Product Code: ETC4772478 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
The Grenada Coal Tar Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 1.18% in 2025, growth builds up to 2.22% by 2029.
The Coal Tar market in Grenada is projected to grow at a stable growth rate of 1.74% by 2027, highlighting the country's increasing focus on advanced technologies within the North America region, where United States of America holds the dominant position, followed closely by Canada, Trinidad and Tobago, Jamaica and Bahamas, shaping overall regional demand.
The Grenada Coal Tar Market deals with the production and application of coal tar, a byproduct of coal processing used in various industrial applications, including roofing, paving, and waterproofing. The market is driven by the construction and infrastructure sectors. Innovations in coal tar derivatives and their environmental impact management are influencing market growth.
The Coal Tar Market in Grenada is expanding as it remains an important byproduct of coal processing, with applications in industries such as road construction, chemicals, and pharmaceuticals. Coal tar is used in the production of asphalt and roofing materials, as well as in the synthesis of various chemicals. The continued demand for road construction and infrastructure development, along with its use in industrial processes, is driving the growth of the coal tar market in Grenada.
The coal seam gas (CSG) market in Grenada is seeing growth due to the rising demand for natural gas as an alternative energy source. This is driven by the shift from coal to cleaner fuels in various industries. However, challenges include environmental concerns related to extraction methods, land use conflicts, and the high costs associated with drilling and infrastructure development.
The coal tar market in Grenada is relatively limited, as the country does not have significant coal production. However, imported coal tar finds applications in specific industries such as construction, where it is used in roofing materials, sealants, and waterproofing products. Government policies emphasizing sustainable construction practices have influenced the market, with a gradual shift toward environmentally friendly alternatives. Regulations promoting low-emission materials and reducing dependence on imported fossil-based products further shape the dynamics of the coal tar market in Grenada.
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 Coal Tar Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Coal Tar Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Coal Tar Market - Industry Life Cycle |
3.4 Grenada Coal Tar Market - Porter's Five Forces |
3.5 Grenada Coal Tar Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Coal Tar Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Coal Tar Market Revenues & Volume Share, By End-use, 2021 & 2031F |
3.8 Grenada Coal Tar Market Revenues & Volume Share, By Marketing Channel, 2021 & 2031F |
4 Grenada Coal Tar Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Coal Tar Market Trends |
6 Grenada Coal Tar Market Segmentations |
6.1 Grenada Coal Tar Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Coal Tar Market Revenues & Volume, By Low Temperature Coal Tar, 2021-2031F |
6.1.3 Grenada Coal Tar Market Revenues & Volume, By Medium Temperature Coal Tar, 2021-2031F |
6.1.4 Grenada Coal Tar Market Revenues & Volume, By High Temperature Coal Tar, 2021-2031F |
6.2 Grenada Coal Tar Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Coal Tar Market Revenues & Volume, By Coal Tar Pitch, 2021-2031F |
6.2.3 Grenada Coal Tar Market Revenues & Volume, By Carbon Black Oil, 2021-2031F |
6.2.4 Grenada Coal Tar Market Revenues & Volume, By Specialty Oils, 2021-2031F |
6.3 Grenada Coal Tar Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Grenada Coal Tar Market Revenues & Volume, By Aluminum Industry, 2021-2031F |
6.3.3 Grenada Coal Tar Market Revenues & Volume, By Roofing, 2021-2031F |
6.3.4 Grenada Coal Tar Market Revenues & Volume, By Tire Industry, 2021-2031F |
6.3.5 Grenada Coal Tar Market Revenues & Volume, By Paint Industry, 2021-2031F |
6.3.6 Grenada Coal Tar Market Revenues & Volume, By Wood Preservation, 2021-2031F |
6.3.7 Grenada Coal Tar Market Revenues & Volume, By Others, 2021-2031F |
6.4 Grenada Coal Tar Market, By Marketing Channel |
6.4.1 Overview and Analysis |
6.4.2 Grenada Coal Tar Market Revenues & Volume, By Online, 2021-2031F |
6.4.3 Grenada Coal Tar Market Revenues & Volume, By Offline, 2021-2031F |
7 Grenada Coal Tar Market Import-Export Trade Statistics |
7.1 Grenada Coal Tar Market Export to Major Countries |
7.2 Grenada Coal Tar Market Imports from Major Countries |
8 Grenada Coal Tar Market Key Performance Indicators |
9 Grenada Coal Tar Market - Opportunity Assessment |
9.1 Grenada Coal Tar Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Coal Tar Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Coal Tar Market Opportunity Assessment, By End-use, 2021 & 2031F |
9.4 Grenada Coal Tar Market Opportunity Assessment, By Marketing Channel, 2021 & 2031F |
10 Grenada Coal Tar Market - Competitive Landscape |
10.1 Grenada Coal Tar Market Revenue Share, By Companies, 2024 |
10.2 Grenada Coal Tar Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |