good price Plasticizer Excipients Vietnam

  • good price Plasticizer Excipients Vietnam
  • good price Plasticizer Excipients Vietnam
  • good price Plasticizer Excipients Vietnam
  • Does Vietnam have a plastics market?
  • Vietnam’s rapidly expanding plastics market is an attractive proposition to providers of innovative technologies. The country’s plastics market is projected to register a CAGR of more than 10% yearly from 2021-2026, according to Mordor Intelligence.
  • Are foreign companies investing in Vietnam's plastics industry?
  • Many foreign companies, in partnership with local Vietnam-based entities, are pouring large amounts of investments into Vietnam’s plastics manufacturing sector. For instance, in the construction plastics segment, the TienPhong Plastic JSC (NTP) and Binh Minh Plastic JSC (BMP) account for the bulk of the total market share.
  • How volatile is the plasticizers market?
  • With such a diverse range of applications, the plasticizers market can be volatile as it reacts to consumer trends, seasonality and regional supply. Buyers, sellers and traders must act quickly to make the most of market opportunities. This means constant access to the most current prices and data is key.
  • How have plasticizer imports impacted the oxo-alcohol industry?
  • Imports of all general-purpose plasticizers have been competitive, as freight rates fell and the local markets in Asia failed to show any demand improvement, particularly China on which hopes had been pinned. As gas prices and propylene costs have gradually come down, oxo-alcohol producers have been less squeezed.
  • How much plastic waste is piled up in Vietnam?
  • The World Bank has placed Vietnam among the top 4 countries with high volume of plastic waste. At 280,000 tons yearly, the country’s linear economy where the “take-make-dispose” model prevails has contributed to the huge plastic waste pile up.
  • What are the major cost components of plasticizers?
  • The key raw materials associated with the production of plasticizers are olefins, alcohols, and acids. Hence, the major cost components include raw materials, energy and equipment, labor, facilities and storage, and transportation.

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