Mexico Gypsum Plaster Market (2025-2031) | Value, Size, Industry, Forecast, Growth, Companies, Trends, Analysis, Share, Revenue & COVID-19 IMPACT

Topics Covered in Mexico Gypsum Plaster Market Report

Mexico Gypsum Plaster Market Report thoroughly covers the market by plaster system, by raw material and by end-use. Mexico Gypsum Plaster Market Outlook report provides an unbiased and detailed analysis of the ongoing Mexico Gypsum Plaster Market trends, opportunities/high growth areas, and market drivers. This would help stakeholders devise and align their market strategies according to the current and future market dynamics.

Mexico Gypsum Plaster Market Synopsis

Mexico gypsum plaster market witnessed growth from 2021 to 2024, driven by by rapid urbanization, rising disposable incomes, and a booming construction sector. During this period, Mexico's urban population has expanded steadily, reaching more population by 2023, which fueled demand for residential and commercial spaces. The construction sector demonstrated robust performance, with quarter-on-quarter GDP growth in Q2 2024 and year-on-year increase in building activity from January to September 2024.

Residential construction has been particularly strong, supported by government initiatives such as affordable homes target (2024-2030) and private investments such as the IFC's funding for sustainable housing projects in 2024. Commercial construction also rebounded, growing in 2022, with industrial parks, offices, and retail spaces driving demand for gypsum plasters due to its smooth finish and fire-resistant properties. Sustainability trends further accelerated market growth, as Mexico ranked globally for LEED-certified spaces in 2024, highlighting the preference for eco-friendly materials such as gypsum plaster.

Additionally, Mexico’s gypsum plaster market has also been benefiting from structural shifts in the healthcare sector. The country’s expanding medical tourism industry - driven by American dental tourists annually and a dental care market since 2022 – fueled the demand for gypsum-based dental molds and smooth, hygienic clinic interiors. Simultaneously, the sharp rise in road-related injuries - marked an increase in motorcyclist deaths and a surge in injuries between 2019 and 2022 - drove the need for orthopedic-grade gypsum products such as medical casts and immobilization supports. These combined trends reinforced the healthcare segment’s contribution to gypsum plaster demand.

According to 6Wresearch, the Mexico gypsum plaster market is projected to grow at a CAGR of 6.2% in revenue from 2025 to 2031, driven by continued urbanization, government infrastructure plans, and green building initiatives. The urban population is projected to reach more by 2030, with households transitioning into the middle class, further boosting demand for homeownership and interior improvements. The government's 2025 infrastructure agenda, including new industrial parks, would drive residential and commercial construction, while sustainability mandates and certifications such as LEED and CES would reinforce the adoption of gypsum plasters.

The construction sector is expected to grow by month-on-month in 2025, with commercial projects such as Yokohama's Saltillo plant and LGMG's Nuevo León facility contributing to demand. Additionally, the rise of nearshoring and foreign investments would sustain industrial growth, requiring extensive plasterwork for new facilities. With these trends, the gypsum plaster market is set to thrive, supported by Mexico's construction boom, urbanization, and the shift toward sustainable and efficient building materials.

Market Segmentation By Plaster System

Manually-applied plaster is expected to retain its dominant share in 2031 due to the vast number of small-to-medium-scale residential projects across peri-urban and rural areas. Local construction practices would remain deeply rooted in manual techniques, supported by readily available labor and minimal need for equipment investment.

However, the machine-applied plaster segment is projected to grow rapidly during 2025-2031, driven by the increasing adoption of modern construction technologies in urban developments. Government-backed housing schemes and mixed-use high-rise projects would further encourage the use of time-saving methods, accelerating the penetration of machine-based systems in both public and private sector builds.

Market Segmentation By Raw Material

Natural gypsum is expected to maintain its lead in market revenue share by 2031, as domestic suppliers benefit from reduced input costs and established supply chains, enabling competitive pricing. As public infrastructure programs and residential developments continue to rely on reliable bulk material sourcing, natural gypsum would remain the preferred option for consistent volume delivery and structural compatibility.

However, synthetic gypsum is poised for the fastest growth during 2025-2031 as environmental regulations and industrial waste reuse practices become more mainstream.

Market Segmentation By End-Use

The residential segment is expected to maintain its lead in market revenue size in 2031, due to the country’s growing population, changing household structures, and rising demand for energy-efficient housing. Increasing vertical development in cities such as Puebla, Querétaro, and Tijuana would further contribute to the use of gypsum plaster in high-density apartment complexes.

However, non-residential segment is poised for the fastest growth during 2025-2031, driven by a surge in commercial construction, particularly shopping centers, hospitals, schools, and office buildings.

Key Attractiveness of the Report

• 10 Years Market Numbers.
• Historical Data Starting from 2021 to 2024
• Base Year: 2024
• Forecast Data until 2031
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Mexico Gypsum Plaster Market Overview
• Mexico Gypsum Plaster Market Outlook
• Mexico Gypsum Plaster Market Forecast
• Historical Data and Forecast of Mexico Gypsum Plaster Market Revenues for the Period 2021-2031F
• Historical Data and Forecast of Mexico Gypsum Plaster Market Revenues, By Plaster System, for the Period 2021-2031F
• Historical Data and Forecast of Mexico Gypsum Plaster Market Revenues, By Raw Material, for the Period 2021-2031F
• Historical Data and Forecast of Mexico Gypsum Plaster Market Revenues, By End-Use, for the Period 2021-2031F
• Mexico Gypsum Plaster Market Drivers and Restraints
• Industry Life Cycle
• Porter’s Five Force Analysis
• Mexico Gypsum Plaster Market Trends & Evolution
• Market Opportunity Assessment
• Mexico Gypsum Plaster Market Revenue Ranking, By Top 3 Companies
• Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Plaster System

• Manually-Applied Plaster
• Machine-Applied Plaster
• Finishes

By Raw Material

• Natural Gypsum
• Synthetic Gypsum

By End-Use

• Residential
• Non-Residential