| Product Code: ETC5358743 | 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 |
The propylene glycol import market in Guatemala saw continued dominance from top exporters including China, Germany, USA, Taiwan, and South Korea in 2024. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 remained strong at 7.12%. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape, suggesting potential challenges and opportunities for stakeholders in the industry to navigate in the coming years.

The Propylene Glycol market in Guatemala is projected to grow at a growing growth rate of 7.76% 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 Propylene Glycol Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Propylene Glycol Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Propylene Glycol Market - Industry Life Cycle |
3.4 Guatemala Propylene Glycol Market - Porter's Five Forces |
3.5 Guatemala Propylene Glycol Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guatemala Propylene Glycol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for propylene glycol in food and beverage industry for use as a solvent, humectant, and stabilizer. |
4.2.2 Increasing adoption of propylene glycol in pharmaceuticals and personal care products due to its non-toxic nature. |
4.2.3 Rising awareness about the benefits of propylene glycol as a sustainable alternative to traditional chemicals in various applications. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in propylene glycol production impacting overall production costs. |
4.3.2 Stringent government regulations and standards regarding the use of propylene glycol in different industries. |
4.3.3 Competition from alternative products and substitutes affecting market growth. |
5 Guatemala Propylene Glycol Market Trends |
6 Guatemala Propylene Glycol Market Segmentations |
6.1 Guatemala Propylene Glycol Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Propylene Glycol Market Revenues & Volume, By Unsaturated Polyester Resins,? Functional Fluids,? Food, Drug, and Cosmetics,? Liquid Detergent,? Paints and Coating,? Others, 2021-2031F |
7 Guatemala Propylene Glycol Market Import-Export Trade Statistics |
7.1 Guatemala Propylene Glycol Market Export to Major Countries |
7.2 Guatemala Propylene Glycol Market Imports from Major Countries |
8 Guatemala Propylene Glycol Market Key Performance Indicators |
8.1 Adoption rate of propylene glycol in new industries or applications. |
8.2 Investment in research and development for propylene glycol innovations and applications. |
8.3 Sustainability initiatives and certifications related to propylene glycol production and usage. |
9 Guatemala Propylene Glycol Market - Opportunity Assessment |
9.1 Guatemala Propylene Glycol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guatemala Propylene Glycol Market - Competitive Landscape |
10.1 Guatemala Propylene Glycol Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Propylene Glycol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |