South & Central America Thermostatic Mixers Market Report 2021-2031 by Scope, Segmentation, Dynamics, and Competitive Analysis

Description

List of Tables

The South & Central America thermostatic mixers market size is expected to reach US$ 110.10 million by 2031 from US$ 90.63 million in 2023. The market is estimated to record a CAGR of 2.5% from 2023 to 2031.

Executive Summary and South & Central America Thermostatic Mixers Market Analysis:

The thermostatic mixers market in South America is segmented into Brazil, Argentina, and the Rest of South America. In recent years, urbanization has increased significantly and contributed a large part to the region's economic growth. The growing construction industry in the region, with a growing number of residential and commercial spaces, is driving the thermostatic mixers market. The increased demand for thermostatic mixers from residential and commercial applications to control the water temperature and flow is expected to fuel the market growth during the forecast period. Due to population growth; economic growth; government investments; and demand for smart home devices such as showers, bathtubs, and other temperature-controlled washing devices-Brazil and Argentina account for most of the demand for thermostatic mixers in the region.

Despite increasing foreign trade tensions, political uncertainty, and fiscal constraints weighing on the South American economy, the construction industry is expected to grow over the forecast period. Moreover, the rise in the use of thermostatic mixers to support the global carbon emission goals by conserving water and energy is anticipated to fuel the market growth in the coming years.

South & Central America Thermostatic Mixers Market Segmentation Analysis:

Key segments that contributed to the derivation of the thermostatic mixers market analysis are mounting type, application, and design type.

Based on mounting type, the South & Central America thermostatic mixers market is bifurcated into deck mount and wall mount. The wall mount held a larger share of the market in 2023.

By application, the South & Central America thermostatic mixers market is bifurcated into residential and commercial. The commercial segment held a larger share of the market in 2023.

By design type, the South & Central America thermostatic mixers market is bifurcated into concealed and exposed. The concealed held a larger share of the market in 2023.

South & Central America Thermostatic Mixers Market Outlook

Unsafe water temperature is the major cause of injuries caused while taking a bath or shower across the globe. The average water temperature that creates pain sensations is 106° F, making it essential to maintain the temperature of water in bathing and shower applications to avoid pain sensations. Further, the rise in accidents or injuries owing to the variation in water temperature through water sources in bathing or washing applications in residential and commercial premises has increased the importance of water temperature control for safety. According to the Americans with Disabilities Act, every water source in the bathing area must have anti-scald protection. This means that the bathtub and shower must be protected from hot water entering the bathing environment. To control the water temperature as desired, there is an increased installation of thermostatic mixers, which ensure the precise water temperature and regulate the flow. Thus, the rising importance of temperature control for safety boosts the thermostatic mixer market growth.

South & Central America Thermostatic Mixers Market Country Insights

Based on country, the South & Central America thermostatic mixers market comprises Brazil, Argentina, and the Rest of South & Central America. Brazil held the largest share in 2023.

The construction sector in Brazil is experiencing fluctuating growth in its construction production. In addition, Brazil experienced significant growth in construction activity and investment. Brazil's construction GDP was approximately US$ 3,251.54 million in the fourth quarter of 2023, compared to US$ 3,211.99 million in the third quarter of 2023. The demand for thermostatic mixers in the country is mainly driven by residential and commercial building expansion projects, including airport building expansion, corporate complex expansion, and residential construction. In addition, the key factors fueling the growth of the commercial sector during the forecast period include investments in football stadiums, commercial offices, and data center projects. Moreover, investments in the healthcare & education sectors will boost the growth of the institutional construction sector, which in turn is expected to fuel the demand for thermostatic mixers during the forecast period.

The government's initiatives to minimize the country's housing deficit and guarantee its citizens the right to affordable housing will support the growth of the housing sector in the coming years. For instance, the new national housing program "My House, My Life," launched in 2023 under the leadership of the National Housing Secretariat (SNH) of the Brazilian Ministry of Urban Affairs, addresses these two challenges. The aim is to increase the number of newly built houses, improve existing housing, and strengthen institutions, which is expected to boost the thermostatic mixer market growth in Brazil during the forecast period.

South & Central America Thermostatic Mixers Market Company Profiles

Some of the key players operating in the market include Hansgrohe SE, Jaquar Group, Kohler Co, Lixil Corp, and Roca Group among others. These players are adopting various strategies such as expansion, product innovation, and mergers and acquisitions to provide innovative products to their consumers and increase their market share.

South & Central America Thermostatic Mixers Market Research Methodology :

The following methodology has been followed for the collection and analysis of data presented in this report:

Secondary Research The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:

Company websites , annual reports, financial statements, broker analyses, and investor presentations. Industry trade journals and other relevant publications. Government documents , statistical databases, and market reports. News articles , press releases, and webcasts specific to companies operating in the market. Note: All financial data included in the Company Profiles section has been standardized to USD. For companies reporting in other currencies, figures have been converted to USD using the relevant exchange rates for the corresponding year.

Primary Research The Insight Partners' conducts a significant number of primary interviews each year with industry stakeholders and experts to validate its data analysis, and gain valuable insights. These research interviews are designed to:

Validate and refine findings from secondary research. Enhance the expertise and market understanding of the analysis team. Gain insights into market size, trends, growth patterns, competitive dynamics, and future prospects. Primary research is conducted via email interactions and telephone interviews, encompassing various markets, categories, segments, and sub-segments across different regions. Participants typically include:

Industry stakeholders : Vice Presidents, business development managers, market intelligence managers, and national sales managers External experts : Valuation specialists, research analysts, and key opinion leaders with industry-specific expertise

Product Code: BMIRE00031779

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:

4. South & Central America Thermostatic Mixers Market Landscape

4.1 Overview
4.2 Ecosystem Analysis
- 4.2.1 Raw Material Suppliers:
- 4.2.2 Component Manufacturers:
- 4.2.3 Thermostatic Mixer Manufacturers:
- 4.2.4 End Users:

5. South & Central America South & Central America Thermostatic Mixers Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Growing Focus on Water and Energy Conservation
- 5.1.2 Rising Importance of Temperature Control for Safety
5.2 Market Restraints
- 5.2.1 High Installation and Maintenance Costs and Stringent Environmental Regulations & Safety Standards
5.3 Market Opportunities
- 5.3.1 Launch of Technologically Advanced and Premium Thermostatic Mixers
5.4 Future Trends
- 5.4.1 Growing Popularity of Luxury Products and Home Renovation Projects
5.5 Impact of Drivers and Restraints:

6. Thermostatic Mixers Market - South & Central America Market Analysis

6.1 South & Central America Thermostatic Mixers Market Revenue (US$ Million), 2021-2031
6.2 South & Central America Thermostatic Mixers Market Forecast Analysis

7. South & Central America Thermostatic Mixers Market Analysis - by Mounting Type

7.1 Deck Mount
- 7.1.1 Overview
- 7.1.2 Deck Mount: South & Central America Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
7.2 Wall Mount
- 7.2.1 Overview
- 7.2.2 Wall Mount: South & Central America Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)

8. South & Central America Thermostatic Mixers Market Analysis - by Application

8.1 Residential
- 8.1.1 Overview
- 8.1.2 Residential: South & Central America Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
8.2 Commercial
- 8.2.1 Overview
- 8.2.2 Commercial: South & Central America Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)

9. South & Central America Thermostatic Mixers Market Analysis - by Design Type

9.1 Concealed
- 9.1.1 Overview
- 9.1.2 Concealed: South & Central America Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
9.2 Exposed
- 9.2.1 Overview
- 9.2.2 Exposed: South & Central America Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)

10. South & Central America Thermostatic Mixers Market - Country Analysis

10.1 South & Central America
- 10.1.1 South & Central America Thermostatic Mixers Market - Revenue and Forecast Analysis - by Country
  - 10.1.1.1 South & Central America Thermostatic Mixers Market - Revenue and Forecast Analysis - by Country
  - 10.1.1.2 Brazil: South & Central America Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.1.2.1 Brazil: South & Central America Thermostatic Mixers Market Breakdown, by Mounting Type
    - 10.1.1.2.2 Brazil: South & Central America Thermostatic Mixers Market Breakdown, by Application
    - 10.1.1.2.3 Brazil: South & Central America Thermostatic Mixers Market Breakdown, by Design Type
  - 10.1.1.3 Argentina: South & Central America Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.1.3.1 Argentina: South & Central America Thermostatic Mixers Market Breakdown, by Mounting Type
    - 10.1.1.3.2 Argentina: South & Central America Thermostatic Mixers Market Breakdown, by Application
    - 10.1.1.3.3 Argentina: South & Central America Thermostatic Mixers Market Breakdown, by Design Type
  - 10.1.1.4 Rest of South & Central America Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.1.4.1 Rest of South & Central America Thermostatic Mixers Market Breakdown, by Mounting Type
    - 10.1.1.4.2 Rest of South & Central America Thermostatic Mixers Market Breakdown, by Application
    - 10.1.1.4.3 Rest of South & Central America Thermostatic Mixers Market Breakdown, by Design Type

11. Competitive Landscape

11.1 Heat Map Analysis by Key Players
11.2 Company Positioning & Concentration

12. Industry Landscape

12.1 Overview
12.2 Market Initiative
12.3 New Product Development
12.4 Merger and Acquisition

13. Company Profiles

13.1 Hansgrohe SE
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 Lixil Corp
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 Roca Group
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
13.4 Jaquar Group
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
13.5 Kohler Co
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments

14. Appendix

14.1 About The Insight Partners