| Product Code: ETC4511669 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
In the Indonesia corrosion-resistant resin market, the import trend showed a growth rate of 3.73% from 2023 to 2024, with a compound annual growth rate (CAGR) of -0.22% from 2020 to 2024. This slight uptick in import momentum from 2023 to 2024 could be attributed to a potential demand shift towards higher-quality or specialized resin products, indicating a possible market recovery or changing industry preferences.
In a country with diverse industrial landscapes, corrosion-resistant resins have become indispensable. These materials provide a protective barrier against chemical degradation, ensuring the longevity of infrastructure, pipelines, and equipment in industries ranging from petrochemicals to marine.
The corrosion-resistant resin market in Indonesia is growing due to several key drivers. The oil and gas industry is a significant contributor, as corrosion-resistant resins are used in various equipment and components for the protection of pipelines, storage tanks, and offshore structures. The expansion of the oil and gas sector and the demand for durable materials in harsh environments drive the growth of this market. Additionally, the chemical processing industry relies on corrosion-resistant resins for the construction of chemical storage tanks, pipes, and equipment that can withstand the corrosive nature of chemicals. The growth of the chemical processing sector and the need for safe and durable materials contribute to market expansion. Moreover, the water and wastewater treatment sector uses corrosion-resistant resins for the construction of water treatment facilities, where the materials need to withstand the corrosive effects of wastewater and chemicals.
One of the key challenges in the corrosion-resistant resin market is creating materials that can effectively protect infrastructure and equipment in harsh industrial environments. These resins must resist chemical corrosion and maintain long-term durability. Meeting these criteria while also ensuring environmental sustainability poses a substantial challenge for manufacturers.
The corrosion-resistant resin market in Indonesia saw a mixed impact due to COVID-19. While industries like chemicals and oil & gas continued to require these materials, the slowdown in construction projects and maintenance activities impacted the overall demand for corrosion-resistant resins.
Leading companies in the corrosion-resistant resin market include Ashland Global Holdings Inc., DuPont de Nemours, Inc., and AOC, LLC. They offer advanced resin materials designed to withstand harsh chemical environments.
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 Corrosion Resistant Resin Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Corrosion Resistant Resin Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Corrosion Resistant Resin Market - Industry Life Cycle |
3.4 Indonesia Corrosion Resistant Resin Market - Porter's Five Forces |
3.5 Indonesia Corrosion Resistant Resin Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Indonesia Corrosion Resistant Resin Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Indonesia Corrosion Resistant Resin Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Indonesia Corrosion Resistant Resin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing industrialization and infrastructure development in Indonesia leading to increased demand for corrosion resistant resin. |
4.2.2 Stringent environmental regulations in Indonesia pushing industries to adopt corrosion resistant materials. |
4.2.3 Rising awareness about the benefits of using corrosion resistant resin in prolonging the lifespan of equipment and structures. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of corrosion resistant resin. |
4.3.2 Limited technological advancements in the production of corrosion resistant resin hindering market growth. |
4.3.3 Lack of skilled labor for the application and maintenance of corrosion resistant resin coatings. |
5 Indonesia Corrosion Resistant Resin Market Trends |
6 Indonesia Corrosion Resistant Resin Market, By Types |
6.1 Indonesia Corrosion Resistant Resin Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Corrosion Resistant Resin Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Indonesia Corrosion Resistant Resin Market Revenues & Volume, By Epoxy, 2021-2031F |
6.1.4 Indonesia Corrosion Resistant Resin Market Revenues & Volume, By Polyester, 2021-2031F |
6.2 Indonesia Corrosion Resistant Resin Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Corrosion Resistant Resin Market Revenues & Volume, By Coatings, 2021-2031F |
6.2.3 Indonesia Corrosion Resistant Resin Market Revenues & Volume, By Composites, 2021-2031F |
6.3 Indonesia Corrosion Resistant Resin Market, By End Use Industry |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Corrosion Resistant Resin Market Revenues & Volume, By Oil & gas, 2021-2031F |
6.3.3 Indonesia Corrosion Resistant Resin Market Revenues & Volume, By Heavy industries, 2021-2031F |
6.3.4 Indonesia Corrosion Resistant Resin Market Revenues & Volume, By Automotive & transportation, 2021-2031F |
7 Indonesia Corrosion Resistant Resin Market Import-Export Trade Statistics |
7.1 Indonesia Corrosion Resistant Resin Market Export to Major Countries |
7.2 Indonesia Corrosion Resistant Resin Market Imports from Major Countries |
8 Indonesia Corrosion Resistant Resin Market Key Performance Indicators |
8.1 Adoption rate of corrosion resistant resin in key industries. |
8.2 Number of infrastructure projects using corrosion resistant resin coatings. |
8.3 Efficiency of corrosion protection provided by different types of corrosion resistant resin coatings. |
8.4 Rate of compliance with environmental regulations in the usage of corrosion resistant resin. |
8.5 Investment in research and development for enhancing the properties of corrosion resistant resin. |
9 Indonesia Corrosion Resistant Resin Market - Opportunity Assessment |
9.1 Indonesia Corrosion Resistant Resin Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Indonesia Corrosion Resistant Resin Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Indonesia Corrosion Resistant Resin Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Indonesia Corrosion Resistant Resin Market - Competitive Landscape |
10.1 Indonesia Corrosion Resistant Resin Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Corrosion Resistant Resin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |