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Mexico plastics in automobile industry

The 2016-03-16

March 8 to 10,Mexico 2016 PlastimagenIn Mexico City, the exhibition is regarded as the first event of Latin America plastics industry.To take this opportunity, let us review reviewMexicoPlastic industry, especially automotive plastics industry.

At present, 70% of the Mexican car assembly plant auto parts are imported from auto level 2, level 3 suppliers, because Mexico local capacity and professional degrees are not enough.In this 70%, there is $6.4 billion injection molding parts.

For plastic industries in the United States and Canada is a big opportunity, but it can last long?For Mexico's local parts makers, from carmakers and pressure for the government.

Automobile production enterprises association news according to Mexico, and Mexico light-vehicle production is expected to continue to grow, annual production of 5 million cars by 2020.Deloitte&touche Tohmastsu ltd. Mexico in 2020 is expected to become the world's fifth largest car manufacturer, and after Mexico's auto production enterprises association, according to the news of Mexico in 2014, is the world's seventh largest car manufacturer.

It is obvious that Mexico's auto industry is growing.In May 2015, Deloitte company in Mexico, according to a report in the development of Mexico's auto workers earn only 20% of American workers, so the car made in Mexico significantly increased in the us market for granted.

If Mexico market development to the annual 5 million light vehicle production and more spare parts manufacturing, plastic company in Mexico ramping up production in the United States and Canada will face greater pressure.

Mexico's car industry is great sense in the United States and Canada supply base.Because many state-owned and world trade agreements, Mexico's export trade has increased, but still 75% of its auto production is exported to North America free trade area.

This and pay attention to Chinese manufacturers in the domestic market is different.Mexico at present domestic car market remains weak.Auto parts market situation is similar.According to the federal reserve information, since 2001, Mexican replaced Canada as the largest importer of motor vehicle parts.The change of the north American auto industry supply chain is all over North America this week plastic industry has focused on Mexico City.

Obviously, Mexico's industrial development, to some extent in the north American free trade area has played an important role.

(source: Plastics News)

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