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: ETC003139 | Publication Date: Jul 2020 | Updated Date: Sep 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Lebanon Ethanol Market registered a decline of -35.87% in value shipments in 2021 as compared to 2020 and an increase of 22.89% CAGR in 2021 over a period of 2017. In Ethanol Market Lebanon is becoming less competitive as HHI index in 2021 was 3864 while in 2017 it was 1641. 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 less numbers of players or countries exporting in the market.
Lebanon has reportedly relied more on imports to meet its growing demand in Ethanol Market. India is unable to meet its increasing needs of this product with domestic production hence we see the trend is shifting towards import shipment to meet its demand The import factor of Ethanol Market in 2021 was 89.37 while in 2017 it was 16.91. India, Pakistan, France, Brazil and Moldova were among the top players of the market in 2021, where India acquired the largest market share of 54.52% with a shipment value of 2.93 million USD in 2022 India also offered the product below the average market price thus having a competitive advantage over others In 2017 Free Zones had the largest market share of 29.81% with the shipment value of 0.89 million USD. The country was offering its product with an average price which is lower than the average market price offered in the country. As Free Zones price is lower than the average price, it provided a significant edge among other competitor in 2017.
In the year 2021, India was the largest exporter in terms of value, followed by Pakistan. It has registered a decline of -11.86% over the previous year. While Pakistan registered a growth of 185.56% as compare to the previous year. In the year 2017 Free Zones was the largest exporter followed by India. In term of Herfindahl Index, which measures the competitiveness of countries exporting, Lebanon has the Herfindahl index of 1641 in 2017 which signifies moderately concentrated also in 2021 it registered a Herfindahl index of 3864 which signifies high concentration in the market.
Lebanon Ethanol Market Synopsis
Lebanon Ethanol Market is anticipated to register growth in the upcoming years on account of the growing demand for premium quality alcoholic beverages especially among young adults coupled with increasing urbanization in the country. The other key aspects boosting the demand for the ethanol market in Lebanon are the increasing usage of ethanol as a fuel along with rising awareness regarding reducing air pollution, increasing disposable income, changing lifestyle and changes in taste and preferences of the people. Moreover, the surging number of gasoline stations providing blended gasoline with E10 and E15 would further propel the demand for the ethanol market in Lebanon.
According to 6wresearch, Lebanon Ethanol Market size is expected to grow during 2020-2026. The ethanol market in Lebanon is projected to go through a decline in the economic growth during-2020 on account of the coronavirus pandemic outbreak which has impacted several industries and has lowered the demand for the ethanol as fuel. However, the ethanol market in Lebanon is expected to regain in the near future with healthy growth in the economy.
Based on the purity, the denatured segment is expected to grow a major share in the ethanol market revenue over the forecast period in Lebanon on account of the surging demand for denatured alcohol in industries as well as households like paint removal, woodworking, removal of ink stains, pharmaceutical uses and others. In application, the fuel & fuel additives segment is anticipated to lead the ethanol market revenue share in Lebanon.
The Lebanon Ethanol Market report thoroughly covers the Lebanon Ethanol Market by purity, source and application. The Lebanon Ethanol Market outlook report provides an unbiased and detailed analysis of the on-going Lebanon Ethanol Market trends, opportunities/high growth areas, market drivers, and Lebanon Ethanol Market share by companies, which would help stakeholders to device and align market strategies according to the current and future market dynamics.
Key Highlights
Markets Covered
The Lebanon 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. Lebanon Ethanol Market Overview |
3.1 Lebanon Ethanol Market Revenues and Volume, 2016-2026F |
3.2 Lebanon Ethanol Market Revenue Share, By Purity, 2019 & 2026F |
3.3 Lebanon Ethanol Market Revenue Share, By Source, 2019 & 2026F |
3.4 Lebanon Ethanol Market Revenue Share, By Application, 2019 & 2026F |
3.5 Lebanon Ethanol Market - Industry Life Cycle |
3.6 Lebanon Ethanol Market - Porter’s Five Forces |
4. Lebanon Ethanol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Lebanon Ethanol Market Trends |
6. Lebanon Ethanol Market Overview, by Source |
6.1 Lebanon Sugar & Molasses Based Ethanol Market Revenues and Volume, 2016-2026F |
6.2 Lebanon Grained Based Ethanol Market Revenues and Volume, 2016-2026F |
6.3 Lebanon Second Generation Ethanol Market Revenues and Volume, 2016-2026F |
7. Lebanon Ethanol Market Overview, by Purity |
7.1 Lebanon Ethanol Market Revenue and Volumes, By Denatured, 2016-2026F |
7.2 Lebanon Ethanol Market Revenue and Volumes, By Non-Denatured, 2016-2026F |
8. Lebanon Ethanol Market Overview, by Application |
8.1 Lebanon Ethanol Market Revenue and Volumes, By Industrial Solvent, 2016-2026F |
8.2 Lebanon Ethanol Market Revenue and Volumes, By Fuel & Fuel Additives, 2016-2026F |
8.3 Lebanon Ethanol Market Revenue and Volumes, By Beverages, 2016-2026F |
8.4 Lebanon Ethanol Market Revenue and Volumes, By Disinfectant, 2016-2026F |
8.5 Lebanon Ethanol Market Revenue and Volumes, By Personal Care, 2016-2026F |
8.6 Lebanon Ethanol Market Revenue and Volumes, By Others, 2016-2026F |
9. Lebanon Ethanol Market Key Performance Indicators |
10. Lebanon Ethanol Market Opportunity Assessment |
10.1 Lebanon Ethanol Market Opportunity Assessment, By Purity, 2026F |
10.2 Lebanon Ethanol Market Opportunity Assessment, By Source, 2026F |
10.3 Lebanon Ethanol Market Opportunity Assessment, By Application, 2026F |
11. Lebanon Ethanol Market Competitive Landscape |
11.1 Lebanon Ethanol Market By Companies, 2019 |
11.2 Lebanon Ethanol Market Competitive Benchmarking, By Operating Parameters |
12. Company Profiles |
13. Key Strategic Recommendations |
14. Disclaimer |