베트남의 건축용 코팅 시장 : 점유율 분석, 산업 동향 및 통계, 성장 예측(2025-2030년)

The Vietnam Architectural Coatings Market size is estimated at USD 442.71 million in 2024, and is expected to reach USD 514.87 million by 2028, growing at a CAGR of 3.85% during the forecast period (2024-2028).

Key Highlights

• Largest Segment by End-user - Residential : The residential segment dominates the architectural coating consumption due to the rapid ris in urbanization rate and the strong growth of housing in city like Ho Chi Minh City.
• Largest Segment by Technology - Waterborne : The waterbone coating consumption dominated the market as the country is moving towards the low VOC emission coatings by reducing the lead content from 600 ppm to 90 ppm in 2020.
• Largest Segment by Resin - Acrylic : The acrylic coating has dominated the architectural coating consumption as the country has its houses coated with acrylic coating on the outer surface of the houses.

Vietnam Architectural Coatings Market Trends

Residential is the largest segment by Sub End User.

• The architectural coatings is one of the major shareholder of around 70% of the total paints and coatings market with residential coating accounting for 66.11% by volume in 2021. The consumption peaked in 2016 and 2017 due to the significant rise in the construction work especially in Ho Chi Minh City were larges scale of housing construction was observed in 2016.
• The decline of -3.47% in architectural coating consumption was seen in 2020 due to covid-19 and lower new completions in both residential and commercial sector. This trend was followed by only a slight recovery in the consumption in 2021 due to resurgence of 2nd wave of covid-19 in the country. The significant growth in 2022 due to the normalizing covid-19 scenario and positive developments in the housing starts and commercial constructions.
• The increase in consumption and sales is expected to grow at a significant rate in the forecasted period due to the rising population in the country and continuous rise in the urbanization which leads to the strong consumption of coatings from urban areas. For instance, According to the world bank, Vietnam's urbanization rate increased by 7% during the period of 2010-20.

Vietnam Architectural Coatings Industry Overview

The Vietnam Architectural Coatings Market is fragmented, with the top five companies occupying 30.67%. The major players in this market are Guangdong Maydos building materials limited company, Jotun, KOVA Paint, Nippon Paint Holdings Co., Ltd. and OSEVEN CORPORATION (sorted alphabetically).

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY & KEY FINDINGS

2 INTRODUCTION

• 2.1 Study Assumptions & Market Definition
• 2.2 Scope of the Study
• 2.3 Research Methodology

3 KEY INDUSTRY TRENDS

• 3.1 Floor Area Trends
• 3.2 Regulatory Framework
• 3.3 Value Chain & Distribution Channel Analysis

4 MARKET SEGMENTATION

• 4.1 Sub End User
  • 4.1.1 Commercial
  • 4.1.2 Residential
• 4.2 Technology
  • 4.2.1 Solventborne
  • 4.2.2 Waterborne
• 4.3 Resin
  • 4.3.1 Acrylic
  • 4.3.2 Alkyd
  • 4.3.3 Epoxy
  • 4.3.4 Polyester
  • 4.3.5 Polyurethane
  • 4.3.6 Other Resin Types

5 COMPETITIVE LANDSCAPE

• 5.1 Key Strategic Moves
• 5.2 Market Share Analysis
• 5.3 Company Landscape
• 5.4 Company Profiles
  • 5.4.1 4Oranges
  • 5.4.2 AkzoNobel N.V.
  • 5.4.3 Guangdong Maydos building materials limited company
  • 5.4.4 Jotun
  • 5.4.5 Kansai Paint Co.,Ltd.
  • 5.4.6 KOVA Paint
  • 5.4.7 Nippon Paint Holdings Co., Ltd.
  • 5.4.8 OSEVEN CORPORATION
  • 5.4.9 Royal Paints
  • 5.4.10 Seamaster Paint (Singapore) Pte Ltd
  • 5.4.11 TOA Paint Public Company Limited.

6 KEY STRATEGIC QUESTIONS FOR ARCHITECTURAL COATINGS CEOS

7 APPENDIX

• 7.1 Global Overview
  • 7.1.1 Overview
  • 7.1.2 Porter's Five Forces Framework
  • 7.1.3 Global Value Chain Analysis
  • 7.1.4 Market Dynamics (DROs)
• 7.2 Sources & References
• 7.3 List of Tables & Figures
• 7.4 Primary Insights
• 7.5 Data Pack
• 7.6 Glossary of Terms