Mexico Polyolefin Market Size & Outlook, 2023-2030
Mexico polyolefin market, 2018-2030 (US$M)
Related Markets
Mexico polyolefin market highlights
- The Mexico polyolefin market generated a revenue of USD 3,036.2 million in 2023 and is expected to reach USD 4,150.0 million by 2030.
- The Mexico market is expected to grow at a CAGR of 4.6% from 2024 to 2030.
- In terms of segment, polyethylene (pe) was the largest revenue generating product in 2023.
- Ethylene-Vinyl Acetate (EVA) is the most lucrative product segment registering the fastest growth during the forecast period.
Polyolefin market data book summary
| Market revenue in 2023 | USD 3,036.2 million |
| Market revenue in 2030 | USD 4,150.0 million |
| Growth rate | 4.6% (CAGR from 2023 to 2030) |
| Largest segment | Polyethylene (pe) |
| Fastest growing segment | Ethylene-Vinyl Acetate (EVA) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyethylene (PE), Polypropylene (PP), Ethylene-Vinyl Acetate (EVA), Thermoplastic Polyolefins (TPOs), Polyoxymethylene (POM), Polycarbonate (PC), Polymethyl Methacrylate (PMMA) |
| Key market players worldwide | China Petroleum & Chemical Corp Class H, LyondellBasell Industries NV Class A, PetroChina Co Ltd Class H, TotalEnergies SE, Chevron Corp, Repsol SA, Dow Inc, Exxon Mobil Corp, Braskem SA ADR, OMV AG |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.2% of the global polyolefin market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. polyolefin market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 3,864.1 million by 2030.
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Polyolefin Market Scope
Polyolefin Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico polyolefin 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 polyolefin market will help companies and investors design strategic landscapes.
Polyethylene (pe) was the largest segment with a revenue share of 39.94% in 2023. Horizon Databook has segmented the Mexico polyolefin market based on polyethylene (pe), polypropylene (pp), ethylene-vinyl acetate (eva), thermoplastic polyolefins (tpos), polyoxymethylene (pom), polycarbonate (pc), polymethyl methacrylate (pmma) covering the revenue growth of each sub-segment from 2018 to 2030.
The market in Mexico is experiencing significant growth owing to the rising consumption of polyolefins in the packaging, automotive, and construction industries, coupled with the strategic geographical location, trade agreements, and industrialization of the country.
Mexico is poised to capitalize on surging expenditures on construction activities and increasing preference of consumers for sustainable and lightweight building materials over conventional options. Polyolefin market in the country is expected to gain from this trend.
Moreover, the surge in the adoption of electric vehicles and a shift in consumer perception of cars from luxuries to essentials have led to the growth of the automotive industry in Mexico.
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Our clientele includes a mix of polyolefin market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico polyolefin market , including forecasts for subscribers. This country databook contains high-level insights into Mexico polyolefin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico polyolefin market size, by product, 2018-2030 (US$M)
Mexico Polyolefin Market Outlook Share, 2023 & 2030 (US$M)
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