Product Code: ETC089340 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Qatar Acrylic acid Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 0.00% in 2025, the growth rate steadily ascends to 0.00% in 2029.
The acrylic acid market in Qatar is estimated to be worth USD 13. 6 million in 2025 and is expected to reach USD 15. 2 million during the forecast period, to grow at a CAGR of 2. 8%. The rising demand for paints & coatings, paper & pulp, adhesives and sealants, among other end-use industries are driving the growth of the market. Additionally, the growing population in Qatar has increased demand for infrastructure development activities such as construction projects that are fueling the use of acrylic acid in several applications including coatings and adhesives. Moreover, initiatives taken by government-owned companies such as Qatar Petroleum (QP) have boosted foreign investment into various industrial sectors resulting in an increase in economic activity which contributes towards growth opportunities for the acrylic acid market players operating within this region.
The Qatar acrylic acid market is set for growth due to several key drivers. Acrylic acid is a crucial raw material in the production of superabsorbent polymers used in hygiene products, such as diapers and adult incontinence products. The increasing awareness of personal hygiene and the growing aging population in Qatar contribute to the demand for these products. Moreover, the expansion of the construction and automotive industries drives the demand for acrylic acid-based coatings, adhesives, and sealants for enhancing durability and aesthetics. The focus on sustainable and eco-friendly products aligns with the development of bio-based acrylic acids, catering to the growing demand for environmentally conscious solutions. As Qatar industrial and consumer sectors expand, the acrylic acid market is expected to benefit from these trends.
The Qatar acrylic acid market, serving sectors like adhesives, paints, and textiles, faces challenges related to raw material availability, environmental concerns, and product versatility. Acrylic acid is derived from propylene, a byproduct of the petroleum refining process, making its supply chain subject to oil price fluctuations. Moreover, stringent environmental regulations necessitate environmentally friendly production processes and waste management solutions, increasing production costs. The market also faces challenges in developing and marketing acrylic acid derivatives with enhanced performance characteristics to cater to diverse industries. By focusing on sustainable sourcing, process innovation, and collaboration with downstream industries, the acrylic acid market can navigate these challenges and continue to thrive.
The Qatar acrylic acid market, a key component of the chemical and polymer sectors, underwent changes in response to the COVID-19 pandemic. Disruptions in production and fluctuations in demand for downstream products influenced the dynamics of the acrylic acid market. The pandemic`s impact on consumer behavior, including reduced automotive and construction activities, affected the demand for acrylic acid-derived products like adhesives, coatings, and textiles. The recovery of the acrylic acid market hinges on the rebound of industrial sectors and consumer confidence. Collaborative efforts to adapt production processes, explore new applications, and align with evolving market demands will be essential for ensuring the resilience and growth of Qatar acrylic acid industry.
Key players in the Qatar acrylic acid market include Qatar Petrochemical Company (QAPCO) and Qatar Chemical Company (Q-Chem). Qatar Petrochemical Company (QAPCO) is a leading producer of petrochemicals, including acrylic acid, which is used in various industries. Qatar Chemical Company (Q-Chem) is another significant player in the production and distribution of chemicals, contributing to Qatar industrial growth. These key players play a pivotal role in Qatar chemical industry by providing acrylic acid for applications such as adhesives, coatings, and textiles.
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 Acrylic acid Market Overview |
3.1 Qatar Country Macro Economic Indicators |
3.2 Qatar Acrylic acid Market Revenues & Volume, 2021 & 2031F |
3.3 Qatar Acrylic acid Market - Industry Life Cycle |
3.4 Qatar Acrylic acid Market - Porter's Five Forces |
3.5 Qatar Acrylic acid Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Qatar Acrylic acid Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Qatar Acrylic acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Qatar Acrylic acid Market Trends |
6 Qatar Acrylic acid Market, By Types |
6.1 Qatar Acrylic acid Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Qatar Acrylic acid Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Qatar Acrylic acid Market Revenues & Volume, By Acrylate Esters, 2021-2031F |
6.1.4 Qatar Acrylic acid Market Revenues & Volume, By Glacial Acrylic Acid, 2021-2031F |
6.1.5 Qatar Acrylic acid Market Revenues & Volume, By Others, 2021-2031F |
6.2 Qatar Acrylic acid Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Qatar Acrylic acid Market Revenues & Volume, By Surfactants and Surface Coatings, 2021-2031F |
6.2.3 Qatar Acrylic acid Market Revenues & Volume, By Organic Chemicals, 2021-2031F |
6.2.4 Qatar Acrylic acid Market Revenues & Volume, By Water Filtration, 2021-2031F |
6.2.5 Qatar Acrylic acid Market Revenues & Volume, By Adhesives and Sealants, 2021-2031F |
6.2.6 Qatar Acrylic acid Market Revenues & Volume, By Textiles, 2021-2031F |
6.2.7 Qatar Acrylic acid Market Revenues & Volume, By Water Treatment, 2021-2031F |
6.2.8 Qatar Acrylic acid Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Qatar Acrylic acid Market Revenues & Volume, By Others, 2021-2031F |
7 Qatar Acrylic acid Market Import-Export Trade Statistics |
7.1 Qatar Acrylic acid Market Export to Major Countries |
7.2 Qatar Acrylic acid Market Imports from Major Countries |
8 Qatar Acrylic acid Market Key Performance Indicators |
9 Qatar Acrylic acid Market - Opportunity Assessment |
9.1 Qatar Acrylic acid Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Qatar Acrylic acid Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Qatar Acrylic acid Market - Competitive Landscape |
10.1 Qatar Acrylic acid Market Revenue Share, By Companies, 2024 |
10.2 Qatar Acrylic acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |