Product Code: ETC025501 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Qatar grinding wheels and abrasive stones market is expected to register a CAGR of 4.5% during the forecast period. The grinding wheel industry in Qatar has been driven by the country`s strong focus on infrastructure development, as well as its increasing spending on defense and oil & gas sectors. Moreover, an increase in investment from both domestic and foreign investors for construction projects such as Doha Metro, Lusail Light Rail Transit System (LLRT), New Orbital Highway & Truck Route, Hamad Port Expansion Project among others are also likely to drive the demand for these products over the forecast period.
The key drivers driving growth of Qatar grinding wheel market include increased government investments towards infrastructure development initiatives across various sectors like transportation, aviation etc., presence of large pools of oil reserves leading to robust economic growth and rising disposable income levels along with growing population base leading to an upsurge in overall construction activities across commercial building complexes, residential apartments etc. Additionally, long term agreements between local governmental bodies and international conglomerates for executing major industrial projects are expected to further bolster revenue prospects over upcoming years. Growing utilization rates among heavy industries including automotive sector is another factor supplementing expansion prospects for respective business verticals.
However, stringent environmental regulations related to using hazardous chemicals or materials while manufacturing these items act a major restraint hampering industry outlook over foreseeable future timeframe. Also, high initial costs associated with acquiring modernized equipment???s along with lack of skilled labor force can pose difficulties for players engaged in this space thereby impacting product adoption rate adversely.
The Covid-19 pandemic has caused a significant impact on the global grinding wheels and abrasive stones market. The construction industry, which is one of the major end users of grinding wheels and abrasives stone, suffered from a major slowdown in 2025 due to lockdowns imposed by governments to contain the spread of coronavirus. This resulted in decreased demand for these products across all regions including Qatar. Additionally, supply chain disruptions further hindered business operations affecting production capacities as well as trade activities around Qatar causing delays in product delivery timelines. It is expected that despite growth opportunities due to increasing investments towards infrastructure development projects, recovery will remain slow until 2025 when it can be expected that there will be an increase in demand for these products again.
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 Grinding Wheels and Abrasive Stones Market Overview |
3.1 Qatar Country Macro Economic Indicators |
3.2 Qatar Grinding Wheels and Abrasive Stones Market Revenues & Volume, 2021 & 2031F |
3.3 Qatar Grinding Wheels and Abrasive Stones Market - Industry Life Cycle |
3.4 Qatar Grinding Wheels and Abrasive Stones Market - Porter's Five Forces |
3.5 Qatar Grinding Wheels and Abrasive Stones Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Qatar Grinding Wheels and Abrasive Stones Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Qatar Grinding Wheels and Abrasive Stones Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Qatar Grinding Wheels and Abrasive Stones Market Trends |
6 Qatar Grinding Wheels and Abrasive Stones Market, By Types |
6.1 Qatar Grinding Wheels and Abrasive Stones Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Qatar Grinding Wheels and Abrasive Stones Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Qatar Grinding Wheels and Abrasive Stones Market Revenues & Volume, By Grinding Wheels, 2021-2031F |
6.1.4 Qatar Grinding Wheels and Abrasive Stones Market Revenues & Volume, By Abrasive Stones , 2021-2031F |
6.2 Qatar Grinding Wheels and Abrasive Stones Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Qatar Grinding Wheels and Abrasive Stones Market Revenues & Volume, By Transport Industry, 2021-2031F |
6.2.3 Qatar Grinding Wheels and Abrasive Stones Market Revenues & Volume, By Construction, 2021-2031F |
6.2.4 Qatar Grinding Wheels and Abrasive Stones Market Revenues & Volume, By Bearing & Machinery, 2021-2031F |
6.2.5 Qatar Grinding Wheels and Abrasive Stones Market Revenues & Volume, By Steel Industry, 2021-2031F |
6.2.6 Qatar Grinding Wheels and Abrasive Stones Market Revenues & Volume, By Other, 2021-2031F |
7 Qatar Grinding Wheels and Abrasive Stones Market Import-Export Trade Statistics |
7.1 Qatar Grinding Wheels and Abrasive Stones Market Export to Major Countries |
7.2 Qatar Grinding Wheels and Abrasive Stones Market Imports from Major Countries |
8 Qatar Grinding Wheels and Abrasive Stones Market Key Performance Indicators |
9 Qatar Grinding Wheels and Abrasive Stones Market - Opportunity Assessment |
9.1 Qatar Grinding Wheels and Abrasive Stones Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Qatar Grinding Wheels and Abrasive Stones Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Qatar Grinding Wheels and Abrasive Stones Market - Competitive Landscape |
10.1 Qatar Grinding Wheels and Abrasive Stones Market Revenue Share, By Companies, 2024 |
10.2 Qatar Grinding Wheels and Abrasive Stones Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |