| Product Code: ETC092029 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Vietnam Melamine Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 15.06% in 2025, the growth rate steadily ascends to 19.63% in 2029.

In the Asia region, the Melamine market in Vietnam is projected to expand at a exponential growth rate of 15.84% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.

The Vietnam Melamine market is experiencing notable growth due to its widespread applications in the production of laminates, adhesives, and tableware. Melamine, a versatile chemical compound, is known for its durability and heat-resistant properties, making it a preferred material in the manufacturing of various household and industrial products. The construction and furniture industries drive the demand for melamine laminates, while the tableware and kitchenware sectors contribute to its use in the production of melamine dinnerware. The market is witnessing innovations in melamine-based products, including melamine foam for cleaning purposes, further expanding its applications in the consumer goods segment.
The Vietnam Melamine market is driven by multiple factors, including the growing demand from the construction and automotive sectors. Melamine is used in the production of laminates, coatings, and adhesives, which are crucial in the construction and automotive industries for their durability and aesthetic qualities. Additionally, the booming furniture manufacturing industry in Vietnam is a significant contributor to the demand for melamine-based laminates and decorative panels. The government`s infrastructure development projects are further boosting the construction sector, indirectly propelling the melamine market.
The Vietnam Melamine market faces a significant challenge in dealing with stringent regulatory restrictions. Melamine is a chemical compound used in various industrial applications, including the production of plastics and resins. However, concerns over its safety and potential health risks have led to stricter regulations. Navigating these regulations while ensuring product quality and safety is a considerable challenge for market players. Additionally, the need to invest in research and development to explore alternative materials adds to the industry`s challenges.
The Vietnam Melamine Market encountered disruptions and uncertainties during the COVID-19 pandemic, reflecting challenges in the global supply chain and shifts in consumer behavior. Melamine, a key component in the production of laminates, adhesives, and plastics, experienced fluctuations in demand from industries such as construction and furniture. The market`s recovery is closely tied to the revival of these sectors as economic activities normalize. As construction projects resume and consumer confidence strengthens, the Vietnam Melamine Market is anticipated to regain stability and witness renewed growth in tandem with the recovery of key end-use industries.
The Vietnam melamine market is characterized by the presence of several key players who play pivotal roles in shaping the industry landscape. Among these prominent participants are companies such as Borealis AG, BASF SE, Mitsui Chemicals, Nissan Chemical Corporation, and OCI Company Ltd. Each of these entities brings unique strengths and capabilities to the market, contributing significantly to the production, distribution, and innovation within the melamine sector. Borealis AG, for instance, is recognized for its commitment to sustainable practices and cutting-edge technologies, while BASF SE is a global chemical giant renowned for its diverse product portfolio. Mitsui Chemicals, Nissan Chemical Corporation, and OCI Company Ltd also stand out as key players, leveraging their expertise to drive growth and competitiveness in the Vietnam melamine market. This diverse group of industry leaders collectively influences the dynamics of the market, fostering a competitive and dynamic environment.