Product Code: ETC204340 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
Indonesia is the second-largest producer of magnesium fluoride in Southeast Asia. The country`s major producers are PT Surya Timur, PT Multi Artha Pratama (MAP), and PT Tirta Alam Segarindo (TAS). Indonesia is also one of the largest exporters of magnesium fluoride to other countries in the region, such as Thailand, Malaysia, Singapore, China and India.
The demand for magnesium fluoride has been increasing steadily over the past few years due to its various applications in different industries and products. Magnesium Fluoride is used widely in electronics industry for producing circuit boards and components; it also finds application as a fluxing agent for glass production. In addition, magnesium fluoride can be used as an optical coating material which helps improve light transmission efficiency through lenses by reducing glare or haze caused due to reflection from surfaces. As a result of these applications, there has been steady growth in demand for this chemical across many industries including automotive & aerospace industry; medical equipment manufacturing; semiconductor fabrication etc., resulting in increased demand for magnesia fluorides from downstream markets like coatings manufacturers etc.. This trend is expected to continue into the future with more uses being discovered every day.
A major driver contributing towards increased use of magnesia fluoric acid is its ability to reduce costs associated with production processes without compromising on quality or performance outputs. It not only serves as a fluxing agent but also helps reduce distortion during welding operations thereby enabling higher yields at lower costs compared to conventional methods using other compounds such as borax or sodium silicates that have limited thermal stability properties when heated above 500 degrees Celsius.. Additionally,, Magnesium Fluoride aids better adhesion between layers while printing circuit boards thus improving product reliability and cost effectiveness when compared with traditional tinning techniques which require extra time and expensive organic solvents that may contain hazardous substances causing environmental pollution if not treated properly after use.
Due to COVID-19 pandemic outbreak worldwide , most businesses were affected leading decreasing sales revenue along with reduced operations capacity. Many companies faced supply chain disruption causing further pressure on their business profitability. Similarly ,magnesium Fluoride market was impacted negatively where global trade restrictions imposed by governments led decline in exports volume from key players affecting overall revenues. Moreover ,downturn situation among end user industries such as automotive sector had significant impact.
Some of the key challenges faced by local players include lack of capital expenditure which makes it difficult to invest into research and development activities as well as a limited supply chain network that restricts access to raw materials from other countries. Additionally, fluctuating prices for associated chemicals can also impact profitability margins.
The major players operating in Indonesia magnesium fluoride industry include Cemindo Gemilang Group (CG), Aneka Kimia Indah (AKI), Pusaka Borneo Lestari (PBL), PT Kebon Jaya Abadi (KJA), PT Prima Inti Persada (PIP) and PT Sinar Mas Agro Resources & Technology Tbk (SMART). These firms have established their presence across different sectors within the industry such as manufacturing, trading/distribution, R&D and consultancy services.
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 Fluoride Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Magnesium Fluoride Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Magnesium Fluoride Market - Industry Life Cycle |
3.4 Indonesia Magnesium Fluoride Market - Porter's Five Forces |
3.5 Indonesia Magnesium Fluoride Market Revenues & Volume Share, By By Type, 2021 & 2031F |
3.6 Indonesia Magnesium Fluoride Market Revenues & Volume Share, By By Application, 2021 & 2031F |
3.7 Indonesia Magnesium Fluoride Market Revenues & Volume Share, By By End Users, 2021 & 2031F |
4 Indonesia Magnesium Fluoride Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Magnesium Fluoride Market Trends |
6 Indonesia Magnesium Fluoride Market, By Types |
6.1 Indonesia Magnesium Fluoride Market, By By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Magnesium Fluoride Market Revenues & Volume, By By Type, 2021-2031F |
6.1.3 Indonesia Magnesium Fluoride Market Revenues & Volume, By Synthetic Skin Substitute, 2021-2031F |
6.1.4 Indonesia Magnesium Fluoride Market Revenues & Volume, By Biosynthetic Skin Substitute, 2021-2031F |
6.1.5 Indonesia Magnesium Fluoride Market Revenues & Volume, By Biological Skin Substitute, 2021-2031F |
6.2 Indonesia Magnesium Fluoride Market, By By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Magnesium Fluoride Market Revenues & Volume, By Burn Injury, 2021-2031F |
6.2.3 Indonesia Magnesium Fluoride Market Revenues & Volume, By Diabetic Foot Ulcers, 2021-2031F |
6.2.4 Indonesia Magnesium Fluoride Market Revenues & Volume, By Chronic Wounds, 2021-2031F |
6.2.5 Indonesia Magnesium Fluoride Market Revenues & Volume, By Others, 2021-2031F |
6.3 Indonesia Magnesium Fluoride Market, By By End Users |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Magnesium Fluoride Market Revenues & Volume, By Hospitals, 2021-2031F |
6.3.3 Indonesia Magnesium Fluoride Market Revenues & Volume, By Other Healthcare Facilities, 2021-2031F |
7 Indonesia Magnesium Fluoride Market Import-Export Trade Statistics |
7.1 Indonesia Magnesium Fluoride Market Export to Major Countries |
7.2 Indonesia Magnesium Fluoride Market Imports from Major Countries |
8 Indonesia Magnesium Fluoride Market Key Performance Indicators |
9 Indonesia Magnesium Fluoride Market - Opportunity Assessment |
9.1 Indonesia Magnesium Fluoride Market Opportunity Assessment, By By Type, 2021 & 2031F |
9.2 Indonesia Magnesium Fluoride Market Opportunity Assessment, By By Application, 2021 & 2031F |
9.3 Indonesia Magnesium Fluoride Market Opportunity Assessment, By By End Users, 2021 & 2031F |
10 Indonesia Magnesium Fluoride Market - Competitive Landscape |
10.1 Indonesia Magnesium Fluoride Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Magnesium Fluoride Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |