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Petrochemical Manufacturing in Mexico Industry Data and Analysis
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What's included in this industry analysis
IBISWorld's research coverage on the Petrochemical Manufacturing industry in Mexico includes market sizing, forecasting, data and analysis from 2009-2024. The most recent publication was released April 2019.
About this industry
What's this industry report about?
The Petrochemical Manufacturing industry in Mexico operates under the NAICS industry code 32511MX. The Petrochemical Manufacturing industry in Mexico is primarily engaged in manufacturing acyclic hydrocarbons, such as ethylene, propylene and butylene, as well as manufacturing cyclic aromatic hydrocarbons, such as benzene, toluene, styrene, xylene, ethyl benzene and cumene. These products are derived from refined petroleum, liquid hydrocarbons or natural gas. This industry excludes industrial gas manufacturing and basic inorganic and organic chemicals manufacturing. Over the five years to 2019, the industry has experienced a sharp decline in revenue due to large decreases in the world prices of crude oil and natural gas, which are key inputs for operators in this industry. As the prices of these input commodities decline, petrochemical producers have to lower their product prices to retain customers. Over the five years to 2024, the industry is expected to slightly recover, as the decline in the world price of oil is expected to slow and the world price of natural gas is expected to return to growth. Related terms covered in the Petrochemical Manufacturing industry in Mexico include ethylene, hazardous air pollutants (haps), petrochemical and propylene.
What's included in this industry?
Products and services covered in Petrochemical Manufacturing industry in Mexico include Ethylene and ethane derivatives, Aromatics (benzene, toluene, xylene, etc.) and Propylene, propylene derivatives and other petrochemicals.
What companies are included in this industry?
Companies covered in the Petrochemical Manufacturing industry in Mexico include Petróleos Mexicanos, Braskem SA and Grupo Idesa SA.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Petrochemical Manufacturing industry in Mexico.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Petrochemical Manufacturing industry in Mexico.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Petrochemical Manufacturing industry in Mexico.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Petrochemical Manufacturing industry in Mexico. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the Petrochemical Manufacturing industry in Mexico. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Petrochemical Manufacturing industry in Mexico. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Petrochemical Manufacturing industry in Mexico. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Petrochemical Manufacturing industry in Mexico.
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Frequently Asked Questions
What is the estimated market size of the Petrochemical Manufacturing industry in Mexico in 2019?
The market size of the Petrochemical Manufacturing industry in Mexico is $265.0bn in 2019.
How many businesses are there in the Petrochemical Manufacturing in Mexico industry in 2019?
There are 26 businesses in the Petrochemical Manufacturing industry in Mexico, which has declined at a CAGR of 1.6% between 2014 and 2019.
Has the Petrochemical Manufacturing industry in Mexico grown or declined over the past 5 years?
The market size of the Petrochemical Manufacturing industry in Mexico has been at a CAGR of -7.3% between 2014 and 2019.
What is the forecast growth of the Petrochemical Manufacturing industry in Mexico over the next 5 years?
The Petrochemical Manufacturing in Mexico market is forecast to over the five years from 2019 to 2024
What are the biggest companies in the Petrochemical Manufacturing industry in Mexico?
The biggest companies operating in the Petrochemical Manufacturing market in Mexico are Petróleos Mexicanos, Braskem SA and Grupo Idesa SA
What does the Petrochemical Manufacturing in Mexico include?
Manufacturing olefins made from refined petroleum or liquid hydrocarbons and Manufacturing polyolefins made from refined petroleum or liquid hydrocarbons are part of the Petrochemical Manufacturing industry.
Which companies have the highest market share in the Petrochemical Manufacturing in Mexico?
The company holding the most market share in Mexico is Petróleos Mexicanos.
How many people are/were employed in the Petrochemical Manufacturing in Mexico in 2019?
There are 18,441 employed in the Petrochemical Manufacturing industry in Mexico 2019.
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