Project Insight - Industrial Construction Projects: The Americas

Published: January 2018
No. of Pages: 22
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Although the US is the dominant global consumer market, the Americas does not dominate the industrial construction projects market, with only 43% of the value of the Asia-Pacific industrial construction projects market. Year on year industrial production in the US has risen 2.9% in the 12 months up to October 2017. Brazil, the driver for the Latin American economies, posted growth in industrial production of 5.3% year-on-year in October 2017, which was above market expectations.

This report provides detailed analysis, information and insights based on 1,157 CIC projects in the Americas, including detailed metrics on the region's industrial construction projects (as tracked by CIC) split by country and value and by six types of project including manufacturing plants, metals and materials production and processing and chemical and pharmaceutical plants. Country profiles are provided for the top 10 countries including the US, Brazil and Canada.

Timetric’s Construction Intelligence Center (CIC) is currently tracking industrial construction projects in the Americas with a total value of US$487.0 billion. Of this, US$243.3 billion is in the planning stage.

The US accounts for the highest value with US$305.9 billion, followed by Brazil with projects valuing US$71.4 billion. Canada and Mexico follow with projects with a value of US$34.4 billion and US$16.6 billion respectively.

The Americas highest project investment is in chemical and pharmaceutical plants with a value of US$171.0 billion followed by manufacturing plants with a value of US$144.7 billion.

The largest projects currently in the pipeline are the US$16.4 billion Taiwanese-financed Microchip Fabrication Plant and the US$11.0 billion MOX Fuel Fabrication Facility both in the US.

The report provides analysis based on CIC projects showing total project values for the Americas and analysis by stage and funding for the top 10 countries.

The top 50 projects are listed for the region giving country, stage, value and type of industrial construction. Values by six types of project categories are given including chemical and pharmaceutical plants, and manufacturing plants.

Ranked listings of the top participants for the sector are also provided showing the leading contractors, consulting engineers and project owners.

Reasons To Buy
• Gain insight and see forecasts for the industrial construction sector.
• Assess all major projects by value, start date, scope and stage of development for the region and top 10 countries to support business development activities.
• Plan campaigns by country based on specific project opportunities and align resources to the most attractive markets.

Key Highlights
• The highest value of projects are at the planning stage, with US$243.3 billion, followed by projects at the execution stage with US$167.1 billion.
• Projects in the pre-execution stage amount to US$40.7 billion, while projects in the pre-planning stage account for US$35.9 billion.
• The US accounts for highest value of industrial projects with US$305.9 billion.
• Private investment is responsible for funding the highest proportion of projects, with 90%, with joint public/private funding at 6% and only 4% of projects financed by public funding.
• Assuming all projects tracked go ahead as planned, annual spending on the projects would reach US$123.2 billion in 2019.
• The top contractor in the region is Tecnicas Reunidas SA based in Spain followed by Technip SA based in France."

Published By: Timetric
Product Code: Timetric2886

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