Product Code: ETC191800 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
Indonesia Zinc Oxide market currently, in 2023, has witnessed an HHI of 1942, Which has increased slightly as compared to the HHI of 1895 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Zinc oxide is an inorganic compound used as a white pigment and UV stabilizer. It is produced either synthetically or by roasting of zinc ore. Indonesia has emerged as a major player in the global zinc oxide market, owing to its rich resources of zinc-based ores, such as smithsonite and franklinite, which are mined for production of zinc oxides. The growing demand from various markets such as rubber manufacturing, cosmetics, pharmaceuticals and animal feed industries has been driving the growth of this market.
The Indonesia Zinc Oxide market has witnessed a significant rise over the past few years due to rising demand from various end-use applications such as rubber manufacturing, cosmetics & personal care products, pharmaceuticals and animal feed industries. Moreover increasing investments in research and development activities for producing high grade Zinc Oxide with better features have also been motivating industry participants to expand their product portfolio across different regions including Indonesia. In addition to that government initiatives promoting environment friendly technologies have also been encouraging local manufacturers towards producing ecofriendly products complying with international standards thus providing impetus to overall market growth in Indonesia.
The main drivers for the growth of Indonesia Zinc Oxide Market include increasing demand for non-toxic pigments coupled with growing awareness about health benefits associated with it among consumers; surging consumption levels across various application areas like paints & coatings; widespread use in numerous industrial sectors such as medical devices & appliances; increase focus on energy conservation measures resulting into higher usage levels across all segment including residential buildings etc.; supportive government regulations related environmental issues etc., escalating number of construction projects throughout country boosting infrastructure investment activity alongwith availability cost effective raw materials facilitating easy accessibility at lower prices thereby leading towards greater revenues generation opportunities respectively.
Due to outbreak COVID-19 pandemic situation there had been considerable decline observed throughout Indonesia economy impacting positively or negatively depending upon respective segments under consideration. Same way impact on ZnO based chemicals sector too had some visible effects mainly experienced during first few months when lockdown restrictions were strictly imposed but now slowly recovering back again achieving pre COVID-19 state. Thus Government support packages alongwith other fiscal incentives provided through out entire period played crucial role aiding companies survival amidst crisis while maintaining healthy operations without any major disruption caused.
However, there are several challenges that manufacturers face in this market such as supply constraints caused by limited availability of raw materials, fluctuations in prices due to fluctuation in global demand & supply chain volatility caused by changing regulations and complex import policies etc. To tackle these issues, key players are investing heavily into research & development activities to produce cost effective solutions with improved quality standards.
Key players operating in this space include PT Pertamina EP Asset 3 (Indonesia), PT Freeport Indonesia (US), Nippon Light Metal Company Ltd.(Japan), Sumitomo Corporation (Japan) 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 Zinc Oxide Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Zinc Oxide Market Revenues & Volume, 2020 & 2030F |
3.3 Indonesia Zinc Oxide Market - Industry Life Cycle |
3.4 Indonesia Zinc Oxide Market - Porter's Five Forces |
3.5 Indonesia Zinc Oxide Market Revenues & Volume Share, By By Process, 2020 & 2030F |
3.6 Indonesia Zinc Oxide Market Revenues & Volume Share, By By Application, 2020 & 2030F |
4 Indonesia Zinc Oxide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Zinc Oxide Market Trends |
6 Indonesia Zinc Oxide Market, By Types |
6.1 Indonesia Zinc Oxide Market, By By Process |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Zinc Oxide Market Revenues & Volume, By By Process, 2020-2030F |
6.1.3 Indonesia Zinc Oxide Market Revenues & Volume, By Indirect Process (French Process), 2020-2030F |
6.1.4 Indonesia Zinc Oxide Market Revenues & Volume, By Direct Process (American Process), 2020-2030F |
6.1.5 Indonesia Zinc Oxide Market Revenues & Volume, By Wet Process, 2020-2030F |
6.2 Indonesia Zinc Oxide Market, By By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Zinc Oxide Market Revenues & Volume, By Rubber & Tyres, 2020-2030F |
6.2.3 Indonesia Zinc Oxide Market Revenues & Volume, By Ceramics & Glass, 2020-2030F |
6.2.4 Indonesia Zinc Oxide Market Revenues & Volume, By Pharmaceutical & Cosmetics, 2020-2030F |
6.2.5 Indonesia Zinc Oxide Market Revenues & Volume, By Agriculture, 2020-2030F |
6.2.6 Indonesia Zinc Oxide Market Revenues & Volume, By Paints & Coatings, 2020-2030F |
6.2.7 Indonesia Zinc Oxide Market Revenues & Volume, By Others, 2020-2030F |
7 Indonesia Zinc Oxide Market Import-Export Trade Statistics |
7.1 Indonesia Zinc Oxide Market Export to Major Countries |
7.2 Indonesia Zinc Oxide Market Imports from Major Countries |
8 Indonesia Zinc Oxide Market Key Performance Indicators |
9 Indonesia Zinc Oxide Market - Opportunity Assessment |
9.1 Indonesia Zinc Oxide Market Opportunity Assessment, By By Process, 2020 & 2030F |
9.2 Indonesia Zinc Oxide Market Opportunity Assessment, By By Application, 2020 & 2030F |
10 Indonesia Zinc Oxide Market - Competitive Landscape |
10.1 Indonesia Zinc Oxide Market Revenue Share, By Companies, 2023 |
10.2 Indonesia Zinc Oxide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |