Product Code: ETC089387 | 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 Oxalic acid Market is poised for steady growth rate improvements from 2025 to 2029. From 6.73% in 2025, the growth rate steadily ascends to 8.85% in 2029.
The Oxalic acid market in Indonesia is projected to grow at a growing growth rate of 7.87% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
Indonesia is the world fourth most populous country and the largest economy in Southeast Asia. It has a significant market for oxalic acid, used mainly as an agriculture-based intermediate chemical and also widely used in other industries such as leather tanning, printing, dyeing, pharmaceuticals etc. Increasing demand from these sectors has been driving growth of oxalic acid market in Indonesia over the past few years. The country?s export value of oxalic acid was estimated to be around $203 million in 2025.
The growing consumption of oxalic acid by various industries owing to its properties such as corrosion inhibition & rust removal properties is expected to drive growth of Indonesia Oxalic Acid Market during forecast period (2025-2031). Furthermore, increasing demand for organic products from consumers due to its eco-friendly nature is likely to contribute towards growth of this market. Growing application areas are further boosting sales volumes across various applications leading to increased production capacity and availability in the region. Additionally, increasing investments by government agencies towards research & development activities related with usage of oxalic acid will further support revenue growth during forecast period(2025-2031).
The major driver behind increase in demand for Oxalic Acid includes rising industrialization coupled with rapidly developing infrastructure which leads into rise in number manufacturing units all over Indonesia hence creating higher potential opportunities for Oxalic Acid producers/manufacturers operating presentin Indonesia or global players targeting Indonesia markets. In addition, strong economic conditions providing financial stability act like catalyst that boost up purchase power resulting higher disposable incomes enabling more people opting luxurious lifestyle thus demanding quality products including goods made using components containing Oxlac Acid. Moreover, stringent environmental regulations set down by Government adding onto cost pressure on manufacturers while picking up alternative substitutes like Oxlac Acid which provide similar performance at lesser price point than traditional solutions helps them minimize their operational costs. Furthermore, proactive approach taken by different Goverment Agencies involved with R&D studies related with usage of Oxlac Acid so asto comeupwith betteror improved versions offers multitude benefitsto those looking forward topur chase it eitherengaged innasbject field or general public uses associated products offering numerous benefits helpingthismarket gain tractionat rapidpace.
The COVID-19 pandemic has had a major impact on the Indonesia oxalic acid market. The production and sale of oxalic acid have been significantly affected due to the lockdown imposed by the government to prevent further spread of the virus. This has caused disruption in supply chains and hampered trade activities, leading to reduced demand for this product. Furthermore, manufacturers are facing high costs associated with maintaining hygiene and safety protocols during production as well as ensuring social distancing measures at their factories.
The major challenge faced by players in the Indonesia oxalic acid market is meeting customer demands while also adhering to increased regulatory requirements pertaining to environment protection laws and health & safety standards set by local authorities. Additionally, fluctuations in raw material prices can lead to an increase in end-product prices which can adversely affect sales volumes particularly among price sensitive customers such as small enterprises or households that rely heavily on these products for their daily operations.
Some key players operating in Indonesia Oxalic Acid Market include PT Sirocco Chemicals, PT DKSH Indonesia, PT Indorama Ventures Plc., YK Chemic Co Ltd., Loba Chemie Pvt Ltd., Anhui Jin`ao Chemical Co Ltd., Acuro Organics Limited etc. These companies offer various grades of OA depending upon its application areas ranging from industrial cleaning agents/rust removers, leather tanning agents/dyes intermediates 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 Oxalic acid Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Oxalic acid Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Oxalic acid Market - Industry Life Cycle |
3.4 Indonesia Oxalic acid Market - Porter's Five Forces |
3.5 Indonesia Oxalic acid Market Revenues & Volume Share, By Product Grade, 2021 & 2031F |
3.6 Indonesia Oxalic acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Indonesia Oxalic acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Oxalic acid Market Trends |
6 Indonesia Oxalic acid Market, By Types |
6.1 Indonesia Oxalic acid Market, By Product Grade |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Oxalic acid Market Revenues & Volume, By Product Grade, 2018 - 2031F |
6.1.3 Indonesia Oxalic acid Market Revenues & Volume, By Dihydrate, 2018 - 2031F |
6.1.4 Indonesia Oxalic acid Market Revenues & Volume, By Anhydrous, 2018 - 2031F |
6.1.5 Indonesia Oxalic acid Market Revenues & Volume, By Solution, 2018 - 2031F |
6.2 Indonesia Oxalic acid Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Oxalic acid Market Revenues & Volume, By Pharmaceutical, 2018 - 2031F |
6.2.3 Indonesia Oxalic acid Market Revenues & Volume, By Rare Earth Sampling, 2018 - 2031F |
6.2.4 Indonesia Oxalic acid Market Revenues & Volume, By Metal Processing, 2018 - 2031F |
6.2.5 Indonesia Oxalic acid Market Revenues & Volume, By Agriculture, 2018 - 2031F |
6.2.6 Indonesia Oxalic acid Market Revenues & Volume, By Chemicals, 2018 - 2031F |
6.2.7 Indonesia Oxalic acid Market Revenues & Volume, By Textile & leather, 2018 - 2031F |
7 Indonesia Oxalic acid Market Import-Export Trade Statistics |
7.1 Indonesia Oxalic acid Market Export to Major Countries |
7.2 Indonesia Oxalic acid Market Imports from Major Countries |
8 Indonesia Oxalic acid Market Key Performance Indicators |
9 Indonesia Oxalic acid Market - Opportunity Assessment |
9.1 Indonesia Oxalic acid Market Opportunity Assessment, By Product Grade, 2021 & 2031F |
9.2 Indonesia Oxalic acid Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Indonesia Oxalic acid Market - Competitive Landscape |
10.1 Indonesia Oxalic acid Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Oxalic acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |