Argentina Timber Construction Connectors Market Size & Outlook
Argentina timber construction connectors market, 2017-2028 (US$M)
Related Markets
Argentina timber construction connectors market highlights
- The Argentina timber construction connectors market generated a revenue of USD 21.1 million in 2020 and is expected to reach USD 52.8 million by 2028.
- The Argentina market is expected to grow at a CAGR of 12.1% from 2021 to 2028.
- In terms of segment, timber to timber was the largest revenue generating product in 2020.
- Timber to Timber is the most lucrative product segment registering the fastest growth during the forecast period.
Timber construction connectors market data book summary
| Market revenue in 2020 | USD 21.1 million |
| Market revenue in 2028 | USD 52.8 million |
| Growth rate | 12.1% (CAGR from 2020 to 2028) |
| Largest segment | Timber to timber |
| Fastest growing segment | Timber to Timber |
| Historical data | 2017 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Timber to Timber, Timber to Masonry, Timber to Steel |
| Key market players worldwide | ITW Dynatec, Simpson Manufacturing Co Inc, Mitek Systems Inc, Eurotech Ltd, Globus Medical Inc Class A, Pryda Australia, TimberPlates, KNAPP AG, MTC Solutions, Taurus Group |
Other key industry trends
- In terms of revenue, Argentina accounted for 2.8% of the global timber construction connectors market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Latin America, Brazil timber construction connectors market is projected to lead the regional market in terms of revenue in 2028.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 196.7 million by 2028.
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Timber Construction Connectors Market Scope
Timber Construction Connectors Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina timber construction connectors 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 timber construction connectors market will help companies and investors design strategic landscapes.
Timber to timber was the largest segment with a revenue share of 83.41% in 2020. Horizon Databook has segmented the Argentina timber construction connectors market based on timber to timber, timber to masonry, timber to steel covering the revenue growth of each sub-segment from 2017 to 2028.
The governments of various cities in Argentina are formulating building codes to support the concept of sustainable buildings. These cities include the City of Buenos Aires, Córdoba, the Patagonian city of Neuquén, and Rosario, where tax redemption and subsidies are offered to construction companies for constructing buildings having high energy efficiency, which is expected to impact the market positively.
Residential sector in Argentina is expected to witness sluggish growth on account of high inflation resulting in a rise in land prices and construction costs. The commercial office market is witnessing a similar decline owing to the decline in business activities in the country. The aforementioned factors are anticipated to hamper the growth of wood construction in residential and commercial sectors in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina timber construction connectors market, including forecasts for subscribers. This country databook contains high-level insights into Argentina timber construction connectors market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Argentina timber construction connectors market report size, by product, 2017-2028 (US$M)
Argentina Timber Construction Connectors Market Share, 2020 & 2028 (US$M)
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