| Product Code: ETC5094471 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continued to be a significant importer of chemicals, with the USA, Trinidad and Tobago, China, Jamaica, and the UK leading the way in supplying these goods. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, potentially offering opportunities for market dominance for these top exporting countries. The impressive compound annual growth rate (CAGR) of 38.8% from 2020 to 2024 highlights strong demand for chemicals in Grenada. Moreover, the notable growth rate of 21.38% from 2023 to 2024 suggests a thriving market and potential for further expansion in the coming years.
Grenada's Chemicals market is anticipated to experience a stable growth rate of 2.40% by 2027, reflecting trends observed in the largest economy United States of America, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.

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 Chemicals Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Chemicals Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Chemicals Market - Industry Life Cycle |
3.4 Grenada Chemicals Market - Porter's Five Forces |
3.5 Grenada Chemicals Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Grenada Chemicals Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for specialty chemicals in various industries such as agriculture, healthcare, and manufacturing |
4.2.2 Growing focus on sustainable and eco-friendly chemicals in Grenada |
4.2.3 Government initiatives promoting the use of chemicals for infrastructure development |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting the production cost of chemicals |
4.3.2 Stringent regulations and compliance requirements for chemical manufacturing and distribution |
4.3.3 Competition from imported chemicals affecting the market share of local manufacturers |
5 Grenada Chemicals Market Trends |
6 Grenada Chemicals Market Segmentations |
6.1 Grenada Chemicals Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Chemicals Market Revenues & Volume, By Agrochemicals, 2021-2031F |
6.1.3 Grenada Chemicals Market Revenues & Volume, By Dyes and Pigments, 2021-2031F |
6.1.4 Grenada Chemicals Market Revenues & Volume, By Construction Chemicals, 2021-2031F |
6.1.5 Grenada Chemicals Market Revenues & Volume, By Specialty Polymers, 2021-2031F |
6.1.6 Grenada Chemicals Market Revenues & Volume, By Textile Chemicals, 2021-2031F |
6.1.7 Grenada Chemicals Market Revenues & Volume, By Base Ingredients, 2021-2031F |
6.1.9 Grenada Chemicals Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Grenada Chemicals Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Chemicals Market Import-Export Trade Statistics |
7.1 Grenada Chemicals Market Export to Major Countries |
7.2 Grenada Chemicals Market Imports from Major Countries |
8 Grenada Chemicals Market Key Performance Indicators |
8.1 Research and development investment in new chemical formulations |
8.2 Adoption rate of eco-friendly chemicals in different industries |
8.3 Number of partnerships and collaborations for technology transfer and product development |
9 Grenada Chemicals Market - Opportunity Assessment |
9.1 Grenada Chemicals Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Grenada Chemicals Market - Competitive Landscape |
10.1 Grenada Chemicals Market Revenue Share, By Companies, 2024 |
10.2 Grenada Chemicals Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |