| Product Code: ETC7398619 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a significant drop in growth rate from 2023 to 2024, Guatemala`s import of oxidized bitumen continued to show a strong overall growth trend with a CAGR of 19.68% from 2020 to 2024. The top exporting countries to Guatemala in 2024 were the USA, Mexico, Honduras, El Salvador, and Italy, indicating a diverse source of imports. However, the high concentration of the Herfindahl-Hirschman Index (HHI) suggests a market dominated by a few key players, potentially impacting competition and pricing dynamics in the industry.

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 Oxidized Bitumen Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Oxidized Bitumen Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Oxidized Bitumen Market - Industry Life Cycle |
3.4 Guatemala Oxidized Bitumen Market - Porter's Five Forces |
3.5 Guatemala Oxidized Bitumen Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Guatemala Oxidized Bitumen Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guatemala Oxidized Bitumen Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government investments in infrastructure projects |
4.2.2 Growing demand for durable and long-lasting road construction materials |
4.2.3 Rise in urbanization and industrialization leading to increased construction activities |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of oxidized bitumen |
4.3.2 Lack of awareness about the benefits of using oxidized bitumen in construction projects |
4.3.3 Environmental concerns related to the use of bitumen and asphalt in construction |
5 Guatemala Oxidized Bitumen Market Trends |
6 Guatemala Oxidized Bitumen Market, By Types |
6.1 Guatemala Oxidized Bitumen Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Oxidized Bitumen Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Guatemala Oxidized Bitumen Market Revenues & Volume, By Grade 95/25, 2021- 2031F |
6.1.4 Guatemala Oxidized Bitumen Market Revenues & Volume, By Grade 85/25, 2021- 2031F |
6.1.5 Guatemala Oxidized Bitumen Market Revenues & Volume, By Grade 90/40, 2021- 2031F |
6.1.6 Guatemala Oxidized Bitumen Market Revenues & Volume, By Grade115/15, 2021- 2031F |
6.1.7 Guatemala Oxidized Bitumen Market Revenues & Volume, By Other, 2021- 2031F |
6.2 Guatemala Oxidized Bitumen Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Oxidized Bitumen Market Revenues & Volume, By Paints, 2021- 2031F |
6.2.3 Guatemala Oxidized Bitumen Market Revenues & Volume, By Cements, 2021- 2031F |
6.2.4 Guatemala Oxidized Bitumen Market Revenues & Volume, By Pipe Coatings, 2021- 2031F |
6.2.5 Guatemala Oxidized Bitumen Market Revenues & Volume, By Metal Primers, 2021- 2031F |
6.2.6 Guatemala Oxidized Bitumen Market Revenues & Volume, By Other, 2021- 2031F |
7 Guatemala Oxidized Bitumen Market Import-Export Trade Statistics |
7.1 Guatemala Oxidized Bitumen Market Export to Major Countries |
7.2 Guatemala Oxidized Bitumen Market Imports from Major Countries |
8 Guatemala Oxidized Bitumen Market Key Performance Indicators |
8.1 Average project lifespan using oxidized bitumen |
8.2 Percentage increase in the use of oxidized bitumen in road construction projects |
8.3 Number of new infrastructure projects utilizing oxidized bitumen |
8.4 Adoption rate of oxidized bitumen technology in the construction industry |
9 Guatemala Oxidized Bitumen Market - Opportunity Assessment |
9.1 Guatemala Oxidized Bitumen Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Guatemala Oxidized Bitumen Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guatemala Oxidized Bitumen Market - Competitive Landscape |
10.1 Guatemala Oxidized Bitumen Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Oxidized Bitumen 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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