Mexico Ready Mix Concrete Market Seen Soaring ~8.3% Growth to Reach USD Million by 2033, Projects UnivDatos

Key Highlights of the Report:

• Largest Segment by Application: The Infrastructure segment is the biggest as it is boosted by government projects such as highway and railway development.

• Leading Regional Market: Central Mexico is the leading regional market since it has a high population, a lot of construction happening, and big hubs such as Mexico City.

• Market Drivers: Rapid changes in urban settings, funds from the government for new infrastructure, a greater need for sustainable construction and more houses and offices are helping this industry.

• Recent Developments: In Q1 2024, Cemex reported growth of 20% in Mexico and shared its intentions to raise the 2024 financial growth forecast.

According to a new report by UnivDatos, The Mexico Ready Mix Concrete Market is expected to reach USD million in 2033 by growing at a CAGR of 8.3% during the forecast period (2025- 2033F). This market in Mexico is important in the country’s building industry, since it provides pre-mixed concrete in large amounts for immediate use on construction sites. The market serves the needs of residential areas, businesses, industries, and vast infrastructure development. Today, nearly 80% of Mexicans live in cities, creating an overwhelming demand for housing, offices, and public facilities. Mexico City, Monterrey, Guadalajara, and Querétaro have experienced growth in construction of over 6% each year, so their demand for ready-mix concrete is rising. Under the National Infrastructure Plan 2020-2030, the government has scheduled to spend USD 150 billion on transportation, water, and social infrastructure projects. Growth in the Bajío corridor’s auto and air industry clusters has made it necessary to have more ready-mix concrete of high quality. Specific environmental regulations and advances in concrete manufacturing and technologies have led to an even better and greener market.

On July 3, 2022, CEMEX, S.A.B. de C.V. announced the reactivation of the second kiln at its CPN cement plant in northwest Mexico, following the successful restart of the first kiln in 2021. This strategic move aims to leverage CEMEX’s extensive regional trading network to address the increasing cement demand across the western United States. Once fully operational, the recommissioned kiln is projected to supply nearly 800,000 additional metric tons of cement to customers in Arizona, California, and Nevada. The company is investing US$29 million to bring the second kiln online at its Sonora, Mexico facility, with operations expected to commence by the third quarter of 2022. This investment builds upon a prior US$15 million capital expenditure in 2021 dedicated to restarting the first kiln, underscoring CEMEX’s commitment to strengthening its supply capabilities in the region.

For the future, infrastructure and transit mixed concrete will be the fastest-growing sections of the Mexico Ready-Mix Concrete Market. Almost all demand is centered around infrastructure, because projects such as the Tren Maya railway transport require over USD 30 billion in funding. Improvements to Mexico City’s metro and main highways will also increase demand in the market. The market will become more competitive and produce high-quality products as people use technology for automation, digitizing the supply chain, and new types of admixtures. There will be increased demand for ready-mix concrete, especially in Central and Northern regions, which will cause the business to grow in the coming years.

Segments that transform the industry

Based on Product, the market is segmented into Central Mixed, Shrink Mixed, and Transit Mixed. Among these, the Transit Mixed segment is leading the market. The Transit Mixed segment expands mostly due to serving Mexico’s quickly developing cities and buildings. Due to the fast growth in Central and Northern Mexico, greater volumes of concrete have to be brought into tight places promptly. After mixing during transportation, the concrete is fresh and helps ensure quality on the construction site. Moreover, since fewer machinery and workers are needed, this method is more affordable for builders. Money put into commercial and infrastructure projects is also valuable for this division, given that efficient and convenient logistics are vital for applying transit mixed solutions in construction.

According to the report, the impact of Ready Mix Concrete has been identified to be high for the Central Mexico area:

Central Mexico is the biggest and most active region contributing to the growth of the Mexico Ready-Mix Concrete Market. Among the areas included are Mexico City, Puebla, Querétaro, and Guanajuato, which are becoming populous and seeing a boom in industry. There is a significant increase in demand for ready-mix concrete thanks to the development of infrastructure in North America. In addition, the location of Central Mexico and its excellent logistics make delivering concrete easier and allow for large-scale consumption. The industry in Central Mexico continues to generate the largest revenue in Mexico because of the government’s and private investors’ efforts to grow transportation and industrial infrastructure.

Key Offerings of the Report

Market Size, Trends, & Forecast by Revenue | 2025−2033.

Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities

Market Segmentation – A detailed analysis by Product, by End Use, by Region

Competitive Landscape – Top Key Vendors and Other Prominent Vendors