Market Size of vietnam architectural coatings Industry
| Icons | Lable | Value |
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Study Period | 2016 - 2028 |
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Market Size (2024) | USD 442.71 Million |
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Market Size (2028) | USD 514.87 Million |
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Largest Share by Sub End User | Residential |
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CAGR (2024 - 2028) | 3.85 % |
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Fastest Growing by Sub End User | Residential |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Vietnam Architectural Coatings Market Analysis
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).
- 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.
