Product Code: ETC005810 | 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 Thermal Insulation Material Market is likely to experience consistent growth rate gains over the period 2025 to 2029. The growth rate starts at 6.72% in 2025 and reaches 8.78% by 2029.
In the Asia region, the Thermal Insulation Material market in Vietnam is projected to expand at a growing growth rate of 7.83% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
The Vietnam Thermal Insulation Material Market refers to the segment of the construction industry that deals with the production, distribution, and application of materials designed to reduce heat transfer and improve energy efficiency in buildings and industrial facilities.
insulation materials in construction to reduce energy consumption and greenhouse gas emissions. As energy prices continue to rise, building owners and industries are increasingly interested in adopting thermal insulation materials to reduce energy bills and operational costs. Vietnam ongoing urbanization and infrastructure development projects have increased the demand for thermal insulation materials in residential, commercial, and industrial construction.The awareness of green building practices and the benefits of energy-efficient materials, including thermal insulation, has been increasing in Vietnam.
Despite the growing awareness of energy efficiency, the adoption of thermal insulation materials in construction projects might still face challenges due to a lack of knowledge among some builders and developers.The upfront cost of thermal insulation materials may be a concern for some construction projects, especially those with tight budgets. Ensuring the quality and compliance of thermal insulation materials with relevant standards is crucial for their effective performance and long-term benefits.
Luyang Energy-Saving Materials Co., Ltd., Styro Insulation Material Manufacturer, Bitexco Group, Saint-Gobain Vietnam Co., Ltd., and Knauf Insulation Vietnam Co., Ltd. are the major players running their business in the market.
The COVID-19 pandemic likely had several impacts on the Vietnam Thermal Insulation Material Market. During the pandemic, construction projects might have experienced delays or slowdowns due to restrictions and disruptions in the supply chain and labor force. However, the pandemic may have also increased the emphasis on building energy-efficient and sustainable structures, as businesses and consumers became more aware of indoor air quality and health considerations.The extent of the Covid-19 impact on the Vietnam Thermal Insulation Material Market would have depended on various factors, including the duration and severity of the pandemic, government responses, and changes in construction activities.
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 Thermal Insulation Material Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Thermal Insulation Material Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Thermal Insulation Material Market - Industry Life Cycle |
3.4 Vietnam Thermal Insulation Material Market - Porter's Five Forces |
3.5 Vietnam Thermal Insulation Material Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Vietnam Thermal Insulation Material Market Revenues & Volume Share, By Temperature Range, 2021 & 2031F |
4 Vietnam Thermal Insulation Material Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Thermal Insulation Material Market Trends |
6 Vietnam Thermal Insulation Material Market, By Types |
6.1 Vietnam Thermal Insulation Material Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Thermal Insulation Material Market Revenues & Volume, By Material Type, 2021-2031F |
6.1.3 Vietnam Thermal Insulation Material Market Revenues & Volume, By Plastic Foam, 2021-2031F |
6.1.4 Vietnam Thermal Insulation Material Market Revenues & Volume, By Stone Wool, 2021-2031F |
6.1.5 Vietnam Thermal Insulation Material Market Revenues & Volume, By Fiberglass, 2021-2031F |
6.1.6 Vietnam Thermal Insulation Material Market Revenues & Volume, By Others, 2021-2031F |
6.2 Vietnam Thermal Insulation Material Market, By Temperature Range |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Thermal Insulation Material Market Revenues & Volume, By ?160?C to ?50?C, 2021-2031F |
6.2.3 Vietnam Thermal Insulation Material Market Revenues & Volume, By ? 49?C to 0?C, 2021-2031F |
6.2.4 Vietnam Thermal Insulation Material Market Revenues & Volume, By 1?C to 100?C, 2021-2031F |
6.2.5 Vietnam Thermal Insulation Material Market Revenues & Volume, By 1?C to 650?C, 2021-2031F |
7 Vietnam Thermal Insulation Material Market Import-Export Trade Statistics |
7.1 Vietnam Thermal Insulation Material Market Export to Major Countries |
7.2 Vietnam Thermal Insulation Material Market Imports from Major Countries |
8 Vietnam Thermal Insulation Material Market Key Performance Indicators |
9 Vietnam Thermal Insulation Material Market - Opportunity Assessment |
9.1 Vietnam Thermal Insulation Material Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Vietnam Thermal Insulation Material Market Opportunity Assessment, By Temperature Range, 2021 & 2031F |
10 Vietnam Thermal Insulation Material Market - Competitive Landscape |
10.1 Vietnam Thermal Insulation Material Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Thermal Insulation Material Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |