| Product Code: ETC5733916 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continued to witness a significant influx of floor adhesive import shipments, with the top exporting countries being Trinidad and Tobago, USA, Saint Lucia, China, and Canada. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 16.99% from 2020 to 2024 demonstrates a robust and sustained growth trend. Additionally, the growth rate of 4.67% from 2023 to 2024 underscores the resilience and expansion of the floor adhesive 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 Floor Adhesive Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Floor Adhesive Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Floor Adhesive Market - Industry Life Cycle |
3.4 Grenada Floor Adhesive Market - Porter's Five Forces |
3.5 Grenada Floor Adhesive Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Floor Adhesive Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Floor Adhesive Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Grenada Floor Adhesive Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and low VOC floor adhesives in construction projects |
4.2.2 Growth in the construction industry, especially in residential and commercial sectors |
4.2.3 Technological advancements leading to improved performance and durability of floor adhesives |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from substitute products like mechanical fasteners and traditional adhesives |
4.3.3 Stringent regulations and standards related to VOC emissions and product safety |
5 Grenada Floor Adhesive Market Trends |
6 Grenada Floor Adhesive Market Segmentations |
6.1 Grenada Floor Adhesive Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Floor Adhesive Market Revenues & Volume, By Epoxy, 2021-2031F |
6.1.3 Grenada Floor Adhesive Market Revenues & Volume, By Urethane, 2021-2031F |
6.1.4 Grenada Floor Adhesive Market Revenues & Volume, By Acrylic, 2021-2031F |
6.1.5 Grenada Floor Adhesive Market Revenues & Volume, By Vinyl, 2021-2031F |
6.2 Grenada Floor Adhesive Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Floor Adhesive Market Revenues & Volume, By Tile & Stone, 2021-2031F |
6.2.3 Grenada Floor Adhesive Market Revenues & Volume, By Carpet, 2021-2031F |
6.2.4 Grenada Floor Adhesive Market Revenues & Volume, By Wood, 2021-2031F |
6.2.5 Grenada Floor Adhesive Market Revenues & Volume, By Laminate, 2021-2031F |
6.3 Grenada Floor Adhesive Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Grenada Floor Adhesive Market Revenues & Volume, By Water-based, 2021-2031F |
6.3.3 Grenada Floor Adhesive Market Revenues & Volume, By Solvent-based , 2021-2031F |
6.3.4 Grenada Floor Adhesive Market Revenues & Volume, By Hot-melt based, 2021-2031F |
7 Grenada Floor Adhesive Market Import-Export Trade Statistics |
7.1 Grenada Floor Adhesive Market Export to Major Countries |
7.2 Grenada Floor Adhesive Market Imports from Major Countries |
8 Grenada Floor Adhesive Market Key Performance Indicators |
8.1 Adoption rate of eco-friendly floor adhesives in the construction industry |
8.2 Number of new construction projects utilizing grenada floor adhesives |
8.3 Customer satisfaction and feedback on the performance and durability of grenada floor adhesives |
9 Grenada Floor Adhesive Market - Opportunity Assessment |
9.1 Grenada Floor Adhesive Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Floor Adhesive Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Floor Adhesive Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Grenada Floor Adhesive Market - Competitive Landscape |
10.1 Grenada Floor Adhesive Market Revenue Share, By Companies, 2024 |
10.2 Grenada Floor Adhesive 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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