Indonesia Plastics Market Segmentation: Insight and Analysis 2024-2030
MarkNtel Advisors, a leading market research firm, has showed its latest study titled "Indonesia Plastics Market", offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.
The report
combines in-depth quantitative analysis with qualitative analysis; it ranges
from macro-overviews of the overall market size, industry chain, and market
dynamics to micro details of segment markets. This, as a result, provides a
thorough overview of the industry under study as well as a profound
understanding of all of its important features.
Analysis and Insights into the Indonesia
Plastics Market: 2024-2030
The Indonesia
Plastics Market size is estimated to grow at a CAGR of around 6.5% during the
forecast period, i.e., 2024-30.
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Indonesia Plastics Market Challenge:
Government Strict Regulations on Plastic
Usage & Over-Reliance on Imported Raw Materials Impeding the Market
Expansion – The plastic
market in Indonesia is facing a dual challenge caused by strict government
regulations on plastic usage and a heavy reliance on imported raw materials.
The implementation of regulatory measures like the prohibition against
single-use plastics and restrictions imposed on packing using such material has
led both local and international manufacturers to reconsider their operations.
Although important for ecology, this legislative landscape brings logistical
challenges that companies must navigate to ensure compliance while managing
financial aspects.
Moreover,
relying heavily on outsourced resources amplifies vulnerabilities, exposing
markets to fluctuations due to supply chain disruptions or volatile global
prices. To overcome these issues, stakeholders need to focus on developing
innovative sustainable solutions that invest domestically, enhance production
capabilities, lobby policymakers, and jointly create practical legislation
balancing ecological concerns with economic viability.
The Indonesian
plastics market is confronted with a major impediment in adhering to strict
government regulations designed to minimize environmental damage. The
marketplace has undergone significant changes due to the implementation of limitations
on single-use plastics, along with mandates for efficient waste management and
support for recycling initiatives. In 2020, under the leadership of the
Indonesia National Plastic Action Partnership (NPAP), a fusion plan was put
into action aimed at reducing marine plastic leakage by 70% by 2025 while also
aiming toward achieving complete eradication of plastic pollution through
transitioning towards circular economy principles by 2040. Accomplishing both
regulatory compliance and sustainable innovation goals presents an intricate
challenge that demands swift attention from stakeholders involving various
industries.
Indonesia Plastics Market Segmentation:
The Indonesia
Plastics Market is categorized in to different segments. Analyzing growth
across these segments enables a comprehensive understanding of key growth areas
within the industry. This segmentation provides valuable market insights,
empowering stakeholders to make strategic decisions and identify primary market
applications effectively.
By Type
-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)
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)
-Bioplastics- Market Size & Forecast 2019-2030, (Thousand Tons)
By Plastics
Molding Technology
-Injection Molding- Market Size & Forecast 2019-2030, (Thousand Tons)
-Extrusion Molding- Market Size & Forecast 2019-2030, (Thousand Tons)
-Blow Molding - Market Size & Forecast 2019-2030, (Thousand Tons)
-Others- Market Size & Forecast 2019-2030, (Thousand Tons)
By
Application
-Packaging- Market Size & Forecast 2019-2030, (Thousand Tons)
-Electrical and Electronics- Market Size & Forecast 2019-2030, (Thousand
Tons)
-Building and Construction- Market Size & Forecast 2019-2030,
(Thousand Tons)
-Automotive and Transportation- Market Size & Forecast 2019-2030,
(Thousand Tons)
-Furniture and Bedding- Market Size & Forecast 2019-2030, (Thousand
Tons)
-Others (Houseware)- Market Size & Forecast 2019-2030, (Thousand
Tons).
Geographical Analysis into the Indonesia
Plastics Market:
·
Java
·
Sumatra
·
Kalimantan
·
Sulawesi
·
Others
Read
Detailed Index of full Research Study at – https://www.marknteladvisors.com/research-library/indonesia-plastics-market.html
Competitive Landscape and Indonesia
Plastics Market Share Analysis:
The competitive
landscape of the Indonesia Plastics Market includes comprehensive details about
competitors. These details encompass company overviews, financial performance,
revenue generation, market potential, investments in research and development,
new market strategies, production facilities, strengths and weaknesses, product
launches, ongoing trials, approvals, patents, product range, dominant
applications, and technology life cycle.
The report
features major players including:
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,.
Market
research studies from MarkNtel Advisors are offered in PDF, Excel and
PowerPoint formats. Within 24 hours of the payment being successfully received,
the report will be sent to your email address.
Questions Addressed in this Study
·
What
factors are driving the Indonesia Plastics Market growth?
·
How
is the Indonesia Plastics Market expected to grow over the next five years?
·
What
are the key insights into the current trends in the Indonesia Plastics Market?
·
What
is the current size of the Indonesia Plastics Market, and how is it projected
to change in the future?
·
What
is the future outlook for the Indonesia Plastics Market in terms of
technological advancements and market expansion?
Why choose MarkNtel?
MarkNtel Advisors is a leading market research company, 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.
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