Vietnam Floor Adhesive Market is projected to grow at a CAGR of over 8% during 2023-2027 owing to economic recovery coupled with government investment in residential and commercial construction. The growth of the floor adhesive market is also driven by developments in flooring materials used in the residential, commercial, and industrial sectors. Moreover, government investment in public infrastructure and educational healthcare buildings as part of the 2018–2022 Development Plan will support to the growth of the floor adhesives market in Vietnam.
Based on application, the floor adhesive market has been categorized into tile & stone, carpet, wood, vinyl, and sports & rubber, and others. In 2018, the tile & stone application segment dominated the market and is projected to dominate the market during the forecast period as well owing to the increasing infrastructural development in the country. The government of Vietnam aims to raise Vietnam’s housing area per capita and is planning to construct 1 million affordable houses by 2022, moreover, the government has also launched various social housing programs such as housing for poor rural families program and low-income urban social housing-local government, which will further boost the demand for floor adhesive in the country.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across Vietnam. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service offerings, distribution channels, and presence of all major collaboration manufacturers across Vietnam.
TechSci Research calculated the market size of the Vietnam Floor Adhesive Market using a bottom-up approach, where data for various end-user industries and their application across various product types were recorded and forecasted for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated them through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations, and financial reports were also used by TechSci Research.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Attribute | Details | |
Base Year | 2021 | |
Historical Data | 2017 – 2020 | |
Estimated Year | 2022 | |
Forecast Period | 2023 – 2027 | |
Quantitative Units | Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F | |
Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends | |
Segments covered | · Resin Type · Technology · Application · End Use Industry | |
Regional scope | Central Region, Northern Region, Southern Region | |
Key companies profiled | Bostik SA, Mapei S.P.A., Laticrete International Inc., Forbo Holding AG, Wacker Chemie AG, The DOW Chemical Company, Henkel AG & Co. KGaA, Sika AG, Pidilite Industries Limited, BASF. | |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. | |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options | |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
In this report, Vietnam Floor Adhesive Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Floor Adhesive Market.
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5.1. Product Awareness
5.2. Product Pricing
5.3. Challenges & Unmet Needs
5.4. Factors Influencing the Purchase Decision
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Resin Type (Polyurethane Adhesive, Epoxy Adhesive, Vinyl Adhesive, Acrylic Adhesive and Others)
6.2.2. By Technology (Water-Based Adhesive, Hot-Melt Adhesive and Solvent-Based Adhesive)
6.2.3. By End-Use (Residential, Industrial and Commercial)
6.2.4. By Application (Wood, Carpet, Laminate, Tile & Stone and Others)
6.2.5. By Region
6.2.6. By Company
6.3. Market Attractiveness Index
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Technology
7.2.2. By Application
7.2.3. By Region
7.3. Market Attractiveness Index
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Technology
8.2.2. By Application
8.2.3. By Region
8.3. Market Attractiveness Index
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Technology
9.2.2. By Application
9.2.3. By Region
9.3. Market Attractiveness Index
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Technology
10.2.2. By Application
10.2.3. By Region
10.3. Market Attractiveness Index
12.1. Drivers
12.2. Challenges
16.1. Competition Outlook
16.2. Company Profiles (Top 10 Companies)
16.2.1. Bostik SA
16.2.2. Mapei S.P.A.
16.2.3. Laticrete International Inc.
16.2.4. Forbo Holding AG
16.2.5. Wacker Chemie AG
16.2.6. The DOW Chemical Company
16.2.7. Henkel AG & Co. KGaA,
16.2.8. Sika AG
16.2.9. Pidilite Industries Limited
16.2.10. BASF
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