Argentina Pozzolan Market Outlook

The outlook for the argentinian pozzolan market over the next 14 years is expected to be highly promising. domestic consumption of pozzolan is expected to rise considerably as the country continues to focus on infrastructure investment, with additional plans to increase investment in renewables, water and waste management, and transport. demand in the argentinian pozzolan market has been steadily increasing since 2013. in 2018, demand was estimated to be around 2.4 million tonnes and this is forecast to grow further to over 3 million tonnes by 2023, reflecting a steady cagr of 6.2%. this is largely driven by increasing demand for infrastructure, which is being spurred by government plans to invest heavily in renewable energy, water and waste management, and transport. the government has also implemented reforms to ease financing conditions for these projects, creating an additional incentive. in terms of imports, the leading source of pozzolan for argentina is mexico, with a share of 57.3% in 2018. guatemala, paraguay, peru, and uruguay are the other main importing countries. mexico's proximity to argentina and its well-developed infrastructure mean that it is able to rapidly distribute imported pozzolans. the growth of the argentinean pozzolan market is also driven by an uptick in production of concrete aggregate over the past few years. the expansion of this sector has been spurred by strong demand from residential and commercial construction projects, as well as infrastructure investment from the government. the outlook for the argentinian pozzolan market in the coming years is very positive. demand is forecast to continue to grow, and imports are likely to remain necessary to meet the country’s growing needs. the rise in construction activity throughout the country, coupled with the government’s commitment to renewable energy and efficient infrastructure, will likely keep the pozzolan market buoyant over the next 14 years.