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Report
Indonesia Basic Chemicals Market Report and Forecast 2024-2032
Market Report I 2024-06-20 I 168 Pages I EMR Inc.
Indonesia Basic Chemicals Market Report and Forecast 2024-2032
Market outlook
According to the report by Expert Market Research (EMR), the Indonesia basic chemicals market size is projected to further grow at a CAGR of 4.80% between 2024 and 2032. Aided by the increasing demand for industrial chemicals and the growing applications of basic chemicals in various sectors, the market is expected to significantly grow by 2032.
Basic chemicals, also known as commodity chemicals, are fundamental raw materials used in the production of more complex chemical products and formulations. These chemicals include acids, alkalis, salts, and other substances that serve as building blocks for numerous industrial processes. They play a critical role in the manufacturing, construction, agriculture, and pharmaceutical sectors, among others.
The increasing demand for industrial chemicals is driving the Indonesia basic chemicals market growth. As the country continues to industrialise and urbanise, there has been a significant rise in the demand for chemicals used in manufacturing processes. Basic chemicals are essential in the production of plastics, textiles, automotive parts, and construction materials, among other products, thereby boosting their demand.
Moreover, the expanding applications of basic chemicals in various sectors play a significant role in propelling the market. In the manufacturing sector, basic chemicals are used as raw materials for the production of a wide range of products, from consumer goods to industrial equipment. The growing manufacturing sector in Indonesia is driving the demand for basic chemicals.
The agriculture sector also benefits significantly from basic chemicals, which are used in the formulation of fertilisers, pesticides, and herbicides. The increasing focus on enhancing agricultural productivity and ensuring food security is driving the demand for these chemicals. Additionally, the pharmaceutical sector uses basic chemicals in the production of drugs and medicinal formulations, contributing to the market growth, consequently driving up the Indonesia basic chemicals market share.
The construction sector also benefits significantly from basic chemicals, which are used in the production of cement, concrete, and other building materials. The rapid urbanisation and infrastructure development in Indonesia are driving the demand for construction materials, thereby boosting the market for basic chemicals.
The pharmaceutical sector uses basic chemicals in the production of drugs and medicinal formulations. These chemicals serve as active pharmaceutical ingredients (APIs) and excipients, playing a vital role in drug formulation and production. The increasing demand for pharmaceuticals and the growing focus on healthcare are driving the adoption of basic chemicals in this sector.
As per the Indonesia basic chemicals market analysis, the water treatment sector is another significant market for basic chemicals. These chemicals are used in the treatment of industrial and municipal wastewater, ensuring the removal of contaminants and pollutants. The growing focus on environmental sustainability and the need for clean water are driving the demand for basic chemicals in the water treatment sector. The development of specialty chemicals, which offer specific properties and functionalities, is gaining traction. These chemicals cater to niche markets and specialised applications, providing tailored solutions for various sector.
With increasing awareness of environmental sustainability, there is a growing demand for eco-friendly and sustainable chemical products. Companies are adopting green chemistry practices and developing biodegradable chemicals to meet consumer preferences and regulatory requirements.
Market Segmentation
The market can be divided based on type, product, and application
Market Breakup by Type
- Inorganic Chemicals
- Organic Chemicals
Market Breakup by Product
- Ethylene
- Propylene
- Methanol
- Benzene
- Paraxylene
- Chlorine
- Ammonia
- Acetic Acid
- Others
Market Breakup by Application
- Food and Beverage
- Pharmaceuticals
- Agriculture
- Building and Construction
- Energy
- Pulp and Paper
- Others
Competitive landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in Indonesia basic chemicals market. some of the major players explored in the report by expert market research are as follows:
- BASF SE
- Solvay S.A.
- Borealis AG
- INEOS Capital Limited
- The Dow Chemical Company
- Mitsubishi Chemical Corporation
- LyondellBasell Industries Holdings B.V.
- Sumitomo Corporation
- Eastman Chemical Company
- Asahimas Chemical Company
- Chandra Asri Petrochemical
- Others
About us
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Basic Chemicals Market Overview
8.1 Key Industry Highlights
8.2 Global Basic Chemicals Historical Market (2018-2023)
8.3 Global Basic Chemicals Market Forecast (2024-2032)
8.4 Global Basic Chemicals Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 Indonesia Basic Chemicals Market Overview
9.1 Key Industry Highlights
9.2 Indonesia Basic Chemicals Historical Market (2018-2023)
9.3 Indonesia Basic Chemicals Market Forecast (2024-2032)
10 Indonesia Basic Chemicals Market by Type
10.1 Inorganic Chemicals
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Organic Chemicals
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 Indonesia Basic Chemicals Market by Product
11.1 Ethylene
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Propylene
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Methanol
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Benzene
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Paraxylene
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Chlorine
11.6.1 Historical Trend (2018-2023)
11.6.2 Forecast Trend (2024-2032)
11.7 Ammonia
11.7.1 Historical Trend (2018-2023)
11.7.2 Forecast Trend (2024-2032)
11.8 Acetic Acid
11.8.1 Historical Trend (2018-2023)
11.8.2 Forecast Trend (2024-2032)
11.9 Others
12 Indonesia Basic Chemicals Market by Application
12.1 Food and Beverage
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Pharmaceuticals
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Agriculture
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Building and Construction
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Energy
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
12.6 Pulp and Paper
12.6.1 Historical Trend (2018-2023)
12.6.2 Forecast Trend (2024-2032)
12.7 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter's Five Forces Analysis
13.2.1 Supplier's Power
13.2.2 Buyer's Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Trade Data Analysis
14.1 Major Exporting Countries
14.1.1 By Value
14.1.2 By Volume
14.2 Major Importing Countries
14.2.1 By Value
14.2.2 By Volume
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 BASF SE
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Solvay S.A.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Borealis AG
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 INEOS Capital Limited
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 The Dow Chemical Company
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Mitsubishi Chemical Corporation
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 LyondellBasell Industries Holdings B.V.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Sumitomo Corporation
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Eastman Chemical Company
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Asahimas Chemical Company
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Chandra Asri Petrochemical
15.2.11.1 Company Overview
15.2.11.2 Product Portfolio
15.2.11.3 Demographic Reach and Achievements
15.2.11.4 Certifications
15.2.12 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Basic Chemicals Market: Key Industry Highlights, 2018 and 2032
2. Indonesia Basic Chemicals Market: Key Industry Highlights, 2018 and 2032
3. Indonesia Basic Chemicals Historical Market: Breakup by Type (USD Million), 2018-2023
4. Indonesia Basic Chemicals Market Forecast: Breakup by Type (USD Million), 2024-2032
5. Indonesia Basic Chemicals Historical Market: Breakup by Product (USD Million), 2018-2023
6. Indonesia Basic Chemicals Market Forecast: Breakup by Product (USD Million), 2024-2032
7. Indonesia Basic Chemicals Historical Market: Breakup by Application (USD Million), 2018-2023
8. Indonesia Basic Chemicals Market Forecast: Breakup by Application (USD Million), 2024-2032
9. Major Importing Countries by Volume
10. Major Exporting Countries by Volume
11. Major Importing Countries by Value
12. Major Exporting Countries by Value
13. Indonesia Basic Chemicals Market Structure
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