| Product Code: ETC7369855 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to see significant import shipments of ethylene acrylic acid (EAA), with key exporting countries including Mexico, USA, Turkey, Dominican Republic, and Trinidad and Tobago. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) for EAA imports from 2020 to 2024 was an impressive 39.12%, with a notable growth rate of 21.02% from 2023 to 2024. These trends suggest a strong demand for EAA in Grenada, signaling opportunities for market expansion and strategic partnerships.
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 Ethylene Acrylic Acid Eaa Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Ethylene Acrylic Acid Eaa Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Ethylene Acrylic Acid Eaa Market - Industry Life Cycle |
3.4 Grenada Ethylene Acrylic Acid Eaa Market - Porter's Five Forces |
3.5 Grenada Ethylene Acrylic Acid Eaa Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Ethylene Acrylic Acid Eaa Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Ethylene Acrylic Acid Eaa Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for ethylene acrylic acid (EAA) in the packaging industry due to its excellent adhesion properties and moisture resistance. |
4.2.2 Increasing use of EAA in automotive applications such as coatings, adhesives, and sealants for enhancing durability and performance. |
4.2.3 Advancements in EAA production technologies leading to improved quality and cost-effectiveness. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices for EAA production, such as ethylene and acrylic acid, impacting overall production costs. |
4.3.2 Intense competition from alternative materials in the market, affecting the market penetration of EAA products. |
4.3.3 Stringent environmental regulations and concerns regarding the use of acrylic acid in EAA production, leading to compliance challenges for manufacturers. |
5 Grenada Ethylene Acrylic Acid Eaa Market Trends |
6 Grenada Ethylene Acrylic Acid Eaa Market, By Types |
6.1 Grenada Ethylene Acrylic Acid Eaa Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Ethylene Acrylic Acid Eaa Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Ethylene Acrylic Acid Eaa Market Revenues & Volume, By Extrusion Grade EAA Copolymer, 2021- 2031F |
6.1.4 Grenada Ethylene Acrylic Acid Eaa Market Revenues & Volume, By Injection Grade EAA Copolymer, 2021- 2031F |
6.2 Grenada Ethylene Acrylic Acid Eaa Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Ethylene Acrylic Acid Eaa Market Revenues & Volume, By Packaging, 2021- 2031F |
6.2.3 Grenada Ethylene Acrylic Acid Eaa Market Revenues & Volume, By Powder Coating, 2021- 2031F |
6.2.4 Grenada Ethylene Acrylic Acid Eaa Market Revenues & Volume, By Hot Melt Adhesive, 2021- 2031F |
6.2.5 Grenada Ethylene Acrylic Acid Eaa Market Revenues & Volume, By Water-based Solvent, 2021- 2031F |
6.2.6 Grenada Ethylene Acrylic Acid Eaa Market Revenues & Volume, By Other, 2021- 2031F |
6.2.7 Grenada Ethylene Acrylic Acid Eaa Market Revenues & Volume, By Other, 2021- 2031F |
7 Grenada Ethylene Acrylic Acid Eaa Market Import-Export Trade Statistics |
7.1 Grenada Ethylene Acrylic Acid Eaa Market Export to Major Countries |
7.2 Grenada Ethylene Acrylic Acid Eaa Market Imports from Major Countries |
8 Grenada Ethylene Acrylic Acid Eaa Market Key Performance Indicators |
8.1 Research and development investment in EAA technology advancements. |
8.2 Adoption rate of EAA products in key end-user industries. |
8.3 Number of patents filed for EAA-related innovations. |
8.4 Percentage of EAA product recalls or quality issues. |
8.5 Sustainability initiatives and certifications in EAA production processes. |
9 Grenada Ethylene Acrylic Acid Eaa Market - Opportunity Assessment |
9.1 Grenada Ethylene Acrylic Acid Eaa Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Ethylene Acrylic Acid Eaa Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Ethylene Acrylic Acid Eaa Market - Competitive Landscape |
10.1 Grenada Ethylene Acrylic Acid Eaa Market Revenue Share, By Companies, 2024 |
10.2 Grenada Ethylene Acrylic Acid Eaa 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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