Market Forecast By Type (Water-borne, Solvent-borne), By Application (Laundry & Detergent, Dish Washing, Industrial & Institutional, Hard Surface Cleaning, Others) And Competitive Landscape
| Product Code: ETC310950 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Vietnam Acrylic Polymer Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 13.52% in 2025, the market peaks at 15.62% in 2027, and settles at 12.55% by 2029.

Vietnam's Acrylic Polymer market is anticipated to experience a exponential growth rate of 15.62% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.

The acrylic polymer market in Vietnam is characterized by its diverse applications in paints, adhesives, and construction materials. The market has experienced sustained growth, driven by the construction boom and increasing urbanization. Key players in the market focus on developing high-performance acrylic polymers to meet the evolving needs of end-users. The market`s competitiveness is marked by continuous research and development activities, emphasizing the enhancement of product properties and sustainability.
The Vietnam Acrylic Polymer market is witnessing significant growth driven by several key factors. The versatile applications of acrylic polymers in coatings, adhesives, and sealants across industries contribute to market expansion. The construction sector`s reliance on acrylic polymers for waterproofing and protective coatings enhances market demand. Additionally, the automotive industry`s use of acrylic polymers in paint and coating formulations for durability and aesthetics positively influences market dynamics. The continuous focus on product development and innovation, including the introduction of high-performance acrylic polymers, further stimulates market growth. Moreover, the growing awareness of environmental sustainability and the shift toward water-based acrylic polymer formulations align with global trends, shaping the market positively.
In the Vietnam Acrylic Polymer Market, challenges arise from the competitive landscape and the constant need for product innovation. Manufacturers face pressure to develop high-performance acrylic polymers that cater to diverse industrial applications. Moreover, regulatory requirements for product safety and environmental sustainability pose additional challenges, necessitating continuous investments in research and development.
The Vietnam Acrylic Polymer market faced challenges during the COVID-19 pandemic, with disruptions in production and distribution impacting the supply chain. The decline in manufacturing activities and reduced demand from end-use industries, including coatings and adhesives, affected market growth. However, the adaptability of acrylic polymers for various applications, including healthcare and packaging, presented opportunities during the crisis. As economic activities resume, the Vietnam Acrylic Polymer market is expected to recover, driven by increased demand from multiple sectors.
In the Vietnam Acrylic Polymer market, influential players such as PetroVietnam, Binh Son Refining and Petrochemical Company Limited (BSR), and Phu My Plastics Production Co., Ltd. are key contributors to the industry`s growth. These companies are integral to the production and supply chain of acrylic polymers, serving industries such as paints, coatings, and adhesives. With a focus on product quality and technological advancements, these key players play a vital role in shaping the trajectory of the acrylic polymer market in Vietnam.
| 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 Polymer Market Overview |
| 3.1 Vietnam Country Macro Economic Indicators |
| 3.2 Vietnam Acrylic Polymer Market Revenues & Volume, 2021 & 2031F |
| 3.3 Vietnam Acrylic Polymer Market - Industry Life Cycle |
| 3.4 Vietnam Acrylic Polymer Market - Porter's Five Forces |
| 3.5 Vietnam Acrylic Polymer Market Revenues & Volume Share, By Type, 2021 & 2031F |
| 3.6 Vietnam Acrylic Polymer Market Revenues & Volume Share, By Application, 2021 & 2031F |
| 4 Vietnam Acrylic Polymer Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.2.1 Growing demand for acrylic polymers in the construction industry due to their properties like durability, weather resistance, and flexibility. |
| 4.2.2 Increasing adoption of acrylic polymers in the automotive sector for applications such as coatings, adhesives, and sealants. |
| 4.3 Market Restraints |
| 4.3.1 Fluctuating prices of raw materials used in acrylic polymer production, impacting the overall production costs. |
| 4.3.2 Environmental concerns and regulations regarding the use and disposal of acrylic polymers, leading to increased scrutiny and compliance costs. |
| 5 Vietnam Acrylic Polymer Market Trends |
| 6 Vietnam Acrylic Polymer Market, By Types |
| 6.1 Vietnam Acrylic Polymer Market, By Type |
| 6.1.1 Overview and Analysis |
| 6.1.2 Vietnam Acrylic Polymer Market Revenues & Volume, By Type, 2021-2031F |
| 6.1.3 Vietnam Acrylic Polymer Market Revenues & Volume, By Water-borne, 2021-2031F |
| 6.1.4 Vietnam Acrylic Polymer Market Revenues & Volume, By Solvent-borne, 2021-2031F |
| 6.2 Vietnam Acrylic Polymer Market, By Application |
| 6.2.1 Overview and Analysis |
| 6.2.2 Vietnam Acrylic Polymer Market Revenues & Volume, By Laundry & Detergent, 2021-2031F |
| 6.2.3 Vietnam Acrylic Polymer Market Revenues & Volume, By Dish Washing, 2021-2031F |
| 6.2.4 Vietnam Acrylic Polymer Market Revenues & Volume, By Industrial & Institutional, 2021-2031F |
| 6.2.5 Vietnam Acrylic Polymer Market Revenues & Volume, By Hard Surface Cleaning, 2021-2031F |
| 6.2.6 Vietnam Acrylic Polymer Market Revenues & Volume, By Others, 2021-2031F |
| 7 Vietnam Acrylic Polymer Market Import-Export Trade Statistics |
| 7.1 Vietnam Acrylic Polymer Market Export to Major Countries |
| 7.2 Vietnam Acrylic Polymer Market Imports from Major Countries |
| 8 Vietnam Acrylic Polymer Market Key Performance Indicators |
8.1 Research and development investment in new acrylic polymer technologies or applications. |
8.2 Number of patents filed for acrylic polymer innovations. |
8.3 Percentage of market share held by eco-friendly or sustainable acrylic polymer products. |
| 9 Vietnam Acrylic Polymer Market - Opportunity Assessment |
| 9.1 Vietnam Acrylic Polymer Market Opportunity Assessment, By Type, 2021 & 2031F |
| 9.2 Vietnam Acrylic Polymer Market Opportunity Assessment, By Application, 2021 & 2031F |
| 10 Vietnam Acrylic Polymer Market - Competitive Landscape |
| 10.1 Vietnam Acrylic Polymer Market Revenue Share, By Companies, 2024 |
| 10.2 Vietnam Acrylic Polymer Market Competitive Benchmarking, By Operating and Technical Parameters |
| 11 Company Profiles |
| 12 Recommendations |
| 13 Disclaimer |