HP Industries

What HP Industries does

HP Industries (HPI), headquartered in Doha, Qatar, is a private construction chemicals and XPS (extruded polystyrene) thermal insulation manufacturer operating under the legal entity HP Industries W.L.L. The company produces a diversified portfolio of more than 100 SKUs across twelve product categories, including concrete admixtures, waterproofing and bituminous coatings, surface treatments, flooring systems, adhesives, protective coatings, construction grouts, tile adhesives, concrete repair materials, joint sealants, and the GReeN FOAM range of XPS insulation boards (HD, ND, and MD variants). Product development is anchored in a 1,000 sqm in-house R&D facility staffed by chemists and engineers and built on a documented German technology knowledge base. The company holds ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications, and is the first Qatar-based thermal insulation and construction chemicals company to be approved by the United Nations Global Compact (UNGC) at signatory level for sustainability.

HPI generates revenue primarily through direct hardware sales of its two branded product lines, Polyron (construction chemicals) and GReeN FOAM (XPS boards), manufactured at its New Industrial Area plant in Doha. Distribution combines direct sales from the corporate office, e-commerce ordering through hpiqatar.com, domestic distribution via wholly-owned subsidiary H. Polybit Trading Ltd, project execution through H. Polybit Contracting Ltd, and a dedicated export arm, HP Industries Exports. The go-to-market is sales-led, supported by a channel partnership with Qatar Development Bank and the Qatar Exports Office in Riyadh to facilitate entry into Saudi Arabia under Vision 2030 construction demand. The customer base spans government and enterprise end-markets across roads, airports, sports venues, healthcare, logistics, real estate, and convention infrastructure in Qatar and overseas, with named reference projects including Education City Stadium (2022 FIFA World Cup), Hamad International Airport airfield remediation, the Doha Exhibition and Convention Centre, HBK Holdings' Lusail headquarters, and the Military Medical City Hospital.

Name

HP Industries

Legal name

HP INDUSTRIES W.L.L

Website

https://hpiqatar.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

51–100 employees

Short description

HP Industries (HPI) is a Doha, Qatar-based private manufacturer of construction chemicals and XPS thermal insulation boards, serving contractors and government clients across infrastructure, commercial, and industrial projects in Qatar and export markets.

Ownership category

akta.pro rank

Product category

Construction Chemicals

NAICS

Polystyrene Foam Product Manufacturing (326140), Paint, Coating, and Adhesive Manufacturing (3255)

SIC

Miscellaneous Chemical Products (2890), Plastics Foam Products (3086), Adhesives & Sealants (2891)

akta.pro primary industry

Specialty Polymers & Resins (Engineered Materials) (IMAEABAK)

akta.pro secondary industry

Polyurethane (PU) Rigid Foam Manufacturing (IMANAIAD)

Keywords

• Construction chemicals
• XPS thermal insulation
• Concrete admixtures
• Waterproofing coatings
• Industrial sealants

Headquarters

HQ city

Doha

HQ country

Kuwait

HQ region

Middle East

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. XPS Thermal Insulation Products: Manufacturing and sale of GReeN FOAM XPS thermal insulation boards including HD, ND, and MD variants for construction thermal insulation applications
2. Construction Chemicals: Comprehensive range of construction chemical products including concrete admixtures, waterproofing coatings, protective sealers, tile adhesives, grouts, joint sealants, concrete repair materials, floor toppings and coatings, surface treatment agents. One-stop solution for all concrete and construction chemical needs.
3. Technical Solutions Services: Technical and economic solutions for construction infrastructure projects based on experience from worldwide construction projects

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels3 records

Core offering

HP Industries manufactures and sells a comprehensive portfolio of construction chemicals (PolyRon brand) including concrete admixtures, waterproofing coatings, protective sealers, tile adhesives, grouts, joint sealants, concrete repair materials, flooring systems, and surface treatment agents. The company also manufactures XPS thermal insulation boards (GReeN FOAM brand) in HD, ND, and MD variants for construction thermal insulation applications, supported by a 1,000 sqm R&D facility and German technology knowledge base.

Product overview

HP Industries (HPI) is a Qatar-based construction chemicals and XPS thermal insulation board manufacturer operating as a diversified portfolio of specialized product lines rather than a unified platform. The product portfolio comprises 12 distinct categories: XPS Thermal Insulation Boards (GReeN FOAM HD, ND, MD), Concrete Admixtures (PolyЯRon product line including LWC, CI, PCP, SN, PC, A, AEA, IWP variants), Waterproofing and Dampproof Coatings (PolyЯRon TANK GUARD PU, AQUATHANE PUB, ISOPROOF series, CEMPROOF series, PROOF GUARD, PROOF COAT), Bituminous Coatings and Primers (BITSHIELD and BITPRIME series), Surface Treatment and Releasing Agents (ETCHIT, CURE series, FORMLEASE, CEMTARD, HYDROLEASE), Floorings Toppings and Coatings (URECHEM, URECREATE, EPOCLEAR, EPOFLOOR, EPOTHANE, NOVOCOAT, EPOCOAT, EPOPRIME, and floor hardeners), Adhesives and Bonding Agents (BONDIT, BONDIT EP, TRAFFIX, ISO BOND, ACROFIX, EPOWELD), Protective Coatings and Sealers (DURASEAL, DURAPRIME, DURATHANE, DURASHIELD, DURAGUARD, EPOPRIME WB, HYDROTHANE), Construction Grouts and Anchors (EPOGROUT, GROUT, ANCHOR GROUT, PILEGROUT, DOWELL GROUT), Tile Glues Block Fixing Agents and Grouts (TILE BOND, TILEBOND 2K, M BOND, EPOFILL TG, BLOCKFIX, POOLBOND), Concrete Repair Materials (REPMORT, REPCRETE, REPFILL, EPOMORT, EPOPUTTY, INJECT EP, SPATTER DS), and Joint Sealants and Moulding Compounds (SILOSEAL, ISOSEAL, THIOSEAL, INTUSEAL, ISOMOULD, ACROSEAL). All products carry the PolyЯRon brand except the XPS boards which are branded GReeN FOAM.

Differentiator

Problem solved

Functional benefit

Brands

• PolyЯRon: Construction chemicals brand including concrete admixtures, waterproofing coatings, tile adhesives, grouts, sealants, protective coatings, and concrete repair materials
• GReeN FOAM

Products and services

• GReeN FOAM XPS Thermal Insulation Boards Energy-efficient extruded polystyrene (XPS) thermal insulation boards manufactured by HP Industries for construction thermal insulation applications, available in high-density (HD), non-demolition (ND), and medium-density (MD) variants.
• PolyRon Concrete Admixtures PolyRon branded concrete admixtures for modifying concrete properties including workability, density reduction, corrosion inhibition, plasticizing, superplasticizing, air-entrainment, integral waterproofing, and high-strength concrete production.
• PolyRon Waterproofing and Dampproof Coatings Polyurethane, cementitious, acrylic, and bitumen-based waterproofing coatings and membranes for tanks, swimming pools, pipelines, foundation walls, wet rooms, roofs, and concrete structures.
• PolyRon Bituminous Coatings and Primers Emulsified and solvent-based bituminous waterproofing coatings, primers, and damp proofing products for construction applications.
• PolyRon Surface Treatment and Releasing Agents Concrete curing compounds, sealers, etching agents, form release agents, and surface retarders used in concrete construction and finishing applications.
• PolyRon Flooring Systems Epoxy, polyurethane, and cementitious self-levelling flooring systems, screeds, floor hardeners, primers, and abrasion-resistant coatings for industrial, commercial, and sports floor applications.
• PolyRon Adhesives and Bonding Agents PVA, SBR, acrylic, epoxy, and polyurethane-based bonding agents, adhesives, and primers for cementitious mortars, tiles, vinyl, carpet, road markings, and rubber granule binders.
• PolyRon Protective Coatings and Sealers Polyurethane, epoxy, acrylic, and polysulphide protective coatings, sealers, and primers for concrete protection including anticarbonation, chemical resistance, and UV stability applications.
• PolyRon Construction Grouts and Anchors Cementitious and epoxy-based non-shrink grouts, anchoring grouts, pile grouts, and precision grouts for construction and structural applications.
• PolyRon Tile Adhesives and Grouts Cementitious and epoxy-based tile adhesives, block fixing agents, and tile grouts including anti-fungal and high-performance formulations for tile, marble, granite, and underwater applications.
• PolyRon Concrete Repair Materials Epoxy and cementitious concrete repair mortars, crack fillers, injection grouts, resurfacing materials, fair-faced repair products, and micro concrete for structural restoration.
• PolyRon Joint Sealants and Moulding Compounds Silicone, polyurethane, acrylic, and polysulphide-based joint sealants, fire-rated sealants, crack fillers, jet fuel resistant pavement sealants, and moulding compounds for construction joints.

Named customers12 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Qatar Development BankcoreStrategic or Co-development PartnerCollaboration facilitated for providing innovative, environmentally friendly construction materials to Saudi Arabia. Qatar Development Bank supports Qatari suppliers in delivering energy-efficient materials supporting Saudi Vision 2030 plan.
• Qatar Exports Office in RiyadhcoreChannel Partner/ Reseller/ DistributorExport facilitation office supporting HPI exports to Saudi Arabia market. Provides collaboration platform for Qatari suppliers delivering to Saudi construction sector under Vision 2030.
• H. Polybit Trading LtdminorChannel Partner/ Reseller/ DistributorTrading entity located in Al Sadd, Doha for distribution of HP Industries construction chemical products in Qatar market.
• H. Polybit Contracting LtdminorOthersContracting entity within the HP Industries group for construction project applications.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Mapei: Mapei is an Italian global manufacturer of construction chemicals including tile adhesives, grouts, waterproofing, and concrete repair systems, competing head-to-head with HPI's tile and repair product lines.
• Sika AG: Sika is a Swiss-listed global construction chemicals leader with strong Middle East presence, producing admixtures, waterproofing, sealants, flooring, and concrete repair materials that directly compete with PolyЯRon.
• Styron (Trinseo): Trinseo produces XPS and EPS foam insulation boards used in construction, a comparable category to HPI's GReeN FOAM extruded polystyrene line.
• Saint-Gobain Isover: Saint-Gobain produces rigid foam insulation boards and a broad range of construction materials globally, directly comparable to HPI's GReeN FOAM XPS thermal insulation range.
• BASF Construction Chemicals: BASF's Master Builders Solutions division is the global benchmark for concrete admixtures, waterproofing, sealants, and flooring systems, overlapping with HPI's construction chemicals portfolio across the GCC.
• Hempel Group: Hempel is a global protective coatings manufacturer with strong Middle East presence in marine, infrastructure, and construction coatings, overlapping with HPI's DURASHIELD and DURATHANE protective coating lines.

Direct peers

• Fosroc: Fosroc is a direct peer, headquartered in the UAE with deep GCC penetration, manufacturing admixtures, waterproofing, sealants, flooring, and concrete repair chemicals, mirroring HPI's PolyЯRon product scope.
• Don Construction Products (DCP): DCP is a UAE-founded construction chemicals manufacturer with regional GCC operations producing admixtures, waterproofing, tile adhesives, and flooring systems comparable to HPI's full PolyЯRon portfolio.

Regional players

• National Paints Factories: National Paints is a regional manufacturer of paints, coatings, and waterproofing products across the Middle East, comparable to HPI's protective coatings and waterproofing segments.
• Conmix (BAM Construct): Conmix is a UAE-based manufacturer of construction chemicals including admixtures, grouts, and concrete repair products, directly competing with HPI's PolyЯRon portfolio in the GCC.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/hpiqatar
• LinkedInlinkedin.com/company/hpiqatar

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HP Industries