Product Code: ETC087047 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Indonesia is one of the leading producers and exporters of antimony in the world. The country has been producing and exporting antimony since 2004, when it emerged as a major supplier to meet increasing global demand for this metal. Indonesia produces both primary antimony (tetrahedrite), which is mined from its ore deposits, and secondary antimony (stibnite or Sb2S3), which is produced by smelting spent refinery catalysts containing high levels of arsenic. Antimony production in Indonesia has grown exponentially over the years due to increased demand from both domestic and international markets.
The trend in Indonesia antimony production has been on an upward trajectory, with output rising steadily since 2004, driven mainly by growing demand from China ? a key consumer market for Indonesia-produced antimony. Production volumes have also been bolstered by a number of new mines being opened up within Indonesia borders during this period. In addition, technological advances such as improved extraction techniques have enabled more efficient recovery of higher grade ores at lower cost.
The main driver behind the growth in Indonesia production of antimony has been strong demand from Chinese buyers who are heavily reliant on imported supplies due to limited local resources available for exploitation within their own country territory. The rise of electronic products requiring materials that contain trace amounts of stibnite such as mobile phones; computers; batteries etc., have also contributed to increased global consumption thus helping drive further growth in exports out of Indonesia over recent years. Further contributing factors include favourable government policies towards mining operations; attractive tax incentives offered to foreign investors; availability FDI especially Chinese investment capital into mining projects across the archipelago nation; improving transport links between distant locations where ore reserves may be located along with other infrastructure developments taking place throughout the region all adding up to create an environment conducive towards continued expansion here going forward into future periods too if current trends persist then we should see this sector continue performing well right through 2025/21 season onwards irrespective any unforeseen circumstances arising suddenly affecting activity ebb & flow here accordingly elsewhere elsewhere across SE Asia perhaps beyond similarly.
Due to the outbreak of the COVID-19 pandemic, there has been a significant impact on the antimony market in Indonesia. The primary cause for this is due to disruptions in trading activities and supply chain operations caused by travel restrictions and lockdowns imposed by governments around the world. This has resulted in reduced demand for antimony from industrial sectors such as automotive, electronics, construction etc., leading to decreased prices and supplies of antimony ore in Indonesia.
The main challenges faced by key players are related to rising costs associated with obtaining raw materials, meeting product quality standards set forth by government regulations, dealing with competition from low cost countries like China that can offer cheaper materials and services, managing customer relationships during times of crisis like COVID-19 when shipments might be delayed or canceled altogether. Additionally these companies also face difficulty accessing foreign markets since many countries have introduced import/export restrictions or trade barriers which reduce their export potentials significantly.
Some major key players operating within the industry include PT Timah Tbk (Indonesia largest integrated tin mining company), PT Freeport Indonesia (a subsidiary of US based Freeport McMoRan Copper & Gold Inc.), PT Bumi Resources Tbk (one of the country major coal miners) as well as other small scale local producers such as CV Gunung Mas Inti Perdana and Panca Putra Prima Mandiri.
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 Antimony Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Antimony Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Antimony Market - Industry Life Cycle |
3.4 Indonesia Antimony Market - Porter's Five Forces |
3.5 Indonesia Antimony Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Indonesia Antimony Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Indonesia Antimony Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Antimony Market Trends |
6 Indonesia Antimony Market, By Types |
6.1 Indonesia Antimony Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Antimony Market Revenues & Volume, By Type, 2018 - 2031F |
6.1.3 Indonesia Antimony Market Revenues & Volume, By Metal Ingot, 2018 - 2031F |
6.1.4 Indonesia Antimony Market Revenues & Volume, By Antimony Trioxide, 2018 - 2031F |
6.1.5 Indonesia Antimony Market Revenues & Volume, By Antimony Pentoxide, 2018 - 2031F |
6.1.6 Indonesia Antimony Market Revenues & Volume, By Alloys, 2018 - 2031F |
6.1.7 Indonesia Antimony Market Revenues & Volume, By Other, 2018 - 2031F |
6.2 Indonesia Antimony Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Antimony Market Revenues & Volume, By Flame Retardant, 2018 - 2031F |
6.2.3 Indonesia Antimony Market Revenues & Volume, By Lead Acid Batteries, 2018 - 2031F |
6.2.4 Indonesia Antimony Market Revenues & Volume, By Alloy Strengthening Agent, 2018 - 2031F |
6.2.5 Indonesia Antimony Market Revenues & Volume, By Fiberglass Composites, 2018 - 2031F |
6.2.6 Indonesia Antimony Market Revenues & Volume, By Catalyst, 2018 - 2031F |
6.2.7 Indonesia Antimony Market Revenues & Volume, By Other, 2018 - 2031F |
7 Indonesia Antimony Market Import-Export Trade Statistics |
7.1 Indonesia Antimony Market Export to Major Countries |
7.2 Indonesia Antimony Market Imports from Major Countries |
8 Indonesia Antimony Market Key Performance Indicators |
9 Indonesia Antimony Market - Opportunity Assessment |
9.1 Indonesia Antimony Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Indonesia Antimony Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Indonesia Antimony Market - Competitive Landscape |
10.1 Indonesia Antimony Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Antimony Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |