Masterbatch demand in Qatar highly import driven

05-Oct-16

Qatar is a niche plastic processing industry with total of 57 processors, of which only 35%-40% processors use masterbatch. Qatar masterbatch market is highly import driven with Qatar Plastic Additives Company (QPAC) being one of the leading domestic manufacturers. Saudi Arabia, UAE, India, etc. are few of the prime exporters of masterbatch to Qatar. Over the last five years, masterbatch market in Qatar witnessed introduction of high-quality, standardized masterbatch that are being increasingly used in construction, plastic, fiber and agriculture industries.
According to TechSci Research, the masterbatch market in Qatar is projected to reach US$23.28 mln by 2021. Volume growth in masterbatch market in Qatar is anticipated on account of rising demand from processors using blown film extrusion process for manufacturing plastic sheets or films. In addition to blown film extrusion process, anticipated increase in roto molding process for manufacturing storage tanks and builders plastic, and single or twin screw extrusion process for cable manufacturing are also expected to increase demand for masterbatch in the country over the next five years. Few of the major masterbatch companies operating in Qatar include Qatar Plastic Additives Company, Clariant, A.Schulman, Juffali PolyOne, Cabot, and Astra Polymers.