| Product Code: ETC098567 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Indonesia`s import trend for the cellulose esters market showed a notable growth rate of 33.58% from 2023 to 2024, with a compound annual growth rate (CAGR) of 42.78% for the period of 2020-2024. This significant uptrend can be attributed to a surge in demand for cellulose esters in various industries, indicating a robust market momentum driven by increasing applications and consumer preferences.
The Cellulose Esters market in Indonesia is projected to grow at a growing growth rate of 9.52% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

Indonesia cellulose esters market is one of the largest in Southeast Asia. Cellulose esters are used for a variety of applications, including coatings, adhesives, and printing inks. The growth of this market is driven by demand from the automotive industry, manufacturing sector and construction industry. Additionally, rising urbanization and investment in infrastructure have also contributed to the growth of this market.
The growing use of bio-based products has been driving the global cellulose ester market with increasing demand due to its ecofriendly nature. Furthermore, advances in polymer science have allowed manufacturers to develop cellulosic materials that can replace traditional petroleum-based resins with better performance characteristics such as lower volatility and improved thermal stability which further contributes to its rising demand globally as well as Indonesia domestic markets. In addition there has been increased research into low VOC compliant formulations which offer superior adhesion strength while reducing health risks associated with volatile organic compounds (VOC).
Increasing industrial developments across Indonesia is leading to an increase in demand for cellulose esters for various applications like paints & coating and textile industries among others. Growing usage of plant fibers instead of synthetic resources is anticipated to drive product sales over the forecast period. Rising consumer awareness about environmental issues related to unsustainable production processes has led them towards green alternatives. Growing investments from government initiatives such as ?Make In India? campaign will aid future consumption scenarios across domestic markets within country. Innovative technological advancements along with improving economic conditions are expected support healthy growth prospects over short term period.
The outbreak of the COVID-19 pandemic has had a significant impact on the Indonesia cellulose esters market. The demand for these products has significantly declined due to the economic slowdown caused by efforts to contain the spread of the virus. In addition, supply chain disruptions in some regions have resulted in decreased production and transportation capacity. As a result, prices have dropped significantly as well.
The main challenge faced by manufacturers is ensuring that their production meets quality standards and meets customer needs in terms of price, performance, and reliability. Additionally, suppliers must also make sure that they are able to procure raw materials at competitive prices while still maintaining high levels of product quality. Finally, companies need to invest heavily into marketing and communication techniques so as to build brand recognition amongst customers within Indonesia highly competitive market environment.
Some key players operating in Indonesia cellulose esters markets include PT Inti Indorayon Utama (IIU), PT Kertas Nusantara Tbk., PT Musim Mas Holdings Berhad (MMHB), Indo Raya Chemical Industry & Trading Co., Ltd., Asia Pacific Rayon Group Company Limited (APR).
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 Cellulose Esters Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Cellulose Esters Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Cellulose Esters Market - Industry Life Cycle |
3.4 Indonesia Cellulose Esters Market - Porter's Five Forces |
3.5 Indonesia Cellulose Esters Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Indonesia Cellulose Esters Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Indonesia Cellulose Esters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for environmentally friendly products in industries such as pharmaceuticals, food, and cosmetics |
4.2.2 Growth in the packaging industry leading to higher demand for cellulose esters as an eco-friendly packaging material |
4.2.3 Government initiatives promoting the use of sustainable materials in manufacturing processes |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of cellulose esters |
4.3.2 Lack of awareness among consumers about the benefits and applications of cellulose esters |
4.3.3 Stringent regulations and compliance requirements for the production and usage of cellulose esters |
5 Indonesia Cellulose Esters Market Trends |
6 Indonesia Cellulose Esters Market, By Types |
6.1 Indonesia Cellulose Esters Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Cellulose Esters Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Indonesia Cellulose Esters Market Revenues & Volume, By Cellulose acetate, 2021-2031F |
6.1.4 Indonesia Cellulose Esters Market Revenues & Volume, By Cellulose acetate propionate, 2021-2031F |
6.1.5 Indonesia Cellulose Esters Market Revenues & Volume, By Cellulose acetate butyrate, 2021-2031F |
6.1.6 Indonesia Cellulose Esters Market Revenues & Volume, By Cellulose nitrate, 2021-2031F |
6.1.7 Indonesia Cellulose Esters Market Revenues & Volume, By Others, 2021-2031F |
6.2 Indonesia Cellulose Esters Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Cellulose Esters Market Revenues & Volume, By Coatings, 2021-2031F |
6.2.3 Indonesia Cellulose Esters Market Revenues & Volume, By Films and tapes, 2021-2031F |
6.2.4 Indonesia Cellulose Esters Market Revenues & Volume, By Cigarette filters, 2021-2031F |
6.2.5 Indonesia Cellulose Esters Market Revenues & Volume, By Inks, 2021-2031F |
6.2.6 Indonesia Cellulose Esters Market Revenues & Volume, By Plasticizers, 2021-2031F |
6.2.7 Indonesia Cellulose Esters Market Revenues & Volume, By Others, 2021-2031F |
7 Indonesia Cellulose Esters Market Import-Export Trade Statistics |
7.1 Indonesia Cellulose Esters Market Export to Major Countries |
7.2 Indonesia Cellulose Esters Market Imports from Major Countries |
8 Indonesia Cellulose Esters Market Key Performance Indicators |
8.1 Research and development investment in cellulose esters innovation and technology |
8.2 Number of patents filed for new cellulose esters formulations and applications |
8.3 Percentage increase in demand from key end-user industries such as pharmaceuticals, food, and cosmetics |
8.4 Sustainability certifications obtained by cellulose esters manufacturers |
8.5 Adoption rate of cellulose esters in the packaging industry |
9 Indonesia Cellulose Esters Market - Opportunity Assessment |
9.1 Indonesia Cellulose Esters Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Indonesia Cellulose Esters Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Indonesia Cellulose Esters Market - Competitive Landscape |
10.1 Indonesia Cellulose Esters Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Cellulose Esters Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |