Mexico Biopharma Plastics Market Size & Outlook, 2025-2030

The biopharma plastics market in Mexico is expected to reach a projected revenue of US$ 735.8 million by 2030. A compound annual growth rate of 11% is expected of Mexico biopharma plastics market from 2025 to 2030.
Revenue, 2024 (US$M)
$393.5
Forecast, 2030 (US$M)
$735.8
CAGR, 2025 - 2030
11%
Report Coverage
Mexico

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Mexico biopharma plastics market, 2019-2030 (US$M)

Mexico biopharma plastics market, 2019-2030 (US$M)

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Mexico biopharma plastics market highlights

  • The Mexico biopharma plastics market generated a revenue of USD 320.2 million in 2022 and is expected to reach USD 735.8 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 11% from 2023 to 2030.
  • In terms of segment, polyvinyl chloride (pvc) was the largest revenue generating polymer type in 2022.
  • Polypropylene (PP) is the most lucrative polymer type segment registering the fastest growth during the forecast period.


Biopharma plastics market data book summary

Market revenue in 2022USD 320.2 million
Market revenue in 2030USD 735.8 million
Growth rate11% (CAGR from 2022 to 2030)
Largest segmentPolyvinyl chloride (pvc)
Fastest growing segmentPolypropylene (PP)
Historical data2019 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPolyethylene (PE), Polypropylene (PP), Acrylonitrile Butadiene Styrene (ABS), Polyethylene Terephthalate (PET), Polyvinyl Chloride (PVC), Polytetrafluoroethylene (PTFE), Polycarbonate (PC), Other
Key market players worldwideBasf SE, LyondellBasell Industries NV Class A, SABIC, LG Chem, Toray Industries Inc, Solvay SA, Dow Inc, DuPont de Nemours Inc, Compagnie de Saint-Gobain SA, Tekni-Plex, Chevron Corp, Exxon Mobil Corp, Covestro AG, Teijin Ltd, Mitsui Chemicals Inc, Formosa Plastics Group, CHIMEI


Other key industry trends

  • In terms of revenue, Mexico accounted for 6.7% of the global biopharma plastics market in 2022.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. biopharma plastics market is projected to lead the regional market in terms of revenue in 2030.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 1,103.9 million by 2030.

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Biopharma Plastics Market Companies

Name Profile # Employees HQ Website
CHIMEI View profile 101-250 Tainan, T'ai-wan, Taiwan, Asia https://www.chimei.com.tw
Formosa Plastics Group View profile 1001-5000 Taipei, T'ai-pei, Taiwan, Asia https://www.fpg.com.tw/
Tekni-Plex View profile 1001-5000 King Of Prussia, Pennsylvania, United States, North America http://www.tekni-plex.com
SABIC View profile 10001+ Riyadh, Ar Riyad, Saudi Arabia, Asia http://www.sabic.com
Solvay SA View profile 9000 Rue De Ransbeek, 310, Brussels, Belgium, B-1120 https://www.solvay.com
Mitsui Chemicals Inc View profile 18933 1-5-2, Higashi-Shimbashi, Shiodome City Center, Minato-ku, Tokyo, Japan, 105-7122 http://group.mitsuichemicals.com
LG Chem View profile 10001+ Seoul, Seoul-t'ukpyolsi, South Korea, Asia https://www.lgchem.com
Teijin Ltd View profile 24499 6-7, Minami Hommachi 1-chome, Chuo-ku, Osaka, Japan, 541-8587 http://www.teijin.co.jp
Toray Industries Inc View profile 48682 Nihonbashi Mitsui Tower 2-1-1, Nihonbashi Muromach, Chuo-ku, Tokyo, Japan, 103-8666 http://www.toray.co.jp
DuPont de Nemours Inc View profile 24000 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 https://www.dupont.com
Compagnie de Saint-Gobain SA View profile 168508 12, Place de l'Iris, Tour Saint-Gobain, Courbevoie, France, 92400 http://www.saint-gobain.com
Chevron Corp View profile 45600 6001 Bollinger Canyon Road, San Ramon, CA, United States, 94583-2324 https://www.chevron.com
Exxon Mobil Corp View profile 61500 22777 Springwoods Village Parkway, Spring, TX, United States, 77389-1425 https://www.exxonmobil.com
LyondellBasell Industries NV Class A View profile 20000 One Vine Street, 4th Floor, London, United Kingdom, W1J0AH https://www.lyondellbasell.com
Covestro AG View profile 17520 Kaiser-Wilhelm-Allee 60, Leverkusen, NW, Germany, 51373 https://www.covestro.com/en
Dow Inc View profile 35900 2211 H.H. Dow Way, Midland, MI, United States, 48674 https://www.dow.com
Basf SE View profile 111855 Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 https://www.basf.com

Mexico biopharma plastics market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biopharma plastics market will help companies and investors design strategic landscapes.


Polyvinyl chloride (pvc) was the largest segment with a revenue share of 21.92% in 2024. Horizon Databook has segmented the Mexico biopharma plastics market based on polyethylene (pe), polypropylene (pp), acrylonitrile butadiene styrene (abs), polyethylene terephthalate (pet), polyvinyl chloride (pvc), polytetrafluoroethylene (ptfe), polycarbonate (pc), other covering the revenue growth of each sub-segment from 2019 to 2030.


The demand for biopharma plastic-based medical products is expected to rise in Mexico from 2022 to 2030 owing to the prevalence of unhealthy lifestyle among the masses, along with the rising geriatric population base in the country.

Mexico is one of the largest consumers of sugary drinks in the world. This has resulted in surged cases of diabetes in the country. An increase in blood viscosity in diabetic patients due to the consumption of sugary drinks increases the risk of cardiovascular complications and other health issues in them.

Additionally, the changing lifestyle of the masses and the increasing consumption of fast food in Mexico are further expected to exacerbate health issues among consumers. This is anticipated to fuel the demand for biopharma plastic-based depth filters, disposable connectors, containers, syringes, and valves in the country, thereby leading to the growth of biopharma plastics market in Mexico from 2022 to 2030.

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Target buyers of Mexico biopharma plastics market databook

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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico biopharma plastics market , including forecasts for subscribers. This country databook contains high-level insights into Mexico biopharma plastics market from 2019 to 2030, including revenue numbers, major trends, and company profiles.

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Mexico biopharma plastics market size, by polymer type, 2019-2030 (US$M)

Mexico Biopharma Plastics Market Outlook Share, 2024 & 2030 (US$M)

Mexico biopharma plastics market size, by polymer type, 2019-2030 (US$M)

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