With its population of 250 million and growing personal consumption, Indonesia is expanding both economically and in industrial gas terms. For this reason, it is also the focus of a number of leading players in the Japan gases industry.
Citing a survey made by the Japan External Trade Organisation (JETRO), The Gas Review (TGR) notes that as of March 2014, almost 1500 Japanese companies had ventured into the country. The automotive industry in particular had achieved ‘amazing’ expansion in the country, following the lead of Toyota Motor when it moved into an industrial park in the vicinity of Jakarta around 40 years ago.
It’s understood that Japanese cars currently account for around 90% of the cars on the road in Indonesia, for example.
This is just one of a number of factors driving growth in the Indonesian industrial gases business. The market is estimated to be valued at ¥35bn according to TGR, with domestic producer Samator accounting for around 50% of the market. Industrial gas majors Air Liquide, Air Products and The Linde Group have all penetrated the market, while the trend for Japanese gas companies is increasing.
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