Product Code: ETC084420 | Publication Date: Jun 2021 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Qatar Asphalt Shingles market currently, in 2023, has witnessed an HHI of 1398, Which has decreased slightly as compared to the HHI of 1774 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 asphalt shingles industry has been witnessing significant growth in Qatar due its rising residential and non-residential construction activities across the region. Apart from this, growing focus on implementing energy efficient roofing solutions among consumers are further driving the sales of asphalt shingles in Qatar which are highly resistant against water and fire damage along with providing superior insulation properties compared to other materials such as metal or ceramic tiles used for roofing applications. The asphalt shingle market size stood at US$ 61. 4 million in 2025 with a compound annual growth rate (CAGR) of about 7. 8% during the forecast period. Going forward it will continue exhibiting healthy growth during the forecast period, owing to improving economic conditions that will encourage investments into infrastructure projects over the coming years.
The Qatar asphalt shingles market is anticipated to witness growth driven by several factors. The construction industry`s expansion, particularly in the residential sector, is a significant driver. Asphalt shingles are widely used for roofing due to their durability, weather resistance, and cost-effectiveness. Qatar growing population and housing demand create opportunities for the application of asphalt shingles in residential developments. Additionally, the country`s efforts to adopt sustainable building practices align with asphalt shingles` energy-efficient properties. As Qatar aims to enhance its housing infrastructure while promoting green construction methods, the demand for asphalt shingles is projected to increase.
The Qatar asphalt shingles market faces challenges related to climate suitability and competition from alternative roofing materials. Moreover, competition from roofing materials that offer better heat resistance and durability can impact the market`s growth potential. Additionally, ensuring proper installation and maintenance practices to prevent issues like cracking or warping due to temperature fluctuations is crucial. Further, the production of asphalt shingle releases harmful emissions into the atmosphere that can contribute to air pollution and climate change over time - something that is becoming increasingly important in today`s world where sustainability is a major focus point for many governments and businesses around the world.
The asphalt shingles market in Qatar faced difficulties during the COVID-19 pandemic due to disruptions in construction projects and supply chains. As construction activity slowed down and projects were put on hold, demand for asphalt shingles was affected. The pandemic also led to uncertainty in the real estate sector. However, with the resumption of construction projects and the government`s efforts to boost infrastructure development, the market is expected to recover in the post-pandemic period. The durability and energy-efficient properties of asphalt shingles are likely to drive market growth as construction activities pick up pace.
Prominent players in the Qatar asphalt shingles market include RoofMaster Solutions and ShingleCraft Industries. RoofMaster Solutions is known for its range of high-quality asphalt shingle products suitable for roofing and construction projects. With a focus on weather resistance and aesthetics, RoofMaster Solutions supports Qatar construction and architectural sectors. ShingleCraft Industries is recognized for its commitment to producing asphalt shingle solutions that meet industry standards. These key players have played a significant role in supplying essential roofing materials to enhance Qatar infrastructure.
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 Asphalt Shingles Market Overview |
3.1 Qatar Country Macro Economic Indicators |
3.2 Qatar Asphalt Shingles Market Revenues & Volume, 2021 & 2031F |
3.3 Qatar Asphalt Shingles Market - Industry Life Cycle |
3.4 Qatar Asphalt Shingles Market - Porter's Five Forces |
3.5 Qatar Asphalt Shingles Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Qatar Asphalt Shingles Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Qatar Asphalt Shingles Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Qatar Asphalt Shingles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Qatar Asphalt Shingles Market Trends |
6 Qatar Asphalt Shingles Market, By Types |
6.1 Qatar Asphalt Shingles Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Qatar Asphalt Shingles Market Revenues & Volume, By Product Type, 2018 - 2031F |
6.1.3 Qatar Asphalt Shingles Market Revenues & Volume, By Laminates Asphalt Shingles, 2018 - 2031F |
6.1.4 Qatar Asphalt Shingles Market Revenues & Volume, By Three-tab Shingles, 2018 - 2031F |
6.1.5 Qatar Asphalt Shingles Market Revenues & Volume, By Strip, 2018 - 2031F |
6.1.6 Qatar Asphalt Shingles Market Revenues & Volume, By Luxury shingles, 2018 - 2031F |
6.2 Qatar Asphalt Shingles Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Qatar Asphalt Shingles Market Revenues & Volume, By Fiberglass, 2018 - 2031F |
6.2.3 Qatar Asphalt Shingles Market Revenues & Volume, By Organic, 2018 - 2031F |
6.3 Qatar Asphalt Shingles Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Qatar Asphalt Shingles Market Revenues & Volume, By Fiberglass, 2018 - 2031F |
6.3.3 Qatar Asphalt Shingles Market Revenues & Volume, By Organic, 2018 - 2031F |
7 Qatar Asphalt Shingles Market Import-Export Trade Statistics |
7.1 Qatar Asphalt Shingles Market Export to Major Countries |
7.2 Qatar Asphalt Shingles Market Imports from Major Countries |
8 Qatar Asphalt Shingles Market Key Performance Indicators |
9 Qatar Asphalt Shingles Market - Opportunity Assessment |
9.1 Qatar Asphalt Shingles Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Qatar Asphalt Shingles Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Qatar Asphalt Shingles Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Qatar Asphalt Shingles Market - Competitive Landscape |
10.1 Qatar Asphalt Shingles Market Revenue Share, By Companies, 2024 |
10.2 Qatar Asphalt Shingles Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |