| Product Code: ETC4490609 | 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 styrenics market, the import trend showed a growth rate of 10.78% from 2023 to 2024, while the compound annual growth rate (CAGR) for 2020-2024 was -6.62%. This decline in CAGR could be attributed to shifts in demand dynamics or evolving trade policies impacting market stability.
Styrenics are a class of polymers used in the production of a wide range of consumer and industrial goods. Indonesia`s plastics and packaging industries rely heavily on styrenics for the manufacture of various products. The market is driven by the country`s expanding consumer base and the demand for affordable, lightweight, and durable materials. The versatility of styrenics positions Indonesia as a significant player in the regional plastics market.
The Indonesia Styrenics market is growing due to the versatile use of styrene-based polymers in packaging, automotive, and construction. The construction of infrastructure and urban development is increasing the demand for these materials. Their lightweight, durability, and cost-effectiveness make them essential in various applications.
The Indonesia Styrenics market grapples with challenges related to environmental sustainability. Styrenics, being a type of plastic, are under scrutiny due to their environmental impact. Finding sustainable alternatives or implementing recycling initiatives are pressing challenges in this market.
The COVID-19 pandemic had a mixed impact on the Indonesia styrenics market. While some segments, such as packaging materials, experienced increased demand due to the rise in e-commerce, other areas like automotive and consumer goods faced slowdowns. The market adapted to changing consumer preferences, including the demand for sustainable and recyclable materials. Post-pandemic, the market is expected to continue evolving to meet these new requirements.
Styrenics are used in the production of various plastic and rubber materials. Key players in this market in Indonesia include PT Lotte Chemical Titan and PT Petrokimia Butadiene 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 Styrenics Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Styrenics Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Styrenics Market - Industry Life Cycle |
3.4 Indonesia Styrenics Market - Porter's Five Forces |
3.5 Indonesia Styrenics Market Revenues & Volume Share, By Polymer Types, 2021 & 2031F |
4 Indonesia Styrenics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand from end-use industries such as packaging, automotive, and construction |
4.2.2 Increasing investments in infrastructure projects in Indonesia |
4.2.3 Favorable government policies and regulations supporting the styrenics market growth |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices |
4.3.2 Environmental concerns and regulations related to styrenics production and disposal |
4.3.3 Intense competition from substitute materials like polypropylene and polyethylene |
5 Indonesia Styrenics Market Trends |
6 Indonesia Styrenics Market, By Types |
6.1 Indonesia Styrenics Market, By Polymer Types |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Styrenics Market Revenues & Volume, By Polymer Types, 2021-2031F |
6.1.3 Indonesia Styrenics Market Revenues & Volume, By Polystyrene (PS), 2021-2031F |
6.1.4 Indonesia Styrenics Market Revenues & Volume, By Expanded Polystyrene (EPS), 2021-2031F |
6.1.5 Indonesia Styrenics Market Revenues & Volume, By Acrylonitrile Butadiene Styrene (ABS), 2021-2031F |
6.1.6 Indonesia Styrenics Market Revenues & Volume, By Styrene Butadiene Rubber (SBR), 2021-2031F |
6.1.7 Indonesia Styrenics Market Revenues & Volume, By Unsaturated Polyester Resin (UPR), 2021-2031F |
6.1.8 Indonesia Styrenics Market Revenues & Volume, By Other Polymers, 2021-2031F |
7 Indonesia Styrenics Market Import-Export Trade Statistics |
7.1 Indonesia Styrenics Market Export to Major Countries |
7.2 Indonesia Styrenics Market Imports from Major Countries |
8 Indonesia Styrenics Market Key Performance Indicators |
8.1 Capacity utilization rates of styrenics production facilities in Indonesia |
8.2 Average selling price of styrenics products in the market |
8.3 Number of new product developments or innovations in the styrenics sector |
8.4 Rate of adoption of styrenics recycling initiatives in the market |
8.5 Percentage of styrenics products meeting regulatory compliance standards |
9 Indonesia Styrenics Market - Opportunity Assessment |
9.1 Indonesia Styrenics Market Opportunity Assessment, By Polymer Types, 2021 & 2031F |
10 Indonesia Styrenics Market - Competitive Landscape |
10.1 Indonesia Styrenics Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Styrenics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |