Market Forecast By Purity (Denatured, Non-Denatured), By Sources (Sugar & Molasses Based, Grained Based, Second Generation) By Application (Industrial Solvent, Fuel & Fuel Additives, Beverages, Disinfectant, Personal Care, Others) And Competitive Landscape
Product Code: ETC003160 | Publication Date: Jul 2020 | Updated Date: Sep 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Tunisia Ethanol market currently, in 2023, has witnessed an HHI of 8142, Which has increased slightly as compared to the HHI of 4110 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
In the year 2021, Brazil was the largest exporter in terms of value, followed by France. It has registered a growth of 412015.88% over the previous year. While France registered a decline of -52.46% as compare to the previous year. In the year 2017 Pakistan was the largest exporter followed by Egypt. In term of Herfindahl Index, which measures the competitiveness of countries exporting, Tunisia has the Herfindahl index of 4110 in 2017 which signifies high concentration also in 2021 it registered a Herfindahl index of 7407 which signifies high concentration in the market.
The Tunisia Ethanol Market report thoroughly covers the market by Purity, Source, and Application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Tunisia Ethanol Market has witnessed growth in the past years due to several factors such as increasing government initiatives, rising awareness about the benefits of ethanol, climate change, and environmental pollution, and the growing economy of the country. The market is expected to grow remarkably in the coming years.
According to 6Wresearch, the Tunisia Ethanol Market size is expected to grow at a significant CAGR of 10% during 2024-2030. The Tunisian government has implemented various policies to promote the use of ethanol as an alternative fuel. This is a primary driver of the market. Moreover, with increasing concerns about climate change and environmental pollution, there has been a shift towards renewable energy sources. This has led to a rise in demand for biofuels such as ethanol. Furthermore, the production of ethanol in Tunisia has created job opportunities and contributed to the country's economic growth. Additionally, the local production of ethanol has also reduced dependence on imported fuels, thus saving foreign currency for the country.
One of the major challenges faced by the Tunisia ethanol market is a lack of infrastructure, such as storage facilities and transportation networks, to support its growth. The production of ethanol involves a complex process, thus its production cost is high.
Key players in the Tunisia Ethanol Market include names such as Société des Industries Chimiques du Soudan (SICS), Société Tunisienne de l'Electricité et du Gaz (STEG), Agro Bio Ethanol, Green Power Plant Tunisia, La Compagnie des Levures de Tunisie (CLT), Société du Raffinage de Bizerte (SRB), ENI Tunisia BV, Petrofac Tunisia, Total Tunisie, and H.Baker International Inc. These companies have significantly contributed to the growth of the ethanol market in Tunisia by investing in modern production technologies and expanding their distribution networks.
One of the key initiatives is the adoption of a national biofuel program. This program set targets to increase the production and use of biofuels such as ethanol. The government offers certain incentives and subsidies to biofuel producers to encourage investment in the ethanol market. These include tax exemptions on imported machinery and equipment used for biofuel production and reduced tariffs on imported raw materials and additives. Additionally, the Tunisian government also provides technical support to biofuel producers through research and development programs. Another important initiative is the promotion of flex-fuel vehicles, which can run on blends of ethanol and gasoline. Furthermore, the Tunisian government has implemented policies to encourage the use of biofuels in public transport.
The ethanol market in Tunisia is expected to grow significantly in the coming years due to the growing focus on renewable energy sources and sustainable development. The government's continued support and investment in the industry are expected to drive further growth. Moreover, with increasing consumer awareness about the benefits of ethanol as a fuel source, there is potential for significant expansion in both domestic consumption and export opportunities. Additionally, the use of ethanol as a biofuel has also gained attention due to its potential to reduce carbon emissions in the transportation sector.
According to Ravi Bhandari, Research Head, 6Wresearch, the non-denatured ethanol segment is expected to grow significantly in the Tunisia ethanol market due to the increasing demand for clean and renewable fuel sources, as well as its use in industrial solvents and personal care products.
In terms of source, the second-generation ethanol segment is projected to witness significant growth due to its sustainable production methods and lower carbon footprint.
Based on the applications, fuel and fuel additives are expected to dominate the market share owing to government regulations promoting biofuels and rising concerns about air pollution.
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Tunisia Ethanol Market Overview |
3.1 Tunisia Ethanol Market Revenues and Volume, 2020-2030F |
3.2 Tunisia Ethanol Market Revenue Share, By Purity, 2020 & 2030F |
3.3 Tunisia Ethanol Market Revenue Share, By Source, 2020 & 2030F |
3.4 Tunisia Ethanol Market Revenue Share, By Application, 2020 & 2030F |
3.5 Tunisia Ethanol Market - Industry Life Cycle |
3.6 Tunisia Ethanol Market - Porter’s Five Forces |
4. Tunisia Ethanol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Tunisia Ethanol Market Trends |
6. Tunisia Ethanol Market Overview, by Source |
6.1 Tunisia Sugar & Molasses Based Ethanol Market Revenues and Volume, 2020-2030F |
6.2 Tunisia Grained Based Ethanol Market Revenues and Volume, 2020-2030F |
6.3 Tunisia Second Generation Ethanol Market Revenues and Volume, 2020-2030F |
7. Tunisia Ethanol Market Overview, by Purity |
7.1 Tunisia Ethanol Market Revenue and Volumes, By Denatured, 2020-2030F |
7.2 Tunisia Ethanol Market Revenue and Volumes, By Non-Denatured, 2020-2030F |
8. Tunisia Ethanol Market Overview, by Application |
8.1 Tunisia Ethanol Market Revenue and Volumes, By Industrial Solvent, 2020-2030F |
8.2 Tunisia Ethanol Market Revenue and Volumes, By Fuel & Fuel Additives, 2020-2030F |
8.3 Tunisia Ethanol Market Revenue and Volumes, By Beverages, 2020-2030F |
8.4 Tunisia Ethanol Market Revenue and Volumes, By Disinfectant, 2020-2030F |
8.5 Tunisia Ethanol Market Revenue and Volumes, By Personal Care, 2020-2030F |
8.6 Tunisia Ethanol Market Revenue and Volumes, By Others, 2020-2030F |
9. Tunisia Ethanol Market Key Performance Indicators |
10. Tunisia Ethanol Market Opportunity Assessment |
10.1 Tunisia Ethanol Market Opportunity Assessment, By Purity, 2030F |
10.2 Tunisia Ethanol Market Opportunity Assessment, By Source, 2030F |
10.3 Tunisia Ethanol Market Opportunity Assessment, By Application, 2030F |
11. Tunisia Ethanol Market Competitive Landscape |
11.1 Tunisia Ethanol Market By Companies, 2023 |
11.2 Tunisia Ethanol Market Competitive Benchmarking, By Operating Parameters |
12. Company Profiles |
13. Key Strategic Recommendations |
14. Disclaimer |