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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Guatemala Construction Materials Market Growth
Construction materials comprise various types including grouts, tiles adhesives, mortar, concrete admixtures, and waterproofing. Various innovations including the development of high-performance composite materials enhance structural strength, durability, and resilience in construction projects.
Moreover, the use of nanomaterials in construction improves material characteristics like strength, durability, and thermal insulation, fostering innovation within the market.
Guatemala's construction sector emerged as notably successful, marked by substantial growth propelled by robust infrastructure projects and investments in high-density and single-family residential developments.
RAccording to ITA, Guatemala's construction industry continued growing in 2023, comprising 4% of the national GDP. The "Guatemala No Se Detiene" Plan, focusing on transport infrastructure, includes 40 government-promoted development projects.
Guatemala Construction Materials Market Report Snapshots
Guatemala Construction Materials Market Size
Guatemala Construction Materials Market Growth
Guatemala Construction Materials Market Trends
Guatemala Construction Materials Market Share
Guatemala Construction Materials Manufacturers
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market was valued at USD 63.74 million in 2023.
The market is projected to grow at a CAGR of 6.6 % between 2024 and 2032.
The revenue generated from the Guatemala construction materials market is expected to reach USD 113.54 million , in 2032.
the market is categorised according to the type, which includes tiles adhesives, grouts, concrete admixtures, mortar, and waterproofing.
The market key players are Sika Guatemala SA, Grupo Cemix., Mapei S.p.A., Protección Anticorrosiva de Cuautitlán, S.A. de C.V. (“PASA”), Euclid - Guatemala S.A., Henkel AG & Co. KGaA, and Mixto Listo, among others.
based on the end-use, the market is divided into residential, commercial, industrial, medical, healthcare, and others.
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