Indonesia Pozzolan Market Outlook (2018 to 2032)
Synopsis
The above chart is Indonesia Pozzolan Market Outlook (2018 to 2032)
Market Dynamics
The indonesia pozzolan market is one of the most competitive in the world, having seen steady expansion since the opening of the indonesian economy in the late 1980s. pozzolan is the name given to naturally occurring silicate materials found in volcano-formed soils and gravels, and it can be used as an ingredient in cement production for concrete materials. demand for pozzolan in indonesia has increased as a result of heightened infrastructure construction in the country, as major projects like the palapa ring are set to inject over ten trillion rupiah into the economy. the indonesian economy is expected to remain healthy over the short-term, despite unfavorable trends in the global economy in 2018 and afterwards. although the country’s gdp growth rate fell from 5.3% in 2016 to a projected 5.1% in 2018, the overall forecasting for the nation in the medium-term is positive. this bodes well for the indonesian pozzolan market, suggesting that demand for the material should remain steady over the next few years, if not increase slightly. the market is currently characterized by strong local production and distribution networks, as well as low levels of imports. indonesia’s favorable geographic location, its already-established production and stock bases, and an easily accessed distribution network make it a prime market for pozzolan. as a result, the expected growth of the sector is pushed into being an even bigger entity, with more businesses setting up in the country and increasing competition by providing cheaper, locally produced pozzolan. looking further ahead, the indonesian pozzolan market should experience sustained growth over the next fifteen years. a number of favourable market trends are expected to persist, with rising, sustaining demand for the material from infrastructure projects, as well as an increase in the competitiveness of local suppliers. furthermore, the development of regional infrastructure projects, such as the palapa ring, will need more cement, putting further emphasis on the pozzolan market. overall, the indonesian pozzolan market is poised to experience a significant period of growth over the next fifteen years, with demand for the material likely to remain robust and local suppliers to rise in competitiveness in the sector. the medium-term outlook for the sector should remain positive, with growth stemming from strong market forces and existing infrastructure projects.