Product Code: ETC199180 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
Indonesia sodium thiocyanate market is anticipated to witness significant growth over the forecast period. Sodium thiocyanate is an inorganic compound composed of sodium, sulfur and cyanide ions. It is commercially available as a white crystalline powder with a sweet taste and used as an ingredient in various pharmaceutical applications. The increasing demand for personal care products due to rising disposable income coupled with growing awareness about health among consumers are some of the factors driving the growth of Indonesia sodium thiocyanate market. Moreover, technological advancements such as natural dye extraction from plants which require low cost reagents have been encouraging manufacturers to expand their presence.
The global rise in demand for organic products has also led to increased production of natural dyes extracted from plants; thus favoring the use of reagents like sodium thiocyanate during extraction processes. Furthermore, stringent government regulations on chemical compositions employed while manufacturing personal care products have encouraged key players operating in this industry to select safe ingredients leading to higher usage rate for the product being discussed herein offering further impetus to its market size estimation over foreseeable future.. Additionally, development across agrochemical industries such as pesticides has added fuel to its scope owing its application in formulations used therein spurring revenue generation opportunities associated.
In recent times, rising consumer spending power along with changing lifestyle preferences especially among young population groups including millennials & Gen Z are propelling sales within personal care sector worldwide thereby augmenting requirement for quality raw materials like sodium thiocyanate aiding overall segmental expansion significantly through 2031 end. Additionally, mounting environmental concerns pertaining release of hazardous chemicals into atmosphere while formulating or producing synthetic dyes has gained major traction across many countries giving birth numerous new technologies that seek accurate color & hue without using those chemicals fuelling uptake rates even more positively throughout the analysis timeline. These aforesaid trends combined will be providing favorable environment towards global landscape progression promoting healthy.
The current COVID-19 pandemic has disrupted almost every aspect of daily life resulting in severe economic recession around world dragging down entire supply chain activities leading towards acute shortage/unavailability issues upstream i.e., at manufacturer level affecting production rates ultimately hampering overall demand volumes negatively over short.
Major challenges faced by the Indonesia Sodium Thiocyanate Market include limited availability of raw materials due to lack of local manufacturing capabilities; volatility in global prices; complex regulatory framework; fluctuating exchange rates; high transportation cost for imports and exports etc.
Some of the key players operating in the Indonesia Sodium Thiocyanate Market include PT Kimia Farma (Persero) Tbk., PT Merck Indonesia Tbk., PT Sinar Sosro Group (Sinar Mas Group), China National BlueStar Co Ltd., Daicel Corporation, Solvay SA , AkzoNobel N.V., Clariant AG , BASF SE , Evonik Industries AG among others.
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 Thiocyanate Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Sodium Thiocyanate Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Sodium Thiocyanate Market - Industry Life Cycle |
3.4 Indonesia Sodium Thiocyanate Market - Porter's Five Forces |
3.5 Indonesia Sodium Thiocyanate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Indonesia Sodium Thiocyanate Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Indonesia Sodium Thiocyanate Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Indonesia Sodium Thiocyanate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Sodium Thiocyanate Market Trends |
6 Indonesia Sodium Thiocyanate Market, By Types |
6.1 Indonesia Sodium Thiocyanate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Sodium Thiocyanate Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Indonesia Sodium Thiocyanate Market Revenues & Volume, By Industrial Grade, 2021-2031F |
6.1.4 Indonesia Sodium Thiocyanate Market Revenues & Volume, By Technical Grade, 2021-2031F |
6.1.5 Indonesia Sodium Thiocyanate Market Revenues & Volume, By Pharmaceutical Grade, 2021-2031F |
6.2 Indonesia Sodium Thiocyanate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Sodium Thiocyanate Market Revenues & Volume, By Chemical Analysis Reagent, 2021-2031F |
6.2.3 Indonesia Sodium Thiocyanate Market Revenues & Volume, By Polyacrylonitrile Fiber Spinning Solvent, 2021-2031F |
6.2.4 Indonesia Sodium Thiocyanate Market Revenues & Volume, By Color Film Rinses, 2021-2031F |
6.2.5 Indonesia Sodium Thiocyanate Market Revenues & Volume, By Defoliants, 2021-2031F |
6.2.6 Indonesia Sodium Thiocyanate Market Revenues & Volume, By Propylene Fiber, 2021-2031F |
6.3 Indonesia Sodium Thiocyanate Market, By Vertical |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Sodium Thiocyanate Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.3.3 Indonesia Sodium Thiocyanate Market Revenues & Volume, By Construction, 2021-2031F |
6.3.4 Indonesia Sodium Thiocyanate Market Revenues & Volume, By Fiber, 2021-2031F |
6.3.5 Indonesia Sodium Thiocyanate Market Revenues & Volume, By Agriculture, 2021-2031F |
6.3.6 Indonesia Sodium Thiocyanate Market Revenues & Volume, By Others, 2021-2031F |
7 Indonesia Sodium Thiocyanate Market Import-Export Trade Statistics |
7.1 Indonesia Sodium Thiocyanate Market Export to Major Countries |
7.2 Indonesia Sodium Thiocyanate Market Imports from Major Countries |
8 Indonesia Sodium Thiocyanate Market Key Performance Indicators |
9 Indonesia Sodium Thiocyanate Market - Opportunity Assessment |
9.1 Indonesia Sodium Thiocyanate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Indonesia Sodium Thiocyanate Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Indonesia Sodium Thiocyanate Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Indonesia Sodium Thiocyanate Market - Competitive Landscape |
10.1 Indonesia Sodium Thiocyanate Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Sodium Thiocyanate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |