North America Building Materials Market Analysis 2025-2033: Key Players Include CEMEX, Boral, Lafarge Holcim, Dyckerhoff, Buzzi Unicem, CSR, CRH, Aditya Birla, Ambuja Cements, and USG | Intellectia.AI
North America Building Materials Market Analysis 2025-2033: Key Players Include CEMEX, Boral, Lafarge Holcim, Dyckerhoff, Buzzi Unicem, CSR, CRH, Aditya Birla, Ambuja Cements, and USG
Written by Emily J. Thompson, Senior Investment Analyst
Market Growth Forecast: The North America Building Material Market is projected to grow from $548.01 billion in 2024 to $721.93 billion by 2033, driven by urbanization, demand for eco-friendly materials, and government infrastructure investments, with a CAGR of 3.11%.
Key Growth Drivers: Major factors fueling market expansion include increased construction activities across residential, commercial, and industrial sectors, as well as a shift towards sustainable building practices and technological advancements like prefabrication.
Challenges Faced: The industry faces significant challenges such as high raw material costs and stringent environmental regulations, which can impact profitability and project timelines, particularly for smaller companies.
Recent Innovations: Notable developments include the launch of second-generation magnesium cement by S2 Technologies, which offers a durable alternative to traditional materials, addressing performance issues and supply chain challenges.
Wall Street analysts forecast CX stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CX is 11.43 USD with a low forecast of 11.10 USD and a high forecast of 12.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
Wall Street analysts forecast CX stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CX is 11.43 USD with a low forecast of 11.10 USD and a high forecast of 12.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Buy
2 Hold
0 Sell
Moderate Buy
Current: 12.990
Low
11.10
Averages
11.43
High
12.00
Current: 12.990
Low
11.10
Averages
11.43
High
12.00
BBVA
Market Perform -> Outperform
upgrade
$27.50
2026-01-09
Reason
BBVA
Price Target
$27.50
AI Analysis
2026-01-09
upgrade
Market Perform -> Outperform
Reason
BBVA upgraded Cemex to Outperform from Market Perform with a MXN 27.50 price target.
RBC Capital
Anthony Codling
Underperform -> Sector Perform
upgrade
2025-12-08
Reason
RBC Capital
Anthony Codling
Price Target
2025-12-08
upgrade
Underperform -> Sector Perform
Reason
RBC Capital analyst Anthony Codling upgraded Cemex to Sector Perform from Underperform with a price target of $11.25, up from $8.25. The firm adjusted ratings in the global building materials group as part of its 2026 outlook. RBC epacts companies who are overweight U.S. infrastructure and with self-help stories to outperform in 2026. Share outperformance will likely require acquisitions, self-help and an overweight exposure to infrastructure, the analyst tells investors in a research note. It upgraded Cemex saying the Mexican economy is stronger than expected post Liberation Day.
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Barclays
Overweight
maintain
$10 -> $12
2025-10-29
Reason
Barclays
Price Target
$10 -> $12
2025-10-29
maintain
Overweight
Reason
Barclays raised the firm's price target on Cemex to $12 from $10 and keeps an Overweight rating on the shares. Cemex reported better than expected Q3 results and further emphasized its transformation toward a "leaner, more agile company," the analyst tells investors in a research note.
Scotiabank
Outperform -> Sector Perform
downgrade
2025-10-21
Reason
Scotiabank
Price Target
2025-10-21
downgrade
Outperform -> Sector Perform
Reason
Scotiabank downgraded Cemex to Sector Perform from Outperform with a price target of $11.10, up from $10.90. The firm believes the shares are due for a "pause" following the year-to-date rally. Scotiabank does not see short-term catalysts for the stock to sustain the recent momentum. In the absence of major short-term catalysts, investors should wait for either a price correction or "get ready for the next spring's construction cycle," the analyst tells investors in a research note.
About CX
Cemex SAB de CV is a Mexico-based operating and holding company primarily engaged, directly or indirectly, through subsidiaries, in the production, distribution, marketing and sale of cement, ready-mix concrete, aggregates, clinker and other globally provided construction materials. The construction-related services supply customers and communities in over 50 countries throughout the world. The Company operates in various locations, including Mexico, the United States, Europe, South America, Central America, Caribbean, Asia, Middle East and Africa. The cement production facilities are located in Mexico, the United States, Spain, Egypt, Germany, Colombia, Poland, Dominican Republic, United Kingdom, Panama, Puerto Rico, Thailand and Nicaragua. The Company is a supplier of aggregates, primarily the crushed stone, sand and gravel, used in various forms of construction.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
