Industry and Marketing Prospect of PHOSPHOR GROUP in Indonesia, In Indonesia, phosphoric acid, super phosphate / SP-36 and sodium tripolyphosphate (STPP) can be self-produced. Phosphoric acid is already produced by two companies, while super phosphate fertilizer and STPP, each by one company. Although upstream raw materials are still import dependent, these three chemicals are developing quite well in the country.
But unfortunately the growth of consumption of these three chemicals is much faster than the existing capacity of the factory. As a result, Indonesia still suffers from supply deficits and to cover the shortage of supply, it continues to import with a large volume and even tend to increase.
As the industry grows, Bizteka predicts that in the next five years the demand for phosphoric acid, SP-36 fertilizer and STPP in the domestic market will increase. On the other hand, until now there is no single investor interested in investing in this industry sector.
Given the huge market potential it encourages Bizteka to further discuss the prospect of phosphorous industry and marketing in Indonesia. The industry profile will present the development of supply and demand of three phosphorous industries in the domestic market and its market opportunities in the next five years.
This report is prepared based on interviews with phosphoric acid, super phosphate / SP-36 and sodium tripolyphosphate producers, chemical distributors and the user industries as primary data. Secondary data is obtained from related government institutions such as the Ministry of Industry, Central Bureau of Statistics (BPS), Investment Coordinating Board (BKPM), Fertilizer Manufacturers Association of Indonesia (APPI) and data banks of CCI.