Vietnam Construction Chemicals Market Report and Forecast 2025-2034
Market Report I 2025-06-06 I 125 Pages I EMR Inc.
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.
Vietnam Construction Chemicals Market Growth
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 Industry Segmentation
"Vietnam Construction Chemicals Market Report and Forecast 2025-2034" offers a detailed analysis of the market based on the following segments:
Market Breakup by Type:
- Concrete Admixtures
- Waterproofing and Roofing Solutions
- Repair and Rehabilitation Chemicals
- Sealants and Adhesives
- Cement Grinding Aids
- Industrial Flooring
- Others
Market Breakup by End Use:
- Residential
- Commercial
- Industrial and Institutional
Market Breakup by Region:
- Southeast
- Red River Delta
- Mekong River Delta
- South Central Coast
- Others
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
- Others
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
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Waterproofing and Roofing Solutions
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 Repair and Rehabilitation Chemicals
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
7.4 Sealants and Adhesives
7.4.1 Historical Trend (2018-2024)
7.4.2 Forecast Trend (2025-2034)
7.5 Cement Grinding Aids
7.5.1 Historical Trend (2018-2024)
7.5.2 Forecast Trend (2025-2034)
7.6 Industrial Flooring
7.6.1 Historical Trend (2018-2024)
7.6.2 Forecast Trend (2025-2034)
7.7 Others
8 Vietnam Construction Chemicals Market by End Use
8.1 Residential
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Commercial
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 Industrial and Institutional
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
9 Vietnam Construction Chemicals Market by Region
9.1 Southeast
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Red River Delta
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 Mekong River Delta
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
9.4 South Central Coast
9.4.1 Historical Trend (2018-2024)
9.4.2 Forecast Trend (2025-2034)
9.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter's Five Forces Analysis
10.2.1 Supplier's Power
10.2.2 Buyer's Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
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 Sika AG
11.5.1.1 Company Overview
11.5.1.2 Product Portfolio
11.5.1.3 Demographic Reach and Achievements
11.5.1.4 Certifications
11.5.2 Arkema S.A.
11.5.2.1 Company Overview
11.5.2.2 Product Portfolio
11.5.2.3 Demographic Reach and Achievements
11.5.2.4 Certifications
11.5.3 Compagnie de Saint Gobain SA
11.5.3.1 Company Overview
11.5.3.2 Product Portfolio
11.5.3.3 Demographic Reach and Achievements
11.5.3.4 Certifications
11.5.4 3M Company
11.5.4.1 Company Overview
11.5.4.2 Product Portfolio
11.5.4.3 Demographic Reach and Achievements
11.5.4.4 Certifications
11.5.5 Bestmix Corporation
11.5.5.1 Company Overview
11.5.5.2 Product Portfolio
11.5.5.3 Demographic Reach and Achievements
11.5.5.4 Certifications
11.5.6 Henkel AG & Co KGaA
11.5.6.1 Company Overview
11.5.6.2 Product Portfolio
11.5.6.3 Demographic Reach and Achievements
11.5.6.4 Certifications
11.5.7 KKS GROUP, JSC.
11.5.7.1 Company Overview
11.5.7.2 Product Portfolio
11.5.7.3 Demographic Reach and Achievements
11.5.7.4 Certifications
11.5.8 MAPEI S.p.A.
11.5.8.1 Company Overview
11.5.8.2 Product Portfolio
11.5.8.3 Demographic Reach and Achievements
11.5.8.4 Certifications
11.5.9 Fosroc, Inc.
11.5.9.1 Company Overview
11.5.9.2 Product Portfolio
11.5.9.3 Demographic Reach and Achievements
11.5.9.4 Certifications
11.5.10 MC-Bauchemie Muller GmbH & Co. KG
11.5.10.1 Company Overview
11.5.10.2 Product Portfolio
11.5.10.3 Demographic Reach and Achievements
11.5.10.4 Certifications
11.5.11 Others
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