Market revenue in 2023 | USD 58.1 million |
Market revenue in 2030 | USD 76.0 million |
Growth rate | 3.9% (CAGR from 2023 to 2030) |
Largest segment | Packaging |
Fastest growing segment | Building & Construction |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Building & Construction, Packaging, Electrical & Electronics, Textiles, Automotive |
Key market players worldwide | PLACON, Indorama Ventures PCL ADR, Biffa, Verdeco Recycling, Polyquest, Phoenix Technologies, Libolon |
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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 polyethylene terephthalate market will help companies and investors design strategic landscapes.
Packaging was the largest segment with a revenue share of 35.8% in 2023. Horizon Databook has segmented the Mexico recycled polyethylene terephthalate market based on building & construction, packaging, electrical & electronics, textiles, automotive covering the revenue growth of each sub-segment from 2018 to 2030.
The market in Mexico is expected to benefit from the rising construction spending and growing inclination of consumers toward sustainable & lightweight building materials in place of conventional materials. The ban on plastic import by China has paved a way for Mexico plastic recyclers and new investment opportunities in plastic recycling industry.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico recycled polyethylene terephthalate market , including forecasts for subscribers. This country databook contains high-level insights into Mexico recycled polyethylene terephthalate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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