Product Code: ETC022070 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Vietnam Resins Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 11.93% in 2025, the market peaks at 13.77% in 2028, and settles at 12.56% by 2029.
The Resins market in Vietnam is projected to grow at a high growth rate of 13.70% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
The Vietnam resins market experienced significant growth during the period from 2025 to 2031. With the country`s expanding manufacturing, construction, and automotive industries, there was a rising demand for resins as essential raw materials. Resins are widely used in various applications, including adhesives, coatings, plastics, and composites, making them crucial for multiple sectors. As Vietnam continued to develop its industrial capabilities and infrastructure, the market for resins witnessed steady expansion.
Several drivers fueled the growth of the resins market in Vietnam. Firstly, the country`s rapid industrialization and economic growth contributed to the demand for resins in manufacturing processes. Resins are vital components used in various industries to produce a wide range of products, from consumer goods to industrial parts.
Despite its growth, the Vietnam resins market faced certain challenges during the mentioned period. One of the primary challenges was the competition from low-cost and imported resins. The presence of cheaper resin products from other countries created price pressures for local manufacturers and suppliers.
The outbreak of the Covid-19 pandemic in 2025 had implications for the Vietnam resins market. The pandemic led to disruptions in various industries, affecting the demand for resins. Project delays and reduced operations in certain sectors may have temporarily impacted the market`s growth.
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 Resins Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Resins Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Resins Market - Industry Life Cycle |
3.4 Vietnam Resins Market - Porter's Five Forces |
3.5 Vietnam Resins Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Vietnam Resins Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Vietnam Resins Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Vietnam Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Resins Market Trends |
6 Vietnam Resins Market, By Types |
6.1 Vietnam Resins Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Resins Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Vietnam Resins Market Revenues & Volume, By Unsaturated Polyester Resins, 2021-2031F |
6.1.4 Vietnam Resins Market Revenues & Volume, By Alkyd Resins, 2021-2031F |
6.1.5 Vietnam Resins Market Revenues & Volume, By Emulsion Polymers, 2021-2031F |
6.1.6 Vietnam Resins Market Revenues & Volume, By Amino Resins, 2021-2031F |
6.1.7 Vietnam Resins Market Revenues & Volume, By Polyester Resin, 2021-2031F |
6.1.8 Vietnam Resins Market Revenues & Volume, By Polyurethane Resins, 2021-2031F |
6.1.9 Vietnam Resins Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Vietnam Resins Market Revenues & Volume, By Others, 2021-2031F |
6.2 Vietnam Resins Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Resins Market Revenues & Volume, By Adhesives, 2021-2031F |
6.2.3 Vietnam Resins Market Revenues & Volume, By Coatings, 2021-2031F |
6.2.4 Vietnam Resins Market Revenues & Volume, By Composites, 2021-2031F |
6.2.5 Vietnam Resins Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.6 Vietnam Resins Market Revenues & Volume, By Paints & Varnishes, 2021-2031F |
6.2.7 Vietnam Resins Market Revenues & Volume, By Foundry Binders, 2021-2031F |
6.2.8 Vietnam Resins Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Vietnam Resins Market Revenues & Volume, By Others, 2021-2031F |
6.3 Vietnam Resins Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Resins Market Revenues & Volume, By Electrical and Electronics, 2021-2031F |
6.3.3 Vietnam Resins Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.4 Vietnam Resins Market Revenues & Volume, By Civil Engineering, 2021-2031F |
6.3.5 Vietnam Resins Market Revenues & Volume, By Marine and Shipbuilding, 2021-2031F |
6.3.6 Vietnam Resins Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.7 Vietnam Resins Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.8 Vietnam Resins Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Vietnam Resins Market Revenues & Volume, By Others, 2021-2031F |
7 Vietnam Resins Market Import-Export Trade Statistics |
7.1 Vietnam Resins Market Export to Major Countries |
7.2 Vietnam Resins Market Imports from Major Countries |
8 Vietnam Resins Market Key Performance Indicators |
9 Vietnam Resins Market - Opportunity Assessment |
9.1 Vietnam Resins Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Vietnam Resins Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Vietnam Resins Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Vietnam Resins Market - Competitive Landscape |
10.1 Vietnam Resins Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |