Vietnam Floor Adhesive Market Forecast 2027 - Projected Growth & Opportunities
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 the floor adhesives market in Vietnam. Based on application, the floor adhesive market has been categorized 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 ca...