The Mexico extruded plastic Market was valued at US$6.490 billion in 2018 and is projected to expand at a CAGR of 3.80% over the forecast period to reach US$8.117 billion by 2024. Plastic Extrusion is a high volume manufacturing process in which raw material (thermoplastic resin) is melted and formed into a continuous profile. The process produces products such as pipe/tubing, weather stripping, window frames, plastic sheets, wire insulation and etc. The demand is mainly driven from packaging and construction industry. Continuous investment in infrastructure development and growing consumer trends towards products such as bottled water, ready meals, and etc. is augmenting the demand for extruded pipes, sheets, and films in the country. Positive growth of rigid plastics is supporting the extruded plastic market growth. Thus, the market is set to grow at a steady rate over the forecast period.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study has been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the Mexico extruded plastic value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the Mexico extruded plastic market.
Some of the key players include Spectrum Plastics Group, Custom Profile, Absolute Custom Extrusions, Inc., Gemini Group, Inc., and COEXPAN.
The Mexico extruded plastic market has been analyzed through following segments:
Polyvinyl Chloride (PVC)
By End-User Industry
Electrical and Electronics
Key insights offered
What will be the Mexico extruded plastic market size from 2019 to 2024?
How the major drivers and restraints affecting the Mexico extruded plastic market growth and the opportunities which exist for key vendors?
Which segment and region will drive or lead the market growth and why?
A comprehensive analysis of competitive landscape and key market participants’ behavior
Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth.
Spectrum Plastics Group
Absolute Custom Extrusions, Inc.
Gemini Group, Inc.
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