Product Code: ETC193420 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The Indonesia Sodium Dichromate Market is poised for steady growth rate improvements from 2025 to 2029. From 8.45% in 2025, the growth rate steadily ascends to 11.79% in 2029.
In the Asia region, the Sodium Dichromate market in Indonesia is projected to expand at a growing growth rate of 9.88% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
Indonesia sodium dichromate market is a growing market, driven by the increasing demand for chromium chemicals in the country. Sodium dichromate is an inorganic compound with a wide range of applications such as tanning and dyeing textiles, metal plating and alloy production. It is also used in various industries including paints & coatings, water treatment, pharmaceuticals, and leather processing. The rising government support to the chemical industry along with rapid industrialization has made Indonesia one of the leading producers of sodium dichromate.
The growth of the Indonesia sodium dichromate market is predominantly supported by its extensive use in paint & coating applications owing to its excellent corrosion resistance properties. Moreover, high investments are being made to expand existing capacities as well as development of new production units which will further boost up this market`s growth over the forecast period (2025-2031). Other factors such as increased focus on renewable energy sources have led manufacturers to explore opportunities to provide raw materials for solar cells manufacture which will contribute towards further strengthening this sector in Indonesia. Additionally, surging infrastructure development projects are contributing significantly towards driving up overall demand for chromium-based products like sodium diocynurate from local players which has been responsible for continuous expansion of this industry over recent years.
The increasing construction activities coupled with massive investments being taken into advance technologies across several end user sectors have resulted into strong sales figures for chromium based chemicals like that produced through electrolysis process i.e., potassium dicyanoaurirat (KDC) or caustic potash lye (CPT) from local vendors operating within Indonesia borders thus propelling up their revenues drastically while at same time boosting up consumption rates significantly throughout all major cities located here thereby pushing forward sustainable long term growth trajectories within countrywide markets associated thereto right now currently today.. Furthermore high levels environmental awareness among both consumers business owners alike combined lack cost effective alternatives available elsewhere makes it ideal choice purchase locally produced goods hence why many people opting go down route when need purchase said product due sheer convenience benefits derived therefrom doing so now days these days still continuing onwards coming along too soon future times ahead once again just yet again repeatedly containing contained herein.
The Indonesia sodium dichromate market has seen significant growth in recent years, mainly due to rising demand for chromium-based products and increasing production of certain industrial chemicals. The market is expected to further expand over the forecast period as well, aided by the country?s growing automotive sector and strong economic performance. However, this growth may be hampered by various challenges brought about by the COVID-19 pandemic such as supply chain disruptions, volatile raw material prices, and decreased consumer confidence.
However, there are certain challenges that may come along with this potential growth of Indonesia sodium dichromate market. Firstly, one of the major issues that might limit its wider adoption is its relatively high cost compared to other alternatives available in the market which can hinder wider penetration both among domestic consumers and exporters alike. Furthermore, rising environmental concerns associated with hazardous nature of this material could also hamper its further use over coming years thereby restricting overall growth prospects for Indonesia sodium dichromate market.
One of Indonesia key players in the sodium dichromate market is PT Berau Coal Energy Tbk., a subsidiary of Adaro Energy which produces industrial chemicals including sodium dichromate. Other major companies operating within this space include PT Indo Acidatama Chemical Industries (IACI), PT United Chemicals Indonesia (UCI), Anugerah Kimia Sejahtera (AKS) and Multi Nitrotama Kimia (MNK). These firms are likely to benefit from increased demand for their products due to continued economic expansion in Indonesia over the coming years.
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 Sodium Dichromate Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Sodium Dichromate Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Sodium Dichromate Market - Industry Life Cycle |
3.4 Indonesia Sodium Dichromate Market - Porter's Five Forces |
3.5 Indonesia Sodium Dichromate Market Revenues & Volume Share, By By Grade Type, 2021 & 2031F |
3.6 Indonesia Sodium Dichromate Market Revenues & Volume Share, By By Type, 2021 & 2031F |
3.7 Indonesia Sodium Dichromate Market Revenues & Volume Share, By By Application, 2021 & 2031F |
4 Indonesia Sodium Dichromate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Sodium Dichromate Market Trends |
6 Indonesia Sodium Dichromate Market, By Types |
6.1 Indonesia Sodium Dichromate Market, By By Grade Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Sodium Dichromate Market Revenues & Volume, By By Grade Type, 2021-2031F |
6.1.3 Indonesia Sodium Dichromate Market Revenues & Volume, By First grade, 2021-2031F |
6.1.4 Indonesia Sodium Dichromate Market Revenues & Volume, By Second grade, 2021-2031F |
6.1.5 Indonesia Sodium Dichromate Market Revenues & Volume, By Third grade, 2021-2031F |
6.1.6 Indonesia Sodium Dichromate Market Revenues & Volume, By Other, 2021-2031F |
6.2 Indonesia Sodium Dichromate Market, By By Type |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Sodium Dichromate Market Revenues & Volume, By Calcium Roasting, 2021-2031F |
6.2.3 Indonesia Sodium Dichromate Market Revenues & Volume, By Calcium-free Roasting, 2021-2031F |
6.2.4 Indonesia Sodium Dichromate Market Revenues & Volume, By Other, 2021-2031F |
6.3 Indonesia Sodium Dichromate Market, By By Application |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Sodium Dichromate Market Revenues & Volume, By Preparation of chromium compounds, 2021-2031F |
6.3.3 Indonesia Sodium Dichromate Market Revenues & Volume, By Metal Finishing, 2021-2031F |
6.3.4 Indonesia Sodium Dichromate Market Revenues & Volume, By Leather tanning, 2021-2031F |
6.3.5 Indonesia Sodium Dichromate Market Revenues & Volume, By Pigment, 2021-2031F |
6.3.6 Indonesia Sodium Dichromate Market Revenues & Volume, By Wood preservative, 2021-2031F |
7 Indonesia Sodium Dichromate Market Import-Export Trade Statistics |
7.1 Indonesia Sodium Dichromate Market Export to Major Countries |
7.2 Indonesia Sodium Dichromate Market Imports from Major Countries |
8 Indonesia Sodium Dichromate Market Key Performance Indicators |
9 Indonesia Sodium Dichromate Market - Opportunity Assessment |
9.1 Indonesia Sodium Dichromate Market Opportunity Assessment, By By Grade Type, 2021 & 2031F |
9.2 Indonesia Sodium Dichromate Market Opportunity Assessment, By By Type, 2021 & 2031F |
9.3 Indonesia Sodium Dichromate Market Opportunity Assessment, By By Application, 2021 & 2031F |
10 Indonesia Sodium Dichromate Market - Competitive Landscape |
10.1 Indonesia Sodium Dichromate Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Sodium Dichromate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |