Product Code: ETC239250 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Vietnam Polypropylene Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 10.83% in 2025, climbs to a high of 12.58% in 2028, and moderates to 11.40% by 2029.
In the Asia region, the Polypropylene market in Vietnam is projected to expand at a high growth rate of 12.53% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
The Vietnam polypropylene market supplies polypropylene resin, a thermoplastic polymer used in diverse applications, including packaging, automotive, and construction. As the manufacturing sector in Vietnam expands, the demand for polypropylene continues to grow, supporting various industries reliant on this versatile material.
The Vietnam polypropylene market has experienced growth due to its wide-ranging applications in packaging, automotive, and consumer goods. A significant driver is the demand for polypropylene for its lightweight, durable, and cost-effective properties. In the packaging sector, polypropylene is utilized for the production of various containers, films, and bags. Additionally, the automotive industry relies on polypropylene for interior components, bumpers, and automotive parts. The consumer goods sector incorporates polypropylene into products such as appliances, toys, and household items, contributing to the market`s expansion.
Challenges in the Vietnam polypropylene market include price volatility in polypropylene raw materials and competition from alternative materials. Ensuring consistent product quality and addressing environmental regulations related to polypropylene production are ongoing challenges. Market players need to adapt to changing market demands and preferences for sustainable polypropylene products.
The COVID-19 pandemic significantly influenced the Vietnam polypropylene market. Disruptions in manufacturing and supply chain interruptions affected the production and distribution of polypropylene products. However, as various industries adapted to new norms and the demand for versatile polymer materials persisted post-pandemic, the market showed signs of recovery.
Prominent companies like Borealis Vietnam Co., Ltd., Thai Plastic and Chemicals, and SCG Chemicals are key players in the Vietnam polypropylene market. They are significant contributors to the production and distribution of polypropylene materials.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Polypropylene Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Polypropylene Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Polypropylene Market - Industry Life Cycle |
3.4 Vietnam Polypropylene Market - Porter's Five Forces |
3.5 Vietnam Polypropylene Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Polypropylene Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Vietnam Polypropylene Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Vietnam Polypropylene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Polypropylene Market Trends |
6 Vietnam Polypropylene Market, By Types |
6.1 Vietnam Polypropylene Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Polypropylene Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Polypropylene Market Revenues & Volume, By Homopolymer, 2021-2031F |
6.1.4 Vietnam Polypropylene Market Revenues & Volume, By Copolymer, 2021-2031F |
6.2 Vietnam Polypropylene Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Polypropylene Market Revenues & Volume, By Injection Molding, 2021-2031F |
6.2.3 Vietnam Polypropylene Market Revenues & Volume, By Fiber & Raffia, 2021-2031F |
6.2.4 Vietnam Polypropylene Market Revenues & Volume, By Film & Sheet, 2021-2031F |
6.2.5 Vietnam Polypropylene Market Revenues & Volume, By Blow Molding, 2021-2031F |
6.3 Vietnam Polypropylene Market, By End-use Industry |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Polypropylene Market Revenues & Volume, By Packaging, 2021-2031F |
6.3.3 Vietnam Polypropylene Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.4 Vietnam Polypropylene Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.5 Vietnam Polypropylene Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.3.6 Vietnam Polypropylene Market Revenues & Volume, By Medical, 2021-2031F |
7 Vietnam Polypropylene Market Import-Export Trade Statistics |
7.1 Vietnam Polypropylene Market Export to Major Countries |
7.2 Vietnam Polypropylene Market Imports from Major Countries |
8 Vietnam Polypropylene Market Key Performance Indicators |
9 Vietnam Polypropylene Market - Opportunity Assessment |
9.1 Vietnam Polypropylene Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Polypropylene Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Vietnam Polypropylene Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Vietnam Polypropylene Market - Competitive Landscape |
10.1 Vietnam Polypropylene Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Polypropylene Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |