The 2025 UTECH Las Americas (hereinafter referred to as the UTECH Las Americas) will be held at the CENTRO BANAMEX Exhibition Center in Mexico City, Mexico from June 3 to 5. The exhibition is held once a year and is hosted by the American Krauss Company (EJK). The exhibition will cover polyurethane raw materials, polyurethane machinery and equipment, polyurethane finished products, polyurethane technology and others.
UTECH Las Americas provides the best opportunity for polyurethanes around the world to be in such a booming market, not only to meet decision makers from all over the Americas, but also to gain opportunities in related conferences.
Market Background
The polyurethane industry in Mexico is growing rapidly. The automotive industry accounts for 6% of the country’s GDP and 18% of Mexico’s manufacturing industry. Most of the major car brands have moved their factories here, which provides a good prospect for the polyurethane market.
The latest survey also shows that Mexico’s construction industry has shown rapid growth since 2014, accounting for 8.1% of the country’s GDP. This is also beneficial to the polyurethane market.
In 2015, the global polyurethane production was 22.6 million tons, of which Latin America produced about 833,000 tons. North America produced about 3.1 million tons. From 2014 to 2015, construction and insulation promoted the continued growth of the polyurethane industry in the North American Free Trade Area. It is expected that by 2019, new construction in South America will reach 1.5 million units/year, and Central America will reach 500,000 units/year.
In 2014, U.S. auto sales hit an eight-year high of 16 million vehicles, 60% of which were trucks and light commercial vehicles, with polyurethane accounting for 16% of the vehicle’s weight.
The International Monetary Fund (IMF) predicts that the US economy will grow by an average of 2.5% per year between 2016 and 2024, while the IMF also predicts that the Mexican economy will grow by an average of 3.1% per year during this period.