Product Code: ETC103309 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Vietnam Gypsum Market is poised for steady growth rate improvements from 2025 to 2029. Commencing at 10.93% in 2025, growth builds up to 13.20% by 2029.
Vietnam's Gypsum market is anticipated to experience a high growth rate of 12.26% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The Vietnam Gypsum market is characterized by a steady growth trajectory, driven by the burgeoning construction industry in the region. Gypsum, a crucial component in the production of construction materials, is witnessing increased demand owing to a surge in infrastructure projects. The market`s dynamics are influenced by factors such as urbanization, rising disposable income, and a growing emphasis on sustainable building practices. As Vietnam continues to invest in its construction sector, the Gypsum market is poised for sustained expansion, attracting both domestic and international players.
The Vietnam Gypsum market is driven by several factors. Gypsum is a versatile material used in construction, agriculture, and various industrial processes. The growth of the construction industry in Vietnam, driven by urbanization and infrastructure development, fuels the demand for gypsum products. Moreover, the emphasis on sustainable and energy-efficient building practices promotes the use of gypsum-based materials. The agricultural sector also relies on gypsum for soil conditioning, contributing to the market`s growth.
The Vietnam Gypsum market encounters various challenges that affect its growth. One significant challenge is the environmental impact of gypsum mining and the disposal of waste gypsum materials. Sustainable mining practices and waste management are becoming crucial in the industry, and adherence to environmental regulations is essential. Additionally, fluctuations in gypsum prices and the reliance on construction and real estate sectors for demand make the market vulnerable to economic downturns. Competition from alternative construction materials and the need for continuous innovation in gypsum-based products also present challenges.
The COVID-19 pandemic had notable effects on the Vietnam Gypsum Market, with disruptions in construction activities and supply chain challenges impacting the demand for gypsum-based products. As construction projects faced delays and uncertainties, the market witnessed a temporary decline. However, with the gradual recovery of the construction sector and increased infrastructure investments, the gypsum market is expected to regain momentum. The post-pandemic period presents opportunities for the market to align with sustainable construction practices and contribute to the country`s infrastructure development.
The Vietnam gypsum market is marked by leading players contributing to the construction and building materials sector. Key names in this market include GypsumTech Vietnam, BuildGypsum, and PrimePlaster Solutions. GypsumTech Vietnam is recognized for its innovative gypsum products and solutions. BuildGypsum focuses on quality and efficiency in gypsum production, while PrimePlaster Solutions offers a comprehensive range of gypsum-based materials, collectively influencing the trajectory of the Vietnam gypsum market.
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 Gypsum Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Gypsum Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Gypsum Market - Industry Life Cycle |
3.4 Vietnam Gypsum Market - Porter's Five Forces |
3.5 Vietnam Gypsum Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Gypsum Market Revenues & Volume Share, By Seting Type, 2021 & 2031F |
3.7 Vietnam Gypsum Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Vietnam Gypsum Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Gypsum Market Trends |
6 Vietnam Gypsum Market, By Types |
6.1 Vietnam Gypsum Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Gypsum Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Gypsum Market Revenues & Volume, By Impression Plaster, 2021-2031F |
6.1.4 Vietnam Gypsum Market Revenues & Volume, By Model Plaster, 2021-2031F |
6.1.5 Vietnam Gypsum Market Revenues & Volume, By Dental Stone, 2021-2031F |
6.1.6 Vietnam Gypsum Market Revenues & Volume, By Dental Stone High Strength, 2021-2031F |
6.1.7 Vietnam Gypsum Market Revenues & Volume, By Dental Stone High Expansion, 2021-2031F |
6.2 Vietnam Gypsum Market, By Seting Type |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Gypsum Market Revenues & Volume, By Hygroscopic Setting Expansion, 2021-2031F |
6.2.3 Vietnam Gypsum Market Revenues & Volume, By Normal Setting Expansion, 2021-2031F |
6.3 Vietnam Gypsum Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Gypsum Market Revenues & Volume, By Pre-Engineered Metal Buildings, 2021-2031F |
6.3.3 Vietnam Gypsum Market Revenues & Volume, By Residential, 2021-2031F |
6.3.4 Vietnam Gypsum Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.5 Vietnam Gypsum Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.6 Vietnam Gypsum Market Revenues & Volume, By Institutional, 2021-2031F |
7 Vietnam Gypsum Market Import-Export Trade Statistics |
7.1 Vietnam Gypsum Market Export to Major Countries |
7.2 Vietnam Gypsum Market Imports from Major Countries |
8 Vietnam Gypsum Market Key Performance Indicators |
9 Vietnam Gypsum Market - Opportunity Assessment |
9.1 Vietnam Gypsum Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Gypsum Market Opportunity Assessment, By Seting Type, 2021 & 2031F |
9.3 Vietnam Gypsum Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Vietnam Gypsum Market - Competitive Landscape |
10.1 Vietnam Gypsum Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Gypsum Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |