| Product Code: ETC4856269 | 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 |
Guatemala`s argon gas import market in 2024 saw prominent suppliers such as Mexico, Trinidad and Tobago, UK, USA, and El Salvador. Despite a high concentration level measured by the Herfindahl-Hirschman Index (HHI), the market experienced a negative Compound Annual Growth Rate (CAGR) of -2.35% from 2020 to 2024. The growth rate for the most recent year, 2023-24, also declined by -0.7%. These figures indicate a challenging landscape for argon gas imports in Guatemala, suggesting potential shifts in market dynamics or external factors impacting the industry.

Guatemala's Argon Gas market is anticipated to experience a growing growth rate of 9.38% by 2027, reflecting trends observed in the largest economy Brazil, followed by Mexico, Argentina, Colombia and Chile.

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 Guatemala Argon Gas Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Argon Gas Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Argon Gas Market - Industry Life Cycle |
3.4 Guatemala Argon Gas Market - Porter's Five Forces |
3.5 Guatemala Argon Gas Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
3.6 Guatemala Argon Gas Market Revenues & Volume Share, By Storage, 2021 & 2031F |
3.7 Guatemala Argon Gas Market Revenues & Volume Share, By Mixture, 2021 & 2031F |
3.8 Guatemala Argon Gas Market Revenues & Volume Share, By Function, 2021 & 2031F |
4 Guatemala Argon Gas Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in industrial manufacturing sector leading to increased demand for argon gas |
4.2.2 Rising preference for argon gas in welding applications due to its superior properties |
4.2.3 Government investments in infrastructure projects driving the demand for argon gas |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production cost of argon gas |
4.3.2 Lack of awareness about the benefits of using argon gas in various industries |
5 Guatemala Argon Gas Market Trends |
6 Guatemala Argon Gas Market Segmentations |
6.1 Guatemala Argon Gas Market, By End-Use Industry |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Argon Gas Market Revenues & Volume, By Metal manufacturing & fabrication, 2021-2031F |
6.1.3 Guatemala Argon Gas Market Revenues & Volume, By Chemicals, 2021-2031F |
6.1.4 Guatemala Argon Gas Market Revenues & Volume, By Energy, 2021-2031F |
6.1.5 Guatemala Argon Gas Market Revenues & Volume, By Healthcare, 2021-2031F |
6.1.6 Guatemala Argon Gas Market Revenues & Volume, By Electronics, 2021-2031F |
6.1.7 Guatemala Argon Gas Market Revenues & Volume, By Food & beverage, 2021-2031F |
6.2 Guatemala Argon Gas Market, By Storage |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Argon Gas Market Revenues & Volume, By Cylinder & packaged gas, 2021-2031F |
6.2.3 Guatemala Argon Gas Market Revenues & Volume, By Merchant liquid/bulk, 2021-2031F |
6.2.4 Guatemala Argon Gas Market Revenues & Volume, By Tonnage, 2021-2031F |
6.3 Guatemala Argon Gas Market, By Mixture |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Argon Gas Market Revenues & Volume, By Argon-carbon dioxide, 2021-2031F |
6.3.3 Guatemala Argon Gas Market Revenues & Volume, By Argon-oxygen, 2021-2031F |
6.3.4 Guatemala Argon Gas Market Revenues & Volume, By Argon-Helium, 2021-2031F |
6.3.5 Guatemala Argon Gas Market Revenues & Volume, By Argon-Hydrogen, 2021-2031F |
6.3.6 Guatemala Argon Gas Market Revenues & Volume, By Others (argon-helium-carbon dioxide mixtures), 2021-2031F |
6.4 Guatemala Argon Gas Market, By Function |
6.4.1 Overview and Analysis |
6.4.2 Guatemala Argon Gas Market Revenues & Volume, By Insulation, 2021-2031F |
6.4.3 Guatemala Argon Gas Market Revenues & Volume, By Illumination, 2021-2031F |
6.4.4 Guatemala Argon Gas Market Revenues & Volume, By Cooling, 2021-2031F |
7 Guatemala Argon Gas Market Import-Export Trade Statistics |
7.1 Guatemala Argon Gas Market Export to Major Countries |
7.2 Guatemala Argon Gas Market Imports from Major Countries |
8 Guatemala Argon Gas Market Key Performance Indicators |
8.1 Percentage increase in the number of industrial manufacturing units using argon gas |
8.2 Growth in the number of welding applications utilizing argon gas |
8.3 Investment in infrastructure projects using argon gas for various applications |
9 Guatemala Argon Gas Market - Opportunity Assessment |
9.1 Guatemala Argon Gas Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
9.2 Guatemala Argon Gas Market Opportunity Assessment, By Storage, 2021 & 2031F |
9.3 Guatemala Argon Gas Market Opportunity Assessment, By Mixture, 2021 & 2031F |
9.4 Guatemala Argon Gas Market Opportunity Assessment, By Function, 2021 & 2031F |
10 Guatemala Argon Gas Market - Competitive Landscape |
10.1 Guatemala Argon Gas Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Argon Gas 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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