Market Forecast By Type (Concrete Admixtures, Water Proofing & Roofing, Repair, Flooring, Sealants & Adhesives, Other chemicals), By End-Use (Residential , Industrial/Commercial , Infrastructure, Repair Structures) And Competitive Landscape
Product Code: ETC041351 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Vietnam Construction Chemical market currently, in 2023, has witnessed an HHI of 2501, Which has increased slightly as compared to the HHI of 2365 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Vietnam Construction Chemical Market is integral to the country`s booming construction sector. As infrastructure projects continue to surge, the demand for construction chemicals, including adhesives, sealants, and coatings, is on the rise. These chemicals enhance the durability and performance of construction materials, contributing to the longevity of structures. The market is characterized by the adoption of eco-friendly and sustainable construction chemicals, aligning with global environmental concerns. As Vietnam strives for infrastructural excellence, the construction chemical market is poised for sustained growth.
The Vietnam Construction Chemical market is shaped by the robust growth in the construction and real estate sectors. Construction chemicals play a vital role in enhancing the durability, strength, and aesthetic appeal of buildings and infrastructure. As the construction industry embraces modern techniques and materials, the demand for construction chemicals, including adhesives, sealants, and waterproofing solutions, is on the rise. Government investments in infrastructure projects and the adherence to international construction standards contribute to the positive outlook of the construction chemical market in Vietnam.
The Vietnam Construction Chemical Market faces several challenges as it strives to meet the demands of a rapidly growing construction industry. One significant obstacle is the need for stringent compliance with environmental regulations. As the construction sector expands, there is an increasing awareness of the environmental impact of construction chemicals. Balancing the requirements for effective construction solutions with environmentally friendly practices poses a challenge for manufacturers in this market. Additionally, the market is highly competitive, and companies must continuously innovate to stay ahead and address the evolving needs of the construction sector.
The Vietnam Construction Chemical Market has experienced the impact of the COVID-19 pandemic. The construction sector faced disruptions due to lockdowns, supply chain interruptions, and a decline in construction activities. With project delays and reduced demand, the market for construction chemicals witnessed a temporary setback. However, as the industry gradually recovers, there is an increased focus on sustainable and resilient construction practices, providing opportunities for innovation and growth in the post-pandemic period.
In the rapidly growing Vietnam Construction Chemical market, key players such as Sika AG, BASF SE, and Henkel AG & Co. KGaA have established themselves as prominent contributors. These companies offer a wide range of construction chemicals, including adhesives, sealants, concrete admixtures, and protective coatings, catering to the diverse needs of the construction industry in Vietnam. Sika AG, with its innovative solutions, plays a pivotal role in enhancing the durability and performance of construction materials. Meanwhile, BASF SE`s extensive product portfolio and commitment to sustainability contribute significantly to the market`s development. Henkel AG & Co. KGaA, known for its advanced adhesive technologies, has also made a substantial impact on the construction chemical landscape in Vietnam.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Construction Chemical Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Construction Chemical Market Revenues & Volume, 2020 & 2030F |
3.3 Vietnam Construction Chemical Market - Industry Life Cycle |
3.4 Vietnam Construction Chemical Market - Porter's Five Forces |
3.5 Vietnam Construction Chemical Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 Vietnam Construction Chemical Market Revenues & Volume Share, By End-Use, 2020 & 2030F |
4 Vietnam Construction Chemical Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Construction Chemical Market Trends |
6 Vietnam Construction Chemical Market, By Types |
6.1 Vietnam Construction Chemical Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Construction Chemical Market Revenues & Volume, By Type, 2020-2030F |
6.1.3 Vietnam Construction Chemical Market Revenues & Volume, By Concrete Admixtures, 2020-2030F |
6.1.4 Vietnam Construction Chemical Market Revenues & Volume, By Water Proofing & Roofing, 2020-2030F |
6.1.5 Vietnam Construction Chemical Market Revenues & Volume, By Repair, 2020-2030F |
6.1.6 Vietnam Construction Chemical Market Revenues & Volume, By Flooring, 2020-2030F |
6.1.7 Vietnam Construction Chemical Market Revenues & Volume, By Sealants & Adhesives, 2020-2030F |
6.1.8 Vietnam Construction Chemical Market Revenues & Volume, By Other chemicals, 2020-2030F |
6.2 Vietnam Construction Chemical Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Construction Chemical Market Revenues & Volume, By Residential , 2020-2030F |
6.2.3 Vietnam Construction Chemical Market Revenues & Volume, By Industrial/Commercial , 2020-2030F |
6.2.4 Vietnam Construction Chemical Market Revenues & Volume, By Infrastructure, 2020-2030F |
6.2.5 Vietnam Construction Chemical Market Revenues & Volume, By Repair Structures, 2020-2030F |
7 Vietnam Construction Chemical Market Import-Export Trade Statistics |
7.1 Vietnam Construction Chemical Market Export to Major Countries |
7.2 Vietnam Construction Chemical Market Imports from Major Countries |
8 Vietnam Construction Chemical Market Key Performance Indicators |
9 Vietnam Construction Chemical Market - Opportunity Assessment |
9.1 Vietnam Construction Chemical Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Vietnam Construction Chemical Market Opportunity Assessment, By End-Use, 2020 & 2030F |
10 Vietnam Construction Chemical Market - Competitive Landscape |
10.1 Vietnam Construction Chemical Market Revenue Share, By Companies, 2023 |
10.2 Vietnam Construction Chemical Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |