Product Code: ETC194740 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The Indonesia Ammonia Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 8.29% in 2025 and reaches 11.61% by 2029.
Indonesia's Ammonia market is anticipated to experience a growing growth rate of 9.72% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
Indonesia is the world?s fifth largest ammonia producer and one of the key exporters in Southeast Asia. The country holds significant reserves of oil, natural gas, coal and other minerals which are used as feedstock for production of ammonia. As per Indonesia Ammonia Marketby6wresearch, the market size reached US$ 1.6 Billion in 2018. It is further expected to grow at a CAGR of 4.1%driven by rising demand from various industries such as fertilizer, food processing and pharmaceuticals.
The Indonesia government has launched several initiatives including tax incentives for investments in energy efficient technologies which have enabled heightened production capacities in recent years. This has resulted in increased availability of ammonia across the country leading to its growing demand among major end users like fertilizer producers who utilize it for producing ammonium nitrate and urea based fertilizers. Furthermore, increasing awareness about environmental pollution coupled with stringent regulations imposed by authorities is further driving up uptake levels amongst industrial consumers which will play a pivotal role in shaping future growth prospects over the coming years.
Growing agricultural activities along with increasing population has created a huge demand for fertilizers across Indonesia resulting into higher uptake levels amongst farmers as well as commercial buyers alike especially urea based products that require large amounts of ammonia for their production process thereby propelling overall market growth on an upward trajectory over time period under consideration herewith mentioned hereinbefore. Additionally , burgeoning manufacturing activities pertaining to food processing industry also remains another key factor driving adoption rates situated thereinundermentioned hereinwithin this regard aforesaid aforenoted.
The impact of COVID-19 on the Indonesia ammonia market has been significant, leading to reduced production and sales due to restrictions in movement and supply chain networks. This has led to a decrease in demand for ammonia from key industries such as fertilizers, plastics, textiles, food processing among others. The government imposed lockdown measures have resulted in decreased economic activities with major fertilizer plants halting their operations while some are operating at lower capacity levels.
High energy costs remain one of the main challenges that continue to affect Indonesia ammonia market adversely impacting prices over time. Additionally, there is also an overcapacity issue which is likely to persist even after the effects of COVID-19 subside because new investments were made before the pandemic hit resulting in excess capacity being available now compared with actual demand figures.Finally, increasing environmental regulations governing emissions have impacted production costs significantly creating additional pressures on profits margins for manufacturers who feel compelled by law to adhere strictly towards these guidelines reducing overall profitability substantially.
Some key players operating within the Indonesia ammonia market are PT Pupuk Kujang (PK), PT Pupuk Iskandar Muda (PIM), PT Bimasakti Nusantara Pratama (BNP), Eurochem Antwerpen NV (EA) and PT Kaltim Nitrate Indonesia (KNI). These firms are focused on expanding their capacities by investing heavily into R&D initiatives related with cost optimization technologies which could help them gain an edge against competitors through offering competitively priced products within this region?s ammonia market landscape.
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 Ammonia Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Ammonia Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Ammonia Market - Industry Life Cycle |
3.4 Indonesia Ammonia Market - Porter's Five Forces |
3.5 Indonesia Ammonia Market Revenues & Volume Share, By By Type, 2021 & 2031F |
3.6 Indonesia Ammonia Market Revenues & Volume Share, By By End-user Industry, 2021 & 2031F |
4 Indonesia Ammonia Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Ammonia Market Trends |
6 Indonesia Ammonia Market, By Types |
6.1 Indonesia Ammonia Market, By By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Ammonia Market Revenues & Volume, By By Type, 2021-2031F |
6.1.3 Indonesia Ammonia Market Revenues & Volume, By Liquid, 2021-2031F |
6.1.4 Indonesia Ammonia Market Revenues & Volume, By Gas, 2021-2031F |
6.2 Indonesia Ammonia Market, By By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Ammonia Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.3 Indonesia Ammonia Market Revenues & Volume, By Textiles, 2021-2031F |
6.2.4 Indonesia Ammonia Market Revenues & Volume, By Mining, 2021-2031F |
6.2.5 Indonesia Ammonia Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.6 Indonesia Ammonia Market Revenues & Volume, By Refrigeration, 2021-2031F |
6.2.7 Indonesia Ammonia Market Revenues & Volume, By Others, 2021-2031F |
7 Indonesia Ammonia Market Import-Export Trade Statistics |
7.1 Indonesia Ammonia Market Export to Major Countries |
7.2 Indonesia Ammonia Market Imports from Major Countries |
8 Indonesia Ammonia Market Key Performance Indicators |
9 Indonesia Ammonia Market - Opportunity Assessment |
9.1 Indonesia Ammonia Market Opportunity Assessment, By By Type, 2021 & 2031F |
9.2 Indonesia Ammonia Market Opportunity Assessment, By By End-user Industry, 2021 & 2031F |
10 Indonesia Ammonia Market - Competitive Landscape |
10.1 Indonesia Ammonia Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Ammonia Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |