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Petrochemicals Industry in Indonesia
Taiyou Research, Sep 2011, Pages: 65
The Indonesian petrochemical industry has been encountering a rapid rise in its dependency on imported polymers recently. Indonesia is also set to witness a rise in polymer capacity in 2011 and beyond, although this will not be nearly enough to achieve self-sufficiency, let alone an export-oriented industry. Currently, a growth of 6.1% in its GDP was reported, all thanks to a rise in investments and private consumptions. This seems like good news for the petrochemicals consumption as it is likely to result in providing of more support for the industry to grow and expand in all aspects.
This island nation is also becoming increasingly attractive as an investment destination for petrochemical producers, particularly from Taiwan and Japan. Demand for polymers grew by nearly 7% in Indonesia in 2010 and is set to strengthen in 2011 with an expected growth of more than 10%. With the petrochemical industry dependent on the domestic market, economic trends will be crucial in determining the performance of the sector. Private consumption and investment growth will continue to power output growth in 2011 and beyond, as Indonesia embarks on what is greatly anticipated to be a decade of robust economic growth.
However, there are widespread concerns of scarcity of domestically sourced materials over the short term as some producers have been cautious about increasing production, amidst fears that it could swing prices the other way and create a situation of oversupply. Key producers of petrochemicals in the country are Carbon Core, Batavia Trade & Cons., Vippo Enterprises Pte Ltd., Indonesia Exim and Aneka Gas.
In this industry scenario, this report analyses the Petrochemicals Industry in Indonesia. The report covers the following:
- An analysis of the global petrochemicals industry in the aftermath of the Japan earthquake and the nuclear disaster in Japan. We analyze the global petrochemicals industry in 2011 and an outlook for the industry.
- An analysis of the petrochemicals industry in Asia in order to establish the importance of the Indonesian petrochemicals industry in the region.
- An analysis of the petrochemical industry in Indonesia including market profile, production statistics of petrochemicals, market profile of the Indonesian polyethylene market, an analysis of the Indonesian upstream sector, and trends in the industry.
- A SWOT analysis of the Indonesian petrochemical industry is carried out.
- Major industry players analyzed include Chandra Asri, Mitsui Chemicals, and Petrokimia Gresik.
- An industry outlook completes this in-depth analysis of Indonesia’s petrochemical industry.
This report on the Petrochemicals Industry in Indonesia is a complete profile of this growing competitive industry in Indonesia that is fast making its presence felt across the world.
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