Product Code: ETC194260 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The Indonesia Mercury Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 11.86% in 2028, following an initial rate of 8.76%, before easing to 11.66% at the end of the period.
Indonesia's Mercury market is anticipated to experience a high growth rate of 11.14% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
Indonesia is one of the world`s largest consumers and producers of mercury. The use of mercury in Indonesia has been linked to artisanal and small-scale gold mining (ASGM), which accounts for up to 30 percent of total national gold production, according to some estimates. Mercury has traditionally been used by ASGM operators as a low-cost method for separating gold from ore. Despite being banned since 2014, mercury continues to be widely used today in ASGM activities due largely to its affordability relative to other available technologies.
Recent trends suggest that illegal trade in mercury is on the rise in Indonesia, primarily driven by increasing demand from ASGM operators seeking cheaper sources than those legally imported into the country for legitimate uses such as dental amalgam or fluorescent light bulbs. Additionally, there have been reports of large scale smuggling operations involving shipments originating outside Southeast Asia targeting Indonesia markets with large quantities of illicitly sourced mercurial products. These trends highlight an urgent need for increased efforts towards enforcing existing regulations related to both legal and illegal use and trade of this highly toxic substance.
The main drivers behind the continued use and misuse of mercury in Indonesia are economic incentives created by a lack of viable alternatives combined with weak enforcement efforts around existing restrictions on usage or sale thereof. In addition, many local communities see little incentive or opportunity cost associated with engaging in these unregulated practices given their limited access to capital resources necessary for investing into alternative methods such as cyanide leaching or ?cleaner? processes like gravity separation systems which are generally more expensive upfront but can provide long term health benefits down the road through reduced exposure levels among miners working near tailings dumps containing potentially hazardous chemicals including arsenic and lead along with elemental mercury itself.
The COVID-19 pandemic has had an unprecedented impact on global economies including those within Indonesia where many industries have seen dramatic decreases in output resulting from government mandated lockdowns enforced over the past year+. This situation has presented additional challenges towards regulating unlawful activities such as informal mining operations using unauthorized sources/methods/equipment when it comes time searching out low cost solutions during times financial hardship while also providing further opportunities smugglers who seek capitalize upon diminished oversight capabilities at various checkpoints throughout region creating heightened risk potential public health issues surrounding exposure hazards associated direct contact extended periods duration between personnel responsible patrolling borders tightening security protocols monitoring movements goods across jurisdiction boundaries etcetera.
The use of mercury is highly regulated due to its toxic nature, yet it remains widely used due to the lack of viable alternatives in many industries. Furthermore, Indonesia has seen rising consumer concerns regarding environmental sustainability which has led to some restrictions on the use of mercury in certain applications such as jewelry making and electronics manufacturing. Additionally, there are increasing costs associated with sourcing mercury from suppliers abroad as well as a lack of domestic sources leading to price volatility within the Indonesia market.
The key players in IndonesiaMercury market include international corporations such as Merck KGaA and Covestro AG who are involved in various aspects ranging from mining operations through to recycling services. In addition local companies like PT Kimia Farma Tbk provide medical-grade elemental mercury for industrial uses while PT Timah Tbk produces cinnabar ore which can be processed into metallic form for various uses including gold amalgamation processes employed by artisans and small scale miners throughout Indonesia.
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 Mercury Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Mercury Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Mercury Market - Industry Life Cycle |
3.4 Indonesia Mercury Market - Porter's Five Forces |
3.5 Indonesia Mercury Market Revenues & Volume Share, By By Application, 2021 & 2031F |
4 Indonesia Mercury Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Mercury Market Trends |
6 Indonesia Mercury Market, By Types |
6.1 Indonesia Mercury Market, By By Application |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Mercury Market Revenues & Volume, By By Application, 2021-2031F |
6.1.3 Indonesia Mercury Market Revenues & Volume, By Chemical manufacturing, 2021-2031F |
6.1.4 Indonesia Mercury Market Revenues & Volume, By Artisanal gold mining, 2021-2031F |
6.1.5 Indonesia Mercury Market Revenues & Volume, By Batteries, 2021-2031F |
6.1.6 Indonesia Mercury Market Revenues & Volume, By Dentistry, 2021-2031F |
6.1.7 Indonesia Mercury Market Revenues & Volume, By Measurement And Control Devices, 2021-2031F |
6.1.8 Indonesia Mercury Market Revenues & Volume, By Electrical and lighting, 2021-2031F |
7 Indonesia Mercury Market Import-Export Trade Statistics |
7.1 Indonesia Mercury Market Export to Major Countries |
7.2 Indonesia Mercury Market Imports from Major Countries |
8 Indonesia Mercury Market Key Performance Indicators |
9 Indonesia Mercury Market - Opportunity Assessment |
9.1 Indonesia Mercury Market Opportunity Assessment, By By Application, 2021 & 2031F |
10 Indonesia Mercury Market - Competitive Landscape |
10.1 Indonesia Mercury Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Mercury Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |