| Product Code: ETC13083814 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Grenada`s asphalt additives import market saw significant growth in 2024, with top exporting countries being the USA, Trinidad and Tobago, China, Jamaica, and the UK. The market continues to exhibit high concentration, as indicated by the high HHI. The impressive CAGR of 40.07% from 2020 to 2024 reflects a strong upward trajectory, with a notable growth rate of 24.07% in 2024 alone. This data suggests a thriving market for asphalt additives in Grenada, driven by continued demand and diverse international sourcing.
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 Grenada Asphalt Additives Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Asphalt Additives Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Asphalt Additives Market - Industry Life Cycle |
3.4 Grenada Asphalt Additives Market - Porter's Five Forces |
3.5 Grenada Asphalt Additives Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Asphalt Additives Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.7 Grenada Asphalt Additives Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Asphalt Additives Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Grenada Asphalt Additives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Asphalt Additives Market Trends |
6 Grenada Asphalt Additives Market, By Types |
6.1 Grenada Asphalt Additives Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Asphalt Additives Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Grenada Asphalt Additives Market Revenues & Volume, By Polymer Additives, 2021 - 2031F |
6.1.4 Grenada Asphalt Additives Market Revenues & Volume, By Antioxidants, 2021 - 2031F |
6.1.5 Grenada Asphalt Additives Market Revenues & Volume, By Stabilizers, 2021 - 2031F |
6.2 Grenada Asphalt Additives Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Grenada Asphalt Additives Market Revenues & Volume, By Road Construction, 2021 - 2031F |
6.2.3 Grenada Asphalt Additives Market Revenues & Volume, By Roofing, 2021 - 2031F |
6.2.4 Grenada Asphalt Additives Market Revenues & Volume, By Industrial Use, 2021 - 2031F |
6.3 Grenada Asphalt Additives Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Asphalt Additives Market Revenues & Volume, By Paving, 2021 - 2031F |
6.3.3 Grenada Asphalt Additives Market Revenues & Volume, By Asphalt Production, 2021 - 2031F |
6.3.4 Grenada Asphalt Additives Market Revenues & Volume, By Coatings, 2021 - 2031F |
6.4 Grenada Asphalt Additives Market, By Technology |
6.4.1 Overview and Analysis |
6.4.2 Grenada Asphalt Additives Market Revenues & Volume, By Sustainable Materials, 2021 - 2031F |
6.4.3 Grenada Asphalt Additives Market Revenues & Volume, By Modified Bitumen, 2021 - 2031F |
6.4.4 Grenada Asphalt Additives Market Revenues & Volume, By Nano Additives, 2021 - 2031F |
7 Grenada Asphalt Additives Market Import-Export Trade Statistics |
7.1 Grenada Asphalt Additives Market Export to Major Countries |
7.2 Grenada Asphalt Additives Market Imports from Major Countries |
8 Grenada Asphalt Additives Market Key Performance Indicators |
9 Grenada Asphalt Additives Market - Opportunity Assessment |
9.1 Grenada Asphalt Additives Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Asphalt Additives Market Opportunity Assessment, By End User, 2021 & 2031F |
9.3 Grenada Asphalt Additives Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Asphalt Additives Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Grenada Asphalt Additives Market - Competitive Landscape |
10.1 Grenada Asphalt Additives Market Revenue Share, By Companies, 2024 |
10.2 Grenada Asphalt Additives 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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