Vietnam Construction Chemicals Market Size and Share

Vietnam Construction Chemicals Market (2026 - 2031)
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Vietnam Construction Chemicals Market Analysis by Mordor Intelligence

The Vietnam Construction Chemicals Market size is projected to expand from USD 175.99 million in 2025 and USD 188.03 million in 2026 to USD 267.06 million by 2031, registering a CAGR of 7.27% between 2026 to 2031. Robust public-sector infrastructure spending, large inflows of foreign direct investment (FDI), and fast-rising green-building standards are steering demand toward performance-enhancing admixtures, waterproofing solutions, protective coatings, and rapid-cure repair materials that improve durability and lower embodied carbon. The National Assembly’s VND 8,500 trillion (USD 354 billion) infrastructure envelope for 2026-2030, plus USD 36 billion already allocated for 2025, is translating into bulk orders for specialty chemicals specified in the USD 58.7 billion North–South High-Speed Railway, the USD 4.6 billion Long Thanh International Airport, metro extensions in Ho Chi Minh City and Hanoi, and multiple expressways. Parallel growth in electronics, automotive, and renewable-energy industrial parks—now totaling 478 zones on 101,600 hectares—boosts uptake of electrostatic-discharge flooring, chemical-resistant coatings, and conductive grouts needed to maintain uptime in advanced manufacturing lines. 

Key Report Takeaways

  • By product, concrete admixture and cement grinding aids led with 27.46% of the Vietnam construction chemicals market share in 2025 and are advancing at a 7.85% CAGR through 2031.
  • By end-use sector, commercial accounted for 41.07% share of the Vietnam construction chemicals market size in 2025 and is forecast to post the fastest 7.59% CAGR through 2031.

Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.

Segment Analysis

By Product: Admixtures Lead on High-Rise and Infrastructure Intensity

Concrete Admixture and Cement Grinding Aids held 27.46% Vietnam construction chemicals market share in 2025 and are projected to grow at 7.85% CAGR through 2031 as developers mandate polycarboxylate-ether superplasticizers to hit 60 MPa core strengths with 15-20% cement savings. Rapid high-rise additions—18,000 new residential units in 2024-2025 with average heights over 30 floors—demand air-entraining agents, set retarders, and viscosity modifiers that pump beyond 100 meters.

Waterproofing Solutions are propelled by flood-prone sub-structures 15-20 meters below groundwater; Metro Line 2 already specifies crystalline waterproofers over bituminous membranes. Protective Coatings and Surface Treatments ride industrial-park fit-outs, where the majority of revenue originates from epoxy and polyurethane floors with surface resistivity below 10⁶ ohms at Samsung Display. Repair and Rehabilitation chemicals benefit from VND 12 trillion expressway maintenance budgets, shifting share away from replacement concretes. Adhesives, Sealants, Grouts, and Anchors serve apartment renovations that specify low-VOC tile adhesives. Technology transfer from MAPEI’s Danish acquisition signals a pivot into superplasticizers that could re-mix the Vietnam construction chemicals market size toward higher-margin SKUs.

Vietnam Construction Chemicals Market: Market Share by Product

Note: Segment shares of all individual segments available upon report purchase

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By End-use Sector: Commercial Dominance Reflects Urbanization and FDI

Commercial captured 41.07% of the Vietnam construction chemicals market size in 2025 and is on track for a 7.59% CAGR through 2031. Grade-A office supply expanded 450,000 m² in 2024-2025, with landlords insisting on low-VOC adhesives, anti-carbonation coatings, and crystalline waterproofing to meet LEED and EDGE, embedding chemicals into premium lease structures. Retail complexes like the USD 1.5 billion Empire City adopt decorative epoxy floors and rapid-cure mortars to minimize tenant downtime.

Infrastructure demand is growing as the North–South High-Speed Railway, Long Thanh Airport, and metro tunnels command C50 concrete, corrosion inhibitors, and tunnel-lining systems built into their bills of quantities. Industrial and Institutional demand surges from data centers and EV plants that need electrostatic-discharge and chemical-resistant flooring with two-hour cure windows. Residential share remains resilient because of the 1 million-unit social-housing plan that standardizes tile adhesives and basic repair mortars. BESTMIX’s Ha Nam factory leverages local output to supply these cost-sensitive segments and fortify its Vietnam construction chemicals industry footprint.

Vietnam Construction Chemicals Market: Market Share by End-use Sector

Note: Segment shares of all individual segments available upon report purchase

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Geography Analysis

Southern Vietnam—including Ho Chi Minh City, Binh Duong, Dong Nai, and Ba Ria-Vung Tau—is fuelled by 60% of national FDI and mega-projects such as Long Thanh Airport and the Bien Hoa–Vung Tau expressway. Northern provinces (Hanoi, Bac Ninh, Hai Phong, Quang Ninh) contribute on the back of electronics clusters supplying Samsung, LG, and Foxconn, plus metro and expressway upgrades that lock in specialty admixtures. Central Vietnam and the Mekong Delta regions are growing as coastal cities deploy marine-grade waterproofers and delta provinces scale sulfate-resistant grouts using rice-husk-ash nano-silica. 

Demand density in the south arises from OLED, EV, and renewable-energy facilities requiring surface resistivity below 10⁶ ohms and two-hour cure floors that commodity cement cannot provide. Northern growth hinges on 40% of the North–South High-Speed Railway budget allocated to provinces above Da Nang, creating captive volumes for bridge-deck and tunnel systems. Saint-Gobain’s new Vietnam line post-FOSROC acquisition positions capacity in both economic corridors, while MC-Bauchemie’s three-plant network balances reach from Hanoi to Ho Chi Minh City. The geographical split keeps logistics costs in check and sustains divergent pricing tiers across the Vietnam construction chemicals market.

Competitive Landscape

The top five suppliers—Sika AG, MAPEI, Saint-Gobain, MC-Bauchemie, and BESTMIX CORPORATION —collectively hold 50-55% Vietnam construction chemicals market share, leaving 45-50% fragmented across 30-plus domestic and regional contenders such as GPS Vietnam and Adchem. Multinationals draw on global R&D to launch biomass-balanced superplasticizers, rapid-cure epoxies, and DURAflex membranes priced 20-30% above commodity products but face localized price competition in tile adhesives and repair mortars. Strategic focus revolves around plant localization and technical-service scale; Sika runs three blending sites and 90 certified applicators, while BESTMIX pushes a 15,000 tpy nano-silica line that undercut imported silica fume by 20%. 

Repair-and-rehabilitation chemicals for 1990s-era expressways and industrial flooring for data centers form the next white spaces, inviting entrants offering polymer-modified grouts and thermal-shock-resistant coatings. Disruption also comes from rice-husk-ash producers and digital procurement platforms aggregating small-contractor demand, shrinking distributor margins. Technology differentiation is notable: Saint-Gobain’s digital spec-writing tools, MAPEI’s dosage-calculation app, and MC-Bauchemie’s ISO 9001 labs that deliver same-day batch tests all raise switching costs and protect share. 

Vietnam Construction Chemicals Industry Leaders

  1. MAPEI S.p.A

  2. MC-Bauchemie

  3. Saint-Gobain

  4. Sika AG

  5. BESTMIX CORPORATION

  6. *Disclaimer: Major Players sorted in no particular order
Vietnam Construction Chemicals Market - Market Concentration
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Recent Industry Developments

  • February 2026: Vietnam introduced a new Law on Construction (LOC), replacing Law No. 50/2014/QH13, which included significant changes related to penalties, liquidated damages, and emphasized greater contractual freedom while reducing administrative control. These changes are expected to impact the construction chemicals market by fostering increased demand for innovative solutions and streamlining project execution.
  • February 2025: Saint-Gobain completed the acquisition of FOSROC, which strengthened its position in Vietnam's construction chemicals market. This acquisition enabled the company to expand its product portfolio and cater to the growing demand in the region.

Table of Contents for Vietnam Construction Chemicals Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Infrastructure‐led public sector spending surge
    • 4.2.2 Rapid expansion of foreign-invested industrial parks
    • 4.2.3 Adoption of low-carbon concrete admixtures
    • 4.2.4 Circular economy demand for rice-husk-ash nano-silica
    • 4.2.5 Green credit incentives for low-carbon materials
  • 4.3 Market Restraints
    • 4.3.1 Volatile cement and petro-chemical feedstock prices
    • 4.3.2 Fragmented contractor purchasing practices
    • 4.3.3 Slow harmonisation of national product standards
  • 4.4 Value Chain Analysis
  • 4.5 Porter's Five Forces
    • 4.5.1 Threat of New Entrants
    • 4.5.2 Bargaining Power of Suppliers
    • 4.5.3 Bargaining Power of Buyers
    • 4.5.4 Threat of Substitutes
    • 4.5.5 Competitive Rivalry

5. Market Size and Growth Forecasts (Value)

  • 5.1 By Product
    • 5.1.1 Concrete Admixture and Cement Grinding Aids
    • 5.1.2 Surface Treatment
    • 5.1.3 Repair and Rehabilitation
    • 5.1.4 Protective Coatings
    • 5.1.5 Industrial Flooring
    • 5.1.6 Waterproofing Solutions
    • 5.1.7 Adhesive and Sealants
    • 5.1.8 Grouts and Anchors
  • 5.2 By End-use Sector
    • 5.2.1 Commercial
    • 5.2.2 Industrial and Institutional
    • 5.2.3 Infrastructure
    • 5.2.4 Residential

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share(%)/Ranking Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Products and Services, Recent Developments)
    • 6.4.1 Adchem Construction Chemical (Amcor)
    • 6.4.2 BESTMIX CORPORATION
    • 6.4.3 GPS Vietnam
    • 6.4.4 MAPEI S.p.A
    • 6.4.5 MC-Bauchemie
    • 6.4.6 Saint-Gobain
    • 6.4.7 Schomburg
    • 6.4.8 Sika AG
    • 6.4.9 Thermax Limited

7. Market Opportunities and Future Outlook

  • 7.1 White-space and Unmet-Need Assessment
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Vietnam Construction Chemicals Market Report Scope

Construction chemicals are specialized compounds, including concrete admixtures, waterproofing agents, adhesives, and sealants, designed to improve the durability, strength, and workability of construction materials. Key chemicals, such as superplasticizers, accelerators, epoxy coatings, and corrosion inhibitors, help reduce water usage, accelerate curing, and protect structures from damage caused by moisture or fire.

The Vietnam construction chemicals market is segmented by product and end-use sector. By product, the market is segmented into concrete admixture and cement grinding aids, surface treatment, repair and rehabilitation, protective coatings, industrial flooring, waterproofing solutions, adhesives and sealants, and grouts and anchors. By end-use sector, the market is segmented into commercial, industrial and institutional, infrastructure, and residential. For each segment, the market sizing and forecasts have been done on the basis of value (USD).

By Product
Concrete Admixture and Cement Grinding Aids
Surface Treatment
Repair and Rehabilitation
Protective Coatings
Industrial Flooring
Waterproofing Solutions
Adhesive and Sealants
Grouts and Anchors
By End-use Sector
Commercial
Industrial and Institutional
Infrastructure
Residential
By ProductConcrete Admixture and Cement Grinding Aids
Surface Treatment
Repair and Rehabilitation
Protective Coatings
Industrial Flooring
Waterproofing Solutions
Adhesive and Sealants
Grouts and Anchors
By End-use SectorCommercial
Industrial and Institutional
Infrastructure
Residential
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Market Definition

  • END-USE SECTOR - Construction chemicals consumed in the construction sectors such as commercial, residential, industrial, institutional, and infrastructure are considered under the scope of the study.
  • PRODUCT/APPLICATION - Under the scope of the study, the consumption of construction chemical products such as concrete admixtures, repair and rehabilitation chemicals, flooring resins, waterproofing solutions, anchors and grouts, adhesives and sealants, and surface treatment chemicals is considered.
KeywordDefinition
AcceleratorAccelerators are admixtures used to fasten the setting time of concrete by increasing the initial rate and speeding up the chemical reaction between cement and the mixing water. These are used to harden and increase the strength of concrete quickly.
AcrylicThis synthetic resin is a derivative of acrylic acid. It forms a smooth surface and is mainly used for various indoor applications. The material can also be used for outdoor applications with a special formulation.
AdhesivesAdhesives are bonding agents used to join materials by gluing. Adhesives can be used in construction for many applications, such as carpet laying, ceramic tiles, countertop lamination, etc.
Air Entraining AdmixtureAir-entraining admixtures are used to improve the performance and durability of concrete. Once added, they create uniformly distributed small air bubbles to impart enhanced properties to the fresh and hardened concrete.
AlkydAlkyds are used in solvent-based paints such as construction and automotive paints, traffic paints, flooring resins, protective coatings for concrete, etc. Alkyd resins are formed by the reaction of an oil (fatty acid), a polyunsaturated alcohol (Polyol), and a polyunsaturated acid or anhydride.
Anchors and GroutsAnchors and grouts are construction chemicals that stabilize and improve the strength and durability of foundations and structures like buildings, bridges, dams, etc.
Cementitious FixingCementitious fixing is a process in which a cement-based grout is pumped under pressure to fill forms, voids, and cracks. It can be used in several settings, including bridges, marine applications, dams, and rock anchors.
Commercial ConstructionCommercial construction comprises new construction of warehouses, malls, shops, offices, hotels, restaurants, cinemas, theatres, etc.
Concrete AdmixturesConcrete admixtures comprise water reducers, air entrainers, retarders, accelerators, superplasticizers, etc., added to concrete before or during mixing to modify its properties.
Concrete Protective CoatingsTo provide specific protection, such as anti-carbonation or chemical resistance, a film-forming protective coat can be applied on the surface. Depending on the applications, different resins like epoxy, polyurethane, and acrylic can be used for concrete protective coatings.
Curing CompoundsCuring compounds are used to cure the surface of concrete structures, including columns, beams, slabs, and others. These curing compounds keep the moisture inside the concrete to give maximum strength and durability.
EpoxyEpoxy is known for its strong adhesive qualities, making it a versatile product in many industries. It resists heat and chemical applications, making it an ideal product for anyone needing a stronghold under pressure. It is widely used in adhesives, electrical and electronics, paints, etc.
Fiber Wrapping SystemsFiber Wrapping Systems are a part of construction repair and rehabilitation chemicals. It involves the strengthening of existing structures by wrapping structural members like beams and columns with glass or carbon fiber sheets.
Flooring ResinsFlooring resins are synthetic materials applied to floors to enhance their appearance, increase their resistance to wear and tear or provide protection from chemicals, moisture, and stains. Depending on the desired properties and the specific application, flooring resins are available in distinct types, such as epoxy, polyurethane, and acrylic.
High-Range Water Reducer (Super Plasticizer)High-range water reducers are a type of concrete admixture that provides enhanced and improved properties when added to concrete. These are also called superplasticizers and are used to decrease the water-to-cement ratio in concrete.
Hot Melt AdhesivesHot-melt adhesives are thermoplastic bonding materials applied as melts that achieve a solid state and resultant strength on cooling. They are commonly used for packaging, coatings, sanitary products, and tapes.
Industrial and Institutional ConstructionIndustrial and institutional construction includes new construction of hospitals, schools, manufacturing units, energy and power plants, etc.
Infrastructure ConstructionInfrastructure construction includes new construction of railways, roads, seaways, airports, bridges, highways, etc.
Injection GroutingThe process of injecting grout into open joints, cracks, voids, or honeycombs in concrete or masonry structural members is known as injection grouting. It offers several benefits, such as strengthening a structure and preventing water infiltration.
Liquid-Applied Waterproofing MembranesLiquid-Applied membrane is a monolithic, fully bonded, liquid-based coating suitable for many waterproofing applications. The coating cures to form a rubber-like elastomeric waterproof membrane and may be applied over many substrates, including asphalt, bitumen, and concrete.
Micro-concrete MortarsMicro-concrete mortar is made up of cement, water-based resin, additives, mineral pigments, and polymers and can be applied on both horizontal and vertical surfaces. It can be used to refurbish residential complexes, commercial spaces, etc.
Modified MortarsModified Mortars include Portland cement and sand along with latex/polymer additives. The additives increase adhesion, strength, and shock resistance while also reducing water absorption.
Mold Release AgentsMold release agents are sprayed or coated on the surface of molds to prevent a substrate from bonding to a molding surface. Several types of mold release agents, including silicone, lubricant, wax, fluorocarbons, and others, are used based on the type of substrates, including metals, steel, wood, rubber, plastic, and others.
PolyasparticPolyaspartic is a subset of polyurea. Polyaspartic floor coatings are typically two-part systems that consist of a resin and a catalyst to ease the curing process. It offers high durability and can withstand harsh environments.
PolyurethanePolyurethane is a plastic material that exists in various forms. It can be tailored to be either rigid or flexible and is the material of choice for a broad range of end-user applications, such as adhesives, coatings, building insulation, etc.
Reactive AdhesivesA reactive adhesive is made of monomers that react in the adhesive curing process and do not evaporate from the film during use. Instead, these volatile components become chemically incorporated into the adhesive.
Rebar ProtectorsIn concrete structures, rebar is one of the important components, and its deterioration due to corrosion is a major issue that affects the safety, durability, and life span of buildings and structures. For this reason, rebar protectors are used to protect against degrading effects, especially in infrastructure and industrial construction.
Repair and Rehabilitation ChemicalsRepair and Rehabilitation Chemicals include repair mortars, injection grouting materials, fiber wrapping systems, micro-concrete mortars, etc., used to repair and restore existing buildings and structures.
Residential ConstructionResidential construction involves constructing new houses or spaces like condominiums, villas, and landed homes.
Resin FixingThe process of using resins like epoxy and polyurethane for grouting applications is called resin fixing. Resin fixing offers several advantages, such as high compressive and tensile strength, negligible shrinkage, and greater chemical resistance compared to cementitious fixing.
RetarderRetarders are admixtures used to slow down the setting time of concrete. These are usually added with a dosage rate of around 0.2% -0.6% by weight of cement. These admixtures slow down hydration or lower the rate at which water penetrates the cement particles by making concrete workable for a long time.
SealantsA sealant is a viscous material that has little or no flow qualities, which causes it to remain on surfaces where they are applied. Sealants can also be thinner, enabling penetration to a certain substance through capillary action.
Sheet Waterproofing MembranesSheet membrane systems are reliable and durable thermoplastic waterproofing solutions that are used for waterproofing applications even in the most demanding below-ground structures, including those exposed to highly aggressive ground conditions and stress.
Shrinkage Reducing AdmixtureShrinkage-reducing admixtures are used to reduce concrete shrinkage, whether from drying or self-desiccation.
SiliconeSilicone is a polymer that contains silicon combined with carbon, hydrogen, oxygen, and, in some cases, other elements. It is an inert synthetic compound that comes in various forms, such as oil, rubber, and resin. Due to its heat-resistant properties, it finds applications in sealants, adhesives, lubricants, etc.
Solvent-borne AdhesivesSolvent-borne adhesives are mixtures of solvents and thermoplastic or slightly cross-linked polymers such as polychloroprene, polyurethane, acrylic, silicone, and natural and synthetic rubbers.
Surface Treatment ChemicalsSurface treatment chemicals are chemicals used to treat concrete surfaces, including roofs, vertical surfaces, and others. They act as curing compounds, demolding agents, rust removers, and others. They are cost-effective and can be used on roadways, pavements, parking lots, and others.
Viscosity ModifierViscosity Modifiers are concrete admixtures used to change various properties of admixtures, including viscosity, workability, cohesiveness, and others. These are usually added with a dosage of around 0.01% to 0.1% by weight of cement.
Water ReducerWater reducers, also called plasticizers, are a type of admixture used to decrease the water-to-cement ratio in the concrete, thereby increasing the durability and strength of concrete. Various water reducers include refined lignosulfonates, gluconates, hydroxycarboxylic acids, sugar acids, and others.
Water-borne AdhesivesWater-borne adhesives use water as a carrier or diluting medium to disperse resin. They are set by allowing the water to evaporate or be absorbed by the substrate. These adhesives are compounded with water as a dilutant rather than a volatile organic solvent.
Waterproofing ChemicalsWaterproofing chemicals are designed to protect a surface from the perils of leakage. A waterproofing chemical is a protective coating or primer applied to a structure's roof, retaining walls, or basement.
Waterproofing MembranesWaterproofing membranes are liquid-applied or self-adhering layers of water-tight materials that prevent water from penetrating or damaging a structure when applied to roofs, walls, foundations, basements, bathrooms, and other areas exposed to moisture or water.
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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
  • Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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