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Report Overview

The Mexico cement market size reached around 47.42 MMT in 2025. The market is projected to grow at a CAGR of 1.10% between 2026 and 2035, reaching almost 52.90 MMT by 2035.

2025

Base Year

2019-2025

Historical Period

2026-2035

Forecast Period

  • Mexico produced 44 metric tonnes of cement for domestic use in 2022.

  • Mexico exported 2 million metric tonnes of cement across borders in 2022.

  • Non-residential construction is expected to constitute a major portion of the Mexico cement market share.

Compound Annual Growth Rate

1.1%

Value in MMT

2026-2035


*this image is indicative*

Cement exports constitute an important portion of Mexico’s trade with foreign nations. In 2022, Mexico earned $272 million in foreign exchange reserves by exporting cement to the USA ($254 million), Belize ($3.13 million), Guatemala ($5.77 million),  Brazil ($1.57 million), and Nicaragua ($2.78 million).

The expansion of the construction industry in Mexico is also expected to impact the cement market favourably. The development of industrial parks due to increasing nearshoring of business operations by American firms is expected to drive the demand for strong buildings, resulting in substantial Mexico cement market growth.

In the forecast period, the rising residential construction, the introduction of government initiatives aimed at promoting infrastructural development, and rapid economic growth are expected to positively impact the Mexico market for cement.

Increasing innovations by key players are driving the Mexico cement market growth. With the growing focus on enhancing the sustainability of the construction sector, rapid urbanisation, and innovations in the construction sector, key players are attempting to develop cement with reduced carbon emissions. In February 2024, Holcim Mexico announced an investment of USD 55 million at a grinding facility at its cement plant in Macuspana, Tabasco. It is Mexico’s first plant to manufacture cement with calcinated clay, significantly lowering carbon emissions.

Market Segmentation

"Mexico Cement Market Report and Forecast 2026-2035" offers a detailed analysis of the market based on the following segments:

Market Breakup by Product

  • Blended
  • Portland
  • Others

Market Breakup by End Use

  • Residential
  • Non-residential

Market Breakup by Region

  • Baja California
  • Northern Mexico
  • The Bajío
  • Central Mexico
  • Pacific Coast
  • Yucatan Peninsula

Competitive Landscape

The key Mexico cement market players are:

  • Cemex, S.A.B. de C.V.
  • Moctezuma Corporation
  • GCC, S.A.B. de C.V.
  • Buzzi S.p.A.
  • Holcim Ltd.
  • FORTALEZA MATERIALES, SAB DE CV
  • Cooperativa La Cruz Azul
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market was sized at nearly 47.42 MMT in 2025.

The market is projected to grow at a CAGR of 1.10% between 2026 and 2035.

The market is assessed to witness a healthy growth in the forecast period to reach around 52.90 MMT in 2035.

The different products in the market include blended and Portland, among others.

The different end uses of cement are residential and non-residential.

The major regions in the market include Baja California, Northern Mexico, The Bajío, Central Mexico, Pacific Coast, and Yucatan Peninsula.

The key market players are Cemex, S.A.B. de C.V., Moctezuma Corporation, GCC, S.A.B. de C.V., Buzzi S.p.A., Holcim Ltd., FORTALEZA MATERIALES, SAB DE CV, and Cooperativa La Cruz Azul, among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2025
Historical Period 2019-2025
Forecast Period 2026-2035
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • End Use
  • Region
Breakup by Product
  • Blended
  • Portland
  • Others
Breakup by End Use
  • Residential
  • Non-residential
Breakup by Region
  • Baja California
  • Northern Mexico
  • The Bajío
  • Central Mexico
  • Pacific Coast
  • Yucatan Peninsula
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Cemex, S.A.B. de C.V.
  • Moctezuma Corporation
  • GCC, S.A.B. de C.V.
  • Buzzi S.p.A.
  • Holcim Ltd.
  • FORTALEZA MATERIALES, SAB DE CV
  • Cooperativa La Cruz Azul
  • Others

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