Indonesia Thorium Market (2025-2031) Outlook | Share, Industry, Forecast, Trends, Revenue, Value, Companies, Size, Growth & Analysis

Indonesia Thorium Market Synopsis

Indonesia has abundant sources of thorium in its soil. It is estimated that the country has a total reserves of around 21,000 tons, making it one of the largest holders of thorium reserves globally. However, very little is being done to explore and develop these resources as there are no active projects related to thorium in the country at present. Nevertheless, Indonesia growing need for energy could drive interest in developing its large deposits of thorium.

Market Trends

There have been some recent developments in Indonesia regarding thorium exploration activities. In 2018, an Australian company called Thor Mining announced plans to begin exploratory works on a 4 km2 area near Yogyakarta Province with potential deposits of up to 1 million tonnes of uranium and 6800 tonnes or 5% rare earth elements (REE). This project was put on hold due to financial difficulties but could be revisited if investor confidence returns. Moreover, the Indonesia government also recently proposed revoking existing laws which prevent companies from mining non-energy minerals such as uranium and REEs ? this could potentially open up new opportunities for investments into exploring and exploiting Indonesia vast reserves of thorium if implemented successfully.

Market Drivers

The main drivers behind increased interest towards investing in establishing a viable nuclear industry based on Thorium fuel cycle technology would include security benefits associated with diversifying energy production away from fossil fuels; economic development prospects arising out research & development activities leading towards commercial application; environmental sustainability goals through reduced greenhouse gas emissions compared with other forms traditional power generation techniques; technological advancement opportunities arising through utilizing next-generation technologies such as molten salt reactors; high job creation potential during construction stages followed by permanent employment positions once operational etc.

COVID-19 Impact on the Market

The COVID-19 pandemic has had major impacts across all sectors including those related to Nuclear Power Generation & Thorium Fuel Cycle Technology Development initiatives concerns in Indonesia - Supply Chain disruptions causing delivery delays & cost escalations alongwith shutdown measures reducing labour availability have posed serious challenges hampering progress within this sector significantly over 2025 - 2025 period thus far.

Challenges of the Market

Some key challenges hindering investments into exploring & developing Indonesias Thoruim deposit potential includes lackof clarity concerning legal status pertainingto mineral rights ; strong competitiion from rival nations who already possess relatively mature nuclear industries ; absenceof political will amongst ruling govt officials involvedin decision making processes ; limited information.

Industry Key Players

PT Petrokimia Gresik, PT Krakatau Steel, Pertamina Geothermal Energy, Chevron Indonesia, Medco Energi Internasional Tbk, Indoneson Resources Corporation (IRC), Inalum (Indonesia Asahan Aluminium), and PLN (Perusahaan Listrik Negara).

Key Highlights of the Report:

• Indonesia Thorium Market Outlook
• Market Size of Indonesia Thorium Market, 2024
• Forecast of Indonesia Thorium Market, 2031
• Historical Data and Forecast of Indonesia Thorium Revenues & Volume for the Period 2021-2031
• Indonesia Thorium Market Trend Evolution
• Indonesia Thorium Market Drivers and Challenges
• Indonesia Thorium Price Trends
• Indonesia Thorium Porter's Five Forces
• Indonesia Thorium Industry Life Cycle
• Historical Data and Forecast of Indonesia Thorium Market Revenues & Volume By By Type for the Period 2021-2031
• Historical Data and Forecast of Indonesia Thorium Market Revenues & Volume By Powder Form for the Period 2021-2031
• Historical Data and Forecast of Indonesia Thorium Market Revenues & Volume By Granular Form for the Period 2021-2031
• Historical Data and Forecast of Indonesia Thorium Market Revenues & Volume By Others for the Period 2021-2031
• Historical Data and Forecast of Indonesia Thorium Market Revenues & Volume By By Application for the Period 2021-2031
• Historical Data and Forecast of Indonesia Thorium Market Revenues & Volume By Nuclear Reactors for the Period 2021-2031
• Historical Data and Forecast of Indonesia Thorium Market Revenues & Volume By Refractory Material Manufacturing for the Period 2021-2031
• Historical Data and Forecast of Indonesia Thorium Market Revenues & Volume By Electronic Equipment Coating for the Period 2021-2031
• Historical Data and Forecast of Indonesia Thorium Market Revenues & Volume By Heat Resistant Ceramics for the Period 2021-2031
• Historical Data and Forecast of Indonesia Thorium Market Revenues & Volume By Toothpaste Industry for the Period 2021-2031
• Historical Data and Forecast of Indonesia Thorium Market Revenues & Volume By Welding for the Period 2021-2031
• Historical Data and Forecast of Indonesia Thorium Market Revenues & Volume By Gas Lamps for the Period 2021-2031
• Historical Data and Forecast of Indonesia Thorium Market Revenues & Volume By Others for the Period 2021-2031
• Historical Data and Forecast of Indonesia Thorium Market Revenues & Volume By By Industry Vertical for the Period 2021-2031
• Historical Data and Forecast of Indonesia Thorium Market Revenues & Volume By Chemical & Petrochemical for the Period 2021-2031
• Historical Data and Forecast of Indonesia Thorium Market Revenues & Volume By Energy & Power for the Period 2021-2031
• Historical Data and Forecast of Indonesia Thorium Market Revenues & Volume By Automotive for the Period 2021-2031
• Historical Data and Forecast of Indonesia Thorium Market Revenues & Volume By Aviation for the Period 2021-2031
• Historical Data and Forecast of Indonesia Thorium Market Revenues & Volume By Aerospace for the Period 2021-2031
• Historical Data and Forecast of Indonesia Thorium Market Revenues & Volume By Food & Beverages for the Period 2021-2031
• Historical Data and Forecast of Indonesia Thorium Market Revenues & Volume By Healthcare for the Period 2021-2031
• Historical Data and Forecast of Indonesia Thorium Market Revenues & Volume By Others for the Period 2021-2031
• Indonesia Thorium Import Export Trade Statistics
• Market Opportunity Assessment By By Type
• Market Opportunity Assessment By By Application
• Market Opportunity Assessment By By Industry Vertical
• Indonesia Thorium Top Companies Market Share
• Indonesia Thorium Competitive Benchmarking By Technical and Operational Parameters
• Indonesia Thorium Company Profiles
• Indonesia Thorium Key Strategic Recommendations