hot sale Plasticizers Prices Markets Analysis Indonesia

  • hot sale Plasticizers Prices Markets Analysis Indonesia
  • hot sale Plasticizers Prices Markets Analysis Indonesia
  • hot sale Plasticizers Prices Markets Analysis Indonesia
  • How big is the Indonesia plastics market?
  • The Indonesia Plastics Market size is estimated at 7.04 Million tons in 2024, and is expected to reach 8.88 Million tons by 2029, growing at a CAGR of greater than 4.5% during the forecast period (2024-2029). The COVID-19 pandemic negatively impacted the country's production and supply of plastics during the lockdown.
  • How Indonesia's plasticizers market is reviving?
  • As construction projects resumed and the automotive industry recovered, the market for plasticizers displayed a gradual rebound. Indonesia`s plasticizers market has seen substantial growth in recent years. Key players in this sector include Indo-Rama Synthetics (Indonesia) Tbk and PT Lautan Luas Tbk.
  • Which companies manufacture plasticizers in Indonesia?
  • Key players in this sector include Indo-Rama Synthetics (Indonesia) Tbk and PT Lautan Luas Tbk. These companies manufacture various types of plasticizers, including phthalate and non-phthalate plasticizers, which are essential in the production of plastics and rubber products used across various industries in the country.
  • How big is the plasticizers market?
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  • The global plasticizers market is estimated to have generated revenue of USD 17.9 billion in 2024, and it is expected to grow at a CAGR of 5.5% during the forecasted period, to reach USD 24.7 billion by 2030.
  • Why are foreign companies investing in the Indonesian plastics industry?
  • Furthermore, both domestic and foreign companies are investing in the Indonesian plastics industry. This influx of capital leads to technological advancements, increased production capacity, and a broader range of plastic products available in the market.
  • Who are the major players in the Indonesian plastics market?
  • The Indonesian plastics market is consolidated. Some major players in the market (not in any particular order) include BASF SE, PT LOTTE CHEMICAL TITAN Tbk, PTT Global Chemical Public Company Limited, PT Polychem Indonesia Tbk, and TORAY INDUSTRIES INC., among others. This product will be delivered within 2 business days.

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