Mexico Solvent-based Plastic Recycling Market Size & Outlook
Mexico solvent-based plastic recycling market, 2018-2030 (US$M)
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Mexico solvent-based plastic recycling market highlights
- The Mexico solvent-based plastic recycling market generated a revenue of USD 16.8 million in 2024 and is expected to reach USD 23.1 million by 2030.
- The Mexico market is expected to grow at a CAGR of 5.5% from 2025 to 2030.
- In terms of segment, polystyrene was the largest revenue generating product in 2024.
- Polyethylene is the most lucrative product segment registering the fastest growth during the forecast period.
Solvent-based plastic recycling market data book summary
| Market revenue in 2024 | USD 16.8 million |
| Market revenue in 2030 | USD 23.1 million |
| Growth rate | 5.5% (CAGR from 2024 to 2030) |
| Largest segment | Polystyrene |
| Fastest growing segment | Polyethylene |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polystyrene, Polyethylene Terephthalate, Polyethylene, Polyvinyl Chloride, Polypropylene |
| Key market players worldwide | Solvay SA, Sulzer AG, Trinseo PLC, Procter & Gamble Co, PureCycle Technologies Inc Ordinary Shares, APK, Fraunhofer-Gesellschaft, Saperatec |
Other key industry trends
- In terms of revenue, Mexico accounted for 2.5% of the global solvent-based plastic recycling market in 2024.
- Country-wise, Germany is expected to lead the global market in terms of revenue in 2030.
- In North America, Canada solvent-based plastic recycling 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 100.7 million by 2030.
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Solvent-based Plastic Recycling Market Scope
Solvent-based Plastic Recycling Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico solvent-based plastic recycling 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 solvent-based plastic recycling market will help companies and investors design strategic landscapes.
Polystyrene was the largest segment with a revenue share of 45.83% in 2024. Horizon Databook has segmented the Mexico solvent-based plastic recycling market based on polystyrene, polyethylene terephthalate, polyethylene, polyvinyl chloride, polypropylene covering the revenue growth of each sub-segment from 2018 to 2030.
The solvent-based plastic recycling market in Mexico is expected to benefit from the rising construction spending and growing inclination of consumers toward utilizing sustainable & lightweight building materials in place of conventional materials. Furthermore, it is projected that the Canadian automotive manufacturing sector would continue to benefit from the positive economic environment.
However, it is projected that advancements in automotive technology, which help increase the average lifespan of vehicle ownership, and easy access to ridesharing & carpooling have restrained the demand of vehicles among young consumers.
Bombardier, Canadian Electric Vehicles Ltd., BRP, Dupont Industries, Allard Motor Works, and Conquest Planning Inc. are among the key players operating in automotive industry in the country. Mexico is engaged in the solvent-based recycling of plastic products including polystyrene (PS), polypropylene (PP), polyethylene (PE), and polyvinyl chloride (PVC).
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Our clientele includes a mix of solvent-based plastic recycling 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 solvent-based plastic recycling market , including forecasts for subscribers. This country databook contains high-level insights into Mexico solvent-based plastic recycling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico solvent-based plastic recycling market size, by product, 2018-2030 (US$M)
Mexico Solvent-based Plastic Recycling Market Outlook Share, 2024 & 2030 (US$M)
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