{"id":740,"date":"2021-03-03T04:17:54","date_gmt":"2021-03-03T04:17:54","guid":{"rendered":"https:\/\/energi-adidaya.com\/?p=740"},"modified":"2021-03-06T08:38:17","modified_gmt":"2021-03-06T08:38:17","slug":"paint-and-coating-industry-for-marine-building-in-indonesia","status":"publish","type":"post","link":"https:\/\/energi-adidaya.com\/id\/2021\/03\/03\/paint-and-coating-industry-for-marine-building-in-indonesia\/","title":{"rendered":"Paint and Coating Industry For Marine Building In Indonesia"},"content":{"rendered":"
The Indonesian Property sector is one of the main reasons for the growth of Indonesia\u2019s paint and coating industry. After an economic slowdown in 2015 Indonesian government had their backup by supporting infrastructure and housing projects for the next 5 years.<\/p>\n
Government support is expected to grow and gradually stable the growth in Marking a national standard for painting and coating over these years. However, since 2016 they picked up the pace. Even after programs and projects for the development of less income mass housing, the housing sector is still trying to keep up with the growing population and their demands.<\/p>\n
Many Indonesian millennials fear that they won\u2019t be able to buy in urban centers because the key component to secure the balance between middle-class and long-term economic growth is property ownership.<\/p>\n
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In the present 75 years of independence compared to the us dollar paint and coating industry can see a downturn in the rupiah exchange rate; Indonesia\u2019s paint and coating industry been in stable growth and was not much affected by the economic slowdown as the rising real estate developers, industrial consumers like property and Indonesia\u2019s middle class held the hand.<\/p>\n
More with the furniture makers, automotive industry, and electronic, marine. The Indonesian property sector is the major growth in demand for the tradition of repainting the house in public holidays like Eid and Christmas or New Year makes the rise in demand. Upcoming dates have hopes and visible strength in top 3rd<\/sup> furniture manufacturers with Vietnam and Malaysia in ASEAN.<\/p>\n Domestic paint consumption of Indonesia in 2010 was 772,454 tons, Increased to 877,459 tons with a market value of 15 trillion IDR in 2014. More paint experts raising from 21,742 tons in 2010 to 29,068 tons in 2015. Imports from 45,927 to 65,392 tons between 2013 to 2014. More than half of paint sales in Indonesia are decorative paint by industrial and automobile. Market value dropped nearly 10 to 12 trillion IDR.<\/p>\n The industry was denied 10%, and only 60% of production was used in 2015. An increase in the labor fee led to exacerbating the lower demand from the automotive and property sector, decreasing the profit by 0.4% in 2016. The industry managed to grow titanium dioxide by 9.7% annually, also was supported by large-scale infrastructure projects by the Indonesian government. Some of the projects required enough paints and coatings to maintain the growth.<\/p>\nIncrease in Competition and Investment<\/u><\/strong><\/h2>\n