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: ETC003151 | Publication Date: Jul 2020 | Updated Date: Feb 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
In the year 2021, Rep. of Moldova was the largest exporter in terms of value, followed by Belarus. It has registered a growth of 159.8% over the previous year. While Belarus registered a growth of 3.28% as compare to the previous year. In the year 2017 Armenia was the largest exporter followed by Russia. In term of Herfindahl Index, which measures the competitiveness of countries exporting, Georgia has the Herfindahl index of 1509 in 2017 which signifies moderately concentrated also in 2021 it registered a Herfindahl index of 2506 which signifies high concentration in the market.
Georgia Ethanol Market Synopsis
Georgia Ethanol Market is anticipated to witness growth over the forecast period on account of the growing usage of ethanol as a biofuel coupled with increasing demand for fuel additives as a gasoline blend with ethanol. The increasing production and demand for premium quality alcoholic beverages and growing environmental concerns are the factors boosting the demand for the ethanol market in Georgia. Moreover, the growing government support and interest in stimulating the ethanol plant and increasing investment would further fuel the growth of the ethanol market in Georgia.
According to 6wresearch, the Georgia Ethanol Market size is expected to grow during 2020-2026. In Georgia, the ethanol market is expected to register a decline in economic growth during-2020 due to the outbreak of the COVID-19 pandemic in the country which has created an imbalance in the demand for ethanol as a fuel and has also brought challenges for manufacturers in the country. However, ethanol has antibacterial property which is also a major ingredient in sanitizer as it kills germs and is supporting the growth of the ethanol market in Georgia.
Based on the source, the grain-based segment is holding the ethanol market revenue share over the past few years in Georgia due to the production of ethanol from corn and advanced technologies. In terms of application, the fuel & fuel additives segment is expected to lead the ethanol market revenue share in Georgia on account of the reduction of air pollution and oil dependency as well as it saves money.
The Georgia Ethanol Market report thoroughly covers the Georgia Ethanol Market by purity, source, and application. The Georgia Ethanol Market outlook report provides an unbiased and detailed analysis of the on-going Georgia Ethanol Market trends, opportunities/high growth areas, market drivers, and Georgia Ethanol Market share by companies, which would help stakeholders to device and align market strategies according to the current and future market dynamics.
Georgia ethanol market is expected to find its true potential during the forecast period 2020-26F backed by the rising impressive growth of the alcohol beverage industry. As the country registered a high manufacturing rate of alcoholic beverages with a large consumer base domestically. On the other hand, rise in the alcoholic beverages export practices, where the wine segment is estimated to increase revenue index in the market due to its widespread wine export, therefore, the growth of ethanol is estimated to propel significantly, due to its high use during alcohol preparation and is expected to shape the Georgia ethanol market in the coming timeframe.
Key Highlights
Markets Covered
The Georgia Ethanol Market 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. Georgia Ethanol Market Overview |
3.1 Georgia Ethanol Market Revenues and Volume, 2016-2026F |
3.2 Georgia Ethanol Market Revenue Share, By Purity, 2019 & 2026F |
3.3 Georgia Ethanol Market Revenue Share, By Source, 2019 & 2026F |
3.4 Georgia Ethanol Market Revenue Share, By Application, 2019 & 2026F |
3.5 Georgia Ethanol Market - Industry Life Cycle |
3.6 Georgia Ethanol Market - Porter’s Five Forces |
4. Georgia Ethanol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Georgia Ethanol Market Trends |
6. Georgia Ethanol Market Overview, by Source |
6.1 Georgia Sugar & Molasses Based Ethanol Market Revenues and Volume, 2016-2026F |
6.2 Georgia Grained Based Ethanol Market Revenues and Volume, 2016-2026F |
6.3 Georgia Second Generation Ethanol Market Revenues and Volume, 2016-2026F |
7. Georgia Ethanol Market Overview, by Purity |
7.1 Georgia Ethanol Market Revenue and Volumes, By Denatured, 2016-2026F |
7.2 Georgia Ethanol Market Revenue and Volumes, By Non-Denatured, 2016-2026F |
8. Georgia Ethanol Market Overview, by Application |
8.1 Georgia Ethanol Market Revenue and Volumes, By Industrial Solvent, 2016-2026F |
8.2 Georgia Ethanol Market Revenue and Volumes, By Fuel & Fuel Additives, 2016-2026F |
8.3 Georgia Ethanol Market Revenue and Volumes, By Beverages, 2016-2026F |
8.4 Georgia Ethanol Market Revenue and Volumes, By Disinfectant, 2016-2026F |
8.5 Georgia Ethanol Market Revenue and Volumes, By Personal Care, 2016-2026F |
8.6 Georgia Ethanol Market Revenue and Volumes, By Others, 2016-2026F |
9. Georgia Ethanol Market Key Performance Indicators |
10. Georgia Ethanol Market Opportunity Assessment |
10.1 Georgia Ethanol Market Opportunity Assessment, By Purity, 2026F |
10.2 Georgia Ethanol Market Opportunity Assessment, By Source, 2026F |
10.3 Georgia Ethanol Market Opportunity Assessment, By Application, 2026F |
11. Georgia Ethanol Market Competitive Landscape |
11.1 Georgia Ethanol Market By Companies, 2019 |
11.2 Georgia Ethanol Market Competitive Benchmarking, By Operating Parameters |
12. Company Profiles |
13. Key Strategic Recommendations |
14. Disclaimer |