| Product Code: ETC109007 | Publication Date: Jul 2023 | Updated Date: Feb 2026 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
In the Indonesia ferrotitanium market, the import trend showed a growth rate of 13.58% from 2023 to 2024, contrasting with a -4.9% compound annual growth rate (CAGR) for 2020-2024. This fluctuation could be attributed to shifts in demand dynamics or changes in trade policies impacting market stability.

Ferrotitanium is an alloy of iron and titanium, primarily used in the steel industry. It has a low density and high strength-to-weight ratio, making it ideal for use in applications that require both lightness and durability. In Indonesia, ferrotitanium production is mainly concentrated in East Java Province where most of the country`s primary steel sector is located.
In recent years, the Indonesia ferrotitanium market has grown significantly due to increased demand from industries such as automotive manufacturing, shipbuilding, construction equipment manufacturing, electrical machinery production and others. The growth of these industries has led to an increase in demand for ferrotitanium products from domestic producers as well as foreign suppliers. Additionally, there are currently few restrictions on imports or exports which have allowed for more competition within the Indonesia market. This further drives down prices which makes purchasing ferroalloys such as ferrotitanium more economical for consumers.
The main drivers behind the growth of Indonesia Ferrotitanium market include increasing industrial activity particularly within areas such as automotive manufacturing; rising disposable income leading to higher consumer expenditure; government initiatives encouraging investment into infrastructure projects; and rising global trade volumes aiding export opportunities amongst other factors. Additionally, technological developments have improved product quality while also reducing costs associated with its production.
Due to COVID-19 pandemic local businesses have been hit hard resulting reduced demand for commodities including Ferroalloys like Ferritentium across various industries domestically such as Automotive Manufacturing & Shipbuilding etc., this reduction coupled with disruptions in international supply chains caused by travel bans had impacted sales figures negatively over 2025 & 2025 thus far too.. However despite all this some resilience can be observed amongst companies operating within this space who found ways to adjust their operations remotely & reduce operational costs allowing them continue supplying customers despite challenging times.
The biggest challenge faced by producers operating within Indonesia Ferritentium space are increasing prices due largely because raw materials required rarely available locally meaning transportation cost become significant portion overall budget. Other difficulties include maintaining adequate levels stock given unexpected changes demands between buyers, pressure meet stringent environmental regulations imposed by authorities at same time maintaining competitive pricing margins remain profitable.
Some key players operating within the Indonesia FerroTitanium Market include PT Timah Tbk., PT Bukaka Teknik Utama (PT BUKATI), PT Meratus Jaya Iron & Steel Group (MJISG), Suralaya Mining Corporation Pvt Ltd., and Bhushan Power & Steel Limited (BPSL). These companies primarily produce steel alloys using scrap metals with added magnesium or aluminum content for various industries including automotive manufacturing, shipbuilding construction etc.
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 Ferrotitanium Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Ferrotitanium Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Ferrotitanium Market - Industry Life Cycle |
3.4 Indonesia Ferrotitanium Market - Porter's Five Forces |
3.5 Indonesia Ferrotitanium Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Indonesia Ferrotitanium Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Indonesia Ferrotitanium Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction and infrastructure sectors in Indonesia, leading to increased demand for ferrotitanium in manufacturing of steel products. |
4.2.2 Rising adoption of ferrotitanium in the automotive industry for lightweighting purposes to improve fuel efficiency and reduce emissions. |
4.2.3 Government initiatives to boost domestic manufacturing and industrial production, creating a favorable environment for the ferrotitanium market. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices, such as titanium and iron, impacting the production cost and profitability of ferrotitanium manufacturers. |
4.3.2 Competition from substitute materials like ferrosilicon or ferrovanadium, affecting the market share of ferrotitanium. |
4.3.3 Economic uncertainties and fluctuations in currency exchange rates influencing investment decisions and market growth. |
5 Indonesia Ferrotitanium Market Trends |
6 Indonesia Ferrotitanium Market, By Types |
6.1 Indonesia Ferrotitanium Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Ferrotitanium Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Indonesia Ferrotitanium Market Revenues & Volume, By Ferrotitanium 35%, 2021-2031F |
6.1.4 Indonesia Ferrotitanium Market Revenues & Volume, By Ferrotitanium 70%, 2021-2031F |
6.1.5 Indonesia Ferrotitanium Market Revenues & Volume, By Other, 2021-2031F |
6.2 Indonesia Ferrotitanium Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Ferrotitanium Market Revenues & Volume, By Stainless Steel Stabilizer, 2021-2031F |
6.2.3 Indonesia Ferrotitanium Market Revenues & Volume, By Molten Metal Additive, 2021-2031F |
6.2.4 Indonesia Ferrotitanium Market Revenues & Volume, By Other, 2021-2031F |
7 Indonesia Ferrotitanium Market Import-Export Trade Statistics |
7.1 Indonesia Ferrotitanium Market Export to Major Countries |
7.2 Indonesia Ferrotitanium Market Imports from Major Countries |
8 Indonesia Ferrotitanium Market Key Performance Indicators |
8.1 Average selling price of ferrotitanium in the Indonesian market. |
8.2 Capacity utilization rate of ferrotitanium production facilities. |
8.3 Number of new product developments or innovations in the ferrotitanium sector. |
8.4 Percentage of market penetration of ferrotitanium in key end-use industries. |
8.5 Environmental and sustainability metrics related to ferrotitanium production processes. |
9 Indonesia Ferrotitanium Market - Opportunity Assessment |
9.1 Indonesia Ferrotitanium Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Indonesia Ferrotitanium Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Indonesia Ferrotitanium Market - Competitive Landscape |
10.1 Indonesia Ferrotitanium Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Ferrotitanium Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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