| Product Code: ETC4498469 | 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 |
Indonesia`s import trend for LNG storage tanks in 2023-2024 experienced a notable decline of -81.98%, contrasting with the robust compound annual growth rate (CAGR) of 45.65% during 2020-2024. This sharp contraction in import momentum may be attributed to shifts in demand dynamics or fluctuations in the country`s energy policies impacting the market`s stability.
Indonesia`s LNG storage tank market has been growing to accommodate the nation`s increasing demand for clean energy sources. LNG is seen as an environmentally friendly alternative, and the market is evolving to provide safe and efficient storage solutions for the liquefied natural gas.
The Indonesia LNG storage tank market is expanding due to the country`s growing focus on natural gas as a clean energy source. A key driver for this market is Indonesia`s abundant natural gas reserves, which promote investments in liquefied natural gas infrastructure. LNG storage tanks are crucial components in the LNG supply chain, enabling safe storage and transportation of natural gas. As Indonesia seeks to diversify its energy mix and reduce carbon emissions, the LNG sector is set to play a pivotal role in the country`s energy landscape, driving the demand for storage solutions.
Challenges in the LNG storage tank market include strict safety and environmental regulations, the need for advanced technology to handle LNG safely, and addressing the high capital investment required for LNG storage infrastructure.
The LNG storage tank market in Indonesia faced challenges during the COVID-19 pandemic. As the global energy demand decreased, there were delays in LNG projects and a drop in investment. The market might have experienced slower growth due to economic uncertainties and restrictions on movement and trade.
Key players in the Indonesia LNG Storage Tank market may include companies like PT. Pupuk Kalimantan Timur, PT. Pupuk Indonesia, and PT. Pertamina (Persero).
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 LNG Storage Tank Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia LNG Storage Tank Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia LNG Storage Tank Market - Industry Life Cycle |
3.4 Indonesia LNG Storage Tank Market - Porter's Five Forces |
3.5 Indonesia LNG Storage Tank Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Indonesia LNG Storage Tank Market Revenues & Volume Share, By Material, 2021 & 2031F |
4 Indonesia LNG Storage Tank Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for natural gas as a cleaner fuel alternative |
4.2.2 Government initiatives to promote the use of LNG for energy generation |
4.2.3 Growing investment in LNG infrastructure in Indonesia |
4.3 Market Restraints |
4.3.1 High initial investment required for building LNG storage tanks |
4.3.2 Limited availability of skilled workforce for LNG projects in Indonesia |
4.3.3 Regulatory challenges and permitting delays for LNG infrastructure projects |
5 Indonesia LNG Storage Tank Market Trends |
6 Indonesia LNG Storage Tank Market, By Types |
6.1 Indonesia LNG Storage Tank Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia LNG Storage Tank Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Indonesia LNG Storage Tank Market Revenues & Volume, By Self-Supporting, 2021-2031F |
6.1.4 Indonesia LNG Storage Tank Market Revenues & Volume, By Non-Self-Supporting, 2021-2031F |
6.2 Indonesia LNG Storage Tank Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Indonesia LNG Storage Tank Market Revenues & Volume, By Steel, 2021-2031F |
6.2.3 Indonesia LNG Storage Tank Market Revenues & Volume, By 9% Nickel Steel, 2021-2031F |
6.2.4 Indonesia LNG Storage Tank Market Revenues & Volume, By Aluminum Alloy, 2021-2031F |
7 Indonesia LNG Storage Tank Market Import-Export Trade Statistics |
7.1 Indonesia LNG Storage Tank Market Export to Major Countries |
7.2 Indonesia LNG Storage Tank Market Imports from Major Countries |
8 Indonesia LNG Storage Tank Market Key Performance Indicators |
8.1 LNG consumption growth rate in Indonesia |
8.2 Number of new LNG infrastructure projects announced or initiated |
8.3 Investment inflow into the Indonesian LNG sector |
8.4 LNG storage capacity utilization rate |
8.5 Number of skilled workers trained for LNG projects |
9 Indonesia LNG Storage Tank Market - Opportunity Assessment |
9.1 Indonesia LNG Storage Tank Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Indonesia LNG Storage Tank Market Opportunity Assessment, By Material, 2021 & 2031F |
10 Indonesia LNG Storage Tank Market - Competitive Landscape |
10.1 Indonesia LNG Storage Tank Market Revenue Share, By Companies, 2024 |
10.2 Indonesia LNG Storage Tank Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |