Plastics Industry News Today (June 9, 2025): Strong Growth but Still Facing Challenges Regarding Recycling and Raw Materials

📌 Quick summary:

  • Vietnam's plastic exports in the first half of 2025 increased by more than 321 tons compared to the same period last year.

  • Imports of scrap plastic are high, but only about 30–331 TP3T are recycled.

  • The trends of bioplastics, circular recycling, and high technology are on the rise.

  • The domestic plastics industry market is facing significant fluctuations in the price of imported raw materials.

🚀 Vietnam's plastics industry continues to experience impressive growth.

According to the latest report, Vietnam's plastics industry is experiencing rapid growth, with estimated production reaching approximately... 11.84 million tons in 2025 and forecast to reach the milestone 17.76 million tons by 2030This is one of the fastest-growing industries, making a significant contribution to Vietnam's export turnover.

📈 Plastic exports surge

In the first half of 2025, plastic exports recorded growth. on 32%, obtain $3.15 billionThis is mainly due to stable demand from the US and European markets.

⚠️ Major Challenge: Recycling and Raw Material Supply

♻️ Plastic recycling still faces many challenges.

Regardless The world's fourth largest importer of plastic waste.Vietnam currently only recycles about , 1/3 of importsThe main reason is:

  • Sorting and processing infrastructure is underdeveloped.

  • Much of the recycling activity takes place in traditional craft villages, which do not meet environmental standards.

⛽ Heavily reliant on imported raw materials

Vietnam's plastics industry remains dependent on 80–90% raw materials are sourced from abroad.Materials such as PET, PVC, and PP expose businesses to significant risks when raw material prices fluctuate and supply chains are disrupted.

🌱 Opportunities arising from the trends in bioplastics and the circular economy

In response to the challenge of plastic pollution, many businesses are shifting their focus to alternative products. biodegradable plastics and apply circular economy modelSome key highlights:

  • Biodegradable plastic packaging is becoming increasingly popular in the F&B and fast-moving consumer goods industries.

  • Many domestic brands such as Duy Tan, An Phat, Dai Dong Tien… are investing heavily in recycling lines that meet international standards.

🏗️ Technology and exhibitions in the plastics industry attract attention.

Fair HanoiPlas 2025 The event, which recently took place, attracted hundreds of domestic and international businesses showcasing solutions related to:

  • Plastic extrusion machine, automated injection molding technology.

  • Smart plastic waste sorting system.

  • Advanced technology for producing recycled plastic granules.

Conclusion

The Vietnamese plastics industry is entering a new phase. strong growthbut also face many challenges. environmental and raw material challenges. Job Transition to bioplastics and enhance recycling capacity. It's not just a trend, but also an urgent requirement for sustainable development in the context of globalization and increasingly stringent green standards.

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