| Product Code: ETC5651058 | 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 continues to rely on tire material imports from a diverse range of countries, with Mexico, Poland, China, Italy, and the USA leading the way in 2024. Despite the high concentration of the Herfindahl-Hirschman Index (HHI), indicating market dominance by a few key players, the compound annual growth rate (CAGR) for the period 2020-2024 stands at a healthy 10.67%. However, there was a slight decline in growth from 2023 to 2024, with a rate of -0.32%, suggesting potential market challenges or shifts in demand dynamics during that period.

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 Tire Material Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Tire Material Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Tire Material Market - Industry Life Cycle |
3.4 Guatemala Tire Material Market - Porter's Five Forces |
3.5 Guatemala Tire Material Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guatemala Tire Material Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Guatemala Tire Material Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing automotive industry in Guatemala leading to increased demand for tire materials |
4.2.2 Rise in government investments in infrastructure projects driving the need for tires and tire materials |
4.2.3 Technological advancements in tire manufacturing processes boosting the demand for innovative tire materials |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production costs of tire materials |
4.3.2 Increasing environmental regulations on tire disposal and recycling posing challenges for tire material manufacturers |
4.3.3 Competition from imported tire materials affecting the market share of local manufacturers |
5 Guatemala Tire Material Market Trends |
6 Guatemala Tire Material Market Segmentations |
6.1 Guatemala Tire Material Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Tire Material Market Revenues & Volume, By Elastomers, 2021-2031F |
6.1.3 Guatemala Tire Material Market Revenues & Volume, By Reinforcing Fillers, 2021-2031F |
6.1.4 Guatemala Tire Material Market Revenues & Volume, By Plasticizers, 2021-2031F |
6.1.5 Guatemala Tire Material Market Revenues & Volume, By Chemicals, 2021-2031F |
6.1.6 Guatemala Tire Material Market Revenues & Volume, By Metal Reinforcements, 2021-2031F |
6.1.7 Guatemala Tire Material Market Revenues & Volume, By Textile Reinforcements, 2021-2031F |
6.2 Guatemala Tire Material Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Tire Material Market Revenues & Volume, By Passenger Cars, 2021-2031F |
6.2.3 Guatemala Tire Material Market Revenues & Volume, By Trucks, 2021-2031F |
6.2.4 Guatemala Tire Material Market Revenues & Volume, By Buses, 2021-2031F |
6.2.5 Guatemala Tire Material Market Revenues & Volume, By LCV, 2021-2031F |
7 Guatemala Tire Material Market Import-Export Trade Statistics |
7.1 Guatemala Tire Material Market Export to Major Countries |
7.2 Guatemala Tire Material Market Imports from Major Countries |
8 Guatemala Tire Material Market Key Performance Indicators |
8.1 Research and development expenditure on sustainable tire material innovations |
8.2 Percentage of tire manufacturers using eco-friendly materials in tire production |
8.3 Adoption rate of advanced tire manufacturing technologies |
8.4 Number of infrastructure projects using locally manufactured tire materials |
8.5 Compliance rate with environmental regulations in tire material production and disposal |
9 Guatemala Tire Material Market - Opportunity Assessment |
9.1 Guatemala Tire Material Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guatemala Tire Material Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Guatemala Tire Material Market - Competitive Landscape |
10.1 Guatemala Tire Material Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Tire Material Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |