Product Code: ETC007621 | Publication Date: Jul 2023 | Updated Date: Feb 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Qatar PVC market was valued at US$ 744.82 million in 2019 and is projected to reach US$ 919.69 million by 2026; it is expected to grow at a CAGR of 3.2% during the forecast period 2020 - 2026. Polyvinyl Chloride (PVC) is an economical material that has excellent physical, mechanical, electrical and thermal properties along with chemical resistance which makes it suitable for various industrial applications such as packaging materials, construction applications, automotive components and many others. Growing demand from the building & construction industry in the region owing to large-scale infrastructure development projects will be one of the major drivers for growth in this market over the forecast period.
Growing demand from the Building & Construction Industry due to the increasing number of infrastructure development projects across the country is the key driver of this market. Increasing use of vinyl siding products among residential buildings coupled with growing awareness regarding energy efficiency provided by these product. Robust economic growth driving increased investments into manufacturing sector leading to rising use of Polyvinyl chloride in production process. Development of new grades of polymers offering better performance characteristics making them attractive option for commercial purposes especially medical equipment components etc also drive the market growth.
The main challenges faced by the Qatar PVC market during this period was the volatility in raw material prices. PVC production heavily relies on petrochemical feedstocks, and fluctuations in oil prices impacted the overall cost of PVC production. This led to uncertainties in the market, affecting pricing strategies and profit margins for manufacturers and suppliers. Another challenge arose from the increasing concerns about the environmental impact of PVC products. While PVC is a versatile and durable material, it is not biodegradable and can release harmful chemicals during its lifecycle. As environmental awareness grew, consumers and regulatory bodies started pressuring the industry to adopt more sustainable practices and invest in research for eco-friendly alternatives. To address these challenges, the Qatar PVC market witnessed a growing trend of adopting recycling initiatives and exploring bio-based PVC materials. Companies started investing in research and development to find more environmentally friendly production methods and develop PVC products with reduced ecological footprints.
The Qatar PVC market experienced fluctuations during the COVID-19 pandemic. As construction activities slowed down and industries faced disruptions, the demand for PVC products, such as pipes and fittings, initially declined. However, with the resumption of infrastructure projects and the need for reliable sanitation systems, the PVC market started to recover. Moreover, the increased focus on healthcare infrastructure and hygiene measures during the pandemic led to higher demand for PVC-based medical products.
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 PVC Market Overview |
3.1 Qatar Country Macro Economic Indicators |
3.2 Qatar PVC Market Revenues & Volume, 2020 & 2030F |
3.3 Qatar PVC Market - Industry Life Cycle |
3.4 Qatar PVC Market - Porter's Five Forces |
3.5 Qatar PVC Market Revenues & Volume Share, By Product Types, 2020 & 2030F |
3.6 Qatar PVC Market Revenues & Volume Share, By Stabilizer Type, 2020 & 2030F |
3.7 Qatar PVC Market Revenues & Volume Share, By Applications, 2020 & 2030F |
4 Qatar PVC Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Qatar PVC Market Trends |
6 Qatar PVC Market, By Types |
6.1 Qatar PVC Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Qatar PVC Market Revenues & Volume, By Product Types, 2020-2030F |
6.1.3 Qatar PVC Market Revenues & Volume, By Rigid PVC, 2020-2030F |
6.1.4 Qatar PVC Market Revenues & Volume, By Flexible PVC, 2020-2030F |
6.1.5 Qatar PVC Market Revenues & Volume, By Low-smoke PVC, 2020-2030F |
6.1.6 Qatar PVC Market Revenues & Volume, By Chlorinated PVC, 2020-2030F |
6.2 Qatar PVC Market, By Stabilizer Type |
6.2.1 Overview and Analysis |
6.2.2 Qatar PVC Market Revenues & Volume, By Calcium-based Stabilizers , 2020-2030F |
6.2.3 Qatar PVC Market Revenues & Volume, By Lead-based Stabilizers , 2020-2030F |
6.2.4 Qatar PVC Market Revenues & Volume, By Tin and Organotin-based, 2020-2030F |
6.2.5 Qatar PVC Market Revenues & Volume, By Barium-based and Others , 2020-2030F |
6.3 Qatar PVC Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Qatar PVC Market Revenues & Volume, By Construction, 2020-2030F |
6.3.3 Qatar PVC Market Revenues & Volume, By Consumer, 2020-2030F |
6.3.4 Qatar PVC Market Revenues & Volume, By Packaging, 2020-2030F |
6.3.5 Qatar PVC Market Revenues & Volume, By Electrical & Electronics, 2020-2030F |
6.3.6 Qatar PVC Market Revenues & Volume, By Transportation, 2020-2030F |
7 Qatar PVC Market Import-Export Trade Statistics |
7.1 Qatar PVC Market Export to Major Countries |
7.2 Qatar PVC Market Imports from Major Countries |
8 Qatar PVC Market Key Performance Indicators |
9 Qatar PVC Market - Opportunity Assessment |
9.1 Qatar PVC Market Opportunity Assessment, By Product Types, 2020 & 2030F |
9.2 Qatar PVC Market Opportunity Assessment, By Stabilizer Type, 2020 & 2030F |
9.3 Qatar PVC Market Opportunity Assessment, By Applications, 2020 & 2030F |
10 Qatar PVC Market - Competitive Landscape |
10.1 Qatar PVC Market Revenue Share, By Companies, 2023 |
10.2 Qatar PVC Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |