Vietnam Floor Adhesive Market, By Resin Type (Polyurethane Adhesive, Epoxy Adhesive, Vinyl Adhesive, Acrylic Adhesive and Others), By Technology (Water-Based Adhesive, Hot-Melt Adhesive and Solvent-Based Adhesive), By End-Use (Residential, Industrial and Commercial), By Application (Wood, Carpet, Laminate, Tile & Stone and Others), By Company and By Geography, Forecast & Opportunities, 2027

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.

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]