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: ETC003159 | 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 | |
Tanzania Ethanol market currently, in 2023, has witnessed an HHI of 4709, Which has increased slightly as compared to the HHI of 3909 in 2017. The market is moving towards 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, South Africa was the largest exporter in terms of value, followed by Uganda. It has registered a growth of 27.82% over the previous year. While Uganda registered a decline of -40.45% as compare to the previous year. In the year 2017 South Africa was the largest exporter followed by Eswatini. In term of Herfindahl Index, which measures the competitiveness of countries exporting, Tanzania has the Herfindahl index of 3909 in 2017 which signifies high concentration also in 2021 it registered a Herfindahl index of 4446 which signifies high concentration in the market.
The Tanzania 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 Tanzania Ethanol Market has witnessed growth in the past years. The market is expected to continue its growth steadily in the coming years. This is due to the increasing concern about climate change, government support through investments and incentives, availability of raw materials, and urbanization.
According to 6Wresearch, the Tanzania Ethanol Market size is expected to grow at a significant CAGR of 4% during 2024-2030. One of the key drivers of the market is government support through policies and regulations. The government has implemented various initiatives and incentives to promote the production and consumption of ethanol. Another major driver is increasing environmental concerns. There has been a shift towards cleaner and sustainable energy sources including ethanol. Furthermore, the availability of raw materials is also a significant driver of the ethanol market in Tanzania. The country has an abundant supply of sugarcane, which is the primary feedstock used in ethanol production.
One of the main challenges is inadequate infrastructure for distribution and storage. Another challenge is the high initial investment required for ethanol production. Furthermore, there is a lack of awareness and education about the benefits of using ethanol as a fuel source among consumers.
Key players in the Tanzania Ethanol Market include Tanzania Distilleries Limited, Konyagi Limited, Serengeti Breweries Limited, East African Breweries Limited (EABL), TIPER - Tanzania Industrial Products, Engineering and Research Company Limited, and Manyara Sugar Company Limited. These are some of the major players in Tanzania's ethanol market, with each company having a significant presence in the production, distribution, and marketing of ethanol within the country.
One key initiative is the National Biofuels Policy, which sets out a framework for promoting biofuels, including ethanol, as a sustainable energy source. Furthermore, the government has implemented various tax incentives to encourage both producers and consumers of ethanol. Additionally, the government has also invested in infrastructure development to support the growth of the ethanol market. Moreover, the government has collaborated with private companies and international organizations to further boost the market.
The Tanzania ethanol market is expected to experience steady growth in the coming years due to various factors such as increasing demand from industries like pharmaceuticals, cosmetics, and food processing. The rising awareness about the benefits of using ethanol, such as its lower carbon footprint and potential for cost savings, is also expected to drive market growth. Furthermore, the government's initiatives towards promoting the use of ethanol as a sustainable source of energy will likely contribute to market expansion.
According to Ravi Bhandari, Research Head, 6Wresearch, the non-denatured segment is expected to grow significantly in the coming years due to the increasing demand for high-purity ethanol in various industries such as personal care, beverages, and industrial solvents.
In terms of source, sugar & molasses-based ethanol is dominating the market due to its wide availability and low cost.
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. Tanzania Ethanol Market Overview |
3.1 Tanzania Ethanol Market Revenues and Volume, 2020-2030F |
3.2 Tanzania Ethanol Market Revenue Share, By Purity, 2020 & 2030F |
3.3 Tanzania Ethanol Market Revenue Share, By Source, 2020 & 2030F |
3.4 Tanzania Ethanol Market Revenue Share, By Application, 2020 & 2030F |
3.5 Tanzania Ethanol Market - Industry Life Cycle |
3.6 Tanzania Ethanol Market - Porter’s Five Forces |
4. Tanzania Ethanol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Tanzania Ethanol Market Trends |
6. Tanzania Ethanol Market Overview, by Source |
6.1 Tanzania Sugar & Molasses Based Ethanol Market Revenues and Volume, 2020-2030F |
6.2 Tanzania Grained Based Ethanol Market Revenues and Volume, 2020-2030F |
6.3 Tanzania Second Generation Ethanol Market Revenues and Volume, 2020-2030F |
7. Tanzania Ethanol Market Overview, by Purity |
7.1 Tanzania Ethanol Market Revenue and Volumes, By Denatured, 2020-2030F |
7.2 Tanzania Ethanol Market Revenue and Volumes, By Non-Denatured, 2020-2030F |
8. Tanzania Ethanol Market Overview, by Application |
8.1 Tanzania Ethanol Market Revenue and Volumes, By Industrial Solvent, 2020-2030F |
8.2 Tanzania Ethanol Market Revenue and Volumes, By Fuel & Fuel Additives, 2020-2030F |
8.3 Tanzania Ethanol Market Revenue and Volumes, By Beverages, 2020-2030F |
8.4 Tanzania Ethanol Market Revenue and Volumes, By Disinfectant, 2020-2030F |
8.5 Tanzania Ethanol Market Revenue and Volumes, By Personal Care, 2020-2030F |
8.6 Tanzania Ethanol Market Revenue and Volumes, By Others, 2020-2030F |
9. Tanzania Ethanol Market Key Performance Indicators |
10. Tanzania Ethanol Market Opportunity Assessment |
10.1 Tanzania Ethanol Market Opportunity Assessment, By Purity, 2030F |
10.2 Tanzania Ethanol Market Opportunity Assessment, By Source, 2030F |
10.3 Tanzania Ethanol Market Opportunity Assessment, By Application, 2030F |
11. Tanzania Ethanol Market Competitive Landscape |
11.1 Tanzania Ethanol Market By Companies, 2023 |
11.2 Tanzania Ethanol Market Competitive Benchmarking, By Operating Parameters |
12. Company Profiles |
13. Key Strategic Recommendations |
14. Disclaimer |