The mexico plastic additive market size is expected to reach USD 2,054.65 million by 2034, according to a new study by Polaris Market Research. The report “Mexico Plastic Additive Market Size, Share, & Industry Analysis Report: By Plastic Type (Commodity Plastics, Engineering Plastics, and High Performance Plastics), and By End Use – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.
A plastic additive is a substance added to polymers to improve or modify their properties, such as strength, flexibility, durability, or resistance to heat, UV, and chemicals.
There’s a growing push for eco-friendly and sustainable solutions around the world, and Mexico is following this trend. Plastic additives are being developed from natural or recyclable materials. These green additives help reduce pollution and make plastics easier to recycle. They are especially important for companies that want to meet environmental standards or appeal to climate conscious products consumers. The demand for bio-based and recyclable additives is rising as businesses and governments emphasize sustainability. This shift toward greener materials plays a big role in boosting the plastic additives market in Mexico.
New technology is making plastic additives more effective and efficient. Scientists and engineers are constantly finding better ways to create additives that improve the quality of plastics. These modern additives can make plastics resistant to UV rays, fire, or bacteria, or help them last longer in tough conditions. Innovations also make it easier and cheaper to process plastics during manufacturing. Companies are more willing to use additives to improve their products as technology advances. In Mexico, these innovations are helping manufacturers stay competitive, pushing the demand for high-performance additives even higher.
Mexico Plastic Additive Market Report Highlights
In 2024, the commodity plastics segment dominated the market as these plastics, such as polyethylene (PE), polypropylene (PP), and polyvinyl chloride (PVC), are widely used in everyday applications such as packaging, household goods, and construction materials.
The flame retardants segment is expected to witness the fastest growth during the forecast period, driven by the increasing use of flame-resistant plastics in construction, automotive, and electronics industries.
A few global key market players are Everlight Chemical Industrial Corp; Perfect Colourants & Plastics Pvt.; Polynt S.p.A.; Mexichem, S.A.B. de C.V. (Orbia Advance Corporation S.A.B. de CV); BASF Mexicana SA de CV; Evonik Industries de Mexico SA; M.A. Hanna De Mexico (Avient Corporation); Avient Corporation; LyondellBasell Industries; Huntsman de Mexico, S.A. de C.V.; and PPG Industries, Inc.
Polaris Market Research has segmented the Mexico plastic additive market report on the basis of product, plastic type, and end use:
By Product (Revenue USD Million, 2020–2034)
Plasticizers
Flame Retardants
Impact Modifiers
Antioxidants
Antimicrobials
UV Stabilizers
Other
By Plastic Type (Revenue USD Million, 2020–2034)
Commodity Plastics
Engineering Plastics
High Performance Plastics
By End Use (Revenue USD Million, 2020–2034)
Packaging
Automotive
Consumer Goods
Construction
Other
- 1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
- 2. Executive Summary
- 2.1. Market Highlights
- 3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
- 4. Mexico plastic additive market Insights
- 4.1. Mexico plastic additive market – Market Snapshot
- 4.2. Mexico plastic additive market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rising Urbanization
- 4.2.1.2. Rising Demand from Major Mexican Industries
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High Initial Investment
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Mexico plastic additive market Trends
- 4.6. Value Chain Analysis
- 5. Mexico plastic additive market, by Product
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Mexico plastic additive market, by Product, 2020-2034 (USD million)
- 5.3. Plasticizers
- 5.3.1. Mexico plastic additive market, by Plasticizers, 2020–2034 (USD million)
- 5.4. Flame Retardants
- 5.4.1. Mexico plastic additive market, by Flame Retardants, 2020–2034 (USD million)
- 5.5. Impact Modifiers
- 5.5.1. Mexico plastic additive market, by Impact Modifiers, 2020–2034 (USD million)
- 5.6. Antioxidants
- 5.6.1. Mexico plastic additive market, by Impact Modifiers, 2020–2034 (USD million)
- 5.7. Antimicrobials
- 5.7.1. Mexico plastic additive market, by Antimicrobials, 2020–2034 (USD million)
- 5.8. UV Stabilizers
- 5.8.1. Mexico plastic additive market, by UV Stabilizers, 2020–2034 (USD million)
- 5.9. Other
- 5.9.1. Mexico plastic additive market, by Other, 2020–2034 (USD million)
- 6. Mexico plastic additive market, by Plastic Type
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Mexico plastic additive market, by Plastic Type, 2020-2034 (USD million)
- 6.3. Commodity Plastics
- 6.3.1. Mexico plastic additive market, by Commodity Plastics, 2020–2034 (USD million)
- 6.4. Engineering Plastics
- 6.4.1. Mexico plastic additive market, by Engineering Plastics, 2020–2034 (USD million)
- 6.5. High Performance Plastics
- 6.5.1. Mexico plastic additive market, by High Performance Plastics, 2020–2034 (USD million)
- 7. Mexico plastic additive market, by End Use
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Mexico plastic additive market, by Plastic Type, 2020-2034 (USD million)
- 7.3. Packaging
- 7.3.1. Mexico plastic additive market, by Packaging, 2020–2034 (USD million)
- 7.4. Automotive
- 7.4.1. Mexico plastic additive market, by Automotive, 2020–2034 (USD million)
- 7.5. Consumer Goods
- 7.5.1. Mexico plastic additive market, by Consumer Goods, 2020–2034 (USD million)
- 7.6. Construction
- 7.6.1. Mexico plastic additive market, by Construction, 2020–2034 (USD million)
- 7.7. Other
- 7.7.1. Mexico plastic additive market, by Other, 2020–2034 (USD million)
- 8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
- 9. Company Profiles
- 9.1. Everlight Chemical Industrial Corp
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
- 9.2. Perfect Colourants & Plastics Pvt.
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
- 9.3. Polynt S.p.A.
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
- 9.4. Mexichem, S.A.B. de C.V. (Orbia Advance Corporation S.A.B. de CV)
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
- 9.5. BASF Mexicana SA de CV
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
- 9.6. Evonik Industries de Mexico SA
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
- 9.7. M.A. Hanna De Mexico (Avient Corporation)
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
- 9.8. Avient Corporation
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
- 9.9. LyondellBasell Industries
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
- 9.10. Huntsman de Mexico, S.A. de C.V.
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development
- 9.11. PPG Industries, Inc.
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Product Benchmarking
- 9.11.4. Recent Development
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