Wednesday, February 28, 2024
  • Procore - Leaderboard - Jan 2022
  • Apprenticeship Leaderboard - October 2023
  • IAPMO R&T Lab - Leaderboard
  • Dentec - Leaderboard - 2023 - Updated
  • Revizto - Leaderboard 1 - Dec to Feb
  • Keith Walking Floor - Leaderboard - Sept 2021
  • Premier Leaderboard - updated Nov 19

Vietnam Reinforcement Materials Market Expected to Reach USD 84,478 Bn by 2029 At a CAGR of 6.6%

Vietnam Reinforcement Materials Market Research in-Depth Analysis, Key Players, Challenges, Segmentation and Forecasts to 2024

PORTLAND, OREGON, UNITES STATE, February 1, 2024 / — The Vietnam reinforcement materials market was $49,453 thousand in 2017 and is expected to reach $84,478 thousand by 2024, expanding at CAGR of 7.9% from 2018-2024.

Download PDF Sample Report (Including COVID-19 effect Analysis) @

Reinforcement materials form composites where a homogeneous matrix component is fortified by a robust additive that is usually fibrous in nature. Sustainability and structural strength of reinforcement materials has made it ideal for use in automotive, consumer goods, marine products, and construction among other markets. Reinforcement materials are lighter in weight as compared to individual components, resulting in increased applications in the automotive, aerospace & defense, and construction industries. However, the high production cost of reinforcement materials could hamper the growth of the market. Technological advancements in the carbon and aramid fiber molding processes, have created numerous growth opportunities for the market players.

Based on material type, market is divided into glass fiber (roving, woven roving, fabrics, CSM/CFM, chopped strand, and others), carbon fiber (woven fabric, thermoset UD prepreg, thermoset fabric prepreg, thermoplastic prepreg, raw fiber, and molding compounds), and others. Glass fibers accounted for around two-thirds of the reinforcement materials industry revenue in 2017. The roving materials segment dominated the glass fibers market, generating nearly one-fourth of the total reinforcement materials industry revenue in the same year.

Purchase Enquiry Report @

Key end user industries include construction, and others. Construction segment further sub classified as residential, infrastructure and industrial. Construction segment will show fastest market growth over the forecast period, owning to rapid urbanization, industrialization and developing economic conditions.

Key Findings of the Vietnam Reinforcement Materials Market:

– This report provides an extensive analysis of the current trends and forecasts estimations and dynamics in the reinforcement materials industry in Vietnam.
– Comprehensive analysis of factors that drive and restrain the growth of the Vietnam reinforcement materials market share is provided in the report.
– It offers a quantitative analysis from 2017 to 2024, which is expected to enable the stakeholders to capitalize on prevailing market opportunities.

Report Customization @

About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

David Correa
Allied Market Research
+1 800-792-5285
email us here
Visit us on social media: