Product Code: ETC193480 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
Indonesia Iron Oxide market currently, in 2023, has witnessed an HHI of 6272, Which has increased slightly as compared to the HHI of 4169 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Iron Oxide is an inorganic compound mainly used as a pigment for coloring concrete, cement mortars and renders, roof tiles, bricks and various other construction materials. It is also used to add color to cosmetics and food products. In Indonesia, the iron oxide market has witnessed steady growth over the past few years owing to its rising demand from coatings & paints industry along with construction sector.
The growing use of iron oxides as pigments in coatings & paints industry and increasing popularity of green building constructions are some of the major trends driving the Indonesia iron oxide market. Additionally, technological advancements such as nano-particles are expected to propel their demand. Furthermore, manufacturers are focusing on introducing customized product offerings according to customer requirements which is anticipated to create lucrative opportunities for this market going forward.
Some of the key drivers propelling Indonesia Iron Oxide Market include growing preference towards organic colored raw material among end users due its low cost and better durability under extreme weather conditions; high growth potential in emerging economies such as Indonesia; rapid urbanization leading to increased infrastructure development activities; ongoing projects related with roads & highways coupled with government initiatives encouraging these developments etc. Moreover, increasing utilization across multiple industries including plastic manufacturing companies have boosted production rates significantly thereby offering greater returns on investments (ROI) for stakeholders involved in this sector.
Due to nationwide lockdown imposed by Indonesia government amidst COVID-19 pandemic outbreak disrupted supply chain operations resulting into decline consumption levels within country`s Iron Oxide Market since Q1 2020 till present date (Q3 2020). Further gradual closure of several processing plants hampered entire production process thus causing hindrance in regional exports too while creating severe shortage within local markets thereby affecting overall revenues generated by domestic players operating here across value chain during same time frame.. However things started getting back normalcy due implementation various digital platforms helping small scale producers distribute goods amongst customers located even far off places without any physical contact or transportation issues caused earlier.. Moreover continuous surge demand from furniture manufacturing units coupled with resilient textile sectors largely supported steel bar recovery post lock down scenarios come June 2020 onwards i.e., FY 2021.
One of the biggest challenges that face the industry is high import duty on raw material imports from China which makes it difficult for local companies to remain competitive internationally. Moreover, limited access to quality raw material due to lack of investment in mining activities also affects the overall performance of companies operating within this sector. Additionally, there are certain environmental regulations related to emissions control and waste management which need further implementation across all levels of business operations if firms expect better results. Lastly, limited access to credit facilities further complicates matters when trying to finance new investments or expansions plans necessary for keeping up with changing market dynamics.
The key players in the Indonesia iron oxide market include PT Pertamina (Persero), PT Krakatau Steel (Persero) Tbk., PT Freeport Indonesia and PT Indika Energy Tbk., amongst others who have been consistently active over recent years due mainly due their focus on meeting growing domestic demands from various industries including automotive assembly plants, steel manufacturing plants 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 Iron Oxide Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Iron Oxide Market Revenues & Volume, 2020 & 2030F |
3.3 Indonesia Iron Oxide Market - Industry Life Cycle |
3.4 Indonesia Iron Oxide Market - Porter's Five Forces |
3.5 Indonesia Iron Oxide Market Revenues & Volume Share, By By Product Type, 2020 & 2030F |
3.6 Indonesia Iron Oxide Market Revenues & Volume Share, By By Application, 2020 & 2030F |
4 Indonesia Iron Oxide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Iron Oxide Market Trends |
6 Indonesia Iron Oxide Market, By Types |
6.1 Indonesia Iron Oxide Market, By By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Iron Oxide Market Revenues & Volume, By By Product Type, 2020-2030F |
6.1.3 Indonesia Iron Oxide Market Revenues & Volume, By Red Iron Oxide, 2020-2030F |
6.1.4 Indonesia Iron Oxide Market Revenues & Volume, By Yellow Iron Oxide, 2020-2030F |
6.1.5 Indonesia Iron Oxide Market Revenues & Volume, By Black Iron Oxide, 2020-2030F |
6.1.6 Indonesia Iron Oxide Market Revenues & Volume, By Orange Iron Oxide, 2020-2030F |
6.1.7 Indonesia Iron Oxide Market Revenues & Volume, By Brown Iron Oxide, 2020-2030F |
6.1.8 Indonesia Iron Oxide Market Revenues & Volume, By Green Iron Oxide, 2020-2030F |
6.2 Indonesia Iron Oxide Market, By By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Iron Oxide Market Revenues & Volume, By Construction, 2020-2030F |
6.2.3 Indonesia Iron Oxide Market Revenues & Volume, By Paints & Coatings, 2020-2030F |
6.2.4 Indonesia Iron Oxide Market Revenues & Volume, By Plastics, 2020-2030F |
6.2.5 Indonesia Iron Oxide Market Revenues & Volume, By Paper & Pulp Manufacturing, 2020-2030F |
6.2.6 Indonesia Iron Oxide Market Revenues & Volume, By Textile, 2020-2030F |
6.2.7 Indonesia Iron Oxide Market Revenues & Volume, By Ceramics, 2020-2030F |
6.2.8 Indonesia Iron Oxide Market Revenues & Volume, By Others (Fertilizers, Cosmetics, Rubber), 2020-2030F |
6.2.9 Indonesia Iron Oxide Market Revenues & Volume, By Others (Fertilizers, Cosmetics, Rubber), 2020-2030F |
7 Indonesia Iron Oxide Market Import-Export Trade Statistics |
7.1 Indonesia Iron Oxide Market Export to Major Countries |
7.2 Indonesia Iron Oxide Market Imports from Major Countries |
8 Indonesia Iron Oxide Market Key Performance Indicators |
9 Indonesia Iron Oxide Market - Opportunity Assessment |
9.1 Indonesia Iron Oxide Market Opportunity Assessment, By By Product Type, 2020 & 2030F |
9.2 Indonesia Iron Oxide Market Opportunity Assessment, By By Application, 2020 & 2030F |
10 Indonesia Iron Oxide Market - Competitive Landscape |
10.1 Indonesia Iron Oxide Market Revenue Share, By Companies, 2023 |
10.2 Indonesia Iron Oxide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |