| Product Code: ETC4480111 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Vietnam Acrylic Emulsions Market is witnessing a surge in demand as these water-based emulsions find extensive use in coatings, adhesives, and construction materials. Acrylic emulsions offer advantages such as low volatile organic compound (VOC) content, environmental friendliness, and improved performance characteristics. The market in Vietnam is characterized by a growing preference for eco-friendly and sustainable solutions in the construction and paint industries. As regulations and consumer preferences drive the shift towards water-based formulations, the Acrylic Emulsions Market in Vietnam is poised for continuous growth, driven by the need for high-performance and environmentally conscious materials.
The Vietnam Acrylic Emulsions market is driven by the expanding construction and coatings industries in the country. Acrylic emulsions are versatile and find extensive use in architectural coatings, adhesives, and sealants, among other applications. With the construction sector experiencing rapid growth, there is a significant demand for acrylic emulsions for use in paints and coatings for both residential and commercial buildings. Additionally, the trend toward sustainable and low-VOC (volatile organic compounds) coatings is boosting the adoption of acrylic emulsions as they are environmentally friendly. The growing automotive sector is also contributing to the demand for acrylic emulsions, as they are used in the production of automotive coatings. Moreover, the increasing focus on innovation and product development in the adhesive and sealant industry is driving the use of acrylic emulsions in various applications, including packaging, automotive, and construction.
The acrylic emulsions market in Vietnam faces challenges in terms of raw material availability and price volatility. Fluctuations in the prices of acrylic monomers and other key components impact production costs, affecting the overall competitiveness of market players. Regulatory compliance and the need for environmentally friendly formulations pose additional challenges, requiring continuous innovation in emulsion technologies. The market is also influenced by competition from alternative binders and coatings, necessitating strategic positioning and differentiation to capture and retain market share.
The Vietnam Acrylic Emulsions market witnessed a nuanced impact from the COVID-19 pandemic. As a key component in various industries, including paints and coatings, the market experienced disruptions in both supply and demand. The construction sector, a major consumer of acrylic emulsions, faced project delays and cancellations, impacting the demand side. On the supply side, manufacturers grappled with challenges such as raw material shortages, workforce disruptions, and logistic bottlenecks. The market players had to adapt swiftly, reevaluate their production and distribution strategies, and explore new avenues for growth amid the uncertainties imposed by the pandemic.
The Vietnam Acrylic Emulsions market is characterized by the presence of key players driving innovation and market growth. BASF SE stands out as a major player, leveraging its extensive expertise in the chemical industry to offer high-quality acrylic emulsions. DowDuPont Inc. is another significant contributor to the market, renowned for its diversified product portfolio and commitment to sustainable solutions. Additionally, Arkema S.A. has made noteworthy strides in the Vietnamese acrylic emulsions market, emphasizing product development and technological advancements.
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 Acrylic Emulsions Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Acrylic Emulsions Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Acrylic Emulsions Market - Industry Life Cycle |
3.4 Vietnam Acrylic Emulsions Market - Porter's Five Forces |
3.5 Vietnam Acrylic Emulsions Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Acrylic Emulsions Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Vietnam Acrylic Emulsions Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for eco-friendly and sustainable paint solutions |
4.2.2 Increasing investments in infrastructure development projects in Vietnam |
4.2.3 Rising adoption of water-based coatings in various industries |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices affecting production costs |
4.3.2 Lack of awareness and education about the benefits of acrylic emulsions |
4.3.3 Presence of substitute products in the market |
5 Vietnam Acrylic Emulsions Market Trends |
6 Vietnam Acrylic Emulsions Market, By Types |
6.1 Vietnam Acrylic Emulsions Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Acrylic Emulsions Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Acrylic Emulsions Market Revenues & Volume, By Pure Acrylic, 2021-2031F |
6.1.4 Vietnam Acrylic Emulsions Market Revenues & Volume, By Polymer & Copolymer, 2021-2031F |
6.2 Vietnam Acrylic Emulsions Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Acrylic Emulsions Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.2.3 Vietnam Acrylic Emulsions Market Revenues & Volume, By Paper Coating, 2021-2031F |
6.2.4 Vietnam Acrylic Emulsions Market Revenues & Volume, By Construction Additives, 2021-2031F |
6.2.5 Vietnam Acrylic Emulsions Market Revenues & Volume, By Adhesives & Sealants, 2021-2031F |
7 Vietnam Acrylic Emulsions Market Import-Export Trade Statistics |
7.1 Vietnam Acrylic Emulsions Market Export to Major Countries |
7.2 Vietnam Acrylic Emulsions Market Imports from Major Countries |
8 Vietnam Acrylic Emulsions Market Key Performance Indicators |
8.1 Adoption rate of eco-friendly paint solutions in Vietnam |
8.2 Number of infrastructure projects utilizing acrylic emulsions |
8.3 Growth in market penetration of water-based coatings in key industries |
9 Vietnam Acrylic Emulsions Market - Opportunity Assessment |
9.1 Vietnam Acrylic Emulsions Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Acrylic Emulsions Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Vietnam Acrylic Emulsions Market - Competitive Landscape |
10.1 Vietnam Acrylic Emulsions Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Acrylic Emulsions Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |