Binh Minh Plastic (HSX: BMP) and Tien Phong Plastics (HNX: NTP) are the two dominant players in the domestic plastic pipe market, collectively holding 55% market share. Following our BMP initiation report BMP [BUY +47.5%] - Value with catalyst dated June 5, 2019, this report takes a closer look at NTP and the competitive landscape in the plastic pipe industry. We expect a positive trend of recovery for BMP and NTP as domestic construction demand remains healthy while competition