Mexico gypsum plaster market is projected to grow at a CAGR of 6.2% in revenue from 2025 to 2031

Natural gypsum segment by Raw Material held the highest revenue share in Mexico Gypsum Plaster Market -6Wresearch

In 2024, the natural gypsum segment held the maximum revenue size in Mexico Gypsum Plaster Market, due to its abundant domestic availability, consistent quality, and lower processing cost compared to synthetic alternatives. Local producers benefit from established quarrying operations and logistics infrastructure, making natural gypsum more accessible and economical. Additionally, the perception of it being more eco-friendly and “pure” aligns with the increasing preference for sustainable and health-conscious building materials.

According to 6Wresearch, the Mexico gypsum plaster market is projected to grow at a CAGR of 6.2% in revenue from 2025 to 2031. The gypsum plaster market in Mexico has been experiencing steady growth, driven by the expansion of the construction sector and rapid urbanization since 2021. The government's focus on affordable housing, as seen in the 2024 Housing and Regularization Program targeting new homes, directly increased demand for gypsum plasters in residential projects. Industrial and commercial construction have also contributed, construction launches recorded in the first nine months of 2024, reflecting year-on-year rise. Urbanization trends further fueled this demand, as Mexico’s urban population reached high in 2023, necessitating denser housing and infrastructure.

In the coming years, gypsum plaster market is poised for growth, supported by Mexico’s construction boom and stricter sustainability mandates. The government’s 2025 infrastructure plans - including new industrial parks, would drive commercial and industrial demand. The housing sector remains a key driver, with affordable homes slated for construction by 2025, while urbanization is projected to intensify, with cities exceeding inhabitants by 2030.

Additionally, the growing adoption of green building certifications such as LEED and CES, along with government incentives for sustainable materials, has been driving developers to choose gypsum plaster for its environmentally friendly attributes. As green construction trends evolve and innovations such as bio-concrete and algae-based materials become more prevalent, the use of gypsum plaster is expected to rise even further. Further, government incentives, coupled with rising FDI in nearshoring-driven industrial projects, would ensure sustained demand. By 2025, Mexico’s construction sector is expected to grow by MoM, reinforcing gypsum plaster’s role as a critical material in residential, commercial, and infrastructure projects.

According to Bhawna, Assistant Manager, 6Wresearch, In 2024, the residential segment held the maximum revenue size in Mexico Gypsum Plaster Market, due to a surge in housing construction and remodeling activity. Programs such as “CONAVI” and “INFONAVIT” supported low-income housing, particularly in urban peripheries and smaller cities. Additionally, widespread use of gypsum plaster in DIY and incremental self-built homes boosted demand. affordability, ease of use, and suitability for interior finishes made it the go-to material for residential applications.

Mexico Gypsum Plaster Market (2025-2031) report provides an in-depth analysis with 13 figures and 7 tables, covered in 65 pages. The report thoroughly covers market by service model, deployment model, organization size and end user. Mexico Gypsum Plaster Market outlook report provides an unbiased and detailed analysis of the on-going Mexico Gypsum Plaster Market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.