Guatemala Construction Materials Market Report and Forecast 2023-2028
Guatemala Construction Materials Market Report and Forecast 2023-2028
Abstract
Guatemala Construction Materials Market Report and Forecast 2023-2028
Market Outlook
According to the report by Expert Market Research (EMR), the Guatemala construction materials market attained a value of USD 61.18 million in 2022. Aided by the increasing real estate investments in the country, the market is projected to further grow at a CAGR of 6.6% between 2023 and 2028.
Construction materials are tools, supplies, and parts that are used in building and construction activities. Several naturally occurring substances including wood, clay, rocks, and sand, among others are used for construction and building purposes. Many man-made substances are also used for construction purposes and aid in providing stability to building structures. Construction components along with construction materials are used for completion of renovation and construction activities. Increasing construction activities have positively impacted the growth of the Guatemala construction materials market.
Typically, construction materials are used for building several structures such as houses, buildings, towers, and bridges, among others. They aid in improving the durability and stability of the structure as well as extending its lifespan. Other applications of construction materials include providing flooring and roofing along with helping in waterproofing structures so that they are not easily damaged due to rainfall and other acts of nature.
Rapid urbanisation is the country is a major driver in the construction materials market in Guatemala as it is propelling the demand for construction and infrastructural development activities. Additionally, rising government investments towards the development of large scale infrastructure and housing projects is further driving the growth of the market for construction materials in Guatemala. The aim behind large scale infrastructural development is to boost the growth of the manufacturing sector so as to fuel the economic growth in the country.
Migration of rural population to urban cities for better employment opportunities has accelerated the requirements for better housing facilities as well as road and other infrastructural developments in the major cities. Increasing population is another major driver in the Guatemala construction materials market as it has escalated the demand for healthcare infrastructure, parks, schools, and educational institutes, among others, in the urban and rural regions of the country. Increasing development of smart cities in Guatemala has further driven the growth of the market for construction materials as it has resulted in redevelopment of several areas with updated facilities.
Market Segmentation
The market can be divided on the basis of type and end use.
Market Breakup by Type
•Tiles Adhesives
•Grouts
•Concrete Admixtures
•Mortar
•Waterproofing
Market Segmentation by End Use
•Residential
•Commercial
•Industrial
•Medical and Healthcare
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the Guatemala construction materials market companies. Some of the major key players explored in the report by Expert Market Research are as follows:
•Euclid - Guatemala S.A.
•Sika Guatemala SA
•Protección Anticorrosiva de Cuautitlán, S.A. de C.V. (“PASA”)
•Henkel AG & Co. KGaA
•Mixto Listo
•Grupo Cemix
•Mapei S.p.A.
•Others
Content
Table of Contents
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Central America Construction Materials Market Overview
8.1 Key Industry Highlights
8.2 Central America Construction Materials Historical Market (2018-2022)
8.3 Central America Construction Materials Market Forecast (2023-2028)
9 Guatemala Construction Materials Market Analysis
9.1 Key Industry Highlights
9.2 Guatemala Construction Materials Historical Market (2018-2022)
9.3 Guatemala Construction Materials Market Forecast (2023-2028)
10 Guatemala Construction Materials Market by Type
10.1 Tiles Adhesives
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Grouts
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 Concrete Admixtures
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Mortar
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Waterproofing
10.5.1 Market Share
10.5.2 Historical Trend (2018-2022)
10.5.3 Forecast Trend (2023-2028)
11 Guatemala Construction Materials Market by End Use
11.1 Residential
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Commercial
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 Industrial
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 Medical and Healthcare
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyers Powers
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Euclid - Guatemala S.A.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Sika Guatemala SA
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Protección Anticorrosiva de Cuautitlán, S.A. de C.V. (“PASA”)
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Henkel AG & Co. KGaA
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Mixto Listo
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Grupo Cemix
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Mapei S.p.A.
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Others
15 Key Trends and Developments in the Market
Market Outlook
According to the report by Expert Market Research (EMR), the Guatemala construction materials market attained a value of USD 61.18 million in 2022. Aided by the increasing real estate investments in the country, the market is projected to further grow at a CAGR of 6.6% between 2023 and 2028.
Construction materials are tools, supplies, and parts that are used in building and construction activities. Several naturally occurring substances including wood, clay, rocks, and sand, among others are used for construction and building purposes. Many man-made substances are also used for construction purposes and aid in providing stability to building structures. Construction components along with construction materials are used for completion of renovation and construction activities. Increasing construction activities have positively impacted the growth of the Guatemala construction materials market.
Typically, construction materials are used for building several structures such as houses, buildings, towers, and bridges, among others. They aid in improving the durability and stability of the structure as well as extending its lifespan. Other applications of construction materials include providing flooring and roofing along with helping in waterproofing structures so that they are not easily damaged due to rainfall and other acts of nature.
Rapid urbanisation is the country is a major driver in the construction materials market in Guatemala as it is propelling the demand for construction and infrastructural development activities. Additionally, rising government investments towards the development of large scale infrastructure and housing projects is further driving the growth of the market for construction materials in Guatemala. The aim behind large scale infrastructural development is to boost the growth of the manufacturing sector so as to fuel the economic growth in the country.
Migration of rural population to urban cities for better employment opportunities has accelerated the requirements for better housing facilities as well as road and other infrastructural developments in the major cities. Increasing population is another major driver in the Guatemala construction materials market as it has escalated the demand for healthcare infrastructure, parks, schools, and educational institutes, among others, in the urban and rural regions of the country. Increasing development of smart cities in Guatemala has further driven the growth of the market for construction materials as it has resulted in redevelopment of several areas with updated facilities.
Market Segmentation
The market can be divided on the basis of type and end use.
Market Breakup by Type
•Tiles Adhesives
•Grouts
•Concrete Admixtures
•Mortar
•Waterproofing
Market Segmentation by End Use
•Residential
•Commercial
•Industrial
•Medical and Healthcare
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the Guatemala construction materials market companies. Some of the major key players explored in the report by Expert Market Research are as follows:
•Euclid - Guatemala S.A.
•Sika Guatemala SA
•Protección Anticorrosiva de Cuautitlán, S.A. de C.V. (“PASA”)
•Henkel AG & Co. KGaA
•Mixto Listo
•Grupo Cemix
•Mapei S.p.A.
•Others
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Central America Construction Materials Market Overview
8.1 Key Industry Highlights
8.2 Central America Construction Materials Historical Market (2018-2022)
8.3 Central America Construction Materials Market Forecast (2023-2028)
9 Guatemala Construction Materials Market Analysis
9.1 Key Industry Highlights
9.2 Guatemala Construction Materials Historical Market (2018-2022)
9.3 Guatemala Construction Materials Market Forecast (2023-2028)
10 Guatemala Construction Materials Market by Type
10.1 Tiles Adhesives
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Grouts
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 Concrete Admixtures
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Mortar
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Waterproofing
10.5.1 Market Share
10.5.2 Historical Trend (2018-2022)
10.5.3 Forecast Trend (2023-2028)
11 Guatemala Construction Materials Market by End Use
11.1 Residential
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Commercial
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 Industrial
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 Medical and Healthcare
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyers Powers
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Euclid - Guatemala S.A.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Sika Guatemala SA
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Protección Anticorrosiva de Cuautitlán, S.A. de C.V. (“PASA”)
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Henkel AG & Co. KGaA
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Mixto Listo
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Grupo Cemix
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Mapei S.p.A.
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Others
15 Key Trends and Developments in the Market
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