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

Qatar Ethanol Market | Country-Wise Share and Competition Analysis

In the year 2021, India was the largest exporter in terms of value, followed by the USA. It has registered a decline of -36.59% over the previous year. While the USA registered a decline of -6.55% as compared to the previous year. In the year 2017, the USA was the largest exporter followed by India. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Qatar has a Herfindahl index of 2805 in 2017 which signifies high concentration also in 2021 it registered a Herfindahl index of  2913 which signifies high concentration in the market.

Qatar Ethanol Market - Export Market Opportunities

Topics Covered in the Qatar Ethanol Market

The Qatar 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 Qatar Ethanol Market

Qatar Ethanol Market is driven by some ongoing developments like rising technology advancements in ethanol production to achieve high productivity at a reasonable cost and the rising government initiatives promoting the use of biofuels to maintain a sustainable environment in the country. Furthermore, with the growing environmental concerns led to a shift in consumers towards using cleaner fuel, which has surged the ethanol demand. Moreover, the government is making efforts to reduce ethanol import dependency by investing to increase biofuel production is one of the great opportunities estimated to surge the Qatar Ethanol Market growth. Also, investment in research practices has been performed to improve the efficiency of ethanol production is another prominent factor generating new growth avenues for the market growth. 

Qatar Ethanol Market Synopsis

Qatar Ethanol Market is anticipated to witness growth in the upcoming years due to the increasing popularity of premium quality alcoholic beverages. The major aspects driving the demand for the ethanol market in Qatar are growing environmental concerns, changing lifestyles, and reduction of oil dependency. Moreover, ethanol is a compound that is manufactured naturally as well as a petrochemical feedstock approach. It is a solvent that can be mixed easily with water and other organic chemicals.

According to 6Wresearch, the Qatar Ethanol Market size is projected to witness tremendous growth during 2020-2026. The market is driven by the rising government initiatives of using biofuels to reduce the carbon footprint rate, this has bolstered the ethanol demand. Additionally, the rising ethanol use across various sectors to produce products such as pharmaceutical, personal care, and home care products. Furthermore, a rise in crude oil prices results in an increased demand for ethanol, which is a great substitute for gasoline, and recovering volatility in crude oil price fluctuations is estimated to be one of the factors that can leave a favorable impact on the product demand and further widen the market landscape. Moreover, rising technology advancements in the ethanol production process will result in increased productivity while reducing production costs. This factor is estimated to be one of the great opportunities for the Qatar Ethanol industry to grow exponentially. 

COVID-19 Impact on the Qatar Ethanol Market

COVID-19 had a significant influence on the Qatar Ethanol Market which is a part of the Middle East ethanol market. With the pandemic lockdown, many industrial operations had slowed down due to the unavailability of ethanol in the country, underpinned by the interruption in the ethanol raw materials supply. These several factors affected the ethanol demand and declined the market shares at a massive rate.

Key Players in the Qatar Ethanol Market

Some of the notable companies are mentioned below in the list:

• Qatar Fuel Additives Company Limited has been dealing in the country for a long time and has been increasingly supplying a range of chemicals like methanol and ethanol.
• Qatar Petroleum is the leading company in the country, which has invested in renewable energy sources such as biofuels.
• Qatar include ExxonMobil Chemical Arabia Inc. another leading company, that produces petrochemicals and other chemical including ethanol
• Shell Qatar Ltd. is a prominent player, offering a wide range of chemicals which include, ethanol.

Market Analysis by Sources

According to Dhaval, Research Manager, 6Wresearch, it is difficult to specify which segment is dominating, as all sources segments, Sugar & Molasses Based, Grained Based, and Second Generation are being used to manufacture ethanol and all are specifically driving the market growth in the country.

Market Analysis by Purity

Based on purity, the denatured segment is expected to hold the ethanol market revenue share in Qatar on account of the increasing demand for fuel and household chemical industries such as the fuelling of small camping stoves, window cleaning, paint removal, and pharmaceutical uses. In terms of application, the fuel & fuel additives segment is expected to lead the ethanol market in Qatar as it provides better efficiency and saves money.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2016 to 2019.
• Base Year: 2019.
• Forecast Data until 2026.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Reports:

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

Markets Covered

The Qatar 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

Qatar Ethanol Market: FAQs