Product Code: ETC087407 | 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 Ferrosilicon Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 9.12% in 2025, the growth rate steadily ascends to 11.77% in 2029.
The Ferrosilicon market in Indonesia is projected to grow at a high growth rate of 10.44% 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 is a major producer of ferrosilicon. It is one of the fastest growing markets for ferrosilicon in South East Asia, due to its strong demand from steel and aluminum processing industries. The production of this alloy has been increasing steadily over the past few years. The industry also benefits from government support and incentives such as free trade agreements allowing for increased export opportunities.
The demand for ferrosilicon in Indonesia is expected to continue growing at a steady rate due to increased activity in the manufacturing sector and rising consumption by local industries including steel, aluminum and cement producers. Ferroalloys are essential inputs used in steelmaking processes, providing strength and durability while helping improve chemical resistance properties when added during smelting operations. This increase in demand has caused prices to rise significantly over the last five years, with further increases anticipated going forward as new projects come online both domestically within Indonesia or exported across international borders into neighbouring countries such as Thailand or Malaysia.
Ferroalloys such as ferrosilicon are important materials needed for producing high-quality steel which is used extensively by various manufacturing sectors ranging from automotive parts makers through to appliance manufacturers ? all require different grades of ferrous metals depending on their application requirements such as rust prevention or improved tensile strength characteristics respectively. Demand continues to be driven primarily by construction activities both within Indonesia itself but also increasingly so externally via exports given favourable currency exchange rates when compared against other regional economies like Japan or China who have historically enjoyed higher levels of economic growth than that experienced locally within Indonesia shores making it an attractive option for foreign investment looking beyond domestic markets alone (especially given current geopolitical tensions). Additionally, efforts conducted towards improving infrastructure throughout Indonesia cities will see increased usage being made out of these alloys too especially where bridge structures are concerned needing additional reinforcement components provided by specialty steels containing trace elements found only within specific alloy mixtures usually consisting predominantly out of nickel based composition types e.g.: stainless steels etc.
Due to COVID-19 pandemic situation globally many industries faced significant losses because supply chains were disrupted causing delays with delivery schedules leading directly onto lower revenues associated with reduced sales volumes sold off eventually since customer orders could not be fulfilled timely enough resulting effectively into diminished profits towards bottom line figures reported officially either quarter wise or annually depending on company reporting cycles established beforehand prior already even before outbreak first went public.
The key challenges in the Indonesia ferrosilicon market include a lack of raw material supply, high production costs, and low demand due to environmental concerns. There is also a need for more efficient manufacturing techniques to improve product quality and reduce production costs.
The major players in the Indonesia ferrosilicon market are PT Antam Tbk, PT Krakatau Steel (Persero), PT Aneka Tambang (Antam), and PT Indoferro. These companies are involved in both mining operations as well as downstream processing of ferrosilicon into finished products such as rods, billets and others for use by various industries. Other key participants include trading firms that import raw materials from overseas suppliers or export processed products to consumers around the world.
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 Ferrosilicon Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Ferrosilicon Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Ferrosilicon Market - Industry Life Cycle |
3.4 Indonesia Ferrosilicon Market - Porter's Five Forces |
3.5 Indonesia Ferrosilicon Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Indonesia Ferrosilicon Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Indonesia Ferrosilicon Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Ferrosilicon Market Trends |
6 Indonesia Ferrosilicon Market, By Types |
6.1 Indonesia Ferrosilicon Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Ferrosilicon Market Revenues & Volume, By Application, 2018 - 2031F |
6.1.3 Indonesia Ferrosilicon Market Revenues & Volume, By Deoxidizer, 2018 - 2031F |
6.1.4 Indonesia Ferrosilicon Market Revenues & Volume, By Inoculant, 2018 - 2031F |
6.1.5 Indonesia Ferrosilicon Market Revenues & Volume, By Others, 2018 - 2031F |
6.2 Indonesia Ferrosilicon Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Ferrosilicon Market Revenues & Volume, By Carbon & other alloy steel, 2018 - 2031F |
6.2.3 Indonesia Ferrosilicon Market Revenues & Volume, By Stainless steel, 2018 - 2031F |
6.2.4 Indonesia Ferrosilicon Market Revenues & Volume, By Electric steel, 2018 - 2031F |
6.2.5 Indonesia Ferrosilicon Market Revenues & Volume, By Cast iron, 2018 - 2031F |
6.2.6 Indonesia Ferrosilicon Market Revenues & Volume, By Others, 2018 - 2031F |
7 Indonesia Ferrosilicon Market Import-Export Trade Statistics |
7.1 Indonesia Ferrosilicon Market Export to Major Countries |
7.2 Indonesia Ferrosilicon Market Imports from Major Countries |
8 Indonesia Ferrosilicon Market Key Performance Indicators |
9 Indonesia Ferrosilicon Market - Opportunity Assessment |
9.1 Indonesia Ferrosilicon Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Indonesia Ferrosilicon Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Indonesia Ferrosilicon Market - Competitive Landscape |
10.1 Indonesia Ferrosilicon Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Ferrosilicon Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |