Eco-friendly Plasticizers Market-Global Industry Analysis Vietnam

  • Eco-friendly Plasticizers Market-Global Industry Analysis Vietnam
  • Eco-friendly Plasticizers Market-Global Industry Analysis Vietnam
  • Eco-friendly Plasticizers Market-Global Industry Analysis Vietnam
  • What are the key Vietnam plastics market trends?
  • One of the key Vietnam plastics market trends is the contribution of the sector to the Vietnamese economy. Plastics are the backbone of the Vietnamese economy, a major source of employment, and significantly enhance export and import activities.
  • How big is the plastics market in Vietnam in 2023?
  • The Vietnam plastics market reach 10.27 million tonnes in 2023 & estimated to grow at a CAGR of 8.4% to reach 21.38 million tonnes by 2032.
  • Does Vietnam's plastics recycling industry support a circular economy?
  • The Vietnam Government has set ambitious national plastics waste management goals to combat the economic and environmental consequences of mismanaged plastics waste nationally. This study uses a plastics value chain approach to evaluate Vietnam’s plastics recycling industry and its role in supporting a circular economy.
  • What are the different types of plastic materials used in Vietnam?
  • These sectors include packaging, textiles, transportation, healthcare, electronics, and consumer products, among others. Some most eminent and widely used plastic materials are acrylic, polycarbonate, polyethylene, and polypropylene, among others. The Vietnam plastics market demand is being supported by the robust growth of the packaging sector.
  • What is the growth rate of plastic market in 2024-2032?
  • The market is estimated to grow at a CAGR of 8.4% during 2024-2032, to reach around 21.38 million tonnes by 2032. Plastic is a critical material used in various sectors across the world. These sectors include packaging, textiles, transportation, healthcare, electronics, and consumer products, among others.
  • What percentage of Key Plastics Resins are recycled in Vietnam?
  • KEY FINDINGS Vietnam recycled about 33% of key plastics resins in 2019. 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.

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