Press release
Vietnam Construction Chemical market revenue is expected to get doubled by 2027F with a CAGR of ~11.9% between 2022E-2027F owing to rapid urbanization, increasing use of green chemicals and strong government investments: Ken Research
Vietnam Construction Chemical Industry is a moderately fragmented market with the presence of local as well as international brands in the market. Currently, there are ~40 International players in the organized market, including manufacturing units & import (raw materials & finished products) from other countries. More than half of the market is organized and major share of the market is highly concentrated and rest of the industry is fragmented. Some of the major players in the Vietnam Construction Chemical Market are Sika, Silkroad, DOW, BASF, Bestmix, FOSROC etc.Rapid urbanization, growing use of Ready-Mix Concrete (RMC) and green chemical will lead to increase in usage and quality of Chemicals in Construction industry in Vietnam.
Vietnam Construction Chemicals Market is moderately fragmented with the top player holding more than half of the market share in the organized market and remaining market being highly unorganized.
Future Infrastructure Development Projects by govt. such as Bac Tan Uyen Vietnam-Singapore Industrial Park III, Rach Mieu II Bridge and others will fuel the usage of construction chemicals in Vietnam.
Rapid Urbanization: Vietnam's growing middle class is becoming rapidly urbanized, pushing up the demand for built environment solutions-especially in the residential sector and in affordable housing. Vietnam's urbanization rate-the proportion of the population living in cities-was ~35% in 2019 and is expected to reach nearly 50% by 2040, precipitating a potential housing shortage. Also, the Vietnamese government has set aside USD ~1.4 Bn as incentives for developers to focus on such affordable housing projects between 2018 and 2022. Furthermore, with the opening of the school after Covid-19 and sudden increase in the demand for housing repair services has also led to the rise in the growth of construction chemical market of Vietnam.
Request For Free Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MjMy
Increasing use of Green Chemical: Construction chemical companies are working on advanced technologies, equipments, high degree of mechanization and automation to ensure high quality, stability of products and competitiveness in international markets, simultaneously saving raw materials and using alternative fuels. Thus, increasing the use of green technology and increasing the focus towards protecting the environment. This push towards Green Chemicals has a significant positive impact on the Vietnam construction chemical industry.
Strong Government Investments: In order to revive the economy and drive growth, the government has allocated USD ~ $35 billion to its economic recovery plan for the 2022-2023 period. Through this plan, the government is promoting infrastructure development. For instance, the Government has approved infrastructure projects like the construction of four airport in Sa Pa, Quang Tri, Lai Chau and Phan Thiet which are expected to kick off in late 2022 and early 2023. More projects like Bac Tan Uyen Vietnam-Singapore Industrial Park III and Rach Mieu II Bridge are also in the pipeline. Moreover, through its 2022 budget, the government has focused on bolstering the economic recovery and progressing post-pandemic reforms like master plan of urban development in Vietnam, Vision development urban water supply, urban drainage orientation to Vietnam. With all these government initiatives, the Vietnam Construction Chemical industry is expected to see a robust growth.
Analysts at Ken Research in their latest publication "Vietnam Construction Chemical Market Outlook to 2027F - Driven by growing construction sector, high FDI Investments and favorable government initiative" by Ken Research observed that Vietnam Construction Chemical market is in the growing phase, growing at CAGR of 5.6% between 2017-2022E owning to the influx of FDI, availability of cheap & abundant raw material, major merger & acquisitions, rapid urbanization, increasing use of green chemicals and strong government investments. It is expected that Vietnam Construction Chemical market will continue to grow, at a CAGR of 11.9% for the 2022-2027F forecasted period.
Key Segments Covered:-
Vietnam Construction Chemical Market
By Region, 2022E & 2027F
Northern Vietnam
Central Vietnam
Southern Vietnam
By End-User, 2022E & 2027F
Commercial
Industrial
Residential
By Product Type, 2022E & 2027F
Industrial Flooring
Sealants & Adhesives
Coating
Grouting Chemicals
Repair & Rehabilitation Chemicals
Waterproofing
Concrete Admixtures
By Product Type), 2022E & 2027F
Organized
Unorganized
Request For Free Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MjMy
By Type of Concrete Admixtures, 2022E & 2027F
Organized
Unorganized
By Type of Waterproofing, 2022E & 2027F
Organized
Unorganized
By Type of Grouting Chemicals, 2022E & 2027F
Organized
Unorganized
By Type of Repair & Rehabilitation Chemicals, 2022E & 2027F
Organized
Unorganized
By Type of Coating Chemicals, 2022E & 2027F
Organized
Unorganized
By Type of Sealants & Adhesives Chemicals, 2022E & 2027F
Organized
Unorganized
By Type of Industrial Flooring Chemicals, 2022E & 2027F
Organized
Unorganized
Ask for Customization @ https://www.kenresearch.com/ask-customization.php?Frmdetails=NTk2MjMy
Key Target Audience:-
Construction Chemical companies
Concrete Additive companies
Waterproofing companies
Adhesive and Sealant Companies
Grouting chemical companies
Coating companies
Time Period Captured in the Report:-
Historical Period: 2017-2022E
Base Year: 2022E
Forecast Period: 2022E - 2027F
Companies Covered:-
Sika
MAPEI
FOSROC
MBCC Group
BASF
GCP
Bestmix
Silkroad
MC BIFI
Dow
Key Topics Covered in the Report:-
Country Overview of Vietnam
Vietnam Construction Chemical Market Overview
Vietnam Construction Chemical Market Size Overview, 2017-2022E
Vietnam Construction Chemical Market Segmentation
Industry Analysis of Vietnam Construction Chemical Market
Porter's Five Forces
Challenges in Vietnam Construction Chemical Market
Trends & Developments in Vietnam Construction Chemical Market
Swot Analysis of Vietnam Construction Chemical Market
List of Vietnam Construction Projects
Major Mergers & Investments in Construction Chemical Industry
End User Analysis of Vietnam Construction Chemical Market
Covid-19 Impact on Vietnam Construction Chemical Market
Competition Framework of Vietnam Construction Chemical Market (Inception, global presence, manufacturing plants, business verticals, end-user, brands, Est. revenue)
Future Outlook to Vietnam Construction Chemical Market 2022E-2027F
Analyst Recommendation
For more insights on the market intelligence, refer to the link below:-
https://www.kenresearch.com/manufacturing-and-construction/construction-materials/vietnam-construction-chemical-market-outlook-to-2027/596232-97.html
Related Reports by Ken Research:-
https://www.kenresearch.com/manufacturing-and-construction/construction-materials/indonesian-construction-chemicals-market-outlook-to-2025/464499-97.html
https://www.kenresearch.com/manufacturing-and-construction/construction-materials/india-construction-chemicals-market-outlook-to-2025/434142-97.html
Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India
Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Vietnam Construction Chemical market revenue is expected to get doubled by 2027F with a CAGR of ~11.9% between 2022E-2027F owing to rapid urbanization, increasing use of green chemicals and strong government investments: Ken Research here
News-ID: 2900784 • Views: …
More Releases from Ken Research Pvt .Ltd

Ken Research Stated UAE Lubricants Market to Reached USD 1 Billion
Comprehensive market analysis maps demand pockets, re-export corridors, and strategic imperatives across automotive, industrial, and marine end-use in the UAE's lubricant ecosystem.
Delhi, India - October 6, 2025 - Ken Research released its strategic market analysis titled "UAE Lubricants Market Outlook to 2030," revealing that the current market size is valued at USD 1 billion, based on a five-year historical analysis. The comprehensive analysis details how the market is expected to…

India Apparel Market Crosses USD 68 Billion Milestone - Latest Insights by Ken R …
Comprehensive market analysis maps consumer evolution, retail transformation, and policy-led competitiveness shaping India's apparel ecosystem.
Delhi, India - October 6, 2025 - Ken Research released its strategic market analysis titled "India Apparel Market Outlook to 2030," revealing that the current market size is valued at USD 68 billion, based on a five-year historical analysis. The detailed analysis outlines how the market is poised to expand, driven by rising disposable incomes, rapid…

Philippines E-commerce Logistics Market - Ken Research Stated the Sector is Valu …
Comprehensive market analysis maps exponential growth trajectory, investment opportunities, and strategic imperatives for industry leaders in the Philippines' rapidly evolving e-commerce logistics ecosystem.
Delhi, India - October 6, 2025 - Ken Research released its strategic market analysis titled "Philippines E-commerce Logistics Market Outlook to 2028," revealing that the current market size is valued at over USD 1700 million, based on a five-year historical analysis. The comprehensive analysis details how the market…

Budaun & Pilibhit Oncology Market - Ken Research Stated the Sector is Recorded a …
Comprehensive analysis charts rising incidence, capacity build-out, and investment pathways across two high-potential Uttar Pradesh districts.
Delhi, India - October 3, 2025 - Ken Research released its strategic market analysis titled "Budaun & Pilibhit Oncology Market Outlook to 2029," revealing that the current market size is recorded at 8,870 cases, based on a five-year historical analysis. The comprehensive analysis details how the market is expected to expand, driven by rising cancer…
More Releases for Vietnam
Vietnam beverages Market : Key Findings for Market Analysis and Business Plannin …
Vietnam beverages Market Analysis and Forecast, 2019-2028
The Vietnam beverages market was over US$ 2.5 billion in 2019 and is expected to grow at a CAGR of around 14.2% over the forecast period of 2022-2028.
Market Overview
The Vietnam beverages market study by RationalStat comprises comprehensive market analysis and insights across the key market segments and geography. The market report analyzes the Vietnam market for the historical period of 2019-2021 and the forecast…
Vietnam beverages Market | Outlook and Opportunities: A Forecast of Growth, Inve …
Vietnam beverages Market Analysis and Forecast, 2022-2028
The Vietnam beverages market was US$ 480 Bn in 2021 and is expected to grow at a CAGR of around 12.5% over the forecast period of 2022-2028.
Download PDF Sample of beverages Market report @ https://www.themarketinsights.com/request-sample/280160
Market Scope & Overview
The Vietnam beverages market study by RationalStat comprises comprehensive market analysis and insights across the key market segments and geography. The market report analyzes the Vietnam market…
Vietnam Two Wheeler Tire Market Size Boosting The Growth Worldwide | Kenda Rubbe …
Vietnam two wheeler tire market is expected to continue growing owing to the expanding private-public investment in two-wheeler production in the country and increasing vehicle ownership owing to the rising disposable income of the consumers
A recent study conducted by the strategic consulting and market research firm Report Ocean revealed that the Vietnam two wheeler tire market witnessed sales of 40.4 million units in the year 2021 and this sales figures…
Vietnam beverages market Key Information By Top Key Player | Sabeco, Heineken Vi …
The Vietnam beverages market was over US$ 2.5 billion in 2019 and is expected to grow at a CAGR of around 14.2% over the forecast period of 2022-2028.
Market Scope & Overview
The Vietnam beverages market study by RationalStat comprises comprehensive market analysis and insights across the key market segments and geography. The market report analyzes the Vietnam market for the historical period of 2019-2021 and the forecast period of 2022-2028 based…
Vietnam Agriculture Market, Vietnam Agriculture Industry, Vietnam Agriculture Li …
Agriculture has always been of pronounced importance for Vietnam, as feeding the realm’s largest population is not a relaxed task. The Vietnam government has been associate the agriculture industry with a number of policies, demanding to alleviate the output and seeking methods to ensure the sector is developing healthily and sustainably. The Vietnam federal government has been decidedly supportive of agriculture for decades, and there is extensive political consensus as…
The Baby Food Sector in Vietnam, 2018 Key Trends and Opportunities By Vietnam Da …
"The Baby Food Sector in Vietnam, 2018", is an analytical report by GlobalData which provides extensive and highly detailed current and future market trends in the Vietnamese market.
Vietnamese mothers have prepared fresh food for their babies but, as the economy has developed and more women have been drawn into the urban workplace, these mothers have increasingly found they have less time to spend preparing food and to spend with their…