South Africa Ethanol Market (2020-2026) | Size, Growth, Outlook, Value, Industry, Analysis, Share, Revenue, Trends, Forecast, Segmentation & COVID-19 IMPACT

South Africa Ethanol Market | Country-Wise Share and Competition Analysis

In the year 2021, Mauritius was the largest exporter in terms of value, followed by the USA. It has registered a growth of 350.74% over the previous year. While the USA registered a growth of 13.93% as compared to the previous year. In the year 2017, France was the largest exporter followed by Mauritius. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, South Africa has a Herfindahl index of 1746 in 2017 which signifies moderately concentrated also in 2021 it registered a Herfindahl index of  3720 which signifies high concentration in the market.

South Africa Ethanol Market - Export Market Opportunities

Topics Covered in the South Africa Ethanol Market

The South Africa Ethanol Market report thoroughly covers the market by purity, by sources, and by applications. The market outlook 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.

Latest (2023) Development of the South Africa Ethanol Market

South Africa Ethanol Market is driven by various growth factors such as the rising ethanol demand from the beverage sector with the increasing alcoholic consumers and an increase in the shift towards cleaner fuel options, like ethanol. Additionally, the rising establishment of bio-refineries in the country to surge ethanol production that uses agricultural waste products rather than crops like maize and sugarcane is one of the leading factors estimated to boost the South Africa Ethanol Market growth. Additionally, the government has implemented policies to promote the use of renewable energy like biofuels, which include ethanol coupled with the rising use of ethanol-blended fuels in transportation and energy generation sectors. These are some leading factors burgeoning the growth of the South Africa Ethanol industry in the upcoming years at a tremendous rate.

South Africa Ethanol Market Synopsis

South Africa Ethanol Market is expected to register growth during the forecast period on account of expanding ethanol production in the country from sugarcane. The increasing consumption of premium quality alcoholic beverages, changing lifestyles, surging awareness towards the environment, and increasing usage of ethanol as fuel are the factors driving the demand for the ethanol market in South Africa. Moreover, the expansion of ethanol fuel plants in the country would further propel the growth of the ethanol market in South Africa.

According to 6wresearch, the South Africa Ethanol Market size is expected to grow during 2020-2026 backed by the rising progressive growth of the automotive industry in the country. The rising domestic use and export practices are estimated to generate high sales revenue in the market owing to the rising purchasing power of middle-class families coupled with rising adoption in the number of passenger vehicles and light commercial vehicles are estimated to bring in bountiful opportunities for the potential investors and are expected to boost significant demand for ethanol chemical as biofuel and this would contribute massive growth of the South Africa ethanol market in the upcoming six years.

COVID-19 Impact on the South Africa Ethanol Market

The COVID-19 has affected the Ethanol Market in South Africa. During the pandemic time, ethanol manufacturing units were temporarily closed due to the lockdown measures coupled with restrictions on trade practices had made it difficult for businesses to access the ethanol blended products and this further led to a decline the market growth, with the low gasoline consumption due to the fewer vehicles movement in the country only emergency visits were allowed, this led to decline ethanol demand and further, drop the market shares.

Key Players in the South Africa Ethanol Market

Some are the top key players listed below in the given list:

• Sasol
• GreenFuel
• BioTherm Energy
• Ethanol Africa
• United Ethanol
• Ethco
• African Clean Energy Developments 

These are the notable companies in the country that have been thriving at a tremendous rate.

Market Analysis by Application

According to Ravi Bhandari, Research Head, 6Wresearch, it is difficult to say the dominating application segment, as all applications including Industrial Solvent, Fuel & Fuel Additives, Beverages, Disinfectant, and Personal Care secure a high demand for ethanol.

Market Analysis by Sources

Based on source, the sugar & molasses-based segment is leading the ethanol market in South Africa due to the rising production of ethanol from sugar and molasses in the country along with the increasing adoption of low-carbon fuel standards. However, the second generation segment is expected to hold the ethanol market revenue share over the upcoming in South Africa. In terms of application, the beverages segment is dominating the ethanol market revenue share in South Africa due to the increasing production of alcoholic beverages in the country.

Key Highlights of the Reports

• South Africa Ethanol Market Overview
• South Africa Ethanol Market Outlook
• South Africa Ethanol Market Forecast
• Historical Data of South Africa Ethanol Market Revenues and Volumes, for the Period 2016-2026.
• Market Size & Forecast of South Africa Ethanol Market Revenues and Volumes, until 2026.
• Historical Data of South Africa Ethanol Market Revenues and Volumes, by purity, for the Period 2016-2026.
• Market Size & Forecast of South Africa Ethanol Market Revenues and Volumes, by purity, until 2026.
• Historical Data of South Africa Ethanol Market Revenues and Volumes, by Source, for the Period 2016-2026.
• Market Size & Forecast of South Africa Ethanol Market Revenues and Volumes, by source, until 2026.
• Historical Data of South Africa Ethanol Market Revenues and Volumes, by application, for the Period 2016-2026.
• Market Size & Forecast of South Africa Ethanol Market Revenues and Volumes, by application, until 2026.
• Market Drivers and Restraints
• South Africa Ethanol Market Price Trends
• South Africa Ethanol Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• South Africa Ethanol Market Share, By Players
• South Africa Ethanol Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The South Africa Ethanol Market report provides a detailed analysis of the following market segments:

By Purity

• Denatured
• Non-Denatured

By Source

• Sugar & molasses Based
• Second Generation
• Grain Based

By Application

• Fuel & Fuel Additives
• Disinfectant
• Industrial Solvents
• Personal Care
• Beverages
• Others

South Africa Ethanol Market: FAQs