| Product Code: ETC7398949 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of passive fire protection materials to Guatemala in 2024 continued to see a significant growth trend, with a high concentration of market share among top exporting countries such as Mexico, Honduras, China, USA, and Chile. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. The compound annual growth rate (CAGR) from 2020 to 2024 was a robust 20.62%, showing sustained expansion in the industry. Additionally, the growth rate from 2023 to 2024 accelerated to 21.69%, reflecting a strong momentum in the market for passive fire protection materials.

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 Passive Fire Protection Materials Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Passive Fire Protection Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Passive Fire Protection Materials Market - Industry Life Cycle |
3.4 Guatemala Passive Fire Protection Materials Market - Porter's Five Forces |
3.5 Guatemala Passive Fire Protection Materials Market Revenues & Volume Share, By Products, 2021 & 2031F |
3.6 Guatemala Passive Fire Protection Materials Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Guatemala Passive Fire Protection Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Stringent government regulations and building codes requiring fire protection materials in Guatemala. |
4.2.2 Increasing awareness about the importance of passive fire protection in reducing property damage and ensuring safety. |
4.2.3 Growth in construction activities and infrastructure development driving the demand for passive fire protection materials. |
4.3 Market Restraints |
4.3.1 High initial costs associated with installing passive fire protection materials may deter some potential buyers. |
4.3.2 Lack of skilled labor for proper installation and maintenance of passive fire protection systems. |
4.3.3 Limited availability of technologically advanced passive fire protection materials in the Guatemalan market. |
5 Guatemala Passive Fire Protection Materials Market Trends |
6 Guatemala Passive Fire Protection Materials Market, By Types |
6.1 Guatemala Passive Fire Protection Materials Market, By Products |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Passive Fire Protection Materials Market Revenues & Volume, By Products, 2021- 2031F |
6.1.3 Guatemala Passive Fire Protection Materials Market Revenues & Volume, By Sealants, 2021- 2031F |
6.1.4 Guatemala Passive Fire Protection Materials Market Revenues & Volume, By Intumescent coatings, 2021- 2031F |
6.1.5 Guatemala Passive Fire Protection Materials Market Revenues & Volume, By Foams & boards, 2021- 2031F |
6.1.6 Guatemala Passive Fire Protection Materials Market Revenues & Volume, By Mortar, 2021- 2031F |
6.1.7 Guatemala Passive Fire Protection Materials Market Revenues & Volume, By Fire Blocks, 2021- 2031F |
6.1.8 Guatemala Passive Fire Protection Materials Market Revenues & Volume, By Cementitious Sprays, 2021- 2031F |
6.2 Guatemala Passive Fire Protection Materials Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Passive Fire Protection Materials Market Revenues & Volume, By Civil, 2021- 2031F |
6.2.3 Guatemala Passive Fire Protection Materials Market Revenues & Volume, By Mechanical & Electrical, 2021- 2031F |
6.2.4 Guatemala Passive Fire Protection Materials Market Revenues & Volume, By Duct, 2021- 2031F |
6.2.5 Guatemala Passive Fire Protection Materials Market Revenues & Volume, By Structural Steel Fireproofing, 2021- 2031F |
6.2.6 Guatemala Passive Fire Protection Materials Market Revenues & Volume, By Cable & Wire Tray Fireproofing, 2021- 2031F |
6.2.7 Guatemala Passive Fire Protection Materials Market Revenues & Volume, By Doors, 2021- 2031F |
6.2.8 Guatemala Passive Fire Protection Materials Market Revenues & Volume, By Glasses, 2021- 2031F |
6.2.9 Guatemala Passive Fire Protection Materials Market Revenues & Volume, By Glasses, 2021- 2031F |
7 Guatemala Passive Fire Protection Materials Market Import-Export Trade Statistics |
7.1 Guatemala Passive Fire Protection Materials Market Export to Major Countries |
7.2 Guatemala Passive Fire Protection Materials Market Imports from Major Countries |
8 Guatemala Passive Fire Protection Materials Market Key Performance Indicators |
8.1 Number of new construction permits issued in Guatemala. |
8.2 Adoption rate of passive fire protection materials in new construction projects. |
8.3 Number of fire incidents reported in buildings without proper passive fire protection measures. |
9 Guatemala Passive Fire Protection Materials Market - Opportunity Assessment |
9.1 Guatemala Passive Fire Protection Materials Market Opportunity Assessment, By Products, 2021 & 2031F |
9.2 Guatemala Passive Fire Protection Materials Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Guatemala Passive Fire Protection Materials Market - Competitive Landscape |
10.1 Guatemala Passive Fire Protection Materials Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Passive Fire Protection Materials 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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