Product Code: ETC4502911 | Publication Date: Jul 2023 | Updated Date: Sep 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Vietnam polyurethane sealants market is experiencing steady growth, driven by the construction and automotive industries` increasing use of sealants for bonding and sealing applications. Polyurethane sealants offer excellent adhesion, durability, and resistance to weathering, making them essential in construction projects and automotive manufacturing. The market is expected to benefit from ongoing infrastructure development and a rising awareness of the importance of high-quality sealants for structural integrity and energy efficiency.
The Vietnam Polyurethane Sealants market is being propelled by the booming construction and automotive industries. Polyurethane sealants are versatile materials used for sealing joints and gaps in various applications. In construction, they are used for sealing windows, doors, and building envelopes to enhance energy efficiency and weather resistance. The construction sector in Vietnam is experiencing significant growth due to urbanization and infrastructure development, driving up the demand for polyurethane sealants. Similarly, the automotive industry uses these sealants for bonding and sealing applications, and as the automotive sector expands in Vietnam, the demand for polyurethane sealants is increasing.
The Vietnam Polyurethane Sealants market confronts challenges that influence its market dynamics. One key challenge is the fluctuating prices of raw materials, particularly polyols and isocyanates, which are essential components of polyurethane sealants. Economic factors, such as global supply chain disruptions and geopolitical events, contribute to these price variations. Additionally, the market faces competition from alternative sealant technologies, requiring continuous innovation and product differentiation to maintain market share.
The Vietnam Polyurethane Sealants Market faced challenges during the COVID-19 pandemic, primarily due to a slowdown in construction activities. The market dynamics were affected by supply chain disruptions and a decrease in infrastructure projects. With the gradual recovery of the construction sector, the demand for polyurethane sealants is anticipated to pick up, driving market growth.
In the competitive landscape of Vietnam`s Polyurethane Sealants market, several key players contribute significantly to the industry`s growth. Among them, companies like Bostik Vietnam Co. Ltd., Sika Vietnam Company Limited, and Henkel Vietnam Co. Ltd. stand out as key players. These companies have established a strong market presence through their innovative product offerings, extensive distribution networks, and a commitment to quality.
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 Polyurethane Sealants Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Polyurethane Sealants Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Polyurethane Sealants Market - Industry Life Cycle |
3.4 Vietnam Polyurethane Sealants Market - Porter's Five Forces |
3.5 Vietnam Polyurethane Sealants Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Polyurethane Sealants Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Vietnam Polyurethane Sealants Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction industry in Vietnam leading to increased demand for polyurethane sealants |
4.2.2 Rising focus on energy efficiency and sustainability driving the adoption of polyurethane sealants |
4.2.3 Expansion of automotive and transportation sector in Vietnam boosting the consumption of polyurethane sealants |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting the production cost of polyurethane sealants |
4.3.2 Stringent regulations and standards for chemical products in Vietnam affecting the manufacturing and usage of polyurethane sealants |
5 Vietnam Polyurethane Sealants Market Trends |
6 Vietnam Polyurethane Sealants Market, By Types |
6.1 Vietnam Polyurethane Sealants Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Polyurethane Sealants Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Polyurethane Sealants Market Revenues & Volume, By One-Component, 2021-2031F |
6.1.4 Vietnam Polyurethane Sealants Market Revenues & Volume, By Two-Component, 2021-2031F |
6.2 Vietnam Polyurethane Sealants Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Polyurethane Sealants Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.3 Vietnam Polyurethane Sealants Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.4 Vietnam Polyurethane Sealants Market Revenues & Volume, By General Industrial, 2021-2031F |
6.2.5 Vietnam Polyurethane Sealants Market Revenues & Volume, By Marine, 2021-2031F |
7 Vietnam Polyurethane Sealants Market Import-Export Trade Statistics |
7.1 Vietnam Polyurethane Sealants Market Export to Major Countries |
7.2 Vietnam Polyurethane Sealants Market Imports from Major Countries |
8 Vietnam Polyurethane Sealants Market Key Performance Indicators |
8.1 Number of construction permits issued in Vietnam |
8.2 Energy efficiency ratings of buildings using polyurethane sealants |
8.3 Number of vehicles produced in Vietnam using polyurethane sealants |
8.4 Adoption rate of eco-friendly sealant products in the market |
8.5 Research and development investment in polyurethane sealant technology in Vietnam |
9 Vietnam Polyurethane Sealants Market - Opportunity Assessment |
9.1 Vietnam Polyurethane Sealants Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Polyurethane Sealants Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Vietnam Polyurethane Sealants Market - Competitive Landscape |
10.1 Vietnam Polyurethane Sealants Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Polyurethane Sealants Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |