chemical industry continues to outpace for mexico market for sale

chemical industry continues to outpace for mexico market for sale
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  • Is the Mexican chemical industry ready to jump on the new investment?
  • After the intensive investment in operational agility implemented over the past year, the Mexican chemical industry is prepared to jump upon the new investment that will continue to flow into Mexico as nearshoring gains momentum.
  • Does Mexico have a chemical industry?
  • In the early 2000s, the Mexican chemical sector supplied most of the local manufacturing industries in the country. In the past two decades, however, Mexico has lagged behind a thriving global chemical sector.
  • How big is the chemical market in Mexico?
  • These indicators, together with data from statistical offices, trade associations and companies serve as the foundation for the Statista market models. The Chemicals market in Mexico is projected to grow by 1.26% (2025-2029) resulting in a market volume of US$8.7bn in 2029.
  • Why does Mexico rely on petrochemicals & agrochemicals?
  • In fact, Mexico’s chemical production has declined by about 30 percent in the past decade, mainly because of decreasing petrochemical and agrochemical production (Exhibit 1). As a result, Mexico now relies on significant imports of chemicals to support its local manufacturing industry.