Product Code: ETC172427 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Indonesia Rubber Market is poised for steady growth rate improvements from 2025 to 2029. From 10.13% in 2025, the growth rate steadily ascends to 12.65% in 2029.
Indonesia's Rubber market is anticipated to experience a high growth rate of 11.49% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The Indonesia rubber industry is one of the country`s most important economic sectors. The production, exports and consumption of natural rubber in Indonesia contribute significantly to the nation?s gross domestic product (GDP). Over the last decade, due to increasing global demand for high-quality rubber products such as tires and other automotive components, natural rubber has become a major export commodity for Indonesia.
In recent years, Indonesia has emerged as a significant player in the international rubber market with increased production levels that have enabled it to become one of the world?s largest producers and exporters of natural rubber.
A number of factors are driving growth within this sector including an increase in demand both domestically and internationally; advances in technology which have allowed for more efficient processing techniques; government policies that support domestic producers through subsidies; rising per capita income levels which allow consumers greater purchasing power; strong foreign direct investment flows into related industries as well as improved infrastructure resulting in improved access to markets both locally and abroad.
The pandemic has had a major impact on the Indonesia rubber market. The export of natural rubber and its derivatives suffered due to the closure of many ports in Southeast Asia, including Indonesia. This led to a drop in demand for these products from overseas buyers, resulting in reduced revenue for local producers. Additionally, domestic consumption also decreased significantly as industries such as automotive and construction, which are major consumers of rubber products, were affected by the virus.
The main challenges facing the Indonesia rubber industry is an oversupply of raw materials caused by low international prices that make it difficult for local manufacturers to remain competitive against global competitors. Furthermore, rising costs associated with production have limited investment into new technology and innovation within the sector. Finally, there is still much uncertainty surrounding trade regulations between countries during COVID-19 which could further disrupt supply chains and increase volatility in prices even more.
Some key players operating within this market include PT Goodyear Indonesia Tbk., Bridgestone Corporation (Indonesia), Continental AG (Indonesia), Gajah Tunggal Tbk., Sumitomo Rubber Industries Ltd., Pirelli Tyre S.p.A.(Indonesia) etc.. These companies specialize in manufacturing tires along with other related products like conveyor belts & hoses utilizing natural & synthetic rubbers sourced from both national & international suppliers across various parts of Asia Pacific region.
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 Rubber Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Rubber Market Revenues & Volume, 2020 & 2030F |
3.3 Indonesia Rubber Market - Industry Life Cycle |
3.4 Indonesia Rubber Market - Porter's Five Forces |
3.5 Indonesia Rubber Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 Indonesia Rubber Market Revenues & Volume Share, By Application, 2020 & 2030F |
4 Indonesia Rubber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Rubber Market Trends |
6 Indonesia Rubber Market, By Types |
6.1 Indonesia Rubber Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Rubber Market Revenues & Volume, By Type, 2020-2030F |
6.1.3 Indonesia Rubber Market Revenues & Volume, By Natural, 2020-2030F |
6.1.4 Indonesia Rubber Market Revenues & Volume, By Synthetic, 2020-2030F |
6.2 Indonesia Rubber Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Rubber Market Revenues & Volume, By Tire, 2020-2030F |
6.2.3 Indonesia Rubber Market Revenues & Volume, By Non-Tire Automotive, 2020-2030F |
6.2.4 Indonesia Rubber Market Revenues & Volume, By Footwear, 2020-2030F |
6.2.5 Indonesia Rubber Market Revenues & Volume, By Industrial Goods, 2020-2030F |
6.2.6 Indonesia Rubber Market Revenues & Volume, By Others, 2020-2030F |
7 Indonesia Rubber Market Import-Export Trade Statistics |
7.1 Indonesia Rubber Market Export to Major Countries |
7.2 Indonesia Rubber Market Imports from Major Countries |
8 Indonesia Rubber Market Key Performance Indicators |
9 Indonesia Rubber Market - Opportunity Assessment |
9.1 Indonesia Rubber Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Indonesia Rubber Market Opportunity Assessment, By Application, 2020 & 2030F |
10 Indonesia Rubber Market - Competitive Landscape |
10.1 Indonesia Rubber Market Revenue Share, By Companies, 2023 |
10.2 Indonesia Rubber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |