mexico fast delivery chemical industry antioxidant rd
mexico fast delivery chemical industry antioxidant rd
mexico fast delivery chemical industry antioxidant rd
mexico fast delivery chemical industry antioxidant rd
mexico fast delivery chemical industry antioxidant rd
  • Will Mexico reimagine the chemical industry?
  • On the opposite side of the spectrum of growth, in the “reimagine the industry” pathway, Mexico could almost double the size of its chemical industry and add 4 percent to GDP over the next 15 years. 26$30 billion to $50 billion a year compared with total Mexican GDP of about $1.2 trillion.
  • Will Mexico become the world's tenth-largest chemical industry by 2035?
  • Should Mexico achieve its full potential, it would become the world’s tenth-largest chemical industry by 2035, on par with Brazil. For petrochemicals, the sector has the potential to grow $3 billion to $5 billion by serving local markets, reducing import dependence to about 10 percent, and increasing use of existing assets.
  • What can Mexico do for its chemical industry?
  • Expanding recycling production into non-PET plastics and hard-to-recycle applications of PET would also position Mexico’s chemical industry to service strong demand in export markets. Decarbonizing the industry with green hydrogen and green ammonia. Mexico has abundant solar and wind resources (for example, solar in the north and wind in Oaxaca).
  • Does Mexico have a thriving chemical sector?
  • In the past two decades, however, Mexico has lagged behind a thriving global chemical sector. Mexico has increasingly relied on imports, with the domestic sector facing structural challenges such as feedstock shortages, high energy costs, and limited innovation.

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