Home
Search History
Clear History
{{item.search_key}}
Hot Searches
Change
{{item.name}}
{{item.english_name}}
Subscribe eNews
Once A Week Once Every Two Weeks
{{sum}}
{{sum}}
Log in

Please Login

Subscribe To Tags, See What You Want To See

Sign Up For Events, Expand your network

Unlock Private Messages, Participate In Interactions

 Register

Hi.{{userInfo.company_name_english||userInfo.truename_english}} Hi.{{userInfo.truename||userInfo.phone||userInfo.email}}

Applications

Report: Innovative Plastics Technologies Propel Medical Device Advancement

Vianode and Ateios Systems to jointly develop next generation graphite electrodes

Indorama Ventures supports Brazilian project on ocean plastic recycling

Products

Toray sets to commercialize award-winning advanced photosensitive PI patterning technology

Haitian Plastics Machinery delivers injection molding turnkey project to XPENG’s Zhaoqing base

Orinko to unveil three high-performance specialty materials at CHINAPLAS 2026

Activities

  • Must-attend: CHINAPLAS x CPRJ Plastics Recycling and Circular Economy Conference in Shanghai

  • Beyond procurement: Exploring the concurrent events at CHINAPLAS 2026

  • Chinaplas2026 Preview Webinars | Smart Blow Moulding & AI Inspection (FREE)

Pictorial

News Videos

ALPLA: Global packaging, empowering China

Evonik: Going beyond chemical boundary, innovations for limit-less future

Jwell Machinery: Plastic machinery hard power in six major areas

Conference Videos

【Mandarin session: Webinar playback】HUSKY：From Injection Molding Machines to Temperature Controllers – Diversified Product Portfolio Breaks Through Molding Challenges and Empowers Advanced Applications in End-Use Segmented Markets – Pre-Show Analysis for Chinaplas

[Live Replay] ST BlowMoulding Group: How Smart, Energy-Efficient Blow Moulding Technology Drives Sustainability

【Mandarin session: Webinar playback】SACMI: Your Digitalized Manufacturing, Your Future Today

Corporate/Product Videos

Tool Sheds Extrusion Die for PP Furniture Extrusion Line Tooling TianRui Mould

Mingsanfeng professional cap mould， Working together to pave the way for the growth of bottle cap molds.

QINGDAO BOUNI introduction video

News
NEW
HOT
 Events
NEW
HOT
 SPE Asia
NEW
HOT
 Special
NEW
HOT
 Live
NEW
HOT
 eNews
NEW
HOT
 Essential Guide
NEW
HOT
 Event Calendar
NEW
HOT
 Survey
NEW
HOT
 CHINA INSIGHT
NEW
HOT

Home > News > Regional News

Southeast Asia as plastic innovation engine (I): EV and medical sectors

Source：Adsale Plastics Network Date ：2025-06-16 Editor ：RC
Copyright： This article was originally written/edited by Adsale Plastics Network (AdsaleCPRJ.com), republishing and excerpting are not allowed without permission. For any copyright infringement, we will pursue legal liability in accordance with the law.

Southeast Asian countries, collectively known as the ASEAN, have shown the ability to adapt prosper amid economic uncertainty.

 

With booming manufacturing sector, rising consumer goods demand, and increasing urbanization, the region’s plastics manufacturing sector has leveraged its strategic position within global supply chains and its diversified industrial base, including automotive, bio-plastics, medical devices, packaging, and chemicals.

 

According to Mordor Intelligence, preliminary growth reports suggest that Southeast Asia’s plastics sector will register a turnover of 32 million tons this year and grow by 4% to almost 39 million tons by 2030.

 

Regional EV growth accelerates

 

In recent years, Southeast Asia has intensified its efforts to ramp up policies for the adoption of electric vehicles (EVs), in response to the growing global take on carbon emissions reductions.

 

With strong growth potential in production and natural resources, Southeast Asia’s EV market is set to grow from US$1.5 billion in 2025 to US$6 billion by 2030, with a 32% CAGR, according to Mordor Intelligence.

 

Thailand, known as the "Detroit of Asia", is pushing ahead, aiming for 30% production by 2030 (725,000 cars, 675,000 motorcycles). The country has also significantly reduced excise tax for electric cars from 8% to 2% and offers import duty reductions of up to 40%, attracting manufacturers like China’s BYD, which recently opened its first Southeast Asian EV plant there.

 

Malaysia – Thailand’s neighbor – recently launched its first locally produced battery electric vehicle, called e-Mas, manufactured by national car brand Proton in collaboration with Chinese automaker Geely. Proton has also established a new R&D center in China to accelerate EV development.


Malaysia_Proton e.MAS 7 EV.jpg

Proton’s e.MAS 7 EV. (Source: Proton)

 

As the world’s top nickel producer, Indonesia is focusing on battery production. In 2023, the country produced 55 million tons of nickel, which was 42% of the global supply. It is staying on track to produce 140 gigawatt hours (GWh) of batteries by 2030, and last year, launched its first US$1 billion EV battery plant in Karawang, West Java, capable of powering 150,000 EVs annually.


See also: Indonesia targets 15 million EVs on the road by 2030

 

Meanwhile, the Philippines remains in the early planning stages. This is despite the transport sector contributing over 50% of outdoor air pollution in urban areas like Metro Manila. The shift to EVs is seen as a critical solution for improving urban air quality.

 

Despite strong growth potential, the Malaysian Investment Development Authority stated that Southeast Asia’s EV industry still faces key challenges, including high costs of EV batteries, shortages of parts, lack of EV experts and skills programs, electricity grid challenges and inconsistencies in EV charging standards and installation guidelines.

 

The US-ASEAN Business Council highlights foreign direct investment as crucial for overcoming these barriers and accelerating EV adoption in Southeast Asia.

 

Rapidly expanding medical sector

 

Southeast Asia’s medical devices sector is expanding rapidly, driven by rising healthcare demand, an aging population, and technological advancements. Data from Statista showed that the market is projected to reach US$12 billion by 2025 and US$16 billion by 2029 (+7.5% CAGR).

 

Malaysia is emerging as the fastest-growing market, focusing on ultrasound machines, MRI machines, in-vitro diagnostics, as well as orthopaedic and dental implants, according to Fitch Solutions. 

 

Vietnam is strengthening its position by investing in facilities that manufacture plastic-based medical consumables, while the Philippines and Indonesia are focusing on domestic demand for PPEs and medical supplies.

 

In Singapore, the market for medical devices is experiencing rapid growth due to the government's focus on enhancing healthcare infrastructure and promoting innovation in the medical technology sector.

 

However, the market faces regulatory hurdles, such as the recently introduced Cybersecurity Labelling Scheme for Medical Devices, which may increase compliance costs for manufacturers and limit market access to unlabeled products.


 Like 丨  {{details_info.likes_count}}
ASEAN
Electric vehicles
Medical
Automotive
 Tangshan Zhonghao Chemical Co., Ltd      
 Guang Dong Veryone Technology Co.,Ltd.      
 NINGBO YUFINE PRECISION INDUSTRY CO., LTD.      
 WUHAN CHANGXIN PLASTIC MACHINERY CO.,LTD.      
 DSP CHEMICAL CO.,LTD      
 Chongqing Woerfu Chemical Co.,Ltd      
 HUIZHOU LITUO ADVANCED MATERIALS CO.,LTD.      
 MOTAN TAICANG CO., LTD.      
 SHANGHAI HUIDE SCIENCE AND TECHNOLOGY CO., LTD.      
 Taizhou Huangyan Zhengwei Mould Co.,Ltd      
 SUZHOU UNIKING NEW MATERIAL CO., LTD      
 Beijing Chemical Industry Group CO.,LTD      
 SUZHOU GELEFU M&E TECHNOLOGY CO., LTD.      
 GUANGDONG HTASO NEW MATERIALS TECHNOLOGY CO.,LTD      
 CHUZHOU SEP MATERIAL CO,LTD.      
 BRUECKNER MASCHINENBAU GMBH      

The content you're trying to view is for members only. If you are currently a member, Please login to access this content.   Log in

Source：Adsale Plastics Network Date ：2025-06-16 Editor ：RC
Copyright： This article was originally written/edited by Adsale Plastics Network (AdsaleCPRJ.com), republishing and excerpting are not allowed without permission. For any copyright infringement, we will pursue legal liability in accordance with the law.

Southeast Asian countries, collectively known as the ASEAN, have shown the ability to adapt prosper amid economic uncertainty.

 

With booming manufacturing sector, rising consumer goods demand, and increasing urbanization, the region’s plastics manufacturing sector has leveraged its strategic position within global supply chains and its diversified industrial base, including automotive, bio-plastics, medical devices, packaging, and chemicals.

 

According to Mordor Intelligence, preliminary growth reports suggest that Southeast Asia’s plastics sector will register a turnover of 32 million tons this year and grow by 4% to almost 39 million tons by 2030.

 

Regional EV growth accelerates

 

In recent years, Southeast Asia has intensified its efforts to ramp up policies for the adoption of electric vehicles (EVs), in response to the growing global take on carbon emissions reductions.

 

With strong growth potential in production and natural resources, Southeast Asia’s EV market is set to grow from US$1.5 billion in 2025 to US$6 billion by 2030, with a 32% CAGR, according to Mordor Intelligence.

 

Thailand, known as the "Detroit of Asia", is pushing ahead, aiming for 30% production by 2030 (725,000 cars, 675,000 motorcycles). The country has also significantly reduced excise tax for electric cars from 8% to 2% and offers import duty reductions of up to 40%, attracting manufacturers like China’s BYD, which recently opened its first Southeast Asian EV plant there.

 

Malaysia – Thailand’s neighbor – recently launched its first locally produced battery electric vehicle, called e-Mas, manufactured by national car brand Proton in collaboration with Chinese automaker Geely. Proton has also established a new R&D center in China to accelerate EV development.


Malaysia_Proton e.MAS 7 EV.jpg

Proton’s e.MAS 7 EV. (Source: Proton)

 

As the world’s top nickel producer, Indonesia is focusing on battery production. In 2023, the country produced 55 million tons of nickel, which was 42% of the global supply. It is staying on track to produce 140 gigawatt hours (GWh) of batteries by 2030, and last year, launched its first US$1 billion EV battery plant in Karawang, West Java, capable of powering 150,000 EVs annually.


See also: Indonesia targets 15 million EVs on the road by 2030

 

Meanwhile, the Philippines remains in the early planning stages. This is despite the transport sector contributing over 50% of outdoor air pollution in urban areas like Metro Manila. The shift to EVs is seen as a critical solution for improving urban air quality.

 

Despite strong growth potential, the Malaysian Investment Development Authority stated that Southeast Asia’s EV industry still faces key challenges, including high costs of EV batteries, shortages of parts, lack of EV experts and skills programs, electricity grid challenges and inconsistencies in EV charging standards and installation guidelines.

 

The US-ASEAN Business Council highlights foreign direct investment as crucial for overcoming these barriers and accelerating EV adoption in Southeast Asia.

 

Rapidly expanding medical sector

 

Southeast Asia’s medical devices sector is expanding rapidly, driven by rising healthcare demand, an aging population, and technological advancements. Data from Statista showed that the market is projected to reach US$12 billion by 2025 and US$16 billion by 2029 (+7.5% CAGR).

 

Malaysia is emerging as the fastest-growing market, focusing on ultrasound machines, MRI machines, in-vitro diagnostics, as well as orthopaedic and dental implants, according to Fitch Solutions. 

 

Vietnam is strengthening its position by investing in facilities that manufacture plastic-based medical consumables, while the Philippines and Indonesia are focusing on domestic demand for PPEs and medical supplies.

 

In Singapore, the market for medical devices is experiencing rapid growth due to the government's focus on enhancing healthcare infrastructure and promoting innovation in the medical technology sector.

 

However, the market faces regulatory hurdles, such as the recently introduced Cybersecurity Labelling Scheme for Medical Devices, which may increase compliance costs for manufacturers and limit market access to unlabeled products.


全文内容需要订阅后才能阅读哦~
立即订阅
FUJIAN HONGKONG PETROCHEMICAL LIMITED KOKSAN CHINA POLYESTER CHIPS
ISO 8573-1 Class 0 oil-free air compressor manufacturer JC times button ad EN XIAMEN XINWANCAI POLYMER TECHNOLOGY CO.,LTD

Recommended Articles

Regional News
Indonesia forges green future for packaging and automotive industries
 2026-02-24
Regional News
Italy’s strong presence in Plastindia 2026
 2026-01-23
Regional News
Drop in exports, domestic market holding: Italian plastics and rubber processing machinery in 2025
 2026-01-09
Regional News
EU pilot actions to accelerate Europe’s transition to circular economy
 2026-01-08
Regional News
Vietnam’s GDP grows 8% in 2025
 2026-01-07
Regional News
Italian machine tool industry to expect moderate growth for 2026
 2026-01-05
WENZHOU CHAOXU MACHINERY CO.，LTD. Sino-Pack 2026 home page banner
  • Must See
    • News
    Images
    Watch it
1
Analysis: US-Israel strike on Iran creates uncertainty for China's chemical imports
2
Market report: Three key application areas boosting upgrades in plastic packaging
3
MAAG Group and SIKORA to present together at CHINAPLAS 2026
4
PLAST 2026 updates and a visit to Bandera
5
Discovering excellence: Dive into Moretto’s factories in Italy
1
Kingfa: Creation . Reproduce . Innovation
2
BASF: Next-generation solid-state battery pack unlocks electrical driven new dimension
3
A visit to Bandera
4
Opening Ceremony of Bechton's New Factory
5
PVC-O160-400 Production Line Trial Run Video
  • Hot Specials

You May Be Interested In

Change
  • People
  • Company
loading... No Content
{{[item.truename,item.truename_english][lang]}} {{[item.company_name,item.company_name_english][lang]}} {{[item.job_name,item.name_english][lang]}}
{{[item.company_name,item.company_name_english][lang]}} Company Name    {{[item.display_name,item.display_name_english][lang]}}  

Polyurethane Investment Medical Carbon neutral Reduce cost and increase efficiency CHINAPLAS Financial reports rPET INEOS Styrolution Evonik Borouge Polystyrene (PS) mono-material Sustainability Circular economy BASF SABIC Multi-component injection molding machine All-electric injection molding machine Thermoforming machine

Southeast Asia as plastic innovation engine (I): EV and medical sectors

识别右侧二维码，进入阅读全文
下载
x 关闭
订阅
亲爱的用户，请填写一下信息
I have read and agree to the 《Terms of Use》 and 《Privacy Policy》
立即订阅
Top
Feedback
Chat
News
Market News
Applications
Products
Video
In Pictures
Specials
Activities
eBook
Front Line
Plastics Applications
Chemicals and Raw Material
Processing Technologies
Products
Injection
Extrusion
Auxiliary
Blow Molding
Mold
Hot Runner
Screw
Applications
Packaging
Automotive
Medical
Recycling
E&E
LED
Construction
Others
Events
Conference
Webinar
CHINAPLAS
CPS+ eMarketplace
Official Publications
CPS eNews
Media Kit
Social Media
Facebook
Linkedin
Adsale Group ｜  About Us ｜  Terms of Use ｜  Privacy Policy ｜  Contact Us ｜  Media Kit ｜  Consent Letter for Processing Personal Data ｜