Mexico Recycled Plastics Market Size & Outlook, 2023-2030
Mexico recycled plastics market, 2018-2030 (US$M)
Related Markets
Mexico recycled plastics market highlights
- The Mexico recycled plastics market generated a revenue of USD 1,108.0 million in 2023 and is expected to reach USD 1,910.8 million by 2030.
- The Mexico market is expected to grow at a CAGR of 8.1% from 2024 to 2030.
- In terms of segment, polyethylene was the largest revenue generating product in 2023.
- Polypropylene is the most lucrative product segment registering the fastest growth during the forecast period.
Recycled plastics market data book summary
| Market revenue in 2023 | USD 1,108.0 million |
| Market revenue in 2030 | USD 1,910.8 million |
| Growth rate | 8.1% (CAGR from 2023 to 2030) |
| Largest segment | Polyethylene |
| Fastest growing segment | Polypropylene |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyethylene, Polyethylene Terephthalate, Polypropylene, Polyvinyl Chloride, Polystyrene |
| Key market players worldwide | Rethmann AG & Co. KG, Biffa, Stericycle Inc, Republic Services Inc, Waste Management Inc, Veolia Environnement SA, Shell PLC, Waste Connections Inc, Clean Harbors Inc, Covestro AG |
Other key industry trends
- In terms of revenue, Mexico accounted for 2.3% of the global recycled plastics market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, Canada recycled plastics 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 8,515.1 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
Recycled Plastics Market Scope
Recycled Plastics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico recycled plastics 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 recycled plastics market will help companies and investors design strategic landscapes.
Polyethylene was the largest segment with a revenue share of 32.25% in 2023. Horizon Databook has segmented the Mexico recycled plastics market based on polyethylene, polyethylene terephthalate, polypropylene, polyvinyl chloride, polystyrene covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico is engaged in the recycling of polyethylene (PE), polypropylene (PP), polystyrene (PS), and polyvinyl chloride (PVC). Mexico also has one of the lowest recycling rates in the world at 5%: for example, only 40% of households practice sorting their trash.
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 recycled plastics 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 recycled plastics market databook
-
Our clientele includes a mix of recycled plastics 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 recycled plastics market , including forecasts for subscribers. This country databook contains high-level insights into Mexico recycled plastics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico recycled plastics market size, by product, 2018-2030 (US$M)
Mexico Recycled Plastics 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
