Mexico Polyethylene Market Size & Outlook, 2022-2030
Mexico polyethylene market, 2018-2030 (US$M)
Related Markets
Mexico polyethylene market highlights
- The Mexico polyethylene market generated a revenue of USD 1,647.0 million in 2022 and is expected to reach USD 2,214.7 million by 2030.
- The Mexico market is expected to grow at a CAGR of 3.8% from 2023 to 2030.
- In terms of segment, packaging was the largest revenue generating end use in 2022.
- PACKAGING is the most lucrative end use segment registering the fastest growth during the forecast period.
Polyethylene market data book summary
| Market revenue in 2022 | USD 1,647.0 million |
| Market revenue in 2030 | USD 2,214.7 million |
| Growth rate | 3.8% (CAGR from 2022 to 2030) |
| Largest segment | Packaging |
| Fastest growing segment | PACKAGING |
| 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, Borealis Exploration Ltd, Braskem SA ADR, Dow Inc, Exxon Mobil Corp, LyondellBasell Industries NV Class A, Mitsubishi Chemical Group Corp, China Petroleum & Chemical Corp Class H, Formosa Plastics Group, LG Chem, MOL Group, INEOS, SABIC |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.1% of the global polyethylene market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. polyethylene 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 2,214.7 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
Polyethylene Market Scope
Polyethylene Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico polyethylene 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 polyethylene market will help companies and investors design strategic landscapes.
Packaging was the largest segment with a revenue share of 59.04% in 2022. Horizon Databook has segmented the Mexico polyethylene 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 has emerged as a strategic hub for manufacturing operations in North America, thereby attracting investments in various industries in the country, including automotive, packaging, and construction.
The demand for polyethylene, which is a versatile polymer widely used in these sectors for manufacturing various products, experiences a positive correlation with the growth of industrial activities in Mexico. As the country continues to position itself as a manufacturing powerhouse in North America, the demand for polyethylene is expected to remain high in Mexico, driven by its use in diverse applications in different industries.
The commitment of the government of the country to fostering a business-friendly environment and promoting investments in key sectors positively influences the growth of polyethylene market in Mexico. Incentives, subsidies, and supportive policies geared toward the growth of the petrochemicals and plastics industries contribute to the overall competitiveness among polyethylene manufacturers in Mexico.
Reasons to subscribe to Mexico polyethylene 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 polyethylene market databook
-
Our clientele includes a mix of polyethylene 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 polyethylene market , including forecasts for subscribers. This country databook contains high-level insights into Mexico polyethylene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico polyethylene market size, by end use, 2018-2030 (US$M)
Mexico Polyethylene Market Outlook Share, 2022 & 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
