Indonesia Textile Chemicals Market Size & Outlook
Indonesia textile chemicals market, 2018-2030 (US$M)
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Indonesia textile chemicals market highlights
- The Indonesia textile chemicals market generated a revenue of USD 656.4 million in 2022 and is expected to reach USD 1,030.8 million by 2030.
- The Indonesia market is expected to grow at a CAGR of 5.8% from 2023 to 2030.
- In terms of segment, synthetic was the largest revenue generating nature in 2022.
- Natural is the most lucrative nature segment registering the fastest growth during the forecast period.
Textile chemicals market data book summary
| Market revenue in 2022 | USD 656.4 million |
| Market revenue in 2030 | USD 1,030.8 million |
| Growth rate | 5.8% (CAGR from 2022 to 2030) |
| Largest segment | Synthetic |
| Fastest growing segment | Natural |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Natural, Synthetic |
| Key market players worldwide | OMV AG, Basf SE, Shell PLC, Lanxess AG, Dow Inc, Huntsman Corp, Kemira Oyj, The Lubrizol Corp, Petronas Chemicals Group Bhd, Evonik Industries AG, Solvay SA |
Other key industry trends
- In terms of revenue, Indonesia accounted for 2.6% of the global textile chemicals market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China textile chemicals market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,349.1 million by 2030.
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Textile Chemicals Market Scope
Textile Chemicals Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Indonesia textile chemicals market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to textile chemicals market will help companies and investors design strategic landscapes.
Synthetic was the largest segment with a revenue share of 61.87% in 2022. Horizon Databook has segmented the Indonesia textile chemicals market based on natural, synthetic covering the revenue growth of each sub-segment from 2018 to 2030.
The textile industry is a significant contributor to the growth of the textile chemicals market in Indonesia. The use of chemicals in the textile industry has become a necessity in order to produce high-quality textiles and meet the increasing demand for various types of fabrics.
Indonesia is one of the largest producers of textiles and clothing in Southeast Asia and has been experiencing rapid growth in recent years. The Indonesian government has also been supporting the growth of the textile industry through various initiatives, including tax incentives and investment in infrastructure.
As a result, the demand for textile chemicals in Indonesia has been increasing as more and more textile companies adopt modern manufacturing processes and look to improve the quality of their products.
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Target buyers of Indonesia textile chemicals market databook
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Our clientele includes a mix of textile chemicals market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Indonesia textile chemicals market , including forecasts for subscribers. This country databook contains high-level insights into Indonesia textile chemicals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Indonesia textile chemicals market size, by nature, 2018-2030 (US$M)
Indonesia Textile Chemicals Market Outlook Share, 2022 & 2030 (US$M)
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