Mexico Ready Mix Concrete

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.

The Mexico Ready Mix Concrete market is set to show a growth rate of about 8.3% during the forecast period (2025-2033F). 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.

• 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.
• Based on the End Use, the market is segmented into Commercial, Industrial, Infrastructure, and Residential. Among these, Infrastructure is the largest contributor to the Mexico Ready Mix Concrete industry. The main reason behind the growth in Mexico’s ready-mix concrete market is the government’s effort in building public works and infrastructure in cities. With the help of the National Infrastructure Program and the Interoceanic Corridor, projects are growing rapidly means developers need to build with more ready-mix concrete. Furthermore, Mexico has placed a priority on upgrading its transportation routes, which means constant and reliable concrete is needed for the job. By supporting new transport projects, they support the economy and make the infrastructure sector the top purchaser of ready-mix concrete in the country.
• For a better understanding of the market adoption of Mexico Ready Mix Concrete, the market is analyzed based on its presence in regions such as Central Mexico, Northern Mexico, Western Mexico, and Others. Out of all the regions, the Central Mexico region dominated the market. 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.
• Some major players running in the market include CEMEX S.A.B. de C.V., Holcim México, GCC (Grupo Cementos de Chihuahua), Corporación Moctezuma, Cemento Cruz Azul, ODISA Concrete Equipment, CarbonCure Technologies Inc., HeidelbergCement, Con K Mex, and MASA Concretos.