| Product Code: ETC4500809 | 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 2024, Indonesia`s import trend for high-performance composites experienced a -12.59% decline from the previous year, with a 3.35% compound annual growth rate from 2020 to 2024. This decline could be attributed to shifts in demand, possibly influenced by changing market dynamics or trade policies impacting imports in the sector.
High-performance composites are witnessing increased adoption in Indonesia across industries that require exceptional strength, durability, and resistance to environmental factors. These composites find application in sports equipment, automotive parts, and defense technology, offering a broad range of opportunities for market expansion.
The Indonesia high-performance composites market is witnessing significant growth driven by the aerospace, automotive, and sports equipment industries. High-performance composites, known for their exceptional strength, durability, and lightweight properties, are favored for their ability to enhance product performance. The aerospace sector`s need for fuel-efficient and durable materials has led to the increasing use of high-performance composites in aircraft components. The automotive industry is adopting these composites for lightweight parts to improve fuel efficiency. As Indonesia seeks to compete on a global scale and meet stringent industry requirements, the high-performance composites market is poised for further expansion.
Challenges in the Indonesia high-performance composites market include the development of materials that can withstand extreme conditions and high stress loads. Maintaining high standards for consistency, quality, and performance is essential, which can be demanding in the Indonesian manufacturing landscape.
The high-performance composites market in Indonesia felt the pandemic`s effects, particularly in aerospace and automotive sectors. The disruption in manufacturing and demand fluctuations influenced the market. Nevertheless, as industries prioritize high-strength, lightweight materials, there`s potential for recovery and growth in the high-performance composites market as economic conditions improve.
PT Paloma Quantum Composite, PT Krakatau Posco, and PT Citra Cendekia Indonesia are significant players in the high-performance composites market in Indonesia. They are involved in the development and supply of high-performance composite materials for aerospace, defense, and industrial 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 High Performance Composites Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia High Performance Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia High Performance Composites Market - Industry Life Cycle |
3.4 Indonesia High Performance Composites Market - Porter's Five Forces |
3.5 Indonesia High Performance Composites Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Indonesia High Performance Composites Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.7 Indonesia High Performance Composites Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Indonesia High Performance Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the aerospace industry driving demand for high performance composites |
4.2.2 Increasing focus on lightweight and fuel-efficient vehicles in the automotive sector |
4.2.3 Rising investments in infrastructure projects leading to higher demand for high performance composites |
4.3 Market Restraints |
4.3.1 High initial costs associated with high performance composites |
4.3.2 Limited awareness and understanding of the benefits of high performance composites |
4.3.3 Availability of alternative materials impacting market penetration |
5 Indonesia High Performance Composites Market Trends |
6 Indonesia High Performance Composites Market, By Types |
6.1 Indonesia High Performance Composites Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia High Performance Composites Market Revenues & Volume, By Resin Type, 2021-2031F |
6.1.3 Indonesia High Performance Composites Market Revenues & Volume, By Thermoset, 2021-2031F |
6.1.4 Indonesia High Performance Composites Market Revenues & Volume, By Thermoplastic, 2021-2031F |
6.2 Indonesia High Performance Composites Market, By Fiber Type |
6.2.1 Overview and Analysis |
6.2.2 Indonesia High Performance Composites Market Revenues & Volume, By Carbon Fiber, 2021-2031F |
6.2.3 Indonesia High Performance Composites Market Revenues & Volume, By S-Glass, 2021-2031F |
6.2.4 Indonesia High Performance Composites Market Revenues & Volume, By Aramid Fiber, 2021-2031F |
6.3 Indonesia High Performance Composites Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Indonesia High Performance Composites Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.3.3 Indonesia High Performance Composites Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.4 Indonesia High Performance Composites Market Revenues & Volume, By Pressure Vessel, 2021-2031F |
6.3.5 Indonesia High Performance Composites Market Revenues & Volume, By Wind Turbine, 2021-2031F |
6.3.6 Indonesia High Performance Composites Market Revenues & Volume, By Medical, 2021-2031F |
7 Indonesia High Performance Composites Market Import-Export Trade Statistics |
7.1 Indonesia High Performance Composites Market Export to Major Countries |
7.2 Indonesia High Performance Composites Market Imports from Major Countries |
8 Indonesia High Performance Composites Market Key Performance Indicators |
8.1 Percentage increase in the number of partnerships or collaborations within the high performance composites industry |
8.2 Adoption rate of high performance composites in new industries or applications |
8.3 Number of research and development initiatives focused on enhancing the properties of high performance composites |
9 Indonesia High Performance Composites Market - Opportunity Assessment |
9.1 Indonesia High Performance Composites Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Indonesia High Performance Composites Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.3 Indonesia High Performance Composites Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Indonesia High Performance Composites Market - Competitive Landscape |
10.1 Indonesia High Performance Composites Market Revenue Share, By Companies, 2024 |
10.2 Indonesia High Performance Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |