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 floor adhesives market in Vietnam.
Based on application, the
floor adhesive market has been categorised 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.
Some of the leading players in the
Vietnam Floor Adhesive Market are 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 etc.
Objective of the Study:
- To analyse and forecast the market size of Floor
Adhesive Market, in terms of value & volume.
- To classify and forecast Vietnam Floor
Adhesive Market based on resin type, technology, application, end-use
industry and regional distribution.
- To identify drivers and challenges for Vietnam
Floor Adhesive Market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Vietnam
Floor Adhesive Market.
- To conduct the pricing analysis for Floor
Adhesive Market.
- To identify and analyse the profile of leading
players involved in the manufacturing of Vietnam Floor Adhesive Market.
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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 were 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 analysed the service offerings, distribution channels and presence of all
major collaboration manufacturer across Vietnam.
TechSci Research calculated the market size of Vietnam Floor Adhesive Market using a bottom-up approach, where data for various end user
industries and its application across various product types were recorded and
forecast for the future years. TechSci Research sourced these values from the
industry experts and company representatives and externally validated through analysing
historical data of these product types and applications for getting an
appropriate, overall market size. Various secondary sources such as company
website, news articles, press releases, company annual reports, investor
presentations and financial reports were also used by TechSci Research.
Key Target
Audience:
- Floor Adhesive
manufacturers
- Traders, Distributors, and
Suppliers
- End-Users
- Raw Material Suppliers
- Industry associations and
experts
- Research organizations and
consulting companies.
- Research Institutes
- Industry associations
- Market research and
consulting firm.
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as collaboration manufacturer 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)
|
|
Report Scope:
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:
- Market, By Resin
Type:
- Polyurethane Adhesive
- Epoxy Adhesive
- Vinyl Adhesive
- Acrylic Adhesive
- Others
- Market, By
Technology:
- Water-Based Adhesive
- Hot-Melt Adhesive
- Solvent-Based Adhesive
- Market, By
Application:
- Wood
- Carpet
- Laminate
- Tile & Stone
- Others
- Market, By
End-Use Industry:
- Residential
- Industrial
- Commercial
- Market, by Country:
- Vietnam
- South
Vietnam
- North Vietnam
- Central Vietnam
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in Floor Adhesive Market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according the company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed
analysis and profiling of additional market players (up to five).
Profit Margin Analysis
- Profit
margin analysis in case of direct and indirect sales channel.
It is an upcoming report to be released
soon. If you wish an early delivery of this report or want to confirm the date
of release, please contact us at [email protected]