techsciresearch's blog

The Vietnam Plastic Recycling Market is poised for steady growth, with projections estimating a CAGR of 3.72% between 2023 and 2028. This positive trend reflects Vietnam’s proactive stance on environmental sustainability, legislative support for plastic waste management, and rising corporate investments in circular economy initiatives. Amid increasing environmental awareness and policy-level shifts, plastic recycling is no longer just an environmental imperative but also an economic opportunity in Vietnam.

Introduction

The India Ethylene Market is witnessing consistent growth fueled by government-led initiatives, rising demand across downstream applications, and increasing industrialization across key Indian regions. As per TechSci Research, the market recorded a total volume of 6,127.51 thousand metric tonnes in 2024 and is projected to reach 7,206.77 thousand metric tonnes by 2030, expanding at a CAGR of 2.81% during the forecast period. This steady climb reflects the surging need for ethylene derivatives in sectors such as packaging, construction, automotive, and textiles.

The India Polycarbonate Market is on an impressive growth trajectory, projected to expand at a CAGR of 3.27% during 2026–2030. As demand surges from diverse industries such as automotive, electronics, construction, optical, and healthcare, polycarbonate’s superior performance and adaptability have made it a preferred material across high-performance applications. Driven by government initiatives, robust recycling frameworks, and rapid industrial innovation, the market’s outlook is both dynamic and sustainable.

Industry Key Features
1. Unmatched Material Characteristics

Introduction

The Vietnam Personal Care Ingredients Market is undergoing a transformative phase, fueled by rising awareness about personal hygiene, skincare innovations, increasing disposable income, and global consumer influence. As the Vietnamese population grows increasingly conscious of their appearance and health, demand for effective, safe, and sustainable personal care products is accelerating. This shift is reshaping ingredient sourcing, formulation, and product development strategies in the region.

The Carbon Black Market is poised for steady growth, projected to expand at a CAGR of 3.87% through 2029, driven by increasing demand from the automotive, plastics, and coatings industries. According to a recent report by TechSci Research, the market was valued at USD 21.75 billion in 2023 and is expected to witness sustained growth due to advancements in sustainable production technologies and stringent environmental regulations.

Industry Key Features

Introduction

The India Hydrogen Market is poised for significant expansion, projected to grow at a CAGR of 7.35% through 2030, driven by rising demand in key sectors such as fertilizers, refining, and clean energy. According to the TechSci Research report, the market reached 7.12 million tonnes in 2024, with green hydrogen emerging as a game-changer in India’s energy transition.

Industry Key Features
1. Rising Demand in the Fertilizers Sector

Introduction

The India PET Resins Market is poised for significant expansion, projected to grow at a CAGR of 6.20% through 2030. Driven by increasing demand in packaging, automotive, and textiles, the market is expected to benefit from government initiatives, sustainability trends, and technological advancements. According to a TechSci Research report, the market reached 1.23 million tonnes in 2024, with North India emerging as the fastest-growing region.

Introduction

The India Base Oil Market is poised for steady growth, projected to expand at a CAGR of 3.74% through 2030, driven by industrialization, infrastructure development, and rising demand for high-performance lubricants. According to a TechSci Research report, the market reached a volume of 3.59 billion liters in 2024, with metalworking fluids and South India emerging as key growth segments.

Introduction
The India Phenol Market is witnessing steady growth, driven by increasing demand from key industries such as pharmaceuticals, automotive, and construction. According to a recent report by TechSci Research, the market achieved a volume of 58.94 thousand Metric Tonnes in 2024 and is expected to grow at a CAGR of 3.25% through 2030.