Guatemala Compressed Natural Gas Market (2025-2031) | Outlook, Industry, Analysis, Forecast, Value, Revenue, Share, Segmentation, Companies, Trends, Size & Growth

Market Forecast By Source (Associated Gas, Non Associated Gas, Unconventional Sources, Distribution Channel), By End User (Light Duty Vehicles, Medium Or Heavy Duty Buses, Medium Or Heavy Duty Trucks) And Competitive Landscape
Product Code: ETC5353423 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 Compressed Natural Gas Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Guatemala`s compressed natural gas import market saw significant growth with a high concentration of supply from the USA, Trinidad and Tobago, Chile, China, and Mexico. The market remains highly concentrated with a high Herfindahl-Hirschman Index (HHI). The impressive Compound Annual Growth Rate (CAGR) of 19.93% from 2020 to 2024 indicates a strong upward trend, with a remarkable growth rate of 21.11% in the latest year alone. This data suggests a promising outlook for the compressed natural gas import sector in Guatemala, driven by a diverse range of key exporting countries.

Guatemala Compressed Natural Gas Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Guatemala Compressed Natural Gas Market Outlook
  • Market Size of Guatemala Compressed Natural Gas Market, 2024
  • Forecast of Guatemala Compressed Natural Gas Market, 2031
  • Historical Data and Forecast of Guatemala Compressed Natural Gas Revenues & Volume for the Period 2021-2031
  • Guatemala Compressed Natural Gas Market Trend Evolution
  • Guatemala Compressed Natural Gas Market Drivers and Challenges
  • Guatemala Compressed Natural Gas Price Trends
  • Guatemala Compressed Natural Gas Porter`s Five Forces
  • Guatemala Compressed Natural Gas Industry Life Cycle
  • Historical Data and Forecast of Guatemala Compressed Natural Gas Market Revenues & Volume By Source for the Period 2021-2031
  • Historical Data and Forecast of Guatemala Compressed Natural Gas Market Revenues & Volume By Associated Gas for the Period 2021-2031
  • Historical Data and Forecast of Guatemala Compressed Natural Gas Market Revenues & Volume By Non Associated Gas for the Period 2021-2031
  • Historical Data and Forecast of Guatemala Compressed Natural Gas Market Revenues & Volume By Unconventional Sources for the Period 2021-2031
  • Historical Data and Forecast of Guatemala Associated Gas Compressed Natural Gas Market Revenues & Volume By Distribution Channel for the Period 2021-2031
  • Historical Data and Forecast of Guatemala Compressed Natural Gas Market Revenues & Volume By End User for the Period 2021-2031
  • Historical Data and Forecast of Guatemala Compressed Natural Gas Market Revenues & Volume By Light Duty Vehicles for the Period 2021-2031
  • Historical Data and Forecast of Guatemala Compressed Natural Gas Market Revenues & Volume By Medium Or Heavy Duty Buses for the Period 2021-2031
  • Historical Data and Forecast of Guatemala Compressed Natural Gas Market Revenues & Volume By Medium Or Heavy Duty Trucks for the Period 2021-2031
  • Guatemala Compressed Natural Gas Import Export Trade Statistics
  • Market Opportunity Assessment By Source
  • Market Opportunity Assessment By End User
  • Guatemala Compressed Natural Gas Top Companies Market Share
  • Guatemala Compressed Natural Gas Competitive Benchmarking By Technical and Operational Parameters
  • Guatemala Compressed Natural Gas Company Profiles
  • Guatemala Compressed Natural Gas Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Compressed Natural Gas Market Overview

3.1 Guatemala Country Macro Economic Indicators

3.2 Guatemala Compressed Natural Gas Market Revenues & Volume, 2021 & 2031F

3.3 Guatemala Compressed Natural Gas Market - Industry Life Cycle

3.4 Guatemala Compressed Natural Gas Market - Porter's Five Forces

3.5 Guatemala Compressed Natural Gas Market Revenues & Volume Share, By Source, 2021 & 2031F

3.6 Guatemala Compressed Natural Gas Market Revenues & Volume Share, By End User, 2021 & 2031F

4 Guatemala Compressed Natural Gas Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Government initiatives promoting the use of compressed natural gas (CNG) as a cleaner and more sustainable fuel option.

4.2.2 Rising environmental awareness and concerns about air pollution, leading to increased demand for cleaner energy sources like CNG.

4.2.3 Cost-effectiveness of using CNG compared to traditional fuels such as gasoline or diesel, especially in the transportation sector.

4.3 Market Restraints

4.3.1 Lack of sufficient infrastructure for CNG distribution and refueling stations.

4.3.2 Initial high investment costs for transitioning to CNG-powered vehicles or setting up CNG infrastructure.

4.3.3 Limited consumer awareness and acceptance of CNG as a viable alternative fuel option.

5 Guatemala Compressed Natural Gas Market Trends

6 Guatemala Compressed Natural Gas Market Segmentations

6.1 Guatemala Compressed Natural Gas Market, By Source

6.1.1 Overview and Analysis

6.1.2 Guatemala Compressed Natural Gas Market Revenues & Volume, By Associated Gas, 2021-2031F

6.1.3 Guatemala Compressed Natural Gas Market Revenues & Volume, By Non Associated Gas, 2021-2031F

6.1.4 Guatemala Compressed Natural Gas Market Revenues & Volume, By Unconventional Sources, 2021-2031F

6.1.9 Guatemala Compressed Natural Gas Market Revenues & Volume, By Distribution Channel, 2021-2031F

6.1.10 Guatemala Compressed Natural Gas Market Revenues & Volume, By Distribution Channel, 2021-2031F

6.2 Guatemala Compressed Natural Gas Market, By End User

6.2.1 Overview and Analysis

6.2.2 Guatemala Compressed Natural Gas Market Revenues & Volume, By Light Duty Vehicles, 2021-2031F

6.2.3 Guatemala Compressed Natural Gas Market Revenues & Volume, By Medium Or Heavy Duty Buses, 2021-2031F

6.2.4 Guatemala Compressed Natural Gas Market Revenues & Volume, By Medium Or Heavy Duty Trucks, 2021-2031F

7 Guatemala Compressed Natural Gas Market Import-Export Trade Statistics

7.1 Guatemala Compressed Natural Gas Market Export to Major Countries

7.2 Guatemala Compressed Natural Gas Market Imports from Major Countries

8 Guatemala Compressed Natural Gas Market Key Performance Indicators

8.1 Number of new CNG refueling stations established in Guatemala.

8.2 Percentage increase in CNG-powered vehicles on the road.

8.3 Average price of CNG compared to traditional fuels like gasoline and diesel.

8.4 Carbon emissions reduction achieved through the use of CNG.

8.5 Government subsidies or incentives provided for the adoption of CNG technology.

9 Guatemala Compressed Natural Gas Market - Opportunity Assessment

9.1 Guatemala Compressed Natural Gas Market Opportunity Assessment, By Source, 2021 & 2031F

9.2 Guatemala Compressed Natural Gas Market Opportunity Assessment, By End User, 2021 & 2031F

10 Guatemala Compressed Natural Gas Market - Competitive Landscape

10.1 Guatemala Compressed Natural Gas Market Revenue Share, By Companies, 2024

10.2 Guatemala Compressed Natural Gas Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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