Product Code: ETC201100 | 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 | |
Cerium carbonate is a chemical compound with the formula CeCO3. It is used as an additive in many industrial applications, such as ceramic production, glass manufacturing and metal surface treatment. Indonesia has become one of the leading markets for cerium carbonate over the past few years due to its increasing use in various industries.
The demand for cerium carbonate in Indonesia has been on a rise due to its wide range of applications and cost-effectiveness compared to other alternatives available in the market. The growing automotive industry, increasing use of electronics goods, strong presence of global companies operating in Indonesia are some factors driving the growth of this market. Additionally, manufacturers are increasingly focusing on investing more in research and development activities which will further boost the market growth potential during forecast period.
The major driver behind increased consumption of Cerium Carbonate includes rising demand from end user industries such as automobile industry owing to their requirement for lighter yet durable components; also it finds application as catalyst support material that helps improve efficiency & reduce CO2 emission while energy saving & environmental sustainability becomes key trends among government regulations globally. Growing number of consumer electronics products requiring coating materials including cerium based compounds has provided significant impetus for cerium carbonates? usage since last decade or so. Moreover , availability at cheaper price point than alternatives like cobalt oxide coupled with longer shelf life can be attributed few more factors propelling Cerium Carbonates adoption across end user spectrum.
The COVID-19 pandemic had caused disruption along most value chains including Cerium Canyons where supply chain operations were adversely affected by nation wide lockdowns imposed all around globe. This resulted into short term shortage followed by oversupply when businesses restarted operations again thus causing pricing volatility across all grades. Now , when conditions have started normalizing , we can expect prices returning back towards pre covid levels but till then there could be temporary fluctuations observed within Indonesia market too given already volatile nature related geopolitical tensions between US & China impacting raw material supplies longitudinally making situation complex at times.
Though there exists huge opportunity ahead however one need to understand certain challenges that may arise while dealing with Ceriun Carbonates particularly pertaining to transportation loss & contamination risks arising out during transit if not handled efficiently ; similarly stringent regulatory framework concerning occupational health and safety issues might pose serious threat even upon.
The Indonesia cerium carbonate market is expected to grow at a CAGR of 5.3% from 2025 to 2031. Major players in the Indonesia cerium carbonate market are Albemarle Corporation, Deepak Nitrite Limited, Hefa Rare Earth Canada Co., Ltd., Neo Performance Materials Inc., Inner Mongolia Baotou Steel Rare-Earth Hi-tech Co., Ltd., and Hohhot Huasheng Chemical Industry Development Co., Ltd.
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 Cerium Carbonate Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Cerium Carbonate Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Cerium Carbonate Market - Industry Life Cycle |
3.4 Indonesia Cerium Carbonate Market - Porter's Five Forces |
3.5 Indonesia Cerium Carbonate Market Revenues & Volume Share, By By Type, 2021 & 2031F |
3.6 Indonesia Cerium Carbonate Market Revenues & Volume Share, By By Application, 2021 & 2031F |
4 Indonesia Cerium Carbonate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Cerium Carbonate Market Trends |
6 Indonesia Cerium Carbonate Market, By Types |
6.1 Indonesia Cerium Carbonate Market, By By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Cerium Carbonate Market Revenues & Volume, By By Type, 2021-2031F |
6.1.3 Indonesia Cerium Carbonate Market Revenues & Volume, By High Purity, 2021-2031F |
6.1.4 Indonesia Cerium Carbonate Market Revenues & Volume, By Low Purity, 2021-2031F |
6.2 Indonesia Cerium Carbonate Market, By By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Cerium Carbonate Market Revenues & Volume, By Cerium Chloride, 2021-2031F |
6.2.3 Indonesia Cerium Carbonate Market Revenues & Volume, By Incandescent Lampshade, 2021-2031F |
7 Indonesia Cerium Carbonate Market Import-Export Trade Statistics |
7.1 Indonesia Cerium Carbonate Market Export to Major Countries |
7.2 Indonesia Cerium Carbonate Market Imports from Major Countries |
8 Indonesia Cerium Carbonate Market Key Performance Indicators |
9 Indonesia Cerium Carbonate Market - Opportunity Assessment |
9.1 Indonesia Cerium Carbonate Market Opportunity Assessment, By By Type, 2021 & 2031F |
9.2 Indonesia Cerium Carbonate Market Opportunity Assessment, By By Application, 2021 & 2031F |
10 Indonesia Cerium Carbonate Market - Competitive Landscape |
10.1 Indonesia Cerium Carbonate Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Cerium Carbonate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |