Product Code: ETC081827 | 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 Phenolic Resins market currently, in 2023, has witnessed an HHI of 1482, Which has decreased slightly as compared to the HHI of 1663 in 2017. The market is moving towards highly competitive. 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.
The Indonesia phenolic resins market is slowly but steadily gaining traction in the Southeast Asia region. This growth can be attributed to several factors such as increasing demand for laminates, adhesives and other products from the furniture and construction industries. Additionally, growing environmental concerns have led to an increase in demand for bio-based polymers which are seen as a viable alternative to petrochemical derived plastics. Moreover, stringent regulations imposed by the Indonesian government on VOCs (Volatile Organic Compounds) has also been driving this market`s growth. Furthermore, increased foreign investments in various sectors within Indonesia has created new opportunities for players within this industry.
? Rising Demand For Laminate & Adhesive Products In The Furniture & Construction Industries ? The increasing demand for laminate flooring, wall panels and adhesive products across both residential and commercial settings is driving sales of phenolic resins within these markets significantly. In addition, with more people embracing sustainable living options such as using wood-plastic composite materials instead of traditional wood or plastic materials for outdoor decking applications has further added fuel to this segment?s growth prospects over recent years.
? Growing Environmental Concerns Leading To Increase In Bio-Based Polymer Use ? Increasing awareness about climate change along with governments imposing stricter rules on emissions of air pollutants have resulted in a shift towards renewable energy sources like bio-based polymers made from vegetable oils or animal fats instead of petrochemicals extracted through fossil fuels resulting into cleaner production processes within the manufacturing sector . This shift towards ecofriendly products is expected propel revenue generation potential during the forecast period.
? Low Cost Of Substitute Materials Such As PVC And ABS Could Hamper Growth Prospects - The availability of low cost substitutes such as PVC (Polyvinyl Chloride) and ABS (Acrylonitrile Butadiene Styrene), coupled with their superior properties make them attractive alternatives when compared against phenol based resin sourced material leading to reduced sales volume threatening overall market progress during 2025?2031 timeline
? Expansion Of Automotive Sector Will Offer Significant Growth Potential - With rising disposable incomes among citizens coupled with improved road infrastructure development projects being undertaken by national authorities will result into higher automotive vehicle ownership thus opening up avenues worth exploring while expanding product portfolios offered
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 Phenolic Resins Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Phenolic Resins Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Phenolic Resins Market - Industry Life Cycle |
3.4 Indonesia Phenolic Resins Market - Porter's Five Forces |
3.5 Indonesia Phenolic Resins Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Indonesia Phenolic Resins Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Indonesia Phenolic Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Phenolic Resins Market Trends |
6 Indonesia Phenolic Resins Market, By Types |
6.1 Indonesia Phenolic Resins Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Phenolic Resins Market Revenues & Volume, By Product, 2018 - 2031F |
6.1.3 Indonesia Phenolic Resins Market Revenues & Volume, By Novolac, 2018 - 2031F |
6.1.4 Indonesia Phenolic Resins Market Revenues & Volume, By Resol, 2018 - 2031F |
6.1.5 Indonesia Phenolic Resins Market Revenues & Volume, By Others, 2018 - 2031F |
6.2 Indonesia Phenolic Resins Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Phenolic Resins Market Revenues & Volume, By Wood Adhesives, 2018 - 2031F |
6.2.3 Indonesia Phenolic Resins Market Revenues & Volume, By Molding, 2018 - 2031F |
6.2.4 Indonesia Phenolic Resins Market Revenues & Volume, By Insulation, 2018 - 2031F |
6.2.5 Indonesia Phenolic Resins Market Revenues & Volume, By Laminates, 2018 - 2031F |
6.2.6 Indonesia Phenolic Resins Market Revenues & Volume, By Paper Impregnation, 2018 - 2031F |
6.2.7 Indonesia Phenolic Resins Market Revenues & Volume, By Coatings, 2018 - 2031F |
7 Indonesia Phenolic Resins Market Import-Export Trade Statistics |
7.1 Indonesia Phenolic Resins Market Export to Major Countries |
7.2 Indonesia Phenolic Resins Market Imports from Major Countries |
8 Indonesia Phenolic Resins Market Key Performance Indicators |
9 Indonesia Phenolic Resins Market - Opportunity Assessment |
9.1 Indonesia Phenolic Resins Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Indonesia Phenolic Resins Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Indonesia Phenolic Resins Market - Competitive Landscape |
10.1 Indonesia Phenolic Resins Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Phenolic Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |