Product Code: ETC093227 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Indonesia recycled lead market is a growing industry that has been gaining attention due to the country?s huge population and increasing emphasis on environmental sustainability. With the aim to reduce pollution, Indonesia has stepped up efforts in recycling of lead for reuse. This is leading to an increase in demand for recycled lead from both domestic and international markets, as well as resulting in new businesses entering into this area.
Increasing awareness of environmental protection drives demand for recycled lead products. Growing consumption of electronic gadgets leads to more scrap metal being available for recycling purposes. Rise in investments made by companies towards innovations related to recycling technology also contribute to the growth of the industry.
The government of Indonesia continues to promote green initiatives such as waste management systems and incentivizing companies who are involved with sustainable practices like reusing metals through its various policies and regulations which provide support in developing a strong base for recycled lead market across the country. The presence of large amounts scrap metal coming from consumer electronics, automotive components etc is fuelling growth opportunities within this industry as these products can be processed further into usable forms after undergoing certain treatments at smelters or recyclers. This acts as a major driver influencing overall revenues generated from this segment along with providing employment opportunities across many regions throughout Indonesia.
The COVID-19 pandemic had caused disruption in raw material supply chain which affected product prices significantly during 2020-21 period causing economic recession all over world including Indonesia economy too making it difficult for manufacturers operating within their respective industries. In addition, social distancing norms mandated by authorities had forced people stay at home leading closure small scale foundries dealing with production processes associated with recycle metals thus heavily impacting overall sales & profit margins earned by players operating within Indonesia Recycled Lead market during past 1 year period.
High costs associated with transporting heavy materials makes it difficult & costly process hindering profits earned by SME?s engaged into recycle metals business specifically targeting rural areas located far away from urban centers. Lack Of Skilled Labor Force - Highly skilled technicians required carrying out tasks related operations involving processing & treatment ores obtained after collection post demolition sites lack availability posing challenge.
PT Antam Tbk ?PT ANTAM is one of the largest state owned integrated mining companies operating primarily throughout Indonesia with headquarters located in Jakarta.They specialize mainly in producing refined nickel, ferronickel, gold silver alloys etc with limited involvement also extending towards tin concentrate & zinc concentrates.Their main facility producing both primary & secondary metals is located at Cibinong near Bogor. Widya Wahana Abadi? Another large player based out Jakarta they specialize mainly towards processing various nonferrous metals like aluminum alloy ingots ,lead sheets/strips etc along with associated fabrication services.