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Vietnam Construction Chemicals Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030

The Vietnam Construction Chemicals Market is segmented by End Use Sector (Commercial, Industrial and Institutional, Infrastructure, Residential) and by Product (Adhesives, Anchors and Grouts, Concrete Admixtures, Concrete Protective Coatings, Flooring Resins, Repair and Rehabilitation Chemicals, Sealants, Surface Treatment Chemicals, Waterproofing Solutions). Key Data Points observed include new construction floor area in residential, commercial, industrial and institutional sectors; existing construction floor area, infrastructure spending, and major infrastructure projects.

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Vietnam Construction Chemicals Market Size

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Vietnam Construction Chemicals Market Summary
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Icons Lable Value
svg icon Study Period 2018 - 2030
svg icon Market Size (2024) USD 447.58 Million
svg icon Market Size (2030) USD 629.36 Million
svg icon Largest Share by End Use Sector Industrial and Institutional
svg icon CAGR (2024 - 2030) 5.85 %
svg icon Fastest Growing by End Use Sector Commercial
svg icon Market Concentration Medium

Major Players

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*Disclaimer: Major Players sorted in alphabetical order.

Key Players

Compare market size and growth of Vietnam Construction Chemicals Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

Commodity Chemicals

Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

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Vietnam Construction Chemicals Market Analysis

The Vietnam Construction Chemicals Market size is estimated at 447.58 million USD in 2024, and is expected to reach 629.36 million USD by 2030, growing at a CAGR of 5.85% during the forecast period (2024-2030).

447.58 Million

Market Size in 2024 (USD)

629.36 Million

Market Size in 2030 (USD)

8.47 %

CAGR (2018-2023)

5.85 %

CAGR (2024-2030)

Largest Market by Product

29.75 %

value share, Waterproofing Solutions, 2023

Icon image

Waterproofing solutions hold the largest share due to widespread applications of waterproofing, such as roofings, walls, basements, water tank linings, bridge decks, etc., from the industrial and commercial sectors.

Fastest Market by Product

6.82 %

Projected CAGR, Surface Treatment Chemicals, 2024-2030

Icon image

Ease of application, low VOC content, and low-cost alternatives to concrete admixtures make them an ideal choice to protect concrete surfaces, and the surface treatment chemical segment is likely to witness the fastest growth.

Largest Market by End Use Sector

39.68 %

value share, Industrial and Institutional, 2023

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Due to the high demand for waterproofing solutions, flooring resins, concrete admixtures, etc., from the chemical, pharmaceutical, and food industries in the country, the industrial and institutional sectors hold the largest share.

Fastest Market by End Use Sector

6.21 %

Projected CAGR, Commercial, 2024-2030

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Increasing tourism and commercial construction projects, along with the rising foreign direct investments will support the country's commercial sector growth at a faster rate in the coming years.

Leading Company

19.44 %

market share, Sika AG, 2022

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The company's broad range of high-quality products, well-established network in the country, robust supply chain, and strategic expansions and acquisitions in the construction industry make it a major player in the market.

Vietnam is becoming a global manufacturing hub, boosting the growth of the market significantly

  • In 2022, Vietnam's construction chemicals market witnessed a 5.6% surge in demand, driven by a robust uptick in construction activities in the country. The construction industry was predicted to experience a 7.8% value growth in 2023, further fueling a projected 5.7% uptick in the demand for construction chemicals.
  • The industrial and institutional sectors emerged as the key consumers of construction chemicals in the country in 2022. This sector, with its expansive non-residential construction footprint and diverse requirements, exhibited a higher demand for these chemicals compared to the residential segment. In addition, these projects are typically funded by organizations, ensuring ample financial resources.
  • Furthermore, the commercial sector secured the second-highest demand for construction chemicals in 2022. Following the industrial and institutional sectors, the collective demand from commercial buildings outpaced other segments. Vietnam's emphasis on private investments, a thriving tourism industry, and a surging urban population have propelled construction and spending in this sector.
  • Moreover, there is a growing trend among firms to establish or relocate their manufacturing facilities to Vietnam, alongside potential investments in educational and healthcare infrastructure. Consequently, the industrial and institutional sectors are anticipated to witness the swiftest demand growth due to such favorable factors, with a projected CAGR of 6.24% during the forecast period (2023-2030).
Vietnam Construction Chemicals Market

Vietnam Construction Chemicals Market Trends

Rising domestic and international businesses are expected to boost commercial construction

  • The commercial sector in Vietnam witnessed a 10 million sq. ft increase in new floor construction from 2021 to 2022. Notably, the sector displayed a consistent year-on-year growth from 2018 to 2022. In 2022, several prominent projects, including Cadia Qui Nhon Mixed-Use Development, Iron Market Commercial Complex, and Crystal Holidays Harbor Van Don Tourism Resort and Entertainment Complex, bolstered the sector's expansion. Looking ahead, the demand for commercial spaces was projected to rise in 2023, with an estimated 7.4% increase in new floor area compared to 2022.
  • During the first half of 2020, the Vietnamese construction industry outpaced the nation's GDP growth, expanding by 4.5% compared to the 1.8% GDP growth. Despite the challenges posed by the COVID-19 pandemic, Vietnam's economy still managed a 2.9% growth in 2020. This resilience translated into the commercial sector's new floor area witnessing an 8% surge over 2019. Furthermore, buoyed by a notable 9.2% rise in foreign direct investment (FDI) in 2021, the construction of new commercial buildings escalated, propelling the sector's new floor area to grow by 5.51% from the previous year.
  • With its status as one of the world's fastest-growing economies and a sought-after tourist destination in Asia, Vietnam has emerged as an enticing investment hub. Leveraging its robust service sector and competitive labor standards, the country has garnered attention from both domestic and international investors. Against this backdrop, the construction of commercial spaces is projected to witness a CAGR of 4.62% during the forecast period of 2023-2030.
Vietnam Construction Chemicals Market

Rising urbanization and foreign direct investment to propel the growth of Vietnam's residential sector

  • In 2022, Vietnam's residential sector witnessed a 6.3% increase in new floor area construction, surpassing the figures from the previous year. This uptick was primarily driven by a surge in housing demand, resulting in a 4.5% uptick in the value of the country's residential real estate market. Looking ahead, the sector was projected to witness a 6.43% rise in new floor area construction in 2023. This growth was expected to be bolstered by an anticipated 18.1% increase in Vietnam's GDP per capita, highlighting the country's economic momentum.
  • The year 2020, marked by the COVID-19 pandemic, saw a notable 10.36% dip in new floor area construction compared to 2019. This decline was largely attributed to factors such as labor shortages due to travel restrictions, reduced per capita income, and consequent dampened demand for residential spaces. However, in 2021, as Vietnam began its recovery, the GDP rebounded to USD 366.14 billion, marking a 5.63% upswing from the previous year. Correspondingly, the residential sector saw a 5.85% increase in new floor area construction compared to 2020.
  • Driven by a burgeoning middle-class segment, Vietnam's demand for housing is poised to sustain its upward trajectory. This demand is further bolstered by rapid urbanization and evolving trends in share purchase and capital contribution, which facilitate foreign investors' access to construction-ready land plots. Additionally, Vietnam is in the process of amending its land and housing laws, aiming to safeguard the interests of both the public and investors. As a result, the residential sector is projected to witness volume growth at a CAGR of 5.51% during the forecast period of 2023-2030.
Vietnam Construction Chemicals Market

OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT

  • Rapidly growing manufacturing industries in the country to influence the sector growth
  • The impact of the government initiatives such as spending about USD 65 billion for infrastructure construction is expected to propel the growth

Vietnam Construction Chemicals Industry Overview

The Vietnam Construction Chemicals Market is moderately consolidated, with the top five companies occupying 45.68%. The major players in this market are Bestmix Corporation, Fosroc, Inc., MBCC Group, Saint-Gobain and Sika AG (sorted alphabetically).

Vietnam Construction Chemicals Market Leaders

  1. Bestmix Corporation

  2. Fosroc, Inc.

  3. MBCC Group

  4. Saint-Gobain

  5. Sika AG

Vietnam Construction Chemicals Market Concentration

Other important companies include Arkema, KKS GROUP, JSC., MAPEI S.p.A., MC-Bauchemie, RPM International Inc..

*Disclaimer: Major Players sorted in alphabetical order.

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Vietnam Construction Chemicals Market News

  • May 2023: Sika, a global leader in construction chemicals, acquired the MBCC Group, including its waterproofing solutions, anchors & grouts, flooring resins, repair & rehabilitation chemicals, and other businesses, with the exception of its concrete admixture operations in Europe, North America, Australia, and New Zealand.
  • February 2023: Master Builders Solutions, an MBCC Group brand, inaugurated a new offshore grout production plant in Taichung, Taiwan, in order to meet the ongoing demand of the offshore wind turbine market.
  • November 2022: Saint-Gobain's subsidiary, Chryso, introduced CHRYSO Dem Aqua 800, a vegetable oil emulsion-based mold release agent for different concrete applications to provide excellent surface finish quality, mold protection, HSE profile, and optimized consumption.

Free with this Report

We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 24+ free charts, the section covers rare data on newly built floor area, infrastructural spending, and existing construction floor area across residential, commercial, industrial and institutional sectors.

Vietnam Construction Chemicals Market
Vietnam Construction Chemicals Market
Vietnam Construction Chemicals Market
Vietnam Construction Chemicals Market

Vietnam Construction Chemicals Market Report - Table of Contents

  1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. REPORT OFFERS

  3. 1. INTRODUCTION

    1. 1.1. Study Assumptions & Market Definition

    2. 1.2. Scope of the Study​

    3. 1.3. Research Methodology

  4. 2. KEY INDUSTRY TRENDS

    1. 2.1. End Use Sector Trends​

      1. 2.1.1. Commercial

      2. 2.1.2. Industrial and Institutional

      3. 2.1.3. Infrastructure

      4. 2.1.4. Residential

    2. 2.2. Major Infrastructure Projects (current And Announced)

    3. 2.3. Regulatory Framework

    4. 2.4. Value Chain & Distribution Channel Analysis

  5. 3. MARKET SEGMENTATION (includes market size, forecasts up to 2030 and analysis of growth prospects.)

    1. 3.1. End Use Sector

      1. 3.1.1. Commercial

      2. 3.1.2. Industrial and Institutional

      3. 3.1.3. Infrastructure

      4. 3.1.4. Residential

    2. 3.2. Product

      1. 3.2.1. Adhesives

        1. 3.2.1.1. By Sub Product

          1. 3.2.1.1.1. Hot Melt

          2. 3.2.1.1.2. Reactive

          3. 3.2.1.1.3. Solvent-borne

          4. 3.2.1.1.4. Water-borne

      2. 3.2.2. Anchors and Grouts

        1. 3.2.2.1. By Sub Product

          1. 3.2.2.1.1. Cementitious Fixing

          2. 3.2.2.1.2. Resin Fixing

          3. 3.2.2.1.3. Other Types

      3. 3.2.3. Concrete Admixtures

        1. 3.2.3.1. By Sub Product

          1. 3.2.3.1.1. Accelerator

          2. 3.2.3.1.2. Air Entraining Admixture

          3. 3.2.3.1.3. High Range Water Reducer (Super Plasticizer)

          4. 3.2.3.1.4. Retarder

          5. 3.2.3.1.5. Shrinkage Reducing Admixture

          6. 3.2.3.1.6. Viscosity Modifier

          7. 3.2.3.1.7. Water Reducer (Plasticizer)

          8. 3.2.3.1.8. Other Types

      4. 3.2.4. Concrete Protective Coatings

        1. 3.2.4.1. By Sub Product

          1. 3.2.4.1.1. Acrylic

          2. 3.2.4.1.2. Alkyd

          3. 3.2.4.1.3. Epoxy

          4. 3.2.4.1.4. Polyurethane

          5. 3.2.4.1.5. Other Resin Types

      5. 3.2.5. Flooring Resins

        1. 3.2.5.1. By Sub Product

          1. 3.2.5.1.1. Acrylic

          2. 3.2.5.1.2. Epoxy

          3. 3.2.5.1.3. Polyaspartic

          4. 3.2.5.1.4. Polyurethane

          5. 3.2.5.1.5. Other Resin Types

      6. 3.2.6. Repair and Rehabilitation Chemicals

        1. 3.2.6.1. By Sub Product

          1. 3.2.6.1.1. Fiber Wrapping Systems

          2. 3.2.6.1.2. Injection Grouting Materials

          3. 3.2.6.1.3. Micro-concrete Mortars

          4. 3.2.6.1.4. Modified Mortars

          5. 3.2.6.1.5. Rebar Protectors

      7. 3.2.7. Sealants

        1. 3.2.7.1. By Sub Product

          1. 3.2.7.1.1. Acrylic

          2. 3.2.7.1.2. Epoxy

          3. 3.2.7.1.3. Polyurethane

          4. 3.2.7.1.4. Silicone

          5. 3.2.7.1.5. Other Resin Types

      8. 3.2.8. Surface Treatment Chemicals

        1. 3.2.8.1. By Sub Product

          1. 3.2.8.1.1. Curing Compounds

          2. 3.2.8.1.2. Mold Release Agents

          3. 3.2.8.1.3. Other Product Types

      9. 3.2.9. Waterproofing Solutions

        1. 3.2.9.1. By Sub Product

          1. 3.2.9.1.1. Chemicals

          2. 3.2.9.1.2. Membranes

  6. 4. COMPETITIVE LANDSCAPE

    1. 4.1. Key Strategic Moves

    2. 4.2. Market Share Analysis

    3. 4.3. Company Landscape

    4. 4.4. Company Profiles

      1. 4.4.1. Arkema

      2. 4.4.2. Bestmix Corporation

      3. 4.4.3. Fosroc, Inc.

      4. 4.4.4. KKS GROUP, JSC.

      5. 4.4.5. MAPEI S.p.A.

      6. 4.4.6. MBCC Group

      7. 4.4.7. MC-Bauchemie

      8. 4.4.8. RPM International Inc.

      9. 4.4.9. Saint-Gobain

      10. 4.4.10. Sika AG

  7. 5. KEY STRATEGIC QUESTIONS FOR CONCRETE, MORTARS AND CONSTRUCTION CHEMICALS CEOS

  8. 6. APPENDIX

    1. 6.1. Global Overview

      1. 6.1.1. Overview

      2. 6.1.2. Porter’s Five Forces Framework (Industry Attractiveness Analysis)

      3. 6.1.3. Global Value Chain Analysis

      4. 6.1.4. Market Dynamics (DROs)

    2. 6.2. Sources & References

    3. 6.3. List of Tables & Figures

    4. 6.4. Primary Insights

    5. 6.5. Data Pack

    6. 6.6. Glossary of Terms

List of Tables & Figures

  1. Figure 1:  
  2. FLOOR AREA OF NEW COMMERCIAL CONSTRUCTION, SQUARE FEET, VIETNAM, 2018 - 2030
  1. Figure 2:  
  2. FLOOR AREA OF NEW INDUSTRIAL AND INSTITUTIONAL CONSTRUCTION, SQUARE FEET, VIETNAM, 2018 - 2030
  1. Figure 3:  
  2. SPENDING ON INFRASTRUCTURE PROJECTS, USD, VIETNAM, 2018 - 2030
  1. Figure 4:  
  2. FLOOR AREA OF NEW RESIDENTIAL CONSTRUCTION, SQUARE FEET, VIETNAM, 2018 - 2030
  1. Figure 5:  
  2. VALUE OF CONSTRUCTION CHEMICALS CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 6:  
  2. VALUE OF CONSTRUCTION CHEMICALS CONSUMED BY END USE SECTOR, USD, VIETNAM, 2018 - 2030
  1. Figure 7:  
  2. VALUE SHARE OF CONSTRUCTION CHEMICALS CONSUMED BY END USE SECTOR, %, VIETNAM, 2018 VS 2023 VS 2030
  1. Figure 8:  
  2. VALUE OF CONSTRUCTION CHEMICALS CONSUMED IN COMMERCIAL SECTOR, USD, VIETNAM, 2018 - 2030
  1. Figure 9:  
  2. VALUE SHARE OF CONSTRUCTION CHEMICALS CONSUMED IN COMMERCIAL SECTOR, BY PRODUCT, %, VIETNAM, 2023 VS 2030
  1. Figure 10:  
  2. VALUE OF CONSTRUCTION CHEMICALS CONSUMED IN INDUSTRIAL AND INSTITUTIONAL SECTOR, USD, VIETNAM, 2018 - 2030
  1. Figure 11:  
  2. VALUE SHARE OF CONSTRUCTION CHEMICALS CONSUMED IN INDUSTRIAL AND INSTITUTIONAL SECTOR, BY PRODUCT, %, VIETNAM, 2023 VS 2030
  1. Figure 12:  
  2. VALUE OF CONSTRUCTION CHEMICALS CONSUMED IN INFRASTRUCTURE SECTOR, USD, VIETNAM, 2018 - 2030
  1. Figure 13:  
  2. VALUE SHARE OF CONSTRUCTION CHEMICALS CONSUMED IN INFRASTRUCTURE SECTOR, BY PRODUCT, %, VIETNAM, 2023 VS 2030
  1. Figure 14:  
  2. VALUE OF CONSTRUCTION CHEMICALS CONSUMED IN RESIDENTIAL SECTOR, USD, VIETNAM, 2018 - 2030
  1. Figure 15:  
  2. VALUE SHARE OF CONSTRUCTION CHEMICALS CONSUMED IN RESIDENTIAL SECTOR, BY PRODUCT, %, VIETNAM, 2023 VS 2030
  1. Figure 16:  
  2. VALUE OF CONSTRUCTION CHEMICALS CONSUMED BY PRODUCT, USD, VIETNAM, 2018 - 2030
  1. Figure 17:  
  2. VALUE SHARE OF CONSTRUCTION CHEMICALS CONSUMED BY PRODUCT, %, VIETNAM, 2018 VS 2023 VS 2030
  1. Figure 18:  
  2. VALUE OF ADHESIVES CONSUMED BY SUB PRODUCT, USD, VIETNAM, 2018 - 2030
  1. Figure 19:  
  2. VALUE SHARE OF ADHESIVES CONSUMED BY SUB PRODUCT, %, VIETNAM, 2018 VS 2023 VS 2030
  1. Figure 20:  
  2. VALUE OF HOT MELT ADHESIVES CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 21:  
  2. VALUE SHARE OF HOT MELT ADHESIVES CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 22:  
  2. VALUE OF REACTIVE ADHESIVES CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 23:  
  2. VALUE SHARE OF REACTIVE ADHESIVES CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 24:  
  2. VALUE OF SOLVENT-BORNE ADHESIVES CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 25:  
  2. VALUE SHARE OF SOLVENT-BORNE ADHESIVES CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 26:  
  2. VALUE OF WATER-BORNE ADHESIVES CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 27:  
  2. VALUE SHARE OF WATER-BORNE ADHESIVES CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 28:  
  2. VALUE OF ANCHORS AND GROUTS CONSUMED BY SUB PRODUCT, USD, VIETNAM, 2018 - 2030
  1. Figure 29:  
  2. VALUE SHARE OF ANCHORS AND GROUTS CONSUMED BY SUB PRODUCT, %, VIETNAM, 2018 VS 2023 VS 2030
  1. Figure 30:  
  2. VALUE OF CEMENTITIOUS FIXING ANCHORS AND GROUTS CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 31:  
  2. VALUE SHARE OF CEMENTITIOUS FIXING ANCHORS AND GROUTS CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 32:  
  2. VALUE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 33:  
  2. VALUE SHARE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 34:  
  2. VALUE OF OTHER TYPES ANCHORS AND GROUTS CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 35:  
  2. VALUE SHARE OF OTHER TYPES ANCHORS AND GROUTS CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 36:  
  2. VALUE OF CONCRETE ADMIXTURES CONSUMED BY SUB PRODUCT, USD, VIETNAM, 2018 - 2030
  1. Figure 37:  
  2. VALUE SHARE OF CONCRETE ADMIXTURES CONSUMED BY SUB PRODUCT, %, VIETNAM, 2018 VS 2023 VS 2030
  1. Figure 38:  
  2. VALUE OF ACCELERATOR CONCRETE ADMIXTURES CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 39:  
  2. VALUE SHARE OF ACCELERATOR CONCRETE ADMIXTURES CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 40:  
  2. VALUE OF AIR ENTRAINING ADMIXTURE CONCRETE ADMIXTURES CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 41:  
  2. VALUE SHARE OF AIR ENTRAINING ADMIXTURE CONCRETE ADMIXTURES CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 42:  
  2. VALUE OF HIGH RANGE WATER REDUCER (SUPER PLASTICIZER) CONCRETE ADMIXTURES CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 43:  
  2. VALUE SHARE OF HIGH RANGE WATER REDUCER (SUPER PLASTICIZER) CONCRETE ADMIXTURES CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 44:  
  2. VALUE OF RETARDER CONCRETE ADMIXTURES CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 45:  
  2. VALUE SHARE OF RETARDER CONCRETE ADMIXTURES CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 46:  
  2. VALUE OF SHRINKAGE REDUCING ADMIXTURE CONCRETE ADMIXTURES CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 47:  
  2. VALUE SHARE OF SHRINKAGE REDUCING ADMIXTURE CONCRETE ADMIXTURES CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 48:  
  2. VALUE OF VISCOSITY MODIFIER CONCRETE ADMIXTURES CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 49:  
  2. VALUE SHARE OF VISCOSITY MODIFIER CONCRETE ADMIXTURES CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 50:  
  2. VALUE OF WATER REDUCER (PLASTICIZER) CONCRETE ADMIXTURES CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 51:  
  2. VALUE SHARE OF WATER REDUCER (PLASTICIZER) CONCRETE ADMIXTURES CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 52:  
  2. VALUE OF OTHER TYPES CONCRETE ADMIXTURES CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 53:  
  2. VALUE SHARE OF OTHER TYPES CONCRETE ADMIXTURES CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 54:  
  2. VALUE OF CONCRETE PROTECTIVE COATINGS CONSUMED BY SUB PRODUCT, USD, VIETNAM, 2018 - 2030
  1. Figure 55:  
  2. VALUE SHARE OF CONCRETE PROTECTIVE COATINGS CONSUMED BY SUB PRODUCT, %, VIETNAM, 2018 VS 2023 VS 2030
  1. Figure 56:  
  2. VALUE OF ACRYLIC CONCRETE PROTECTIVE COATINGS CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 57:  
  2. VALUE SHARE OF ACRYLIC CONCRETE PROTECTIVE COATINGS CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 58:  
  2. VALUE OF ALKYD CONCRETE PROTECTIVE COATINGS CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 59:  
  2. VALUE SHARE OF ALKYD CONCRETE PROTECTIVE COATINGS CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 60:  
  2. VALUE OF EPOXY CONCRETE PROTECTIVE COATINGS CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 61:  
  2. VALUE SHARE OF EPOXY CONCRETE PROTECTIVE COATINGS CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 62:  
  2. VALUE OF POLYURETHANE CONCRETE PROTECTIVE COATINGS CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 63:  
  2. VALUE SHARE OF POLYURETHANE CONCRETE PROTECTIVE COATINGS CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 64:  
  2. VALUE OF OTHER RESIN TYPES CONCRETE PROTECTIVE COATINGS CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 65:  
  2. VALUE SHARE OF OTHER RESIN TYPES CONCRETE PROTECTIVE COATINGS CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 66:  
  2. VALUE OF FLOORING RESINS CONSUMED BY SUB PRODUCT, USD, VIETNAM, 2018 - 2030
  1. Figure 67:  
  2. VALUE SHARE OF FLOORING RESINS CONSUMED BY SUB PRODUCT, %, VIETNAM, 2018 VS 2023 VS 2030
  1. Figure 68:  
  2. VALUE OF ACRYLIC FLOORING RESINS CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 69:  
  2. VALUE SHARE OF ACRYLIC FLOORING RESINS CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 70:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 71:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 72:  
  2. VALUE OF POLYASPARTIC FLOORING RESINS CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 73:  
  2. VALUE SHARE OF POLYASPARTIC FLOORING RESINS CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 74:  
  2. VALUE OF POLYURETHANE FLOORING RESINS CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 75:  
  2. VALUE SHARE OF POLYURETHANE FLOORING RESINS CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 76:  
  2. VALUE OF OTHER RESIN TYPES FLOORING RESINS CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 77:  
  2. VALUE SHARE OF OTHER RESIN TYPES FLOORING RESINS CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 78:  
  2. VALUE OF REPAIR AND REHABILITATION CHEMICALS CONSUMED BY SUB PRODUCT, USD, VIETNAM, 2018 - 2030
  1. Figure 79:  
  2. VALUE SHARE OF REPAIR AND REHABILITATION CHEMICALS CONSUMED BY SUB PRODUCT, %, VIETNAM, 2018 VS 2023 VS 2030
  1. Figure 80:  
  2. VALUE OF FIBER WRAPPING SYSTEMS REPAIR AND REHABILITATION CHEMICALS CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 81:  
  2. VALUE SHARE OF FIBER WRAPPING SYSTEMS REPAIR AND REHABILITATION CHEMICALS CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 82:  
  2. VALUE OF INJECTION GROUTING MATERIALS REPAIR AND REHABILITATION CHEMICALS CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 83:  
  2. VALUE SHARE OF INJECTION GROUTING MATERIALS REPAIR AND REHABILITATION CHEMICALS CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 84:  
  2. VALUE OF MICRO-CONCRETE MORTARS REPAIR AND REHABILITATION CHEMICALS CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 85:  
  2. VALUE SHARE OF MICRO-CONCRETE MORTARS REPAIR AND REHABILITATION CHEMICALS CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 86:  
  2. VALUE OF MODIFIED MORTARS REPAIR AND REHABILITATION CHEMICALS CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 87:  
  2. VALUE SHARE OF MODIFIED MORTARS REPAIR AND REHABILITATION CHEMICALS CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 88:  
  2. VALUE OF REBAR PROTECTORS REPAIR AND REHABILITATION CHEMICALS CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 89:  
  2. VALUE SHARE OF REBAR PROTECTORS REPAIR AND REHABILITATION CHEMICALS CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 90:  
  2. VALUE OF SEALANTS CONSUMED BY SUB PRODUCT, USD, VIETNAM, 2018 - 2030
  1. Figure 91:  
  2. VALUE SHARE OF SEALANTS CONSUMED BY SUB PRODUCT, %, VIETNAM, 2018 VS 2023 VS 2030
  1. Figure 92:  
  2. VALUE OF ACRYLIC SEALANTS CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 93:  
  2. VALUE SHARE OF ACRYLIC SEALANTS CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 94:  
  2. VALUE OF EPOXY SEALANTS CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 95:  
  2. VALUE SHARE OF EPOXY SEALANTS CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 96:  
  2. VALUE OF POLYURETHANE SEALANTS CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 97:  
  2. VALUE SHARE OF POLYURETHANE SEALANTS CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 98:  
  2. VALUE OF SILICONE SEALANTS CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 99:  
  2. VALUE SHARE OF SILICONE SEALANTS CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 100:  
  2. VALUE OF OTHER RESIN TYPES SEALANTS CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 101:  
  2. VALUE SHARE OF OTHER RESIN TYPES SEALANTS CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 102:  
  2. VALUE OF SURFACE TREATMENT CHEMICALS CONSUMED BY SUB PRODUCT, USD, VIETNAM, 2018 - 2030
  1. Figure 103:  
  2. VALUE SHARE OF SURFACE TREATMENT CHEMICALS CONSUMED BY SUB PRODUCT, %, VIETNAM, 2018 VS 2023 VS 2030
  1. Figure 104:  
  2. VALUE OF CURING COMPOUNDS SURFACE TREATMENT CHEMICALS CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 105:  
  2. VALUE SHARE OF CURING COMPOUNDS SURFACE TREATMENT CHEMICALS CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 106:  
  2. VALUE OF MOLD RELEASE AGENTS SURFACE TREATMENT CHEMICALS CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 107:  
  2. VALUE SHARE OF MOLD RELEASE AGENTS SURFACE TREATMENT CHEMICALS CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 108:  
  2. VALUE OF OTHER PRODUCT TYPES SURFACE TREATMENT CHEMICALS CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 109:  
  2. VALUE SHARE OF OTHER PRODUCT TYPES SURFACE TREATMENT CHEMICALS CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 110:  
  2. VALUE OF WATERPROOFING SOLUTIONS CONSUMED BY SUB PRODUCT, USD, VIETNAM, 2018 - 2030
  1. Figure 111:  
  2. VALUE SHARE OF WATERPROOFING SOLUTIONS CONSUMED BY SUB PRODUCT, %, VIETNAM, 2018 VS 2023 VS 2030
  1. Figure 112:  
  2. VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 113:  
  2. VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 114:  
  2. VALUE OF MEMBRANES WATERPROOFING SOLUTIONS CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 115:  
  2. VALUE SHARE OF MEMBRANES WATERPROOFING SOLUTIONS CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 116:  
  2. MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, VIETNAM, 2020 - 2023
  1. Figure 117:  
  2. MOST ADOPTED STRATEGIES, COUNT, VIETNAM, 2020 - 2023
  1. Figure 118:  
  2. REVENUE SHARE OF CONSTRUCTION CHEMICALS BY MAJOR PLAYERS, %, VIETNAM, 2022

Vietnam Construction Chemicals Industry Segmentation

Commercial, Industrial and Institutional, Infrastructure, Residential are covered as segments by End Use Sector. Adhesives, Anchors and Grouts, Concrete Admixtures, Concrete Protective Coatings, Flooring Resins, Repair and Rehabilitation Chemicals, Sealants, Surface Treatment Chemicals, Waterproofing Solutions are covered as segments by Product.

  • In 2022, Vietnam's construction chemicals market witnessed a 5.6% surge in demand, driven by a robust uptick in construction activities in the country. The construction industry was predicted to experience a 7.8% value growth in 2023, further fueling a projected 5.7% uptick in the demand for construction chemicals.
  • The industrial and institutional sectors emerged as the key consumers of construction chemicals in the country in 2022. This sector, with its expansive non-residential construction footprint and diverse requirements, exhibited a higher demand for these chemicals compared to the residential segment. In addition, these projects are typically funded by organizations, ensuring ample financial resources.
  • Furthermore, the commercial sector secured the second-highest demand for construction chemicals in 2022. Following the industrial and institutional sectors, the collective demand from commercial buildings outpaced other segments. Vietnam's emphasis on private investments, a thriving tourism industry, and a surging urban population have propelled construction and spending in this sector.
  • Moreover, there is a growing trend among firms to establish or relocate their manufacturing facilities to Vietnam, alongside potential investments in educational and healthcare infrastructure. Consequently, the industrial and institutional sectors are anticipated to witness the swiftest demand growth due to such favorable factors, with a projected CAGR of 6.24% during the forecast period (2023-2030).
End Use Sector
Commercial
Industrial and Institutional
Infrastructure
Residential
Product
Adhesives
By Sub Product
Hot Melt
Reactive
Solvent-borne
Water-borne
Anchors and Grouts
By Sub Product
Cementitious Fixing
Resin Fixing
Other Types
Concrete Admixtures
By Sub Product
Accelerator
Air Entraining Admixture
High Range Water Reducer (Super Plasticizer)
Retarder
Shrinkage Reducing Admixture
Viscosity Modifier
Water Reducer (Plasticizer)
Other Types
Concrete Protective Coatings
By Sub Product
Acrylic
Alkyd
Epoxy
Polyurethane
Other Resin Types
Flooring Resins
By Sub Product
Acrylic
Epoxy
Polyaspartic
Polyurethane
Other Resin Types
Repair and Rehabilitation Chemicals
By Sub Product
Fiber Wrapping Systems
Injection Grouting Materials
Micro-concrete Mortars
Modified Mortars
Rebar Protectors
Sealants
By Sub Product
Acrylic
Epoxy
Polyurethane
Silicone
Other Resin Types
Surface Treatment Chemicals
By Sub Product
Curing Compounds
Mold Release Agents
Other Product Types
Waterproofing Solutions
By Sub Product
Chemicals
Membranes
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Market Definition

  • END-USE SECTOR - Construction chemicals consumed in the construction sectors such as commercial, residential, industrial, institutional, and infrastructure are considered under the scope of the study.
  • PRODUCT/APPLICATION - Under the scope of the study, the consumption of construction chemical products such as concrete admixtures, repair and rehabilitation chemicals, flooring resins, waterproofing solutions, anchors and grouts, adhesives and sealants, and surface treatment chemicals is considered.
Keyword Definition
Accelerator Accelerators are admixtures used to fasten the setting time of concrete by increasing the initial rate and speeding up the chemical reaction between cement and the mixing water. These are used to harden and increase the strength of concrete quickly.
Acrylic This synthetic resin is a derivative of acrylic acid. It forms a smooth surface and is mainly used for various indoor applications. The material can also be used for outdoor applications with a special formulation.
Adhesives Adhesives are bonding agents used to join materials by gluing. Adhesives can be used in construction for many applications, such as carpet laying, ceramic tiles, countertop lamination, etc.
Air Entraining Admixture Air-entraining admixtures are used to improve the performance and durability of concrete. Once added, they create uniformly distributed small air bubbles to impart enhanced properties to the fresh and hardened concrete.
Alkyd Alkyds are used in solvent-based paints such as construction and automotive paints, traffic paints, flooring resins, protective coatings for concrete, etc. Alkyd resins are formed by the reaction of an oil (fatty acid), a polyunsaturated alcohol (Polyol), and a polyunsaturated acid or anhydride.
Anchors and Grouts Anchors and grouts are construction chemicals that stabilize and improve the strength and durability of foundations and structures like buildings, bridges, dams, etc.
Cementitious Fixing Cementitious fixing is a process in which a cement-based grout is pumped under pressure to fill forms, voids, and cracks. It can be used in several settings, including bridges, marine applications, dams, and rock anchors.
Commercial Construction Commercial construction comprises new construction of warehouses, malls, shops, offices, hotels, restaurants, cinemas, theatres, etc.
Concrete Admixtures Concrete admixtures comprise water reducers, air entrainers, retarders, accelerators, superplasticizers, etc., added to concrete before or during mixing to modify its properties.
Concrete Protective Coatings To provide specific protection, such as anti-carbonation or chemical resistance, a film-forming protective coat can be applied on the surface. Depending on the applications, different resins like epoxy, polyurethane, and acrylic can be used for concrete protective coatings.
Curing Compounds Curing compounds are used to cure the surface of concrete structures, including columns, beams, slabs, and others. These curing compounds keep the moisture inside the concrete to give maximum strength and durability.
Epoxy Epoxy is known for its strong adhesive qualities, making it a versatile product in many industries. It resists heat and chemical applications, making it an ideal product for anyone needing a stronghold under pressure. It is widely used in adhesives, electrical and electronics, paints, etc.
Fiber Wrapping Systems Fiber Wrapping Systems are a part of construction repair and rehabilitation chemicals. It involves the strengthening of existing structures by wrapping structural members like beams and columns with glass or carbon fiber sheets.
Flooring Resins Flooring resins are synthetic materials applied to floors to enhance their appearance, increase their resistance to wear and tear or provide protection from chemicals, moisture, and stains. Depending on the desired properties and the specific application, flooring resins are available in distinct types, such as epoxy, polyurethane, and acrylic.
High-Range Water Reducer (Super Plasticizer) High-range water reducers are a type of concrete admixture that provides enhanced and improved properties when added to concrete. These are also called superplasticizers and are used to decrease the water-to-cement ratio in concrete.
Hot Melt Adhesives Hot-melt adhesives are thermoplastic bonding materials applied as melts that achieve a solid state and resultant strength on cooling. They are commonly used for packaging, coatings, sanitary products, and tapes.
Industrial and Institutional Construction Industrial and institutional construction includes new construction of hospitals, schools, manufacturing units, energy and power plants, etc.
Infrastructure Construction Infrastructure construction includes new construction of railways, roads, seaways, airports, bridges, highways, etc.
Injection Grouting The process of injecting grout into open joints, cracks, voids, or honeycombs in concrete or masonry structural members is known as injection grouting. It offers several benefits, such as strengthening a structure and preventing water infiltration.
Liquid-Applied Waterproofing Membranes Liquid-Applied membrane is a monolithic, fully bonded, liquid-based coating suitable for many waterproofing applications. The coating cures to form a rubber-like elastomeric waterproof membrane and may be applied over many substrates, including asphalt, bitumen, and concrete.
Micro-concrete Mortars Micro-concrete mortar is made up of cement, water-based resin, additives, mineral pigments, and polymers and can be applied on both horizontal and vertical surfaces. It can be used to refurbish residential complexes, commercial spaces, etc.
Modified Mortars Modified Mortars include Portland cement and sand along with latex/polymer additives. The additives increase adhesion, strength, and shock resistance while also reducing water absorption.
Mold Release Agents Mold release agents are sprayed or coated on the surface of molds to prevent a substrate from bonding to a molding surface. Several types of mold release agents, including silicone, lubricant, wax, fluorocarbons, and others, are used based on the type of substrates, including metals, steel, wood, rubber, plastic, and others.
Polyaspartic Polyaspartic is a subset of polyurea. Polyaspartic floor coatings are typically two-part systems that consist of a resin and a catalyst to ease the curing process. It offers high durability and can withstand harsh environments.
Polyurethane Polyurethane is a plastic material that exists in various forms. It can be tailored to be either rigid or flexible and is the material of choice for a broad range of end-user applications, such as adhesives, coatings, building insulation, etc.
Reactive Adhesives A reactive adhesive is made of monomers that react in the adhesive curing process and do not evaporate from the film during use. Instead, these volatile components become chemically incorporated into the adhesive.
Rebar Protectors In concrete structures, rebar is one of the important components, and its deterioration due to corrosion is a major issue that affects the safety, durability, and life span of buildings and structures. For this reason, rebar protectors are used to protect against degrading effects, especially in infrastructure and industrial construction.
Repair and Rehabilitation Chemicals Repair and Rehabilitation Chemicals include repair mortars, injection grouting materials, fiber wrapping systems, micro-concrete mortars, etc., used to repair and restore existing buildings and structures.
Residential Construction Residential construction involves constructing new houses or spaces like condominiums, villas, and landed homes.
Resin Fixing The process of using resins like epoxy and polyurethane for grouting applications is called resin fixing. Resin fixing offers several advantages, such as high compressive and tensile strength, negligible shrinkage, and greater chemical resistance compared to cementitious fixing.
Retarder Retarders are admixtures used to slow down the setting time of concrete. These are usually added with a dosage rate of around 0.2% -0.6% by weight of cement. These admixtures slow down hydration or lower the rate at which water penetrates the cement particles by making concrete workable for a long time.
Sealants A sealant is a viscous material that has little or no flow qualities, which causes it to remain on surfaces where they are applied. Sealants can also be thinner, enabling penetration to a certain substance through capillary action.
Sheet Waterproofing Membranes Sheet membrane systems are reliable and durable thermoplastic waterproofing solutions that are used for waterproofing applications even in the most demanding below-ground structures, including those exposed to highly aggressive ground conditions and stress.
Shrinkage Reducing Admixture Shrinkage-reducing admixtures are used to reduce concrete shrinkage, whether from drying or self-desiccation.
Silicone Silicone is a polymer that contains silicon combined with carbon, hydrogen, oxygen, and, in some cases, other elements. It is an inert synthetic compound that comes in various forms, such as oil, rubber, and resin. Due to its heat-resistant properties, it finds applications in sealants, adhesives, lubricants, etc.
Solvent-borne Adhesives Solvent-borne adhesives are mixtures of solvents and thermoplastic or slightly cross-linked polymers such as polychloroprene, polyurethane, acrylic, silicone, and natural and synthetic rubbers.
Surface Treatment Chemicals Surface treatment chemicals are chemicals used to treat concrete surfaces, including roofs, vertical surfaces, and others. They act as curing compounds, demolding agents, rust removers, and others. They are cost-effective and can be used on roadways, pavements, parking lots, and others.
Viscosity Modifier Viscosity Modifiers are concrete admixtures used to change various properties of admixtures, including viscosity, workability, cohesiveness, and others. These are usually added with a dosage of around 0.01% to 0.1% by weight of cement.
Water Reducer Water reducers, also called plasticizers, are a type of admixture used to decrease the water-to-cement ratio in the concrete, thereby increasing the durability and strength of concrete. Various water reducers include refined lignosulfonates, gluconates, hydroxycarboxylic acids, sugar acids, and others.
Water-borne Adhesives Water-borne adhesives use water as a carrier or diluting medium to disperse resin. They are set by allowing the water to evaporate or be absorbed by the substrate. These adhesives are compounded with water as a dilutant rather than a volatile organic solvent.
Waterproofing Chemicals Waterproofing chemicals are designed to protect a surface from the perils of leakage. A waterproofing chemical is a protective coating or primer applied to a structure's roof, retaining walls, or basement.
Waterproofing Membranes Waterproofing membranes are liquid-applied or self-adhering layers of water-tight materials that prevent water from penetrating or damaging a structure when applied to roofs, walls, foundations, basements, bathrooms, and other areas exposed to moisture or water.
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  • Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
  • Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
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Vietnam Construction Chemicals Market Research FAQs

The Vietnam Construction Chemicals Market size is expected to reach USD 447.58 million in 2024 and grow at a CAGR of 5.85% to reach USD 629.36 million by 2030.

In 2024, the Vietnam Construction Chemicals Market size is expected to reach USD 447.58 million.

Bestmix Corporation, Fosroc, Inc., MBCC Group, Saint-Gobain and Sika AG are the major companies operating in the Vietnam Construction Chemicals Market.

In the Vietnam Construction Chemicals Market, the Industrial and Institutional segment accounts for the largest share by end use sector.

In 2024, the Commercial segment accounts for the fastest growing by end use sector in the Vietnam Construction Chemicals Market.

In 2023, the Vietnam Construction Chemicals Market size was estimated at 447.58 million. The report covers the Vietnam Construction Chemicals Market historical market size for years: 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Vietnam Construction Chemicals Market size for years: 2024, 2025, 2026, 2027, 2028, 2029 and 2030.

Vietnam Construction Chemicals Industry Report

Statistics for the 2023 Vietnam Construction Chemicals market share, size and revenue growth rate, created by ÌÇÐÄvlog´«Ã½â„¢ Industry Reports. Vietnam Construction Chemicals analysis includes a market forecast outlook to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Vietnam Construction Chemicals Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030

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