Vietnam Import Statistics of Plastic Plasticizer Morocco

  • Vietnam Import Statistics of Plastic Plasticizer Morocco
  • Vietnam Import Statistics of Plastic Plasticizer Morocco
  • Vietnam Import Statistics of Plastic Plasticizer Morocco
  • 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.
  • Why is plastic important in Vietnam?
  • Plastics are the backbone of the Vietnamese economy, a major source of employment, and significantly enhance export and import activities. The country produced 8.89 million tonnes of plastic products in 2019, and the plastic sector contributed approximately US$17.5 billion to the economy, representing 6.7 % of the GDP, according to the World Bank.
  • 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 Vietnam plastics market segmentation?
  • Based on type, the Vietnam plastics market segmentation includes polyethylene, polyethylene terephthalate, polyvinyl chloride, polypropylene, polycarbonate, polyurethane, and polystyrene, among others. On the basis of application, the market is divided into injection moulding, blow moulding, casting, thermoforming, and extrusion, among others.
  • 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.
  • Where is Nan Ya Plastics made?
  • Nan Ya Plastics Corporation introduced its plant in Vietnam in 2010 and has an annual plastic wrap production volume of 15,000 tons. The company operates the brand, FORMOSA WRAP, under its name. Its products are marketed to Southeast Asia, Africa, the USA, Europe, and India.

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