Product Code: ETC088140 | 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 Maleic Anhydride Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 5.40% in 2028, following an initial rate of 2.38%, before easing to 5.40% at the end of the period.
The Qatar maleic anhydride market size was valued at USD 11. 6 million in 2025 and is projected to reach USD 15. 2 million during the forecast period, registering a CAGR of 4. 1% during the forecast period. Maleic anhydride is primarily used as a chemical intermediate for manufacturing polyester resins, alkyd resins, unsaturated polyester resins (UPR), lubricants and surfactants, among other products mainly used in industrial applications. The increasing growth in construction activities across Qatar has led to increased demand for paints & coatings that include UPRs as key ingredients which are in turn driving the consumption of maleic anhydride within the country over recent years.
The growth of the Qatar maleic anhydride market is driven by several factors. Maleic anhydride, a versatile chemical compound, finds applications in the production of various products, including resins, coatings, and agricultural chemicals. The construction and automotive sectors` expanding demand for unsaturated polyester resins, which utilize maleic anhydride, is propelling market growth. Additionally, the increasing emphasis on sustainable practices and eco-friendly materials is driving the adoption of maleic anhydride-based products, contributing to market expansion. The country`s efforts to diversify its industrial landscape and promote innovation further boost the maleic anhydride market, as it aligns with Qatar economic diversification goals. The growing consumer preference for lightweight and durable materials in manufacturing sectors also contributes to the demand for maleic anhydride-derived products, enhancing the market`s prospects.
The Qatar maleic anhydride market faces challenges stemming from its reliance on petrochemical feedstocks. Fluctuations in the availability and pricing of these feedstocks can impact the production of maleic anhydride, leading to supply chain disruptions. Additionally, market demand volatility due to economic shifts and changing consumer preferences poses challenges for manufacturers in terms of adapting production levels and strategies. Regulatory compliance and environmental concerns surrounding the chemical production process further complicate operations by requiring adherence to stringent standards and sustainable practices. These challenges necessitate a comprehensive approach that involves securing reliable feedstock supplies, anticipating demand fluctuations, and addressing environmental considerations.
The Qatar maleic anhydride market experienced the impact of the COVID-19 pandemic as it operates within the broader chemical and industrial sectors. Supply chain disruptions, reduced industrial activities, and shifts in demand patterns influenced the market dynamics. The pandemic`s economic consequences led to fluctuations in the production and consumption of products utilizing maleic anhydride, affecting the overall market demand. As various industries navigated lockdowns and restrictions, the demand for certain products, such as coatings and resins, declined, which in turn affected the demand for maleic anhydride. However, as Qatar gradually resumed economic activities and industries adapted to new norms, the market showed signs of recovery. The maleic anhydride market`s journey through the pandemic highlighted the industry`s resilience in the face of challenges and its ability to adapt to evolving consumer needs and market dynamics.
Prominent players in the Qatar maleic anhydride market include ChemTech Industries and PetroPolymer Solutions. ChemTech Industries is recognized for its production of high-quality maleic anhydride, utilized in various applications including coatings, plastics, and resins. With a focus on innovation and consistent product quality, ChemTech Industries has contributed to Qatar industrial development. PetroPolymer Solutions is known for its commitment to producing maleic anhydride solutions that meet international standards. These key players have played a significant role in supplying essential chemical compounds for diverse applications in Qatar industrial sectors.
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 Maleic Anhydride Market Overview |
3.1 Qatar Country Macro Economic Indicators |
3.2 Qatar Maleic Anhydride Market Revenues & Volume, 2021 & 2031F |
3.3 Qatar Maleic Anhydride Market - Industry Life Cycle |
3.4 Qatar Maleic Anhydride Market - Porter's Five Forces |
3.5 Qatar Maleic Anhydride Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 Qatar Maleic Anhydride Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Qatar Maleic Anhydride Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Qatar Maleic Anhydride Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Qatar Maleic Anhydride Market Trends |
6 Qatar Maleic Anhydride Market, By Types |
6.1 Qatar Maleic Anhydride Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 Qatar Maleic Anhydride Market Revenues & Volume, By Raw Material, 2021-2031F |
6.1.3 Qatar Maleic Anhydride Market Revenues & Volume, By N-Butane, 2021-2031F |
6.1.4 Qatar Maleic Anhydride Market Revenues & Volume, By Benzene, 2021-2031F |
6.2 Qatar Maleic Anhydride Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Qatar Maleic Anhydride Market Revenues & Volume, By Unsaturated Polyester Resin, 2021-2031F |
6.2.3 Qatar Maleic Anhydride Market Revenues & Volume, By Copolymers, 2021-2031F |
6.2.4 Qatar Maleic Anhydride Market Revenues & Volume, By Lubricant Additives, 2021-2031F |
6.2.5 Qatar Maleic Anhydride Market Revenues & Volume, By Alkenyl Succinic Anhydrides, 2021-2031F |
6.2.6 Qatar Maleic Anhydride Market Revenues & Volume, By Malic Acid, 2021-2031F |
6.2.7 Qatar Maleic Anhydride Market Revenues & Volume, By Fumaric Acid, 2021-2031F |
6.3 Qatar Maleic Anhydride Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Qatar Maleic Anhydride Market Revenues & Volume, By Construction, 2021-2031F |
6.3.3 Qatar Maleic Anhydride Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.4 Qatar Maleic Anhydride Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.5 Qatar Maleic Anhydride Market Revenues & Volume, By Textile, 2021-2031F |
6.3.6 Qatar Maleic Anhydride Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.7 Qatar Maleic Anhydride Market Revenues & Volume, By Personal Care, 2021-2031F |
6.3.8 Qatar Maleic Anhydride Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Qatar Maleic Anhydride Market Revenues & Volume, By Others, 2021-2031F |
7 Qatar Maleic Anhydride Market Import-Export Trade Statistics |
7.1 Qatar Maleic Anhydride Market Export to Major Countries |
7.2 Qatar Maleic Anhydride Market Imports from Major Countries |
8 Qatar Maleic Anhydride Market Key Performance Indicators |
9 Qatar Maleic Anhydride Market - Opportunity Assessment |
9.1 Qatar Maleic Anhydride Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 Qatar Maleic Anhydride Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Qatar Maleic Anhydride Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Qatar Maleic Anhydride Market - Competitive Landscape |
10.1 Qatar Maleic Anhydride Market Revenue Share, By Companies, 2024 |
10.2 Qatar Maleic Anhydride Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |