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Based on application, the market is divided into residential and non-residential. As per Vietnam architectural coatings industry analysis, the residential sector holds a major market share owing to the rise of renovation projects and new residential housing, growing investments by homeowners in enhancing the visual appeal of their homes, and supportive government initiatives which promote urban affordable housing. This initiative not only benefits developers and contractors but also provides much-needed housing options for low and middle-income families.
Vietnam Architectural Coatings Market Size
Vietnam Architectural Coatings Market Growth
Vietnam Architectural Coatings Market Share
Vietnam Architectural Coatings Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market reached an approximate value of USD 436.78 million.
The market is estimated to grow at a CAGR of 4.30% between 2024 and 2032.
The Vietnam architectural coatings market is estimated to witness a healthy growth during 2024-2032 to reach around USD 638.96 million by 2032.
The market is being driven due to rise of infrastructural projects in Vietnam, increased demand for low-VOC (Volatile Organic Compounds) coatings, and the growth of innovative coatings.
The key trends aiding the Vietnam architectural coatings market include the burgeoning popularity of DIY coatings, demand for personalised and aesthetically appealing coatings, and the growth of sustainable coatings.
Regions considered in the market are Southeast, Red River Delta, Mekong River Delta, and South Central Coast, among others.
Based on technology, market segmentations include solvent borne and water borne.
Various applications are residential and non-residential.
The major players in the market are BASF SE, Nippon Paint Holdings Co. Ltd., Jotun A/S, Kansai Paint Co., Ltd., KOVA Paint Co., Ltd., and TOA Paint (Thailand) Public Company Limited, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124