Product Code: ETC345690 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Vietnam Saturated Polyester Resin Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 13.83% in 2025, climbs to a high of 15.65% in 2028, and moderates to 14.25% by 2029.
In the Asia region, the Saturated Polyester Resin market in Vietnam is projected to expand at a exponential growth rate of 15.65% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
The Vietnam saturated polyester resin market serves various industries, including coatings, composites, and adhesives. Saturated polyester resins are versatile materials known for their durability and resistance to environmental factors. Vietnam chemical industry has seen significant growth, with a focus on developing specialized resins to meet the demands of different applications. The market is closely tied to the construction, automotive, and marine sectors, which require high-performance coatings and materials.
The Vietnam saturated polyester resin market is experiencing growth driven by several factors. Firstly, saturated polyester resin is a versatile material used in various applications, including coatings, adhesives, and composites. The expansion of manufacturing and construction industries in Vietnam has increased the demand for these applications, consequently boosting the market. Additionally, technological advancements in resin formulation, such as low-VOC and high-performance options, have led to wider adoption across different sectors. The emphasis on sustainability and eco-friendly products has further propelled the market`s growth.
In the Vietnam saturated polyester resin market, challenges include competition from alternative resins, environmental regulations, and volatile raw material prices. Manufacturers must adapt to changing environmental standards and invest in cleaner production processes. Additionally, finding cost-effective and sustainable sources for raw materials is essential to remain competitive.
The Vietnam saturated polyester resin market faced challenges during the pandemic due to disruptions in manufacturing and construction activities. Industries like automotive and construction, which use saturated polyester resins, experienced production cuts. However, as these sectors recovered, the market showed signs of improvement, driven by the need for durable and sustainable materials in various applications.
The Vietnam Saturated Polyester Resin market is influenced by Phuoc An Resin. They specialize in manufacturing high-quality saturated polyester resins used in coatings, composites, and adhesives. Phuoc An Resin`s commitment to innovation and customer satisfaction has solidified their position as a leading player in this industry.
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 Saturated Polyester Resin Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Saturated Polyester Resin Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Saturated Polyester Resin Market - Industry Life Cycle |
3.4 Vietnam Saturated Polyester Resin Market - Porter's Five Forces |
3.5 Vietnam Saturated Polyester Resin Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Saturated Polyester Resin Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Vietnam Saturated Polyester Resin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable coatings and adhesives in various industries |
4.2.2 Growth in construction and infrastructure development projects in Vietnam |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices, such as crude oil, impacting the production cost of saturated polyester resin |
4.3.2 Intense competition from alternative resins and substitutes in the market |
5 Vietnam Saturated Polyester Resin Market Trends |
6 Vietnam Saturated Polyester Resin Market, By Types |
6.1 Vietnam Saturated Polyester Resin Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Saturated Polyester Resin Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Saturated Polyester Resin Market Revenues & Volume, By Liquid, 2021-2031F |
6.1.4 Vietnam Saturated Polyester Resin Market Revenues & Volume, By Solid, 2021-2031F |
6.2 Vietnam Saturated Polyester Resin Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Saturated Polyester Resin Market Revenues & Volume, By Powder Coatings, 2021-2031F |
6.2.3 Vietnam Saturated Polyester Resin Market Revenues & Volume, By Industrial Paints, 2021-2031F |
6.2.4 Vietnam Saturated Polyester Resin Market Revenues & Volume, By Coil & Can Coatings, 2021-2031F |
6.2.5 Vietnam Saturated Polyester Resin Market Revenues & Volume, By Automotive Paints, 2021-2031F |
6.2.6 Vietnam Saturated Polyester Resin Market Revenues & Volume, By Flexible Packaging, 2021-2031F |
6.2.7 Vietnam Saturated Polyester Resin Market Revenues & Volume, By 2k PU Coatings, 2021-2031F |
7 Vietnam Saturated Polyester Resin Market Import-Export Trade Statistics |
7.1 Vietnam Saturated Polyester Resin Market Export to Major Countries |
7.2 Vietnam Saturated Polyester Resin Market Imports from Major Countries |
8 Vietnam Saturated Polyester Resin Market Key Performance Indicators |
8.1 Average selling price of saturated polyester resin |
8.2 Adoption rate of saturated polyester resin in key industries |
8.3 Production capacity utilization rate of saturated polyester resin manufacturers |
9 Vietnam Saturated Polyester Resin Market - Opportunity Assessment |
9.1 Vietnam Saturated Polyester Resin Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Saturated Polyester Resin Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Vietnam Saturated Polyester Resin Market - Competitive Landscape |
10.1 Vietnam Saturated Polyester Resin Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Saturated Polyester Resin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |