| Product Code: ETC5890457 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continued to see a high concentration of catalytic converter imports from top countries such as the USA, Trinidad and Tobago, UAE, UK, and Japan. The consistent high Herfindahl-Hirschman Index (HHI) indicates the dominance of these exporters in the market. With a strong compound annual growth rate (CAGR) of 6.96% from 2020 to 2024 and an impressive growth rate of 12.42% in 2024 alone, the catalytic converter import market in Grenada is showing promising expansion and demand for these essential automotive components.
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 Catalytic Converter Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Catalytic Converter Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Catalytic Converter Market - Industry Life Cycle |
3.4 Grenada Catalytic Converter Market - Porter's Five Forces |
3.5 Grenada Catalytic Converter Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Catalytic Converter Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Grenada Catalytic Converter Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.8 Grenada Catalytic Converter Market Revenues & Volume Share, By Off-Highway Vehicle Type, 2021 & 2031F |
4 Grenada Catalytic Converter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on reducing vehicle emissions to comply with environmental regulations |
4.2.2 Growing awareness about the importance of air quality and pollution control |
4.2.3 Rising demand for fuel-efficient vehicles leading to higher adoption of catalytic converters |
4.3 Market Restraints |
4.3.1 Fluctuating prices of precious metals used in catalytic converters |
4.3.2 Technological advancements leading to the development of alternative emission control technologies |
4.3.3 Slowdown in the automotive industry affecting the demand for catalytic converters |
5 Grenada Catalytic Converter Market Trends |
6 Grenada Catalytic Converter Market Segmentations |
6.1 Grenada Catalytic Converter Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Catalytic Converter Market Revenues & Volume, By Three-way catalytic converter (TWCC), 2021-2031F |
6.1.3 Grenada Catalytic Converter Market Revenues & Volume, By Four-way catalytic converter (FWCC), 2021-2031F |
6.1.4 Grenada Catalytic Converter Market Revenues & Volume, By Diesel oxidation catalyst (DOC), 2021-2031F |
6.1.5 Grenada Catalytic Converter Market Revenues & Volume, By Selective catalytic reduction (SCR), 2021-2031F |
6.1.6 Grenada Catalytic Converter Market Revenues & Volume, By Lean NOx trap (LNT), 2021-2031F |
6.2 Grenada Catalytic Converter Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Grenada Catalytic Converter Market Revenues & Volume, By Palladium, 2021-2031F |
6.2.3 Grenada Catalytic Converter Market Revenues & Volume, By Platinum, 2021-2031F |
6.2.4 Grenada Catalytic Converter Market Revenues & Volume, By Rhodium, 2021-2031F |
6.2.5 Grenada Catalytic Converter Market Revenues & Volume, By Others, 2021-2031F |
6.3 Grenada Catalytic Converter Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Catalytic Converter Market Revenues & Volume, By Passenger car, 2021-2031F |
6.3.3 Grenada Catalytic Converter Market Revenues & Volume, By Light commercial vehicle, 2021-2031F |
6.3.4 Grenada Catalytic Converter Market Revenues & Volume, By Truck, 2021-2031F |
6.3.5 Grenada Catalytic Converter Market Revenues & Volume, By Bus, 2021-2031F |
6.4 Grenada Catalytic Converter Market, By Off-Highway Vehicle Type |
6.4.1 Overview and Analysis |
6.4.2 Grenada Catalytic Converter Market Revenues & Volume, By Agricultural Tractors, 2021-2031F |
6.4.3 Grenada Catalytic Converter Market Revenues & Volume, By Construction Equipment, 2021-2031F |
6.4.4 Grenada Catalytic Converter Market Revenues & Volume, By Mining Equipment, 2021-2031F |
7 Grenada Catalytic Converter Market Import-Export Trade Statistics |
7.1 Grenada Catalytic Converter Market Export to Major Countries |
7.2 Grenada Catalytic Converter Market Imports from Major Countries |
8 Grenada Catalytic Converter Market Key Performance Indicators |
8.1 Average lifespan of catalytic converters in vehicles |
8.2 Adoption rate of catalytic converters in new vehicle models |
8.3 Percentage of vehicles equipped with catalytic converters passing emission tests |
9 Grenada Catalytic Converter Market - Opportunity Assessment |
9.1 Grenada Catalytic Converter Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Catalytic Converter Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Grenada Catalytic Converter Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.4 Grenada Catalytic Converter Market Opportunity Assessment, By Off-Highway Vehicle Type, 2021 & 2031F |
10 Grenada Catalytic Converter Market - Competitive Landscape |
10.1 Grenada Catalytic Converter Market Revenue Share, By Companies, 2024 |
10.2 Grenada Catalytic Converter 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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