Product Code: ETC105349 | 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 Polymer Binders Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 13.52% in 2025, climbs to a high of 15.62% in 2027, and moderates to 12.55% by 2029.
In the Asia region, the Polymer Binders market in Vietnam is projected to expand at a exponential growth rate of 15.62% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
The Vietnam polymer binders market is witnessing a surge in demand from the construction and adhesives industries. Polymer binders, used in paints, coatings, and adhesives, offer improved performance and durability. Market players are investing in research and development to introduce eco-friendly and high-performance polymer binders. As the construction sector continues to grow, driven by infrastructure development projects, the demand for polymer binders in Vietnam is expected to remain robust.
The Vietnam Polymer Binders market is driven by the growing construction and paint industries. Polymer binders are essential components in various construction and coating materials, enhancing adhesion, durability, and performance. As infrastructure development and architectural projects increase, so does the demand for polymer binders.
The Vietnam Polymer Binders market faces challenges linked to the construction and adhesive industries. Achieving consistent quality and performance in polymer binders used in paints, adhesives, and construction materials can be demanding. The market must ensure that the polymer binders meet the necessary technical specifications and adhere to safety standards. Additionally, competition from other binding agents and fluctuations in raw material prices can pose obstacles to market growth.
The Vietnam Polymer Binders Market encountered disruptions during the COVID-19 pandemic, affecting both supply and demand dynamics. The construction sector, a major consumer of polymer binders, experienced slowdowns due to lockdowns and social distancing measures. This, coupled with disruptions in the supply chain, led to temporary challenges for the market. However, as construction activities resumed and infrastructure projects gained momentum post-pandemic, the demand for polymer binders witnessed a resurgence. The market also saw increased emphasis on sustainable and eco-friendly binder solutions as environmental considerations gained prominence. Looking ahead, the Vietnam Polymer Binders Market is expected to benefit from the recovery in construction activities and the industry`s inclination toward greener alternatives.
The Polymer Binders market in Vietnam is characterized by the presence of key players that have played pivotal roles in advancing binding technologies. Companies such as Wacker Chemie AG, BASF SE, and Arkema Group are leading the way with their extensive product portfolios and commitment to sustainability. These market leaders provide a wide range of polymer binders catering to applications in construction, paints and coatings, and adhesives. Their emphasis on research, development, and customer collaboration has positioned them as influencers in shaping the trajectory of the Polymer Binders 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 Polymer Binders Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Polymer Binders Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Polymer Binders Market - Industry Life Cycle |
3.4 Vietnam Polymer Binders Market - Porter's Five Forces |
3.5 Vietnam Polymer Binders Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Polymer Binders Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Vietnam Polymer Binders Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Vietnam Polymer Binders Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Polymer Binders Market Trends |
6 Vietnam Polymer Binders Market, By Types |
6.1 Vietnam Polymer Binders Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Polymer Binders Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Polymer Binders Market Revenues & Volume, By Acrylic, 2021-2031F |
6.1.4 Vietnam Polymer Binders Market Revenues & Volume, By Vinyl Acetate, 2021-2031F |
6.1.5 Vietnam Polymer Binders Market Revenues & Volume, By Latex, 2021-2031F |
6.2 Vietnam Polymer Binders Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Polymer Binders Market Revenues & Volume, By Liquid, 2021-2031F |
6.2.3 Vietnam Polymer Binders Market Revenues & Volume, By Powder, 2021-2031F |
6.2.4 Vietnam Polymer Binders Market Revenues & Volume, By High Solids, 2021-2031F |
6.3 Vietnam Polymer Binders Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Polymer Binders Market Revenues & Volume, By Architectural Coatings, 2021-2031F |
6.3.3 Vietnam Polymer Binders Market Revenues & Volume, By Adhesives and Sealants, 2021-2031F |
6.3.4 Vietnam Polymer Binders Market Revenues & Volume, By Textile and Carpets, 2021-2031F |
6.3.5 Vietnam Polymer Binders Market Revenues & Volume, By Paper and Board, 2021-2031F |
6.3.6 Vietnam Polymer Binders Market Revenues & Volume, By Construction Additives, 2021-2031F |
7 Vietnam Polymer Binders Market Import-Export Trade Statistics |
7.1 Vietnam Polymer Binders Market Export to Major Countries |
7.2 Vietnam Polymer Binders Market Imports from Major Countries |
8 Vietnam Polymer Binders Market Key Performance Indicators |
9 Vietnam Polymer Binders Market - Opportunity Assessment |
9.1 Vietnam Polymer Binders Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Polymer Binders Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Vietnam Polymer Binders Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Vietnam Polymer Binders Market - Competitive Landscape |
10.1 Vietnam Polymer Binders Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Polymer Binders Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |