Latin America Smart Building Materials Market Size & Outlook
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Latin America smart building materials market highlights
- The Latin America smart building materials market generated a revenue of USD 2,468.5 million in 2024.
- The market is expected to grow at a CAGR of 7.5% from 2025 to 2033.
- In terms of segment, smart glass was the largest revenue generating product in 2024.
- Phase-Change Materials is the most lucrative product segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2024 | USD 2,468.5 million |
| Market revenue in 2033 | USD 4,739.6 million |
| Growth rate | 7.5% (CAGR from 2025 to 2033) |
| Largest segment | Smart glass |
| Fastest growing segment | Phase-Change Materials |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Smart Glass, Phase-Change Materials, Self-Healing Concrete, Smart Insulation Materials |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.9% of the global smart building materials market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 38,291.9 million by 2033.
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Smart Building Materials Market Scope
Smart Building Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Masdar City | View profile | 251-500 | Abu Dhabi, Abu Dhabi, United Arab Emirates, Asia | https://masdarcity.ae/ |
| AGC Inc | View profile | 61671 | 1-5-1, Marunouchi, Chiyoda-ku, Tokyo, Japan, 100-8405 | https://www.agc.com |
| Compagnie de Saint-Gobain SA | View profile | 168508 | 12, Place de l'Iris, Tour Saint-Gobain, Courbevoie, France, 92400 | http://www.saint-gobain.com |
| Sika AG | View profile | 33547 | Zugerstrasse 50, Baar, Switzerland, 6340 | https://www.sika.com |
| Dow Inc | View profile | 35900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | https://www.dow.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
| 3M Co | View profile | 85000 | 3M Center, St. Paul, MN, United States, 55144 | https://www.3m.com |
| Johnson Controls International PLC | View profile | 102000 | One Albert Quay, Cork, Ireland, T12 X8N6 | https://www.johnsoncontrols.com |
Latin America smart building materials 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 smart building materials market will help companies and investors design strategic landscapes.
Smart glass was the largest segment with a revenue share of 33.87% in 2024. Horizon Databook has segmented the Latin America smart building materials market based on smart glass, phase-change materials, self-healing concrete, smart insulation materials covering the revenue growth of each sub-segment from 2021 to 2033.
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Target buyers of Latin America smart building materials market databook
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Our clientele includes a mix of smart building materials market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America smart building materials market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America smart building materials market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Latin America Smart Building Materials Market Outlook Share, 2024 & 2033 (US$M)
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