low price What are plasticizers Vietnam

  • low price What are plasticizers Vietnam
  • low price What are plasticizers Vietnam
  • low price What are plasticizers Vietnam
  • 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.

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