Product Code: ETC203260 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
Indonesia lanthanum market has grown significantly in recent years due to the rising demand for high-quality rare earth elements (REE) from various industries. Lanthanum is a soft, silvery-white metal and is one of the most abundant REE found in nature. It has several unique properties that make it an important component for many applications such as catalysts, automotive electronics, and fiber optics. The increasing need for these components has led to a surge in the usage of lanthanum across Indonesia.
The growing demand for lanthanum from various end-user industries continues to drive growth in Indonesia lanthanum market. In addition, there have been efforts by stakeholders to explore new sources of REEs including secondary sources which are expected to further boost the Indonesia market over time. Furthermore, technological advancements and R&D activities are creating opportunities within this space by allowing manufacturers to develop cost effective solutions using rare earth elements like lanthanum.
The main drivers behind Indonesia lanthanium market include increasing industrialization along with growing concerns about environmental pollution resulting from traditional energy generation methods such as coal or nuclear power plants prompting companies and individuals alike to invest heavily into renewable energy production sectors like wind turbines or photovoltaic cells; both of which require large amounts REEs including Lanthamun oxide powder and other ingredients required during manufacturing processes thus driving up its demand on the local markets throughout Indonesia.. Additionally, government policies aimed at promoting science based technologies have also helped create more awareness towards green energy production items while stimulating investments into research & development projects all contributing majorly towards boosting domestic sales volumes of Lanthamun related products throughout 2020 & beyond going forward well into 2021 despite COVID-19 pandemic challenges faced worldwide especially across ASEAN region countries like Indonesia too.
The outbreak of COVID-19 has had a significant effect on global businesses, causing disruption across multiple supply chains around the world including those involved in producing raw materials used for making products containing Rare Earth Elements (REE). This is mainly due to lockdowns imposed by governments leading transport restrictions coupled with reduced manufacturing capabilities caused due social distancing norms creating glitches when it comes importing & exporting bulk goods shipments involving Lanthamun Oxide Powder & other necessary ingredients needed during product fabrication processes impacting severely upon overall business operations within industry overall both negatively economically.
However, there are certain challenges faced by the Indonesia lanthanum market that could hamper its growth over the forecast period. These include volatility in raw material prices and environmental issues associated with mining activities. Furthermore, lack of technological advancements coupled with high capital costs for manufacturing may restrain the market?s expansion over the coming years.
The key players operating in this sector include PT Lanthanum Jaya Perkasa, PT Meratus Jaya Iron & Steel Tbk., Freeport-McMoRan Inc., Nusa Halmahera Minerals Pte Ltd., PT Timah Investasi Mineral Plc., PT Vale Indonesia Tbk., China Minmetals Corporation Limited and Umicore Group among others.
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 Lanthanum Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Lanthanum Market Revenues & Volume, 2020 & 2030F |
3.3 Indonesia Lanthanum Market - Industry Life Cycle |
3.4 Indonesia Lanthanum Market - Porter's Five Forces |
3.5 Indonesia Lanthanum Market Revenues & Volume Share, By By Application, 2020 & 2030F |
3.6 Indonesia Lanthanum Market Revenues & Volume Share, By By Product, 2020 & 2030F |
4 Indonesia Lanthanum Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Lanthanum Market Trends |
6 Indonesia Lanthanum Market, By Types |
6.1 Indonesia Lanthanum Market, By By Application |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Lanthanum Market Revenues & Volume, By By Application, 2020-2030F |
6.1.3 Indonesia Lanthanum Market Revenues & Volume, By Filament Glass Coating, 2020-2030F |
6.1.4 Indonesia Lanthanum Market Revenues & Volume, By Fluidic Catalytic Cracking (FCC) Catalyst, 2020-2030F |
6.1.5 Indonesia Lanthanum Market Revenues & Volume, By Hydrogen Storage, 2020-2030F |
6.1.6 Indonesia Lanthanum Market Revenues & Volume, By Battery and Non-Battery Alloys, 2020-2030F |
6.1.7 Indonesia Lanthanum Market Revenues & Volume, By Electrical and Electronics, 2020-2030F |
6.1.8 Indonesia Lanthanum Market Revenues & Volume, By Others, 2020-2030F |
6.2 Indonesia Lanthanum Market, By By Product |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Lanthanum Market Revenues & Volume, By Lanthanum Oxide, 2020-2030F |
6.2.3 Indonesia Lanthanum Market Revenues & Volume, By Lanthanum Chloride, 2020-2030F |
6.2.4 Indonesia Lanthanum Market Revenues & Volume, By Lanthanum Boride, 2020-2030F |
6.2.5 Indonesia Lanthanum Market Revenues & Volume, By Lanthanum Acetate, 2020-2030F |
6.2.6 Indonesia Lanthanum Market Revenues & Volume, By Others, 2020-2030F |
7 Indonesia Lanthanum Market Import-Export Trade Statistics |
7.1 Indonesia Lanthanum Market Export to Major Countries |
7.2 Indonesia Lanthanum Market Imports from Major Countries |
8 Indonesia Lanthanum Market Key Performance Indicators |
9 Indonesia Lanthanum Market - Opportunity Assessment |
9.1 Indonesia Lanthanum Market Opportunity Assessment, By By Application, 2020 & 2030F |
9.2 Indonesia Lanthanum Market Opportunity Assessment, By By Product, 2020 & 2030F |
10 Indonesia Lanthanum Market - Competitive Landscape |
10.1 Indonesia Lanthanum Market Revenue Share, By Companies, 2023 |
10.2 Indonesia Lanthanum Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |