The market is dominated by foreign suppliers, as imports account for 88.6% of total market size in 2022. B2B drives market demand, with B2B spending representing 100.0% of total demand in 2022. Mexico has the second largest market size for plastic in primary forms and synthetic rubber regionally, with demand reaching USD15.6 billion in 2022. Osterman Plastics de México SA de CV is the largest company in Mexico, generating 28.4% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 37.2% of total production value in 2022. The total number of companies increases in 2022, to 6,298 units. The costs of the industry increase by 16.9% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 25.1% of production value in 2022, the highest regionally. The industry’s exports share decreases in 2022 to 72.8% of total production output. With production value of USD6.1 billion, Mexico accounts for 18.6% of the Latin America total in 2022.
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This Euromonitor industrial report provides unique information on Plastic in Primary Forms and Synthetic Rubber in Mexico: ISIC 2413. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Plastic in Primary Forms and Synthetic Rubber in Mexico: ISIC 2413 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic chemicals, fertilisers and nitrogen compounds, man-made fibers, paints and varnishes, pesticides and other agro-chemical products, photochemicals, explosives and other chemicals, plastic in primary forms and synthetic rubber.
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