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 |
No credit card required*
Name | Profile | # Employees | HQ | Website |
---|
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.
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.
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account