Product Code: ETC345688 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Indonesia Saturated Polyester Resin Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 8.34% in 2025, the growth rate steadily ascends to 10.52% in 2029.
By 2027, Indonesia's Saturated Polyester Resin market is forecasted to achieve a growing growth rate of 9.61%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
The Indonesia Saturated Polyester Resin market is anticipated to expand due to its versatile applications in coatings, adhesives, and composite materials. With industries such as automotive, construction, and electronics driving demand, the market`s growth is linked to broader economic trends. As sustainable and high-performance materials gain prominence, saturated polyester resin manufacturers might focus on developing eco-friendly and innovative solutions.
The Indonesia Saturated Polyester Resin market is experiencing growth driven by several factors. Firstly, the construction and automotive industries have seen significant expansion, leading to a higher demand for saturated polyester resins in coatings, composites, and adhesives. These resins offer durability and versatility, making them suitable for various applications. Additionally, the growing awareness of sustainability and environmental concerns has prompted the adoption of green technologies and materials, including bio-based saturated polyester resins. Furthermore, research and development efforts to enhance the properties and applications of these resins have opened up new market opportunities. Finally, the government`s initiatives to support local manufacturing and reduce import dependence have further propelled the growth of the saturated polyester resin market in Indonesia.
The Indonesia Saturated Polyester Resin Market faces various challenges related to raw material costs, competition, and environmental regulations. Volatility in the prices of key raw materials, such as petrochemical derivatives, can affect the cost structure and profitability of resin manufacturers. Increasing competition from alternative resins like epoxy and polyurethane requires ongoing innovation to differentiate products and meet specific industry needs. Environmental regulations, especially concerning emissions and waste disposal, necessitate investments in sustainable and environmentally friendly production processes. Quality control and adherence to industry standards remain critical challenges to ensure product consistency and market trust.
The resin market faced challenges due to supply chain disruptions and reduced manufacturing activities during lockdowns. The market may have seen varying impacts across different applications.
In the Indonesia Saturated Polyester Resin market, notable players are PT Arindo Pacific Chemicals, PT Tridomain Performance Materials, and PT Panca Duta Jaya Rucika. They are leading producers of saturated polyester resins used in various industries, including coatings, adhesives, and composites.
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 Saturated Polyester Resin Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Saturated Polyester Resin Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Saturated Polyester Resin Market - Industry Life Cycle |
3.4 Indonesia Saturated Polyester Resin Market - Porter's Five Forces |
3.5 Indonesia Saturated Polyester Resin Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Indonesia Saturated Polyester Resin Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Indonesia Saturated Polyester Resin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Saturated Polyester Resin Market Trends |
6 Indonesia Saturated Polyester Resin Market, By Types |
6.1 Indonesia Saturated Polyester Resin Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Saturated Polyester Resin Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Indonesia Saturated Polyester Resin Market Revenues & Volume, By Liquid, 2021-2031F |
6.1.4 Indonesia Saturated Polyester Resin Market Revenues & Volume, By Solid, 2021-2031F |
6.2 Indonesia Saturated Polyester Resin Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Saturated Polyester Resin Market Revenues & Volume, By Powder Coatings, 2021-2031F |
6.2.3 Indonesia Saturated Polyester Resin Market Revenues & Volume, By Industrial Paints, 2021-2031F |
6.2.4 Indonesia Saturated Polyester Resin Market Revenues & Volume, By Coil & Can Coatings, 2021-2031F |
6.2.5 Indonesia Saturated Polyester Resin Market Revenues & Volume, By Automotive Paints, 2021-2031F |
6.2.6 Indonesia Saturated Polyester Resin Market Revenues & Volume, By Flexible Packaging, 2021-2031F |
6.2.7 Indonesia Saturated Polyester Resin Market Revenues & Volume, By 2k PU Coatings, 2021-2031F |
7 Indonesia Saturated Polyester Resin Market Import-Export Trade Statistics |
7.1 Indonesia Saturated Polyester Resin Market Export to Major Countries |
7.2 Indonesia Saturated Polyester Resin Market Imports from Major Countries |
8 Indonesia Saturated Polyester Resin Market Key Performance Indicators |
9 Indonesia Saturated Polyester Resin Market - Opportunity Assessment |
9.1 Indonesia Saturated Polyester Resin Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Indonesia Saturated Polyester Resin Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Indonesia Saturated Polyester Resin Market - Competitive Landscape |
10.1 Indonesia Saturated Polyester Resin Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Saturated Polyester Resin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |