| Product Code: ETC351090 | 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 |
The Vietnam Varnish Remover market is growing due to the increasing need for surface preparation and maintenance in industries such as construction and automotive. Varnish removers are essential for stripping old coatings and varnishes, making them a vital component in renovation and refurbishment projects.
The Vietnam varnish remover market is witnessing growth due to multiple factors. Firstly, the increasing industrialization and growth of the manufacturing sector in Vietnam have led to a higher demand for varnish remover in machinery maintenance and refurbishment. Secondly, the rise in construction activities and infrastructure development in the country has also driven the demand for varnish remover in the maintenance and restoration of wooden surfaces and furniture. Moreover, the awareness of environmental concerns has led to a shift towards eco-friendly and low-VOC (volatile organic compounds) varnish removers, which are gaining popularity in the market. As the construction and manufacturing sectors continue to expand, the varnish remover market is expected to experience steady growth.
Challenges in the varnish remover market include environmental regulations governing the use and disposal of solvent-based products. Developing effective, eco-friendly alternatives that meet performance standards is a priority. Additionally, educating users on safe handling and disposal practices is crucial.
The varnish remover market in Vietnam experienced shifts in demand during the COVID-19 pandemic. Initially, as industrial and construction activities slowed down, demand decreased. However, with increased DIY and home improvement projects, there was a resurgence in demand for varnish removers. The market adapted by promoting safer and eco-friendly varnish removal products to meet changing consumer preferences.
In the Vietnam Varnish Remover market, a few companies have emerged as prominent players. Jotun Vietnam is a significant player known for its high-quality varnish remover products and solutions. With a strong local presence, Jotun Vietnam has become a trusted name in the coatings and chemicals industry. Another key player is TOA Paints Vietnam, which offers a range of varnish removers and related products, catering to the growing demand for surface treatment solutions in the country. AkzoNobel is also noteworthy, as it brings its global expertise to the Vietnamese market, providing innovative varnish remover solutions.
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 Varnish Remover Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Varnish Remover Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Varnish Remover Market - Industry Life Cycle |
3.4 Vietnam Varnish Remover Market - Porter's Five Forces |
3.5 Vietnam Varnish Remover Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Vietnam Varnish Remover Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Vietnam Varnish Remover Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for eco-friendly and non-toxic varnish removers |
4.2.2 Increasing awareness about the importance of proper surface preparation in the painting industry |
4.2.3 Rise in renovation and construction activities in Vietnam |
4.3 Market Restraints |
4.3.1 Stringent regulations regarding the use and disposal of chemical-based varnish removers |
4.3.2 Fluctuating raw material prices impacting production costs |
4.3.3 Competition from alternative surface preparation methods like sanding or scraping |
5 Vietnam Varnish Remover Market Trends |
6 Vietnam Varnish Remover Market, By Types |
6.1 Vietnam Varnish Remover Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Varnish Remover Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Vietnam Varnish Remover Market Revenues & Volume, By Acid Varnish Remover, 2021-2031F |
6.1.4 Vietnam Varnish Remover Market Revenues & Volume, By Alkaline Varnish Remover, 2021-2031F |
6.1.5 Vietnam Varnish Remover Market Revenues & Volume, By Neutral Varnish Remover, 2021-2031F |
6.2 Vietnam Varnish Remover Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Varnish Remover Market Revenues & Volume, By Vehicle Maintenance, 2021-2031F |
6.2.3 Vietnam Varnish Remover Market Revenues & Volume, By Industrial Repairs, 2021-2031F |
6.2.4 Vietnam Varnish Remover Market Revenues & Volume, By Building Renovation, 2021-2031F |
6.2.5 Vietnam Varnish Remover Market Revenues & Volume, By Furniture Refinishing, 2021-2031F |
7 Vietnam Varnish Remover Market Import-Export Trade Statistics |
7.1 Vietnam Varnish Remover Market Export to Major Countries |
7.2 Vietnam Varnish Remover Market Imports from Major Countries |
8 Vietnam Varnish Remover Market Key Performance Indicators |
8.1 Customer satisfaction scores related to the effectiveness and safety of varnish removers |
8.2 Number of new product innovations or formulations introduced to the market |
8.3 Adoption rate of eco-friendly varnish remover products in the market |
9 Vietnam Varnish Remover Market - Opportunity Assessment |
9.1 Vietnam Varnish Remover Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Vietnam Varnish Remover Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Vietnam Varnish Remover Market - Competitive Landscape |
10.1 Vietnam Varnish Remover Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Varnish Remover Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |