Product Code: ETC418406 | Publication Date: Oct 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Vietnam Cellular Glass Market is likely to experience consistent growth rate gains over the period 2025 to 2029. The growth rate starts at 8.30% in 2025 and reaches 10.52% by 2029.
By 2027, Vietnam's Cellular Glass market is forecasted to achieve a growing growth rate of 9.54%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
The Vietnam Cellular Glass market is growing as cellular glass finds applications in construction and industrial sectors. Cellular glass is a lightweight and thermally insulating material used for thermal insulation and fire protection in buildings and industrial facilities. With increasing urbanization and the need for energy-efficient construction solutions, the demand for cellular glass is rising. Additionally, industrial applications, such as cryogenic insulation and chemical processing, drive market growth. As Vietnam continues to develop its infrastructure and manufacturing capabilities, the cellular glass market is poised for expansion.
The Vietnam cellular glass market is expanding due to the need for energy-efficient and sustainable construction materials. Cellular glass is highly insulating, making it ideal for both residential and industrial buildings. With a growing emphasis on energy conservation and green building practices, the demand for cellular glass as an insulation material is on the rise.
In the Vietnam cellular glass market, challenges are primarily related to educating consumers and builders about the benefits of cellular glass insulation. This niche product offers excellent insulation properties, but awareness and adoption remain low. Convincing stakeholders to invest in a more sustainable and energy-efficient solution can be a lengthy process.
The cellular glass market in Vietnam was affected by the pandemic due to delays in construction projects and disruptions in the supply chain. As construction activity slowed down, demand for insulation materials, including cellular glass, decreased. However, with the government`s focus on infrastructure development, the market is likely to recover as construction projects resume and energy efficiency becomes a priority.
The cellular glass market in Vietnam is influenced by global players, and one of them is Pittsburgh Corning (Vietnam) Ltd. Known for its high-performance cellular glass insulation solutions, Pittsburgh Corning has a strong presence in the construction and industrial sectors. Their commitment to energy efficiency and sustainability aligns with the growing demand for green building materials 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 Cellular Glass Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Cellular Glass Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Cellular Glass Market - Industry Life Cycle |
3.4 Vietnam Cellular Glass Market - Porter's Five Forces |
3.5 Vietnam Cellular Glass Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Vietnam Cellular Glass Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Vietnam Cellular Glass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Cellular Glass Market Trends |
6 Vietnam Cellular Glass Market, By Types |
6.1 Vietnam Cellular Glass Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Cellular Glass Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Vietnam Cellular Glass Market Revenues & Volume, By Blocks & Shells, 2021-2031F |
6.1.4 Vietnam Cellular Glass Market Revenues & Volume, By Foam Glass Gravels, 2021-2031F |
6.2 Vietnam Cellular Glass Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Cellular Glass Market Revenues & Volume, By Construction, 2021-2031F |
6.2.3 Vietnam Cellular Glass Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 Vietnam Cellular Glass Market Revenues & Volume, By Consumer Abrasive, 2021-2031F |
7 Vietnam Cellular Glass Market Import-Export Trade Statistics |
7.1 Vietnam Cellular Glass Market Export to Major Countries |
7.2 Vietnam Cellular Glass Market Imports from Major Countries |
8 Vietnam Cellular Glass Market Key Performance Indicators |
9 Vietnam Cellular Glass Market - Opportunity Assessment |
9.1 Vietnam Cellular Glass Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Vietnam Cellular Glass Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Vietnam Cellular Glass Market - Competitive Landscape |
10.1 Vietnam Cellular Glass Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Cellular Glass Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |