| Product Code: ETC360328 | Publication Date: Aug 2022 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Indonesia`s import trend for the flanges market exhibited a decline in growth from 2023 to 2024, with a rate of -6.44%. However, the compound annual growth rate (CAGR) for the period 2020-2024 stood at a healthy 8.94%. This dip in import momentum in 2024 could be attributed to shifting demand patterns or changes in trade policies impacting market stability.

By 2027, Indonesia's Flanges market is forecasted to achieve a growing growth rate of 8.92%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.

Flanges are critical components used to connect pipes and provide secure seals in various industries, including oil and gas, petrochemicals, and power generation. The demand for flanges in Indonesia is closely tied to the growth of these sectors, as well as infrastructure projects. The market for flanges is anticipated to grow in tandem with the country`s industrial development. Companies operating in this sector may benefit from innovation and diversification to meet specific industry requirements and environmental standards.
The flanges market in Indonesia is experiencing growth, thanks to several driving factors. The oil and gas industry`s prominence in the country is a key driver, as flanges are essential components for connecting pipelines and equipment in this sector. Furthermore, the expansion of the petrochemical and chemical industries contributes to flange demand for various processing applications. The ongoing infrastructure development projects, including power plants and water treatment facilities, also rely on flanges for secure connections. The market benefits from stringent quality and safety standards that require reliable flange solutions in industrial processes.
In the flanges market in Indonesia, the challenges include fierce competition, both domestically and from international manufacturers. Price sensitivity in this market can lead to price wars, affecting profitability. Flanges are crucial components in various industries, and the market can be influenced by economic downturns, affecting demand. Ensuring product quality and compliance with industry standards is another challenge, as flanges must meet strict performance requirements.
Flanges are essential components in various industries, including oil and gas, petrochemicals, and power generation. The pandemic initially disrupted the supply chain, affecting the production and delivery of flanges. However, as economic activities resume, especially in energy-related sectors, the flanges market is poised for recovery and growth.
The Indonesia flanges market is experiencing steady growth due to infrastructure development and industrial expansion. Key players in this market include PT. Piramid Cahaya Abadi, PT. Sumber Sarana Agung, and PT. Indira Dwi Mitra.
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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