IMARC Group has recently released a new research study titled “Mexico Cement Market Size, Share, Trends and Forecast by Type, End-Use, and Region, 2025-2033”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
MARKET OVERVIEW
The Mexico cement market size reached USD 6,111.45 Million in 2024. It is expected to grow at a CAGR of 5.22% during the forecast period 2025-2033, reaching USD 9,570.63 Million by 2033. The market growth is supported by urbanization, government infrastructure projects, and sustainability trends that propel constant cement demand from both public and private sectors in Mexico.
STUDY ASSUMPTION YEARS
● Base Year: 2024
● Historical Year/Period: 2019-2024
● Forecast Year/Period: 2025-2033
MEXICO CEMENT MARKET KEY TAKEAWAYS
● Current Market Size: USD 6,111.45 Million in 2024
● CAGR: 5.22% (2025-2033)
● Forecast Period: 2025-2033
● Over 57% of Mexican homes are built or enlarged by homeowners themselves using largely bagged cement, sustaining demand.
● Government infrastructure projects such as railways, highways, airports, and housing programs significantly drive cement consumption.
● Manufacturers are adopting eco-friendly technologies like ECOPlanet, ECOCycle, and ECOPact, reducing carbon emissions notably.
● Urbanization and expanding middle class further fuel demand for residential, commercial, and public infrastructure.
● Technological advances improve operational efficiencies and promote sustainable manufacturing practices.
Sample Request Link: [https://www.imarcgroup.com/mexico-cement-market/requestsample]
MARKET GROWTH FACTORS
Urbanization and economic growth in Mexico are increasing demand for cement for housing, commercial, industrial, and infrastructure applications. More than 57% of housing in Mexico is built or expanded by homeowners with bagged cement. In addition to this culture of self-construction, housing demand also comes from the growing middle class, which invests in residential property development or refurbishing. Demand from urbanization also influences the market through the need for hospitals and transport. As a result, there is a varied and constant demand for cement.
The government develops railways, roads, airports and seaports to stimulate economic growth. These infrastructure projects require large amounts of cement, and are a large driver of demand. Federal and local housing programs for low-income households, and pro-growth policies that promote infrastructure and transportation-related investment in public-private partnerships, also provide steady demand throughout downturns. These state-sponsored initiatives can act as a good base for the development of the use of cement in international/private sector.
Environmentalists worry and technology advances in cement production so cement producers adopt cement with less carbon, produce energy efficiently and comply with international and national environmental legislation for maintained competitiveness. In 2024, 1.7 million tons of CO₂ emissions were avoided by Holcim Mexico's ECOPlanet, ECOCycle, and ECOPact technology and power was supplied to 355,000 houses. Automation and real-time monitoring help to make improvements to efficiency and make logistics reliable. As people grow more aware of green building, they demand greener cements, and the Mexican industry innovates.
MARKET SEGMENTATION
Type Insights:
● Blended: Includes blended cement types combining various materials for improved characteristics and sustainability.
● Portland: Standard Portland cement widely used in construction.
● Others: Comprises other cement types beyond blended and Portland categories.
End-Use Insights:
● Residential: Cement consumption for house building and residential projects, significantly influenced by self-build culture.
● Commercial: Cement used in commercial buildings and facilities.
● Infrastructure: Cement demand driven by public infrastructure projects such as roads, airports, and utilities.
Regional Insights:
● Northern Mexico: Important regional market segment.
● Central Mexico: Includes major urban and industrial zones.
● Southern Mexico: Includes developing regions with growing infrastructure needs.
● Others: Other geographic regions within Mexico.
REGIONAL INSIGHTS
The report identifies Northern Mexico, Central Mexico, Southern Mexico, and Others as major regions. Specific statistics on dominant region market share or CAGR are not provided in the source. These regions collectively support the broad-based demand driven by urbanization and infrastructure development across Mexico.
RECENT DEVELOPMENTS & NEWS
In September 2024, Cemex launched a new water-repellent cement under its Vertua brand at the Construrama Convention. This innovative cement combats dampness and moisture-related issues in construction projects. Ricardo Naya, Cemex Mexico’s president, highlighted that the product mixes like standard grey cement but with built-in moisture resistance offering enhanced protection and a smoother finish. This all-in-one solution addresses common humidity challenges at construction sites in Mexico.
KEY PLAYERS
● Cemex
● Not provided in source (Only Cemex explicitly mentioned in the news section; other company profiles are said to be included but not listed in text)
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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