Eco-friendly and Versatile Engineering Polymers Nudge out Traditional Materials in the Mexican Automotive Industry, Finds Frost & Sullivan

Eco-friendly and Versatile Engineering Polymers Nudge out Traditional Materials in the Mexican Automotive Industry, Finds Frost & Sullivan PR Newswire MEXICO CITY, June 5, 2012 - Product differentiation critical to stave off the challenge from low- cost Asian imports MEXICO CITY, June 5, 2012 /PRNewswire/ -- Engineering polymers, with their ability to improve performance, safety and offer eco-friendly solutions, are finding rapid uptake in the Mexican automotive industry. The polymers' light weight enhances motor performance, which in turn reduces gas consumption and environmental degradation, while increasing the vehicle's resistance. Their cost efficiency, versatility and breadth of applications are helping them gradually edge out the competition from traditional materials such as metal and glass. New analysis from Frost & Sullivan (http://www.chemicals.frost.com), Mexican Market for Engineering Polymers in the Automotive Industry, finds that the market earned revenues of over $757.5 million in 2011 and estimates this to reach $1.31 billion in 2017 with a compound annual growth rate (CAGR) of 9.6 percent. The following markets are examined within this research: acrylonitrile butadiene styrene (ABS), polyamides (PA), polycarbonate (PC), polyoxymethylate (POM), and polybutylene terephtalate (PBT). If you are interested in more information on this research, please send an email to Jeannette Garcia, Corporate Communications, at jeannette.garcia@frost.