Product Code: ETC191200 | 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 Sulfuric Acid Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 9.66% in 2025 and reaches 12.54% by 2029.
The Sulfuric Acid market in Indonesia is projected to grow at a high growth rate of 11.01% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
Indonesia sulfuric acid market is estimated to witness healthy growth over the forecast period. The rising demand from key end-use industries such as paper & pulp, fertilizer, chemical processing and mining is expected to drive the growth of this market. Moreover, increasing investments in infrastructure development coupled with stringent environmental regulations are anticipated to propel the demand for sulfuric acid in Indonesia.
The growing utilization of sulfuric acid in oil refineries and wastewater treatment plants has been driving the demand for this product in Indonesia. Additionally, introduction of new applications such as food additives and air pollution control systems is also fuelling its use across various sectors. Increasing use of sulfuric acid by automotive industry due to its high corrosive properties for manufacturing batteries will further support the growth prospects during the forecast period.
Rising industrialization and urbanization are some of the major factors contributing towards increased production activities in Indonesia which ultimately boost up sulfuric acid consumption levels across different end user segments including chemical processing, fertilizer production etc., thereby creating a positive outlook on Indonesia market till 2031F. Growing awareness about usage efficiency along with continuous technological advancements have also influenced manufacturers to produce eco friendly products that are cost effective at same time thereby influencing overall growth scenario significantly over next couple of years.. Apart from these factors escalating number of new projects focusing on renewable energy sources like solar photovoltaic technology backed by government subsidies has resulted into robust expansion plans within electrical industry leading towards better opportunities within sulphur based electrolyte segment eventually proving beneficial for overall acceptance level throughout country.
The outbreak of coronavirus (COVID-19) pandemic has adversely affected many regions across globe especially Asia Pacific countries like Indonesia where it continues to spread rapidly inducing uncertainty among investors thus resulting into economic slowdown throughout 2025 mainly due decline in exports followed by reduced crude oil prices having direct effect on performance linked operations involving sulphur acids focused markets... However despite current crisis facing global economy predictions remains encouraging suggesting recovery phase might kick start sooner than originally thought helped largely because country`s strong bondings amongst business partners located outside region which would help create more attractive investment opportunities once things return back normal.
Sulphur based acid related businesses situated within Indonesia region usually face issues pertaining availability factor mainly because there lacks proper framework regarding transportation network making difficult transfer goods between clients specially those located far.
The Indonesia sulfuric acid market is expected to grow significantly during the forecast period from 2025 to 2025. The major drivers for this growth are increasing demand in various industries such as fertilizer, steel, and petrochemical. Major players operating in the Indonesia sulfuric acid market include PT Pupuk Kujang Cikampek, Indorama Ventures Public Company Limited (IVL), Sulfindo Adimulya Tbk., AkzoNobel N.V., BP plc., DuPont de Nemours Inc., Yara International ASA, Solvay SA, Eastman Chemical Co., Occidental Petroleum Corporation and CF Industries Holdings Inc.
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 Sulfuric Acid Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Sulfuric Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Sulfuric Acid Market - Industry Life Cycle |
3.4 Indonesia Sulfuric Acid Market - Porter's Five Forces |
3.5 Indonesia Sulfuric Acid Market Revenues & Volume Share, By By Raw Material Type, 2021 & 2031F |
3.6 Indonesia Sulfuric Acid Market Revenues & Volume Share, By By End-user Industry, 2021 & 2031F |
4 Indonesia Sulfuric Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Sulfuric Acid Market Trends |
6 Indonesia Sulfuric Acid Market, By Types |
6.1 Indonesia Sulfuric Acid Market, By By Raw Material Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Sulfuric Acid Market Revenues & Volume, By By Raw Material Type, 2021-2031F |
6.1.3 Indonesia Sulfuric Acid Market Revenues & Volume, By Elemental Sulfur, 2021-2031F |
6.1.4 Indonesia Sulfuric Acid Market Revenues & Volume, By Pyrite Ore, 2021-2031F |
6.1.5 Indonesia Sulfuric Acid Market Revenues & Volume, By Other Raw Materials (Base Metal Smelters), 2021-2031F |
6.2 Indonesia Sulfuric Acid Market, By By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Sulfuric Acid Market Revenues & Volume, By Fertilizer, 2021-2031F |
6.2.3 Indonesia Sulfuric Acid Market Revenues & Volume, By Chemical & Pharmaceutical, 2021-2031F |
6.2.4 Indonesia Sulfuric Acid Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.5 Indonesia Sulfuric Acid Market Revenues & Volume, By Petroleum Refining, 2021-2031F |
6.2.6 Indonesia Sulfuric Acid Market Revenues & Volume, By Other End-user Industries (Pulp & Paper, Metal Processing), 2021-2031F |
7 Indonesia Sulfuric Acid Market Import-Export Trade Statistics |
7.1 Indonesia Sulfuric Acid Market Export to Major Countries |
7.2 Indonesia Sulfuric Acid Market Imports from Major Countries |
8 Indonesia Sulfuric Acid Market Key Performance Indicators |
9 Indonesia Sulfuric Acid Market - Opportunity Assessment |
9.1 Indonesia Sulfuric Acid Market Opportunity Assessment, By By Raw Material Type, 2021 & 2031F |
9.2 Indonesia Sulfuric Acid Market Opportunity Assessment, By By End-user Industry, 2021 & 2031F |
10 Indonesia Sulfuric Acid Market - Competitive Landscape |
10.1 Indonesia Sulfuric Acid Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Sulfuric Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |