| Product Code: ETC7372164 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to rely heavily on imports of high performance additives, with top exporters being the Dominican Republic, USA, Trinidad and Tobago, Barbados, and Saint Lucia. The market remained highly concentrated, with the Herfindahl-Hirschman Index (HHI) reflecting this trend. Despite a modest compound annual growth rate (CAGR) of 3.17% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -28.95%. This suggests a challenging year for import shipments of high performance additives in Grenada, highlighting potential shifts in market dynamics.
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 High Performance Additives Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada High Performance Additives Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada High Performance Additives Market - Industry Life Cycle |
3.4 Grenada High Performance Additives Market - Porter's Five Forces |
3.5 Grenada High Performance Additives Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Grenada High Performance Additives Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Grenada High Performance Additives Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Grenada High Performance Additives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-performance additives in the automotive industry for improved fuel efficiency and performance. |
4.2.2 Growing awareness and adoption of environmentally friendly additives in various industries. |
4.2.3 Rising investments in research and development activities to innovate and develop new high-performance additives. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of high-performance additives. |
4.3.2 Stringent regulations and standards related to the use of additives in certain industries. |
4.3.3 Intense competition among key market players leading to pricing pressures. |
5 Grenada High Performance Additives Market Trends |
6 Grenada High Performance Additives Market, By Types |
6.1 Grenada High Performance Additives Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Grenada High Performance Additives Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Grenada High Performance Additives Market Revenues & Volume, By Solvent-Based, 2021- 2031F |
6.1.4 Grenada High Performance Additives Market Revenues & Volume, By Water-Based, 2021- 2031F |
6.1.5 Grenada High Performance Additives Market Revenues & Volume, By Hot-Melt High, 2021- 2031F |
6.1.6 Grenada High Performance Additives Market Revenues & Volume, By Other, 2021- 2031F |
6.2 Grenada High Performance Additives Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada High Performance Additives Market Revenues & Volume, By Plastic Additives, 2021- 2031F |
6.2.3 Grenada High Performance Additives Market Revenues & Volume, By Rubber Additives, 2021- 2031F |
6.2.4 Grenada High Performance Additives Market Revenues & Volume, By Paints and Coatings Additives, 2021- 2031F |
6.2.5 Grenada High Performance Additives Market Revenues & Volume, By Fuel Additives, 2021- 2031F |
6.2.6 Grenada High Performance Additives Market Revenues & Volume, By Ink Additives, 2021- 2031F |
6.2.7 Grenada High Performance Additives Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Grenada High Performance Additives Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Grenada High Performance Additives Market Revenues & Volume, By Transportation, 2021- 2031F |
6.3.3 Grenada High Performance Additives Market Revenues & Volume, By Packaging, 2021- 2031F |
6.3.4 Grenada High Performance Additives Market Revenues & Volume, By Electronics, 2021- 2031F |
6.3.5 Grenada High Performance Additives Market Revenues & Volume, By Construction, 2021- 2031F |
6.3.6 Grenada High Performance Additives Market Revenues & Volume, By Medical, 2021- 2031F |
6.3.7 Grenada High Performance Additives Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada High Performance Additives Market Import-Export Trade Statistics |
7.1 Grenada High Performance Additives Market Export to Major Countries |
7.2 Grenada High Performance Additives Market Imports from Major Countries |
8 Grenada High Performance Additives Market Key Performance Indicators |
8.1 Research and development investment in new additive technologies. |
8.2 Adoption rate of high-performance additives in key industries. |
8.3 Number of partnerships and collaborations for technology advancements in the additive market. |
9 Grenada High Performance Additives Market - Opportunity Assessment |
9.1 Grenada High Performance Additives Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Grenada High Performance Additives Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Grenada High Performance Additives Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Grenada High Performance Additives Market - Competitive Landscape |
10.1 Grenada High Performance Additives Market Revenue Share, By Companies, 2024 |
10.2 Grenada High Performance Additives 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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