Suppliers and customers operating in the fast-moving Indonesia market can now access gasworld Intelligence’s Pulse report and find all about the latest data and trends to help them in their commercial decision making.
Indonesia’s industrial gas market is poised for sustained growth to 2030, driven by demand from manufacturing, energy and healthcare sectors.
Demand for nitrogen, oxygen and carbon dioxide continue to rise with merchant volumes increasing year-on-year while hydrogen shows potential for transport and power generation, in line with global clean energy initiatives. But the country remains strongly tied to coal and natural gas, whose contribution to electricity generation accounts for around 18%.
Aidan Sparrowhawk, Data Intelligence Director, said between 2015 and 2029 Indonesia’s industrial gas revenues are set to double to $754m. Over this period, food, manufacturing and metallurgy are the largest gas markets by end users. The report shows Air Liquide occupies a dominant position.
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