| Market revenue in 2023 | USD 806.1 million |
| Market revenue in 2030 | USD 1,297.7 million |
| Growth rate | 7% (CAGR from 2024 to 2030) |
| Largest segment | Polypropylene (pp) |
| Fastest growing segment | Polyvinyl Chloride (PVC) |
| Historical data | 2019 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyethylene (PE), Polypropylene (PP), Thermoplastic Vulcanizates (TPV), Thermoplastic Polyolefins (TPO), Polyvinyl Chloride (PVC), Polystyrene (PS), Polyethylene Terephthalate (PET), Polybutylene Terephthalate (PBT), Polyamide (PA), Polycarbonate (PC), Acrylonitrile Butadiene Systems (ABS), Other Product |
| Key market players worldwide | Basf SE, SABIC, Dow Inc, DL Holdings Group Ltd, LyondellBasell Industries NV Class A, DuPont de Nemours Inc, Asahi Kasei Corp, Covestro AG, Washington Penn, Ascend Performance Materials, Kuraray Co Ltd, Arkema SA, Teijin Ltd, Lanxess AG, Solvay SA, Ravago |
Mexico plastic compounding market is expected to benefit from the rising construction spending and growing inclination of consumers toward the utilization of lightweight and sustainable building materials in place of conventional materials.
The expanding automotive sector, on account of electric vehicles and shift in consumer purchase behavior from considering cars as luxuries to now considering them as necessities, is also anticipated to fuel the growth of the plastic compounding market in the country.
Low tariffs along with low production costs, on account of the broad reach of Mexico's free trade agreements, have contributed substantially to attracting significant investments. Exports to nearly 44 countries from Mexico are exempted from tariffs, including the 10% tariff imposed by the EU on the imported motor vehicle.
Key Regions:U.S., UK, Japan, Brazil, South Korea
Publish Date: Apr 09, 2026
Last Updated: Aug 26, 2026
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| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Basf SE | View profile | 111,855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | www.basf.com |
| Dow Inc | View profile | 35,900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | www.dow.com |
| Asahi Kasei Corp | View profile | 48,897 | 1-105 Kanda Jinbocho, Chiyoda-ku, Tokyo, Japan, 101-8101 | www.asahi-kasei.co.jp |
| Arkema SA | View profile | 11,039 | 420 rue d’Estienne d’Orves, Colombes, France, 92700 | www.arkema.com |
| Kuraray Co Ltd | View profile | 13,161 | Ote Center Building,1-1-3, Otemachi, Chiyoda-ku, Tokyo, Japan, 100-8115 | www.kuraray.co.jp |
| Covestro AG | View profile | 17,520 | Kaiser-Wilhelm-Allee 60, Leverkusen, NW, Germany, 51373 | www.covestro.com/en |
| LyondellBasell Industries NV Class A | View profile | 20,000 | One Vine Street, 4th Floor, London, United Kingdom, W1J0AH | www.lyondellbasell.com |
| DuPont de Nemours Inc | View profile | 24,000 | 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 | www.dupont.com |
| Teijin Ltd | View profile | 24,499 | 6-7, Minami Hommachi 1-chome, Chuo-ku, Osaka, Japan, 541-8587 | www.teijin.co.jp |
| Solvay SA | View profile | 9,000 | Rue De Ransbeek, 310, Brussels, Belgium, B-1120 | www.solvay.com |
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 Plastic Compounding Market Outlook will help companies and investors design strategic landscapes.
Polypropylene (Pp) was the largest segment with a revenue share of 27.94% in 2023.
Horizon Databook has segmented the Mexico - North America plastic compounding market based on polyethylene (pe), polypropylene (pp), thermoplastic vulcanizates (tpv), thermoplastic polyolefins (tpo), polyvinyl chloride (pvc), polystyrene (ps), polyethylene terephthalate (pet), polybutylene terephthalate (pbt), polyamide (pa), polycarbonate (pc), acrylonitrile butadiene systems (abs), other product covering the revenue growth of each sub-segment from 2019 to 2030.
Mexico plastic compounding market is expected to benefit from the rising construction spending and growing inclination of consumers toward the utilization of lightweight and sustainable building materials in place of conventional materials.
The expanding automotive sector, on account of electric vehicles and shift in consumer purchase behavior from considering cars as luxuries to now considering them as necessities, is also anticipated to fuel the growth of the plastic compounding market in the country.
Low tariffs along with low production costs, on account of the broad reach of Mexico's free trade agreements, have contributed substantially to attracting significant investments. Exports to nearly 44 countries from Mexico are exempted from tariffs, including the 10% tariff imposed by the EU on the imported motor vehicle.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico - North America Plastic Compounding Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Mexico - North America Plastic Compounding Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
