| Product Code: ETC4479029 | 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 tire material market, the import trend from 2023 to 2024 showed a notable growth rate of 13.79%. However, the compound annual growth rate (CAGR) for the period 2020-2024 was -1.98%. This decline in CAGR could be attributed to factors like shifts in demand patterns or changes in trade policies impacting market stability.
The tire material market is a pivotal component of Indonesia`s automotive industry. As the nation`s vehicle manufacturing and sales grow, the demand for tire materials, including rubber and reinforcement fabrics, is set to rise correspondingly.
The Indonesia tire material market is experiencing robust growth due to several factors. Firstly, the increasing automotive industry in the country is a major driver. The growing middle-class population`s demand for automobiles has resulted in a higher demand for tires, consequently boosting the tire material market. Additionally, government investments in infrastructure development are driving the demand for commercial vehicles, which further contributes to the growth of the tire material market.
The tire material market in Indonesia faces several challenges. Firstly, there is a need for consistent quality and performance in materials to meet international standards. Additionally, the industry grapples with fluctuations in raw material prices, which impact production costs. Ensuring a sustainable supply chain for natural rubber, a key component in tire production, poses another significant challenge. Balancing environmental concerns with the demand for durable and high-performing tire materials is a growing concern in the industry.
The tire material market in Indonesia experienced disruptions during the COVID-19 pandemic, primarily due to reduced automotive production and consumer spending. As the automotive industry gradually recovered and the country`s infrastructure development projects continued, the market started to show signs of resurgence.
The tire material market in Indonesia is a crucial component of the country`s automotive industry, which has been experiencing steady growth. Key players in this market include PT Multistrada Arah Sarana Tbk, which is a leading tire manufacturer in the region, and PT Gajah Tunggal Tbk, another prominent player in the tire industry. These companies produce a wide range of tire materials, including rubber compounds, synthetic fibers, and other additives, to cater to the demands of the domestic and international automotive markets.
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 Tire Material Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Tire Material Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Tire Material Market - Industry Life Cycle |
3.4 Indonesia Tire Material Market - Porter's Five Forces |
3.5 Indonesia Tire Material Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Indonesia Tire Material Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Indonesia Tire Material Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing automotive industry in Indonesia driving the demand for tires and tire materials. |
4.2.2 Increasing government investments in infrastructure projects leading to higher demand for tires and tire materials. |
4.2.3 Rising consumer awareness about the importance of tire quality and safety driving the market for high-quality tire materials. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of tire materials. |
4.3.2 Intense competition among tire material manufacturers leading to pricing pressures. |
4.3.3 Environmental concerns pushing for sustainable and eco-friendly tire materials, which can be costly to develop and produce. |
5 Indonesia Tire Material Market Trends |
6 Indonesia Tire Material Market, By Types |
6.1 Indonesia Tire Material Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Tire Material Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Indonesia Tire Material Market Revenues & Volume, By Elastomers, 2021-2031F |
6.1.4 Indonesia Tire Material Market Revenues & Volume, By Reinforcing Fillers, 2021-2031F |
6.1.5 Indonesia Tire Material Market Revenues & Volume, By Plasticizers, 2021-2031F |
6.1.6 Indonesia Tire Material Market Revenues & Volume, By Chemicals, 2021-2031F |
6.1.7 Indonesia Tire Material Market Revenues & Volume, By Metal Reinforcements, 2021-2031F |
6.1.8 Indonesia Tire Material Market Revenues & Volume, By Textile Reinforcements, 2021-2031F |
6.2 Indonesia Tire Material Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Tire Material Market Revenues & Volume, By Passenger Cars, 2021-2031F |
6.2.3 Indonesia Tire Material Market Revenues & Volume, By Trucks, 2021-2031F |
6.2.4 Indonesia Tire Material Market Revenues & Volume, By Buses, 2021-2031F |
6.2.5 Indonesia Tire Material Market Revenues & Volume, By LCV, 2021-2031F |
7 Indonesia Tire Material Market Import-Export Trade Statistics |
7.1 Indonesia Tire Material Market Export to Major Countries |
7.2 Indonesia Tire Material Market Imports from Major Countries |
8 Indonesia Tire Material Market Key Performance Indicators |
8.1 RD investment in new tire material technologies. |
8.2 Adoption rate of eco-friendly tire materials in the market. |
8.3 Percentage of tire manufacturers using premium quality tire materials. |
8.4 Compliance with industry regulations and standards for tire materials. |
8.5 Rate of growth in demand for specialized tire materials (e.g., for electric vehicles). |
9 Indonesia Tire Material Market - Opportunity Assessment |
9.1 Indonesia Tire Material Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Indonesia Tire Material Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Indonesia Tire Material Market - Competitive Landscape |
10.1 Indonesia Tire Material Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Tire Material Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |