Indonesia Adhesives & Sealants Market - Segmented by Technology, Product Type, and End-User Industry - Growth, Trends, and Forecast (2018 - 2023)

  • ID: 4536159
  • Report
  • Region: Indonesia
  • 85 pages
  • Mordor Intelligence
UP TO OFF
until Dec 31st 2018
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FEATURED COMPANIES

  • H.B. Fuller-Indonesia
  • Lemindo Group
  • Makro Rekat Sekawan
  • Moresco
  • Nan Pao Group
  • PT. Akr Corporindo Tbk
  • MORE
The Indonesian adhesives & sealant market is expected to grow at CAGR of 5.47% during the forecast period (2018 - 2023), due to its rapid economic and industrial growth. The growth of the various end-user industries of adhesives and sealants in Indonesia is likely to fuel the growth of the market.

Increasing Adoption of Low-Cost Flexible Packaging

The demand for low-cost flexible packaging has been consistently increasing in Indonesia, owing to a steady rise in food export and a growth in the food processing sector. The shifting of the consumers’ preference towards modern food habits is boosting the demand for packaged food, thereby, increasing the usage of low-cost flexible packaging. Moreover, with technological advancements, companies are increasingly opting for flexible packaging over traditional rigid packaging. The benefits offered by rigid packaging can now be easily achieved by flexible packaging with greater flexibility and at a comparatively low cost. Many PSA manufacturers in the country are engaged in the manufacture of flexible and low-cost packaging items that are easy to use and are eco-friendly. Therefore, the increasing adoption of low-cost flexible packaging in the country is expected to drive the Indonesian adhesive market.

Moreover, the adhesives demand in the country is increasing gradually, thereby, boosting the country to import more raw materials, affecting the country export basket negatively.

Acrylics Dominates the Water-borne Adhesives Market

Acrylics have the highest market share in the Indonesian water-borne adhesive market. Owing to their high strength, acrylic adhesives are commonly used for building and construction applications, and a specialized variation is widely used for bonding implant prostheses to bones. They find a wide range of applications in the health and medical fields, electronic parts production, and appliance as well as automotive manufacturing.

The rapidly expanding automotive industry in Indonesia is resulting in an increased consumption of acrylic-based water-borne adhesives. Additionally, increasing industrial investment, robust income growth, and high GDP growth in the emerging economies are expected to drive the demand for acrylic adhesives in Indonesia.

Growing Scope for Building & Construction Industry

The Indonesian building & construction industry is currently experiencing a rise. As it is a developing economy, the Government of Indonesia is implementing various infrastructural projects to boost transport, logistics, and ICT in the country. Rail infrastructure, energy projects, airport upgradation projects, industrial construction, and construction of parks are the main focus of the government, which is expected to help in boosting the economy. The rise in the above-stated factors with the increase in the number of residential building and construction projects is expected to increase the demand for adhesives used for various purposes in the building & construction industry.

Notable Developments in the Market

January 2018: Henkel Indonesia opens its first-of-its-kind adhesive innovation hub in Bintaro, South Tamgerang.

The major players include - HENKEL-INDONESIA (PT. HENKEL INDONESIA), SIKA-INDONESIA, 3M IN INDONESIA (PT. 3M INDONESIA), H.B. FULLER IN INDONESIA, PT. DYNO INDRIA/PT. AICA INDRIA, and PT. INDOCHEMIE JELYNA LEMINDO PRIMA, amongst others.

Reasons to Purchase this Report

To understand the impact of end-user applications on the market

Analyzing various perspectives of the market with the help of Porter’s five forces analysis

To understand the dominating technology in the market

Identify the latest developments, market shares, and strategies employed by the major market players

3-month analyst support, along with the Market Estimate sheet (in Excel)

Customization of the Report

This report can be customized to meet your requirements.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • H.B. Fuller-Indonesia
  • Lemindo Group
  • Makro Rekat Sekawan
  • Moresco
  • Nan Pao Group
  • PT. Akr Corporindo Tbk
  • MORE
1. Introduction
1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Report

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 Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
3.3 PESTLE Analysis

4. Market Dynamics
4.1 Drivers
4.1.1 Increasing Adoption Of Low Cost Flexible Packagin
4.1.2 Rise in Demand From the Construction Industry
4.1.3 Increasing Demand From the Automotive Industry
4.2 Restraints
4.2.1 Over-reliance on Import Of Raw Materials
4.3 Opportunities
4.3.1 Government Encouraging Infrastructre Development

5. Market Segmentation and Analysis (Market Size, Growth, and Forecast)
5.1 By Technology
5.1.1 Water-borne
5.1.1.1 Acrylics
5.1.1.2 Polyvinyl Acetate (PVA) Emulsion
5.1.1.3 Ethylene Vinyl Acetate (EVA) Emulsion
5.1.1.4 Polyurethane Dispersions (PU)
5.1.1.5 CR (Chloroprene Rubber) Latex
5.1.1.6 Others
5.1.2 Solvent-borne
5.1.2.1 Styrene-Butadiene Rubber
5.1.2.2 Chloroprene Rubber
5.1.2.3 Poly Acrylate (PA)
5.1.2.4 Polyurethane
5.1.2.5 Others
5.1.3 Reactive
5.1.3.1 Epoxy
5.1.3.2 Modified Acrylics & Cyanoacrylates
5.1.3.3 Silicone
5.1.3.4 Polyurethane
5.1.3.5 Anaerobic
5.1.3.6 Others
5.1.4 Hot-melts
5.1.4.1 Ethylene Vinyl Acetate
5.1.4.2 Synthetic Rubbers
5.1.4.3 Others
5.1.5 Others
5.2 Sealants by Product Type
5.2.1 Silicone
5.2.2 Polyurerthane
5.2.3 Acrylic
5.2.4 Polyvinyl Acetate
5.2.5 Others
5.3 By End-user Industry
5.3.1 Building & Construction
5.3.2 Paper, Board, & Packaging
5.3.3 Woodworking & Joinery
5.3.4 Transportation
5.3.5 Footwear & leather
5.3.6 Healthcare
5.3.7 Electronics
5.3.8 Others (Textile, Consumer goods, etc.)

6. Competitive Landscape
6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share Analysis**
6.3 Strategies Adopted by Leading Players

7. Company Profiles (Overview, Financials**, Products & Services and Recent Developments)
7.1 Henkel Indonesia (PT. Henkel Indonesia)
7.2 Sika-Indonesia
7.3 3M-Indonesia (PT. 3M Indonesia)
7.4 H.B. Fuller-Indonesia
7.5 PT. Dyno Indria/PT. Aica Indria
7.6 PT. Indochemie Jelyna Lemindo Prima
7.7 PT. Akr Corporindo Tbk, through its subsidiary PT. Arjuna Utama Kimia (Aruki)
7.8 Lemindo Group
7.9 Makro Rekat Sekawan
7.10 Moresco
7.11 Nan Pao Group
7.12 PT. ArindcoPacific Chemicals -Indonesia
*List not exhaustive

8. Disclaimer
**Subject to availability on public domain
Note: Product cover images may vary from those shown
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  • Henkel Indonesia (PT. Henkel Indonesia)
  • Sika-Indonesia
  • 3M-Indonesia (PT. 3M Indonesia)
  • H.B. Fuller-Indonesia
  • PT. Dyno Indria/PT. Aica Indria
  • PT. Indochemie Jelyna Lemindo Prima
  • PT. Akr Corporindo Tbk
  • PT. Arjuna Utama Kimia (Aruki)
  • Lemindo Group
  • Makro Rekat Sekawan
  • Moresco
  • Nan Pao Group
  • PT. ArindcoPacific Chemicals -Indonesia
Note: Product cover images may vary from those shown
5 of 5
Note: Product cover images may vary from those shown
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