Indonesia Plastics Market Size, Share, Trends, Demand, Growth and Competitive Analysis| MarkNtel

MarkNtel Advisors recently published a detailed industry analysis of the Indonesia Plastics Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Indonesia Plastics Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030

The Indonesia Plastics Market size is estimated to grow at a CAGR of around 6.5% during the forecast period, i.e., 2024-30.

What are the major Driver the Indonesia Plastics industry?

Growing Demand from the Packaging Industry Driving Market Growth & Expansion – Plastics are crucial in the packaging industry as they offer numerous benefits that drive market growth, including exceptional wear and chemical resistance, ease of shaping, recyclability, puncture resistance, and high mechanical strength. Indonesia favors polyethylene terephthalate (PET) for its outstanding characteristics when it comes to packing applications. Plastics reign supreme across industries like food retailing and pharmaceuticals thanks to features such as lightweight design adaptability, easy maintenance, and moisture protection capabilities, making them superior alternatives compared with other materials.

Furthermore, PET plastic boasts properties that make it an excellent choice, particularly for food packaging, because of its low handling risks, minimal toxicity, and absence of bisphenol A(BPA) or heavy metals, which guarantee safety standards. Additionally, pharmaceutical companies can’t function without using plastics due to their versatility in critical areas like blood bags, syringes, nebulizers, and medicine bottles, amongst others. Notably, Indonesia's rising population fuels pharmaceutical advancements, consequently escalating plastic consumption within the nation, thereby further driving the market forward.

In addition, plastic packaging usage is on the rise within Indonesia's e-commerce sector. For instance,

As per the report by Agriculture and Agri-Food Canada, e-commerce sales at the retail level in Indonesia experienced a sharp rise to USD 48.1 billion in the year 2022 and are anticipated to witness an upsurge reaching USD 90.5 billion by the end of the year 2026.

According to the United States Department of Agriculture, the value of packaged food sales in Indonesia's retail market grew from USD 33.5 billion in 2021 to USD 38.2 billion in 2022.

This trend, which shows the growing consumption of plastics in food packaging within the country, is expected to continue in the coming years as well.

✅In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

Access the detailed PDF Sample report – https://www.marknteladvisors.com/query/request-sample/indonesia-plastics-market.html

What segments define the Indonesia Plastics market from 2024 to 2030? How do these segments contribute to market dynamics and growth?

·       By Type

o   Traditional Plastics

§  Polyethylene- Market Size & Forecast 2019-2030, (Thousand Tons)

§  Polypropylene- Market Size & Forecast 2019-2030, (Thousand Tons)

§  Polyvinyl Chloride- Market Size & Forecast 2019-2030, (Thousand Tons)

§  Polystyrene- Market Size & Forecast 2019-2030, (Thousand Tons)

o   Engineering Plastics

§  Polyethylene Terephthalate (PET)- Market Size & Forecast 2019-2030, (Thousand Tons)

§  Polybutylene Terephthalate (PBT)- Market Size & Forecast 2019-2030, (Thousand Tons)

§  Polycarbonates(PC)- Market Size & Forecast 2019-2030, (Thousand Tons)

§  Styrene Polymers (ABS & SAN)- Market Size & Forecast 2019-2030, (Thousand Tons)

§  Fluoropolymers- Market Size & Forecast 2019-2030, (Thousand Tons)

§  Polyoxymethylene (POM)- Market Size & Forecast 2019-2030, (Thousand Tons)

§  Polymethyl Methacrylate (PMMA)- Market Size & Forecast 2019-2030, (Thousand Tons)

§  Polyamide (PA)- Market Size & Forecast 2019-2030, (Thousand Tons)

§  Others (Liquid Crystal Polymer, Polyether Ether Ketone)- Market Size & Forecast 2019-2030, (Thousand Tons)

o   Bioplastics- Market Size & Forecast 2019-2030, (Thousand Tons)

·        By Plastics Molding Technology

o   Injection Molding- Market Size & Forecast 2019-2030, (Thousand Tons)

o   Extrusion Molding- Market Size & Forecast 2019-2030, (Thousand Tons)

o   Blow Molding - Market Size & Forecast 2019-2030, (Thousand Tons)

o   Others- Market Size & Forecast 2019-2030, (Thousand Tons)

According to report, Injection molding technology leads the Indonesian plastics market in terms of market share and value, exemplifying its dominance across various sectors.

·       By Application

o   Packaging- Market Size & Forecast 2019-2030, (Thousand Tons)

o   Electrical and Electronics- Market Size & Forecast 2019-2030, (Thousand Tons)

o   Building and Construction- Market Size & Forecast 2019-2030, (Thousand Tons)

o   Automotive and Transportation- Market Size & Forecast 2019-2030, (Thousand Tons)

o   Furniture and Bedding- Market Size & Forecast 2019-2030, (Thousand Tons)

o   Others (Houseware)- Market Size & Forecast 2019-2030, (Thousand Tons)

According to report, The Indonesian Plastic Market boasts a robust demand for packaging, making it one of its largest growing segments in terms of market share.

Explore the Complete Indonesia Plastics Market Analysis Report – https://www.marknteladvisors.com/research-library/indonesia-plastics-market.html

Geographical Analysis: Indonesia Plastics Market

o   Java

o   Sumatra

o   Kalimantan

o   Sulawesi

o   Others

Indonesia Plastics Market Share & Competitive Landscape:

The Indonesia Plastics Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry's leading companies, highlighting their strengths, financial performance, and market influence.

Leading Companies in the Indonesia Plastics Market are:

• Asahimas Chemical Company
• BASF SE
• Lotte Chemical Titan Holding Berhad
• PT ALBA Tridi Plastics Recycling
• PT Pertamina (Persero)
• Polychem Indonesia Tbk
• Chandra Asri Petrochemical
• LyondellBasell Industries Holdings BV
• Standard Toyo Polymer (Tosoh Corporation)
• Pt. Trias Toyobo Astria (TTA)
• Others (Solvay Chemicals Indonesia, Toray International Indonesia, etc.)

 Indonesia Plastics Industry Recent Development:

• In 2023, PT ALBA Tridi Plastics Recycling Indonesia, an ALBA Group Asia company, signed a USD 44.2 million blue loan agreement with the Asian Development Bank (ADB) to establish a polyethylene terephthalate (PET) recycling facility in Central Java.
• In 2022, Toyobo revealed a commitment of USD 73.2 million to establish a fresh polyester film packaging facility at Pt. Trias Toyobo Astria (TTA) in Indonesia. This expansion bolsters the company's foothold in the market.

 Questions Addressed in this Study

1.What factors are driving the Indonesia Plastics Market growth?

2.How is the Indonesia Plastics Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Indonesia Plastics Market?

4.What is the current size of the Indonesia Plastics Market, and how is it projected to change in the future?

6.What is the future outlook for the Indonesia Plastics Market in terms of technological advancements and market expansion?

For a Customized Analysis Report, Just Drop Your Inquiry Here – https://www.marknteladvisors.com/query/request-customization/indonesia-plastics-market.html

Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

More Research Studies Report:

- De-Icing and Anti-Icing Pumps Market size was valued at around USD 617 million in 2024 and is projected to reach USD 897.53 million in 2030 with a CAGR of around 6.22%.

- Magnesium Alloys in Automotive Market size was valued at around USD 2.2 billion in 2024 & is projected to reach USD 4.3 billion by 2030 with a CAGR of around 12%.

For Media Inquiries, Please Contact:

Email: sales@marknteladvisors.com

Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511

Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India