Tuesday, 02 January 2024 12:17 GMT

Vietnam Construction Chemicals Market Forecast Report 2025-2034 Major Players Are Investing Heavily In Sustainable Manufacturing Practices And Product Innovation To Gain A Competitive Edge


(MENAFN- GlobeNewsWire - Nasdaq) Vietnam's construction chemicals market is set for significant growth, from USD 460.30 million in 2024 to USD 793.74 million by 2034, at a 5.60% CAGR. Driven by foreign investment in real estate and sustainable building practices, the sector advances with innovative solutions. Key players, including Sika AG and Arkema S.A., lead market expansion.

Dublin, Sept. 02, 2025 (GLOBE NEWSWIRE) -- The "Vietnam Construction Chemicals Market Report and Forecast 2025-2034" report has been added to ResearchAndMarkets.com's offering.
The Vietnam construction chemicals market reached approximately USD 460.30 Million in 2024. The market is projected to grow at a CAGR of 5.60% between 2025 and 2034, reaching a value of around USD 793.74 Million by 2034.

The growth of the market in Vietnam can be attributed to the increasing interest and investment from foreign investors in the country's real estate sector. With Vietnam's stable economic growth, favourable business environment, and strategic location in the Asia Pacific region, it has become an attractive destination for property investment. The 2024 Asia-Pacific Investor Intentions Survey by CBRE places Vietnam's real estate market as the second most preferred among emerging destinations in the region, contributing to the expansion of the market in Vietnam.
Sustainable construction practices are becoming increasingly recognised and adopted in Vietnam. The utilisation of environmentally friendly construction chemicals, which minimise environmental impact and enhance energy efficiency, is becoming more popular. This transition to green building materials is backed by favourable governmental policies and the rising construction of green buildings. The Vietnamese green building sector offers an investment opportunity of USD 88 billion, reported the International Finance Corporation (IFC) in 2022.
The market growth is also being driven by the increasing demand for high-quality construction materials in Vietnam's booming construction sector. In 2024, the Vietnamese government allocated 5.7% of its GDP in infrastructural development activities and is also investing heavily in the real estate sector, surging the demand for construction chemicals that can meet the requirements of modern construction projects.

Vietnam Construction Chemicals Market Share
Based on the end use, the market is segmented into residential, commercial, and industrial and institutional. The residential sector is estimated to witness the fastest growth, growing at a CAGR of 6.1% between 2025 and 2034. Construction chemicals used for building residential structures enhance the durability of buildings and improve their aesthetic appearance, besides enhancing the living quality and comfort level of the building.
Meanwhile, the commercial sector is projected to grow at a CAGR of 5.7% over 2025-2034. Construction chemicals play a crucial role in different stages of construction, such as concrete admixtures, flooring compounds, waterproofing compounds, protective coatings, and repair and rehabilitation.

Leading Companies in the Vietnam Construction Chemicals Market
Market players are investing heavily in sustainable manufacturing practices and product innovation to gain a competitive edge.

  • Sika AG
  • Arkema S.A.
  • Compagnie de Saint Gobain SA
  • 3M Company
  • Bestmix Corporation
  • Henkel AG & Co KGaA
  • KKS GROUP, JSC.
  • MAPEI S.p.A.
  • Fosroc, Inc.
  • MC-Bauchemie Muller GmbH & Co. KG

Key Attributes:

Report Attribute Details
No. of Pages 125
Forecast Period 2025 - 2034
Estimated Market Value (USD) in 2025 $460.3 Million
Forecasted Market Value (USD) by 2034 $793.74 Million
Compound Annual Growth Rate 5.6%
Regions Covered Vietnam


Key Topics Covered:
1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Asia Pacific Construction Chemicals Market Overview
5.1 Key Industry Highlights
5.2 Asia Pacific Construction Chemicals Historical Market (2018-2024)
5.3 Asia Pacific Construction Chemicals Market Forecast (2025-2034)
6 Vietnam Construction Chemicals Market Overview
6.1 Key Industry Highlights
6.2 Vietnam Construction Chemicals Historical Market (2018-2024)
6.3 Vietnam Construction Chemicals Market Forecast (2025-2034)
7 Vietnam Construction Chemicals Market by Type
7.1 Concrete Admixtures
7.2 Waterproofing and Roofing Solutions
7.3 Repair and Rehabilitation Chemicals
7.4 Sealants and Adhesives
7.5 Cement Grinding Aids
7.6 Industrial Flooring
7.7 Others
8 Vietnam Construction Chemicals Market by End Use
8.1 Residential
8.2 Commercial
8.3 Industrial and Institutional
9 Vietnam Construction Chemicals Market by Region
9.1 Southeast
9.2 Red River Delta
9.3 Mekong River Delta
9.4 South Central Coast
9.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.2 Porter's Five Forces Analysis
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Competitive Landscape
11.1 Supplier Selection
11.2 Key Global Players
11.3 Key Regional Players
11.4 Key Player Strategies
11.5 Company Profiles
11.5.1 Company Overview
11.5.2 Product Portfolio
11.5.3 Demographic Reach and Achievements
11.5.4 Certifications

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  • Vietnamese Construction Chemicals Market
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