| Product Code: ETC103787 | Publication Date: Jul 2023 | Updated Date: Feb 2026 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
In the Indonesia methyl isobutyl ketone market, import trends showed significant growth from 2023 to 2024, with a rate of 42.72%. The compound annual growth rate (CAGR) for imports from 2020 to 2024 stood at 4.08%. This uptrend can be attributed to a notable demand shift towards chemical products, indicating a strengthening market stability throughout the period.

The Methyl isobutyl ketone market in Indonesia is projected to grow at a high growth rate of 10.09% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.

Methyl isobutyl ketone (MIBK) is a colorless organic compound that is commonly used as a solvent in various industries, including paints and coatings, pharmaceuticals, rubber processing, and chemical manufacturing. Indonesia is one of the major markets for MIBK in the Asia-Pacific region. The demand for MIBK in Indonesia is primarily driven by its widespread use in the manufacturing sector.
The construction and automotive sectors in Indonesia have been witnessing significant growth, leading to an increased demand for paints and coatings. MIBK is extensively used as a solvent in the formulation of paints, making it a crucial component in this industry. The pharmaceutical sector in Indonesia has been expanding, driven by increasing healthcare needs and the government`s focus on improving healthcare infrastructure. MIBK finds application as a solvent in the production of pharmaceutical products, including drugs and formulations, further fueling its demand.
Indonesia industrial sector has been growing steadily, driven by infrastructure development, increasing foreign investments, and government initiatives to promote manufacturing activities. This growth has positively impacted the demand for MIBK as a solvent in various industries. The Indonesia government has implemented policies to attract foreign investments and promote industrial development. These policies, along with the government`s focus on infrastructure projects, have created a favorable business environment and contributed to the growth of the MIBK market.
The COVID-19 pandemic had a significant impact on the Indonesia MIBK market. The restrictions imposed to control the spread of the virus, including lockdowns and disruptions in supply chains, led to a decline in industrial activities and overall demand. However, as the country recovers from the pandemic and economic activities resume, the demand for MIBK is expected to rebound.
The Indonesia government has been implementing stricter environmental regulations to reduce the impact of industrial activities on the environment. This has led to the need for more sustainable and environmentally friendly solvents, posing a challenge to the MIBK market. MIBK is derived from acetone, and fluctuations in the prices of acetone and other raw materials can affect the production costs of MIBK. Volatile raw material prices pose a challenge to the market players in maintaining profitability.
PT. Petrokimia Butadiene Indonesia, PT. Eterindo Nusa Graha, PT. Reza Chemedika, PT. Budi Acid Jaya Tbk, PT. Sami Jaya, PT. Petrowidada, PT. Asahimas Chemical, PT. Duta Polykem Indo.
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 Methyl isobutyl ketone Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Methyl isobutyl ketone Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Methyl isobutyl ketone Market - Industry Life Cycle |
3.4 Indonesia Methyl isobutyl ketone Market - Porter's Five Forces |
3.5 Indonesia Methyl isobutyl ketone Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.6 Indonesia Methyl isobutyl ketone Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Indonesia Methyl isobutyl ketone Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction industry leading to increased demand for coatings and paints, which are key applications for methyl isobutyl ketone. |
4.2.2 Rising automotive production driving the demand for adhesives and sealants, where methyl isobutyl ketone is used as a solvent. |
4.2.3 Expansion of the electronics industry driving the demand for chemicals, including methyl isobutyl ketone used in the production of electronic components. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of methyl isobutyl ketone. |
4.3.2 Environmental regulations and concerns regarding the use of certain chemicals, potentially limiting the market growth. |
5 Indonesia Methyl isobutyl ketone Market Trends |
6 Indonesia Methyl isobutyl ketone Market, By Types |
6.1 Indonesia Methyl isobutyl ketone Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Methyl isobutyl ketone Market Revenues & Volume, By Applications, 2021-2031F |
6.1.3 Indonesia Methyl isobutyl ketone Market Revenues & Volume, By Solvents, 2021-2031F |
6.1.4 Indonesia Methyl isobutyl ketone Market Revenues & Volume, By Rubber Processing Chemicals, 2021-2031F |
6.1.5 Indonesia Methyl isobutyl ketone Market Revenues & Volume, By Surfactants, 2021-2031F |
6.1.6 Indonesia Methyl isobutyl ketone Market Revenues & Volume, By Denaturant, 2021-2031F |
6.1.7 Indonesia Methyl isobutyl ketone Market Revenues & Volume, By Other Applications, 2021-2031F |
6.2 Indonesia Methyl isobutyl ketone Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Methyl isobutyl ketone Market Revenues & Volume, By Paints and Coatings, 2021-2031F |
6.2.3 Indonesia Methyl isobutyl ketone Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.4 Indonesia Methyl isobutyl ketone Market Revenues & Volume, By Rubber, 2021-2031F |
6.2.5 Indonesia Methyl isobutyl ketone Market Revenues & Volume, By Other End-user Industries, 2021-2031F |
7 Indonesia Methyl isobutyl ketone Market Import-Export Trade Statistics |
7.1 Indonesia Methyl isobutyl ketone Market Export to Major Countries |
7.2 Indonesia Methyl isobutyl ketone Market Imports from Major Countries |
8 Indonesia Methyl isobutyl ketone Market Key Performance Indicators |
8.1 Average selling price of methyl isobutyl ketone in the Indonesian market. |
8.2 Growth rate of the construction industry in Indonesia. |
8.3 Adoption rate of eco-friendly alternatives to methyl isobutyl ketone in various industries. |
9 Indonesia Methyl isobutyl ketone Market - Opportunity Assessment |
9.1 Indonesia Methyl isobutyl ketone Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.2 Indonesia Methyl isobutyl ketone Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Indonesia Methyl isobutyl ketone Market - Competitive Landscape |
10.1 Indonesia Methyl isobutyl ketone Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Methyl isobutyl ketone Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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