Product Code: ETC089927 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Indonesia is the largest producer of magnesium carbonate in Southeast Asia, with an estimated production capacity exceeding 20 million tons per annum. The country has a long history of producing this industrial mineral, which is used for a variety of applications such as fillers and extenders in rubber and plastic products, fillers in paints and coatings, animal feed additives, fire retardants, additives to ceramic products and fertilizers.
In recent years there has been growing demand for magnesium carbonate from local Indonesia manufacturers due to its low cost relative to other alternatives. This trend is likely to continue into the future as more companies look to replace higher-cost materials with cheaper options like magnesium carbonate. Additionally, emerging trends such as green chemistry will create new opportunities for Indonesia industry players by providing access to markets that prefer eco-friendly solutions over traditional ones.
The main driver behind the increasing demand for magnesium carbonate in Indonesia is its lower price relative to alternative industrial minerals like calcium carbonates or silicas. It also offers better physical properties than some other available materials including good chemical neutrality and excellent thermal stability up to 1300?C. This makes it suitable for many different applications across industries ranging from paint & coating manufacturing through medical supplies all the way up automotive components production ? giving it a broad market appeal.
The outbreak of COVID-19 pandemic caused significant disruption throughout global supply chains resulting in decreased availability of raw materials used by Indonesia producers thus displacing their operations at least temporarily until new sources were established or existing suppliers returned back online after restrictions were lifted. Prices have been affected too, however given current conditions they remain quite stable compared with pre - pandemic periods when fluctuations occurred on regular basis.
There are several challenges faced by Indonesia producers when it comes down to supplying their clients abroad mainly due those mentioned above disruptions within global supply chain but also because strict environmental regulations make extraction process complicated, expensive and time consuming leading directly towards higher final product prices making them less competitive on international markets. Another obstacle encountered relates specifically too financial aspect since most small businesses don`t possess enough capital required for investing into newer technologies allowing faster processes while keeping quality standards intact.
PT Kaltim Magnezitindo, PT Pertamina Geothermal Energy (PGE), Asean Bintang Corporation, Indo-Rama Synthetics Ltd, Surya Timur Bersaudara Group.