Indonesia Adhesives Market Overview

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 5.87% (2024-2032)

The Indonesia adhesives market is driven by rapid industrialization, growing construction activities, and increasing demand from the automotive and packaging sectors. According to the latest report by IMARC Group, ​The Indonesia adhesives market size is projected to exhibit a growth rate (CAGR) of 5.87% during 2024-2032.

Indonesia Adhesives Market Trends and Drivers:

The Indonesia adhesives market is expanding rapidly, owing to several interconnected factors. Primarily, the growing automotive, packaging, as well as construction sectors are the major drivers of the market. Besides this, the rising urbanization and industrialization nationwide are reflected in the increased need for adhesives in infrastructure projects, such as residential along with commercial structures. Additionally, the heightened use of adhesives in automotive manufacturing, particularly for lightweight and energy-efficient vehicles, is propelling the growth of the Indonesia adhesives market. In line with these factors, the packaging industry, fueled by the booming e-commerce sector, also significantly contributes to the rising demand for various types of adhesives, such as hot melts and pressure-sensitive adhesives. Moreover, government initiatives aimed at boosting local manufacturing and infrastructure development are positively influencing the market dynamics.

A key trend shaping the Indonesia adhesives market is the rising preference for eco-friendly and sustainable adhesives. This shift is driven by increasing environmental consciousness along with stringent regulations on volatile organic compounds (VOCs). In addition to these factors, adhesive manufacturers are focusing on developing bio-based and water-based products to meet these sustainability goals. Furthermore, technological advancements in adhesive formulations, such as improved bonding strength and resistance to extreme conditions, are enhancing their applicability across diverse industries. With the growing emphasis on industrial automation, adhesives are also gaining traction as a viable alternative to traditional fastening methods, offering superior performance and efficiency. Consequently, these trends are anticipated to sustain the expansion of the Indonesia adhesives market over the forecasted period.

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Indonesia Adhesives Market Report Segmentation:

The report has segmented the market into the following categories:

Resin Insights:

  • Acrylic
  • Cyanoacrylate
  • Epoxy
  • Polyurethane
  • Silicone
  • VAE/EVA
  • Others

Technology Insights:

  • Hot Melt
  • Reactive
  • Solvent-borne
  • UV Cured Adhesives
  • Water-borne

End Use Industry Insights:

  • Aerospace
  • Automotive
  • Building and Construction
  • Footwear and Leather
  • Healthcare
  • Packaging
  • Woodworking and Joinery
  • Others

Regional Insights:

  • Java
  • Sumatra
  • Kalimantan
  • Sulawesi
  • Others

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Other key areas covered in the report:

  • COVID-19 Impact on the Market
  • Porter’s Five Forces Analysis
  • Strategic Recommendations
  • Market Dynamics
  • Historical, Current and Future Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain Analysis
  • Comprehensive Mapping of the Competitive Landscape
  • Top Winning Strategies
  • Recent Industry News
  • Key Technological Trends & Development

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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