Indonesia Containerboard Market by Material (Virgin Fibres, Recycled Fibres, and Mixed Fibres), by Type (Linerboard and Flutting), by Wall Type (Single Face, Single Wall, Double Wall, and Triple Wall), and by End-User (Food and Beverage, Consumer Electronics, Personal Care and Cosmetics, and Others End-User) – Opportunity Analysis and Industry Forecast, 2024–2030
Industry: Materials and Chemical | Publish Date: 02-Nov-2024 | No of Pages: 112 | No. of Tables: 79 | No. of Figures: 44 | Format: PDF | Report Code : MC2653
Indonesia Aluminium Market Overview
Indonesia Aluminium Market size was valued at USD 2.45 billion in 2023, and is predicted to reach USD 4.55 billion by 2030, at a CAGR of 9.2% from 2024 to 2030.
The aluminum market involves the industry dedicated to producing, distributing, and using aluminum, a lightweight and silvery-white metal. Aluminum constitutes about 8% of the Earth's crust and is known for its low density, high strength, and natural corrosion resistance due to an oxide layer.
These characteristics make aluminum valuable in sectors such as aerospace, automotive, construction, packaging, and electronics. Its lightweight property enhances efficiency, particularly in transportation. Aluminum is manufactured from bauxite ore through the Bayer process and electrolysis. Advances in technology and recycling have improved the energy efficiency and sustainability of production, supporting the industry's growth.
Expanding Infrastructure Fuels Aluminum Demand in Indonesia
Indonesia's expanding construction and infrastructure sectors are driving the growing domestic demand for aluminum. The development of residential buildings, commercial complexes, and large-scale infrastructure projects, such as roads, bridges, and airports, increases the need for aluminum in various applications, including window frames, roofing, cladding, and structural components.
According to the Organization for Economic Cooperation and Development, nearly 400 infrastructure investment projects in transport, energy, water, and ICT are set to be completed by 2025 under the Indonesian government's initiatives.
Investments in Smelting Facilities Boost Indonesia's Aluminum Industry
The organizations are actively investing in new facilities, technologies, and expanding production capacity to strengthen the domestic aluminum industry in Indonesia. For example, in December 2021, PT Adaro Energy, an Indonesian coal company, announced a USD 728 million investment to build an aluminum smelter in Borneo.
This initiative aims to meet the growing in Indonesia aluminium market demand and reinforce Indonesia's position in the global aluminum market. The new smelter is expected to significantly contribute to the expansion of the aluminum industry and enhance the country's production capabilities.
Environmental and Regulatory Constraints Hinders the Growth of Aluminium Market
The aluminum industry encounters significant challenges stemming from strict environmental regulations and sustainability requirements. Compliance with emissions control, waste management, and energy efficiency targets often leads to increased operational costs for producers.
Adhering to these rigorous standards demands substantial investments in technologies and processes designed to minimize the environmental impact of aluminum production. Although these measures are essential for promoting a greener industry, they also add complexity and raise production costs, ultimately impacting the efficiency and profitability of aluminum manufacturing.
Sustainable Packaging Creates Ample Future Opportunities
The increasing emphasis on sustainable packaging presents substantial growth in Indonesia aluminium market opportunities for the aluminum market. Aluminum is highly valued for packaging applications such as cans, bottles, and foils due to its recyclability and effectiveness in preserving product quality and freshness.
As eco-conscious consumers and brands strive to minimize their environmental impact, they are increasingly opting for aluminum as their preferred packaging material. This choice helps reduce waste and supports sustainability goals, contributing to the Indonesia aluminium market growth.
Competitive Landscape
Several key players operating in the Indonesia aluminium industry include China Hongqiao Group Limited (China), PT Indonesia Asahan Aluminium (Inalum), PT. Daiki Aluminium Industry Indonesia, PT. ALEXINDO (Aluminium Extrusion Indonesia), PT Alumindo Light Metal Industry Tbk, PT Alakasa Industrindo Tbk, PT Indal Aluminium Industry Tbk, Hindalco Industries Ltd., East Hope Group Company Limited, PT Indoaluminium Intikarsa Industri, and others.
Indonesia Aluminium Market Key Segments
By Product Type
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Flat-Rolled
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Castings
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Extrusions
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Forgings
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Powder & Paste
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Other Types
By Type
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Primary
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Secondary
By End-User Industry
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Transport
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Consumer Goods
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Machinery & Equipment
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Construction
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Foil & Packaging
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Electrical Engineering
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Others
Key Players
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China Hongqiao Group Limited (China)
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PT Indonesia Asahan Aluminium (Inalum)
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PT. Daiki Aluminium Industry Indonesia
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PT. ALEXINDO (Aluminium Extrusion Indonesia)
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PT Alumindo Light Metal Industry Tbk
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PT Alakasa Industrindo Tbk
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PT Indal Aluminium Industry Tbk
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Hindalco Industries Ltd.
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East Hope Group Company Limited
-
PT Indoaluminium Intikarsa Industri
REPORT SCOPE AND SEGMENTATION:
|
Parameters |
Details |
|
Market Size in 2023 |
USD 2.45 Billion |
|
Revenue Forecast in 2030 |
USD 4.55 Billion |
|
Growth Rate |
CAGR of 9.2% from 2024 to 2030 |
|
Analysis Period |
2023–2030 |
|
Base Year Considered |
2023 |
|
Forecast Period |
2024–2030 |
|
Market Size Estimation |
Billion (USD) |
|
Growth Factors |
|
|
Companies Profiled |
10 |
|
Market Share |
Available for 10 companies |
|
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
|
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |
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Quantitative research is particularly effective in measuring the prevalence of trends, assessing market size, and gauging the impact of various factors on consumer behavior. The numerical precision attained through this approach equips our clients with actionable insights, facilitating data-driven decision-making and strategy formulation.
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