Product Code: ETC190480 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
Indonesia Abrasives market currently, in 2023, has witnessed an HHI of 3261, Which has increased slightly as compared to the HHI of 2723 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Indonesia is the biggest producer and consumer of abrasives in Southeast Asia. The abrasives market in Indonesia has been growing steadily over the past few years, fueled by increasing demand from various industries such as automotive, shipbuilding, construction, and aerospace. In 2018-19, the total value of Indonesia exports of abrasive materials stood at US$ 626 million.
The rising trend towards automation has led to an increased adoption rate for advanced tools that require precision finishing using high quality abrasives in order to achieve better results faster and with greater efficiency. Innovative products are increasingly being developed which use new technologies such as diamond cutting tools which offer superior performance compared to traditional methods while also reducing cost significantly due to their increased lifespan. Additionally, manufacturers are focusing on expanding their product portfolio by introducing more eco-friendly options into the mix such as ceramic alumina or zirconium oxide wheels which have no carcinogenic components and reduce dust emission levels drastically during grinding operations.
Increasing industrialization coupled with rapid urbanization across Indonesia is driving up demand for construction activities which requires large volumes of sandpaper sheets, discs & flap wheels along with other types of bonded & coated Abrasives used extensively in building projects ranging from residential complexes to office spaces & retail outlets etc., thus generating strong revenue opportunities for suppliers operating within this space. Additionally , rising awareness regarding safety standards within manufacturing environments have resulted in stringent regulations requiring use higher quality non-loading materials leading players within this industry scope further increasing profitability margins.
Due to the pandemic outbreak , there was a significant decline initially observed across this sector primarily driven by disruption caused throughout supply chains globally followed by temporary shutdowns imposed upon certain entities responsible for production related activities resulting reduced output & diminished revenues reported amongst key players since mid March 20?20 onwards. However , amidst gradual reopening pertaining several manufacturing units later part year together w/ ongoing efforts made enhance operational efficiencies through digital transformation allowed enterprises remain afloat albeit facing shorter lead times along w/ increase prices related raw material procurement.
Despite its promising potential , challenges faced range from limited availability skilled labor force particularly technical personnel required carry out complex machining procedures coupled w/ dependence imported raw material sources make difficult produce high grade finished goods.
The leading players dominating Indonesia abrasive market are 3M Company (US), Saint-Gobain Abrasives (France), Robert Bosch GmbH (Germany), Tyrolit Schleifmittelwerke Swarovski K.G (Austria) and Georgia-Pacific LLC (US). These companies have a wide range of product offerings with different characteristics catering to different applications across sectors like automotive repair/maintenance industry, metalworking or DIY stores etc., providing them with an edge over competitors operating in this space.
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 Abrasives Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Abrasives Market Revenues & Volume, 2020 & 2030F |
3.3 Indonesia Abrasives Market - Industry Life Cycle |
3.4 Indonesia Abrasives Market - Porter's Five Forces |
3.5 Indonesia Abrasives Market Revenues & Volume Share, By By Product, 2020 & 2030F |
3.6 Indonesia Abrasives Market Revenues & Volume Share, By By Application, 2020 & 2030F |
4 Indonesia Abrasives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Abrasives Market Trends |
6 Indonesia Abrasives Market, By Types |
6.1 Indonesia Abrasives Market, By By Product |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Abrasives Market Revenues & Volume, By By Product, 2020-2030F |
6.1.3 Indonesia Abrasives Market Revenues & Volume, By Coated, 2020-2030F |
6.1.4 Indonesia Abrasives Market Revenues & Volume, By Bonded, 2020-2030F |
6.1.5 Indonesia Abrasives Market Revenues & Volume, By Others, 2020-2030F |
6.2 Indonesia Abrasives Market, By By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Abrasives Market Revenues & Volume, By Automotive & Transportation, 2020-2030F |
6.2.3 Indonesia Abrasives Market Revenues & Volume, By Heavy Machinery, 2020-2030F |
6.2.4 Indonesia Abrasives Market Revenues & Volume, By Metal Fabrication, 2020-2030F |
6.2.5 Indonesia Abrasives Market Revenues & Volume, By Electrical & Electronics Equipment, 2020-2030F |
6.2.6 Indonesia Abrasives Market Revenues & Volume, By Others, 2020-2030F |
7 Indonesia Abrasives Market Import-Export Trade Statistics |
7.1 Indonesia Abrasives Market Export to Major Countries |
7.2 Indonesia Abrasives Market Imports from Major Countries |
8 Indonesia Abrasives Market Key Performance Indicators |
9 Indonesia Abrasives Market - Opportunity Assessment |
9.1 Indonesia Abrasives Market Opportunity Assessment, By By Product, 2020 & 2030F |
9.2 Indonesia Abrasives Market Opportunity Assessment, By By Application, 2020 & 2030F |
10 Indonesia Abrasives Market - Competitive Landscape |
10.1 Indonesia Abrasives Market Revenue Share, By Companies, 2023 |
10.2 Indonesia Abrasives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |