| Product Code: ETC11443558 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Grenada saw significant import shipments of bio-based adhesives, with top exporting countries including Trinidad and Tobago, USA, Saint Lucia, China, and Canada. The high Herfindahl-Hirschman Index (HHI) concentration indicates a competitive market landscape. The impressive compound annual growth rate (CAGR) of 16.99% from 2020 to 2024 reflects a growing demand for bio-based adhesives in Grenada. Additionally, the growth rate of 4.67% from 2023 to 2024 suggests a continued upward trend in the import of these sustainable adhesive products.
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 Bio-Based Adhesives Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Bio-Based Adhesives Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Bio-Based Adhesives Market - Industry Life Cycle |
3.4 Grenada Bio-Based Adhesives Market - Porter's Five Forces |
3.5 Grenada Bio-Based Adhesives Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Grenada Bio-Based Adhesives Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Bio-Based Adhesives Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Grenada Bio-Based Adhesives Market Revenues & Volume Share, By Composition, 2021 & 2031F |
3.9 Grenada Bio-Based Adhesives Market Revenues & Volume Share, By Environmental Benefit, 2021 & 2031F |
4 Grenada Bio-Based Adhesives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about environmental sustainability and the need for eco-friendly products |
4.2.2 Stringent regulations promoting the use of bio-based adhesives over conventional adhesives |
4.2.3 Growing demand for bio-based products in various industries like packaging, construction, and automotive |
4.3 Market Restraints |
4.3.1 Higher production costs associated with bio-based adhesives compared to conventional adhesives |
4.3.2 Limited availability of raw materials for bio-based adhesives production |
4.3.3 Lack of standardized testing methods for bio-based adhesives affecting their adoption and performance |
5 Grenada Bio-Based Adhesives Market Trends |
6 Grenada Bio-Based Adhesives Market, By Types |
6.1 Grenada Bio-Based Adhesives Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Grenada Bio-Based Adhesives Market Revenues & Volume, By Source, 2021 - 2031F |
6.1.3 Grenada Bio-Based Adhesives Market Revenues & Volume, By Plant-Based, 2021 - 2031F |
6.1.4 Grenada Bio-Based Adhesives Market Revenues & Volume, By Animal-Based, 2021 - 2031F |
6.1.5 Grenada Bio-Based Adhesives Market Revenues & Volume, By Synthetic, 2021 - 2031F |
6.2 Grenada Bio-Based Adhesives Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Bio-Based Adhesives Market Revenues & Volume, By Packaging, 2021 - 2031F |
6.2.3 Grenada Bio-Based Adhesives Market Revenues & Volume, By Construction, 2021 - 2031F |
6.2.4 Grenada Bio-Based Adhesives Market Revenues & Volume, By Furniture, 2021 - 2031F |
6.3 Grenada Bio-Based Adhesives Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Bio-Based Adhesives Market Revenues & Volume, By Consumer Goods, 2021 - 2031F |
6.3.3 Grenada Bio-Based Adhesives Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.4 Grenada Bio-Based Adhesives Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.4 Grenada Bio-Based Adhesives Market, By Composition |
6.4.1 Overview and Analysis |
6.4.2 Grenada Bio-Based Adhesives Market Revenues & Volume, By Polysaccharides, 2021 - 2031F |
6.4.3 Grenada Bio-Based Adhesives Market Revenues & Volume, By Proteins, 2021 - 2031F |
6.4.4 Grenada Bio-Based Adhesives Market Revenues & Volume, By Polymers, 2021 - 2031F |
6.5 Grenada Bio-Based Adhesives Market, By Environmental Benefit |
6.5.1 Overview and Analysis |
6.5.2 Grenada Bio-Based Adhesives Market Revenues & Volume, By Biodegradable, 2021 - 2031F |
6.5.3 Grenada Bio-Based Adhesives Market Revenues & Volume, By Low VOC, 2021 - 2031F |
6.5.4 Grenada Bio-Based Adhesives Market Revenues & Volume, By Non-Toxic, 2021 - 2031F |
7 Grenada Bio-Based Adhesives Market Import-Export Trade Statistics |
7.1 Grenada Bio-Based Adhesives Market Export to Major Countries |
7.2 Grenada Bio-Based Adhesives Market Imports from Major Countries |
8 Grenada Bio-Based Adhesives Market Key Performance Indicators |
8.1 Percentage of bio-based adhesive content in total adhesive consumption |
8.2 Number of new product launches or innovations in the bio-based adhesives market |
8.3 Adoption rate of bio-based adhesives in key industries |
8.4 Environmental impact indicators such as carbon footprint reduction or waste minimization due to the use of bio-based adhesives |
9 Grenada Bio-Based Adhesives Market - Opportunity Assessment |
9.1 Grenada Bio-Based Adhesives Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Grenada Bio-Based Adhesives Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Bio-Based Adhesives Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Grenada Bio-Based Adhesives Market Opportunity Assessment, By Composition, 2021 & 2031F |
9.5 Grenada Bio-Based Adhesives Market Opportunity Assessment, By Environmental Benefit, 2021 & 2031F |
10 Grenada Bio-Based Adhesives Market - Competitive Landscape |
10.1 Grenada Bio-Based Adhesives Market Revenue Share, By Companies, 2024 |
10.2 Grenada Bio-Based Adhesives 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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