Low input material price to support profit margins of plastic
- Classification:Chemical Auxiliary Agent, Chemical Auxiliary Agent
- Other Names:Plasticizer
- Purity:99%
- Type:Oil drilling
- Usage:Coating Auxiliary Agents, Leather Auxiliary Agents, Plastic Auxiliary Agents, Rubber Auxiliary Agents, Plastic Auxiliary Agents, Rubber Auxiliary Agents
- MOQ:25kg/bag
- Package:200kg/drum
- Sample:Availabe
- Application:Plasticizer
- Delivery:Within 7-15 Days
Vietnam is currently heavily dependent on the import of PVC resins input materials in the construction plastic production chain. In the second half of this year and 2023, Vietcombank Securities Co (VCBS) forecasts that a low PVC price will support profit margins
The Vietnam Plastics Market is expected to reach 10.92 million tons in 2024 and grow at a CAGR of 8.44% to reach 16.36 million tons by 2029. Far Eastern New Century, Hyosung Chemicals,
Low input material price to support profit margins of plastic
- Classification:Chemical Auxiliary Agent, Chemical Auxiliary Agent
- Other Names:Plasticizer
- Purity:99.6%, 99.6%
- Type:Plasticizer
- Usage:Plastic Auxiliary Agents, Rubber Auxiliary Agents
- MOQ:1000KG
- Package:25kg/drum
- Model Number:Plasticizer
According to VCBS, PVC prices in the second half of 2022 and in 2023 will remain at a low price level in the range of 800-1,000 USD per tonne, helping the profit margin of
In the second half of this year and 2023, Vietcombank Securities Co (VCBS) forecasts that a low PVC price will support profit margins of businesses. According to VCBS, PVC prices in the second half of 2022 and in
Rising prices of plastic materials put a burden on
- Classification:Chemical Auxiliary Agent, Chemical Auxiliary Agent
- Other Names:Plasticizer
- Purity:99.5% Min
- Type:Plasticizer
- Usage:Plastic Auxiliary Agents, Plasticizer
- MOQ:25kg/bag
- Package:200kg/drum
- Type:Adsorbent
The price of plastic resin increases sharply following the price of oil, putting pressure on plastic enterprises. This was also the lowest profit in the past 13 years. In 2022, Bình Minh Plastics sets a high growth business plan,
Vietnam’s plastic industry is placed in an unfavorable macroeconomic context Gross domestic product is lower than every year. GDP in the first six months of 2023 increased by 3.72%; this rate is quite low
Low input prices encourage local companies Vietnam
- Classification:Chemical Auxiliary Agent
- Other Names:Plasticizer
- Purity:99.5%min, 99.5%min
- Type:Plasticizer Colorless Oily Liquid for pvc and rubber
- Usage:Coating Auxiliary Agents
- MOQ:1000KG
- Package:25kg/drum
- Shape:Powder
- Item:T/T,L/C
The Rang Dong Plastics Joint-Stock Company also said that it generated 13.5 billion VND in the first quarter of the year, up 192 percent compared with the figure recorded in the same period
This market study uses a plastics value chain approach to evaluate Vietnam’s plastics recycling industry and its role in supporting a circular economy. due to changes in consumption patterns and a significant
Vietnam Plastics Market Size Mordor Intelligence
- Classification:Chemical Auxiliary Agent, Chemical Auxiliary Agent
- Other Names:Plasticizer
- Purity:99%, 99%
- Type:Adsorbent, Carbon Black
- Usage:Plastic Auxiliary Agents, Textile Auxiliary Agents
- MOQ:200kgs
- Package:200kgs/battle
- Advantage:Stable
The Vietnam Plastics Market is expected to reach 10.92 million tons in 2024 and grow at a CAGR of 8.44% to reach 16.36 million tons by 2029. Far Eastern New Century, Hyosung Chemicals, Nghi Son Refinery and Petrochemical (NSRP),
The OECD figure represents the lowest annual rate since the global financial crisis. In the background, high inflation rates, and recession fears remain a barrier to growth, especially in the beleaguered housing market. In
- How much plastic is lost in Vietnam?
- About 75% of the material value of the key plastics resins – approximately US$2.2 billion to US$2.9 billion per year – is lost in Vietnam when 2.62 million tonnes are disposed of annually rather than recycled into valuable materials. Several structural challenges cause a market failure for plastics recycling:
- Which plastic resins are recycled in Vietnam?
- The key plastic resins assessed in this study are: Polyethylene Terephthalate (PET), Low Density Polyethylene (LDPE), High Density Polyethylene (HDPE) and Polypropylene (PP). KEY FINDINGS Vietnam recycled about 33% of key plastics resins in 2019.
- Which technology will dominate the Vietnamese plastics market?
- Based on the aforementioned aspects, extrusion technology is expected to dominate the market. Packaging accounts for the largest share of the Vietnamese plastics market. Factors like light weight and thermal, chemical, and corrosion resistance make plastics a viable choice for packaging purposes in the Vietnamese market.
- Is plastic waste a problem in Vietnam?
- In 2019, Vietnam’s plastics industry produced 8.89 million tonnes of products, and the industry contributed an estimated US$17.5 billion to the national economy, representing 6.7 % of GDP. However, mismanaged plastics waste has serious economic, environmental, and social consequences.
- How big is the Vietnam plastics market?
- The Vietnam Plastics Market size is estimated at 10.92 Million tons in 2024, and is expected to reach 16.36 Million tons by 2029, growing at a CAGR of 8.44% during the forecast period (2024-2029). The COVID-19 pandemic affected the Vietnamese market negatively.
- How is Vietnam tackling plastics waste?
- Vietnam’s public and private sector stakeholders are increasingly active in addressing plastics waste. The Vietnam Government has set ambitious national plastics waste management goals to combat the economic and environmental consequences of mismanaged plastics waste nationally.