Vietnam Ethanol Market, By Type (Synthetic v/s Bioethanol), By Raw Material (Sugar & Molasses, Cassava, Rice, Algal Biomass, Lignocellulosic Biomass), By Purity (Denatured v/s Undenatured), By Grade (Food, Industrial, Biofuel, Others), By Application (Fue

Vietnam Ethanol Market, By Type (Synthetic v/s Bioethanol), By Raw Material (Sugar & Molasses, Cassava, Rice, Algal Biomass, Lignocellulosic Biomass), By Purity (Denatured v/s Undenatured), By Grade (Food, Industrial, Biofuel, Others), By Application (Fuel & Fuel Additives, Industrial Solvents, Disinfectant, Personal Care, Beverages, Others), By Region, Competition Forecast & Opportunities, 2017-2027

Vietnam ethanol market is projected to grow at a formidable rate during the forecast period. The market growth can be attributed to the growing demand for ethanol across various end use industries such as pharmaceuticals, automotive, cosmetics, etc. Growing application of ethanol in the cleaning and sanitization products and their increasing use in alcoholic beverages are also boosting the growth of the Vietnam ethanol market. With increasing environmental awareness and climatic change, the demand for alternate fuels is growing at a rapid rate. Ethanol is considered as environment-friendly fuel compared to conventional fuels such as oil, gasoline, etc. Thus, government authorities are promoting the use of ethanol blend to meet the energy requirements, especially in automobiles, which is substantiating the growth of the Vietnam ethanol market in the coming years. Besides, increasing consumption of biofuels in the aviation industry is expected to propel the growth of the Vietnam ethanol market. Moreover, regulatory push towards the production of bioethanol and increasing awareness about the use of alternate fuel on the environment are expected to propel the growth of the Vietnam ethanol market. Growing adoption of eco-friendly products and strong economic growth in the country are anticipated to drive the Vietnam ethanol market. However, requirement of high-end technology for ethanol production might restrict the growth of the Vietnam ethanol market.

Vietnam ethanol market is segmented by type, raw material, purity, grade, application, competitional landscape, and regional distribution. Based on type, the market is differentiated between synthetic and bioethanol. The bioethanol segment is expected to dominate the Vietnam ethanol market due to the growing use of bioethanol in the automotive and transportation industry as a fuel and fuel additive. Based on purity, Vietnam ethanol market is divided into denatured and undenatured. The denatured ethanol segment is expected to register the fastest growth in the coming years as it can be combined with other chemicals to achieve desired characteristics so that it can be used for cleaning and sanitization.

Leading players in the Vietnam ethanol market are Tung Lam Company, Thinh Cuong Co. Ltd., Dai Viet CEP Co Ltd., Fleming International Vietnam Ltd., SI Flex Vina, PetroVietnam Oil Corp (PV Oil), Petrolimex, etc.

Years considered for this report:

Historical Years: 2017-2020

Base Year: 2021

Estimated Year: 2022E

Forecast Period: 2023F–2027F

Objective of the Study:

• To analyze the historical growth in the market size of Vietnam ethanol market from 2017 to 2021.
• To estimate and forecast the market size of Vietnam ethanol market from 2022E to 2027F and growth rate until 2027F.
• To classify and forecast Vietnam ethanol market based on type, raw material, purity, grade, application, regional distribution and competitional landscape.
• To identify dominant region or segment in the Vietnam ethanol market.
• To identify drivers and challenges for Vietnam ethanol market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Vietnam ethanol market.
• To identify and analyze the profile of leading players operating in Vietnam ethanol market.
• To identify key sustainable strategies adopted by market players in Vietnam ethanol market.

Report Scope:

In this report, Vietnam ethanol market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Vietnam Ethanol Market, By Type:
• Synthetic
• Bioethanol
• Vietnam Ethanol Market, By Raw Material:
• Sugar & Molasses
• Cassava
• Rice
• Algal Biomass
• Lignocellulosic Biomass
• Vietnam Ethanol Market, By Purity:
• Denatured
• Undenatured
• Vietnam Ethanol Market, By Grade:
• Food
• Industrial
• Biofuel
• Others
• Vietnam Ethanol Market, By Application:
• Fuel & Fuel Additives
• Industrial Solvents
• Disinfectant
• Personal Care
• Beverages
• Others
• Vietnam Ethanol Market, By Region:
• Northern Region
• Central Region
• Southern Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Vietnam ethanol market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order. Single User license will be delivered in PDF format without printing rights