Vietnam construction chemicals market is projected to exhibit a growth rate (CAGR) of 4.68% during 2024-2032. The growing need to provide a strong bonding between different construction elements, increasing utilization of waterproofing chemicals in construction projects, and rising number of infrastructure projects, such as roads, bridges, airports, and railways, represent some of the key factors driving the market.
Report Attribute
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Key Statistics
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Base Year
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2023 |
Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Growth Rate (2024-2032) | 4.68% |
Construction chemicals refer to a range of specialized chemical products that are designed to enhance the durability, performance, and sustainability of construction materials and structures. They are formulated with precision to meet the specific needs of construction projects and offer solutions that address challenges, such as structural strength, water resistance, corrosion protection, and overall longevity. They play a crucial role in various aspects of construction, such as concrete and cement admixtures, waterproofing solutions, adhesives, sealants, and coatings. They create a barrier that prevents water penetration into structures and is crucial for areas prone to heavy rainfall or where waterproofing is essential. They protect steel reinforcement within concrete from corrosion caused by exposure to moisture and aggressive chemicals. They assist in increasing the lifespan of structures by reducing wear and tear, cracking, and deterioration. They aid in enhancing the workability of concrete and making it easier to handle during construction, offering enhanced-quality finishes and efficient construction processes. As they are beneficial in increasing the longevity of structures, reducing maintenance requirements, and minimizing repair costs, the demand for construction chemicals is rising in Vietnam.
At present, the increasing employment of construction chemicals like adhesives and sealants to provide strong bonding between different construction elements, such as tiles, stones, and panels, represents one of the primary factors impelling the growth of the market in Vietnam. In line with this, the growing demand for insulating materials and additives that can be used to improve the thermal properties of construction materials, reduce energy consumption, and make buildings more energy-efficient is offering a positive market outlook in the country. Apart from this, the increasing adoption of fire-retardant chemicals and coatings to enhance fire resistance and improve the safety of occupants in buildings and structures is supporting the growth of the market in Vietnam. In addition, there is a rise in the demand for eco-friendly construction chemicals with reduced environmental impact. This, coupled with the increasing number of infrastructure projects, such as roads, bridges, airports, and railways, in the country is strengthening the market growth. Besides this, the rising adoption of construction chemicals that are designed to meet specific building codes and standards is propelling the market growth. Additionally, innovations in construction chemical formulations and technologies for improved product performance and efficiency are offering lucrative growth opportunities to industry investors. Furthermore, the rising utilization of waterproofing chemicals in construction projects due to increasing concerns about water damage and flooding is contributing to the growth of the market in the country.
IMARC Group provides an analysis of the key trends in each segment of the vietnam construction chemicals market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on product type and end use industry.
Product Type Insights:
The report has provided a detailed breakup and analysis of the market based on the product type. This includes concrete admixture and cement grinding aids, surface treatment, repair and rehabilitation, protective coatings, industrial flooring, water proofing, adhesives and sealants, and grouts and anchors.
End Use Industry Insights:
A detailed breakup and analysis of the market based on the end use industry have also been provided in the report. This includes commercial, industrial, residential, and infrastructure and public places.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Vietnam, Central Vietnam, and Southern Vietnam.
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Million |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
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Product Types Covered | Concrete Admixture and Cement Grinding Aids, Surface Treatment, Repair and Rehabilitation, Protective Coatings, Industrial Flooring, Water Proofing, Adhesives and Sealants, Grouts and Anchors |
End Use Industries Covered | Commercial, Industrial, Residential, Infrastructure and Public Places |
Regions Covered | Northern Vietnam, Central Vietnam, and Southern Vietnam |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |