| Product Code: ETC190300 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 |
In the Indonesia acid anhydrides market, the import trend showed significant growth from 2023 to 2024, with a growth rate of 95.96%. The compound annual growth rate (CAGR) for imports between 2020 and 2024 stood at 12.26%. This surge in imports can be attributed to a notable demand shift towards acid anhydrides in various industries during this period.
Indonesia acid anhydrides market is expected to register a steady growth rate. Growing demand for paper and plastic films, along with rising industrial production in the country, will drive the market?s expansion during this period. Acid anhydrides are used as chemical agents in various industries such as polyester resins, pharmaceuticals, and agricultural chemicals. Although Indonesia economy has been hit by COVID-19 pandemic, its overall economic impact is not expected to be severe on the acid anhydride market since most of these products are essential commodities that find extensive application across different industries.
The increasing demand for biodegradable plastics from consumers and companies due to growing environmental awareness among them is driving up sales of acid anhydride derivatives such as phthalic anhydride (PA) which finds usage in making these kinds of plastics. Moreover, automotive component manufacturers have also started using PA extensively owing to its superior properties when compared with traditional alternatives like metal or wood offered by competitors. Furthermore, rapidly expanding end use sectors like construction industry including flooring tiles and wall panelling coupled with favorable government policies regulating imports are likely to further spur demand for this product range in Indonesia over upcoming years.
Growing urbanization trends leading to increased investments into infrastructure projects particularly residential apartments is fuelling up sales opportunities for producers operating in Indonesia acid anhydride space who offer building materials like paints & dyes utilizing this chemical agent as raw material inputs. Additionally, rapid advancements occurring within healthcare sector especially those related to vaccines development are also pushing uptake trajectory higher since many drugs required for treating newly discovered viruses can only be made through synthesis involving use of acid anhydrides based reagents/solvents under laboratory conditions thus opening new avenues towards revenue generation possibilities hereon forth.
Despite some initial declines reported due disruptions caused because imposition lockdown measures domestic supply chains suddenly broke down but eventually recovered once restrictions were lifted subsequently resulting sharp rebound witnessed throughout August 2025 onwards hence auguring well end user industries reliant upon it Acid Anhyride derived goods future prospects seem quite rosy at present moment time.
However, complex production process and environmental regulations related to these products are some major challenges faced by manufacturers operating in Indonesia acid anhydride industry. Additionally, high price volatility of raw materials used for production hampers its adoption among users due to cost constraints.
Some key players operating in Indonesia acid anhydrides market include PT ANCO Chemical (Indonesia), RAK Chemicals LLC., DowDuPont Inc., BASF SE (Germany) , Mitsubishi Gas Chemical Company Inc (Japan), Yara International ASA (Norway), LG Chem Ltd.(South Korea) etc.
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 Acid Anhydrides Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Acid Anhydrides Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Acid Anhydrides Market - Industry Life Cycle |
3.4 Indonesia Acid Anhydrides Market - Porter's Five Forces |
3.5 Indonesia Acid Anhydrides Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Indonesia Acid Anhydrides Market Revenues & Volume Share, By composition, 2021 & 2031F |
3.7 Indonesia Acid Anhydrides Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Indonesia Acid Anhydrides Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for acid anhydrides in various industrial applications such as pharmaceuticals, plastics, and resins |
4.2.2 Increasing investments in infrastructure development and construction projects in Indonesia |
4.2.3 Rising adoption of acid anhydrides in the automotive industry for manufacturing lightweight materials |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of acid anhydrides |
4.3.2 Stringent environmental regulations related to the manufacturing and disposal of acid anhydrides |
4.3.3 Intense competition from substitute products affecting market growth |
5 Indonesia Acid Anhydrides Market Trends |
6 Indonesia Acid Anhydrides Market, By Types |
6.1 Indonesia Acid Anhydrides Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Acid Anhydrides Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Indonesia Acid Anhydrides Market Revenues & Volume, By Pesticides, 2021-2031F |
6.1.4 Indonesia Acid Anhydrides Market Revenues & Volume, By Plasticizers, 2021-2031F |
6.1.5 Indonesia Acid Anhydrides Market Revenues & Volume, By Dyes & Pigments, 2021-2031F |
6.1.6 Indonesia Acid Anhydrides Market Revenues & Volume, By Additives, 2021-2031F |
6.1.7 Indonesia Acid Anhydrides Market Revenues & Volume, By Flavors, 2021-2031F |
6.1.8 Indonesia Acid Anhydrides Market Revenues & Volume, By Others, 2021-2031F |
6.2 Indonesia Acid Anhydrides Market, By composition |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Acid Anhydrides Market Revenues & Volume, By Inorganic, 2021-2031F |
6.2.3 Indonesia Acid Anhydrides Market Revenues & Volume, By Organic, 2021-2031F |
6.3 Indonesia Acid Anhydrides Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Acid Anhydrides Market Revenues & Volume, By Construction, 2021-2031F |
6.3.3 Indonesia Acid Anhydrides Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.4 Indonesia Acid Anhydrides Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.5 Indonesia Acid Anhydrides Market Revenues & Volume, By Agrochemicals, 2021-2031F |
6.3.6 Indonesia Acid Anhydrides Market Revenues & Volume, By Textiles, 2021-2031F |
6.3.7 Indonesia Acid Anhydrides Market Revenues & Volume, By Food & Beverages, 2021-2031F |
7 Indonesia Acid Anhydrides Market Import-Export Trade Statistics |
7.1 Indonesia Acid Anhydrides Market Export to Major Countries |
7.2 Indonesia Acid Anhydrides Market Imports from Major Countries |
8 Indonesia Acid Anhydrides Market Key Performance Indicators |
8.1 Average selling price of acid anhydrides |
8.2 Capacity utilization rate of acid anhydrides manufacturers |
8.3 Number of research and development initiatives for new applications of acid anhydrides |
9 Indonesia Acid Anhydrides Market - Opportunity Assessment |
9.1 Indonesia Acid Anhydrides Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Indonesia Acid Anhydrides Market Opportunity Assessment, By composition, 2021 & 2031F |
9.3 Indonesia Acid Anhydrides Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Indonesia Acid Anhydrides Market - Competitive Landscape |
10.1 Indonesia Acid Anhydrides Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Acid Anhydrides Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |