Product Code: ETC354448 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Indonesia Glass Fiberãâà market currently, in 2023, has witnessed an HHI of 1570, Which has increased slightly as compared to the HHI of 1470 in 2017. The market is moving towards moderately competitive. 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.
The glass fiber market in Indonesia has experienced steady growth due to its wide range of applications, including construction, automotive, and aerospace industries. As the construction sector continues to thrive in Indonesia, the demand for glass fiber-reinforced materials for structural and insulation purposes is on the rise. Furthermore, the automotive industry`s increasing use of composites, including glass fiber, for lightweighting and improved fuel efficiency is boosting the market. However, environmental concerns and recycling challenges need to be addressed for sustainable growth in this sector.
The Indonesia Glass Fiber market is experiencing robust growth driven by several key factors. Firstly, the construction industry`s expansion, particularly in infrastructure and residential sectors, is creating a surge in demand for materials with superior strength and durability. Glass fiber, with its high tensile strength and resistance to corrosion, is being increasingly used in the construction of bridges, buildings, and other structures. Moreover, the automotive sector is witnessing a growing preference for lightweight materials to enhance fuel efficiency, and glass fiber composites are ideal for this purpose. Additionally, the renewable energy sector is utilizing glass fiber for wind turbine blades, further boosting market demand. The push for eco-friendly and sustainable materials is another driver, as glass fiber is recyclable and contributes to reducing carbon footprints.
Challenges in the glass fiber market include fluctuating raw material costs, energy-intensive production processes, and recycling concerns. The market must address environmental sustainability concerns and find ways to reduce energy consumption in production while maintaining quality.
The Glass Fiber market faced supply chain disruptions and reduced demand during the COVID-19 pandemic. Industries such as automotive and aerospace, which are major consumers of glass fiber, experienced setbacks. However, the market rebounded as these industries adapted to new norms, including the need for lightweight and durable materials like glass fiber.
Indonesia`s glass fiber market has been expanding with applications in various industries. Leading manufacturers like PT. Indovetro Prima, Tbk and PT. Supra Surya Niaga are playing a significant role in this sector`s development.
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 Glass Fiber Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Glass Fiber Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Glass Fiber Market - Industry Life Cycle |
3.4 Indonesia Glass Fiber Market - Porter's Five Forces |
3.5 Indonesia Glass Fiber Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Indonesia Glass Fiber Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Indonesia Glass Fiber Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Indonesia Glass Fiber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Glass Fiber Market Trends |
6 Indonesia Glass Fiber Market, By Types |
6.1 Indonesia Glass Fiber Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Glass Fiber Market Revenues & Volume, By Resin Type, 2021-2031F |
6.1.3 Indonesia Glass Fiber Market Revenues & Volume, By Chopped Strands, 2021-2031F |
6.1.4 Indonesia Glass Fiber Market Revenues & Volume, By Glass Wool, 2021-2031F |
6.1.5 Indonesia Glass Fiber Market Revenues & Volume, By Roving, 2021-2031F |
6.1.6 Indonesia Glass Fiber Market Revenues & Volume, By Yarn, 2021-2031F |
6.2 Indonesia Glass Fiber Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Glass Fiber Market Revenues & Volume, By Composites, 2021-2031F |
6.2.3 Indonesia Glass Fiber Market Revenues & Volume, By Insulation, 2021-2031F |
6.3 Indonesia Glass Fiber Market, By End-user Industry |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Glass Fiber Market Revenues & Volume, By Buildings and Construction, 2021-2031F |
6.3.3 Indonesia Glass Fiber Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.4 Indonesia Glass Fiber Market Revenues & Volume, By Aerospace and Defense, 2021-2031F |
6.3.5 Indonesia Glass Fiber Market Revenues & Volume, By Alternative Energy, 2021-2031F |
6.3.6 Indonesia Glass Fiber Market Revenues & Volume, By Consumer Goods, 2021-2031F |
6.3.7 Indonesia Glass Fiber Market Revenues & Volume, By Industrial, 2021-2031F |
7 Indonesia Glass Fiber Market Import-Export Trade Statistics |
7.1 Indonesia Glass Fiber Market Export to Major Countries |
7.2 Indonesia Glass Fiber Market Imports from Major Countries |
8 Indonesia Glass Fiber Market Key Performance Indicators |
9 Indonesia Glass Fiber Market - Opportunity Assessment |
9.1 Indonesia Glass Fiber Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Indonesia Glass Fiber Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Indonesia Glass Fiber Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Indonesia Glass Fiber Market - Competitive Landscape |
10.1 Indonesia Glass Fiber Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Glass Fiber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |