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  • What are the raw materials used to make plastics in Thailand?
  • The raw materials used to produce plastics include cellulose, coal, natural gas, salt, crude oil, etc. The Thailand plastics market is segmented by type and application. By type, the market is segmented into traditional plastics, engineering plastics, and bioplastics.
  • What factors affect the growth rate of plastic market in Thailand?
  • The growth rate of the market depends on several factors, including the ongoing advancements in plastic manufacturing technology, the increased investments, mergers, and acquisitions in the plastic market in Thailand and the innovation in plastic technologies, including lightweight materials and advanced applications.
  • How big is Thailand plastic market?
  • Request Free Sample in PDF Thailand Plastic Market size is estimated to grow by USD 8.63 billion from 2022 to 2026 and the market’s growth momentum will accelerate at a CAGR of 5%.
  • Will recycled polyethylene terephthalate increase pet penetration in Thailand?
  • In May 2022, a Thailand-based company named ENVICCO Limited started a new recycled plastic plant with the capacity to manufacture around 45,000 metric tons per year of recycled polyethylene terephthalate at Map Ta Phut, Rayong, Thailand. This will likely increase PET penetration in Thailand's plastics market.
  • Why is Thailand acquiring a terephthalate recycling company?
  • Thailand's Indorama Ventures, the world's top producer of PET, in November 2020, announced spending USD 1.5 billion to triple its plastics recycling operations to increase the demand among green-minded beverage producers. Indorama has been acquiring companies that recycle polyethylene terephthalate in recent years.