AP NEWS
This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.
PRESS RELEASE from provider: Business Wire
This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.

Vietnam Recycled Plastics Market Trends, Share, Size, Growth, Opportunity and Forecast (2019-2024): Expected to Reach a Volume of 305,600 Tons by 2024 - ResearchAndMarkets.com

February 19, 2019

DUBLIN--(BUSINESS WIRE)--Feb 19, 2019--The “Vietnam Recycled Plastics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report has been added to ResearchAndMarkets.com’s offering.

The Vietnam recycled plastics market reached a volume of 182,600 Tons in 2018. The market is expected to reach a volume of 305,600 Tons by 2024, exhibiting a CAGR of 8.7% during 2019-2024.

Plastic is present around us in huge quantities and accounts for almost 90% of the global municipal waste. This waste gets accumulated on land that can be used for other purposes, and thus recycling plastic offers an effective solution for clearing these landfill spaces.

Plastic recycling includes the reprocessing of post-consumer or post-industrial plastics instead of the virgin resin. Plastic is also recycled during the manufacture of plastic products such as polyethylene films and bags. A significant fraction of these plastics is further used in the manufacturing of several products such as footwear, bags, toys, fabrics, toothbrushes, etc.

Increasing prices of conventional plastics along with the growing concern for the environment represent the key factors driving the market for recycled plastics in Vietnam.

Recycling plastics reduces the amount of energy and natural resources needed to create virgin plastic. Therefore, shifting focus towards sustainability is boosting the demand for recycled plastics across the globe. Moreover, increasing local demand and lower labour costs has expanded the market in the country.

Topics Covered

1 Preface

2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.4 Market Estimation 2.5 Forecasting Methodology

3 Executive Summary

4 Vietnam Recycled Plastics Market 4.1 Market Overview 4.2 Market Performance 4.3 Market Breakup by Material 4.4 Market Breakup by Application 4.5 Market Breakup by Region 4.6 Market Forecast

5 SWOT Analysis 5.1 Strengths 5.2 Weaknesses 5.3 Opportunities 5.4 Threats

6 Value Chain Analysis

7 Porters Five Forces Analysis 7.1 Overview 7.2 Bargaining Power of Buyers 7.3 Bargaining Power of Suppliers| 7.4 Degree of Competition 7.5 Threat of New Entrants 7.6 Threat of Substitutes

8 Key Market Drivers and Success Factors

9 Market Breakup by Material 9.1 PET 9.2 PP 9.3 HDPE 9.4 Others

10 Market Breakup by Application 10.1 Non-Food Contact Packaging 10.2 Food Contact Packaging 10.3 Construction 10.4 Household Products

11 Market Breakup by Region 11.1 Southern Vietnam 11.2 Northern Vietnam 11.3 Central Vietnam

12 Competitive Landscape 12.1 Market Structure 12.2 Key Players 12.3 Profiles of Key Players 12.3.1 Vinh Thanh Corporation 12.3.2 Trinh Nghi Joint Stock Company 12.3.3 Import and Export Joint Stock Company Suwon Vina 12.3.4 Quynh Quyen Hung Yen Trading and Production Company 12.3.5 Trang Yen Plastic Trading Company Limited 12.3.6 Hung Phu Plastic Investment Company Limited 12.3.7 Tran Thanh Phat Company 12.3.8 Tin Thanh Plastic Production - Trading Co. Ltd 12.3.9 Hiep Phat Plastic Trading Manufacturing Co. Ltd. 12.3.10 Thien Phuoc Production & Trading Co. Ltd

For more information about this report visit https://www.researchandmarkets.com/research/4ltxsj/vietnam_recycled?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190219005617/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Plastics,Recycling and Recycled Materials

KEYWORD: VIET NAM ASIA PACIFIC

INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS OTHER MANUFACTURING

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 02/19/2019 09:46 AM/DISC: 02/19/2019 09:46 AM

http://www.businesswire.com/news/home/20190219005617/en