| Product Code: ETC5372441 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The plastics materials and resins market in Grenada is driven by demand across various industries such as packaging, automotive, and consumer goods. This market includes the production of raw plastic materials like polyethylene, polypropylene, and PVC, which are essential for manufacturing a wide range of products.
The plastics materials and resins market in Grenada is driven by the increasing demand for versatile and cost-effective materials in industries such as packaging, automotive, and construction. As industries seek lightweight, durable, and recyclable alternatives to traditional materials, plastics and resins are increasingly being adopted. The ongoing development of biodegradable and sustainable plastics also supports market growth.
The Grenada Plastics Materials and Resins market faces challenges related to the high cost of importing raw materials, which drives up production costs for local manufacturers. Additionally, the market struggles with limited production capacity and infrastructure, making it difficult for businesses to meet the demands of the growing plastic products market. The lack of specialized knowledge and expertise in resin manufacturing also limits the development of high-performance resins needed for specific applications. Environmental concerns regarding plastic waste further complicate the market, as consumers and businesses increasingly seek sustainable alternatives to conventional plastic materials.
The Plastics Materials and Resins market in Grenada is growing as demand for various types of plastic resins rises across industries such as packaging, automotive, and electronics. Plastics and resins are crucial in manufacturing lightweight, durable, and versatile products. With the expanding industrial base in Grenada, the market for plastic materials and resins is expected to expand, driven by both domestic consumption and exports.
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 Plastics Materials and Resins Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Plastics Materials and Resins Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Plastics Materials and Resins Market - Industry Life Cycle |
3.4 Grenada Plastics Materials and Resins Market - Porter's Five Forces |
3.5 Grenada Plastics Materials and Resins Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Plastics Materials and Resins Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Grenada Plastics Materials and Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable plastic materials |
4.2.2 Growing investments in research and development for innovative plastic materials |
4.2.3 Expanding applications of plastics in various industries such as automotive, packaging, and construction |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as crude oil affecting production costs |
4.3.2 Stringent regulations on plastic use and waste management practices |
4.3.3 Competition from alternative materials like biodegradable plastics and substitutes |
5 Grenada Plastics Materials and Resins Market Trends |
6 Grenada Plastics Materials and Resins Market Segmentations |
6.1 Grenada Plastics Materials and Resins Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Plastics Materials and Resins Market Revenues & Volume, By Polypropylene (PP), 2021-2031F |
6.1.3 Grenada Plastics Materials and Resins Market Revenues & Volume, By High-density polyethylene (PE-HD), 2021-2031F |
6.1.4 Grenada Plastics Materials and Resins Market Revenues & Volume, By Polyvinyl chloride (PVC), 2021-2031F |
6.1.5 Grenada Plastics Materials and Resins Market Revenues & Volume, By Polyethylene terephthalate (PET), 2021-2031F |
6.2 Grenada Plastics Materials and Resins Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Grenada Plastics Materials and Resins Market Revenues & Volume, By Chemical Industry, 2021-2031F |
6.2.3 Grenada Plastics Materials and Resins Market Revenues & Volume, By Coating & Printing Industry, 2021-2031F |
6.2.4 Grenada Plastics Materials and Resins Market Revenues & Volume, By Electronics Industry, 2021-2031F |
6.2.5 Grenada Plastics Materials and Resins Market Revenues & Volume, By Food & Pharmaceutical Industry, 2021-2031F |
6.2.6 Grenada Plastics Materials and Resins Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Plastics Materials and Resins Market Import-Export Trade Statistics |
7.1 Grenada Plastics Materials and Resins Market Export to Major Countries |
7.2 Grenada Plastics Materials and Resins Market Imports from Major Countries |
8 Grenada Plastics Materials and Resins Market Key Performance Indicators |
8.1 Percentage of recycled content in plastic materials used |
8.2 Number of patents filed for new plastic material innovations |
8.3 Percentage of revenue allocated to sustainability initiatives |
8.4 Research and development expenditure as a percentage of total revenue |
8.5 Customer satisfaction index related to product quality and performance |
9 Grenada Plastics Materials and Resins Market - Opportunity Assessment |
9.1 Grenada Plastics Materials and Resins Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Plastics Materials and Resins Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Grenada Plastics Materials and Resins Market - Competitive Landscape |
10.1 Grenada Plastics Materials and Resins Market Revenue Share, By Companies, 2024 |
10.2 Grenada Plastics Materials and Resins 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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