Dublin, Feb. 20, 2019 (GLOBE NEWSWIRE) -- 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. 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.

Owing to the aforementioned factors, the market is expected to reach a volume of 305,600 Tons by 2024, exhibiting a CAGR of 8.7% during 2019-2024.

Key Questions Answered in This Report:

• How has the Vietnam recycled plastics market performed so far and how will it perform in the coming years?
• What are the major materials in the Vietnam recycled plastics market?
• What are the key application segments in the Vietnam recycled plastics market?
• What are the key regions in the Vietnam recycled plastics market?
• What are the various stages in the value chain of the Vietnam recycled plastics market?
• What are the key driving factors and challenges in the Vietnam recycled plastics market?
• What is the structure of the Vietnam recycled plastics market and who are the key players?
• What is the degree of competition in the Vietnam recycled plastics market?
• How are recycled plastics manufactured?

Key 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/p6ps3j/vietnam_recycled?w=12

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Related Topics: Plastics, Recycling and Recycled Materials

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