Vietnam Chemicals Market (2025-2031) Outlook | Analysis, Growth, Revenue, Forecast, Share, Companies, Trends, Industry, Size & Value

Market Forecast By Type (Agrochemicals, Dyes and Pigments, Construction Chemicals, Specialty Polymers, Textile Chemicals, Base Ingredients, Surfactants, Others) And Competitive Landscape
Product Code: ETC251310 Publication Date: Aug 2022 Updated Date: Aug 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Vietnam Chemicals Market Size Growth Rate


The Vietnam Chemicals Market is poised for steady growth rate improvements from 2025 to 2029. Commencing at 11.40% in 2025, growth builds up to 13.65% by 2029.

Vietnam Chemicals Market Growth Rate

Chemicals Market: Vietnam vs Top 5 Major Economies in 2027 (Asia)


The Chemicals market in Vietnam is projected to grow at a high growth rate of 12.74% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.

Chemicals Market: Vietnam vs Top 5 Major Economies in 2027 (Asia)

Vietnam Chemicals Market Synopsis

The Vietnam chemicals market encompasses a wide range of chemical products used in various industries, including manufacturing, agriculture, and healthcare. Chemicals serve as raw materials, solvents, and additives in numerous processes and applications. The market supports diverse industries and businesses requiring chemical solutions for their operations.

Drivers of the Market

The Vietnam chemicals market has witnessed growth driven by its wide-ranging applications in various industries, including manufacturing, agriculture, and healthcare. A significant driver is the demand for chemicals known for their role in production processes, agricultural inputs, and pharmaceutical formulations. As industrial and agricultural sectors expand in Vietnam, the market for chemicals has grown to support production, crop protection, and healthcare needs. Moreover, innovations in chemical formulations, safety measures, and environmental compliance have contributed to the growth of this sector.

Challenges of the Market

Challenges in the Vietnam chemicals market include the need for safe and compliant chemical products across various industries. Ensuring chemical quality, regulatory compliance, and addressing environmental and safety concerns while managing production costs are ongoing hurdles. Market players must also stay updated on chemical regulations and industry-specific requirements.

COVID-19 Impact on the Market

The COVID-19 pandemic significantly influenced the Vietnam chemicals market. Disruptions in manufacturing, supply chain interruptions, and changes in industrial processes affected the production and distribution of various chemical products. However, as industries adapted to new norms and the need for chemicals persisted post-pandemic, the market showed signs of recovery.

Key Players in the Market

Key players in the Vietnam chemicals market include chemical manufacturers such as PetroVietnam Chemicals and relevant companies supplying a wide range of chemical products for various industries.

Key Highlights of the Report:

  • Vietnam Chemicals Market Outlook
  • Market Size of Vietnam Chemicals Market, 2024
  • Forecast of Vietnam Chemicals Market, 2031
  • Historical Data and Forecast of Vietnam Chemicals Revenues & Volume for the Period 2021-2031
  • Vietnam Chemicals Market Trend Evolution
  • Vietnam Chemicals Market Drivers and Challenges
  • Vietnam Chemicals Price Trends
  • Vietnam Chemicals Porter's Five Forces
  • Vietnam Chemicals Industry Life Cycle
  • Historical Data and Forecast of Vietnam Chemicals Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Chemicals Market Revenues & Volume By Agrochemicals for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Chemicals Market Revenues & Volume By Dyes and Pigments for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Chemicals Market Revenues & Volume By Construction Chemicals for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Chemicals Market Revenues & Volume By Specialty Polymers for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Chemicals Market Revenues & Volume By Textile Chemicals for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Chemicals Market Revenues & Volume By Base Ingredients for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Chemicals Market Revenues & Volume By Surfactants for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Agrochemicals Chemicals Market Revenues & Volume By Others for the Period 2021-2031
  • Vietnam Chemicals Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Vietnam Chemicals Top Companies Market Share
  • Vietnam Chemicals Competitive Benchmarking By Technical and Operational Parameters
  • Vietnam Chemicals Company Profiles
  • Vietnam Chemicals Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Vietnam Chemicals Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Vietnam Chemicals Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Vietnam Chemicals Market Overview

3.1 Vietnam Country Macro Economic Indicators

3.2 Vietnam Chemicals Market Revenues & Volume, 2021 & 2031F

3.3 Vietnam Chemicals Market - Industry Life Cycle

3.4 Vietnam Chemicals Market - Porter's Five Forces

3.5 Vietnam Chemicals Market Revenues & Volume Share, By Type, 2021 & 2031F

4 Vietnam Chemicals Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing industrialization and urbanization in Vietnam leading to higher demand for chemicals across various sectors.

4.2.2 Government initiatives and investments in infrastructure development stimulating the chemicals market.

4.2.3 Growing foreign direct investment (FDI) in Vietnam's chemical industry driving market expansion.

4.3 Market Restraints

4.3.1 Environmental concerns and regulations impacting the production and usage of chemicals.

4.3.2 Fluctuating raw material prices affecting the overall cost structure of chemical manufacturers.

5 Vietnam Chemicals Market Trends

6 Vietnam Chemicals Market, By Types

6.1 Vietnam Chemicals Market, By Type

6.1.1 Overview and Analysis

6.1.2 Vietnam Chemicals Market Revenues & Volume, By Type, 2021-2031F

6.1.3 Vietnam Chemicals Market Revenues & Volume, By Agrochemicals, 2021-2031F

6.1.4 Vietnam Chemicals Market Revenues & Volume, By Dyes and Pigments, 2021-2031F

6.1.5 Vietnam Chemicals Market Revenues & Volume, By Construction Chemicals, 2021-2031F

6.1.6 Vietnam Chemicals Market Revenues & Volume, By Specialty Polymers, 2021-2031F

6.1.7 Vietnam Chemicals Market Revenues & Volume, By Textile Chemicals, 2021-2031F

6.1.8 Vietnam Chemicals Market Revenues & Volume, By Base Ingredients, 2021-2031F

6.1.9 Vietnam Chemicals Market Revenues & Volume, By Others, 2021-2031F

6.1.10 Vietnam Chemicals Market Revenues & Volume, By Others, 2021-2031F

7 Vietnam Chemicals Market Import-Export Trade Statistics

7.1 Vietnam Chemicals Market Export to Major Countries

7.2 Vietnam Chemicals Market Imports from Major Countries

8 Vietnam Chemicals Market Key Performance Indicators

8.1 Energy efficiency improvements in chemical production processes.

8.2 Adoption of sustainable practices and certifications within the chemical industry.

8.3 Research and development investments in green chemistry and bio-based chemicals.

8.4 Compliance with safety and quality standards in chemical manufacturing processes.

9 Vietnam Chemicals Market - Opportunity Assessment

9.1 Vietnam Chemicals Market Opportunity Assessment, By Type, 2021 & 2031F

10 Vietnam Chemicals Market - Competitive Landscape

10.1 Vietnam Chemicals Market Revenue Share, By Companies, 2024

10.2 Vietnam Chemicals Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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