Product Code: ETC083387 | 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 Ethyl acetate Market is poised for steady growth rate improvements from 2025 to 2029. Commencing at 10.28% in 2025, growth builds up to 13.05% by 2029.
The Ethyl acetate market in Indonesia is projected to grow at a high growth rate of 11.65% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
Indonesia ethyl acetate market is projected to witness a healthy growth in the forecast period due to its increasing applications across various industries such as coatings, printing inks and adhesives. Ethyl Acetate finds application in industrial sectors as well as consumer goods, which includes household cleaning agents and cosmetics. It is also used for extracting essential oils from herbal products. The demand for ethyl acetate will continue over the forecast period driven by increased consumption of paints and coating industry along with higher investments into the automotive sector that demands more adhesive resins.
Strong demand from end-use industries such as printing & packaging, automobile manufacturing and food & beverage has been driving the growth of Indonesia`s ethyl acetate market during recent years. Additionally, growing adoption of water-based solvent systems instead of traditional ones such as oil-based is expected to propel growth further over the forecast period owing to their environmental benefits like minimal VOC emissions when compared to other solvents type . Furthermore government regulations on usage of hazardous chemicals are likely to encourage manufacturers towards use of non toxic substitutes making way for rising sales opportunities within this sector.
Despite positives noted above some key challenges could hinder overall market growth potential including volatile raw material prices that might hamper profit margins at times, lack or inadequate technical expertise among local players combined with poor access towards capital resources could limit production capacities hence affecting future supply chain dynamics negatively. Moreover high competition arising from unorganized players might lead towards price wars thus resulting into lower profitability levels among ethical producers operating within this domain..
Growing inclination towards biodegradable plastic bags can be seen all around which provides an excellent opportunity for manufacturers within Indonesia?s ethyl acetate industry since it finds wide usage across both medical & polymer markets globally where it serves purpose while formulating product emulsions plus offers superior chemical resistance properties in comparison with its counterparts . This combined with presence strong R&D initiatives taken by major stakeholders aimed at expanding current portfolio range should further bolster long term outlook positively
The COVID 19 outbreak has disrupted normalcy worldwide leading global economies toward negative GDP figures along with associated resource deficiencies impacting almost every vertical adversely . Similar was observed within Indonesia?s ethylacetate domain where social distancing measures led factories shutdown thereby creating nearterm supply shortages amongst downstream users .Moreover due pandemic situation prevalent there.
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 Ethyl acetate Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Ethyl acetate Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Ethyl acetate Market - Industry Life Cycle |
3.4 Indonesia Ethyl acetate Market - Porter's Five Forces |
3.5 Indonesia Ethyl acetate Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Indonesia Ethyl acetate Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 Indonesia Ethyl acetate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Ethyl acetate Market Trends |
6 Indonesia Ethyl acetate Market, By Types |
6.1 Indonesia Ethyl acetate Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Ethyl acetate Market Revenues & Volume, By Application, 2018 - 2031F |
6.1.3 Indonesia Ethyl acetate Market Revenues & Volume, By Adhesives & Sealants, 2018 - 2031F |
6.1.4 Indonesia Ethyl acetate Market Revenues & Volume, By Coatings Formulations, 2018 - 2031F |
6.1.5 Indonesia Ethyl acetate Market Revenues & Volume, By Pigments, 2018 - 2031F |
6.1.6 Indonesia Ethyl acetate Market Revenues & Volume, By Flavor Enhancer, 2018 - 2031F |
6.1.7 Indonesia Ethyl acetate Market Revenues & Volume, By Process Solvents, 2018 - 2031F |
6.1.8 Indonesia Ethyl acetate Market Revenues & Volume, By Intermediates, 2018 - 2031F |
6.2 Indonesia Ethyl acetate Market, By End-Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Ethyl acetate Market Revenues & Volume, By Food & Beverage, 2018 - 2031F |
6.2.3 Indonesia Ethyl acetate Market Revenues & Volume, By Paints & Coatings, 2018 - 2031F |
6.2.4 Indonesia Ethyl acetate Market Revenues & Volume, By Pharmaceuticals, 2018 - 2031F |
6.2.5 Indonesia Ethyl acetate Market Revenues & Volume, By Automotive, 2018 - 2031F |
6.2.6 Indonesia Ethyl acetate Market Revenues & Volume, By Artificial Leather, 2018 - 2031F |
6.2.7 Indonesia Ethyl acetate Market Revenues & Volume, By Packaging, 2018 - 2031F |
7 Indonesia Ethyl acetate Market Import-Export Trade Statistics |
7.1 Indonesia Ethyl acetate Market Export to Major Countries |
7.2 Indonesia Ethyl acetate Market Imports from Major Countries |
8 Indonesia Ethyl acetate Market Key Performance Indicators |
9 Indonesia Ethyl acetate Market - Opportunity Assessment |
9.1 Indonesia Ethyl acetate Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Indonesia Ethyl acetate Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
10 Indonesia Ethyl acetate Market - Competitive Landscape |
10.1 Indonesia Ethyl acetate Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Ethyl acetate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |