Product Code: ETC018601 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Qatar Adhesives And Sealants market currently, in 2023, has witnessed an HHI of 1432, Which has decreased slightly as compared to the HHI of 1565 in 2017. The market is moving towards highly competitive. 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 fewer numbers of players or countries exporting in the market.
The Qatar adhesives and sealants market is projected to grow at a CAGR of around 5.6 % during the forecast period 2020-2026. Adhesives are used in many industries due to its properties such as excellent bonding strength, abrasion resistance, flexibility, low cost and quick curing time which gained it popularity among various end user industry. Qatar construction activities being on a high growth trajectory attributed to FIFA 2022 world cup has resulted into increasing demand for adhesives and sealants from the construction sector which would be further driving the growth of the market in the country. The growing automotive production with increased use of lightweight materials is also expected to boost demand for adhesive products over forecast period.
The major factors that drive Qatar adhesives & sealant market include rising infrastructure investment along with huge investments by government in order to build stadiums and other infrastructure sites related to FIFA 2022 World Cup tournament which will fuel demand for these products throughout 2020-2026 period. In addition, industrial expansion along with increasing packaging industry across region will also create opportunities for manufacturers operating in this space leading towards healthy long term prospects for this business segment. Further growing consumer awareness regarding benefits associated with use of these product coupled with easy availability through retail outlets shall propel overall usage rate resulting into stable revenues generation from sales within this sector.
High costs associated with raw material procurement can act as restraining factor hindering overall progress of this business vertical within regional marketscape thus hampering ROI generated by players engaged in manufacturing operation related to adhesives & sealant arena worldwide including Qatar domain. Furthermore, presence of substitutes available at significantly lower prices could prove disruptive leading towards price wars between existing suppliers having adverse effect on profit margins achieved by them ultimately limiting their scope within respective marketplace.
Some key players operating within global adhesive & sealants industry comprises Akzo Nobel N V; H B Fuller Company; 3M Company; Arkema Group ; Sika AG ; Henkel AG & Co KGaA ; DowDuPont Inc.; Illinois Tool Works Inc.; Avery Dennison Corporation etc., while some local vendors such as Al Masri Paints Trading established itself firmly over years.
The adhesives and sealants market in Qatar has been negatively impacted by the COVID-19 pandemic. The pandemic caused an abrupt halt to many economic activities due to the lockdown measures implemented, resulting in a reduction in demand for these products from end-use industries such as construction, automotive, aerospace and electronics. Additionally, disruption of supply chains has also hampered the market growth over 2020.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Qatar Adhesives and sealants Market Overview |
3.1 Qatar Country Macro Economic Indicators |
3.2 Qatar Adhesives and sealants Market Revenues & Volume, 2020 & 2030F |
3.3 Qatar Adhesives and sealants Market - Industry Life Cycle |
3.4 Qatar Adhesives and sealants Market - Porter's Five Forces |
3.5 Qatar Adhesives and sealants Market Revenues & Volume Share, By Formulation Technology, 2020 & 2030F |
3.6 Qatar Adhesives and sealants Market Revenues & Volume Share, By Application, 2020 & 2030F |
3.7 Qatar Adhesives and sealants Market Revenues & Volume Share, By Resin Type, 2020 & 2030F |
4 Qatar Adhesives and sealants Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Qatar Adhesives and sealants Market Trends |
6 Qatar Adhesives and sealants Market, By Types |
6.1 Qatar Adhesives and sealants Market, By Formulation Technology |
6.1.1 Overview and Analysis |
6.1.2 Qatar Adhesives and sealants Market Revenues & Volume, By Formulation Technology, 2020-2030F |
6.1.3 Qatar Adhesives and sealants Market Revenues & Volume, By Water-based, 2020-2030F |
6.1.4 Qatar Adhesives and sealants Market Revenues & Volume, By Solvent-based, 2020-2030F |
6.1.5 Qatar Adhesives and sealants Market Revenues & Volume, By Hot melt, 2020-2030F |
6.1.6 Qatar Adhesives and sealants Market Revenues & Volume, By Reactive & Others, 2020-2030F |
6.2 Qatar Adhesives and sealants Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Qatar Adhesives and sealants Market Revenues & Volume, By Paper & Packaging, 2020-2030F |
6.2.3 Qatar Adhesives and sealants Market Revenues & Volume, By Building & Construction, 2020-2030F |
6.2.4 Qatar Adhesives and sealants Market Revenues & Volume, By Woodworking, 2020-2030F |
6.2.5 Qatar Adhesives and sealants Market Revenues & Volume, By Consumer/DIY, 2020-2030F |
6.2.6 Qatar Adhesives and sealants Market Revenues & Volume, By Automotive & Transportation, 2020-2030F |
6.2.7 Qatar Adhesives and sealants Market Revenues & Volume, By Leather & Footwear, 2020-2030F |
6.2.8 Qatar Adhesives and sealants Market Revenues & Volume, By Others, 2020-2030F |
6.2.9 Qatar Adhesives and sealants Market Revenues & Volume, By Others, 2020-2030F |
6.3 Qatar Adhesives and sealants Market, By Resin Type |
6.3.1 Overview and Analysis |
6.3.2 Qatar Adhesives and sealants Market Revenues & Volume, By Silicone, 2020-2030F |
6.3.3 Qatar Adhesives and sealants Market Revenues & Volume, By Polyurethane, 2020-2030F |
6.3.4 Qatar Adhesives and sealants Market Revenues & Volume, By Plastisol, 2020-2030F |
6.3.5 Qatar Adhesives and sealants Market Revenues & Volume, By Emulsion, 2020-2030F |
6.3.6 Qatar Adhesives and sealants Market Revenues & Volume, By Polysulfide, 2020-2030F |
6.3.7 Qatar Adhesives and sealants Market Revenues & Volume, By Butyl, 2020-2030F |
7 Qatar Adhesives and sealants Market Import-Export Trade Statistics |
7.1 Qatar Adhesives and sealants Market Export to Major Countries |
7.2 Qatar Adhesives and sealants Market Imports from Major Countries |
8 Qatar Adhesives and sealants Market Key Performance Indicators |
9 Qatar Adhesives and sealants Market - Opportunity Assessment |
9.1 Qatar Adhesives and sealants Market Opportunity Assessment, By Formulation Technology, 2020 & 2030F |
9.2 Qatar Adhesives and sealants Market Opportunity Assessment, By Application, 2020 & 2030F |
9.3 Qatar Adhesives and sealants Market Opportunity Assessment, By Resin Type, 2020 & 2030F |
10 Qatar Adhesives and sealants Market - Competitive Landscape |
10.1 Qatar Adhesives and sealants Market Revenue Share, By Companies, 2023 |
10.2 Qatar Adhesives and sealants Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |