Mexico Polyamide Market Size & Outlook, 2022-2030
Mexico polyamide market, 2018-2030 (US$M)
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Mexico polyamide market highlights
- The Mexico polyamide market generated a revenue of USD 294.7 million in 2022 and is expected to reach USD 322.9 million by 2030.
- The Mexico market is expected to grow at a CAGR of 1.1% from 2023 to 2030.
- In terms of segment, automotive was the largest revenue generating end use in 2022.
- ELECTRICAL & ELECTRONICS is the most lucrative end use segment registering the fastest growth during the forecast period.
Polyamide market data book summary
| Market revenue in 2022 | USD 294.7 million |
| Market revenue in 2030 | USD 322.9 million |
| Growth rate | 1.1% (CAGR from 2022 to 2030) |
| Largest segment | Automotive |
| Fastest growing segment | ELECTRICAL & ELECTRONICS |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PACKAGING, CONSTRUCTION, ELECTRICAL & ELECTRONICS, AUTOMOTIVE, MEDICAL, OTHER END USES |
| Key market players worldwide | Basf SE, AdvanSix Inc, Ube Corp, Toray Industries Inc, Ashley Services Group Ltd DR, Toyobo Co Ltd, Lanxess AG, Huntsman Corp, Goodfellow Inc, Domo Chemicals, Ascend Performance Materials |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.1% of the global polyamide market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. polyamide 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 5,551.4 million by 2030.
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Polyamide Market Scope
Polyamide Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico polyamide 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 polyamide market will help companies and investors design strategic landscapes.
Automotive was the largest segment with a revenue share of 45.2% in 2022. Horizon Databook has segmented the Mexico polyamide market based on packaging, construction, electrical & electronics, automotive, medical, other end uses covering the revenue growth of each sub-segment from 2018 to 2030.
Low tariffs along with low production costs, on account of the broad reach of Mexico's free trade agreements, have contributed substantially to attracting significant investments. Presence of key manufacturers such as General Motors, Chrysler, and Ford Motor Company in the country is expected to further propel the demand for polyamide in automotive applications over the forecast period.
Moreover, rising demand from textile, packaging, consumer goods & appliance, and electrical & electronics among others is further anticipated to fuel the demand for polyamide in Mexico during the forecast period.
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Target buyers of Mexico polyamide market databook
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Our clientele includes a mix of polyamide market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 polyamide market , including forecasts for subscribers. This country databook contains high-level insights into Mexico polyamide market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico polyamide market size, by end use, 2018-2030 (US$M)
Mexico Polyamide Market Outlook Share, 2022 & 2030 (US$M)
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