INDONESIA PAINTS & COATINGS MARKET FORECAST 2021-2025

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INDONESIA PAINTS & COATINGS MARKET FORECAST 2021-2025

The Indonesia paints & coatings market is anticipated to project a CAGR of 8.16%, during the forecast years. The country’s market growth is attributed to factors like the surging population, rapid urbanization rates, the growing construction industry, and the swiftly rising middle class. The base year considered for the market study is 2020, and the forecast period is from 2021 to 2025.

INDONESIA PAINTS & COATINGS MARKET FORECAST 2021-2025

Indonesia Paints & Coatings Market by Resin Type (Acrylic, Polyester, Alkyd, Epoxy, Polyurethane, Other Resin Type) by Technology (Waterborne, Solvent-borne, Powder Coatings, High Solids, Radiation Cured, Other Emerging Technologies) by Applications (Industrial (Automotive, Aerospace & Marine, Industrial Wood Coatings, Consumer Durables, General Industrial, Other Industrial Applications), Architectural (Interior, Exterior))

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The Indonesia paints & coatings market is anticipated to project a CAGR of 8.16%, during the forecast years. The country’s market growth is attributed to factors like the surging population, rapid urbanization rates, the growing construction industry, and the swiftly rising middle class. The base year considered for the market study is 2020, and the forecast period is from 2021 to 2025.
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Indonesia’s paint & coatings market is primarily catered by six multinational and four domestic paint manufacturers, in addition to extensive small-scale domestic producers. The country’s construction industry secured optimistic views, as the government allocated an infrastructure budget of over IDR 420 trillion. Besides, this amount was relatively more significant than the 2018 budget of IDR 410.7 trillion.

On the other hand, Indonesia is proposing an expenditure of nearly $40 billion, in order to extend Jakarta’s Metro network, which is, in turn, likely to bolster the nation’s construction sector. Moreover, in 2019, the country’s government announced that the new capital city would be built on Borneo’s island, entailing an investment of IDR 446 trillion. The country is also projected to issue over $400 billion in building projects, such as constructing 25 new airports as well as new power plants, over the upcoming years. Hence, these factors are expected to fuel Indonesia’s paints & coatings market, during the forecast period.

PT Propan Raya ICC, headquartered in Indonesia, is a paints and coatings manufacturing enterprise. It offers metal protective coatings, waterproofing, polymer flowing, plastic coatings, and car refinish paints, among several others. The company is set to expand its product range further, to include architectural paints, with a state of the art technology, namely, Rapid Product System.

 

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  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & ESTIMATES
    • COUNTRY SNAPSHOT
    • COUNTRY ANALYSIS
    • KEY GROWTH ENABLERS
    • KEY CHALLENGES
  3. KEY ANALYTICS
    • IMPACT OF COVID-19 ON INDONESIA PAINTS & COATINGS MARKET
    • KEY INVESTMENT INSIGHTS
    •    PORTER’S FIVE FORCE ANALYSIS
      • BUYER POWER
      • SUPPLIER POWER
      • SUBSTITUTION
      • NEW ENTRANTS
      • INDUSTRY RIVALRY
    • OPPORTUNITY MATRIX
    • VALUE CHAIN ANALYSIS
  4. MARKET BY RESIN TYPE
    • ACRYLIC
    • POLYESTER
    • ALKYD
    • EPOXY
    • POLYURETHANE
    • OTHER RESIN TYPE
  5. MARKET BY TECHNOLOGY
    • WATERBORNE
    • SOLVENT-BORNE
    • POWDER COATINGS
    • HIGH SOLIDS
    • RADIATION CURED
    • OTHER EMERGING TECHNOLOGIES
  6. MARKET BY APPLICATIONS
    •    INDUSTRIAL
      • AUTOMOTIVE
      • AEROSPACE & MARINE
      • INDUSTRIAL WOOD COATINGS
      • CONSUMER DURABLES
      • GENERAL INDUSTRIAL
      • OTHER INDUSTRIAL APPLICATIONS
    •    ARCHITECTURAL
      • INTERIOR
      • EXTERIOR
  1. COMPETITIVE LANDSCAPE
    •    KEY STRATEGIC DEVELOPMENTS
      • MERGER & ACQUISITIONS
      • PRODUCT LAUNCH & DEVELOPMENTS
      • PARTNERSHIP & AGREEMENTS (COLLABORATION, JOINT VENTURE)
      • BUSINESS EXPANSION
    •    COMPANY PROFILES
      • INDACO
      • WELDA PAINT INDONESIA
      • BOXER PAINT
      • PT PROPAN RAYA ICC
      • AKZONOBEL INDONESIA
      • PT KANSAI PAINT INDONESIA

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – INDONESIA PAINTS & COATINGS

TABLE 2: INDONESIA PAINTS & COATINGS MARKET, BY RESIN TYPE, HISTORICAL YEARS, 2016-2020 (IN $ BILLION)

TABLE 3: INDONESIA PAINTS & COATINGS MARKET, BY RESIN TYPE, FORECAST YEARS, 2021-2025 (IN $ BILLION)

TABLE 4: INDONESIA PAINTS & COATINGS MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2016-2020 (IN $ BILLION)

TABLE 5: INDONESIA PAINTS & COATINGS MARKET, BY TECHNOLOGY, FORECAST YEARS, 2021-2025 (IN $ BILLION)

TABLE 6: INDONESIA PAINTS & COATINGS MARKET, BY APPLICATIONS, HISTORICAL YEARS, 2016-2020 (IN $ BILLION)

TABLE 7: INDONESIA PAINTS & COATINGS MARKET, BY APPLICATIONS, FORECAST YEARS, 2021-2025 (IN $ BILLION)

TABLE 8: INDONESIA PAINTS & COATINGS MARKET, BY INDUSTRIAL APPLICATIONS, HISTORICAL YEARS, 2016-2020 (IN $ BILLION)

TABLE 9: INDONESIA PAINTS & COATINGS MARKET, BY INDUSTRIAL APPLICATIONS, FORECAST YEARS, 2021-2025 (IN $ BILLION)

TABLE 10: INDONESIA PAINTS & COATINGS MARKET, BY ARCHITECTURAL APPLICATIONS, HISTORICAL YEARS, 2016-2020 (IN $ BILLION)

TABLE 11: INDONESIA PAINTS & COATINGS MARKET, BY ARCHITECTURAL APPLICATIONS, FORECAST YEARS, 2021-2025 (IN $ BILLION)

 LIST OF FIGURES

FIGURE 1: KEY INVESTMENT INSIGHTS

FIGURE 2: PORTER’S FIVE FORCE ANALYSIS

FIGURE 3: OPPORTUNITY MATRIX

FIGURE 4: VALUE CHAIN ANALYSIS

FIGURE 5: INDONESIA PAINTS & COATINGS MARKET, GROWTH POTENTIAL, BY RESIN TYPE, IN 2020

FIGURE 6: INDONESIA PAINTS & COATINGS MARKET, BY ACRYLIC, 2021-2025 (IN $ BILLION)

FIGURE 7: INDONESIA PAINTS & COATINGS MARKET, BY POLYESTER, 2021-2025 (IN $ BILLION)

FIGURE 8: INDONESIA PAINTS & COATINGS MARKET, BY ALKYD, 2021-2025 (IN $ BILLION)

FIGURE 9: INDONESIA PAINTS & COATINGS MARKET, BY EPOXY, 2021-2025 (IN $ BILLION)

FIGURE 10: INDONESIA PAINTS & COATINGS MARKET, BY POLYURETHANE, 2021-2025 (IN $ BILLION)

FIGURE 11: INDONESIA PAINTS & COATINGS MARKET, BY OTHER RESIN TYPE, 2021-2025 (IN $ BILLION)

FIGURE 12: INDONESIA PAINTS & COATINGS MARKET, GROWTH POTENTIAL, BY TECHNOLOGY, IN 2020

FIGURE 13: INDONESIA PAINTS & COATINGS MARKET, BY WATERBORNE, 2021-2025 (IN $ BILLION)

FIGURE 14: INDONESIA PAINTS & COATINGS MARKET, BY SOLVENT-BORNE, 2021-2025 (IN $ BILLION)

FIGURE 15: INDONESIA PAINTS & COATINGS MARKET, BY POWDER COATINGS, 2021-2025 (IN $ BILLION)

FIGURE 16: INDONESIA PAINTS & COATINGS MARKET, BY HIGH SOLIDS, 2021-2025 (IN $ BILLION)

FIGURE 17: INDONESIA PAINTS & COATINGS MARKET, BY RADIATION CURED, 2021-2025 (IN $ BILLION)

FIGURE 18: INDONESIA PAINTS & COATINGS MARKET, BY OTHER EMERGING TECHNOLOGIES, 2021-2025 (IN $ BILLION)

FIGURE 19: INDONESIA PAINTS & COATINGS MARKET, GROWTH POTENTIAL, BY APPLICATIONS, IN 2020

FIGURE 20: INDONESIA PAINTS & COATINGS MARKET, BY INDUSTRIAL, 2021-2025 (IN $ BILLION)

FIGURE 21: INDONESIA PAINTS & COATINGS MARKET, GROWTH POTENTIAL, BY INDUSTRIAL APPLICATIONS, IN 2020

FIGURE 22: INDONESIA PAINTS & COATINGS MARKET, BY AUTOMOTIVE, 2021-2025 (IN $ BILLION)

FIGURE 23: INDONESIA PAINTS & COATINGS MARKET, BY AEROSPACE & MARINE, 2021-2025 (IN $ BILLION)

FIGURE 24: INDONESIA PAINTS & COATINGS MARKET, BY INDUSTRIAL WOOD COATINGS, 2021-2025 (IN $ BILLION)

FIGURE 25: INDONESIA PAINTS & COATINGS MARKET, BY CONSUMER DURABLES, 2021-2025 (IN $ BILLION)

FIGURE 26: INDONESIA PAINTS & COATINGS MARKET, BY GENERAL INDUSTRIAL, 2021-2025 (IN $ BILLION)

FIGURE 27: INDONESIA PAINTS & COATINGS MARKET, BY OTHER INDUSTRIAL APPLICATIONS, 2021-2025 (IN $ BILLION)

FIGURE 28: INDONESIA PAINTS & COATINGS MARKET, BY ARCHITECTURAL, 2021-2025 (IN $ BILLION)

FIGURE 29: INDONESIA PAINTS & COATINGS MARKET, GROWTH POTENTIAL, BY ARCHITECTURAL, IN 2020

FIGURE 30: INDONESIA PAINTS & COATINGS MARKET, BY INTERIOR, 2021-2025 (IN $ BILLION)

FIGURE 31: INDONESIA PAINTS & COATINGS MARKET, BY EXTERIOR, 2021-2025 (IN $ BILLION)

  1. MARKET BY RESIN TYPE
    • ACRYLIC
    • POLYESTER
    • ALKYD
    • EPOXY
    • POLYURETHANE
    • OTHER RESIN TYPE
  2. MARKET BY TECHNOLOGY
    • WATERBORNE
    • SOLVENT-BORNE
    • POWDER COATINGS
    • HIGH SOLIDS
    • RADIATION CURED
    • OTHER EMERGING TECHNOLOGIES
  3. MARKET BY APPLICATIONS
    •    INDUSTRIAL
      • AUTOMOTIVE
      • AEROSPACE & MARINE
      • INDUSTRIAL WOOD COATINGS
      • CONSUMER DURABLES
      • GENERAL INDUSTRIAL
      • OTHER INDUSTRIAL APPLICATIONS
    •    ARCHITECTURAL
      • INTERIOR
      • EXTERIOR

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