Mexico Medical Injection Molded Plastic Market Size & Outlook
Mexico medical injection molded plastic market, 2019-2030 (US$M)
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Mexico medical injection molded plastic market highlights
- The Mexico medical injection molded plastic market generated a revenue of USD 957.8 million in 2022 and is expected to reach USD 1,360.8 million by 2030.
- The Mexico market is expected to grow at a CAGR of 4.5% from 2023 to 2030.
- In terms of segment, polypropylene (pp) was the largest revenue generating product in 2022.
- Polypropylene (PP) is the most lucrative product segment registering the fastest growth during the forecast period.
Medical injection molded plastic market data book summary
| Market revenue in 2022 | USD 957.8 million |
| Market revenue in 2030 | USD 1,360.8 million |
| Growth rate | 4.5% (CAGR from 2022 to 2030) |
| Largest segment | Polypropylene (pp) |
| Fastest growing segment | Polypropylene (PP) |
| Historical data | 2019 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polypropylene (PP), Acrylonitrile Butadiene Styrene (ABS), Polyethylene (PE), Polystyrene (PS), Polycarbonate (PC) |
| Key market players worldwide | Dow Inc, SABIC, Eastman Chemical Co, Covestro AG, Evonik Industries AG, Sumitomo Chemical Co Ltd, Arkema SA, INEOS, Rutland Plastic Technologies |
Other key industry trends
- In terms of revenue, Mexico accounted for 3.7% of the global medical injection molded plastic market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. medical injection molded plastic 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 12,771.5 million by 2030.
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Medical Injection Molded Plastic Market Scope
Medical Injection Molded Plastic Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico medical injection molded plastic 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 medical injection molded plastic market will help companies and investors design strategic landscapes.
Polypropylene (pp) was the largest segment with a revenue share of 33.79% in 2022. Horizon Databook has segmented the Mexico medical injection molded plastic market based on polypropylene (pp), acrylonitrile butadiene styrene (abs), polyethylene (pe), polystyrene (ps), polycarbonate (pc) covering the revenue growth of each sub-segment from 2019 to 2030.
The massive growth in demand for medical components in Mexico is driven by rising cardiovascular diseases, diabetes, malignant tumors, liver diseases, metabolic disorders, and respiratory diseases, which, in turn, is likely to augment the demand for medical plastics at a significant rate over the forecast period.
The COVID-19-related treatments, the pharmaceutical industry, along with public healthcare & safety are now the main priorities of the nation, which is expected to drive the market over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico medical injection molded plastic market , including forecasts for subscribers. This country databook contains high-level insights into Mexico medical injection molded plastic market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico medical injection molded plastic market size, by product, 2019-2030 (US$M)
Mexico Medical Injection Molded Plastic Market Outlook Share, 2022 & 2030 (US$M)
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