Product Code: ETC088067 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Indonesia Caustic Potash market currently, in 2023, has witnessed an HHI of 2351, Which has decreased substantially as compared to the HHI of 5805 in 2017. The market is moving towards moderately competitive. 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 largest producer of caustic potash in Southeast Asia, accounting for around two-thirds of total regional production. The country produces large quantities of potassium hydroxide (KOH) and sodium hydroxide (NaOH). Caustic potash is used extensively in various industries such as papermaking, food processing, detergent & soaps manufacturing, pharmaceuticals, water treatment plants and others.
The demand for caustic potash has been growing steadily over recent years due to the increasing use of this chemical in a wide range of industries. The growth can be attributed to its versatile properties which makes it ideal for a variety of applications including bleaching agents, cleaning solvents and other industrial uses. Moreover, the rising popularity of green chemistry has prompted an increased usage of bio-based products that are made with natural ingredients such as caustic potash instead traditional chemicals derived from petroleum or synthetic sources. This trend will likely drive further growth in the industry going forward.
Growing demand from downstream industries like pulp & paper making and pharmaceuticals is one key factor driving the market for Indonesia caustic potash market. Additionally, Indonesia strong presence within ASEAN countries also raises their competitive advantage compared to other producers in Asia Pacific region given its strategic location along major shipping routes connecting eastern economies with western ones creating favorable export opportunities across markets leading to higher sales volumes being achieved by Indonesia companies producing caustic potashes.
Due to COVID-19 pandemic situation global trade activities have drastically decreased affecting negatively on overall economic activity globally causing decline on many sectors including agrochemical sector where most raw materials necessary for production process were imported from abroad yet since February 2020 border closures at high levels have led decrease imports thus resulting lower supply available hence drop off prices occurred during first quarter however despite weakened economy situation some fertilizer manufacturing companies still experienced increase profits level since they benefited from lower material costs while selling same amount final product. Thus consequences were not uniform across all segments but rather varied accordingly depending upon particular company?s business model. Hence future prospects remain unclear regarding impact COVID-19 could bring about onto industry especially whether recovering or further weakening likely occur amongst different subsectors over upcoming year.
Indonesia caustic potash market is facing several challenges, such as increasing competition from low-cost suppliers in China and India, a weak domestic demand due to economic slowdown, and rising raw material costs. Additionally, the country also faces an unfavorable import duty structure for caustic potash imports which has resulted in increased operating costs for local players.
The major key players operating in Indonesia caustic potash market are PT Pupuk Kalimantan Timur (PKT), Petrokimia Gresik (PGR), PT Indorama Ventures Polychem Tbk., Dharma Surya Wisesa Tbk., Eka Kimya Tekstil ve End?striyel Malzemeleri Sanayi Ve Ticaret A?., BHN Group holding company of Kertas Kraft Aceh Ispat Perdana Pvt Ltd,.and Propan Raya Chemicals Pte Ltd., among others.
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 Caustic potash Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Caustic potash Market Revenues & Volume, 2020 & 2027F |
3.3 Indonesia Caustic potash Market - Industry Life Cycle |
3.4 Indonesia Caustic potash Market - Porter's Five Forces |
3.5 Indonesia Caustic potash Market Revenues & Volume Share, By Form, 2020 & 2027F |
3.6 Indonesia Caustic potash Market Revenues & Volume Share, By Grade, 2020 & 2027F |
3.7 Indonesia Caustic potash Market Revenues & Volume Share, By End-users, 2020 & 2027F |
4 Indonesia Caustic potash Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Caustic potash Market Trends |
6 Indonesia Caustic potash Market, By Types |
6.1 Indonesia Caustic potash Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Caustic potash Market Revenues & Volume, By Form, 2018 - 2027F |
6.1.3 Indonesia Caustic potash Market Revenues & Volume, By Solid, 2018 - 2027F |
6.1.4 Indonesia Caustic potash Market Revenues & Volume, By Liquid, 2018 - 2027F |
6.2 Indonesia Caustic potash Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Caustic potash Market Revenues & Volume, By Industrial, 2018 - 2027F |
6.2.3 Indonesia Caustic potash Market Revenues & Volume, By Reagent, 2018 - 2027F |
6.2.4 Indonesia Caustic potash Market Revenues & Volume, By Pharmaceutical, 2018 - 2027F |
6.3 Indonesia Caustic potash Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Caustic potash Market Revenues & Volume, By Potassium Carbonate, 2018 - 2027F |
6.3.3 Indonesia Caustic potash Market Revenues & Volume, By Potassium Phosphates, 2018 - 2027F |
6.3.4 Indonesia Caustic potash Market Revenues & Volume, By Potassium Soaps and Detergents, 2018 - 2027F |
6.3.5 Indonesia Caustic potash Market Revenues & Volume, By Liquid Fertilizers, 2018 - 2027F |
6.3.6 Indonesia Caustic potash Market Revenues & Volume, By Agricultural Chemicals, 2018 - 2027F |
6.3.7 Indonesia Caustic potash Market Revenues & Volume, By Others, 2018 - 2027F |
7 Indonesia Caustic potash Market Import-Export Trade Statistics |
7.1 Indonesia Caustic potash Market Export to Major Countries |
7.2 Indonesia Caustic potash Market Imports from Major Countries |
8 Indonesia Caustic potash Market Key Performance Indicators |
9 Indonesia Caustic potash Market - Opportunity Assessment |
9.1 Indonesia Caustic potash Market Opportunity Assessment, By Form, 2020 & 2027F |
9.2 Indonesia Caustic potash Market Opportunity Assessment, By Grade, 2020 & 2027F |
9.3 Indonesia Caustic potash Market Opportunity Assessment, By End-users, 2020 & 2027F |
10 Indonesia Caustic potash Market - Competitive Landscape |
10.1 Indonesia Caustic potash Market Revenue Share, By Companies, 2020 |
10.2 Indonesia Caustic potash Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |