Product Code: ETC193720 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
Boron Compounds are chemical compounds that contain boron. Boron is a non-metallic element found naturally on Earth in the form of various minerals, and it has a wide range of applications across industries, such as glass/ceramics, agriculture, building materials, etc. Indonesia is one of the largest producers and exporters of boron compounds in Asia Pacific region. The demand for boron compounds from domestic players like ceramic industry and others to meet their production requirements have been growing at steady rate over past few years.
Growing demand from ceramics Industry - The increasing number of construction activities undertaken by government & private entities across Indonesia has led to rising demand for ceramic products in the country over past few years; thereby increasing the need for using boron compounded which are used as raw material for producing ceramics tiles & other related items. Increasing use in Fertilizers ? Borates are often added to fertilizers so as to enhance crop quality & yield; this trend is expected to gain traction among local farmers due to its low cost compared with other fertilizers available in market leading towards higher consumption volumes within next couple of years.
Rapid Urbanization Rate ? This factor along with continuously escalating population density levels across major cities within Indonesia archipelago has resulted into increased construction activities taking place around nation leading towards greater usage rates being observed amongst different commodities including that off Borates based product going forward too thus creating potential business opportunities therein respectively. Government initiatives aimed at improving agricultural output - Various government schemes launched recently focusing on augmenting agricultural productivity across nation by providing subsidies on inputs (such as fertilisers containing borate compounds), agro extension services, technical assistance etc have further aided expansion prospects pertaining industrial segments associated with same namely Ceramic manufacturers who require such material components regularly or intermittently throughout their operations cycle time frame.
The outbreak of COVID-19 has severely impacted the global economy due to nationwide lockdowns imposed by countries across all continents. This has had a domino effect on several markets including that for Boron Compounds in Indonesia. Disruptions caused due to supply chain constraints have been one of the main factors responsible for stalling sales and production levels within this sector over 2025 and early 2025 as well. However, with gradual relaxation in restrictions owing to improved vaccination rates across these countries, it is expected that consumption levels will steadily recover from mid-2025 onwards resulting in increased revenue opportunities for stakeholders operating within this sector going ahead into 2022?2025 timeframe.
The cost of boron compounds is relatively high in Indonesia compared to other countries, which can be a challenge for businesses looking to purchase them.Lack of Innovation & Research: There is limited innovation and research into the use of boron compounds in Indonesia, which limits the development and implementation of new technologies that could benefit from their use. Regulations concerning the use and sale of boron compounds are still being developed in Indonesia, making it difficult for companies to operate within certain markets or adhere to specific standards when dealing with these materials.
some key players operating in this market include Honeywell International Inc., BASF SE., Chemtura Corporation., Quiborax SPA , Albemarle Corporation etc.. To sustain their competitive position among other participants amid changing business landscape owing COVID-19 outbreak many companies are focusing more towards research & development activities so as to develop innovative solutions at cost effective prices and strengthen their portfolio thereby sustaining their presence throughout Asia Pacific region.
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 Boron Compounds Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Boron Compounds Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Boron Compounds Market - Industry Life Cycle |
3.4 Indonesia Boron Compounds Market - Porter's Five Forces |
3.5 Indonesia Boron Compounds Market Revenues & Volume Share, By By Type, 2021 & 2031F |
3.6 Indonesia Boron Compounds Market Revenues & Volume Share, By By Application, 2021 & 2031F |
4 Indonesia Boron Compounds Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Boron Compounds Market Trends |
6 Indonesia Boron Compounds Market, By Types |
6.1 Indonesia Boron Compounds Market, By By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Boron Compounds Market Revenues & Volume, By By Type, 2021-2031F |
6.1.3 Indonesia Boron Compounds Market Revenues & Volume, By Borax, 2021-2031F |
6.1.4 Indonesia Boron Compounds Market Revenues & Volume, By Boric acid, 2021-2031F |
6.1.5 Indonesia Boron Compounds Market Revenues & Volume, By Boric oxide, 2021-2031F |
6.1.6 Indonesia Boron Compounds Market Revenues & Volume, By Sodium perborate, 2021-2031F |
6.2 Indonesia Boron Compounds Market, By By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Boron Compounds Market Revenues & Volume, By Borosilicate glass, 2021-2031F |
6.2.3 Indonesia Boron Compounds Market Revenues & Volume, By Fiberglass, 2021-2031F |
6.2.4 Indonesia Boron Compounds Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.5 Indonesia Boron Compounds Market Revenues & Volume, By Ceramics, 2021-2031F |
6.2.6 Indonesia Boron Compounds Market Revenues & Volume, By Detergents & Soaps, 2021-2031F |
6.2.7 Indonesia Boron Compounds Market Revenues & Volume, By Photography, 2021-2031F |
6.2.8 Indonesia Boron Compounds Market Revenues & Volume, By Cellulose insulation, 2021-2031F |
6.2.9 Indonesia Boron Compounds Market Revenues & Volume, By Cellulose insulation, 2021-2031F |
7 Indonesia Boron Compounds Market Import-Export Trade Statistics |
7.1 Indonesia Boron Compounds Market Export to Major Countries |
7.2 Indonesia Boron Compounds Market Imports from Major Countries |
8 Indonesia Boron Compounds Market Key Performance Indicators |
9 Indonesia Boron Compounds Market - Opportunity Assessment |
9.1 Indonesia Boron Compounds Market Opportunity Assessment, By By Type, 2021 & 2031F |
9.2 Indonesia Boron Compounds Market Opportunity Assessment, By By Application, 2021 & 2031F |
10 Indonesia Boron Compounds Market - Competitive Landscape |
10.1 Indonesia Boron Compounds Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Boron Compounds Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |