H1 2023: In the German market, the major two products in the ethanol derivatives market were ethyl acetate and acetaldehyde. As inventories decreased and purchases surged after the New Year's celebrations and ethyl acetate prices rose in the German market in January 2023. Supply chains were smooth and consistent. However, the market displayed a bearish trend in mid-February 2023. The prices dropped as a result of a decline in downstream market inquiries and an excess of material as a result of constant imports in the German market. The prices continuously declined in the German market till June 2023. This can be attributed to a drop in demand of ethyl acetate from the end-user industries. Additionally, the cost of the upstream feedstock acetic acid and natural gas also fell, which decreased the cost of production of ethyl acetate. Due to the free flow of inexpensive imports from the Asian market and excess inventory level in the German market directly impacted the prices. In H1 2023, acetaldehyde prices in the German market saw conflicting emotions. Acetaldehyde prices rose in the first two months of 2023 as market participants refilled their inventories. There was healthy demand for acetaldehyde by the food preservatives industry and sluggish demand by the perfume industry. Additionally, the price of acetaldehyde hiked due to the volatility in crude oil prices and inflationary pressure in Germany.
The Germany Ethanol Derivatives market has projected an expansion to reach approximately 20 thousand tonnes in 2022 and is expected to grow at an impressive CAGR of 3.96% during the forecast period until 2030. In December 2022, CropEnergies AG announced the construction of a greenfield expansion for the synthesis of renewable ethyl acetate at Zeitz Chemical and Industrial Park, Elsteraue, Germany. The plant lies in the range of EUR 120 and EUR 130 million. The plant is anticipated to be commissioned by the summer of 2025 with an annual production capacity of 50 thousand tonnes of renewable ethyl acetate per annum using sustainable ethanol.
The consumption of Ethanol derivatives in Germany has high potential in the forecasted period backed by the rising number of investments in its downstream industries such as Cosmetics, Paint & Coating, Pharmaceuticals, etc. The two main compounds that fall into the category of ethanol derivatives are ethyl acetate and acetaldehyde. It is released during the production of synthetic leather and silk, as well as during the making of photographic plates and films. Ethyl acetate serves as a solvent in base coats, nail polish remover, nail polish, nitrocellulose, dry cleaning, stains, lacquers, varnishes, and other materials. Ethyl acetate is also used in the decaffeination of coffee and tea and also as a flavoring agent. Acetaldehyde acts as an intermediate in the manufacture of insecticides, fragrances, drugs, and dyes. Furthermore, owing to its eco-friendly attributes and ideal properties, it is expected to raise its preference significantly over other available alternatives in the forecasted period. The market is estimated to reach 26 thousand tonnes by 2030.
Based on region, the Germany Ethanol Derivatives market is divided into Southwest, Southeast, Northeast, and Northwest. Among these, Southwest is the leading consumer of Ethanol Derivatives and held a market share of approximately 50% which includes cities like Mannheim, Karlsruhe, Stuttgart, Freiburg, and Heidelberg. Furthermore, Southeast Germany is also a prominent consumer of Ethanol Derivatives.
Based on the end-user industry, the Germany Ethanol Derivatives market is segregated into Paints, Coating & Adhesives, Personal Care and Cosmetics, Pharmaceutical, and Others. Although, the Paints, Coating & Adhesive industry is dominating the Ethanol Derivatives market in Europe and accounted for consumption of nearly 61% in 2022. Paints, Coating & Adhesive are expected to remain the major application of Ethanol Derivatives even in the forecasted period.
Currently, there is only one domestic producer of Ethanol Derivatives in Germany which is CropEnergies AG. Other major players in the Europe Ethanol Derivatives market are Taco Chemical Company, Adokim Chemical Company, Sekab BioFuels and Chemicals AB, and Others.
Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2024-2030
This report will be delivered on an online digital platform with one-year subscription and quarterly update.
Objective of the Study:
• To assess the demand-supply scenario of Ethanol Derivatives which covers production, demand and supply of Ethanol Derivatives market in the Germany.
• To analyse and forecast the market size of Ethanol Derivatives
• To classify and forecast Germany Ethanol Derivatives market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Ethanol Derivatives market in the Germany.
To extract data for Germany Ethanol Derivatives market, primary research surveys were conducted with Ethanol Derivatives manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Germany Ethanol Derivatives market over the coming years.
ChemAnalyst calculated Ethanol Derivatives demand in Germany by analyzing the historical data and demand forecast which was carried out considering the historical extraction and supply and demand of Ethanol Derivatives across the Germany. ChemAnalyst sourced these values from industry experts, and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Ethanol Derivatives manufacturers and other stakeholders
• Organizations, forums and alliances related to Ethanol Derivatives distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Ethanol Derivatives manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Germany Ethanol Derivatives market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2022
20 thousand tonnes
Market size Volume by 2030
26 thousand tonnes
Growth Rate
CAGR of 3.96% from 2023 to 2030
Base year for estimation
2023
Historic Data
2015 – 2022
Forecast period
2024 – 2030
Quantitative units
Demand in thousand tonnes and CAGR from 2023 to 2030
Report coverage
Industry Market Size, Capacity By Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Manufacturing Process, Policy and Regulatory Landscape.
Segments covered
By End-Use: (Paints, Coating & Adhesives, Personal Care and Cosmetics, Pharmaceutical, and Others)
With the given market data, ChemAnalyst offers customizations according to a company’s specific needs.
In case you do not find what, you are looking for, please get in touch with our custom research team at sales@chemanalyst.com
Market Data & Insights
Table of Content
1. Industry Market Size
It is an essential metric for market analysis, as it provides insights into the overall size and growth potential of Ethanol Derivatives market in terms of value and volume.
2. Capacity By Company
On our online platform, you can stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for Ethanol Derivatives.
3. Capacity By Location
To better understand the regional supply of Ethanol Derivatives by analyzing its manufacturers' location-based capacity.
4. Plant Operating Efficiency
To determine what percentage manufacturers are operating their plants or how much capacity is being currently used.
5. Production By Company [Quarterly Update]
Study the historical annual production of Ethanol Derivatives by the leading players and forecast how it will grow in the coming years.
6. Demand by End- Use [Quarterly Update]
Discover which end-user industry (Paints, Coating & Adhesives, Personal Care and Cosmetics, Pharmaceutical, and Others) are creating a market and the forecast for the growth of the Ethanol Derivatives market.
7. Demand by Region
Analyzing the change in demand of Ethanol Derivatives in different regions, i.e., Southwest, Southeast, Northeast, and Northwest, that can direct you in mapping the regional demand.
8. Demand by Sales Channel (Direct and Indirect)
Multiple channels are used to sell Ethanol Derivatives. Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
9. Demand-Supply Gap
Determine the supply-demand gap to gain information about the trade surplus or deficiency of Ethanol Derivatives.
10. Manufacturing Process
Discover insights into the intricate manufacturing process of Ethanol Derivatives.
11. Policy and Regulatory Landscape
Gain a comprehensive understanding of the policy and regulatory landscape within the Ethanol Derivatives market.
I am satisfied with overall performance of ChemAnalyst. Weekly updates before the final report were especially helpful and reassuring. Additional requests on the interim and/or final reports were handled in a swift and professional manner
Mr.Shin Dosho
Member - Board of Directors
Osaka Gas Co. Ltd
Disruption Tracker
Disruption Tracker reflect the major shutdown on monthly basis which will help you in
tracking the inventory management and smooth functioning of business. Unforeseen shutdowns and disruptions
resulting in a loss of production capacity to impact the bottom line. The capacity tracker provides industries
with a global view of production and consumption capacity loss that reflects the corresponding conversion factors.
It also highlights the immediate impact on supply due to planned and unplanned outages as well as upcoming start-up
of new capacities. Additionally, it emphasizes how each shutdown—whether due to a maintenance turnaround or a case
of force majeure, affects the plant's operating rate for the given duration. Disruption tracker gives a clear insight
into the worldwide outages affecting the commodity of interest. With every shutdown, it also reflects the impact on
supply of the product in the market at a Global level.
What is the expected Germany market size of Ethanol Derivatives in terms of volume for 2030?
Ans:
The Germany market size of Ethanol Derivatives is anticipated to expand and reach approximately 26 thousand tonnes by 2030.
Q2.
Which end-use industry is dominating the Germany Ethanol Derivatives market?
Ans:
The Paints, Coating & Adhesives industry is dominating the Ethanol Derivatives market and held a market share of roughly 61% in 2022.
Q3.
Do you offer single or multiuser license?
Ans:
Online Access 12 Months – Single User License (Up to 3 users can access the database) Online Access 12 Months – Enterprise License (Up to 10 Users can access the database)
Q4.
Will I get access to the analyst who authored this report?
Ans:
You will have 24/7 access to the analyst during the subscription period.
Our Solutions
Custom Research
We at ChemAnalyst provide tailor-made solutions to our clients based on their requirements which help them in building and expanding their business by developing customized strategy such as sales strategy, GTM Strategy, product portfolio and new product development. Our dedicated team helps clients in getting the best solution for their requirements. We at ChemAnalyst look forward to serving our clients for long term association.
Techno Economic Feasibility Report (TEFR)
ChemAnalyst provide TEFR reports which include market sizing, plant cost (ISBL and OSBL units), financial modelling, covering all the major financial calculations and ratios including production cost, IRR, major technology, licensing fee (if required), and others fixed and variable costs. TEFR reports will help the client to build greenfield project as well as brownfield expansion for a specific geography. Our Team of experts have delivered multiple TEFR reports which help clients in moving ahead of their business competition by grabbing the opportunity and expanding their business portfolio.
Price Benchmarking
Pricing benchmark report provides real-time data perpetuating current market scenarios, in a world that is changing at a rapid pace, having real-time prices is an imperative to make impactful insights and thereby informed decisions. The Price Benchmarking report provides pricing data for an individual market, or group of markets, which can be converted into localized insights and comparable listings. Benchmarking Reports help clients to make informed decisions by construing the data on several filters: region, country, category, grade and subsequently increasing their brand presence. Clients majorly require pricing benchmarks when they opt for a competitive pricing strategy.