Product Code: ETC201880 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
Indonesia is one of the fastest-growing markets for lithium iodide, a chemical compound used in various industries including pharmaceuticals, electronics, and healthcare. It has been gaining momentum due to its low cost and high performance properties. Indonesia demand for lithium iodide has seen a steady growth over the past few years driven by increasing applications in sectors such as automotive batteries, consumer electronics and industrial chemicals.
The increasing use of lithium ion batteries in electric vehicles (EV) is driving the demand for Lithium Iodides from Indonesia. EV sales are expected to increase significantly in 2025, which will create new opportunities for this product segment. In addition, research into advanced technologies such as smart grid technology also supports the adoption of Lithium Iodides from Indonesia. Moreover, rising awareness regarding environmental issues associated with traditional energy sources will support further growth of this market. Additionally, manufacturers are increasingly offering customized products according to their customer needs which helps them gain more customers across different industries like consumer electronics industry etc., thus boosting demand from Indonesia market.
The primary drivers that have fuelled India?s growing demand for Lithium Iodides include; increased usage of electronic devices requiring higher power capacities at lower costs coupled with continued development in renewable energy sources such as solar cells and wind turbines that require efficient electrolyte chemistry components; stringent regulations governing emissions standards set forth by government authorities; expanding infrastructure investments towards repairing & replacing existing electrical grids & networks; increasing investment into fuel cell technologies & hydrogen economy related activities along with immense potential observed within medical instrumentation sector where iodine compounds act as key reagents/catalysts enabling modern day imaging modalities or other diagnostics based solutions that require precise targeting abilities have all created an upsurge within Indonesia Lithium Iodide Market landscape during recent times.
The COVID-19 pandemic has had an adverse impact on the global supply chain resulting in disruptions at every level leading to delays or stoppages of production processes during early 2025 period causing a significant dip both within import/export activities linked with Indonesia Lithium Iodide Market space along with local trade practices hindering overall progress rate being recorded till present date.This factor combined alongside numerous lockdowns imposed worldwide since mid March period followed by limited access towards raw material procurement alongwith shortage being witnessed upon labor resources have caused majority operations involved within manufacturing sphere towards becoming stagnant.
Low awareness of lithium iodide products in Indonesia, which limits the market potential, Lack of advanced technology and infrastructure for production and distribution of lithium iodide in Indonesia, and High cost associated with manufacturing and importing lithium iodide into the country, which makes it difficult for local industries to compete globally.
Some are the prominent players operating in the country named PT Prima Sarana Bajaj, PT Mitra Sinar Abadi, and Cakrawala Citra Niaga.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Lithium Iodide Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Lithium Iodide Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Lithium Iodide Market - Industry Life Cycle |
3.4 Indonesia Lithium Iodide Market - Porter's Five Forces |
3.5 Indonesia Lithium Iodide Market Revenues & Volume Share, By By Product Type, 2021 & 2031F |
3.6 Indonesia Lithium Iodide Market Revenues & Volume Share, By By Applications, 2021 & 2031F |
4 Indonesia Lithium Iodide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Lithium Iodide Market Trends |
6 Indonesia Lithium Iodide Market, By Types |
6.1 Indonesia Lithium Iodide Market, By By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Lithium Iodide Market Revenues & Volume, By By Product Type, 2021-2031F |
6.1.3 Indonesia Lithium Iodide Market Revenues & Volume, By Lithium Iodide Trihydrate, 2021-2031F |
6.1.4 Indonesia Lithium Iodide Market Revenues & Volume, By Lithium Iodide Anhydrous, 2021-2031F |
6.2 Indonesia Lithium Iodide Market, By By Applications |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Lithium Iodide Market Revenues & Volume, By Chemical, 2021-2031F |
6.2.3 Indonesia Lithium Iodide Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.4 Indonesia Lithium Iodide Market Revenues & Volume, By Electrolyte, 2021-2031F |
6.2.5 Indonesia Lithium Iodide Market Revenues & Volume, By Other, 2021-2031F |
7 Indonesia Lithium Iodide Market Import-Export Trade Statistics |
7.1 Indonesia Lithium Iodide Market Export to Major Countries |
7.2 Indonesia Lithium Iodide Market Imports from Major Countries |
8 Indonesia Lithium Iodide Market Key Performance Indicators |
9 Indonesia Lithium Iodide Market - Opportunity Assessment |
9.1 Indonesia Lithium Iodide Market Opportunity Assessment, By By Product Type, 2021 & 2031F |
9.2 Indonesia Lithium Iodide Market Opportunity Assessment, By By Applications, 2021 & 2031F |
10 Indonesia Lithium Iodide Market - Competitive Landscape |
10.1 Indonesia Lithium Iodide Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Lithium Iodide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |