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  • How big is the Vietnam plastics market?
  • Stay ahead with the latest trends and market analysis. The Vietnam plastics market size was nearly 10.27 million tonnes in 2024. The market is estimated to grow at a CAGR of 8.4% during 2025-2034, to reach around 21.38 million tonnes by 2034. Plastic is a critical material used in various sectors across the world.
  • Why is plastic used in packaging industry in Vietnam?
  • As per the Vietnam plastics market analysis, plastic is widely used in the packaging sector due to its durability, cost-effectiveness, sealability, flexibility, and design freedom, among others. Plastic packaging increases the shelf life of a product due to its durable nature.
  • 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.
  • Who makes PVS resins in Vietnam?
  • It deals in multiple PVS suspension resins, including SG580, SG660, SP660, and SG710. Other Vietnam plastics market players include Hyosung Corp., NSRP LLC, Vietnam Polystyrene co. Ltd., Siam Cement PCL, Far Eastern Group (FENC), Kanetora Vietnam Joint Stock Company, and Tamatra Co. Ltd.
  • Why are plasticizer prices rising in Asia-Pacific?
  • Asia The price trend for plasticizers showed an upwards trend in the the Asia-Pacific region during the first quarter owing to the domestic polymer segment's increased demand for the product as a result of better offtakes from China’s construction sector.