Mexico Specialty Polyamides Market Size & Outlook
Mexico specialty polyamides market, 2018-2030 (US$M)
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Mexico specialty polyamides market highlights
- The Mexico specialty polyamides market generated a revenue of USD 66.3 million in 2022 and is expected to reach USD 91.6 million by 2030.
- The Mexico market is expected to grow at a CAGR of 4.1% from 2023 to 2030.
- In terms of segment, high temperature polyamides was the largest revenue generating product in 2022.
- Long Chain Nylons is the most lucrative product segment registering the fastest growth during the forecast period.
Specialty polyamides market data book summary
| Market revenue in 2022 | USD 66.3 million |
| Market revenue in 2030 | USD 91.6 million |
| Growth rate | 4.1% (CAGR from 2022 to 2030) |
| Largest segment | High temperature polyamides |
| Fastest growing segment | Long Chain Nylons |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Long Chain Nylons, High Temperature Polyamides, MXD6/PARA |
| Key market players worldwide | Evonik Industries AG, Arkema SA, Basf SE, Dow Inc, Koninklijke DSM NV, Asahi Kasei Corp, LG Chem, INVISTA, Solvay SA, Radici Group, Ems-Chemie Holding AG, Ube Corp, Kuraray Co Ltd, Mitsubishi Gas Chemical Co Inc, Toyobo Co Ltd |
Other key industry trends
- In terms of revenue, Mexico accounted for 2.6% of the global specialty polyamides market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. specialty polyamides 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 168.5 million by 2030.
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Specialty Polyamides Market Scope
Specialty Polyamides Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico specialty polyamides 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 specialty polyamides market will help companies and investors design strategic landscapes.
High temperature polyamides was the largest segment with a revenue share of 47.21% in 2022. Horizon Databook has segmented the Mexico specialty polyamides market based on long chain nylons, high temperature polyamides, mxd6/para covering the revenue growth of each sub-segment from 2018 to 2030.
The nation's abundant solar radiation, wind potential, and geothermal resources present a substantial opportunity to expand the underdeveloped renewable energy sector within the country, which is expected to drive the Specialty Polyamides market over the forecast period.
New wind energy projects are being undertaken in the country, which will increase the demand for wind turbines, thus promoting the demand for Specialty Polyamides. In March 2024, Vestas secured an order from Sempra Infrastructure to construct a 319 megawatts (MW) wind farm in Mexico.
Additionally, Vestas will provide a 10-year service agreement to optimize energy production and ensure operational efficiency for the wind farm. Such initiatives are expected to boost the consumption of Specialty Polyamides in the country.
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Our clientele includes a mix of specialty polyamides market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico specialty polyamides market , including forecasts for subscribers. This country databook contains high-level insights into Mexico specialty polyamides market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico specialty polyamides market size, by product, 2018-2030 (US$M)
Mexico Specialty Polyamides Market Outlook Share, 2022 & 2030 (US$M)
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