Product Code: ETC088007 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Indonesia Magnesium Chloride Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 7.36% in 2025, growth builds up to 9.72% by 2029.
The Magnesium Chloride market in Indonesia is projected to grow at a growing growth rate of 8.57% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
Indonesia magnesium chloride market is a promising sector that has been witnessing steady growth in recent years. This growth can be attributed to the growing demand for chlorides used in various industrial and commercial applications. The increasing use of magnesium chloride as fertilizer, an additive in animal feed, and a food preservative are expected to drive the market further over the forecast period. Moreover, its wide range of uses such as antiperspirant, de-icing agent, fire retardant etc., will create lucrative opportunities for manufacturers operating in this space.
The increasing use of magnesium chloride as fertilizers due to its high solubility is one of the major trends observed in Indonesia Magnesium Chloride Market. Additionally, rising awareness among farmers about the benefits derived from using it on their crops and soil has led to increased consumption across rural parts of Indonesia. Furthermore, new developments related to production technologies are also anticipated to boost product sales over the forecast period 2025-2031.
The growing demand from several industries such as chemical & pharmaceuticals manufacturing industry along with construction sector have been driving significant growth opportunities for magnesium chloride producers operating within Indonesia domestic markets since last few years. Increasing utilization of these compounds owing to their cost effectiveness coupled with enhanced environmental friendly properties are some other factors influencing positive towards this space. In addition, government initiatives such as relaxed import - export policies laid down by governing bodies regarding transportation, storage & distribution activities could further stimulate overall business dynamics during assessment timeline.
COVID-19 pandemic outbreak has impacted global economies significantly including Indonesia economy which was already suffering slow economic recovery pre coronavirus spread. Rising number associated health issues followed by stringent governmental regulations supported lockdowns imposed on people movement caused massive disruption across supply chain activities causing shortage situation amongst raw materials supplies thereby restraining entire operations pertaining production processes limiting up gradation options available out there. Although gradual restoration witnessed amidst post lockdown scenario yet still certain level disruptions persists leading towards surge in price tags linked with finished products hindering overall profitability margins getting generated through respective process chains consequently hampering overall market progressions across mentioned timeframe.
High capital investment requirement along with availability unavailability related constraints concerning resources mainly labor power remains major challenges faced by manufacturers operating within country based marketspace at present times vigorously impacting sustainable revenues percentage gaining earned throughout.
PT Intan Prima Jaya, PT Karya Perkasa Abadi, PT Indo Magnesium Corporation, PT Surya Timur Sakti Abadi, PT Global Metalindo Internasional.
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 Magnesium Chloride Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Magnesium Chloride Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Magnesium Chloride Market - Industry Life Cycle |
3.4 Indonesia Magnesium Chloride Market - Porter's Five Forces |
3.5 Indonesia Magnesium Chloride Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Indonesia Magnesium Chloride Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 Indonesia Magnesium Chloride Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Indonesia Magnesium Chloride Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Magnesium Chloride Market Trends |
6 Indonesia Magnesium Chloride Market, By Types |
6.1 Indonesia Magnesium Chloride Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Magnesium Chloride Market Revenues & Volume, By Form, 2018 - 2031F |
6.1.3 Indonesia Magnesium Chloride Market Revenues & Volume, By Liquid, 2018 - 2031F |
6.1.4 Indonesia Magnesium Chloride Market Revenues & Volume, By Flakes, 2018 - 2031F |
6.2 Indonesia Magnesium Chloride Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Magnesium Chloride Market Revenues & Volume, By Industrial, 2018 - 2031F |
6.2.3 Indonesia Magnesium Chloride Market Revenues & Volume, By Food and Pharmaceutical, 2018 - 2031F |
6.3 Indonesia Magnesium Chloride Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Magnesium Chloride Market Revenues & Volume, By Deicing Agent, 2018 - 2031F |
6.3.3 Indonesia Magnesium Chloride Market Revenues & Volume, By Dust Suppressant, 2018 - 2031F |
6.3.4 Indonesia Magnesium Chloride Market Revenues & Volume, By Chemicals & Derivatives, 2018 - 2031F |
6.3.5 Indonesia Magnesium Chloride Market Revenues & Volume, By Building Materials, 2018 - 2031F |
6.3.6 Indonesia Magnesium Chloride Market Revenues & Volume, By Pharmaceuticals, 2018 - 2031F |
6.3.7 Indonesia Magnesium Chloride Market Revenues & Volume, By Food & Feed, 2018 - 2031F |
7 Indonesia Magnesium Chloride Market Import-Export Trade Statistics |
7.1 Indonesia Magnesium Chloride Market Export to Major Countries |
7.2 Indonesia Magnesium Chloride Market Imports from Major Countries |
8 Indonesia Magnesium Chloride Market Key Performance Indicators |
9 Indonesia Magnesium Chloride Market - Opportunity Assessment |
9.1 Indonesia Magnesium Chloride Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Indonesia Magnesium Chloride Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.3 Indonesia Magnesium Chloride Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Indonesia Magnesium Chloride Market - Competitive Landscape |
10.1 Indonesia Magnesium Chloride Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Magnesium Chloride Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |