Vietnam Structural Core Materials Market (2025-2031) Outlook | Industry, Revenue, Share, Size, Growth, Forecast, Analysis, Trends, Value & Companies

Market Forecast By Skin Type (GFRP, CFRP, NFRP, Others), By Type (Foam, Honeycomb, Balsa), By End-Use (Electrical & Electronics, Transportation, Medical Packaging, Others) And Competitive Landscape
Product Code: ETC348210 Publication Date: Aug 2022 Updated Date: Aug 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Vietnam Structural Core Materials Market Synopsis

The Vietnam Structural Core Materials market caters to the aerospace, marine, and construction industries. These materials, including foam and honeycomb cores, provide strength and stability to composite structures. The market`s growth is driven by the rising demand for lightweight and durable materials in manufacturing processes, especially in the aerospace and marine sectors. Additionally, the construction industry`s adoption of composite materials is contributing to market expansion.

Drivers of the Market

The structural core materials market in Vietnam is experiencing growth owing to several factors. One of the key drivers is the increasing use of composites in various industries, including aerospace, automotive, and construction. These materials offer high strength-to-weight ratios, corrosion resistance, and design flexibility, making them essential for lightweight and durable structures. Additionally, environmental concerns and regulations promoting fuel efficiency are boosting the demand for lightweight materials. Vietnam growing manufacturing sector and its strategic position in the ASEAN market further support the expansion of this market.

Challenges of the Market

The Vietnam structural core materials market faces challenges associated with material innovation, cost control, and meeting industry-specific standards. Manufacturers must continually develop new structural core materials that offer improved performance and cost-efficiency. Additionally, complying with stringent quality and safety standards for industries like aerospace and marine can be demanding.

COVID-19 Impact on the Market

The Vietnam Structural Core Materials Market, catering to industries like aerospace and marine, faced challenges during the COVID-19 pandemic. With a slowdown in these sectors and disruptions in global supply chains, the market experienced a decline in demand. However, as industries adapted to new safety protocols and economic conditions stabilized, the market began to recover. It relied on the revival of key customer industries for sustained growth.

Key Players in the Market

Within the Vietnam Structural Core Materials market, Vietnam Chemicals Corporation (Vinachem) stands out as a prominent player. Vinachem is a state-owned enterprise and a major supplier of raw materials for composite manufacturing, including structural core materials. Their extensive production capabilities and distribution network make them a leading force in this sector.

Key Highlights of the Report:

  • Vietnam Structural Core Materials Market Outlook
  • Market Size of Vietnam Structural Core Materials Market, 2024
  • Forecast of Vietnam Structural Core Materials Market, 2031
  • Historical Data and Forecast of Vietnam Structural Core Materials Revenues & Volume for the Period 2021-2031
  • Vietnam Structural Core Materials Market Trend Evolution
  • Vietnam Structural Core Materials Market Drivers and Challenges
  • Vietnam Structural Core Materials Price Trends
  • Vietnam Structural Core Materials Porter's Five Forces
  • Vietnam Structural Core Materials Industry Life Cycle
  • Historical Data and Forecast of Vietnam Structural Core Materials Market Revenues & Volume By Skin Type for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Structural Core Materials Market Revenues & Volume By GFRP for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Structural Core Materials Market Revenues & Volume By CFRP for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Structural Core Materials Market Revenues & Volume By NFRP for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Structural Core Materials Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Structural Core Materials Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Structural Core Materials Market Revenues & Volume By Foam for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Structural Core Materials Market Revenues & Volume By Honeycomb for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Structural Core Materials Market Revenues & Volume By Balsa for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Structural Core Materials Market Revenues & Volume By End-Use for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Structural Core Materials Market Revenues & Volume By Electrical & Electronics for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Structural Core Materials Market Revenues & Volume By Transportation for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Structural Core Materials Market Revenues & Volume By Medical Packaging for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Structural Core Materials Market Revenues & Volume By Others for the Period 2021-2031
  • Vietnam Structural Core Materials Import Export Trade Statistics
  • Market Opportunity Assessment By Skin Type
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By End-Use
  • Vietnam Structural Core Materials Top Companies Market Share
  • Vietnam Structural Core Materials Competitive Benchmarking By Technical and Operational Parameters
  • Vietnam Structural Core Materials Company Profiles
  • Vietnam Structural Core Materials Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Structural Core Materials Market Overview

3.1 Vietnam Country Macro Economic Indicators

3.2 Vietnam Structural Core Materials Market Revenues & Volume, 2021 & 2031F

3.3 Vietnam Structural Core Materials Market - Industry Life Cycle

3.4 Vietnam Structural Core Materials Market - Porter's Five Forces

3.5 Vietnam Structural Core Materials Market Revenues & Volume Share, By Skin Type, 2021 & 2031F

3.6 Vietnam Structural Core Materials Market Revenues & Volume Share, By Type, 2021 & 2031F

3.7 Vietnam Structural Core Materials Market Revenues & Volume Share, By End-Use, 2021 & 2031F

4 Vietnam Structural Core Materials Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growth in construction and infrastructure development projects in Vietnam.

4.2.2 Increasing demand for lightweight and high-strength materials in manufacturing industries.

4.2.3 Rising awareness about the benefits of structural core materials in various applications.

4.3 Market Restraints

4.3.1 Fluctuating raw material prices impacting production costs.

4.3.2 Lack of skilled labor for handling advanced structural core materials.

4.3.3 Stringent regulations and compliance requirements in the manufacturing sector.

5 Vietnam Structural Core Materials Market Trends

6 Vietnam Structural Core Materials Market, By Types

6.1 Vietnam Structural Core Materials Market, By Skin Type

6.1.1 Overview and Analysis

6.1.2 Vietnam Structural Core Materials Market Revenues & Volume, By Skin Type, 2021-2031F

6.1.3 Vietnam Structural Core Materials Market Revenues & Volume, By GFRP, 2021-2031F

6.1.4 Vietnam Structural Core Materials Market Revenues & Volume, By CFRP, 2021-2031F

6.1.5 Vietnam Structural Core Materials Market Revenues & Volume, By NFRP, 2021-2031F

6.1.6 Vietnam Structural Core Materials Market Revenues & Volume, By Others, 2021-2031F

6.2 Vietnam Structural Core Materials Market, By Type

6.2.1 Overview and Analysis

6.2.2 Vietnam Structural Core Materials Market Revenues & Volume, By Foam, 2021-2031F

6.2.3 Vietnam Structural Core Materials Market Revenues & Volume, By Honeycomb, 2021-2031F

6.2.4 Vietnam Structural Core Materials Market Revenues & Volume, By Balsa, 2021-2031F

6.3 Vietnam Structural Core Materials Market, By End-Use

6.3.1 Overview and Analysis

6.3.2 Vietnam Structural Core Materials Market Revenues & Volume, By Electrical & Electronics, 2021-2031F

6.3.3 Vietnam Structural Core Materials Market Revenues & Volume, By Transportation, 2021-2031F

6.3.4 Vietnam Structural Core Materials Market Revenues & Volume, By Medical Packaging, 2021-2031F

6.3.5 Vietnam Structural Core Materials Market Revenues & Volume, By Others, 2021-2031F

7 Vietnam Structural Core Materials Market Import-Export Trade Statistics

7.1 Vietnam Structural Core Materials Market Export to Major Countries

7.2 Vietnam Structural Core Materials Market Imports from Major Countries

8 Vietnam Structural Core Materials Market Key Performance Indicators

8.1 Adoption rate of structural core materials in key industries.

8.2 Innovation rate in structural core material technologies.

8.3 Number of partnerships and collaborations for research and development in the sector.

9 Vietnam Structural Core Materials Market - Opportunity Assessment

9.1 Vietnam Structural Core Materials Market Opportunity Assessment, By Skin Type, 2021 & 2031F

9.2 Vietnam Structural Core Materials Market Opportunity Assessment, By Type, 2021 & 2031F

9.3 Vietnam Structural Core Materials Market Opportunity Assessment, By End-Use, 2021 & 2031F

10 Vietnam Structural Core Materials Market - Competitive Landscape

10.1 Vietnam Structural Core Materials Market Revenue Share, By Companies, 2024

10.2 Vietnam Structural Core Materials Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

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