Product Code: ETC022801 | 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 Industrial Valves market currently, in 2023, has witnessed an HHI of 949, Which has increased slightly as compared to the HHI of 828 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.
Industrial valves are used for controlling, regulating and isolating the flow of liquids or gases in an industrial plant. They are widely used across a range of industries such as oil & gas, chemical processing, power generation, water & wastewater treatment etc. Qatar is one of the major markets for industrial valves due to its rapidly growing economy and large-scale investments in infrastructure projects such as Lusail City Development Project which will require substantial use of these products.
The major driver behind the growth of Qatar industrial valve market is its rapid development and expansion plans especially in terms of construction activities which requires extensive use of these products. This has led to an increased demand for high-quality valves from various sectors including but not limited to food/beverage processing, petrochemical plants and others. Apart from infrastructure projects, there has been a significant increase in demand for industrial valves due to their usage in energy production activities especially within the oil & gas industry where they play an important role by controlling the flow rate or pressure within pipelines safely without any interruptions caused by mechanical damage or human errors.The government has also taken several initiatives such as providing fiscal incentives on imports that have encouraged foreign investors to enter into this field thereby increasing competition among manufacturers resulting in better quality products at competitive prices when compared with other countries like India and China who dominate this space globally.
As oil prices fluctuate significantly over time it influences the cost structure associated with producing different types of industrial valves making them susceptible to price volatility affecting profitability margins directly thereby hampering overall growth prospects for manufacturers operating in this sector. With advancement in technology, most companies have started using automated systems impacting traditional manual processes involved while manufacturing different types which can be difficult process owing lack awareness amongst small scale players resulting lower adoption levels than anticipated hindering efficient operations reducing profits earned ultimately leading decline sales revenues negatively impacting entire value chain.
The Qatar industrial valves market is expected to experience a decline in the short-term due to the impact of Covid-19 on industrial activities. The outbreak has led to disruption of supply chains and reduced demand for manufactured goods, thereby adversely impacting the overall industry. Additionally, delays in construction projects have also hampered growth prospects for Qatar industrial valve manufacturers. However, as economic activity gradually resumes post lockdown period, demand for industrial valves is likely to pick up significantly over 2021 and 2022. Further, increased investment in infrastructure development projects is anticipated to provide an impetus to sales growth over the projected period.
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 Industrial Valves Market Overview |
3.1 Qatar Country Macro Economic Indicators |
3.2 Qatar Industrial Valves Market Revenues & Volume, 2020 & 2030F |
3.3 Qatar Industrial Valves Market - Industry Life Cycle |
3.4 Qatar Industrial Valves Market - Porter's Five Forces |
3.5 Qatar Industrial Valves Market Revenues & Volume Share, By Function, 2020 & 2030F |
3.6 Qatar Industrial Valves Market Revenues & Volume Share, By Material, 2020 & 2030F |
3.7 Qatar Industrial Valves Market Revenues & Volume Share, By Types, 2020 & 2030F |
3.8 Qatar Industrial Valves Market Revenues & Volume Share, By Size, 2020 & 2030F |
3.9 Qatar Industrial Valves Market Revenues & Volume Share, By End-user Industry, 2020 & 2030F |
4 Qatar Industrial Valves Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Qatar Industrial Valves Market Trends |
6 Qatar Industrial Valves Market, By Types |
6.1 Qatar Industrial Valves Market, By Function |
6.1.1 Overview and Analysis |
6.1.2 Qatar Industrial Valves Market Revenues & Volume, By Function, 2020-2030F |
6.1.3 Qatar Industrial Valves Market Revenues & Volume, By On-off/Isolation, 2020-2030F |
6.1.4 Qatar Industrial Valves Market Revenues & Volume, By Control, 2020-2030F |
6.2 Qatar Industrial Valves Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Qatar Industrial Valves Market Revenues & Volume, By Steel, 2020-2030F |
6.2.3 Qatar Industrial Valves Market Revenues & Volume, By Cast Iron, 2020-2030F |
6.2.4 Qatar Industrial Valves Market Revenues & Volume, By Cryogenic, 2020-2030F |
6.2.5 Qatar Industrial Valves Market Revenues & Volume, By Alloy Based, 2020-2030F |
6.2.6 Qatar Industrial Valves Market Revenues & Volume, By Others, 2020-2030F |
6.3 Qatar Industrial Valves Market, By Types |
6.3.1 Overview and Analysis |
6.3.2 Qatar Industrial Valves Market Revenues & Volume, By Ball Valves, 2020-2030F |
6.3.3 Qatar Industrial Valves Market Revenues & Volume, By Butterfly Valves, 2020-2030F |
6.3.4 Qatar Industrial Valves Market Revenues & Volume, By Check Valves, 2020-2030F |
6.3.5 Qatar Industrial Valves Market Revenues & Volume, By Diaphragm Valves, 2020-2030F |
6.3.6 Qatar Industrial Valves Market Revenues & Volume, By Gate Valves, 2020-2030F |
6.3.7 Qatar Industrial Valves Market Revenues & Volume, By Globe Valves, 2020-2030F |
6.3.8 Qatar Industrial Valves Market Revenues & Volume, By Safety Valves, 2020-2030F |
6.3.9 Qatar Industrial Valves Market Revenues & Volume, By Safety Valves, 2020-2030F |
6.4 Qatar Industrial Valves Market, By Size |
6.4.1 Overview and Analysis |
6.4.2 Qatar Industrial Valves Market Revenues & Volume, By Up To 1?, 2020-2030F |
6.4.3 Qatar Industrial Valves Market Revenues & Volume, By 1-6?, 2020-2030F |
6.4.4 Qatar Industrial Valves Market Revenues & Volume, By 6-25?, 2020-2030F |
6.4.5 Qatar Industrial Valves Market Revenues & Volume, By 25-50?, 2020-2030F |
6.4.6 Qatar Industrial Valves Market Revenues & Volume, By 50? and Larger, 2020-2030F |
6.5 Qatar Industrial Valves Market, By End-user Industry |
6.5.1 Overview and Analysis |
6.5.2 Qatar Industrial Valves Market Revenues & Volume, By Oil & Gas, 2020-2030F |
6.5.3 Qatar Industrial Valves Market Revenues & Volume, By Water & Wastewater Treatment, 2020-2030F |
6.5.4 Qatar Industrial Valves Market Revenues & Volume, By Energy & Power, 2020-2030F |
6.5.5 Qatar Industrial Valves Market Revenues & Volume, By Food & Beverages, 2020-2030F |
6.5.6 Qatar Industrial Valves Market Revenues & Volume, By Chemicals, 2020-2030F |
6.5.7 Qatar Industrial Valves Market Revenues & Volume, By Building & Construction, 2020-2030F |
6.5.8 Qatar Industrial Valves Market Revenues & Volume, By Others, 2020-2030F |
6.5.9 Qatar Industrial Valves Market Revenues & Volume, By Others, 2020-2030F |
7 Qatar Industrial Valves Market Import-Export Trade Statistics |
7.1 Qatar Industrial Valves Market Export to Major Countries |
7.2 Qatar Industrial Valves Market Imports from Major Countries |
8 Qatar Industrial Valves Market Key Performance Indicators |
9 Qatar Industrial Valves Market - Opportunity Assessment |
9.1 Qatar Industrial Valves Market Opportunity Assessment, By Function, 2020 & 2030F |
9.2 Qatar Industrial Valves Market Opportunity Assessment, By Material, 2020 & 2030F |
9.3 Qatar Industrial Valves Market Opportunity Assessment, By Types, 2020 & 2030F |
9.4 Qatar Industrial Valves Market Opportunity Assessment, By Size, 2020 & 2030F |
9.5 Qatar Industrial Valves Market Opportunity Assessment, By End-user Industry, 2020 & 2030F |
10 Qatar Industrial Valves Market - Competitive Landscape |
10.1 Qatar Industrial Valves Market Revenue Share, By Companies, 2023 |
10.2 Qatar Industrial Valves Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |