The hottest Mexican automotive engineering plastic

Mexican automotive engineering plastics are in the ascendant.

the research report published in July this year by frost Sullivan, a famous American consulting company, believes that with the progress of technology, the continuous development of the automotive industry and the continuous improvement of the performance requirements of component materials, Mexico will use more and more engineering plastics in the automotive field, thus promoting market growth

the average annual increase in the next five years is nearly 10%

engineering plastics for the automotive industry in Mexico mainly include ABS, polyamide (PA), polycarbonate (PC), Polyoxymethylene (POM) and polybutylene terephthalate (PBT). The Mexican automotive engineering plastics market is currently in the growth stage, with a relatively small total market volume and large room for further development. In 2011, the total sales of this market reached US $760million, with a year-on-year increase of 37.3%. It is expected that the average annual growth rate will reach 9.6% in the next five years, and the total market size is expected to reach 1.31 billion US dollars by 2017

abs resin is one of the most commonly used automotive engineering plastics, accounting for about 1/3 of the global automotive engineering plastics, and its application scope is constantly expanding. The automotive ABS market in Mexico is currently in the growth stage, and its proportion in automotive engineering plastics is far from reaching the global level. The sales volume in 2011 was US $150million, and the average annual growth rate in the next few years is expected to reach 8%. The sales volume in 2017 is expected to be about US $230million

polyamide is the largest sub market in the field of engineering plastics in Mexico, with sales accounting for 40.3% of the total market in 2011, reaching US $300million. This market is also in the growth stage. It is expected that the average annual growth rate from 2011 to 2017 will reach 10.9%, and the sales volume in 2017 is expected to reach US $570million

polycarbonate is the second largest sub market, with sales of US $260million in 2011, second only to polyamide, accounting for 33.7% of the total market. The polycarbonate sub market, which is in the growth stage, is expected to have an average annual growth rate of 9.1% in the next few years, and its sales revenue is expected to be about $430million by 2017

pbt resin is mainly used in automotive engineering applications, accounting for a small share. In 2011, the sales volume was only 28 million US dollars, and this market is also in the growth stage. It is expected that the average annual growth rate from 2011 to 2017 will reach 8.1%, and the sales volume is expected to reach 45 million US dollars by 2017

multinational companies dominate the production of

there are nine major manufacturers in the Mexican automotive engineering plastics market, all of which are multinational companies. They are Saudi Basic Industries Corporation, BASF, DuPont, Bayer, Styron, tecona, Rhodia chemical, Evonik and LANXESS. The top three companies together account for 52.3% of the total market share

SABIC ranks first in the Mexican automotive engineering plastics market with a share of 21.9%. At the same time, it is the largest producer in the PC, PBT and POM sub markets. It is also the second largest ABS producer in Mexico

BASF occupies 15.6% of the Mexican automotive engineering plastics market, ranking second. BASF is the largest manufacturer in the automotive ABS sub market, such as quality insurance. At the same time, it is the second and third largest manufacturer in polyamide and PBT sub markets respectively

DuPont ranked third with a market share of 14.8%. DuPont is the largest producer of polyamide submarket in Mexico, and also the second and third largest producer of PBT and POM submarkets respectively

the market still needs to be vigorously developed

although the consumption of automotive engineering plastics in Mexico is expanding, the overall market share is still not large, and no multinational companies are considering promoting new products in this region. However, the potential of the Mexican engineering plastics market is widely recognized. In 2011, the Mexican engineering plastics market received a total investment of about US $450million, which will promote the vigorous development of the entire market

compared with other neighboring countries and regions, Mexico's advantage is that it has signed a series of free trade agreements. However, Mexico's technological development is relatively low, and its investment in research and development and technician training in the field of automotive engineering plastics is also insufficient. Multinational companies are restricted in the development of new fields and the application of engineering plastic terminals due to the lack of skilled workers with a certain level of technology in Mexico. At the same time, products from Asia account for a large share and are highly competitive; Especially in the ABS field, Asian imported products account for 80% of the total

in addition, although the replacement of traditional materials after several quarters of "extraordinary period" is one of the driving forces of the Mexican engineering plastics market, that is, the standard tensile specimen is in tension, some traditional materials and other types of polymers are competing for the market of engineering plastics. For engineering plastic manufacturers, to meet such challenges, they must constantly improve the cost performance of products and expand the application fields of products

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