Product Code: ETC100367 | 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 Pentaerythritol Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 3.08% in 2025, the growth rate steadily ascends to 4.47% in 2029.
The Pentaerythritol market in Indonesia is projected to grow at a stable growth rate of 3.73% 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.
Pentaerythritol is an organic compound composed of five carbon atoms connected to eight hydroxyl groups. It is widely used in a variety of industrial applications, including the production of paints, plastics and explosives. In Indonesia, pentaerythritol has been predominately used as a chemical intermediate for the manufacture of resins and alkyd coatings in the construction industry due to its low cost.
In recent years, there has been increasing demand for pentaerythritol from paint companies in Indonesia due to rising urbanization rates across the country and government initiatives such as ?One Million Houses? which are designed to increase housing availability. This has resulted in greater use of paints containing pentaerythritol thereby increasing sales volume within the domestic market. Additionally, increased environmental awareness among consumers has seen demand grow for water based paints with improved weathering resistance properties which require higher levels of pentaerythritol content than traditional solvent based products.
The main drivers behind growth in Indonesia Pentaerythritol market include increasing public infrastructure developments such as roads, bridges and airports; rapid urbanization; government initiatives promoting energy efficiency; growing consumer preference for eco-friendly products; technological advancements that offer more efficient solutions; increased competition resulting in lower prices; along with expansion into international markets facilitated by free trade agreements between countries like China and India.
The pandemic has had a major impact on the Indonesia pentaerythritol market. Due to the global economic downturn, demand for this chemical has declined as downstream consumers have cut back their production activities. Additionally, Indonesia exports of pentaerythritol are also suffering due to restrictions imposed by countries and regions across the world, including China. This is further resulting in reduced revenue for domestic producers.
Some of the key challenges faced by players in the Indonesia pentaerythritol market include stiff competition from international suppliers, rising raw material costs such as crude oil derivatives and growing environmental concerns regarding its hazardous nature. Moreover, low awareness about applications of pentaerythritol among local industrial players is posing another challenge to industry growth prospects.
Key players operating in Indonesia Pentaerythril market include Maspion Group Berhad (Malaysia), PT Tohoma Mandiri (Indonesia), Kurnia Bahari Chemical Industries (Indonesia), PT Mitra Adyatama Plastik Prima (Indonesia) among others.
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 Pentaerythritol Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Pentaerythritol Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Pentaerythritol Market - Industry Life Cycle |
3.4 Indonesia Pentaerythritol Market - Porter's Five Forces |
3.5 Indonesia Pentaerythritol Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Indonesia Pentaerythritol Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.7 Indonesia Pentaerythritol Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Indonesia Pentaerythritol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Pentaerythritol Market Trends |
6 Indonesia Pentaerythritol Market, By Types |
6.1 Indonesia Pentaerythritol Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Pentaerythritol Market Revenues & Volume, By Type, 2018 - 2031F |
6.1.3 Indonesia Pentaerythritol Market Revenues & Volume, By Penaerythritol-95, 2018 - 2031F |
6.1.4 Indonesia Pentaerythritol Market Revenues & Volume, By Penaerythritol-98, 2018 - 2031F |
6.1.5 Indonesia Pentaerythritol Market Revenues & Volume, By Others, 2018 - 2031F |
6.2 Indonesia Pentaerythritol Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Pentaerythritol Market Revenues & Volume, By Alkyd Paints, 2018 - 2031F |
6.2.3 Indonesia Pentaerythritol Market Revenues & Volume, By Alkyd Inks, 2018 - 2031F |
6.2.4 Indonesia Pentaerythritol Market Revenues & Volume, By Alkyd Adhesives, 2018 - 2031F |
6.2.5 Indonesia Pentaerythritol Market Revenues & Volume, By Plasticizers, 2018 - 2031F |
6.2.6 Indonesia Pentaerythritol Market Revenues & Volume, By Alkyd Varnishes, 2018 - 2031F |
6.2.7 Indonesia Pentaerythritol Market Revenues & Volume, By Radiation Cure Coatings, 2018 - 2031F |
6.2.8 Indonesia Pentaerythritol Market Revenues & Volume, By Others, 2018 - 2031F |
6.2.9 Indonesia Pentaerythritol Market Revenues & Volume, By Others, 2018 - 2031F |
6.3 Indonesia Pentaerythritol Market, By End-use Industry |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Pentaerythritol Market Revenues & Volume, By Paints, 2018 - 2031F |
6.3.3 Indonesia Pentaerythritol Market Revenues & Volume, By Automobiles, 2018 - 2031F |
6.3.4 Indonesia Pentaerythritol Market Revenues & Volume, By Construction, 2018 - 2031F |
6.3.5 Indonesia Pentaerythritol Market Revenues & Volume, By Others, 2018 - 2031F |
7 Indonesia Pentaerythritol Market Import-Export Trade Statistics |
7.1 Indonesia Pentaerythritol Market Export to Major Countries |
7.2 Indonesia Pentaerythritol Market Imports from Major Countries |
8 Indonesia Pentaerythritol Market Key Performance Indicators |
9 Indonesia Pentaerythritol Market - Opportunity Assessment |
9.1 Indonesia Pentaerythritol Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Indonesia Pentaerythritol Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.3 Indonesia Pentaerythritol Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Indonesia Pentaerythritol Market - Competitive Landscape |
10.1 Indonesia Pentaerythritol Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Pentaerythritol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |