Product Code: ETC193780 | 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 Magnesium Hydroxide market currently, in 2023, has witnessed an HHI of 8167, Which has increased substantially as compared to the HHI of 3362 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.
Magnesium Hydroxide is an inorganic compound that consists of magnesium and hydroxide ions. It has a white powdery appearance with no odor and non-toxic properties. It is used as an antacid to treat indigestion, heartburn, and other stomach disorders. In Indonesia, Magnesium Hydroxide can also be found in numerous pharmaceutical products such as lotions, creams, tablets for treating various skin problems like acne or eczema.
The Indonesia market for Magnesium Hydroxide has shown remarkable growth over the last few years due to increasing awareness about its health benefits among consumers. Furthermore, its use in the manufacturing of various products such as paint & coatings and fertilizers have further increased its demand from industrial buyers in the country. Moreover, it has become popular amongst athletes due to its ability to improve performance by reducing muscle fatigue during exercise sessions thus creating more scope for this product within sports nutrition sector.
The major drivers fueling the growth of Magnesium Hydroxide Market include growing consumer awareness regarding health benefits associated with this element; increased demand from industrial sectors such as paint & coating manufacturers; expanding application range including food & beverage industry; growing popularity amongst athletes; rising disposable income leading people towards spending more on healthcare related products etc.
The outbreak of COVID-19 pandemic had an overall negative impact on most industries across Indonesia including the magnesium hydroxide market too primarily due to disruption caused at both supply chain level along with weakened financial condition of households which led them towards spending less on discretionary items like pharmaceuticals products containing this element thereby affecting sales negatively impacting revenues generated by companies operating in this sector.
However there are some challenges faced by manufacturers operating in Indonesia magnesium hydrate market mainly arising out of availability issues along with higher costs involved when compared against alternatives available domestically thus limiting their reach among lower end consumers who prefer using cheaper substitutes instead whenever possible.
The key players dominating the Indonesia Market include PT BASF INDONESIA , INDOCHEMIE GROUP , PT KIMIA FARMA , CALTEX CHEMICALS ASIA PTE LTD , YUANKANG CORPORATION LIMITED 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 Magnesium Hydroxide Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Magnesium Hydroxide Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Magnesium Hydroxide Market - Industry Life Cycle |
3.4 Indonesia Magnesium Hydroxide Market - Porter's Five Forces |
3.5 Indonesia Magnesium Hydroxide Market Revenues & Volume Share, By By Application, 2021 & 2031F |
4 Indonesia Magnesium Hydroxide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Magnesium Hydroxide Market Trends |
6 Indonesia Magnesium Hydroxide Market, By Types |
6.1 Indonesia Magnesium Hydroxide Market, By By Application |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Magnesium Hydroxide Market Revenues & Volume, By By Application, 2021-2031F |
6.1.3 Indonesia Magnesium Hydroxide Market Revenues & Volume, By Environmental, 2021-2031F |
6.1.4 Indonesia Magnesium Hydroxide Market Revenues & Volume, By Flue-gas Desulphurization, 2021-2031F |
6.1.5 Indonesia Magnesium Hydroxide Market Revenues & Volume, By Wastewater Treatment, 2021-2031F |
6.1.6 Indonesia Magnesium Hydroxide Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.1.7 Indonesia Magnesium Hydroxide Market Revenues & Volume, By Chemicals & Others, 2021-2031F |
6.1.8 Indonesia Magnesium Hydroxide Market Revenues & Volume, By Flame Retardants, 2021-2031F |
7 Indonesia Magnesium Hydroxide Market Import-Export Trade Statistics |
7.1 Indonesia Magnesium Hydroxide Market Export to Major Countries |
7.2 Indonesia Magnesium Hydroxide Market Imports from Major Countries |
8 Indonesia Magnesium Hydroxide Market Key Performance Indicators |
9 Indonesia Magnesium Hydroxide Market - Opportunity Assessment |
9.1 Indonesia Magnesium Hydroxide Market Opportunity Assessment, By By Application, 2021 & 2031F |
10 Indonesia Magnesium Hydroxide Market - Competitive Landscape |
10.1 Indonesia Magnesium Hydroxide Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Magnesium Hydroxide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |