| Product Code: ETC5044731 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Guyana`s mastic asphalt import market continues to show robust growth, with a remarkable Compound Annual Growth Rate (CAGR) of 33.82% from 2020 to 2024. In 2024, the top exporting countries to Guyana include Suriname, Venezuela, USA, and Trinidad and Tobago. Despite the high Herfindahl-Hirschman Index (HHI) indicating market concentration, the growth rate for 2023-24 stands at an impressive 12.27%. This data suggests a thriving market with strong potential for further expansion and development in the coming years.

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 Mastic Asphalt Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Mastic Asphalt Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Mastic Asphalt Market - Industry Life Cycle |
3.4 Guyana Mastic Asphalt Market - Porter's Five Forces |
3.5 Guyana Mastic Asphalt Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guyana Mastic Asphalt Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guyana Mastic Asphalt Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing infrastructure development projects in Guyana |
4.2.2 Growing demand for sustainable and durable road construction materials |
4.2.3 Government initiatives to improve transportation networks in the country |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Limited awareness and adoption of mastic asphalt technology |
4.3.3 Lack of skilled workforce in the mastic asphalt industry |
5 Guyana Mastic Asphalt Market Trends |
6 Guyana Mastic Asphalt Market Segmentations |
6.1 Guyana Mastic Asphalt Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guyana Mastic Asphalt Market Revenues & Volume, By Roofing, 2021-2031F |
6.1.3 Guyana Mastic Asphalt Market Revenues & Volume, By Flooring, 2021-2031F |
6.2 Guyana Mastic Asphalt Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Guyana Mastic Asphalt Market Revenues & Volume, By Standard Flat Roof, 2021-2031F |
6.2.3 Guyana Mastic Asphalt Market Revenues & Volume, By Green Roof, 2021-2031F |
6.2.4 Guyana Mastic Asphalt Market Revenues & Volume, By Car Parks, 2021-2031F |
6.2.5 Guyana Mastic Asphalt Market Revenues & Volume, By Other Applications, 2021-2031F |
7 Guyana Mastic Asphalt Market Import-Export Trade Statistics |
7.1 Guyana Mastic Asphalt Market Export to Major Countries |
7.2 Guyana Mastic Asphalt Market Imports from Major Countries |
8 Guyana Mastic Asphalt Market Key Performance Indicators |
8.1 Percentage increase in the adoption of mastic asphalt in road construction projects |
8.2 Average lifespan of roads constructed using mastic asphalt |
8.3 Number of training programs conducted to enhance workforce skills in mastic asphalt technology |
8.4 Research and development investment in innovative mastic asphalt products |
8.5 Percentage reduction in maintenance costs for roads using mastic asphalt |
9 Guyana Mastic Asphalt Market - Opportunity Assessment |
9.1 Guyana Mastic Asphalt Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guyana Mastic Asphalt Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guyana Mastic Asphalt Market - Competitive Landscape |
10.1 Guyana Mastic Asphalt Market Revenue Share, By Companies, 2024 |
10.2 Guyana Mastic Asphalt 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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