Vietnam Green Building Materials Market Size, Share, Trends and Forecast by Application and Region, 2026-2034

Vietnam Green Building Materials Market Overview:

The Vietnam green building materials market size reached USD 1,611.17 Million in 2025. Looking forward, the market is expected to reach USD 3,088.38 Million by 2034, exhibiting a growth rate (CAGR) of 7.50% during 2026-2034. The market is spurred by urbanization, growing environmental consciousness, and pro-sustainable-construction policies from the government. Consumption of locally available, sustainable materials like bamboo and agricultural waste products also favors sustainable development objectives. Governmental efforts to curtail its carbon footprint as per international climate agreements are encouraging public and private sector actors alike to adopt green building processes. Such elements are driving Vietnam green building materials market share upward on a consistent basis.

Vietnam Green Building Materials Market Trends:

Increasing Use of Green Materials in Urban Development

Vietnam is experiencing an increasing shift toward the application of green building products, particularly in rapidly growing urban areas like Ho Chi Minh City, Hanoi, and Da Nang. Increased urbanization, combined with growing concerns over environmental degradation and energy use, has prompted developers and architects to seek environmentally friendly construction methods. Materials such as fly ash cement, recycled steel, low-VOC paints, and energy-efficient insulation are being used in both public and private constructions. Most new homes and commercial buildings are starting to incorporate these materials to achieve green building certifications like LOTUS or LEED. Even large infrastructure projects, such as government offices and schools, are starting to put sustainability at the forefront of material choice. For example, Nguyen Cong Bao, the director of Fico Tay Ninh Cement JSC, stated that the company has invested in automated machinery and production lines while also emphasizing research and development to produce environment- friendly cement. Besides providing low-carbon cement, the company intends to establish a competitive price for the product by utilizing automation, machinery, and cost-reduction strategies, Bao mentioned. At the same time, SCG Concrete Roof Company introduced its eco-friendly cement to the local market, which reduces carbon emissions by 20 percent during production compared to the standard type. A company representative stated that the product received the Singaporean green certification, making it the inaugural concrete roof brand in Vietnam to achieve the certification. As urban planning agencies encourage the growth of eco-cities and climate-resilient infrastructure, utilizing green materials has moved beyond a fad—it's imperative. This transformation is changing building standards and establishing a new benchmark for sustainable urban development and further contributing to the Vietnam green building materials market growth.

Growing Demand for Locally Sourced and Low-Carbon Products

One of the primary trends of Vietnam's green building material market is growing demand for locally produced low-carbon products. To minimize transport emissions and support local economies, developers are opting for regionally sourced materials such as bamboo, laterite bricks, and clay products. Bamboo is especially popular for its environmental sustainability and as it is highly valued culturally which can be used in numerous ways. Traditional Vietnamese building practices are being innovatively mixed with green materials by some architects to create buildings that are both environmentally friendly and culturally sound. The focus on low-carbon materials also resonates with Vietnam's overall commitment to lowering its carbon footprint as part of national and global climate targets. Moreover, research institutions and universities in Vietnam are investigating new ways to transform agricultural residues, such as rice husks and coconut coir, into sustainable building materials. This regional and local development strategy is rewriting the history of sustainability in the Vietnamese construction industry, making Vietnam a regional green material innovation leader.

Government Incentives and Green Building Certification Drive

Government incentives and growing green building certification schemes are crucial in determining the market for green building materials in Vietnam. Initiatives such as the LOTUS rating system, which was specifically created for Vietnam, have established standards for energy efficiency, water saving, and material sustainability. Such certifications are making a big impact on developers opting for materials that are non-toxic, recyclable, and energy efficient. The government has also begun incorporating requirements for sustainability into urban planning codes, which are making state and private developers adhere to environmental standards. Tax concessions, pilot schemes, and technical training plans have been initiated to encourage the use of green practices. Furthermore, Vietnam's membership in international climate pacts has spurred long-term initiatives involving green building and sustainable materials as integral parts of national development agendas. As the public becomes more conscious and regulatory pressure mounts, developers and builders are moving toward the green standards, and environmentally friendly material selection is becoming a trend-defining aspect of Vietnamese construction.

 Vietnam Green Building Materials Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2026-2034. Our report has categorized the market based on application.

Application Insights:

• Insulation
• Roofing
• Framing
• Interior Finishing
• Exterior Siding
• Others

The report has provided a detailed breakup and analysis of the market based on the application. This includes insulation, roofing, framing, interior finishing, exterior siding, and others.

Regional Insights:

• Northern Vietnam
• Central Vietnam
• Southern Vietnam

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Vietnam, Central Vietnam, and Southern Vietnam.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Vietnam Green Building Materials Market Report Coverage:

Key Questions Answered in This Report:

• How has the Vietnam green building materials market performed so far and how will it perform in the coming years?
• What is the breakup of the Vietnam green building materials market on the basis of application?
• What is the breakup of the Vietnam green building materials market on the basis of region?
• What are the various stages in the value chain of the Vietnam green building materials market? 
• What are the key driving factors and challenges in the Vietnam green building materials market?
• What is the structure of the Vietnam green building materials market and who are the key players?
• What is the degree of competition in the Vietnam green building materials market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Vietnam green building materials market from 2020-2034.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Vietnam green building materials market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Vietnam green building materials industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.