| Product Code: ETC4712895 | 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 |
In 2024, Guatemala continued to heavily rely on imports of benzyl alcohol, with top suppliers being China, India, Germany, Mexico, and the USA. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 saw a significant decline of -11.42%, and the growth rate from 2023 to 2024 decreased by -26.86%. These trends indicate a challenging market environment with a notable decrease in demand for benzyl alcohol in Guatemala.

The Benzyl alcohol market in Guatemala is projected to grow at a growing growth rate of 9.70% by 2027, highlighting the country's increasing focus on advanced technologies within the Latin America region, where Brazil holds the dominant position, followed closely by Mexico, Argentina, Colombia and Chile, shaping overall regional demand.

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 Benzyl alcohol Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Benzyl alcohol Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Benzyl alcohol Market - Industry Life Cycle |
3.4 Guatemala Benzyl alcohol Market - Porter's Five Forces |
3.5 Guatemala Benzyl alcohol Market Revenues & Volume Share, By Purity, 2021 & 2031F |
3.6 Guatemala Benzyl alcohol Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 Guatemala Benzyl alcohol Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Guatemala Benzyl alcohol Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Guatemala Benzyl alcohol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for benzyl alcohol in the pharmaceutical industry for manufacturing medicines and personal care products. |
4.2.2 Growth in the food and beverage industry, where benzyl alcohol is used as a flavoring agent and preservative. |
4.2.3 Rising awareness about the benefits of benzyl alcohol in various applications, such as perfumes, paints, and coatings. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of benzyl alcohol. |
4.3.2 Stringent regulations and compliance requirements associated with the use of benzyl alcohol in different industries. |
4.3.3 Competition from alternative chemicals and substitutes impacting the market growth. |
5 Guatemala Benzyl alcohol Market Trends |
6 Guatemala Benzyl alcohol Market Segmentations |
6.1 Guatemala Benzyl alcohol Market, By Purity |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Benzyl alcohol Market Revenues & Volume, By Greater than 99%, 2021-2031F |
6.1.3 Guatemala Benzyl alcohol Market Revenues & Volume, By Between 99-99.5%, 2021-2031F |
6.1.4 Guatemala Benzyl alcohol Market Revenues & Volume, By Less than 99%, 2021-2031F |
6.2 Guatemala Benzyl alcohol Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Benzyl alcohol Market Revenues & Volume, By Industrial Grade, 2021-2031F |
6.2.3 Guatemala Benzyl alcohol Market Revenues & Volume, By Food Grade, 2021-2031F |
6.2.4 Guatemala Benzyl alcohol Market Revenues & Volume, By Pharmaceutical Grade, 2021-2031F |
6.2.5 Guatemala Benzyl alcohol Market Revenues & Volume, By Others, 2021-2031F |
6.3 Guatemala Benzyl alcohol Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Benzyl alcohol Market Revenues & Volume, By Dielectric Solvent, 2021-2031F |
6.3.3 Guatemala Benzyl alcohol Market Revenues & Volume, By Bacteriostatic Preservative, 2021-2031F |
6.3.4 Guatemala Benzyl alcohol Market Revenues & Volume, By Cleaning Agent, 2021-2031F |
6.3.5 Guatemala Benzyl alcohol Market Revenues & Volume, By Epoxy Resins, 2021-2031F |
6.3.6 Guatemala Benzyl alcohol Market Revenues & Volume, By Synthetic Solvent, 2021-2031F |
6.3.7 Guatemala Benzyl alcohol Market Revenues & Volume, By Others, 2021-2031F |
6.4 Guatemala Benzyl alcohol Market, By End-users |
6.4.1 Overview and Analysis |
6.4.2 Guatemala Benzyl alcohol Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.4.3 Guatemala Benzyl alcohol Market Revenues & Volume, By Paints & Coating, 2021-2031F |
6.4.4 Guatemala Benzyl alcohol Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.4.5 Guatemala Benzyl alcohol Market Revenues & Volume, By Others, 2021-2031F |
7 Guatemala Benzyl alcohol Market Import-Export Trade Statistics |
7.1 Guatemala Benzyl alcohol Market Export to Major Countries |
7.2 Guatemala Benzyl alcohol Market Imports from Major Countries |
8 Guatemala Benzyl alcohol Market Key Performance Indicators |
8.1 Research and development investment in benzyl alcohol-based products. |
8.2 Number of new product launches using benzyl alcohol as a key ingredient. |
8.3 Growth in the number of partnerships and collaborations within the benzyl alcohol supply chain. |
9 Guatemala Benzyl alcohol Market - Opportunity Assessment |
9.1 Guatemala Benzyl alcohol Market Opportunity Assessment, By Purity, 2021 & 2031F |
9.2 Guatemala Benzyl alcohol Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.3 Guatemala Benzyl alcohol Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Guatemala Benzyl alcohol Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Guatemala Benzyl alcohol Market - Competitive Landscape |
10.1 Guatemala Benzyl alcohol Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Benzyl alcohol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |