| Product Code: ETC7364897 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Grenada`s import shipments of BMI resins in 2024 continued to be dominated by top exporting countries such as the USA, China, Trinidad and Tobago, Areas nes, and Jamaica. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market in 2024. Despite a strong compound annual growth rate (CAGR) of 9.2% from 2020 to 2024, there was a notable decline in the growth rate from 2023 to 2024 at -26.11%. This fluctuation suggests potential shifts in market dynamics that importers and stakeholders should monitor closely.
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 BMI Resins Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada BMI Resins Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada BMI Resins Market - Industry Life Cycle |
3.4 Grenada BMI Resins Market - Porter's Five Forces |
3.5 Grenada BMI Resins Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada BMI Resins Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada BMI Resins Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Grenada BMI Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight materials in automotive and aerospace industries |
4.2.2 Growing focus on sustainable and eco-friendly products |
4.2.3 Rise in construction activities and infrastructure development in Grenada |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Competition from alternative materials such as epoxy resins |
4.3.3 Regulatory challenges and compliance requirements |
5 Grenada BMI Resins Market Trends |
6 Grenada BMI Resins Market, By Types |
6.1 Grenada BMI Resins Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada BMI Resins Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada BMI Resins Market Revenues & Volume, By Powder, 2021- 2031F |
6.1.4 Grenada BMI Resins Market Revenues & Volume, By Solution, 2021- 2031F |
6.2 Grenada BMI Resins Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada BMI Resins Market Revenues & Volume, By Composites, 2021- 2031F |
6.2.3 Grenada BMI Resins Market Revenues & Volume, By Adhesives, 2021- 2031F |
6.2.4 Grenada BMI Resins Market Revenues & Volume, By Molding, 2021- 2031F |
6.2.5 Grenada BMI Resins Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Grenada BMI Resins Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Grenada BMI Resins Market Revenues & Volume, By Aerospace, 2021- 2031F |
6.3.3 Grenada BMI Resins Market Revenues & Volume, By Defense, 2021- 2031F |
6.3.4 Grenada BMI Resins Market Revenues & Volume, By Electronics, 2021- 2031F |
6.3.5 Grenada BMI Resins Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada BMI Resins Market Import-Export Trade Statistics |
7.1 Grenada BMI Resins Market Export to Major Countries |
7.2 Grenada BMI Resins Market Imports from Major Countries |
8 Grenada BMI Resins Market Key Performance Indicators |
8.1 Research and development investment in bio-based resins technology |
8.2 Number of partnerships and collaborations for market expansion |
8.3 Adoption rate of Grenada BMI resins in key end-use industries |
8.4 Percentage of repeat customers indicating product satisfaction |
8.5 Rate of new product introductions and innovations in the Grenada BMI resins market |
9 Grenada BMI Resins Market - Opportunity Assessment |
9.1 Grenada BMI Resins Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada BMI Resins Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada BMI Resins Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Grenada BMI Resins Market - Competitive Landscape |
10.1 Grenada BMI Resins Market Revenue Share, By Companies, 2024 |
10.2 Grenada BMI Resins 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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