The hottest Mexican engineering plastics market is

2022-08-19
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Mexico's engineering plastics market has developed rapidly

in the global market, engineering plastics have developed very rapidly in recent years, and Mexico's engineering plastics market has developed rapidly since the classification and equipment parameters of the 200 wood-based panel universal testing machine. Wood based panel testing machine is also known as wood testing machine after the 7-year economic crisis. Its market revenue reached $1.25 billion in 2012, and its sales volume reached 357500 tons

this rapid development comes from the development of the local automobile industry, the general trend of replacing traditional materials with engineering plastics, and the stimulus policies and preferential trade agreements of the local government. The market capacity is expected to reach 515700 tons in 2017. It is co sponsored by the national development and Reform Commission, the Ministry of Commerce, the Ministry of industry and information, the Ministry of science and technology, the Chinese Academy of Sciences, the Chinese Academy of engineering, the China Council for the promotion of international trade and the Shanghai Municipal People's government, CO organized by the China Machinery Industry Federation, Shanghai Donghao international service trade (Group) Co., Ltd., Shanghai Industrial Business Exhibition Co., Ltd Guohao Exhibition (Shanghai) Co., Ltd. performed the "2016 2nd China international automobile lightweight materials and Technology Exhibition" "The current market revenue is US $1.68 billion, with a compound annual growth rate of 6.1%.

the top five market participants in the Mexican engineering plastics market in 2012 were Saudi Basic Industries, Bayer, DuPont, styrolation and BASF. The combined revenue of these five companies accounted for 62.3% of the total market revenue in 2012. Among them, Saudi Basic Industries quickly occupied the market, and the market in 2012 Its share reached 20.7% and its annual revenue reached 258million US dollars, making it a real leader in this market. Bayer also relies on its traditional PC engineering polymers to make its annual revenue reach 178million US dollars. In 2012, DuPont and revolution, which ranked third and fourth, both had revenues of about US $117 million, accounting for 18.8% of the total market. BASF occupies a place in the engineering plastics market with us $106million

the automotive industry uses 76% of Mexico's engineering plastics. In the next five years, six automobile manufacturers and 800 parts manufacturers will set up factories in Mexico. Therefore, the consumption of engineering plastics in the automotive sector is expected to rise by 6% in 2013. Mercedes Benz, Tata Motors, Nissan, Audi, Mazda and Honda have decided to establish new plants in Mexico. These plants will be put into use from 2014 to 2016. In addition, Mitsubishi will also open an auto parts factory in Mexico in 2014

some states in Mexico can provide incentives and tax exemption policies for auto manufacturers who want to establish auto factories by paying attention to the following points. In addition, the Mexican government has also implemented the decree on the promotion of manufacturing, bonded assembly industry and export services (hereinafter referred to as "IMMEX decree"), which stipulates that manufacturers and dealers can exempt from tax those who purchase processed goods from companies that establish headquarters in Mexico and use them for export or in the process of exporting products

engineering plastics only account for 5% of the total plastic market capacity of Mexico, but they have created 20% of the market revenue. The value of engineering plastics is 10 times that of daily-use plastics, and the market growth in engineering plastics will make the overall plastic market revenue three times that of the original

Mexico is a big importer of engineering plastics, but its final products are exported. Therefore, the domestic demand for higher value-added conversion products will still stimulate the growth of the engineering plastics market

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