| Product Code: ETC4487849 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The solvents market in Indonesia encompasses a wide range of chemical compounds used across industries such as paints, coatings, adhesives, and pharmaceuticals. Environmental considerations and regulatory compliance are steering the market towards the development of eco-friendly solvent alternatives. The pharmaceutical and construction sectors are emerging as significant consumers of solvents.
The Indonesia solvents market has experienced consistent growth, driven by their wide-ranging applications across industries such as paints and coatings, pharmaceuticals, and chemicals. Solvents serve as indispensable components in various formulations, facilitating dissolution, dispersion, and extraction processes. The paints and coatings industry, in particular, has been a significant driver, as manufacturers seek solvents that meet environmental regulations while maintaining high performance.
Challenges in the solvents market may involve navigating environmental regulations and safety standards, addressing health concerns related to solvent exposure, and adapting to evolving industrial needs.
The solvents market faced challenges as various industries reduced production and operation during lockdowns. The decreased demand for solvents in segments such as automotive and construction led to a temporary setback. However, solvents found application in essential industries, like healthcare and pharmaceuticals, which partially mitigated the impact. As different sectors rebounded at different rates, the solvents market showed varying degrees of recovery.
Key players in the solvents market are PT Pertamina (Persero), PT AKR Corporindo Tbk, and PT Musim Mas.
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 Solvents Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Solvents Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Solvents Market - Industry Life Cycle |
3.4 Indonesia Solvents Market - Porter's Five Forces |
3.5 Indonesia Solvents Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Indonesia Solvents Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Indonesia Solvents Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrial activities in Indonesia leading to higher demand for solvents |
4.2.2 Growth in construction and automotive sectors driving the need for solvents |
4.2.3 Government initiatives promoting the use of eco-friendly solvents |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting production costs |
4.3.2 Stringent regulations on volatile organic compound (VOC) emissions affecting solvent formulations |
4.3.3 Competition from alternative products like bio-based solvents |
5 Indonesia Solvents Market Trends |
6 Indonesia Solvents Market, By Types |
6.1 Indonesia Solvents Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Solvents Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Indonesia Solvents Market Revenues & Volume, By Alcohols, 2021-2031F |
6.1.4 Indonesia Solvents Market Revenues & Volume, By Ketones, 2021-2031F |
6.1.5 Indonesia Solvents Market Revenues & Volume, By Esters, 2021-2031F |
6.1.6 Indonesia Solvents Market Revenues & Volume, By Glycol Ethers, 2021-2031F |
6.1.7 Indonesia Solvents Market Revenues & Volume, By Aromatic, 2021-2031F |
6.1.8 Indonesia Solvents Market Revenues & Volume, By Aliphatic, 2021-2031F |
6.2 Indonesia Solvents Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Solvents Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.2.3 Indonesia Solvents Market Revenues & Volume, By Polymer Manufacturing, 2021-2031F |
6.2.4 Indonesia Solvents Market Revenues & Volume, By Printing Inks, 2021-2031F |
7 Indonesia Solvents Market Import-Export Trade Statistics |
7.1 Indonesia Solvents Market Export to Major Countries |
7.2 Indonesia Solvents Market Imports from Major Countries |
8 Indonesia Solvents Market Key Performance Indicators |
8.1 Percentage of industrial growth in key sectors using solvents |
8.2 Adoption rate of eco-friendly solvents in the market |
8.3 Compliance rate with VOC emissions standards |
8.4 Research and development investment in solvent technology |
8.5 Number of new product launches in the solvent market |
9 Indonesia Solvents Market - Opportunity Assessment |
9.1 Indonesia Solvents Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Indonesia Solvents Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Indonesia Solvents Market - Competitive Landscape |
10.1 Indonesia Solvents Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Solvents Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |