Adhesives and sealants are often grouped together, as they both on surfaces of materials to adhere and seal together. Although they are generally available in a liquid form, they are viscous with little or no flow characteristics. Adhesives are chosen for their bonding, holding power, high tensile and shear strength.
The market is driven by several factors, such as the growing middle-class income, increasing environmental concerns and a wide-range of applications. However, this market faces certain drawbacks, such as volatility in the raw material prices and economic cycles. These factors may hinder the market’s growth.
The Indonesia adhesives market is segmented into major end-users, such as building & construction; paper, board & packaging; woodworking & joinery; transportation; footwear & leather; assembly operations; and electronics. The Indonesia adhesives market, by end-user industry, 2017, is shown below:
They are of two types of adhesives - non-structural adhesives (generally have low-strength and are used to bond weak substrates and for temporary fastening) and structural adhesives (whose strength is vital to the success of the assembly). Also, the Indonesia adhesives market has been segmented into hot melt adhesives, reactive hot melt adhesives, solvent-based adhesives, pressure-sensitive adhesives, epoxy adhesives and polyurethane adhesives.
Opportunities and Major Players
The expanding construction industry and the increasing demand for adhesives in the automotive industry are expected to offer numerous opportunities for the growth of the Indonesia adhesives market. Some of the major companies in this market are:
Henkel - Indonesia (P.T. Henkel Indonesia)
Sika - Indonesia
P.T. 3M Indonesia
P.T. H.B. Fuller
Key Deliverables in the Study
Market analysis for the Indonesia adhesives market, with region-specific assessments and competition analysis.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the Indonesia adhesives market.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
1.1 Research Methodology
2. Executive Summary
3. Market Insights
3.1 Industry Value-Chain Analysis
3.2 Industry Attractiveness - Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Buyers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
4. Market Dynamics
4.1.1 Increasing Adoption of Low-Cost Flexible Packaging
4.1.2 Increasing Demand from the Automotive Industry
4.1.3 Increasing Demand from the Construction Industry
4.2.1 Over Reliance on Imports of Raw Materials
4.3.1 Shifting Focu Towards Bio-Based Alternatives
4.3.2 Downstream Processing Capacity Additions
5. Market Segmentation and Analysis
5.1 by Technology
220.127.116.11 Polyvinyl Acetate (Pva) Emulsion
18.104.22.168 Ethylene Vinyl Acetate (Eva) Emulsion
22.214.171.124 Polyurethane Dispersions (Pu) & Cr (Chloroprene Rubber) Latex
126.96.36.199 Styrene-Butadiene Rubber (Sbr)
188.8.131.52 Chloroprene Rubber
184.108.40.206 Poly Acrylate (Pa)
220.127.116.11 Modified Acrylics
18.104.22.168 Ethylene Vinyl Acetate
22.214.171.124 Synthetic Rubbers
5.2 by End-User Industry
5.2.1 Building and Construction
5.2.2 Paper, Board, and Packaging
5.2.3 Woodworking and Joinery
5.2.5 Footwear and Leather
5.2.7 Electrical and Electronics
5.3 Pressure Sensitive Adhesives (Psa)
5.3.1 by Technology
126.96.36.199 Radiation Cured
5.3.2 by Application
5.3.3 by Resins
5.3.4 by Mode of Appliation
6. Competitive Landscape
6.1 Mergers, Acquisitions, Joint Ventures, Collaborations & Agreements
6.2 Market Share Analysis
6.3 Strategies Adopted by Leading Players
7. Company Profiles
7.1 Global Manufacturers
7.1.1 Henkel - Indonesia (Pt Henkel Indonesia)
7.1.3 3M in Indonesia (Pt. 3M Indonesia)
7.1.4 H.B. Fuller in Indonesia
7.2 Local Manufacturers
7.2.1 Pt. Dyno Indria/Pt. Aica Indria
7.2.2 Pt. Indochemie Jelyna Lemindo Prima
7.2.3 Pt Akr Corporindo Tbk, Through Its Subsidiary Pt Arjuna Utama Kimia (Aruki).
7.2.4 Lemindo Group
7.2.5 Makro Rekat Sekawan
7.2.7 Nan Pao Group
7.2.8 Pt Arindco Pacific Chemicals - Indonesia
7.2.9 Pt. Higo
- Henkel - Indonesia (Pt Henkel Indonesia)
- 3M in Indonesia (Pt. 3M Indonesia)
- H.B. Fuller in Indonesia
- Pt. Dyno Indria/Pt. Aica Indria
- Pt. Indochemie Jelyna Lemindo Prima
- Pt Akr Corporindo Tbk