This market is driven by factors, such as demand from the thriving automotive and construction industry. However, this market faces certain drawbacks, such as declining commodities sector in the country and government regulations regarding voc emissions.
These factors may act as a roadblock to the growth of the market.
The Indonesia Adhesives market, based on technology, can be broadly segmented into water-borne adhesives, solvent-borne adhesives, reactive adhesives, hot melts adhesives, and others. These are again segmented according to the sub-segmentations of the technology. The Pressure Sensitive Adhesives Market, is segmented based on technology, application, resins and mode of application into respective sub-segments.
The rise in public investments due to monetary policy reforms will offer numerous opportunities for the growth of the adhesives market in the country. Some of major companies dominating the market for its products, services, and continuous product development are Henkel( PT. Henkel Indonesia), Sika Indonesia P. T., 3M( PT. 3M Indonesia), Dow Chemicals, PT. Aica Indria, Indochemie Jelyna Lemindo Prima and PT. Higo, to name a few
Key Deliverables in the Study
1. Market analysis for the Indonesia Adhesives Market, with region specific assessments and competition analysis 2. Market definition along with the identification of key drivers and restraints 3. Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market 4. Extensively researched competitive landscape section with profiles of major companies along with their market shares 5. Identification and analysis of the macro and micro factors that affect the Indonesia Adhesives
Market 6. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information 7. A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market
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