| Product Code: ETC5308736 | 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 |
In 2024, Guyana continued to rely on imports of polystyrene foam, with top exporting countries being China, Trinidad and Tobago, USA, Brazil, and Netherlands. Despite a high concentration with a Herfindahl-Hirschman Index (HHI), the industry experienced a negative compound annual growth rate (CAGR) of -5.67% from 2020 to 2024. Furthermore, the growth rate plummeted by -56.37% from 2023 to 2024, indicating a challenging year for the market. This data suggests a need for a strategic reevaluation of import dynamics and market conditions in Guyana`s polystyrene foam sector.

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 Polystyrene Foam Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Polystyrene Foam Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Polystyrene Foam Market - Industry Life Cycle |
3.4 Guyana Polystyrene Foam Market - Porter's Five Forces |
3.5 Guyana Polystyrene Foam Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Guyana Polystyrene Foam Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Guyana Polystyrene Foam Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for packaging materials in various industries such as food beverage, electronics, and healthcare. |
4.2.2 Increasing construction activities and infrastructure development leading to higher demand for insulation materials like polystyrene foam. |
4.2.3 Rising disposable income and changing lifestyle preferences driving the demand for consumer goods packaged using polystyrene foam. |
4.3 Market Restraints |
4.3.1 Environmental concerns and regulations regarding the use and disposal of polystyrene foam products. |
4.3.2 Fluctuating prices of raw materials used in the manufacturing of polystyrene foam affecting profit margins. |
5 Guyana Polystyrene Foam Market Trends |
6 Guyana Polystyrene Foam Market Segmentations |
6.1 Guyana Polystyrene Foam Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Guyana Polystyrene Foam Market Revenues & Volume, By Expanded Polystyrene Foam, 2021-2031F |
6.1.3 Guyana Polystyrene Foam Market Revenues & Volume, By Extruded Polystyrene Foam, 2021-2031F |
6.2 Guyana Polystyrene Foam Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Guyana Polystyrene Foam Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.3 Guyana Polystyrene Foam Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.4 Guyana Polystyrene Foam Market Revenues & Volume, By Others, 2021-2031F |
7 Guyana Polystyrene Foam Market Import-Export Trade Statistics |
7.1 Guyana Polystyrene Foam Market Export to Major Countries |
7.2 Guyana Polystyrene Foam Market Imports from Major Countries |
8 Guyana Polystyrene Foam Market Key Performance Indicators |
8.1 Recycling rate of polystyrene foam products in Guyana. |
8.2 Adoption rate of eco-friendly alternatives to polystyrene foam in packaging and insulation. |
8.3 Number of new product innovations or technological advancements in the polystyrene foam market in Guyana. |
9 Guyana Polystyrene Foam Market - Opportunity Assessment |
9.1 Guyana Polystyrene Foam Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Guyana Polystyrene Foam Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Guyana Polystyrene Foam Market - Competitive Landscape |
10.1 Guyana Polystyrene Foam Market Revenue Share, By Companies, 2024 |
10.2 Guyana Polystyrene Foam 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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