Mexico Aerospace Plastics Market Size & Outlook, 2023-2030
Mexico aerospace plastics market, 2019-2030 (US$M)
Related Markets
Mexico aerospace plastics market highlights
- The Mexico aerospace plastics market generated a revenue of USD 451.6 million in 2023 and is expected to reach USD 854.9 million by 2030.
- The Mexico market is expected to grow at a CAGR of 9.5% from 2024 to 2030.
- In terms of segment, polyetheretherketone (peek) was the largest revenue generating product in 2023.
- Polyetheretherketone (PEEK) is the most lucrative product segment registering the fastest growth during the forecast period.
Aerospace plastics market data book summary
| Market revenue in 2023 | USD 451.6 million |
| Market revenue in 2030 | USD 854.9 million |
| Growth rate | 9.5% (CAGR from 2023 to 2030) |
| Largest segment | Polyetheretherketone (peek) |
| Fastest growing segment | Polyetheretherketone (PEEK) |
| Historical data | 2019 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyetheretherketone (PEEK), Polyphenylsulfone (PPSU), Polycarbonate (PC), Polyetherimide (PEI), Polymethyl Methacrylate (PMMA), Polyamide (PA), PolyPhenyleneSulfide (PPS), Polyamide-imide (PAI), Polyphenylene ether (PPE), Polyurethane (PU), Other Product |
| Key market players worldwide | Victrex PLC, SABIC, Solvay SA, Basf SE, Evonik Industries AG, Toray Industries Inc, Compagnie de Saint-Gobain SA, DuPont de Nemours Inc, Celanese Corp Class A, Sumitomo Chemical Co Ltd, Covestro AG, Mitsubishi Chemical Group Corp, PPG Industries Inc |
Other key industry trends
- In terms of revenue, Mexico accounted for 5.9% of the global aerospace plastics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. aerospace plastics market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 854.9 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Aerospace Plastics Market Scope
Aerospace Plastics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico aerospace 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 aerospace plastics market will help companies and investors design strategic landscapes.
Polyetheretherketone (peek) was the largest segment with a revenue share of 61.12% in 2023. Horizon Databook has segmented the Mexico aerospace plastics market based on polyetheretherketone (peek), polyphenylsulfone (ppsu), polycarbonate (pc), polyetherimide (pei), polymethyl methacrylate (pmma), polyamide (pa), polyphenylenesulfide (pps), polyamide-imide (pai), polyphenylene ether (ppe), polyurethane (pu), other product covering the revenue growth of each sub-segment from 2019 to 2030.
Aerospace is one of the largest industries in Mexico. The country has emerged as a preferred choice for aviation and aerospace companies seeking a low-cost manufacturing footprint in North America. The North American Free Trade Agreement (NAFTA) is also attracting aircraft manufacturer operations owing to the procurement of raw materials at a low cost.
In September 2022, Bombardier announced an increase in the manufacturing operations of aerospace parts at its facility in Querétaro, Mexico. This move is expected to position Mexico as an important strategic resource in Bombardier’s global projects. This further displays the technological capabilities and highly qualified workforce that exists in its facilities.
In addition, the aircraft manufacturer stated that the region has competitive advantages which include infrastructure and industrial experience and operational efficiency. These factors are expected to positively affect the aerospace plastics market in the region.
Reasons to subscribe to Mexico aerospace plastics market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Mexico aerospace plastics market databook
-
Our clientele includes a mix of aerospace plastics market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico aerospace plastics market , including forecasts for subscribers. This country databook contains high-level insights into Mexico aerospace plastics market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico aerospace plastics market size, by product, 2019-2030 (US$M)
Mexico Aerospace Plastics Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
