Product Code: ETC109967 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Indonesia Bisphenol A Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 10.68% in 2025, growth builds up to 13.40% by 2029.
In the Asia region, the Bisphenol A market in Indonesia is projected to expand at a high growth rate of 12.06% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
Bisphenol A (BPA) is a synthetic chemical compound used in the production of polycarbonate plastics and epoxy resins. It is widely utilized in various consumer products, such as food containers, DVDs, toys, cell phones and medical devices. In Indonesia, BPA has been used extensively for decades due to its low cost and effectiveness in performing its intended task. The demand for BPA has grown steadily over the years as manufacturers seek out more efficient ways to produce their products without sacrificing performance or quality.
The Indonesia bisphenol-A market is expected to register a healthy growth during 2025-2031 driven by growing demand from several industries such as automotive & electronic goods industry, FMCG sector and others which are increasingly using BPA in their manufacturing processes. Additionally, increasing trend towards eco-friendly packaging materials among consumers is also likely to boost the industrial use of BPA which will further drive market growth over the forecast period. Moreover, technological advancements have led to improved properties of bisphenol A leading to increased acceptance across various industries including building & construction that will favorably impact market development prospects during 2025-2031 timeframe.
Growing adoption of plastic based consumer products owing increasing population base coupled with rising disposable incomes across developing countries like Indonesia are some key factors driving bisphenol A consumption across Asia Pacific region including Indonesia. Also, improving living standards along with changing lifestyle patterns have resulted into significant increase in demand for packaged foods , beverages , health supplements etc necessitating new forms of primary packaging solutions; all these trends are contributing towards growing utilization rates of BPA particularly within food grade applications leading towards greater proliferation of this product within local markets. Furthermore , presence of large pool of untapped opportunities associated with recycling/reusing existing stocks coupled with government regulations pertaining safe disposal and handling practices will fuel additional gains on sales front within Indonesia markets throughout 2025-2031 timeline.
The outbreak of the COVID-19 pandemic has had a significant impact on the Indonesia Bisphenol A market. The spread of the virus and subsequent lockdowns have led to a decline in demand from various industries, including automotive, consumer goods, construction and healthcare, resulting in decreased revenues for suppliers. Additionally, supply chain disruptions caused by travel restrictions and port closures have hindered production activities as well as imports and exports of products containing BPA. As such, revenue losses are expected across the value chain.
The main challenge facing the Indonesia Bisphenol A market is increasing environmental concerns about its potential health risks due to its endocrine disruption capabilities. This has led to several countries banning or restricting its use in certain products such as food containers and baby bottles which could negatively affect domestic demand going forward. In addition, there are also strict regulations regarding emissions standards that need to be adhered to when producing this chemical compound further complicating production operations for manufacturers within Indonesia borders. Furthermore price fluctuations often occur due to changes in raw material costs which can create additional difficulties for producers trying maintain consistent yields while keeping retail prices low enough so that their product remains competitively priced against those imported from overseas rivals who may not face these same cost pressures.
Some key players operating within Indonesia Bisphenol A market include PT Surya Indo Karya Chemindo (SIKA), PT Artha Graha Cemerlang (AGC) ,PT Lestari Wijaya Perkasa (LWP), PT Jakarta International Chemical Industries (JICI) and PT Panca Pratama Sukses Sentosa (PPSS). These companies specialize in producing bisphenol A based resins used primarily for plastic applications such as packaging materials with SIKA being one of the leading manufacturers within this field supplying both local consumers along with exporting overseas customers around Asia Pacific region.