Mexico Recycled Plastics Market Report, Size, Growth, Overview 2022-2027


El nuevo informe de Informes de Expertos titulado ‘Mercado Mexicano de Plásticos Reciclados, Informe y Pronóstico 2022-2027′, ofrece un análisis profundo del mercado, evaluándolo por el tipo de plástico, la materia prima, la aplicación y las regiones. El informe analiza los factores clave de éxito y las limitaciones, también rastrea las últimas tendencias en la industria y estudia su impacto en el mercado en general. Además, evalúa la dinámica del mercado, cubriendo los indicadores clave de demanda y precio, junto con el análisis del mercado basado en los modelos FODA y las Cinco Fuerzas de Porter.

The new report by Informes de Expertos titled, ‘Mexico Recycled Plastics Market Report and Forecast 2022-2027’, gives an in-depth analysis of the market, assessing it based on plastic type, raw material, application, and key regions. The report analyses key success factors and constraints, tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2017-2027)

Forecast CAGR (2022-2027): X%

Mexico is one of the world’s leaders in plastic recycling. It is known for its high rate of recycling products made from polyethylene terephthalate (PET). The Mexican plastics sector recycles around 30% of the waste it generates annually, thanks to the participation of numerous prominent players that manufacture in Mexico. It is estimated that around 60% of the region’s recycled plastics are repurposed for the domestic market and the rest 40% is exported.

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There is a rising demand for recycled plastics in industries such as automotive, packaging, consumer goods, agriculture, textiles, and construction. Furthermore, recycled PET is increasingly being used to make bottles for packaged water and carbonated drinks. Due to the growing use of consumer electronics, there is also a growing demand for recycled plastics in the electrical and electronics as well as packaging industry. However, the market faces competition from virgin plastics because they have considerable quality and standard benefits over recycled plastics.

Industry Definition and Major Segments

Plastic recycling refers to the process of recovering scrap or waste plastic and reprocessing the material into useful products.

On the basis of plastic type, the market is divided into:

  • Polyethylene Terephthalate
  • High Density Polyethylene
  • Polypropylene
  • Low Density Polyethylene
  • Others

By raw material, the market is segmented into:

  • Plastic Bottles
  • Plastic Films
  • Rigid Plastic and Foam
  • Fibres
  • Others

Based on application, the report covers:

  • Packaging
  • Electrical and Electronics
  • Construction
  • Automotive
  • Agriculture
  • Household (Non-Packaging Use)
  • Others

Key regions covered in the study include:

  • Baja California
  • Northern Mexico
  • El Bajío
  • Central Mexico
  • Pacific Coast
  • Yucatan Peninsula

Market Trends

Factors such as rising disposable incomes and a growing population leading to an increased demand for packaged products are boosting the recycled plastics market. Moreover, government guidelines requiring industries to include recycling activities as part of their corporate social responsibility programs also promote industry growth.

Due to concerns over the amount of plastic waste and its impact on the environment, there is an increasing recycling initiative by both government and private organizations in the country to overcome plastic waste pollution. There have been numerous initiatives and reforms proposed that aim to establish policies and restrictions targeted at gradually reducing single-use plastic products and packaging. Several states like Veracruz, Baja California, and Durango, and a few of them have already implemented these laws, while others are still left to implement these legislations. These initiatives are creating opportunities for the growth of the recycled plastics market.

Key Industry Players

Some of the major global players in the industry are:

  • B. Schoenberg & Co., Inc
  • UltrePET, LLC
  • Carbonlite Inc.
  • Others

This report covers their profiles and provides information on expansions, investments and mergers and acquisitions, among other latest industry developments.

About Us:

Informes de Expertos the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

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Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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