Is there an entry space for a Soda Ash Manufacturer in Indonesia: 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.

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 a 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 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.

For More Information on the research report, refer to below link: -
https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/global-and-indonesia-soda-ash-industry-outlook/329096-101.html

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: -
Overview of Global Soda Ash Market
Major Manufacturers and Threats Faced
Global Soda Ash Production and Sales
Overview of Indonesia Soda Ash Market
Trade Analysis of Soda Ash
Consumption Trends affecting Soda Ash Market
Soda Ash Plant Setup in Indonesia
Soda Ash Manufacturers Revenue Streams
Regional and Global Trends affecting Consumption
Soda Ash End Users Industry at Global and Indonesia level
Soda Ash Raw Materials Trading in Indonesia
Soda Ash Plant Layout, Organizational Structure, and Costs in Indonesia
Company Profile of Major Soda Ash Manufacturers (Business Segments, Geographical Presence, Suppliers, Future Strategy, Partnerships, Operations)
Company Profile of Soda Ash Distributors in Indonesia (Distribution Process, Business Models, Major Importing Countries)

Related Report by Ken Research: -
https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/india-organic-chemical-market-research-report/674-101.html

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

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