| Product Code: ETC4638548 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Guatemala saw a notable decline in thermoplastic elastomers import shipments in 2024, with the top exporting countries being the USA, Ecuador, Germany, South Korea, and China. Despite the high concentration level indicated by the Herfindahl-Hirschman Index (HHI), the market experienced a significant negative compound annual growth rate (CAGR) of -26.2% from 2020 to 2024. The growth rate plummeted even further in 2024, reaching -79.5%. These figures suggest a challenging landscape for thermoplastic elastomers imports in Guatemala, highlighting the need for strategic adjustments in the market.

Guatemala's Thermoplastic Elastomers market is anticipated to experience a stable growth rate of 0.01% by 2027, reflecting trends observed in the largest economy Brazil, followed by Mexico, Argentina, Colombia and Chile.

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 Guatemala Thermoplastic Elastomers Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Thermoplastic Elastomers Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Thermoplastic Elastomers Market - Industry Life Cycle |
3.4 Guatemala Thermoplastic Elastomers Market - Porter's Five Forces |
3.5 Guatemala Thermoplastic Elastomers Market Revenues & Volume Share, By Products, 2021 & 2031F |
3.6 Guatemala Thermoplastic Elastomers Market Revenues & Volume Share, By End users, 2021 & 2031F |
4 Guatemala Thermoplastic Elastomers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight and eco-friendly materials in various industries |
4.2.2 Increasing adoption of thermoplastic elastomers in automotive and construction sectors |
4.2.3 Technological advancements leading to improved performance and durability of thermoplastic elastomers |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Lack of awareness and limited availability of skilled labor for thermoplastic elastomers processing |
4.3.3 Stringent government regulations related to environmental concerns and waste management |
5 Guatemala Thermoplastic Elastomers Market Trends |
6 Guatemala Thermoplastic Elastomers Market Segmentations |
6.1 Guatemala Thermoplastic Elastomers Market, By Products |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Thermoplastic Elastomers Market Revenues & Volume, By Thermoplastic Polyurethane, 2021-2031F |
6.1.3 Guatemala Thermoplastic Elastomers Market Revenues & Volume, By Thermoplastic Vulcanizates, 2021-2031F |
6.1.4 Guatemala Thermoplastic Elastomers Market Revenues & Volume, By Thermoplastic Polyolefins, 2021-2031F |
6.1.5 Guatemala Thermoplastic Elastomers Market Revenues & Volume, By Copolymer Esters, 2021-2031F |
6.1.6 Guatemala Thermoplastic Elastomers Market Revenues & Volume, By Styrene Block Copolymer, 2021-2031F |
6.1.7 Guatemala Thermoplastic Elastomers Market Revenues & Volume, By Others, 2021-2031F |
6.2 Guatemala Thermoplastic Elastomers Market, By End users |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Thermoplastic Elastomers Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.2.3 Guatemala Thermoplastic Elastomers Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.4 Guatemala Thermoplastic Elastomers Market Revenues & Volume, By Appliances & Whitegoods, 2021-2031F |
6.2.5 Guatemala Thermoplastic Elastomers Market Revenues & Volume, By Footwear, 2021-2031F |
6.2.6 Guatemala Thermoplastic Elastomers Market Revenues & Volume, By Others, 2021-2031F |
7 Guatemala Thermoplastic Elastomers Market Import-Export Trade Statistics |
7.1 Guatemala Thermoplastic Elastomers Market Export to Major Countries |
7.2 Guatemala Thermoplastic Elastomers Market Imports from Major Countries |
8 Guatemala Thermoplastic Elastomers Market Key Performance Indicators |
8.1 Research and development investment in new thermoplastic elastomers formulations |
8.2 Percentage increase in the adoption of thermoplastic elastomers in key industries |
8.3 Number of patents filed for innovative thermoplastic elastomers technologies |
8.4 Growth rate of thermoplastic elastomers recycling initiatives |
8.5 Percentage of companies incorporating sustainability practices in thermoplastic elastomers production |
9 Guatemala Thermoplastic Elastomers Market - Opportunity Assessment |
9.1 Guatemala Thermoplastic Elastomers Market Opportunity Assessment, By Products, 2021 & 2031F |
9.2 Guatemala Thermoplastic Elastomers Market Opportunity Assessment, By End users, 2021 & 2031F |
10 Guatemala Thermoplastic Elastomers Market - Competitive Landscape |
10.1 Guatemala Thermoplastic Elastomers Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Thermoplastic Elastomers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |