , 2018-2030)
Residential
Commercial
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America Composite Concrete Deck Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Composite Concrete Deck Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Latin America Composite Concrete Deck Market, 2018-2030 (US$M)