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Home Metal Mining and Chemicals Chemicals Global and Indonesia Soda Ash Industry Future Outlook: Ken Research

Global and Indonesia Soda Ash Industry Future Outlook: Ken Research

Country Outlook

Indonesia, being one of the highest South-East Asian economies is highly dependent on imports for most of its industrial products. Being devoid of any soda ash manufacturing plant, Indonesia is ranked 3rd worldwide for soda ash imports to meet the requirements for rapidly growing local end-user industries.

Positives and Negatives

Setup of Soda Ash the manufacturing plant will meet the End User Industry consumption requirements in Indonesia and other southeast Asian countries. Growing government focus on making Indonesia a base for promoting exports of glass and planned infrastructural investment in the future will augment growth with profitable opportunities in the country. Furthermore, long term partnerships can be established with the players as the growing household possession of dishwashers and washing machines will drive the demand for soap and Detergents industry in the future.global-and-indonesia-soda-ash-industry

However, contrarily, the Indonesian industry is paying an average gas price of $9.2 per MMBtu to the domestic glass manufacturers, while its regional peers that include Singapore, Thailand, and Malaysia enjoy prices below $6 per MMBtu. Manufacturers are facing high production costs and are still waiting for the government to cut prices despite repeated government assurances. This can restrict the production of glass and hence demand soda ash as raw material for the country.

Is it the right time to enter?

Government is encouraging investors for the immediate realization of the construction of soda ash a factory in Indonesia with respect to the funding and investments required for the setup, the Director-General of IKTA (Chemical, Textile, and Multifarious Industries) got proposals from three potential investors for the setup of the plant in the country.

Moreover, with respect to the official data, the low minimum wage rate of the country compared to the other South-Asian countries including China and Thailand, posed an opportunity for the manufacturers to get cheap labor in the country. The favorable factors promote the setup of soda ash manufacturing plant in the country. According to Ken Research Estimates, the new production plant of Soda Ash in Indonesia could break even in the next 3-5 years. With approximately 1 million tons of annual consumption needs, (currently being met by imports), the country poses favorable conditions to set up a new Soda Ash Manufacturing Plant.

 Analysts at Ken Research in their latest the publication “Global and Indonesia Soda Ash Industry Outlook to 2024 observed that Soda Ash Industry in Indonesia will foresee growth due to escalating demand from the end-user industries and promotion of growth in the industry through government initiatives and investments.

Key Target Audience: –

Soda Ash Manufacturers

Soda Ash Distributors

Chemicals Industry

Glass Industry

Soaps and Detergents Industry

Industry Associations

Government Associations

Government Agencies

Private Equity and Venture Capitalist Firms

Time Period Captured in the Report:

Historical Period: 2012 – 2019(P)

Forecast Period: 2019 – 2024F

Companies Covered:

Manufacturers

Solvay

Nirma

Ciner

TATA Chemicals

Genesisalkali

CIECH Group

Distributors

ANSAC

PT Lautan Luas

PT AKR Corporindo

Key Topics Covered in the Report: –

Global Soda Ash End Users

Asia Soda Ash Market

Ciner Soda Ash Production Capacity

Global Glass Industry Report

Global Glass Market Industry

Global Laundry Detergent Industry Revenue

Global Natural Soda and Synthetic Soda Ash Market

Global Natural Soda Ash Consumption Market

Global Players Soda Ash Market

Global Soda Ash Consumption Market

Global Soda Ash Production in Thousand Million Metric Tons

Household Cleaners Global Market Size

Solvay Soda Ash Market Future

Synthetic Soda Ash Consumption Market

TATA Chemicals Market Revenue Share

For More Information on the research report, refer to below link: –

Global and Indonesia Soda Ash Industry

Related Report by Ken Research: –

India Organic Chemical Industry Outlook to 2019 – Driven by Consumer Preferences and Integrated Production of Chemicals

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

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