Product Code: ETC090600 | 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 | |
The current market size of zinc chloride in Qtariis estimatedto beUSD0. 5 million. Thedemandforzinchloridewillgrowat CAGR of 3. 8% during the forecast period dueitsuseasafungicideinagricultureandsolventformanyindustrialapplicationssuchaspaintmanufacturingamongothersMajorcompaniesoperatingintheQatargalliumchloridemarketareAlKhaleejChemicalIndust.
The Qatar zinc chloride market is driven by its diverse applications across sectors such as chemicals, metallurgy, and oil drilling. Zinc chloride serves as a catalyst in chemical reactions, making it valuable for industrial processes. In the metallurgical industry, it plays a role in fluxing and galvanizing processes. Furthermore, zinc chloride is used as a fluid loss additive in oil drilling activities. As Qatar industrial landscape evolves and its infrastructure projects advance, the demand for zinc chloride for various applications is anticipated to grow, contributing to the expansion of the market.
The Qatar zinc chloride market faces challenges related to its corrosive nature and potential environmental impact. Zinc chloride, utilized in various applications such as galvanizing, soldering, and chemical processes, requires careful handling to prevent accidents and ensure worker safety. Additionally, the proper disposal of waste containing zinc chloride is crucial to prevent contamination of water bodies and soil. The market must address challenges associated with waste management, including developing efficient methods for waste treatment and disposal to minimize adverse environmental effects. Balancing industrial demands with environmental considerations is a key challenge for stakeholders in this sector.
The COVID-19 pandemic had an impact on the Qatar zinc chloride market, primarily due to the slowdown in construction and chemical sectors. The decreased demand for galvanizing and soldering applications, where zinc chloride is used, contributed to market challenges. The restrictions on construction activities and disruptions in the supply chain further affected market dynamics. As Qatar construction and industrial activities regain momentum post-pandemic, the zinc chloride market is expected to recover, driven by increased demand from these sectors and a gradual return to pre-pandemic levels of economic activity.
Key players in the Qatar zinc chloride market include Qatar Chemical Company (Q-Chem) and Qatar Petrochemical Company (QAPCO). Qatar Chemical Company (Q-Chem) contributes to Qatar chemical industry by producing zinc chloride, which is used in various applications such as metal surface treatment and chemical processes. Qatar Petrochemical Company (QAPCO) is involved in the production of petrochemicals, including zinc chloride, supporting Qatar industrial growth. These key players provide zinc chloride for a wide range of industrial applications in Qatar.