| Product Code: ETC5521516 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Guatemala`s bitumen import market in 2024 continued to be dominated by key suppliers including the USA, Mexico, Honduras, El Salvador, and Italy. Despite the high concentration of market share, the industry demonstrated significant growth with a compound annual growth rate (CAGR) of 19.68% from 2020 to 2024. However, there was a notable decrease in growth rate from 2023 to 2024 at -62.18%, indicating potential challenges or shifts in the market dynamics during that period. It will be essential for stakeholders to closely monitor trends and adapt strategies accordingly to navigate the evolving landscape.

The Bitumen market in Guatemala is projected to grow at a high growth rate of 11.94% by 2027, within the Latin America region led by Brazil, along with other countries like Mexico, Argentina, Colombia and Chile, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Bitumen Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Bitumen Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Bitumen Market - Industry Life Cycle |
3.4 Guatemala Bitumen Market - Porter's Five Forces |
3.5 Guatemala Bitumen Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Guatemala Bitumen Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guatemala Bitumen Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing infrastructure development projects in Guatemala |
4.2.2 Growing demand for bitumen in road construction and maintenance activities |
4.2.3 Government initiatives to improve transportation network in the country |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in bitumen production |
4.3.2 Environmental concerns and regulations surrounding bitumen usage |
4.3.3 Competition from alternative materials in road construction |
5 Guatemala Bitumen Market Trends |
6 Guatemala Bitumen Market Segmentations |
6.1 Guatemala Bitumen Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Bitumen Market Revenues & Volume, By Paving Grade, 2021-2031F |
6.1.3 Guatemala Bitumen Market Revenues & Volume, By Hard Grade, 2021-2031F |
6.1.4 Guatemala Bitumen Market Revenues & Volume, By Oxidized Grade, 2021-2031F |
6.1.5 Guatemala Bitumen Market Revenues & Volume, By Bitumen Emulsions, 2021-2031F |
6.1.6 Guatemala Bitumen Market Revenues & Volume, By Polymer Modified Bitumen, 2021-2031F |
6.1.7 Guatemala Bitumen Market Revenues & Volume, By Other, 2021-2031F |
6.2 Guatemala Bitumen Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Bitumen Market Revenues & Volume, By Road Construction, 2021-2031F |
6.2.3 Guatemala Bitumen Market Revenues & Volume, By Waterproofing, 2021-2031F |
6.2.4 Guatemala Bitumen Market Revenues & Volume, By Adhesives, 2021-2031F |
6.2.5 Guatemala Bitumen Market Revenues & Volume, By Other, 2021-2031F |
7 Guatemala Bitumen Market Import-Export Trade Statistics |
7.1 Guatemala Bitumen Market Export to Major Countries |
7.2 Guatemala Bitumen Market Imports from Major Countries |
8 Guatemala Bitumen Market Key Performance Indicators |
8.1 Average selling price of bitumen in Guatemala |
8.2 Number of infrastructure projects using bitumen |
8.3 Percentage of road construction projects using bitumen additives for enhanced performance |
9 Guatemala Bitumen Market - Opportunity Assessment |
9.1 Guatemala Bitumen Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Guatemala Bitumen Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guatemala Bitumen Market - Competitive Landscape |
10.1 Guatemala Bitumen Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Bitumen Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |