Product Code: ETC092927 | 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 Potassium sulphate Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 3.70% in 2025, the growth rate steadily ascends to 5.17% in 2029.
Indonesia's Potassium sulphate market is anticipated to experience a stable growth rate of 4.46% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
Indonesia is the largest producer of potassium sulphate in Southeast Asia. It produces around 8,000 metric tonnes of potassium sulphate annually and is mostly used as a fertilizer for crops and plants due to its high concentration of sulfur and phosphorus. Potassium Sulphate has also been extensively used as an ingredient in agrochemical formulations such as insecticides, fungicides, herbicides and fertilizers. It has also found various other applications including glassmaking, resin manufacturing and dyeing processes among others.
In recent years there has been increasing demand for potassium sulphate from farmers who use it as a nutrient supplement for their soil. This trend can be attributed to the rising awareness level among agriculturalists about the importance of organic farming practices which require adequate supply of nutrients to ensure good crop yield without compromising on environmental health. Additionally, there has been an increase in research conducted on developing more efficient agrochemicals containing higher concentrations of this product that can help enhance yields while reducing costs associated with over-fertilizing or buying costly synthetic fertilizers with lower nitrogen content levels than potassium sulphates. Furthermore, Indonesia large population makes it ideal market for sales growth potential due its wide variety uses across industrial sectors such as food processing industry where are used widely in animal feed additives, textiles etc.
The growing awareness about sustainable agriculture practices coupled with technological advancements have positively impacted the production & consumption trends within Indonesia Potassium Sulphate market over past few years. Rising investments made by major players towards R&D activities aimed at formulating effective agrochemicals along with concerted efforts taken by government bodies to promote usage through subsidies & tax benefits will further bolster potential revenue opportunities available within this space during forecast timeline. Growing export activities related to production surplus obtained through domestic supply will continue driving growth prospects aligned with global scenario across foreseeable future.
The COVID-19 pandemic has disrupted the entire global potassium sulphate market, with Indonesia being no exception. The cascading effect of the pandemic on industries such as agriculture and industrial production has led to a decline in demand for this product. This disruption is likely to continue throughout 2025 due to supply chain disruptions and decreased demand from downstream sectors.
The biggest challenge currently faced by players in the Indonesia potassium sulphate market is the significant price volatility of raw materials used in its production. Additionally, stringent environmental regulations imposed by local governments have resulted in high taxation costs which further increases input prices and reduces profit margins. Moreover, low quality imported products flooding into the domestic market also hinders growth opportunities for local manufacturers as they are unable to compete with cheaper alternatives from abroad on pricing alone.
Some of the key players operating in Indonesia potassium sulphate market include PT Tirta Alam Segar (TAS), Pupuk Kaltim Berhad (PKSP) and Yara International AS (YARA). These companies have established themselves within the industry through innovative governance models combined with effective marketing strategies that allow them to capture a larger portion of both domestic and international markets despite various challenges posed by competitors both locally or internationally.
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 Potassium sulphate Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Potassium sulphate Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Potassium sulphate Market - Industry Life Cycle |
3.4 Indonesia Potassium sulphate Market - Porter's Five Forces |
3.5 Indonesia Potassium sulphate Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Indonesia Potassium sulphate Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.7 Indonesia Potassium sulphate Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Indonesia Potassium sulphate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Potassium sulphate Market Trends |
6 Indonesia Potassium sulphate Market, By Types |
6.1 Indonesia Potassium sulphate Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Potassium sulphate Market Revenues & Volume, By Form, 2018 - 2031F |
6.1.3 Indonesia Potassium sulphate Market Revenues & Volume, By Solid , 2018 - 2031F |
6.1.4 Indonesia Potassium sulphate Market Revenues & Volume, By Liquid , 2018 - 2031F |
6.2 Indonesia Potassium sulphate Market, By Process |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Potassium sulphate Market Revenues & Volume, By Mannheim Process, 2018 - 2031F |
6.2.3 Indonesia Potassium sulphate Market Revenues & Volume, By Sulphate Salts Reaction, 2018 - 2031F |
6.2.4 Indonesia Potassium sulphate Market Revenues & Volume, By Brine Processing, 2018 - 2031F |
6.2.5 Indonesia Potassium sulphate Market Revenues & Volume, By Others, 2018 - 2031F |
6.3 Indonesia Potassium sulphate Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Potassium sulphate Market Revenues & Volume, By Agriculture, 2018 - 2031F |
6.3.3 Indonesia Potassium sulphate Market Revenues & Volume, By Industrial, 2018 - 2031F |
6.3.4 Indonesia Potassium sulphate Market Revenues & Volume, By Pharmaceuticals, 2018 - 2031F |
6.3.5 Indonesia Potassium sulphate Market Revenues & Volume, By Cosmetics, 2018 - 2031F |
6.3.6 Indonesia Potassium sulphate Market Revenues & Volume, By Food & Beverages, 2018 - 2031F |
6.3.7 Indonesia Potassium sulphate Market Revenues & Volume, By Others, 2018 - 2031F |
7 Indonesia Potassium sulphate Market Import-Export Trade Statistics |
7.1 Indonesia Potassium sulphate Market Export to Major Countries |
7.2 Indonesia Potassium sulphate Market Imports from Major Countries |
8 Indonesia Potassium sulphate Market Key Performance Indicators |
9 Indonesia Potassium sulphate Market - Opportunity Assessment |
9.1 Indonesia Potassium sulphate Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Indonesia Potassium sulphate Market Opportunity Assessment, By Process, 2021 & 2031F |
9.3 Indonesia Potassium sulphate Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Indonesia Potassium sulphate Market - Competitive Landscape |
10.1 Indonesia Potassium sulphate Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Potassium sulphate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |