Vietnam Construction Chemical Market Size - By Product Type, By End-User Industry - Regional Outlook, Competitive Strategies and Segment Forecast to 2032
Vietnam Construction Chemical Market Overview
According to SPER Market Research, the Vietnam Construction Chemical Market is estimated to reach USD XX billion by 2032 with a CAGR of XX%. The manufacturing, distribution, and usage of chemicals used in the construction sector for a variety of tasks, including flooring, waterproofing, and concrete restoration, is referred to as the Vietnam Construction Chemical Market. Chemicals used in adhesives, sealants, coatings, and waterproofing are only a few of the goods available on the market. Vietnam's construction chemical market has been propelled by the demand for long-lasting and environmentally friendly building materials that can survive challenging weather conditions like intense rain and high humidity.
Impact of COVID-19 on the Vietnam Construction Chemical MarketThe Vietnam Construction Chemical Market has been significantly impacted by the COVID-19 outbreak. The epidemic has caused supply chain interruptions, decreased demand, and a slowdown in the nation's building industry. The Vietnamese government's travel bans and lockdowns have caused a shortage of raw materials and delays in the delivery of building chemicals. Because of this, the cost of building chemicals has increased, which has decreased demand from builders and contractors. Because to the uncertainty brought on by the pandemic, several construction projects have been placed on hold, which has caused a slowdown in activity.
Scope of the Report:Report Metric Details
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments covered By Product Type, By End-User Industry.
Regions covered Northern Vietnam, Central Vietnam, Southern Vietnam
Companies Covered BASF Vietnam Co. Ltd., Mapei Vietnam Co. Ltd., Sika Limited, The Dow Chemical Vietnam LLC, Vietnam Henkel Adhesive Technologies Co., Ltd.
Vietnam Construction Chemical Market Segmentation:
By Product Type: Based on the Product Type, Vietnam Construction Chemical Market is segmented as; Adhesives and Sealants, Concrete Admixture and Cement Grinding Aids, Grouts and Repair and Rehabilitation, Surface Treatment, Water Proofing.
By End-User Industry: Based on the End-User Industry, Vietnam Construction Chemical Market is segmented as; Commercial, Industrial, Infrastructure and Public Places, Residential.
By Region: This report also provides the data for key regional segments of Northern Vietnam, Central Vietnam, Southern Vietnam.