Product Code: ETC086927 | 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 one of the world?s largest producers and exporters of magnesium sulfate, commonly known as Epsom salts. Magnesium sulfate (MgSO4) is a white crystalline solid that is widely used in fertilizers, pharmaceuticals, animal feed additives, food products and other industrial applications. The compound is also used to treat certain medical conditions such as eclampsia during pregnancy and can be found naturally occurring in some mineral springs.
The demand for magnesium sulfate has been on the rise due to its various uses across industries from agriculture to medicine. In Indonesia, magnesium sulfate exports have continued to increase over the past few years thanks to favorable global economic conditions along with government initiatives aimed at promoting agri-businesses in rural areas where production of this compound takes place on a large scale. Additionally, rising disposable incomes among consumers have boosted consumption levels for MgSO4 based products such as Epsom salts which are often used by people for health purposes including relaxation baths or muscle relief treatments. Furthermore, increasing awareness about environmental concerns has created new opportunities for manufacturers who produce non-polluting forms of MgSO4 like those derived from seawater or waste streams from desalination plants.
There are several factors driving growth in the Indonesia magnesium sulfate market including rising agricultural output due to an expanding population base coupled with increased investment in research and development into fertilizers containing MgS04; growing urbanization rates leading to higher domestic demand; increasing use of MgS04 as dietary supplement especially amongst athletes; favorable trade policies enabling easier access to export markets; and greater investments being made into green technology allowing more efficient production techniques. Additionally, recent government initiatives aimed at encouraging agro business activities within rural regions have further spurred growth prospects within this sector overall making it an attractive destination for investors looking for higher returns on their capital investments given current macroeconomic conditions prevailing globally.
The COVID-19 pandemic has had a negative impact on many businesses around the world but fortunately the effects haven?t been too severe on Indonesia Magnesium Sulfate Market due mainly because most manufacturing processes still go ahead despite restrictions imposed by governments worldwide while international shipping companies remain operational even though they must comply with additional safety protocols put forth by authorities when crossing borders between countries.
The main challenge for the Indonesia magnesium sulfate market is sourcing. This is due to limited local supply of raw materials and low production capacity. In addition, there is a lack of infrastructure, which makes it difficult for companies to transport raw materials as well as finished products. Furthermore, stringent environmental regulations are making it hard for producers to obtain licenses and permits in Indonesia.
Some key players in the Indonesia magnesium sulfate market include PT Agincourt Resources (Indo Molychem), PT Pupuk Kujang (PT Agincourt Resources), Indo Sulfat Utama Jaya Abadi, PT Dharma Putra Indah Sejahtera and Indo Acidarta Prima Chemicals.
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 Sulphate Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Magnesium Sulphate Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Magnesium Sulphate Market - Industry Life Cycle |
3.4 Indonesia Magnesium Sulphate Market - Porter's Five Forces |
3.5 Indonesia Magnesium Sulphate Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Indonesia Magnesium Sulphate Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.7 Indonesia Magnesium Sulphate Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Indonesia Magnesium Sulphate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Magnesium Sulphate Market Trends |
6 Indonesia Magnesium Sulphate Market, By Types |
6.1 Indonesia Magnesium Sulphate Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Magnesium Sulphate Market Revenues & Volume, By Form, 2018 - 2031F |
6.1.3 Indonesia Magnesium Sulphate Market Revenues & Volume, By Crystal, 2018 - 2031F |
6.1.4 Indonesia Magnesium Sulphate Market Revenues & Volume, By Powder, 2018 - 2031F |
6.1.5 Indonesia Magnesium Sulphate Market Revenues & Volume, By Granules, 2018 - 2031F |
6.2 Indonesia Magnesium Sulphate Market, By Types |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Magnesium Sulphate Market Revenues & Volume, By Heptahydrate, 2018 - 2031F |
6.2.3 Indonesia Magnesium Sulphate Market Revenues & Volume, By Anhydrous, 2018 - 2031F |
6.2.4 Indonesia Magnesium Sulphate Market Revenues & Volume, By Monohydrate, 2018 - 2031F |
6.2.5 Indonesia Magnesium Sulphate Market Revenues & Volume, By Others, 2018 - 2031F |
6.3 Indonesia Magnesium Sulphate Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Magnesium Sulphate Market Revenues & Volume, By Fertilizer, 2018 - 2031F |
6.3.3 Indonesia Magnesium Sulphate Market Revenues & Volume, By Medical, 2018 - 2031F |
6.3.4 Indonesia Magnesium Sulphate Market Revenues & Volume, By Food Additive, 2018 - 2031F |
6.3.5 Indonesia Magnesium Sulphate Market Revenues & Volume, By Industrial, 2018 - 2031F |
6.3.6 Indonesia Magnesium Sulphate Market Revenues & Volume, By Chemical, 2018 - 2031F |
6.3.7 Indonesia Magnesium Sulphate Market Revenues & Volume, By Others, 2018 - 2031F |
7 Indonesia Magnesium Sulphate Market Import-Export Trade Statistics |
7.1 Indonesia Magnesium Sulphate Market Export to Major Countries |
7.2 Indonesia Magnesium Sulphate Market Imports from Major Countries |
8 Indonesia Magnesium Sulphate Market Key Performance Indicators |
9 Indonesia Magnesium Sulphate Market - Opportunity Assessment |
9.1 Indonesia Magnesium Sulphate Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Indonesia Magnesium Sulphate Market Opportunity Assessment, By Types, 2021 & 2031F |
9.3 Indonesia Magnesium Sulphate Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Indonesia Magnesium Sulphate Market - Competitive Landscape |
10.1 Indonesia Magnesium Sulphate Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Magnesium Sulphate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |