| Product Code: ETC4507469 | 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 electric vehicle (car) polymers market, import trends showed a notable growth rate of 22.08% from 2023 to 2024, contrasting with a compound annual growth rate (CAGR) of -4.69% from 2020 to 2024. This shift in momentum can be attributed to evolving consumer preferences towards eco-friendly vehicles and supportive government policies promoting sustainable transportation solutions.
The electric vehicle (EV) car polymers market in Indonesia is witnessing substantial growth in tandem with the global transition towards sustainable mobility solutions. Polymers play a pivotal role in EV components, including battery enclosures, interiors, and exterior panels. The market`s expansion is fueled by the increasing adoption of electric vehicles, driven by environmental concerns and government initiatives promoting clean energy solutions. Additionally, the demand for lightweight and high-performance polymers in EV manufacturing is expected to be a significant driver of market growth.
The electric vehicle (EV) market in Indonesia is gaining momentum as the country aims to reduce its carbon footprint. Polymers are essential in EV manufacturing for lightweight components that improve energy efficiency. The government`s focus on promoting EV adoption through incentives and infrastructure development is a significant driver. Additionally, the rising environmental consciousness among consumers and the global trend towards electric mobility are compelling automakers to invest in EVs. This, in turn, is boosting the demand for car polymers in the Indonesian market.
A significant challenge in this market is developing polymers with high-temperature resistance and mechanical strength. Electric vehicle components are subjected to extreme conditions, requiring advanced materials that can withstand prolonged exposure to heat and stress.
The electric vehicle car polymers market saw mixed effects during the pandemic. While electric vehicle adoption continued, supply chain disruptions impacted the production of EV components. However, the commitment to sustainability and the transition to electric vehicles are likely to drive the market`s growth in the post-pandemic era.
The electric vehicle car polymers market in Indonesia is on the rise, driven by the global shift towards sustainable transportation. Notable players in this sector include PT. Petrokimia Butadiene Indonesia, PT Chandra Asri Petrochemical Tbk, and PT. Lotte Chemical Titan Tbk.
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 Electric Vehicle (Car) Polymers Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Electric Vehicle (Car) Polymers Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Electric Vehicle (Car) Polymers Market - Industry Life Cycle |
3.4 Indonesia Electric Vehicle (Car) Polymers Market - Porter's Five Forces |
3.5 Indonesia Electric Vehicle (Car) Polymers Market Revenues & Volume Share, By Polymers Market Type, 2021 & 2031F |
3.6 Indonesia Electric Vehicle (Car) Polymers Market Revenues & Volume Share, By Elastomers, 2021 & 2031F |
4 Indonesia Electric Vehicle (Car) Polymers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government initiatives and incentives to promote electric vehicles |
4.2.2 Increasing environmental awareness and focus on sustainability |
4.2.3 Technological advancements in polymer materials for electric vehicles |
4.3 Market Restraints |
4.3.1 High initial cost of electric vehicles compared to traditional vehicles |
4.3.2 Limited infrastructure for electric vehicle charging stations |
4.3.3 Lack of consumer awareness and acceptance of electric vehicles |
5 Indonesia Electric Vehicle (Car) Polymers Market Trends |
6 Indonesia Electric Vehicle (Car) Polymers Market, By Types |
6.1 Indonesia Electric Vehicle (Car) Polymers Market, By Polymers Market Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Electric Vehicle (Car) Polymers Market Revenues & Volume, By Polymers Market Type, 2021-2031F |
6.1.3 Indonesia Electric Vehicle (Car) Polymers Market Revenues & Volume, By Engineering Plastics, 2021-2031F |
6.1.4 Indonesia Electric Vehicle (Car) Polymers Market Revenues & Volume, By Elastomers, 2021-2031F |
6.2 Indonesia Electric Vehicle (Car) Polymers Market, By Elastomers |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Electric Vehicle (Car) Polymers Market Revenues & Volume, By Synthetic Rubber, 2021-2031F |
6.2.3 Indonesia Electric Vehicle (Car) Polymers Market Revenues & Volume, By Natural Rubber, 2021-2031F |
6.2.4 Indonesia Electric Vehicle (Car) Polymers Market Revenues & Volume, By Fluoroelastomer, 2021-2031F |
7 Indonesia Electric Vehicle (Car) Polymers Market Import-Export Trade Statistics |
7.1 Indonesia Electric Vehicle (Car) Polymers Market Export to Major Countries |
7.2 Indonesia Electric Vehicle (Car) Polymers Market Imports from Major Countries |
8 Indonesia Electric Vehicle (Car) Polymers Market Key Performance Indicators |
8.1 Adoption rate of electric vehicles in Indonesia |
8.2 Percentage of polymer materials used in electric vehicles compared to traditional vehicles |
8.3 Investment in research and development of polymer materials for electric vehicles |
9 Indonesia Electric Vehicle (Car) Polymers Market - Opportunity Assessment |
9.1 Indonesia Electric Vehicle (Car) Polymers Market Opportunity Assessment, By Polymers Market Type, 2021 & 2031F |
9.2 Indonesia Electric Vehicle (Car) Polymers Market Opportunity Assessment, By Elastomers, 2021 & 2031F |
10 Indonesia Electric Vehicle (Car) Polymers Market - Competitive Landscape |
10.1 Indonesia Electric Vehicle (Car) Polymers Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Electric Vehicle (Car) Polymers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |