Home

Search History

Clear History

Hot Searches

Change

Subscribe eNews

Once A Week Once Every Two Weeks

Applications

Porsche expands Technical Division in China

Envalior’s eco-friendly nylon in snowboard binding

Rethinking plastic life: Case studies in Asian countries

Products

Japanese researchers leverage ML to optimize polymer production

ENGEL acquires a stake in Indian machine manufacturer

Nouryon launches partially biobased microspheres

Activities

Round Table at Fakuma 2023: “Plastic – Recyclable Rather Than Problem Material!”
ArabPlast 2023 – The Success Journey Continues………..
GREAT NEWS! INAPA 2023 IS COMING BACK 24 - 26 May 2023 at JIExpo Jakarta, Indonesia

Pictorial

Webinars

[Mandarin] Covestro: Next-generation chemical resistant polycarbonate solutions for the healthcare and wellness industries

[Mandarin] BASF:Tinuvin® NOR® 211 AR - High performing and value-in-use NOR® HALS® that can resist high levels of UV light, heat and acids

[English] SABIC Webinar : Enabling a Circular Economy for Plastics Together

Conferences

6th Edition CHINAPLAS x CPRJ Plastics Recycling and Circular Economy Conference and Showcase

13th Edition CPRJ Plastics in Automotive Conference and Showcase

6th Edition CPRJ Medical Plastics and Rubber Conference and Showcase

Industry Topic

ASEAN: The Next Manufacturing Hub

Innovative and Sustainable Packaging

Recycling and Circular Economy

CHINAPLAS

CHINAPLAS 2024 Focus

CHINAPLAS 2023 Focus

Exhibition Topic

Fakuma 2024 Highlights

CHINA FOCUS

K 2022 FOCUS

News Videos

(Interview) CPCIF: How to achieve circular and economical

Trip to South Korea: Different practices, same goal

Trip to South Korea: INC-5 negotiations slow in progress

Conference Videos

【Mandarin session:Webinar playback】BASF:Tinuvin® NOR® 211 AR - High performing and value-in-use NOR® HALS® that can resist high levels of UV light, heat and acids

[Webinar playback] SABIC Webinar : Enabling a Circular Economy for Plastics Together

【Mandarin session:Webinar playback】The new generation application of Siriusvision inspection technology in the printing industry

Corporate/Product Videos

ENGEL adheres to the concept of circular economy, focuses on new plastics technology, and we are committed to provide our customers with suitable and high efficient injection molding solutions.

LSP -1600HDPE Three layer Solid Pipe Coextrusion Line

Zhuhai CPT Precision Mold Co.,LTD

Exhibition

Playback TECHHUB@CPRJ Live Streaming for CHINAPLAS

Events

Playback 5th Edition CHINAPLAS x CPRJ Plastics Recycling and Circular Economy Conference and Showcase

News

Events

Special

Video

Live

eNews

eBook

Event Calendar

Survey

CHINA FOCUS

Comment
(0)

Home > News > Regional News

Indonesia’s packaging and automotive sectors boost demand for plastics

Source：Adsale Plastics Network Date ：2024-02-14 Editor ：RC

Copyright： This article was originally written/edited by Adsale Plastics Network (AdsaleCPRJ.com), republishing and excerpting are not allowed without permission. For any copyright infringement, we will pursue legal liability in accordance with the law.

Triggered by the expansion of industrial sector, Indonesia’s demand for plastics spurred in recent years. According to the Growth Market Reports, Indonesia’s plastics market size was valued at US$8.63 billion in 2022 and is likely to reach US$14.58 billion by 2031, expanding at a CAGR of 6% during the forecast period 2023-2031.

Among several important industries which are crucial to Indonesia’s plastics industry, packaging, automotive and medical sectors are experiencing rapid development.

Circularity commitment driving packaging sector

Indonesia’s packaging industry remains the major application of plastics. A report of Global Data stated that the country’s packaging market size, valued at 151.3 billion units in 2022, is expected to achieve a CAGR of more than 3% during the period 2022-2027, with flexible packaging segment dominating the market share until 2027.

Due to the Indonesia’s government placing circular economy as the main focus for the long-term national development plan, companies have greater incentive to supply advanced recycling solutions and sustainable materials.

Coca-Cola in Indonesia launched new packaging made by 100% recycled PET (rPET), excluding caps and labels. It also operates a recycling plant in Cikarang.

Indonesia_cocacola packaging_480.jpg

Coca-Cola in Indonesia launched new packaging made by 100% rPET. (Source: Coca-Cola Indonesia)

Indonesia plastic recycler, Pan Era Group and Millikken & Company, signed a partnership agreement to combine Pan Era Group’s expertise in the collection and production of recycled PP plastic resin with Milliken’s additive technology solutions.

BASF invested in the capacity expansion of polymer dispersions at its Merak production site, with the aim to fulfil the growing demand for acrylics and styrene-butadiene dispersions. CJ BIO also manufactures polyhydroxyalkanoate (PHA), which help improve functional characteristics and biodegradability of other polymers, at its facilitate in Pasuruan.

E-mobility trend boosting automotive production

Indonesia’s automotive companies increasingly focuses on launching electric vehicles (EVs), along with meeting trends including lightweight, enhanced safety and autonomy. Engineering plastics for the automotive industry are predominantly imported, with estimated data that Indonesia’s automotive industry will need about 200,000 tons of plastics yearly.

Wuling Motors Indonesia launched the Wuling Bingo EV, its second EV model. (Source: Wuling Motors Indonesia)

PT Neta Auto Indonesia, which introduced the Chinese-made Neta V electric car, announced its plan to build an assembly plant in Indonesia with local company PT Handal Indonesia Motor.

Another car manufacturer, Wuling Motors Indonesia launched the Wuling Bingo EV, its second EV model. Apart from Wuling, there are other Chinese EV manufacturers that expressed their interest to produce their models in Indonesia, with Indonesian government’s target of 600,000 EV production by 2030.

Hyundai Mobis also constructed an EV battery system plant in Indonesia, with an investment of around US$60 million. Battery cells are secured from the local joint venture, HLI Green Power, and the finished battery system as a module will be supplied to the Hyundai Motor plant.

At CHINAPLAS 2024, Indonesian plastics manufacturers will witness a full range of new materials and high-tech processes to enable them to further enhance their production efficiency and profitability in the wake of fast-changing consumer preferences.

Like 丨 {{details_info.likes_count}}

Indonesia

Electric vehicles

Packaging

Automotive

Circular economy

KunRun Machinery(Shanghai) Co.,Ltd.

Tangshan Zhonghao Chemical Co., Ltd

Oechsler Plastic Products (Taicang) Co.,Ltd

FCS-Group

HAITIAN INTERNATIONAL HOLDINGS LIMITED

Rongsheng Petrochemical Co., Ltd.

The content you're trying to view is for members only. If you are currently a member, Please login to access this content. Login