Guatemala Construction Materials Market, Report, Growth, Share 2023-2028

El informe del estudio de mercado de Informes de Expertos titulado, ‘El Mercado Materiales de Construcción en Guatemala, Informe y Pronóstico 2023-2028′, ofrece una visión estructurada del mercado, examinando sus diversos segmentos y variables clave como tipo, uso final y las regiones. La investigación recoge un sólido pronóstico de la presencia de factores clave de éxito y limitaciones, sigue a los proveedores bien establecidos y las últimas tendencias de la industria que impactan en el objetivo de crecimiento del mercado global. También evalúa la dinámica del mercado y la relación entre la demanda de los consumidores y el precio del producto, junto con la auditoría de los modelos FODA y de las cinco fuerzas de Porter.

The market study report by Informes de Expertos titled, ‘Guatemala Construction Materials Market 2023-2028’ , gives structured insights into the market, examining its diverse segments and key variables such as type, end uses, and key regions. The research gathers robust forecasting of the presence of key success factors and constraints, tracks well-established vendors, and the latest trends in the industry that impact the growth goal of the overall market. It also assesses the market dynamics, and the relationship between consumer demand and product price, coupled with the audit of SWOT and Porter’s Five Forces models.

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Los aspectos más destacados del informe incluyen:

Visión general del mercado (2018-2028)

• CAGR para el período de pronóstico (2023-2028): 6,6%

El mercado guatemalteco de materiales de construcción alcanzó un valor de 196,48 millones de dólares en 2022 y se espera que crezca a un ritmo moderado en los próximos años y la demanda es impulsada por varios factores, incluyendo, el aumento de la población y la necesidad coexistente de construir y lugares para vivir y trabajar. Además, se espera que la creciente inversión en proyectos de construcción comercial e industrial en Guatemala impulse el crecimiento del mercado objetivo a largo plazo.

En adición, la industria de la construcción en Guatemala está creciendo rápidamente, impulsada por factores como el aumento de la población, la urbanización y el cambio de las preferencias de los consumidores, lo que está ampliando la demanda del mercado de materiales de construcción en la región objetivo. En general, se espera que el mercado objetivo de Guatemala siga creciendo en los próximos años, impulsado por estos y otros factores. También se espera que el mercado se beneficie de la creciente adopción de tecnologías avanzadas, que permiten una mayor personalización y tiradas de producción más cortas.

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Industry Definition and Major Segments

Products or substances used in the construction or renovation of infrastructure, including buildings and structures, are known as construction materials. Natural resources like wood, stone, sand, and clay as well as manufactured goods like steel, cement, bricks, and insulation can be included in this list. Usually, they are selected for their resilience, sturdiness, beauty, and environmental impact.

By type, the target market is segmented into:

• Tile Adhesives
• Grouts
• Waterproofing
• Concrete Additives
• Mortars

Depending on the end use, building materials are used in:

• Residential
• Commercial
• Industrial
• Medical and Healthcare

Market Trends

The transitions in Guatemala’s construction materials industry are brought up by the type of building or structure being created, weather and environmental conditions, and local construction laws and regulations. These all are influencing the choice of building materials and furthermore, the growing construction industry and the growing demand from the end-use segments are also providing a boost to the market. Henceforth, a lot of fascinating modifications to the product and the material have also been done on the part of producers, manufacturers, and builders to better their product launches and revenue generation.

Since construction materials are used extensively in practically residential, commercial, industrial, medical, and sanitary sectors, demand for waterproofing applications in particular is becoming more and more popular. Growth is also being fuelled by evolving biodegradable product advancements within the industry and rising customer environmental consciousness. The construction materials industry in Guatemala is subject to various regulatory requirements, particularly in the construction, residential and sanitary sectors. The need to comply with these regulations is expected to drive demand in the upcoming years.

Key Market Players

The major players in the market are:

• 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

The insights in the market research report provide growth possibilities, socio-political environment factors affecting the market, launches of products, new entrants dominating the market, and the presence of key companies driving the industry.

About Us

Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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