| Product Code: ETC4504409 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Composite resins are essential components in the aerospace, automotive, and construction sectors in Indonesia. Their lightweight and durable nature makes them a popular choice for applications that require high strength-to-weight ratios. The market for composite resins is set to experience steady growth as these industries continue to evolve.
The composite resin market in Indonesia is thriving due to the increasing adoption of composite materials across various industries, including aerospace, automotive, and construction. Composite resins serve as a crucial component in these materials, providing structural integrity and enhancing performance. The demand for lightweight, high-strength materials and the need for improved fuel efficiency have been key drivers in the growth of the composite resin market.
The composite resin market in Indonesia faces challenges related to customization. Different industries require composite materials with specific properties, such as strength-to-weight ratio, heat resistance, or corrosion resistance. Developing resin formulations that cater to these diverse needs while maintaining cost-effectiveness can be a demanding task for manufacturers.
The composite resin market was influenced by the pandemic`s effects on industries like aerospace, automotive, and construction. Reduced manufacturing and project delays impacted the demand for composite materials, while supply chain disruptions further complicated the market landscape.
The composite resin market in Indonesia is witnessing growth in the automotive, aerospace, and marine sectors. Key players like PT Wirasindo Santakarya (Wisanka) have been manufacturing composite resins that enhance the structural integrity and performance of composite materials in various applications.
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 Composite Resin Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Composite Resin Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Composite Resin Market - Industry Life Cycle |
3.4 Indonesia Composite Resin Market - Porter's Five Forces |
3.5 Indonesia Composite Resin Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Indonesia Composite Resin Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
3.7 Indonesia Composite Resin Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Indonesia Composite Resin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight materials in various industries such as automotive, aerospace, and construction, where composite resins are commonly used. |
4.2.2 Technological advancements leading to the development of innovative composite resin products with enhanced properties and performance. |
4.2.3 Increasing emphasis on sustainable and eco-friendly materials, as composite resins offer advantages in terms of recyclability and energy efficiency. |
4.3 Market Restraints |
4.3.1 High initial investment and production costs associated with composite resin manufacturing processes. |
4.3.2 Lack of awareness and limited adoption of composite resins among small and medium-sized enterprises in Indonesia. |
4.3.3 Challenges related to quality control and standardization in the composite resin industry, leading to potential performance issues. |
5 Indonesia Composite Resin Market Trends |
6 Indonesia Composite Resin Market, By Types |
6.1 Indonesia Composite Resin Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Composite Resin Market Revenues & Volume, By Resin Type, 2021-2031F |
6.1.3 Indonesia Composite Resin Market Revenues & Volume, By Thermoset, 2021-2031F |
6.1.4 Indonesia Composite Resin Market Revenues & Volume, By Thermoplastic, 2021-2031F |
6.2 Indonesia Composite Resin Market, By Manufacturing Process |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Composite Resin Market Revenues & Volume, By Layup, 2021-2031F |
6.2.3 Indonesia Composite Resin Market Revenues & Volume, By Filament Winding, 2021-2031F |
6.2.4 Indonesia Composite Resin Market Revenues & Volume, By Injection Molding, 2021-2031F |
6.2.5 Indonesia Composite Resin Market Revenues & Volume, By Pultrusion, 2021-2031F |
6.2.6 Indonesia Composite Resin Market Revenues & Volume, By Compression Molding, 2021-2031F |
6.2.7 Indonesia Composite Resin Market Revenues & Volume, By Resin Transfer Molding, 2021-2031F |
6.3 Indonesia Composite Resin Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Composite Resin Market Revenues & Volume, By Construction & Infrastructure, 2021-2031F |
6.3.3 Indonesia Composite Resin Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.4 Indonesia Composite Resin Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.3.5 Indonesia Composite Resin Market Revenues & Volume, By Pipes & Tanks, 2021-2031F |
6.3.6 Indonesia Composite Resin Market Revenues & Volume, By Wind Energy, 2021-2031F |
6.3.7 Indonesia Composite Resin Market Revenues & Volume, By Marine, 2021-2031F |
6.3.8 Indonesia Composite Resin Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Indonesia Composite Resin Market Revenues & Volume, By Others, 2021-2031F |
7 Indonesia Composite Resin Market Import-Export Trade Statistics |
7.1 Indonesia Composite Resin Market Export to Major Countries |
7.2 Indonesia Composite Resin Market Imports from Major Countries |
8 Indonesia Composite Resin Market Key Performance Indicators |
8.1 Research and development investment in new composite resin technologies. |
8.2 Percentage of manufacturers adopting sustainable practices in composite resin production. |
8.3 Number of partnerships and collaborations in the composite resin industry for knowledge sharing and technology transfer. |
9 Indonesia Composite Resin Market - Opportunity Assessment |
9.1 Indonesia Composite Resin Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Indonesia Composite Resin Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
9.3 Indonesia Composite Resin Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Indonesia Composite Resin Market - Competitive Landscape |
10.1 Indonesia Composite Resin Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Composite Resin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |