Product Code: ETC029030 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Vietnam plastic extrusion equipment and machinery market have witnessed substantial growth, supported by the country`s flourishing plastic processing and manufacturing industries. Plastic extrusion is a vital process used in the production of various plastic products, including pipes, profiles, sheets, and films. The rising demand for plastic-based products in packaging, construction, and consumer goods has driven the need for efficient and high-performance extrusion equipment. Manufacturers in this market offer a wide range of extrusion machinery, including single-screw and twin-screw extruders, to cater to diverse plastic processing needs. Additionally, the market`s growth is driven by the increasing focus on adopting advanced technologies to improve product quality and reduce energy consumption in the plastic manufacturing sector.
The Vietnam plastic extrusion equipment and machinery market are driven by several significant drivers. Firstly, the country`s thriving plastic processing and manufacturing industries have fueled the demand for efficient and advanced extrusion equipment. Plastic extrusion is a vital process used in the production of a wide range of plastic products, and the growing demand for plastic-based packaging, construction materials, and consumer goods has led to increased investments in extrusion machinery. Additionally, the rising awareness of environmental concerns and the need for sustainable manufacturing practices have prompted manufacturers to adopt advanced extrusion technologies that reduce energy consumption and minimize waste generation. Moreover, the growing focus on producing high-quality plastic products with consistent specifications has further driven the adoption of modern and precision extrusion equipment in Vietnam plastic processing sector.
The Vietnam plastic extrusion equipment and machinery market encounter challenges related to environmental concerns and plastic waste management. As plastic extrusion is a significant contributor to plastic product manufacturing, there is a growing focus on reducing plastic waste and adopting sustainable practices. Manufacturers of plastic extrusion equipment need to innovate and develop technologies that promote recycling, reuse, and biodegradability of plastic materials. Additionally, the market faces challenges related to the availability of skilled labor and technical expertise to operate and maintain sophisticated extrusion machinery. Adequate training and skill development programs are essential to optimize the performance of plastic extrusion equipment and ensure product quality. Moreover, as environmental regulations become more stringent, the industry must adopt eco-friendly production processes and materials to mitigate the ecological impact of plastic manufacturing.
The COVID-19 pandemic had both positive and negative impacts on the Vietnam plastic extrusion equipment and machinery market. Initially, the disruptions in international trade and supply chains led to challenges in sourcing raw materials and machinery components. The temporary closure of plastic manufacturing facilities impacted production capacities and delayed equipment installations. However, the increased demand for plastic products, particularly in the medical and packaging sectors, drove the need for advanced plastic extrusion equipment to meet the surge in demand. Manufacturers in Vietnam embraced automation and technology upgrades to enhance productivity and improve the quality of plastic products, including medical devices, packaging materials, and essential goods. As the country focused on strengthening its domestic manufacturing capabilities, the plastic extrusion equipment market experienced a gradual recovery and adaptation to the changing demand landscape.
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 Plastic Extrusion Equipment and Machinery Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Plastic Extrusion Equipment and Machinery Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Plastic Extrusion Equipment and Machinery Market - Industry Life Cycle |
3.4 Vietnam Plastic Extrusion Equipment and Machinery Market - Porter's Five Forces |
3.5 Vietnam Plastic Extrusion Equipment and Machinery Market Revenues & Volume Share, By Machine Type, 2021 & 2031F |
3.6 Vietnam Plastic Extrusion Equipment and Machinery Market Revenues & Volume Share, By Process type, 2021 & 2031F |
3.7 Vietnam Plastic Extrusion Equipment and Machinery Market Revenues & Volume Share, By Solution, 2021 & 2031F |
4 Vietnam Plastic Extrusion Equipment and Machinery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Plastic Extrusion Equipment and Machinery Market Trends |
6 Vietnam Plastic Extrusion Equipment and Machinery Market, By Types |
6.1 Vietnam Plastic Extrusion Equipment and Machinery Market, By Machine Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Plastic Extrusion Equipment and Machinery Market Revenues & Volume, By Machine Type, 2021-2031F |
6.1.3 Vietnam Plastic Extrusion Equipment and Machinery Market Revenues & Volume, By Single-Screw, 2021-2031F |
6.1.4 Vietnam Plastic Extrusion Equipment and Machinery Market Revenues & Volume, By Twin-Screw, 2021-2031F |
6.2 Vietnam Plastic Extrusion Equipment and Machinery Market, By Process type |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Plastic Extrusion Equipment and Machinery Market Revenues & Volume, By Blown Film Extrusion, 2021-2031F |
6.2.3 Vietnam Plastic Extrusion Equipment and Machinery Market Revenues & Volume, By Sheet/Film Extrusion, 2021-2031F |
6.2.4 Vietnam Plastic Extrusion Equipment and Machinery Market Revenues & Volume, By Tubing Extrusion, 2021-2031F |
6.2.5 Vietnam Plastic Extrusion Equipment and Machinery Market Revenues & Volume, By Others, 2021-2031F |
6.3 Vietnam Plastic Extrusion Equipment and Machinery Market, By Solution |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Plastic Extrusion Equipment and Machinery Market Revenues & Volume, By New Sales, 2021-2031F |
6.3.3 Vietnam Plastic Extrusion Equipment and Machinery Market Revenues & Volume, By Aftermarket, 2021-2031F |
7 Vietnam Plastic Extrusion Equipment and Machinery Market Import-Export Trade Statistics |
7.1 Vietnam Plastic Extrusion Equipment and Machinery Market Export to Major Countries |
7.2 Vietnam Plastic Extrusion Equipment and Machinery Market Imports from Major Countries |
8 Vietnam Plastic Extrusion Equipment and Machinery Market Key Performance Indicators |
9 Vietnam Plastic Extrusion Equipment and Machinery Market - Opportunity Assessment |
9.1 Vietnam Plastic Extrusion Equipment and Machinery Market Opportunity Assessment, By Machine Type, 2021 & 2031F |
9.2 Vietnam Plastic Extrusion Equipment and Machinery Market Opportunity Assessment, By Process type, 2021 & 2031F |
9.3 Vietnam Plastic Extrusion Equipment and Machinery Market Opportunity Assessment, By Solution, 2021 & 2031F |
10 Vietnam Plastic Extrusion Equipment and Machinery Market - Competitive Landscape |
10.1 Vietnam Plastic Extrusion Equipment and Machinery Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Plastic Extrusion Equipment and Machinery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |