Product Code: ETC204100 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The Indonesia Chromium Market is poised for steady growth rate improvements from 2025 to 2029. Commencing at 6.33% in 2025, growth builds up to 8.48% by 2029.
Indonesia's Chromium market is anticipated to experience a growing growth rate of 7.44% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
Chromium is an essential mineral found in trace amounts in the human body. It plays a critical role in regulating blood sugar levels and helps to break down carbohydrates, fats, and proteins for energy production. Indonesia is one of the world?s leading producers of chromium ore. The country has some of the largest deposits of high-grade chromite ore, which it exports to markets around the globe. Chromium-based chemicals are also used extensively by Indonesia manufacturers in various industries such as leather tanning, electroplating, wood preservatives and pigment manufacturing.
The Indonesia demand for chromium has been increasing rapidly due to its widespread use in stainless steel manufacturing and other industrial applications. This trend is expected to continue into the future as countries across Asia look towards expanding their infrastructure base with new construction projects that will require more durable materials like stainless steel for building components. Additionally, there has been a growing focus on environmental protection that has created increased demand for chrome plating processes that can help prevent corrosion damage from weathering elements such as rain or humidity over time. As a result, Indonesia manufacturers have seen rising demand from foreign buyers looking to take advantage of low prices with quality product offerings from Indonesia abundant reserves of chrmo ore.
The primary driver behind increased production and sale of chromium products from Indonesia lies within its large domestic market share coupled with strong export prospects overseas - particularly China who takes up 90%+ percent share. Furthermore, favourable government policies allowing free trade between exporting partners both domestically, regionally & internationally create ideal conditions for business development& growth. On top this supportive legal framework many businesses have started investing heavily on research & development activities related to production process innovation, thus providing additional support toward sustainable growth outcomes.
Due to pandemic outbreak most industries were put on hold while some parts faced severe disruption causing significant economic losses throughout 2025. Within Indonesia however despite slight dip during initial months post lockdown period ( April ? May ) business activity quickly resumed back normalcy level due mainly supported via government initiatives & stimulus packages designed specifically stimulate economy sector wise basis. Moreover , considering global scenario where majority countries went through recessionary phase investment outlook remained positive towards raw material industry despite odds making sure all stakeholders remain afloat during difficult times ahead them ultimately helping maintain existing supply chain networks intact without any major disruptions taking place throughout past year / 2025 fiscal year.
Some challenges faced by the market are High cost of extraction due to complex ore deposits,, Limited technological knowledge as well as access to advanced mining equipment,Environmental concerns raised by local communities regarding ecological impacts from open pit mining activities, and Uncertainty about government regulations governing raw material exports.
The key players in Indonesia chromium industry include PT Antam Tbk (formerly Aneka Tambang), PT Timah Tbk, Bukit Asam Group and China Minmetals Corporation among others.
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 Chromium Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Chromium Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Chromium Market - Industry Life Cycle |
3.4 Indonesia Chromium Market - Porter's Five Forces |
3.5 Indonesia Chromium Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Indonesia Chromium Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand from stainless steel industry due to its corrosion-resistant properties |
4.2.2 Growing infrastructure development projects in Indonesia driving the demand for chromium for construction materials |
4.2.3 Rising automotive industry in the country using chromium in manufacturing processes |
4.3 Market Restraints |
4.3.1 Fluctuating prices of chromium in the global market impacting the profitability of local producers |
4.3.2 Environmental regulations and sustainability concerns affecting the mining and processing of chromium in Indonesia |
5 Indonesia Chromium Market Trends |
6 Indonesia Chromium Market, By Types |
6.1 Indonesia Chromium Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Chromium Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Indonesia Chromium Market Revenues & Volume, By Chemical, 2021-2031F |
6.1.4 Indonesia Chromium Market Revenues & Volume, By Metallurgical, 2021-2031F |
6.1.5 Indonesia Chromium Market Revenues & Volume, By Refractory, 2021-2031F |
6.1.6 Indonesia Chromium Market Revenues & Volume, By Other Applications, 2021-2031F |
7 Indonesia Chromium Market Import-Export Trade Statistics |
7.1 Indonesia Chromium Market Export to Major Countries |
7.2 Indonesia Chromium Market Imports from Major Countries |
8 Indonesia Chromium Market Key Performance Indicators |
8.1 Chromium consumption in key industries (stainless steel, construction, automotive) |
8.2 Export/import trends of chromium products in Indonesia |
8.3 Investment in research and development for new applications of chromium |
8.4 Percentage of chromium recycling in the country |
8.5 Adoption rate of eco-friendly chromium mining and processing technologies |
9 Indonesia Chromium Market - Opportunity Assessment |
9.1 Indonesia Chromium Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Indonesia Chromium Market - Competitive Landscape |
10.1 Indonesia Chromium Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Chromium Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |