Indonesia Plastics Market Size, Growth, Industry Trends 2031

Segments - Indonesia Plastics Market by Technologies (Extrusion Molding, Blow Molding, Injection Molding, and Others), Applications (Automotive & Transportation, Packaging, Electrical & Electronics, Building & Constructions, Furniture & Beddings, and Others), and Types (Polybutylene Terephthalate (PBT), Polycarbonates (PC), Polyether Ether Ketone (PEEK), Polyethylene (PE), Polyoxymethylene (POM), Polyethylene Terephthalate (PET), Polyimide (PI), Polymethyl methacrylate (PMMA), Polytetrafluoroethylene (PTFE), Polyvinyl Chloride (PVC), Polypropylene (PP), Polystyrene (PS), Acrylonitrile butadiene styrene (ABS)/ Styrene acrylonitrile (SAN), Liquid Crystal Polymer (LCP), Polyamide (PA), and Others) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

Author : Riddhesh Dani

Fact-checked by : Harneet Meher

Editor : Shruti Bhat

Report Description

The global Indonesia plastics market size was valued at USD 8.63 Billion in 2022 and is likely to reach USD 14.58 Billion by 2031, expanding at a CAGR of 6% during the forecast period, 2023–2031. The growth of the market is attributed to a rising usage of flexible packaging.

Indonesia is experiencing a waste issue on land as well as in the waters surrounding its islands. According to a study published by science magazine an academic journal of the American association for the advancement of science Indonesia is the second-largest source of plastic garbage in the ocean, after China.

Rising demand for plastic in Indonesia is due to changing lifestyle and buyers desire for innovative packaged items. Factors such as increasing disposable incomes and consumers becoming more time-constrained, particularly in developed economies are resulting in market growth.

Market Trends, Drivers, Restraints, and Opportunities

Increasing 3-D printing technology in design and production is projected to boost the market during the forecast period.
Rapid growth of the food packaging industry is key factors driving the market in the coming years.
High dependence on imported raw materials is anticipated to hamper the market expansion.
Government plan to charge for use of plastic bags act as major factor that can hamper the market growth during the forecast period.
Using cassava and other organic compounds, Indonesia has successfully created biodegradable and bio-polymer plastic replacement goods all these are expected to create immense opportunities for the market players.

Scope of the Report

The report on the Indonesia plastics market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Indonesia Plastics Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Technologies (Extrusion Molding, Blow Molding, Injection Molding, and Other Technologies), Applications (Automotive & Transportation, Packaging, Electrical & Electronics, Building & Constructions, Furniture & Beddings, and Others), and Types (Polybutylene Terephthalate (PBT), Polycarbonates (PC), Polyether Ether Ketone (PEEK), Polyethylene (PE), Polyoxymethylene (POM), Polyethylene Terephthalate (PET), Polyimide (PI), Polymethyl methacrylate (PMMA), Polytetrafluoroethylene (PTFE), Polyvinyl Chloride (PVC), Polypropylene (PP), Polystyrene (PS), Acrylonitrile butadiene styrene (ABS)/ Styrene acrylonitrile (SAN), Liquid Crystal Polymer (LCP), Polyamide (PA), and Other)
Country Scope	Indonesia
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	TORAY INDUSTRIES, INC; PT LOTTE CHEMICAL TITAN Tbk; PT Polychem Indonesia Tbk; PTT Global Chemical Public Company Limited; BASF SE

Indonesia Market Segment Insights

The injection molding segment is anticipated to expand at a substantial CAGR

In terms of technologies, the Indonesia plastics market is segregated into extrusion molding, blow molding, injection molding, and others. The injection molding segment is expected to constitute a key share of the market in the coming years owing to frequently used in the mass manufacture of high-performance plastic pallet.

The packaging segment is projected to hold a key market share

On the basis of applications, the Indonesia plastics market is divided into automotive & transportation, packaging, electrical & electronics, building & constructions, furniture & beddings, and others. The packaging segment is expected to hold a key share of the market during the forecast period due to high mechanical strength, chemical resistance, and recyclability are rising usage of engineering plastics in packaging.

However, the building & constructions segment is anticipated to expand at a rapid pace during the forecast period owing to growing infrastructure in the country.

The polyethylene terephthalate (PET) segment is expected to grow at a rapid pace

Based on types, the Indonesia plastics market is segmented into polybutylene terephthalate (PBT), polycarbonates (PC), polyether ether ketone (PEEK), polyethylene (PE), polyoxymethylene (POM), polyethylene terephthalate (PET), polyimide (PI), polymethyl methacrylate (PMMA), polytetrafluoroethylene (PTFE), polyvinyl chloride (PVC), polypropylene (PP), polystyrene (PS), acrylonitrile butadiene styrene (ABS)/ styrene acrylonitrile (SAN), liquid crystal polymer (LCP), polyamide (PA), and others.

The polyethylene terephthalate (PET) segment is expected to represent a key share of the market in the coming years owing to most often used polymers for packaging, particularly in the food and beverage sector.

Segments

The Indonesia plastics market has been segmented on the basis of

Technologies

Extrusion Molding
Blow Molding
Injection Molding
Others

Applications

Automotive & Transportation
Packaging
Electrical & Electronics
Building & Constructions
Furniture & Beddings
Others

Types

Polybutylene Terephthalate (PBT)
Polycarbonates (PC)
Polyether Ether Ketone (PEEK)
Polyethylene (PE)
Polyoxymethylene (POM)
Polyethylene Terephthalate (PET)
Polyimide (PI)
Polymethyl methacrylate (PMMA)
Polytetrafluoroethylene (PTFE)
Polyvinyl Chloride (PVC)
Polypropylene (PP)
Polystyrene (PS)
Acrylonitrile butadiene styrene (ABS)/ Styrene acrylonitrile (SAN)
Liquid Crystal Polymer (LCP)
Polyamide (PA)
Others

Country

Indonesia

Key players

TORAY INDUSTRIES, INC
PT LOTTE CHEMICAL TITAN Tbk
PT Polychem Indonesia Tbk
PTT Global Chemical Public Company Limited
BASF SE

Competitive Landscape

Key players competing in the Indonesia plastics market include TORAY INDUSTRIES, INC; PT LOTTE CHEMICAL TITAN Tbk; PT Polychem Indonesia Tbk; PTT Global Chemical Public Company Limited; BASF SE.

Some of these players are focusing on business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.

Indonesia Plastics Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Plastics Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Plastics Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Plastics Market - Supply Chain
  4.5. Global Plastics Market Forecast
     4.5.1. Plastics Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Plastics Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Plastics Market Absolute $ Opportunity
5. Global Plastics Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Plastics Market Size and Volume Forecast by Types
     5.3.1. Polybutylene Terephthalate (PBT) Polycarbonates (PC) Polyether Ether Ketone (PEEK) Polyethylene (PE) Polyoxymethylene (POM) Polyethylene Terephthalate (PET)
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Plastics Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Plastics Market Size and Volume Forecast by Applications
     6.3.1. Automotive & Transportation Packaging Electrical & Electronics Building & Constructions Furniture & Beddings Others
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Plastics Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Plastics Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Plastics Demand Share Forecast, 2019-2026
8. North America Plastics Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Plastics Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Plastics Market Size and Volume Forecast by Types
     8.4.1. Polybutylene Terephthalate (PBT) Polycarbonates (PC) Polyether Ether Ketone (PEEK) Polyethylene (PE) Polyoxymethylene (POM) Polyethylene Terephthalate (PET)
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Plastics Market Size and Volume Forecast by Applications
     8.7.1. Automotive & Transportation Packaging Electrical & Electronics Building & Constructions Furniture & Beddings Others
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Plastics Demand Share Forecast, 2019-2026
9. Latin America Plastics Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Plastics Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Plastics Market Size and Volume Forecast by Types
     9.4.1. Polybutylene Terephthalate (PBT) Polycarbonates (PC) Polyether Ether Ketone (PEEK) Polyethylene (PE) Polyoxymethylene (POM) Polyethylene Terephthalate (PET)
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Plastics Market Size and Volume Forecast by Applications
     9.7.1. Automotive & Transportation Packaging Electrical & Electronics Building & Constructions Furniture & Beddings Others
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Plastics Demand Share Forecast, 2019-2026
10. Europe Plastics Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Plastics Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Plastics Market Size and Volume Forecast by Types
     10.4.1. Polybutylene Terephthalate (PBT) Polycarbonates (PC) Polyether Ether Ketone (PEEK) Polyethylene (PE) Polyoxymethylene (POM) Polyethylene Terephthalate (PET)
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Plastics Market Size and Volume Forecast by Applications
     10.7.1. Automotive & Transportation Packaging Electrical & Electronics Building & Constructions Furniture & Beddings Others
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Plastics Demand Share Forecast, 2019-2026
11. Asia Pacific Plastics Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Plastics Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Plastics Market Size and Volume Forecast by Types
     11.4.1. Polybutylene Terephthalate (PBT) Polycarbonates (PC) Polyether Ether Ketone (PEEK) Polyethylene (PE) Polyoxymethylene (POM) Polyethylene Terephthalate (PET)
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Plastics Market Size and Volume Forecast by Applications
     11.7.1. Automotive & Transportation Packaging Electrical & Electronics Building & Constructions Furniture & Beddings Others
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Plastics Demand Share Forecast, 2019-2026
12. Middle East & Africa Plastics Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Plastics Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Plastics Market Size and Volume Forecast by Types
     12.4.1. Polybutylene Terephthalate (PBT) Polycarbonates (PC) Polyether Ether Ketone (PEEK) Polyethylene (PE) Polyoxymethylene (POM) Polyethylene Terephthalate (PET)
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Plastics Market Size and Volume Forecast by Applications
     12.7.1. Automotive & Transportation Packaging Electrical & Electronics Building & Constructions Furniture & Beddings Others
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Plastics Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Plastics Market: Market Share Analysis
  13.2. Plastics Distributors and Customers
  13.3. Plastics Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. TORAY INDUSTRIES, INC PT LOTTE CHEMICAL TITAN Tbk PT Polychem Indonesia Tbk PTT Global Chemical Public Company Limited BASF SE