Cambodia Ethanol Market report thoroughly covers the market by product offerings, by source, by applications and by purity. The report provides an unbiased and detailed analysis of the on-going 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.
Cambodia Ethanol Market Synopsis
Cambodia Ethanol Market growth is anticipated to witness its significance during the forecast period, since the manufacturing sector of the nation is growing and in 2022. As industrial output rises, ethanol sales for use in industrial solvents in the plastics, rubber, and textile industries will rise. Additionally, due to the rising urbanisation and an increase in the GDP per capita of the country the nation's rapidly growing food and beverage sector is generating investments in the alcoholic beverage sector. In 2020, the outburst of coronavirus increased the growth of the Cambodia Ethanol and the demand for ethanol spiked as it is an essential raw material in the production of sanitizers and disinfectant. However, the pandemic caused demand and price hike went back to the normal rate in following year.
According to the publisher, Cambodia Ethanol Market size is projected to grow at CAGR of 4.5% during 2023-2029. Attributed to Government programmes like the Roadmap for Clean Energy Transition towards Carbon Neutrality would ensure steady growth of renewable energy; as a result, ethanol would be used more frequently as a cooking fuel and a source of electricity in the coming years, supporting the growth of ethanol in Cambodia.
Market by Source
Since the Ministry of Agriculture, Forestry and Fisheries and the United Nations Development Programme (UNDP) launched a new national cassava policy (2021-2025), which is expected to increase the production and export of Cambodian cassava, cassava is predicted to experience the highest growth in the coming years.
Market by Purity
Owing to the edible nature and the country's booming food and beverage industry, undenatured ethanol holds much of the market share. Additionally, the country's rising income which is reflected in its per capita GDP has been a major factor in the demand for the undenatured variety as there is a positive correlation between per capita GDP and alcohol use in the nation.
Key Attractiveness of the Report
- COVID-19 Impact on the Market.
- 10 Years Market Numbers.
- Historical Data Starting from 2019 to 2029.
- Base Year: 2023
- Forecast Data until 2029.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report
- Cambodia Ethanol Market Overview
- Cambodia Ethanol Market Outlook
- Cambodia Ethanol Market Forecast
- Cambodia Ethanol Market Dynamics
- Cambodia Ethanol Market Revenue for the Period 2023-2029F
- Cambodia Ethanol Market Industry Life Cycle
- Porter’s Five Force Analysis
- Cambodia Ethanol Market - Impact Analysis of COVID-19
- Market Drivers and Restraints
- Cambodia Ethanol Market Trends and Evolution
- Historical Data and Forecast of Revenues, by Purity, by source, by application, for the Period 2019-2029F.
- Cambodia Ethanol Market Share, By Purity
- Cambodia Ethanol Market Share, By source
- Cambodia Ethanol Market Share, By application
- Market Opportunity Assessment
- Competitive Landscape
- Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
By Source
- Cassava
- Others
By Purity
- Undenatured
- Natured
By Application
- Food & Beverages
- Fuel & Fuel Additives
- Industrial Solvents
- Disinfectant
- Personal Care
- Others
Table of Contents
1. Executive Summary
Companies Mentioned
- MH Ethanol Co., Ltd.
- Phnom Penh Sugar Co., Ltd
- Seng Kea
- Synag Development International Group
- Sun Wespa Co., Ltd.
