| Product Code: ETC10522726 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The construction lubricant import shipments to Grenada in 2024 were primarily sourced from the USA, Saint Lucia, Trinidad and Tobago, Netherlands, and Lithuania. Despite a high concentration with a high Herfindahl-Hirschman Index (HHI), the market experienced a negative compound annual growth rate (CAGR) of -10.18% from 2020 to 2024. The growth rate further declined by -15.08% from 2023 to 2024, indicating a challenging market environment for construction lubricant imports 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 Construction Lubricant Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Construction Lubricant Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Construction Lubricant Market - Industry Life Cycle |
3.4 Grenada Construction Lubricant Market - Porter's Five Forces |
3.5 Grenada Construction Lubricant Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Construction Lubricant Market Revenues & Volume Share, By Base Oil Type, 2021 & 2031F |
3.7 Grenada Construction Lubricant Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Construction Lubricant Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Construction Lubricant Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities in Grenada |
4.2.2 Growth in infrastructure development projects |
4.2.3 Adoption of advanced construction equipment requiring lubricants |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Environmental regulations impacting product formulations |
4.3.3 Competition from alternative lubricant products |
5 Grenada Construction Lubricant Market Trends |
6 Grenada Construction Lubricant Market, By Types |
6.1 Grenada Construction Lubricant Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Construction Lubricant Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Grenada Construction Lubricant Market Revenues & Volume, By Hydraulic Oils, 2021 - 2031F |
6.1.4 Grenada Construction Lubricant Market Revenues & Volume, By Engine Oils, 2021 - 2031F |
6.1.5 Grenada Construction Lubricant Market Revenues & Volume, By Greases, 2021 - 2031F |
6.1.6 Grenada Construction Lubricant Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Grenada Construction Lubricant Market, By Base Oil Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Construction Lubricant Market Revenues & Volume, By Mineral Oil, 2021 - 2031F |
6.2.3 Grenada Construction Lubricant Market Revenues & Volume, By Synthetic, 2021 - 2031F |
6.2.4 Grenada Construction Lubricant Market Revenues & Volume, By Bio-Based, 2021 - 2031F |
6.2.5 Grenada Construction Lubricant Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Grenada Construction Lubricant Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Construction Lubricant Market Revenues & Volume, By Excavators, 2021 - 2031F |
6.3.3 Grenada Construction Lubricant Market Revenues & Volume, By Bulldozers, 2021 - 2031F |
6.3.4 Grenada Construction Lubricant Market Revenues & Volume, By Cranes, 2021 - 2031F |
6.3.5 Grenada Construction Lubricant Market Revenues & Volume, By General Use, 2021 - 2031F |
6.4 Grenada Construction Lubricant Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Grenada Construction Lubricant Market Revenues & Volume, By Construction Companies, 2021 - 2031F |
6.4.3 Grenada Construction Lubricant Market Revenues & Volume, By Equipment Manufacturers, 2021 - 2031F |
6.4.4 Grenada Construction Lubricant Market Revenues & Volume, By Contractors, 2021 - 2031F |
6.4.5 Grenada Construction Lubricant Market Revenues & Volume, By Others, 2021 - 2031F |
7 Grenada Construction Lubricant Market Import-Export Trade Statistics |
7.1 Grenada Construction Lubricant Market Export to Major Countries |
7.2 Grenada Construction Lubricant Market Imports from Major Countries |
8 Grenada Construction Lubricant Market Key Performance Indicators |
8.1 Number of construction projects initiated in Grenada |
8.2 Adoption rate of advanced construction equipment |
8.3 Investment in research and development for innovative lubricant products |
9 Grenada Construction Lubricant Market - Opportunity Assessment |
9.1 Grenada Construction Lubricant Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Construction Lubricant Market Opportunity Assessment, By Base Oil Type, 2021 & 2031F |
9.3 Grenada Construction Lubricant Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Construction Lubricant Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Construction Lubricant Market - Competitive Landscape |
10.1 Grenada Construction Lubricant Market Revenue Share, By Companies, 2024 |
10.2 Grenada Construction Lubricant 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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