Product Code: ETC093047 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Indonesia Cellulose Ethers market currently, in 2023, has witnessed an HHI of 3785, Which has increased moderately as compared to the HHI of 1470 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Indonesia is one of the leading markets for cellulose ethers in Asia Pacific. The demand for cellulose ethers in the country is increasing due to rising construction activities, increased usage in paints and coatings industry, and growing pharmaceutical sector. Additionally, growth of end-use industries such as food & beverages, cosmetics, personal care products, etc., are also supporting the market growth. Apart from this favorable macroeconomic conditions have resulted into robust economic performance which will further fuel the consumption of cellulose ethers during forecast period (2020?2025).
Rapid urbanization and industrialization along with increasing infrastructural investments has further fuelled Indonesia economy so that it can handle its ever expanding population growth. This development requires a considerable amount of raw materials which include various types of chemical ingredients used for different applications; hence creating greater opportunities for production and sale of functional additives such as cellulose ethers. In addition to this manufacturers are focusing on developing new grades or derivatives suitable for special requirements thereby driving product innovation resulting into higher demand from end use industries like paints & coatings etc.
The strong purchasing power among Indonesia population coupled with government initiatives towards infrastructure expansion is expected to drive industry growth over coming years. Furthermore rising number disposable income levels together with changing lifestyle patterns will propel consumption rate especially in FMCG related sectors like food & beverage industry where they are primarily used as stabilizers or emulsifiers providing thickening property or enhanced texture respectively on finished product portfolio. Moreover presence large number domestic players offering wide range formulations at competitive prices acts catalysts factor thereby boosting sales rate across nation over next 5 years time span.
The COVID-19 pandemic has had a significant impact on the Indonesia cellulose ethers market. The outbreak has disrupted the supply chain of raw materials, leading to low availability and high prices for essential products. Additionally, manufacturers have been forced to reduce production due to insufficient labor force and power outages during the lockdown period in certain parts of Indonesia. This has led to an overall decline in demand for cellulose ethers in Indonesia.
One of the major challenges faced by players operating in the Indonesia cellulose ethers market is obtaining sufficient raw material for production as several suppliers have suspended operations due to restrictions imposed during lockdowns. Additionally, maintaining consistent quality standards can be difficult since there are varying regulations regarding product quality across different regions in Indonesia that must be taken into account while manufacturing process runs smoothly. Furthermore, companies have been struggling with rising costs of production since most feedstock components used for producing cellulose ethers are imported from other countries making them vulnerable to currency fluctuations and trade tariffs imposed by foreign governments which affects price competitiveness negatively.
Some of the key players operating in the Indonesia cellullse ethers market include AkzoNobel Nederland BV., DowDuPont Inc., BASF SE etc,. These companies offer various types of cellullse esters such as methylcellulose (MC), hydroxyethylcelluluse (HEC), carboxymethylcelluluse (CMC) among others.. They also focus on expanding their presence through acquisitions or partnerships with local producers and distributors so as to gain better accession towards potential customers base within region.
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 ethers Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Cellulose ethers Market Revenues & Volume, 2020 & 2027F |
3.3 Indonesia Cellulose ethers Market - Industry Life Cycle |
3.4 Indonesia Cellulose ethers Market - Porter's Five Forces |
3.5 Indonesia Cellulose ethers Market Revenues & Volume Share, By Product Type, 2020 & 2027F |
3.6 Indonesia Cellulose ethers Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 Indonesia Cellulose ethers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Cellulose ethers Market Trends |
6 Indonesia Cellulose ethers Market, By Types |
6.1 Indonesia Cellulose ethers Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Cellulose ethers Market Revenues & Volume, By Product Type, 2018 - 2027F |
6.1.3 Indonesia Cellulose ethers Market Revenues & Volume, By Carboxymethyl Cellulose, 2018 - 2027F |
6.1.4 Indonesia Cellulose ethers Market Revenues & Volume, By Methyl Cellulose & Derivatives, 2018 - 2027F |
6.1.5 Indonesia Cellulose ethers Market Revenues & Volume, By Hydroxyethyl Cellulose, 2018 - 2027F |
6.1.6 Indonesia Cellulose ethers Market Revenues & Volume, By Others, 2018 - 2027F |
6.2 Indonesia Cellulose ethers Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Cellulose ethers Market Revenues & Volume, By Food and Beverage, 2018 - 2027F |
6.2.3 Indonesia Cellulose ethers Market Revenues & Volume, By Pharmaceuticals and Healthcare, 2018 - 2027F |
6.2.4 Indonesia Cellulose ethers Market Revenues & Volume, By Construction, 2018 - 2027F |
6.2.5 Indonesia Cellulose ethers Market Revenues & Volume, By Cosmetics, 2018 - 2027F |
6.2.6 Indonesia Cellulose ethers Market Revenues & Volume, By Personal Care, 2018 - 2027F |
6.2.7 Indonesia Cellulose ethers Market Revenues & Volume, By Others, 2018 - 2027F |
7 Indonesia Cellulose ethers Market Import-Export Trade Statistics |
7.1 Indonesia Cellulose ethers Market Export to Major Countries |
7.2 Indonesia Cellulose ethers Market Imports from Major Countries |
8 Indonesia Cellulose ethers Market Key Performance Indicators |
9 Indonesia Cellulose ethers Market - Opportunity Assessment |
9.1 Indonesia Cellulose ethers Market Opportunity Assessment, By Product Type, 2020 & 2027F |
9.2 Indonesia Cellulose ethers Market Opportunity Assessment, By Application, 2020 & 2027F |
10 Indonesia Cellulose ethers Market - Competitive Landscape |
10.1 Indonesia Cellulose ethers Market Revenue Share, By Companies, 2020 |
10.2 Indonesia Cellulose ethers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |