Mexico Polycarbonate Market Size & Outlook, 2022-2030
Mexico polycarbonate market, 2018-2030 (US$M)
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Mexico polycarbonate market highlights
- The Mexico polycarbonate market generated a revenue of USD 276.0 million in 2022 and is expected to reach USD 337.5 million by 2030.
- The Mexico market is expected to grow at a CAGR of 2.5% from 2023 to 2030.
- In terms of segment, other end uses was the largest revenue generating end use in 2022.
- AUTOMOTIVE is the most lucrative end use segment registering the fastest growth during the forecast period.
Polycarbonate market data book summary
| Market revenue in 2022 | USD 276.0 million |
| Market revenue in 2030 | USD 337.5 million |
| Growth rate | 2.5% (CAGR from 2022 to 2030) |
| Largest segment | Other end uses |
| Fastest growing segment | AUTOMOTIVE |
| 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 | Covestro AG, Teijin Ltd, Mitsubishi Corp, Trinseo PLC, Idemitsu Kosan Co Ltd, Lotte Chemical, LG Chem, SABIC, Lone Star Chemical, CHIMEI, Entec Polymers, RTP Company |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.5% of the global polycarbonate market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. polycarbonate 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 2,739.5 million by 2030.
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Polycarbonate Market Scope
Polycarbonate Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico polycarbonate 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 polycarbonate market will help companies and investors design strategic landscapes.
Other end uses was the largest segment with a revenue share of 26.09% in 2022. Horizon Databook has segmented the Mexico polycarbonate market based on packaging, construction, electrical & electronics, automotive, medical, other end uses covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico is expected to benefit from the rising construction spending and the growing inclination of consumers toward the utilization of sustainable building materials. The development of construction industry is expected to propel the demand for electrical fittings such as electrical enclosures, wall switches, and others.
Significant opportunities in specialized products, especially lightweight materials used in electronics & appliances, and the expanding automotive sector on account of the rising adoption of electric vehicles are also anticipated to have a positive impact on the polycarbonate market in the country.
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Target buyers of Mexico polycarbonate market databook
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Our clientele includes a mix of polycarbonate 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 polycarbonate market , including forecasts for subscribers. This country databook contains high-level insights into Mexico polycarbonate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico polycarbonate market size, by end use, 2018-2030 (US$M)
Mexico Polycarbonate Market Outlook Share, 2022 & 2030 (US$M)
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