Mexico Plastic Resin Market Size & Outlook, 2026-2033
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Mexico plastic resin market highlights
- The Mexico plastic resin market generated a revenue of USD 10,524.5 million in 2025 and is expected to reach USD 14,145.4 million by 2033.
- The Mexico market is expected to grow at a CAGR of 3.6% from 2026 to 2033.
- In terms of segment, crystalline was the largest revenue generating product in 2025.
- Engineering Plastic is the most lucrative product segment registering the fastest growth during the forecast period.
Plastic resin market data book summary
| Market revenue in 2025 | USD 10,524.5 million |
| Market revenue in 2033 | USD 14,145.4 million |
| Growth rate | 3.6% (CAGR from 2026 to 2033) |
| Largest segment | Crystalline |
| Fastest growing segment | Engineering Plastic |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Crystalline, Non-crystalline, Engineering Plastic, Super Engineering Plastic, Other Products |
| Key market players worldwide | Basf SE, SABIC, Dow Inc, DuPont de Nemours Inc, Evonik Industries AG, Sumitomo Chemical Co Ltd, Celanese Corp Class A, Eastman Chemical Co, Chevron Corp, Lotte Chemical, Exxon Mobil Corp, Formosa Plastics Group, Toray Industries Inc, Mitsui Chemicals Inc, Teijin Ltd, LG Chem, Avient Corp |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.9% of the global plastic resin market in 2025.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In North America, U.S. plastic resin market is projected to lead the regional market in terms of revenue in 2033.
- Canada is the fastest growing regional market in North America and is projected to reach USD 13,366.0 million by 2033.
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Plastic Resin Market Scope
Plastic Resin Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Formosa Plastics Group | View profile | 1001-5000 | Taipei, T'ai-pei, Taiwan, Asia | https://www.fpg.com.tw/ |
| SABIC | View profile | 10001+ | Riyadh, Ar Riyad, Saudi Arabia, Asia | http://www.sabic.com |
| Lotte Chemical | View profile | 10001+ | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | http://www.lottechem.com |
| Mitsui Chemicals Inc | View profile | 18933 | 1-5-2, Higashi-Shimbashi, Shiodome City Center, Minato-ku, Tokyo, Japan, 105-7122 | http://group.mitsuichemicals.com |
| LG Chem | View profile | 10001+ | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | https://www.lgchem.com |
| Teijin Ltd | View profile | 24499 | 6-7, Minami Hommachi 1-chome, Chuo-ku, Osaka, Japan, 541-8587 | http://www.teijin.co.jp |
| Toray Industries Inc | View profile | 48682 | Nihonbashi Mitsui Tower 2-1-1, Nihonbashi Muromach, Chuo-ku, Tokyo, Japan, 103-8666 | http://www.toray.co.jp |
| Celanese Corp Class A | View profile | 12410 | 222 West Las Colinas Boulevard, Suite 900N, Irving, TX, United States, 75039-5421 | https://www.celanese.com |
| Eastman Chemical Co | View profile | 14000 | 200 South Wilcox Drive, Kingsport, TN, United States, 37662 | https://www.eastman.com |
| DuPont de Nemours Inc | View profile | 24000 | 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 | https://www.dupont.com |
| Chevron Corp | View profile | 45600 | 6001 Bollinger Canyon Road, San Ramon, CA, United States, 94583-2324 | https://www.chevron.com |
| Exxon Mobil Corp | View profile | 61500 | 22777 Springwoods Village Parkway, Spring, TX, United States, 77389-1425 | https://www.exxonmobil.com |
| Sumitomo Chemical Co Ltd | View profile | 37235 | 27-1, Shinkawa 2-chome, Chuo-ku, Tokyo, Japan, 104-8260 | http://www.sumitomo-chem.co.jp |
| Avient Corp | View profile | 9300 | 33587 Walker Road, Avon Lake, OH, United States, 44012 | https://www.avient.com |
| Dow Inc | View profile | 35900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | https://www.dow.com |
| Evonik Industries AG | View profile | 33409 | Rellinghauser Strasse 1-11, Essen, NW, Germany, 45128 | https://www.evonik.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
Mexico plastic resin 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 plastic resin market will help companies and investors design strategic landscapes.
Crystalline was the largest segment with a revenue share of 60.97% in 2025. Horizon Databook has segmented the Mexico plastic resin market based on crystalline, non-crystalline, engineering plastic, super engineering plastic, other products covering the revenue growth of each sub-segment from 2021 to 2033.
In 2018, Mexico was the largest consumer of cola drinks globally, which is the reason the country consumes a large quantity of PET bottles. The country is also a major consumer of several oils, personal care, hair care, and alcoholic beverage products, which creates a robust market for PET bottles.
The implementation of the Soda Tax in 2015 reduced the consumption of soda (plain and cola drinks) in the country, thereby negatively affecting the PET market. Mexico is expected to benefit from the rising construction spending and growing inclination of consumers toward the utilization of sustainable and lightweight building materials in place of conventional materials.
The expanding automotive sector and a shift in consumer purchase behavior from considering cars as luxuries to now considering them necessities are also anticipated to have a positive impact on the plastic resins market in the region.
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Target buyers of Mexico plastic resin market databook
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Our clientele includes a mix of plastic resin 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 plastic resin market , including forecasts for subscribers. This country databook contains high-level insights into Mexico plastic resin market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Mexico Application - Plastic Resin Market size, 2025 - 2033 (US$M)
Mexico Plastic Resin Market Outlook Share, 2025 & 2033 (US$M)
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