| Product Code: ETC5516062 | 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 |
Grenada`s polymer import market in 2024 continued to be dominated by the USA, UK, Trinidad and Tobago, and other regions. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. Despite the impressive compound annual growth rate (CAGR) of 51.68% from 2020 to 2024, the sharp decline in growth rate from 2023 to 2024 at -61.16% raises concerns. It will be crucial for market players to closely monitor and adapt to these shifting dynamics to sustain growth and competitiveness in the coming years.
By 2027, Grenada's Polymers market is forecasted to achieve a stable growth rate of 1.90%, with United States of America leading the North America region, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.

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 Polymers Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Polymers Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Polymers Market - Industry Life Cycle |
3.4 Grenada Polymers Market - Porter's Five Forces |
3.5 Grenada Polymers Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Polymers Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Grenada Polymers Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Polymers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable materials |
4.2.2 Growth in end-use industries such as packaging, automotive, and construction |
4.2.3 Technological advancements in polymer production processes |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Stringent environmental regulations regarding plastic usage |
4.3.3 Competition from alternative materials such as bio-based polymers |
5 Grenada Polymers Market Trends |
6 Grenada Polymers Market Segmentations |
6.1 Grenada Polymers Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Polymers Market Revenues & Volume, By Thermoplastics, 2021-2031F |
6.1.3 Grenada Polymers Market Revenues & Volume, By Thermosets, 2021-2031F |
6.1.4 Grenada Polymers Market Revenues & Volume, By Elastomers, 2021-2031F |
6.2 Grenada Polymers Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Grenada Polymers Market Revenues & Volume, By Polyethylene, 2021-2031F |
6.2.3 Grenada Polymers Market Revenues & Volume, By Polyvinyl Chloride, 2021-2031F |
6.2.4 Grenada Polymers Market Revenues & Volume, By Polypropylene, 2021-2031F |
6.2.5 Grenada Polymers Market Revenues & Volume, By Polystyrene, 2021-2031F |
6.2.6 Grenada Polymers Market Revenues & Volume, By Polyamide, 2021-2031F |
6.2.7 Grenada Polymers Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.3 Grenada Polymers Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Polymers Market Revenues & Volume, By Packaging, 2021-2031F |
6.3.3 Grenada Polymers Market Revenues & Volume, By Electronics, 2021-2031F |
6.3.4 Grenada Polymers Market Revenues & Volume, By Food, 2021-2031F |
6.3.5 Grenada Polymers Market Revenues & Volume, By Petrochemicals, 2021-2031F |
6.3.6 Grenada Polymers Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.7 Grenada Polymers Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.8 Grenada Polymers Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.9 Grenada Polymers Market Revenues & Volume, By Transportation, 2021-2031F |
7 Grenada Polymers Market Import-Export Trade Statistics |
7.1 Grenada Polymers Market Export to Major Countries |
7.2 Grenada Polymers Market Imports from Major Countries |
8 Grenada Polymers Market Key Performance Indicators |
8.1 Percentage of recycled materials used in polymer production |
8.2 Research and development investment in sustainable polymer technologies |
8.3 Carbon footprint reduction initiatives in polymer manufacturing |
9 Grenada Polymers Market - Opportunity Assessment |
9.1 Grenada Polymers Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Polymers Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Grenada Polymers Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Polymers Market - Competitive Landscape |
10.1 Grenada Polymers Market Revenue Share, By Companies, 2024 |
10.2 Grenada Polymers 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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