The chemical industry in Mexico

CHEMICAL INDUSTRY

The Chemical and Petrochemical Industry is characterized by being the sector in which operations for the production of basic raw materials start. These operations conclude with the manufacture of products that are generally used as raw materials for other industries, and even for final consumption.

The chemical and petrochemical industry plays a key role in modern economies. It is a key industry as it is present in all areas of life, such as food, clothing, housing, communications, transport, etc. In addition, it plays a decisive role in the development of other sectors of the industry such as energy, computing, environmental, etc. Because of their multiplicative nature, their investments are anchors that promote spin-off industries, which is why countries that have a well-structured chemical industry generally have chained sectors in constant expansion and growth.  

 

Inorganic chemicals, as well as organic products, including petrochemicals, plastic resins, thermo-fixed resins, artificial and synthetic fibres, synthetic and chemical rubbers, as well as fertilizers and pesticides, are grouped into homogeneous sets of products, which make up the Chemical and Petrochemical Industry. This industry is a fundamental part for the development of numerous production chains, its products are present in virtually all activities of economic life; supplies more than 40 industrial branches and demands goods and services from more than 30 of them; integrated into raw materials and is a highly concentrated industry, the companies involved in it are large and very competitive

 

In Mexico, economic activities are grouped into three major sectors:

 

The "primary" sector: consisting of agriculture, livestock, fisheries, mining and, in general, activities to directly exploit natural resources.

 

In the "secondary" sector, all industries that transform raw materials into intermediate and final consumption products are integrated.

 

The tertiary or "services" sector consists of those activities that complement the previous ones and that is required for the system to work although they usually do not produce tangible objects or goods. These include trade, transport and financial services

 

CHEMICAL PRODUCTS MOST THAN MARKETED IN MEXICO

 

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