Key Insights
The Vietnam Construction Chemicals market is experiencing robust growth, fueled by a surge in construction activities across residential, commercial, industrial, and infrastructure sectors. The market, valued at approximately $XX million in 2025 (assuming a logical estimation based on the provided CAGR and market size information), is projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 5.50% from 2025 to 2033. This expansion is driven by several key factors, including rapid urbanization, government initiatives to improve infrastructure, and a rising middle class with increased disposable income leading to higher housing demand. The strong economic growth in Vietnam further supports this positive market outlook. Key product segments include adhesives, membranes, sealants, coatings, and fire retardants, each catering to specific construction needs. While the market faces some restraints, such as potential fluctuations in raw material prices and environmental regulations, the overall growth trajectory remains positive. Competition is intense among both domestic and international players like Arkema, Saint-Gobain, and Sika, leading to innovation and product diversification within the market.
The dominant end-use sectors are residential and infrastructure, reflecting Vietnam's significant investments in housing developments and large-scale infrastructure projects. The commercial and industrial sectors also contribute significantly to market demand. Growth in these sectors is expected to propel market expansion in the coming years. The competitive landscape involves a mix of multinational corporations and local players, with companies focusing on strategies such as product differentiation, technological advancements, and strategic partnerships to enhance their market position. The market is segmented geographically with differing growth rates across regions within Vietnam, reflecting varying levels of construction activity and economic development. A detailed analysis of specific regional market shares would require more regional data. Future growth will likely be influenced by factors such as government policies supporting sustainable construction practices and the adoption of innovative construction technologies.

Vietnam Construction Chemicals Market: A Comprehensive Report (2019-2033)
This comprehensive report provides an in-depth analysis of the Vietnam construction chemicals market, offering invaluable insights for industry stakeholders, investors, and strategic planners. Covering the period 2019-2033, with a base year of 2025, this report meticulously examines market dynamics, key segments, leading players, and future growth opportunities. The market size is projected to reach xx Million by 2033, exhibiting a CAGR of xx% during the forecast period (2025-2033).
Vietnam Construction Chemicals Market Concentration & Dynamics
The Vietnam construction chemicals market is characterized by a moderate level of concentration, with key players like Arkema, Saint-Gobain, RPM International Inc, MBCC Group, Sika, and MAPEI S p A holding significant market share. However, local players like KKS GROUP JSC and Bestmix Corporation also contribute significantly. The market exhibits a dynamic landscape shaped by several factors:
- Market Share: The top 5 players collectively account for approximately xx% of the market, leaving ample space for smaller players and new entrants.
- Innovation Ecosystems: Ongoing R&D efforts focus on sustainable and high-performance products, driven by increasing environmental concerns and demand for improved construction efficiency.
- Regulatory Frameworks: Government regulations concerning building codes, environmental standards, and safety protocols influence product development and market adoption.
- Substitute Products: The market faces competition from substitute materials, particularly in specific applications like adhesives and sealants.
- End-User Trends: Growing urbanization, infrastructure development, and a rising middle class are driving demand for construction chemicals across diverse segments.
- M&A Activities: The recent acquisition of MBCC Group by Sika in May 2023 highlights the ongoing consolidation within the industry. The number of M&A deals in the last five years is estimated at xx.
Vietnam Construction Chemicals Market Industry Insights & Trends
The Vietnam construction chemicals market has witnessed robust growth in recent years, driven by the nation's rapid economic expansion and large-scale infrastructure projects. The market size was valued at xx Million in 2024 and is projected to reach xx Million by 2033. Key growth drivers include:
- Government Initiatives: Government investments in infrastructure projects such as roads, bridges, and public buildings are significantly boosting market demand.
- Real Estate Boom: The growing real estate sector, especially in urban areas, is fueling demand for construction chemicals across residential, commercial, and industrial projects.
- Technological Advancements: The adoption of advanced construction techniques and innovative materials is creating new opportunities for high-performance construction chemicals.
- Rising Disposable Incomes: Increased disposable incomes are driving higher spending on housing and commercial construction, contributing to market expansion.
- Focus on Sustainability: Growing environmental awareness is pushing manufacturers to develop eco-friendly construction chemicals, creating a niche market for sustainable products.

Key Markets & Segments Leading Vietnam Construction Chemicals Market
The Vietnamese construction chemicals market showcases strong growth across multiple segments:
Dominant End-Use Sectors:
- Infrastructure: This sector remains the dominant end-user, fueled by massive government investment in transportation networks, power generation, and other vital infrastructure projects.
- Residential: Rapid urbanization and rising disposable incomes have boosted residential construction, creating substantial demand for construction chemicals.
Dominant Product Categories:
- Adhesives: High demand for adhesives across various construction applications, including tiling, flooring, and woodworks.
- Coatings: Growing usage of protective and decorative coatings for buildings and infrastructure, driven by aesthetic and durability requirements.
Drivers for Growth:
- Economic Growth: Vietnam's sustained economic growth directly translates into increased investment in construction.
- Infrastructure Development: Large-scale infrastructure projects undertaken by the government significantly boost the demand for construction chemicals.
- Urbanization: The ongoing trend of urbanization is driving the need for new housing and commercial spaces, creating a consistent demand.
Vietnam Construction Chemicals Market Product Developments
Recent innovations in construction chemicals focus on enhancing performance, sustainability, and ease of application. Manufacturers are developing high-performance adhesives with increased bonding strength, durable coatings with enhanced weather resistance, and eco-friendly sealants with reduced VOC emissions. These advancements provide competitive advantages by catering to the increasing demand for sustainable and efficient construction solutions.
Challenges in the Vietnam Construction Chemicals Market Market
The Vietnam construction chemicals market faces several challenges:
- Supply Chain Disruptions: Global supply chain uncertainties can impact raw material availability and production costs.
- Competition: Intense competition from both domestic and international players creates pressure on pricing and profitability.
- Regulatory Compliance: Adherence to evolving environmental and safety regulations adds complexity and cost to product development and manufacturing.
Forces Driving Vietnam Construction Chemicals Market Growth
Several factors are driving the long-term growth of the Vietnam construction chemicals market:
- Government Support: The government's focus on infrastructure development and affordable housing initiatives creates sustained demand.
- Economic Growth: Vietnam’s continued economic progress ensures a steady rise in construction activity.
- Technological Innovation: Continuous advancements in construction chemicals offer improved performance and efficiency, driving market growth.
Long-Term Growth Catalysts in Vietnam Construction Chemicals Market
Long-term growth will be fueled by strategic partnerships, technological breakthroughs, and expansion into new market segments. The focus on sustainable construction and the development of innovative materials will further propel market expansion.
Emerging Opportunities in Vietnam Construction Chemicals Market
Emerging opportunities lie in developing eco-friendly and high-performance construction chemicals tailored to specific market needs. Expanding into new applications, such as prefabricated construction and green building technologies, presents significant growth potential.
Leading Players in the Vietnam Construction Chemicals Market Sector
- Arkema
- Saint-Gobain
- RPM International Inc
- MBCC Group
- KKS GROUP JSC
- Fosroc Inc
- Sika A
- MAPEI S p A
- Bestmix Corporation
- MC-Bauchemie
Key Milestones in Vietnam Construction Chemicals Market Industry
- May 2023: Sika's acquisition of MBCC Group significantly reshapes the market landscape.
- February 2023: Master Builders Solutions' new production plant in Taiwan highlights the growing offshore wind turbine market's influence.
- November 2022: Saint-Gobain's launch of CHRYSO Dem Aqua 800 showcases the focus on sustainable and high-performance products.
Strategic Outlook for Vietnam Construction Chemicals Market Market
The Vietnam construction chemicals market holds immense potential for future growth, driven by continued economic development, infrastructure expansion, and the adoption of innovative construction technologies. Strategic partnerships, product diversification, and a focus on sustainability will be crucial for success in this dynamic market.
Vietnam Construction Chemicals Market Segmentation
-
1. End Use Sector
- 1.1. Commercial
- 1.2. Industrial and Institutional
- 1.3. Infrastructure
- 1.4. Residential
-
2. Product
-
2.1. Adhesives
-
2.1.1. By Sub Product
- 2.1.1.1. Hot Melt
- 2.1.1.2. Reactive
- 2.1.1.3. Solvent-borne
- 2.1.1.4. Water-borne
-
2.1.1. By Sub Product
-
2.2. Anchors and Grouts
- 2.2.1. Cementitious Fixing
- 2.2.2. Resin Fixing
- 2.2.3. Other Types
-
2.3. Concrete Admixtures
- 2.3.1. Accelerator
- 2.3.2. Air Entraining Admixture
- 2.3.3. High Range Water Reducer (Super Plasticizer)
- 2.3.4. Retarder
- 2.3.5. Shrinkage Reducing Admixture
- 2.3.6. Viscosity Modifier
- 2.3.7. Water Reducer (Plasticizer)
-
2.4. Concrete Protective Coatings
- 2.4.1. Acrylic
- 2.4.2. Alkyd
- 2.4.3. Epoxy
- 2.4.4. Polyurethane
- 2.4.5. Other Resin Types
-
2.5. Flooring Resins
- 2.5.1. Polyaspartic
-
2.6. Repair and Rehabilitation Chemicals
- 2.6.1. Fiber Wrapping Systems
- 2.6.2. Injection Grouting Materials
- 2.6.3. Micro-concrete Mortars
- 2.6.4. Modified Mortars
- 2.6.5. Rebar Protectors
-
2.7. Sealants
- 2.7.1. Silicone
-
2.8. Surface Treatment Chemicals
- 2.8.1. Curing Compounds
- 2.8.2. Mold Release Agents
- 2.8.3. Other Product Types
-
2.9. Waterproofing Solutions
- 2.9.1. Membranes
-
2.1. Adhesives
Vietnam Construction Chemicals Market Segmentation By Geography
- 1. Vietnam

Vietnam Construction Chemicals Market REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of > 5.50% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Growing Consumption for Polyethylene Terephthalate in the Packaging Sector; Significant Demand of Polyester Fibers from the Textile Sector in Asia Pacific
- 3.3. Market Restrains
- 3.3.1. Toxic Effects of Terephthalic Acid
- 3.4. Market Trends
- 3.4.1. OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Vietnam Construction Chemicals Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by End Use Sector
- 5.1.1. Commercial
- 5.1.2. Industrial and Institutional
- 5.1.3. Infrastructure
- 5.1.4. Residential
- 5.2. Market Analysis, Insights and Forecast - by Product
- 5.2.1. Adhesives
- 5.2.1.1. By Sub Product
- 5.2.1.1.1. Hot Melt
- 5.2.1.1.2. Reactive
- 5.2.1.1.3. Solvent-borne
- 5.2.1.1.4. Water-borne
- 5.2.1.1. By Sub Product
- 5.2.2. Anchors and Grouts
- 5.2.2.1. Cementitious Fixing
- 5.2.2.2. Resin Fixing
- 5.2.2.3. Other Types
- 5.2.3. Concrete Admixtures
- 5.2.3.1. Accelerator
- 5.2.3.2. Air Entraining Admixture
- 5.2.3.3. High Range Water Reducer (Super Plasticizer)
- 5.2.3.4. Retarder
- 5.2.3.5. Shrinkage Reducing Admixture
- 5.2.3.6. Viscosity Modifier
- 5.2.3.7. Water Reducer (Plasticizer)
- 5.2.4. Concrete Protective Coatings
- 5.2.4.1. Acrylic
- 5.2.4.2. Alkyd
- 5.2.4.3. Epoxy
- 5.2.4.4. Polyurethane
- 5.2.4.5. Other Resin Types
- 5.2.5. Flooring Resins
- 5.2.5.1. Polyaspartic
- 5.2.6. Repair and Rehabilitation Chemicals
- 5.2.6.1. Fiber Wrapping Systems
- 5.2.6.2. Injection Grouting Materials
- 5.2.6.3. Micro-concrete Mortars
- 5.2.6.4. Modified Mortars
- 5.2.6.5. Rebar Protectors
- 5.2.7. Sealants
- 5.2.7.1. Silicone
- 5.2.8. Surface Treatment Chemicals
- 5.2.8.1. Curing Compounds
- 5.2.8.2. Mold Release Agents
- 5.2.8.3. Other Product Types
- 5.2.9. Waterproofing Solutions
- 5.2.9.1. Membranes
- 5.2.1. Adhesives
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. Vietnam
- 5.1. Market Analysis, Insights and Forecast - by End Use Sector
- 6. Competitive Analysis
- 6.1. Market Share Analysis 2024
- 6.2. Company Profiles
- 6.2.1 Arkema
- 6.2.1.1. Overview
- 6.2.1.2. Products
- 6.2.1.3. SWOT Analysis
- 6.2.1.4. Recent Developments
- 6.2.1.5. Financials (Based on Availability)
- 6.2.2 Saint-Gobain
- 6.2.2.1. Overview
- 6.2.2.2. Products
- 6.2.2.3. SWOT Analysis
- 6.2.2.4. Recent Developments
- 6.2.2.5. Financials (Based on Availability)
- 6.2.3 RPM International Inc
- 6.2.3.1. Overview
- 6.2.3.2. Products
- 6.2.3.3. SWOT Analysis
- 6.2.3.4. Recent Developments
- 6.2.3.5. Financials (Based on Availability)
- 6.2.4 MBCC Group
- 6.2.4.1. Overview
- 6.2.4.2. Products
- 6.2.4.3. SWOT Analysis
- 6.2.4.4. Recent Developments
- 6.2.4.5. Financials (Based on Availability)
- 6.2.5 KKS GROUP JSC
- 6.2.5.1. Overview
- 6.2.5.2. Products
- 6.2.5.3. SWOT Analysis
- 6.2.5.4. Recent Developments
- 6.2.5.5. Financials (Based on Availability)
- 6.2.6 Fosroc Inc
- 6.2.6.1. Overview
- 6.2.6.2. Products
- 6.2.6.3. SWOT Analysis
- 6.2.6.4. Recent Developments
- 6.2.6.5. Financials (Based on Availability)
- 6.2.7 Sika A
- 6.2.7.1. Overview
- 6.2.7.2. Products
- 6.2.7.3. SWOT Analysis
- 6.2.7.4. Recent Developments
- 6.2.7.5. Financials (Based on Availability)
- 6.2.8 MAPEI S p A
- 6.2.8.1. Overview
- 6.2.8.2. Products
- 6.2.8.3. SWOT Analysis
- 6.2.8.4. Recent Developments
- 6.2.8.5. Financials (Based on Availability)
- 6.2.9 Bestmix Corporation
- 6.2.9.1. Overview
- 6.2.9.2. Products
- 6.2.9.3. SWOT Analysis
- 6.2.9.4. Recent Developments
- 6.2.9.5. Financials (Based on Availability)
- 6.2.10 MC-Bauchemie
- 6.2.10.1. Overview
- 6.2.10.2. Products
- 6.2.10.3. SWOT Analysis
- 6.2.10.4. Recent Developments
- 6.2.10.5. Financials (Based on Availability)
- 6.2.1 Arkema
List of Figures
- Figure 1: Vietnam Construction Chemicals Market Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: Vietnam Construction Chemicals Market Share (%) by Company 2024
List of Tables
- Table 1: Vietnam Construction Chemicals Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Vietnam Construction Chemicals Market Volume K Tons Forecast, by Region 2019 & 2032
- Table 3: Vietnam Construction Chemicals Market Revenue Million Forecast, by End Use Sector 2019 & 2032
- Table 4: Vietnam Construction Chemicals Market Volume K Tons Forecast, by End Use Sector 2019 & 2032
- Table 5: Vietnam Construction Chemicals Market Revenue Million Forecast, by Product 2019 & 2032
- Table 6: Vietnam Construction Chemicals Market Volume K Tons Forecast, by Product 2019 & 2032
- Table 7: Vietnam Construction Chemicals Market Revenue Million Forecast, by Region 2019 & 2032
- Table 8: Vietnam Construction Chemicals Market Volume K Tons Forecast, by Region 2019 & 2032
- Table 9: Vietnam Construction Chemicals Market Revenue Million Forecast, by Country 2019 & 2032
- Table 10: Vietnam Construction Chemicals Market Volume K Tons Forecast, by Country 2019 & 2032
- Table 11: Vietnam Construction Chemicals Market Revenue Million Forecast, by End Use Sector 2019 & 2032
- Table 12: Vietnam Construction Chemicals Market Volume K Tons Forecast, by End Use Sector 2019 & 2032
- Table 13: Vietnam Construction Chemicals Market Revenue Million Forecast, by Product 2019 & 2032
- Table 14: Vietnam Construction Chemicals Market Volume K Tons Forecast, by Product 2019 & 2032
- Table 15: Vietnam Construction Chemicals Market Revenue Million Forecast, by Country 2019 & 2032
- Table 16: Vietnam Construction Chemicals Market Volume K Tons Forecast, by Country 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Vietnam Construction Chemicals Market?
The projected CAGR is approximately > 5.50%.
2. Which companies are prominent players in the Vietnam Construction Chemicals Market?
Key companies in the market include Arkema, Saint-Gobain, RPM International Inc, MBCC Group, KKS GROUP JSC, Fosroc Inc, Sika A, MAPEI S p A, Bestmix Corporation, MC-Bauchemie.
3. What are the main segments of the Vietnam Construction Chemicals Market?
The market segments include End Use Sector, Product.
4. Can you provide details about the market size?
The market size is estimated to be USD XX Million as of 2022.
5. What are some drivers contributing to market growth?
Growing Consumption for Polyethylene Terephthalate in the Packaging Sector; Significant Demand of Polyester Fibers from the Textile Sector in Asia Pacific.
6. What are the notable trends driving market growth?
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.
7. Are there any restraints impacting market growth?
Toxic Effects of Terephthalic Acid.
8. Can you provide examples of recent developments in the market?
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.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million and volume, measured in K Tons.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Vietnam Construction Chemicals Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Vietnam Construction Chemicals Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Vietnam Construction Chemicals Market?
To stay informed about further developments, trends, and reports in the Vietnam Construction Chemicals Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence