| Product Code: ETC5521517 | 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 |
Guyana`s bitumen import market saw a significant shift in 2024, with top exporters being Eswatini, India, Barbados, Saint Lucia, and Guatemala. The market concentration remained high, indicating a competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 97.15%, showcasing a rapidly expanding market. However, there was a decline in growth rate from 2023 to 2024 at -18.84%, suggesting a temporary slowdown. Monitoring these trends and understanding the dynamics of key exporting countries will be crucial for stakeholders in the Guyana bitumen import industry.

In the Latin America region, the Bitumen market in Guyana is projected to expand at a exponential growth rate of 38.30% by 2027. The largest economy is Brazil, followed by Mexico, Argentina, Colombia and Chile.

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 Guyana Bitumen Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Bitumen Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Bitumen Market - Industry Life Cycle |
3.4 Guyana Bitumen Market - Porter's Five Forces |
3.5 Guyana Bitumen Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Guyana Bitumen Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guyana Bitumen Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing infrastructure development projects in Guyana requiring bitumen for road construction |
4.2.2 Growing demand for bitumen in the construction industry due to its durability and water-resistant properties |
4.2.3 Government initiatives to improve transportation networks and invest in road infrastructure |
4.3 Market Restraints |
4.3.1 Fluctuating crude oil prices impacting the cost of bitumen production and pricing |
4.3.2 Environmental concerns related to bitumen extraction and its impact on ecosystems |
4.3.3 Lack of awareness about the benefits of using bitumen in construction projects |
5 Guyana Bitumen Market Trends |
6 Guyana Bitumen Market Segmentations |
6.1 Guyana Bitumen Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Guyana Bitumen Market Revenues & Volume, By Paving Grade, 2021-2031F |
6.1.3 Guyana Bitumen Market Revenues & Volume, By Hard Grade, 2021-2031F |
6.1.4 Guyana Bitumen Market Revenues & Volume, By Oxidized Grade, 2021-2031F |
6.1.5 Guyana Bitumen Market Revenues & Volume, By Bitumen Emulsions, 2021-2031F |
6.1.6 Guyana Bitumen Market Revenues & Volume, By Polymer Modified Bitumen, 2021-2031F |
6.1.7 Guyana Bitumen Market Revenues & Volume, By Other, 2021-2031F |
6.2 Guyana Bitumen Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Guyana Bitumen Market Revenues & Volume, By Road Construction, 2021-2031F |
6.2.3 Guyana Bitumen Market Revenues & Volume, By Waterproofing, 2021-2031F |
6.2.4 Guyana Bitumen Market Revenues & Volume, By Adhesives, 2021-2031F |
6.2.5 Guyana Bitumen Market Revenues & Volume, By Other, 2021-2031F |
7 Guyana Bitumen Market Import-Export Trade Statistics |
7.1 Guyana Bitumen Market Export to Major Countries |
7.2 Guyana Bitumen Market Imports from Major Countries |
8 Guyana Bitumen Market Key Performance Indicators |
8.1 Average selling price of bitumen in Guyana |
8.2 Number of road construction projects using bitumen in the country |
8.3 Percentage of bitumen used in infrastructure projects compared to other alternatives |
9 Guyana Bitumen Market - Opportunity Assessment |
9.1 Guyana Bitumen Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Guyana Bitumen Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guyana Bitumen Market - Competitive Landscape |
10.1 Guyana Bitumen Market Revenue Share, By Companies, 2024 |
10.2 Guyana Bitumen Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |