Vietnam Floor Adhesive Market is projected to grow at a CAGR of over 8% during 2023-2027 owing to economic recovery coupled with government investment in residential and commercial construction. The growth of the floor adhesive market is also driven by developments in flooring materials used in the residential, commercial, and industrial sectors. Moreover, government investment in public infrastructure and educational healthcare buildings as part of the 2018–2022 Development Plan will support to the growth of floor adhesives market in Vietnam.
Based on application, the floor adhesive market has been categorised into tile & stone, carpet, wood, vinyl, and sports & rubber and others. In 2018, the tile & stone application segment dominated the market and is projected to dominate the market during the forecast period as well owing to the increasing infrastructural development in the country. The government of Vietnam aims to raise Vietnam’s housing area per capita and is planning to construct 1 million affordable houses by 2022, moreover, the government has also launched various social housing programs such as housing for poor rural families program and low-income urban social housing-local government, which will further boost the demand for floor adhesive in the country.
Some of the leading players in the Vietnam Floor Adhesive Market are Bostik SA, Mapei S.P.A., Laticrete International Inc., Forbo Holding AG, Wacker Chemie AG, The DOW Chemical Company, Henkel AG & Co. KGaA, Sika AG, Pidilite Industries Limited, BASF etc.
Objective of the Study
- To analyse and forecast the market size of Floor
Adhesive Market, in terms of value & volume.
- To classify and forecast Vietnam Floor
Adhesive Market based on resin type, technology, application, end-use
industry and regional distribution.
- To identify drivers and challenges for Vietnam
Floor Adhesive Market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Vietnam
Floor Adhesive Market.
- To conduct the pricing analysis for Floor
Adhesive Market.
- To identify and analyse the profile of leading
players involved in the manufacturing of Vietnam Floor Adhesive Market.
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Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of manufacturers across Vietnam. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market Insights Research could include the suppliers which could not be identified due to the limitations of secondary research. Market Insights Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across Vietnam.
Market Insights Research calculated the market size of Vietnam
Key Target Audience
- Floor Adhesive
manufacturers
- Traders, Distributors, and
Suppliers
- End-Users
- Raw Material Suppliers
- Industry associations and
experts
- Research organizations and
consulting companies.
- Research Institutes
- Industry associations
- Market research and
consulting firm.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Attribute
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Details
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Base Year
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2021
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Historical Data
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2017 – 2020
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Estimated Year
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2022
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Forecast Period
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2023 – 2027
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Quantitative Units
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Revenue in USD Million, Volume in
Units and CAGR for 2017-2021 and 2022E-2027F
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Report coverage
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Revenue forecast, volume forecast, company share,
competitive landscape, growth factors, and trends
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Segments covered
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Resin Type
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Technology
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Application
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End Use Industry
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Regional scope
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Central Region, Northern Region, Southern Region
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Key companies profiled
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Bostik SA, Mapei S.P.A., Laticrete
International Inc., Forbo Holding AG, Wacker Chemie AG, The DOW Chemical
Company, Henkel AG & Co. KGaA, Sika AG, Pidilite Industries Limited, BASF.
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Customization scope
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10% free report customization with purchase. Addition
or alteration to country, regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to
meet your exact research needs. Explore purchase options
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Delivery Format
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PDF and Excel through Email (We can also provide the
editable version of the report in PPT/Word format on special request)
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