| Product Code: ETC7372189 | 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 heavily rely on high purity gas imports, with significant shipments coming from Trinidad and Tobago, USA, Areas, nes, Puerto Rico, and Metropolitan France. The market saw a very high concentration level, indicating limited diversification among suppliers. The Compound Annual Growth Rate (CAGR) between 2020-2024 stood at a healthy 5.49%, with a notable growth spike of 21.87% from 2023 to 2024. This suggests a growing demand for high purity gas in Grenada, potentially driven by industrial and technological advancements in the region.
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 Purity Gas Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada High Purity Gas Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada High Purity Gas Market - Industry Life Cycle |
3.4 Grenada High Purity Gas Market - Porter's Five Forces |
3.5 Grenada High Purity Gas Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada High Purity Gas Market Revenues & Volume Share, By Storage and Distribution and Transportation, 2021 & 2031F |
3.7 Grenada High Purity Gas Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
3.8 Grenada High Purity Gas Market Revenues & Volume Share, By Function, 2021 & 2031F |
4 Grenada High Purity Gas Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high purity gases in industries such as semiconductor, healthcare, and electronics |
4.2.2 Technological advancements leading to higher efficiency and purity levels in gas production |
4.2.3 Growing investments in research and development activities driving innovation in high purity gas applications |
4.3 Market Restraints |
4.3.1 High cost associated with the production and purification of high purity gases |
4.3.2 Stringent regulations and compliance standards for handling and storage of high purity gases |
4.3.3 Fluctuations in raw material prices impacting the overall production costs |
5 Grenada High Purity Gas Market Trends |
6 Grenada High Purity Gas Market, By Types |
6.1 Grenada High Purity Gas Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada High Purity Gas Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Grenada High Purity Gas Market Revenues & Volume, By High Atmospheric Gases, 2021- 2031F |
6.1.4 Grenada High Purity Gas Market Revenues & Volume, By Noble Gases, 2021- 2031F |
6.1.5 Grenada High Purity Gas Market Revenues & Volume, By Carbon Gas, 2021- 2031F |
6.1.6 Grenada High Purity Gas Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada High Purity Gas Market, By Storage and Distribution and Transportation |
6.2.1 Overview and Analysis |
6.2.2 Grenada High Purity Gas Market Revenues & Volume, By Cylinders/Packaged Gas, 2021- 2031F |
6.2.3 Grenada High Purity Gas Market Revenues & Volume, By Merchant Liquid, 2021- 2031F |
6.2.4 Grenada High Purity Gas Market Revenues & Volume, By Tonnage, 2021- 2031F |
6.3 Grenada High Purity Gas Market, By Manufacturing Process |
6.3.1 Overview and Analysis |
6.3.2 Grenada High Purity Gas Market Revenues & Volume, By Air Separation Technology, 2021- 2031F |
6.3.3 Grenada High Purity Gas Market Revenues & Volume, By Hydrogen Production, 2021- 2031F |
6.4 Grenada High Purity Gas Market, By Function |
6.4.1 Overview and Analysis |
6.4.2 Grenada High Purity Gas Market Revenues & Volume, By Insulation, 2021- 2031F |
6.4.3 Grenada High Purity Gas Market Revenues & Volume, By Illumination, 2021- 2031F |
6.4.4 Grenada High Purity Gas Market Revenues & Volume, By Coolant, 2021- 2031F |
7 Grenada High Purity Gas Market Import-Export Trade Statistics |
7.1 Grenada High Purity Gas Market Export to Major Countries |
7.2 Grenada High Purity Gas Market Imports from Major Countries |
8 Grenada High Purity Gas Market Key Performance Indicators |
8.1 Average purity levels of high purity gases produced |
8.2 Number of new applications or industries adopting the use of high purity gases |
8.3 Rate of adoption of new purification technologies in high purity gas production |
9 Grenada High Purity Gas Market - Opportunity Assessment |
9.1 Grenada High Purity Gas Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada High Purity Gas Market Opportunity Assessment, By Storage and Distribution and Transportation, 2021 & 2031F |
9.3 Grenada High Purity Gas Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
9.4 Grenada High Purity Gas Market Opportunity Assessment, By Function, 2021 & 2031F |
10 Grenada High Purity Gas Market - Competitive Landscape |
10.1 Grenada High Purity Gas Market Revenue Share, By Companies, 2024 |
10.2 Grenada High Purity Gas 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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