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The Street
The Street
By PR Newswire CHICAGO, Dec. 22, 2021 /PRNewswire/ — The Latin America construction equipment market by volume is expected to grow at a CAGR of over 4.75% during the period 2021−2027. Key Highlights Offered in the Report: The Latin America construction equipment market is likely to reach USD 5.06 billion by 2027.In 2020, most construction activities were halted due to reduced funds, inflated prices of raw material caused due to supply chain disruption. This resulted in delay in project completion and decline in construction output of the region.The drop in global oil prices adversely impacted…