PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Engineering Plastics Market in Mexico Grows with Increasing Investments in Key Automotive End-use Sector Finds Frost & Sullivan - Production and sales of engineering plastics will continue to grow as new applications emerge - Chemicals.Frost.com
Engineering Plastics Market in Mexico Grows with Increasing Investments in Key Automotive End-use Sector Finds Frost & Sullivan

 

NewswireToday - /newswire/ - Sao Paulo, Brazil, 2013/07/02 - Production and sales of engineering plastics will continue to grow as new applications emerge - Chemicals.Frost.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The expansion of various industries owing to government incentives and favorable trade agreements, along with rising investments in the automotive sector have made Mexico an attractive market for engineering plastics. To be successful, engineering plastics manufacturers will need to overcome challenges such as low product differentiation and reduced domestic demand. While growth is certain, especially considering that the market recovered quickly from the global economic slowdown, the question is how fast it will grow over the next five years.

New analysis from Frost & Sullivan (chemicals.frost.com), Analysis of the Engineering Plastics Market in Mexico, finds that the market earned revenues of $1.24 billion in 2012 and estimates this to reach $1.67 billion in 2017. The research also covers topics such as industry challenges, market drivers, restraints, and emerging trends. Additionally, revenue forecasts are discussed for each resin: polyamide, acrylonitrile butadiene styrene, polycarbonate, polyoxymethylate and polybutylene terephthalate.

Engineering plastics are becoming popular as they are cost-effective, versatile and light, and are a suitable replacement for traditional materials such as metal, glass and wood. Engineering plastics also decrease cycle times, resulting in reduced costs as well as better design flexibility and aesthetics.

"The low cost of labor in Mexico, compared to traditional manufacturing countries like China, and the globally competitive cost structure of the country’s automotive industry have both encouraged market expansion," said Frost & Sullivan Chemicals, Materials & Food Research Analyst Mariana Guercia. "Incentives and tax exemptions to promote the set up of local plants further encourage industrial development, in turn boosting the potential of the engineering plastics market. In fact, the installation of local facilities by six automakers, as well as according to the National Association of Plastics Manufacturers (ANIPAC) the establishment of 800 auto parts manufacturers from other countries in the next five years, is already on the cards."

However, transformed products from these plants are exported since domestic demand is low. At the same time, most of the resins for production are imported. This high dependence on imports and the limited local demand makes Mexico vulnerable to global downturns. Domestic demand of transformed products with a higher value needs to be developed to stimulate market growth.

Another market challenge is that products from various engineering plastics manufacturers all have similar quality, creating pricing pressures and curbing market revenues. Producers need to discover new applications, increase product lifecycles, change raw materials from oil to a renewable source, and improve the cost-benefit ratio to enhance product differentiation and appeal to potential end users.

"Engineering plastic suppliers also need to provide value-added solutions to broaden their consumer base," suggested Guercia. "Offering technical support from the development to the post-sales phase will ensure customer loyalty."

Finally, the fragmented nature of the market in Mexico makes it necessary for vendors to build an extensive distribution network and ensure accessibility to customers.

If you are interested in more information on this research, please send an email to Francesca Valente, Corporate Communications, at francesca.valente[.]frost.com, with your full name, company name, job title, telephone number, company email address, company website, city, state and country.

Other research services offered under the Frost & Sullivan Chemicals & Materials Growth Partnership Service program include: Engineering Polymers Market in Colombia, Mexican Industrial Water and Wastewater Treatment Chemical Market, Pulp and Paper Chemicals Market in Brazil, and Brazilian Municipal Water and Wastewater Treatment Chemicals Market, among others. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion | Join Us: Join our community | Subscribe: Newsletter on "the next big thing" | Register: Gain access to visionary innovation

Analysis of the Engineering Plastics Market in Mexico / NC65-39

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Manufacturing/Robotics articles,
CATCH Visitors via Your Competitors Announcements!


Engineering Plastics Market in Mexico Grows with Increasing Investments in Key Automotive End-use Sector Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan | Engineering plastics
Publisher Contact: Francesca Valente - Frost.com 
+54 11 4777 5300 francesca.valente[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Manufacturing/Robotics via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Manufacturing/Robotics Most Recent Related Newswires:

BASF Expands Automotive Refinish Coatings Manufacturing to Asia Pacific
Alstom’s South African JV Gibela Successfully Handed Over to PRASA The First X’Trapolis Mega
Neptune Lines Reduces Fuel Consumption and Emissions with Hempaguard
BASF Launches Ucrete MF40AS Industrial Flooring System on the European Market
Raritan Unveils Intelligent Cabinet Concept in Collaboration with Legrand Data Communications At Gartner Conference
Beretta Continues Global Celebration of its 490th Anniversary with Unveiling of One-of-a-Kind Shotgun in New York City
LANXESS Virkon S Proven to Kill Highly Pathogenic Avian Influenza Strains
BASF to Offer Tailor-made Product Innovation At European Coatings Show
Nexans to Drive Sustainable Transportation At its Annual Technical Conference
Tripp Lite Introduces A New Series of Pre-assembled 40 Gb to 10 Gb Breakout Fiber Patch Panels
Borealis and Asmidal Sign Memorandum of Understanding to Jointly Evaluate Opportunities for Melamine Production in Algeria
SCHOTT’s New Ultra-Thin Glass is the Thinnest, Toughest, Most Eco-Friendly Glass for Consumer Electronics
Hexagon Manufacturing Intelligence Supplies PTB with Leitz PMM-G
Atlas Copco Completes Acquisition of Chinese Self-pierce Riveting Solutions Business
SCHOTT Introduces Superior X-ray Imaging with SCHOTT’s Fiber Optic Faceplates and BOROFLOAT® Glass

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Triggr & Bloom

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)