| Product Code: ETC4516109 | 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 the Indonesia specialty polystyrene resin market, the import trend experienced a decline from 2023 to 2024, with a growth rate of -5.83%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at -15.68%. This downward trajectory could be attributed to shifting demand patterns or changes in trade policies affecting market stability.
The Indonesia Specialty Polystyrene Resin Market is a segment of the plastics industry that has gained attention due to its unique properties. Specialty polystyrene resins are used in various applications, including packaging, automotive, and consumer goods. These materials offer versatility, lightness, and cost-effectiveness. As Indonesia`s manufacturing sector expands and consumer preferences evolve, the demand for specialty polystyrene resins is expected to increase. This market presents opportunities for innovation and customization to meet the specific needs of different industries.
The Indonesia specialty polystyrene resin market is driven by the packaging, automotive, and construction industries. Specialty polystyrene resins are valued for their lightweight and versatile properties. In packaging, they are used for protective and insulating purposes, while in the automotive sector, they contribute to lightweight components and energy efficiency. Furthermore, the construction industry benefits from their insulating qualities and ease of use in various applications, including wall cladding and roofing.
Challenges for the specialty polystyrene resin market in Indonesia may include fluctuating raw material prices and the need to adapt to changing regulations and customer preferences.
The specialty polystyrene resin market in Indonesia was not immune to the effects of the COVID-19 pandemic. With disruptions in the supply chain and decreased industrial activities, the market faced challenges. The demand for specialty polystyrene resin in diverse applications, including packaging and electronics, fluctuated. Manufacturers adapted to the situation by exploring new product applications and optimizing their operations to address changing market needs. As the economy gradually recovered, the market for specialty polystyrene resin began to show signs of improvement.
Companies such as Total Petrochemicals, Styron, and Ineos Styrolution are significant players in the specialty polystyrene resin market in Indonesia.
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 Specialty Polystyrene Resin Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Specialty Polystyrene Resin Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Specialty Polystyrene Resin Market - Industry Life Cycle |
3.4 Indonesia Specialty Polystyrene Resin Market - Porter's Five Forces |
3.5 Indonesia Specialty Polystyrene Resin Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.6 Indonesia Specialty Polystyrene Resin Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Indonesia Specialty Polystyrene Resin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand from the packaging industry for specialty polystyrene resin |
4.2.2 Growth in the construction sector leading to higher demand for insulation materials |
4.2.3 Rising use of specialty polystyrene resin in consumer electronics and appliances |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Environmental concerns leading to a shift towards eco-friendly alternatives |
4.3.3 Intense competition from other materials like polyethylene and polypropylene |
5 Indonesia Specialty Polystyrene Resin Market Trends |
6 Indonesia Specialty Polystyrene Resin Market, By Types |
6.1 Indonesia Specialty Polystyrene Resin Market, By Function |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Specialty Polystyrene Resin Market Revenues & Volume, By Function, 2021-2031F |
6.1.3 Indonesia Specialty Polystyrene Resin Market Revenues & Volume, By Protection, 2021-2031F |
6.1.4 Indonesia Specialty Polystyrene Resin Market Revenues & Volume, By Insulation, 2021-2031F |
6.1.5 Indonesia Specialty Polystyrene Resin Market Revenues & Volume, By Cushioning & Others, 2021-2031F |
6.2 Indonesia Specialty Polystyrene Resin Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Specialty Polystyrene Resin Market Revenues & Volume, By Protective Packaging, 2021-2031F |
6.2.3 Indonesia Specialty Polystyrene Resin Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.4 Indonesia Specialty Polystyrene Resin Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.2.5 Indonesia Specialty Polystyrene Resin Market Revenues & Volume, By Electronics, 2021-2031F |
6.2.6 Indonesia Specialty Polystyrene Resin Market Revenues & Volume, By Healthcare, 2021-2031F |
7 Indonesia Specialty Polystyrene Resin Market Import-Export Trade Statistics |
7.1 Indonesia Specialty Polystyrene Resin Market Export to Major Countries |
7.2 Indonesia Specialty Polystyrene Resin Market Imports from Major Countries |
8 Indonesia Specialty Polystyrene Resin Market Key Performance Indicators |
8.1 Research and development investment in new product development |
8.2 Adoption rate of specialty polystyrene resin in new applications |
8.3 Capacity utilization rate of specialty polystyrene resin production facilities |
8.4 Number of partnerships and collaborations for market expansion |
8.5 Customer satisfaction and loyalty metrics |
9 Indonesia Specialty Polystyrene Resin Market - Opportunity Assessment |
9.1 Indonesia Specialty Polystyrene Resin Market Opportunity Assessment, By Function, 2021 & 2031F |
9.2 Indonesia Specialty Polystyrene Resin Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Indonesia Specialty Polystyrene Resin Market - Competitive Landscape |
10.1 Indonesia Specialty Polystyrene Resin Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Specialty Polystyrene Resin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |