Market Insights and Analysis: Indonesia Plastics Market Overview and Projections (2024-2030)
The Indonesia Plastics Market size is estimated to grow at a CAGR of around 6.5% during the forecast period, i.e., 2024-30.
Top leading companies in the Indonesia Plastics Market includes:
Asahimas Chemical Company, BASF SE, Lotte Chemical Titan Holding Berhad, PT ALBA Tridi Plastics Recycling, PT Pertamina (Persero), Polychem Indonesia Tbk, Chandra Asri Petrochemical, LyondellBasell Industries Holdings BV, Standard Toyo Polymer (Tosoh Corporation), Pt. Trias Toyobo Astria (TTA), Others,
Industry Recent Development:
- In 2023, PT ALBA Tridi Plastics Recycling Indonesia, an ALBA Group Asia company, signed a USD 44.2 million blue loan agreement with the Asian Development Bank (ADB) to establish a polyethylene terephthalate (PET) recycling facility in Central Java.
- In 2022, Toyobo revealed a commitment of USD 73.2 million to establish a fresh polyester film packaging facility at Pt. Trias Toyobo Astria (TTA) in Indonesia. This expansion bolsters the company’s foothold in the market.
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Report Segmentation:
The market is categorized into the following segments in the report:
By Type
-Traditional Plastics
–Polyethylene
–Polypropylene
–Polyvinyl Chloride
–Polystyrene
-Engineering Plastics
–Polyethylene Terephthalate (PET)
–Polybutylene Terephthalate (PBT)
–Polycarbonates(PC)
–Styrene Polymers (ABS & SAN)
–Fluoropolymers
–Polyoxymethylene (POM)
–Polymethyl Methacrylate (PMMA)
–Polyamide (PA)
–Others (Liquid Crystal Polymer, Polyether Ether Ketone)
-Bioplastics
By Plastics Molding Technology
-Injection Molding
-Extrusion Molding
-Blow Molding
-Others
- Injection molding technology leads the Indonesian plastics market in terms of market share and value, exemplifying its dominance across various sectors.
By Application
-Packaging
-Electrical and Electronics
-Building and Construction
-Automotive and Transportation
-Furniture and Bedding
-Others (Houseware)
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Indonesia Plastics Market Geographic Reach:
The Geographic Reach of the Indonesia Plastics Market evaluates the spread and significance of Indonesia Plastics market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.
- Java
- Sumatra
- Kalimantan
- Sulawesi
- Others
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