The Mexican engineering plastics market is vast, and many enterprises have settled in and set up factories
since the economic crisis in 2007, the Mexican engineering plastics market has developed rapidly. Its market revenue reached $1.25 billion in 2012, and its sales volume reached 357500 tons. This rapid development comes from the development of the local automobile industry, the general trend of replacing traditional materials with engineering plastics, and the stimulus policies and preferential trade agreements of the local government. The market capacity is expected to reach 515700 tons in 2017, achieving a market revenue of $1.68 billion, with a compound annual growth rate of 6.1%
more and more OEM manufacturers set up factories in Mexico
the more intelligent automotive industry uses 76% of Mexico's engineering plastics. In the next five years, we will get better results from six automobile manufacturers and 800 parts manufacturers will set up factories in Mexico. Therefore, the consumption of engineering plastics in the automotive sector is expected to rise by 6% in 2013. Mercedes Benz, Tata Motors, Nissan, Audi, Mazda and Honda have decided to establish new plants in Mexico. These plants will be put into use from 2014 to 2016w = FS, indicating impact force = force * displacement year. In addition, Mitsubishi will also open an auto parts factory in Mexico in 2014
low taxes and low production costs
some Mexican States provide incentives and tax exemption policies for auto manufacturers who want to establish auto factories. In addition, the Mexican government has also implemented the decree on the promotion of manufacturing, bonded assembly industry and export services (hereinafter referred to as "IMMEX decree"), which stipulates that manufacturers and dealers can exempt from tax those who purchase processed goods from companies that establish headquarters in Mexico and use them for export or in the process of exporting products
engineering plastics can be used to replace daily plastics, metals and glass.
engineering plastics can not only reduce weight and increase the service life of products, but also reduce costs and improve the design adaptability and aesthetics of products. Polyamide (PA) is widely used in automobile manufacturing to replace metal parts. Polymethylmethacrylate (PMMA) is used to replace glass used outdoors because of its safety. Polycarbonate (PC) is used to protect the displacement anomaly of the camera Jinan assay tensile testing machine in the following three steps:, microscope, telescope and other electronic and optical fields to replace traditional materials
in Mexico, engineering plastics account for only 5% of the total plastic market volume, but they generate 20% of the market revenue. The value of engineering plastics is 10 times that of daily-use plastics, and the market growth in engineering plastics will make the overall plastic market revenue three times that of the original
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