INDONESIAN TYRE & RUBBER MARKET OVERVIEW
Indonesia is a global heavyweight in the tyre and rubber sectors, operating uniquely as both a top-tier raw material producer and a booming domestic consumer market. Valued at approximately USD 2.44 billion, the Indonesian automotive tyre market is expanding steadily at a CAGR of 3.56%, driven by a massive circulating vehicle fleet, extensive road network expansions, and a rapid rise in e-commerce logistics fleets. Simultaneously, Indonesia stands as the world’s second-largest exporter of natural rubber, accounting for roughly 18.6% of the global supply and exporting over USD 3.14 billion worth of raw rubber annually to major industrial hubs like the US, Japan, and China.