| Product Code: ETC4705446 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continues to see significant import shipments of Methyl Ethyl Ketone (MEK) with the top exporting countries being the USA and Trinidad and Tobago. The Herfindahl-Hirschman Index (HHI) indicates a high concentration of import sources. The compound annual growth rate (CAGR) from 2020 to 2024 stands at an impressive 14.78%, demonstrating sustained demand. Furthermore, the growth rate from 2023 to 2024 spiked to 17.53%, reflecting a strong upward trend in MEK imports to Grenada. This data suggests a robust market for MEK in Grenada with a promising outlook for the future.
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 Methyl Ethyl Ketone (MEK) Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Methyl Ethyl Ketone (MEK) Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Methyl Ethyl Ketone (MEK) Market - Industry Life Cycle |
3.4 Grenada Methyl Ethyl Ketone (MEK) Market - Porter's Five Forces |
3.5 Grenada Methyl Ethyl Ketone (MEK) Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Methyl Ethyl Ketone (MEK) Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Methyl Ethyl Ketone (MEK) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for Methyl Ethyl Ketone (MEK) in various industrial applications such as paints, coatings, adhesives, and printing inks. |
4.2.2 Increasing adoption of MEK as a solvent due to its properties such as high solvency, low viscosity, and low density. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of MEK, such as butane and acetone. |
4.3.2 Stringent regulations and environmental concerns regarding the use and disposal of MEK. |
5 Grenada Methyl Ethyl Ketone (MEK) Market Trends |
6 Grenada Methyl Ethyl Ketone (MEK) Market Segmentations |
6.1 Grenada Methyl Ethyl Ketone (MEK) Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Methyl Ethyl Ketone (MEK) Market Revenues & Volume, By General Grade, 2021-2031F |
6.1.3 Grenada Methyl Ethyl Ketone (MEK) Market Revenues & Volume, By Ammonia Ester Grade, 2021-2031F |
6.1.4 Grenada Methyl Ethyl Ketone (MEK) Market Revenues & Volume, By Other, 2021-2031F |
6.2 Grenada Methyl Ethyl Ketone (MEK) Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Methyl Ethyl Ketone (MEK) Market Revenues & Volume, By Coatings, 2021-2031F |
6.2.3 Grenada Methyl Ethyl Ketone (MEK) Market Revenues & Volume, By Adhesives, 2021-2031F |
6.2.4 Grenada Methyl Ethyl Ketone (MEK) Market Revenues & Volume, By Inks, 2021-2031F |
6.2.5 Grenada Methyl Ethyl Ketone (MEK) Market Revenues & Volume, By Chemical Intermediates, 2021-2031F |
6.2.6 Grenada Methyl Ethyl Ketone (MEK) Market Revenues & Volume, By Lubricants, 2021-2031F |
6.2.7 Grenada Methyl Ethyl Ketone (MEK) Market Revenues & Volume, By Other, 2021-2031F |
7 Grenada Methyl Ethyl Ketone (MEK) Market Import-Export Trade Statistics |
7.1 Grenada Methyl Ethyl Ketone (MEK) Market Export to Major Countries |
7.2 Grenada Methyl Ethyl Ketone (MEK) Market Imports from Major Countries |
8 Grenada Methyl Ethyl Ketone (MEK) Market Key Performance Indicators |
8.1 Percentage increase in the number of MEK applications across industries. |
8.2 Growth in research and development investments focused on MEK-based products. |
8.3 Expansion of MEK manufacturing capacity in Grenada. |
8.4 Adoption rate of eco-friendly production processes for MEK in the market. |
8.5 Percentage increase in the use of MEK in new emerging markets. |
9 Grenada Methyl Ethyl Ketone (MEK) Market - Opportunity Assessment |
9.1 Grenada Methyl Ethyl Ketone (MEK) Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Methyl Ethyl Ketone (MEK) Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Methyl Ethyl Ketone (MEK) Market - Competitive Landscape |
10.1 Grenada Methyl Ethyl Ketone (MEK) Market Revenue Share, By Companies, 2024 |
10.2 Grenada Methyl Ethyl Ketone (MEK) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |