| Product Code: ETC5707849 | 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 composites import market continues to thrive in 2024, with top exporters such as China, USA, Mexico, El Salvador, and Honduras dominating the scene. The high concentration of the Herfindahl-Hirschman Index (HHI) indicates a competitive market environment. The impressive compound annual growth rate (CAGR) of 19.4% from 2020 to 2024 reflects sustained expansion. Moreover, the growth rate of 15.97% from 2023 to 2024 underscores the resilience and attractiveness of Guatemala`s composites import sector. These trends suggest ongoing opportunities and strong demand for composites in the Guatemalan market.

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 Composites Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Composites Market - Industry Life Cycle |
3.4 Guatemala Composites Market - Porter's Five Forces |
3.5 Guatemala Composites Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.6 Guatemala Composites Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 Guatemala Composites Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
3.8 Guatemala Composites Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
4 Guatemala Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight and high-strength materials in various industries in Guatemala |
4.2.2 Increasing investments in infrastructure development projects driving the demand for composites |
4.2.3 Advancements in technology leading to the development of innovative composite materials |
4.3 Market Restraints |
4.3.1 High cost associated with manufacturing and processing of composites |
4.3.2 Lack of awareness and technical expertise in handling composites among end-users in Guatemala |
5 Guatemala Composites Market Trends |
6 Guatemala Composites Market Segmentations |
6.1 Guatemala Composites Market, By Fiber Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Composites Market Revenues & Volume, By Glass Fiber Composites, 2021-2031F |
6.1.3 Guatemala Composites Market Revenues & Volume, By Carbon Fiber Composites, 2021-2031F |
6.1.4 Guatemala Composites Market Revenues & Volume, By Natural Fiber Composites, 2021-2031F |
6.2 Guatemala Composites Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Composites Market Revenues & Volume, By Thermoset Composites, 2021-2031F |
6.2.3 Guatemala Composites Market Revenues & Volume, By Thermoplastic Composites, 2021-2031F |
6.3 Guatemala Composites Market, By End-use Industry |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Composites Market Revenues & Volume, By Aerospace & defense, 2021-2031F |
6.3.3 Guatemala Composites Market Revenues & Volume, By Wind Energy, 2021-2031F |
6.3.4 Guatemala Composites Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.3.5 Guatemala Composites Market Revenues & Volume, By Construction & Infrastructure, 2021-2031F |
6.3.6 Guatemala Composites Market Revenues & Volume, By Marine, 2021-2031F |
6.3.7 Guatemala Composites Market Revenues & Volume, By Pipe & Tank, 2021-2031F |
6.3.8 Guatemala Composites Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Guatemala Composites Market Revenues & Volume, By Others, 2021-2031F |
6.4 Guatemala Composites Market, By Manufacturing Process |
6.4.1 Overview and Analysis |
6.4.2 Guatemala Composites Market Revenues & Volume, By Lay-up, 2021-2031F |
6.4.3 Guatemala Composites Market Revenues & Volume, By Filament Winding, 2021-2031F |
6.4.4 Guatemala Composites Market Revenues & Volume, By Injection Molding, 2021-2031F |
6.4.5 Guatemala Composites Market Revenues & Volume, By Pultrusion, 2021-2031F |
6.4.6 Guatemala Composites Market Revenues & Volume, By Compression Molding, 2021-2031F |
6.4.7 Guatemala Composites Market Revenues & Volume, By RTM, 2021-2031F |
7 Guatemala Composites Market Import-Export Trade Statistics |
7.1 Guatemala Composites Market Export to Major Countries |
7.2 Guatemala Composites Market Imports from Major Countries |
8 Guatemala Composites Market Key Performance Indicators |
8.1 Adoption rate of composites in key industries such as automotive, aerospace, and construction |
8.2 Number of research and development initiatives focused on enhancing composite materials in Guatemala |
8.3 Percentage increase in government funding for infrastructure projects utilizing composites. |
9 Guatemala Composites Market - Opportunity Assessment |
9.1 Guatemala Composites Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.2 Guatemala Composites Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 Guatemala Composites Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
9.4 Guatemala Composites Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
10 Guatemala Composites Market - Competitive Landscape |
10.1 Guatemala Composites Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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