| Product Code: ETC7368930 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a decline in the Compound Annual Growth Rate (CAGR) from 2020 to 2024, the import shipments of drag reducing agents to Grenada continued to be concentrated among top exporting countries such as the USA, Saint Lucia, Trinidad and Tobago, and the Netherlands. The High Herfindahl-Hirschman Index (HHI) indicates a high level of market concentration in 2024. The sharp decline in growth rate from 2023 to 2024 suggests a challenging year for the industry, highlighting potential shifts in market dynamics and demand for drag reducing agents 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 Drag Reducing Agents Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Drag Reducing Agents Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Drag Reducing Agents Market - Industry Life Cycle |
3.4 Grenada Drag Reducing Agents Market - Porter's Five Forces |
3.5 Grenada Drag Reducing Agents Market Revenues & Volume Share, By Drag Reducer Type, 2021 & 2031F |
3.6 Grenada Drag Reducing Agents Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Grenada Drag Reducing Agents Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Grenada Drag Reducing Agents Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Drag Reducing Agents Market Trends |
6 Grenada Drag Reducing Agents Market, By Types |
6.1 Grenada Drag Reducing Agents Market, By Drag Reducer Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Drag Reducing Agents Market Revenues & Volume, By Drag Reducer Type, 2021- 2031F |
6.1.3 Grenada Drag Reducing Agents Market Revenues & Volume, By Polymers, 2021- 2031F |
6.1.4 Grenada Drag Reducing Agents Market Revenues & Volume, By Suspensions, 2021- 2031F |
6.1.5 Grenada Drag Reducing Agents Market Revenues & Volume, By Biological Additives, 2021- 2031F |
6.1.6 Grenada Drag Reducing Agents Market Revenues & Volume, By Surfactants, 2021- 2031F |
6.2 Grenada Drag Reducing Agents Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Grenada Drag Reducing Agents Market Revenues & Volume, By Liquid, 2021- 2031F |
6.2.3 Grenada Drag Reducing Agents Market Revenues & Volume, By Powder, 2021- 2031F |
6.3 Grenada Drag Reducing Agents Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Grenada Drag Reducing Agents Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.3.3 Grenada Drag Reducing Agents Market Revenues & Volume, By Civil Work, 2021- 2031F |
6.3.4 Grenada Drag Reducing Agents Market Revenues & Volume, By Fire Fighting, 2021- 2031F |
6.3.5 Grenada Drag Reducing Agents Market Revenues & Volume, By Marine, 2021- 2031F |
6.3.6 Grenada Drag Reducing Agents Market Revenues & Volume, By Irrigation, 2021- 2031F |
6.3.7 Grenada Drag Reducing Agents Market Revenues & Volume, By Biomedical, 2021- 2031F |
6.3.8 Grenada Drag Reducing Agents Market Revenues & Volume, By Others, 2021- 2031F |
6.3.9 Grenada Drag Reducing Agents Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Drag Reducing Agents Market Import-Export Trade Statistics |
7.1 Grenada Drag Reducing Agents Market Export to Major Countries |
7.2 Grenada Drag Reducing Agents Market Imports from Major Countries |
8 Grenada Drag Reducing Agents Market Key Performance Indicators |
9 Grenada Drag Reducing Agents Market - Opportunity Assessment |
9.1 Grenada Drag Reducing Agents Market Opportunity Assessment, By Drag Reducer Type, 2021 & 2031F |
9.2 Grenada Drag Reducing Agents Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Grenada Drag Reducing Agents Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Grenada Drag Reducing Agents Market - Competitive Landscape |
10.1 Grenada Drag Reducing Agents Market Revenue Share, By Companies, 2024 |
10.2 Grenada Drag Reducing Agents 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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