Mexico Polyurethane Foam Market Size & Outlook, 2023-2030
Mexico polyurethane foam market, 2018-2030 (US$M)
Related Markets
Mexico polyurethane foam market highlights
- The Mexico polyurethane foam market generated a revenue of USD 1,335.9 million in 2023 and is expected to reach USD 2,279.1 million by 2030.
- The Mexico market is expected to grow at a CAGR of 7.9% from 2024 to 2030.
- In terms of segment, flexible foam was the largest revenue generating product in 2023.
- Flexible Foam is the most lucrative product segment registering the fastest growth during the forecast period.
Polyurethane foam market data book summary
| Market revenue in 2023 | USD 1,335.9 million |
| Market revenue in 2030 | USD 2,279.1 million |
| Growth rate | 7.9% (CAGR from 2023 to 2030) |
| Largest segment | Flexible foam |
| Fastest growing segment | Flexible Foam |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rigid Foam, Flexible Foam |
| Key market players worldwide | Huntsman Corp, Dow Inc, Basf SE, Sekisui Chemical Co Ltd, Trelleborg AB ADR, Future PLC, Recticel, UFP Technologies Inc, Rogers Corp, Compagnie de Saint-Gobain SA |
Other key industry trends
- In terms of revenue, Mexico accounted for 3.1% of the global polyurethane foam market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. polyurethane foam 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 2,279.1 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
Polyurethane Foam Market Scope
Polyurethane Foam Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico polyurethane foam 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 polyurethane foam market will help companies and investors design strategic landscapes.
Flexible foam was the largest segment with a revenue share of 60.06% in 2023. Horizon Databook has segmented the Mexico polyurethane foam market based on rigid foam, flexible foam covering the revenue growth of each sub-segment from 2018 to 2030.
In 2022, Mexico was the largest consumer of cola drinks globally; as a result, the country consumes a large quantity of PET bottles. The country is also a major consumer of several oils, personal care, hair care, and alcoholic beverage products, which creates a robust market for PET bottles.
The implementation of the Soda Tax has reduced the consumption of soda (plain and cola drinks) in the country, thereby negatively affecting the PET market. Mexico has emerged as a significant player in the global polyurethane (PU) foam market, making remarkable strides in recent years.
The country's steady growth can be attributed to several factors. Mexico boasts a thriving manufacturing sector, with industries such as automotive, construction, and furniture driving the demand for PU foam.
Reasons to subscribe to Mexico polyurethane foam 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 polyurethane foam market databook
-
Our clientele includes a mix of polyurethane foam 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 polyurethane foam market , including forecasts for subscribers. This country databook contains high-level insights into Mexico polyurethane foam market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico polyurethane foam market size, by product, 2018-2030 (US$M)
Mexico Polyurethane Foam Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
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
