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: ETC003141 | Publication Date: Jul 2020 | Updated Date: Aug 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Oman Ethanol Market registered a decline of -30.13% in value shipments in 2021 as compared to 2020 and a decrease of -16.61% CAGR in 2021 over a period of 2017. In Ethanol Market Oman is becoming less competitive as HHI index in 2021 was 6154 while in 2017 it was 4987. 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.
Oman has reportedly relied more on imports to meet its growing demand in Ethanol Market. India is shifting towards local production to meet its demand as we see the trend is shifting towards reducing imports. The import factor of Ethanol Market in 2021 was 4.4 while in 2017 it was 15.89. United Arab Emirates (UAE), India, South Africa, United Kingdom (UK) and Italy were among the top players of the market in 2021, where United Arab Emirates (UAE) acquired the largest market share of 75.73% with a shipment value of 0.69 million USD in 2022 United Arab Emirates (UAE) also offered the product above the average market price, but remained at the leadership position indicating the trust it holds in the Ethanol Market. In 2017 United Arab Emirates (UAE) had the largest market share of 67.13% with the shipment value of 2.18 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 United Arab Emirates (UAE) price is lower than the average price, it provided a significant edge among other competitor in 2017.
In the year 2021, UAE was the largest exporter in terms of value, followed by India. It has registered a decline of -7.29% over the previous year. While India registered a decline of -13.48% as compare to the previous year. In the year 2017 UAE was the largest exporter followed by France. In term of Herfindahl Index, which measures the competitiveness of countries exporting, Oman has the Herfindahl index of 4987 in 2017 which signifies high concentration also in 2021 it registered a Herfindahl index of 6154 which signifies high concentration in the market.
Oman Ethanol Market Synopsis
Oman Ethanol Market is expected to register growth over the forecast period due to the growing usage of the ethanol as a biofuel coupled with increasing demand in the automotive industry. The rising popularity and demand for premium quality alcoholic beverages, changes in taste and preferences of consumers, increasing population, surging bio-refineries and changing lifestyle are the major aspects driving the demand for the ethanol market in Oman.
According to 6wresearch, Oman Ethanol Market size is expected to grow during 2020-2026. The increasing biofuel projects are expected to spur the job opportunities for Omanis which would further boost the growth of the ethanol market in Oman. Furthermore, the ethanol market in Oman is anticipated to go through a decline in the economic growth during-2020 on account of the coronavirus pandemic outbreak in the country which has a worse impact on various industries and worldwide business. However, the ethanol market in Oman is expected to recover with healthy growth in the economy post-2020.
Based on application, the fuel & fuel additive segment is holding the ethanol market revenue share in Oman on account of affordability, provides better fuel efficiency, runs more cleanly in the engine and helps to improve the performance of the vehicle. In terms of purity, the denatured segment is expected to lead the ethanol market revenue share in Oman as it is a great solvent, is mixable with water coupled with increasing demand in several industries and rising usage in the household such as window cleaning, removal of stains and others.
The Oman Ethanol Market report thoroughly covers the Oman Ethanol Market by purity, source and application. The Oman Ethanol Market outlook report provides an unbiased and detailed analysis of the on-going Oman Ethanol Market trends, opportunities/high growth areas, market drivers, and Oman 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 Oman 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. Oman Ethanol Market Overview |
3.1 Oman Ethanol Market Revenues and Volume, 2016-2026F |
3.2 Oman Ethanol Market Revenue Share, By Purity, 2019 & 2026F |
3.3 Oman Ethanol Market Revenue Share, By Source, 2019 & 2026F |
3.4 Oman Ethanol Market Revenue Share, By Application, 2019 & 2026F |
3.5 Oman Ethanol Market - Industry Life Cycle |
3.6 Oman Ethanol Market - Porter’s Five Forces |
4. Oman Ethanol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Oman Ethanol Market Trends |
6. Oman Ethanol Market Overview, by Source |
6.1 Oman Sugar & Molasses Based Ethanol Market Revenues and Volume, 2016-2026F |
6.2 Oman Grained Based Ethanol Market Revenues and Volume, 2016-2026F |
6.3 Oman Second Generation Ethanol Market Revenues and Volume, 2016-2026F |
7. Oman Ethanol Market Overview, by Purity |
7.1 Oman Ethanol Market Revenue and Volumes, By Denatured, 2016-2026F |
7.2 Oman Ethanol Market Revenue and Volumes, By Non-Denatured, 2016-2026F |
8. Oman Ethanol Market Overview, by Application |
8.1 Oman Ethanol Market Revenue and Volumes, By Industrial Solvent, 2016-2026F |
8.2 Oman Ethanol Market Revenue and Volumes, By Fuel & Fuel Additives, 2016-2026F |
8.3 Oman Ethanol Market Revenue and Volumes, By Beverages, 2016-2026F |
8.4 Oman Ethanol Market Revenue and Volumes, By Disinfectant, 2016-2026F |
8.5 Oman Ethanol Market Revenue and Volumes, By Personal Care, 2016-2026F |
8.6 Oman Ethanol Market Revenue and Volumes, By Others, 2016-2026F |
9. Oman Ethanol Market Key Performance Indicators |
10. Oman Ethanol Market Opportunity Assessment |
10.1 Oman Ethanol Market Opportunity Assessment, By Purity, 2026F |
10.2 Oman Ethanol Market Opportunity Assessment, By Source, 2026F |
10.3 Oman Ethanol Market Opportunity Assessment, By Application, 2026F |
11. Oman Ethanol Market Competitive Landscape |
11.1 Oman Ethanol Market By Companies, 2019 |
11.2 Oman Ethanol Market Competitive Benchmarking, By Operating Parameters |
12. Company Profiles |
13. Key Strategic Recommendations |
14. Disclaimer |