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Report Overview

The Indonesia basic chemicals market size is projected to grow at a CAGR of 6.80% between 2026 and 2035. The development of the market is driven by the rising utilisation of eco-friendly practices and the surging adoption of automation by chemical manufacturers.

2025

Base Year

2019-2025

Historical Period

2026-2035

Forecast Period

Compound Annual Growth Rate

6.8%

2026-2035


*this image is indicative*

Key Trends in the Market

Basic chemicals are the foundation of the chemical sector and serve as building blocks for various products in multiple sectors. These chemicals have relatively simple chemical structures compared to speciality or fine chemicals. They are produced in large quantities and are essential for manufacturing a wide range of consumer goods and industrial products.

  • The Indonesia basic chemicals market growth is being propelled by the increasing adoption of sustainable practices in the chemical sector, driven by rising environmental concerns and the need to reduce carbon emissions. This includes the use of eco-friendly production methods, waste reduction, and the development of bio-based alternatives to traditional chemicals. Indonesia's rich biodiversity offers opportunities for sourcing raw materials for bio-based chemicals.
  • One of the major Indonesia basic chemicals market trends includes the increasing adoption of digital technologies and the principles of Industry 4.0. This movement involves the increasing use of automation, data analytics, and the Internet of Things (IoT) to refine operations, amplify effectiveness, and curtail operational expenditures in chemical manufacturing.
  • The developing export-oriented agriculture sector and increasing inclination towards chemical fertilisers are expected to aid the Indonesia basic chemicals market demand. Chemical fertilisers are comprised of basic chemicals such as nitrogen, phosphorus, and potassium, which play an important role in plant nutrition.

Moreover, Indonesia is one of the world’s largest producers and distributors of agricultural products such as palm oil, rubber, and cocoa, among others, and with the increasing demand for such products, the usage of basic chemicals is expected to substantially increase throughout the forecast period.

Market Segmentation

"Indonesia Basic Chemicals Market Report and Forecast 2026-2035" offers a detailed analysis of the market based on the following segments:

Breakup by Type

  • Inorganic Chemicals
  • Organic Chemicals

Breakup by Product

  • Ethylene
  • Propylene
  • Methanol
  • Benzene
  • Paraxylene
  • Chlorine
  • Ammonia
  • Acetic Acid
  • Others

Breakup by Application

  • Food and Beverage
  • Pharmaceuticals
  • Agriculture
  • Building and Construction
  • Energy
  • Pulp and Paper
  • Others

Market Share by Type

Organic chemicals are expected to account for a substantial portion of the Indonesia basic chemicals market share. Many traditional chemical processes rely on petrochemical feedstocks, which are derived from fossil fuels. These processes can contribute to greenhouse gas emissions, pollution, and resource depletion. Organic chemicals, on the other hand, often use renewable feedstocks and more environmentally friendly processes, reducing their ecological impact.

Market Share by Product

According to the Indonesia basic chemicals market analysis, the demand for ethylene is expected to grow rapidly owing to its importance as a basic chemical in the field of organic chemistry. It is an unsaturated hydrocarbon with the chemical formula C2H4. It is available in a clear and scentless gaseous form that is not visible to the naked eye at room temperature. The chemical is widely used as a plant hormone, helping with making fruits ripe and controlling plant growth.

Competitive Landscape

The comprehensive EMR report provides an in-depth assessment of the market based on Porter’s five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Indonesia basic chemicals market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.

Solvay S.A.

Solvay S.A. is a well-established multinational chemical enterprise hailing from Belgium. With a rich history dating back to 1863, when it was founded by Ernest Solvay, the company has garnered recognition for its expertise in the realms of chemistry and advanced materials. Since then, it has remained a leader in innovation and industrial progress. With a keen focus on the domains of chemistry and materials science, Solvay’s influence spans over 60 countries globally.

Borealis AG

Borealis AG is a prominent Austrian company that operates in the field of petrochemicals, plastics, and innovative solutions. Established in 1994, the company has since made a significant mark in the sector with its forward-thinking approach and commitment to sustainability. The company is renowned for its expertise in producing polyolefins, which are versatile plastic materials used in a wide range of applications, ranging from packaging and automotive components to consumer goods.

INEOS Capital Limited

INEOS Capital Limited, affiliated with the INEOS Group, is a prominent company in the sector of petrochemical companies worldwide. The INEOS Group has made its mark through a wide array of activities in the chemical field, spanning from producing petrochemicals to crafting speciality chemicals and plastics. Founded by Sir Jim Ratcliffe, the group came into existence in 1998 and has evolved into a significant force within the global chemicals and manufacturing landscape.

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other Indonesia basic chemicals market players include BASF SE, The Dow Chemical Company, Mitsubishi Chemical Corporation, LyondellBasell Industries Holdings B.V., Sumitomo Corporation, Eastman Chemical Company, Asahimas Chemical Company, and Chandra Asri Petrochemical, among others.

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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is projected to grow at a CAGR of 6.80% between 2026 and 2035.

The major market drivers are the increasing adoption of eco-friendly practices and the rising demand for ethylene.

The major trends aiding the market include the increasing adoption of the principles of Industry 4.0 and the increasing number of government initiatives aimed at promoting the usage of bio-based chemicals.

The major types include inorganic chemicals and organic chemicals.

The different products are ethylene, propylene, methanol, benzene, paraxylene, chlorine, ammonia, and acetic acid, among others.

The different applications of basic chemicals include food and beverage, pharmaceuticals, agriculture, building and construction, energy, and pulp and paper, among others.

The key players in the market are BASF SE, Solvay S.A., Borealis AG, INEOS Capital Limited, The Dow Chemical Company, Mitsubishi Chemical Corporation, LyondellBasell Industries Holdings B.V., Sumitomo Corporation, Eastman Chemical Company, Asahimas Chemical Company, and Chandra Asri Petrochemical, among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2025
Historical Period 2019-2025
Forecast Period 2026-2035
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Product
  • Application
Breakup by Type
  • Inorganic Chemicals
  • Organic Chemicals
Breakup by Product
  • Ethylene
  • Propylene
  • Methanol
  • Benzene
  • Paraxylene
  • Chlorine
  • Ammonia
  • Acetic Acid
  • Others
Breakup by Application
  • Food and Beverage
  • Pharmaceuticals
  • Agriculture
  • Building and Construction
  • Energy
  • Pulp and Paper
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • BASF SE 
  • Solvay S.A.
  • Borealis AG
  • INEOS Capital Limited 
  • The Dow Chemical Company 
  • Mitsubishi Chemical Corporation 
  • LyondellBasell Industries Holdings B.V. 
  • Sumitomo Corporation 
  • Eastman Chemical Company
  • Asahimas Chemical Company 
  • Chandra Asri Petrochemical 
  • Others

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