| Product Code: ETC5308202 | 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 Grenada Polymethyl Methacrylate Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 2.40% in 2027, following an initial rate of 1.27%, before easing to 1.57% at the end of the period.

Grenada's Polymethyl Methacrylate market is anticipated to experience a stable growth rate of 2.40% by 2027, reflecting trends observed in the largest economy United States of America, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.

Polymethyl methacrylate (PMMA) is a transparent, shatter-resistant plastic used in applications like signage, automotive parts, and optical devices. The market in Grenada is growing as demand for durable, transparent materials increases in sectors such as advertising, construction, and automotive.
The PMMA market in Grenada is driven by its applications in automotive, signage, lighting, and optical industries. PMMAs transparency, weather resistance, and ease of molding make it a preferred material for producing durable and aesthetic products. With the growing demand for optical lenses, LED lighting, and automotive components, the market is witnessing consistent growth.
The Polymethyl Methacrylate (PMMA) market in Grenada is impacted by high production costs and a lack of local production facilities. PMMA is a versatile polymer used in applications such as transparent acrylic sheets and automotive components. However, the absence of local manufacturing capabilities means Grenada relies heavily on imports, which increases costs and delays supply chains. Moreover, the competition from alternative materials such as glass and polycarbonate, which are perceived as more affordable, limits the widespread adoption of PMMA in Grenada`s industries.
Polymethyl methacrylate (PMMA) is used in a range of applications, including automotive, construction, and signage. The market in Grenada is growing, driven by demand for durable and transparent materials. Government policies promoting sustainable manufacturing and infrastructure development could stimulate growth, although competition from cheaper materials may present challenges.
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 Polymethyl Methacrylate Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Polymethyl Methacrylate Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Polymethyl Methacrylate Market - Industry Life Cycle |
3.4 Grenada Polymethyl Methacrylate Market - Porter's Five Forces |
3.5 Grenada Polymethyl Methacrylate Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Grenada Polymethyl Methacrylate Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 Grenada Polymethyl Methacrylate Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Grenada Polymethyl Methacrylate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and durable materials in various industries |
4.2.2 Growing construction sector in Grenada leading to higher demand for polymethyl methacrylate products |
4.2.3 Rising popularity of polymethyl methacrylate in automotive applications due to its properties like transparency and impact resistance |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from alternative materials like polycarbonate and PVC |
4.3.3 Regulatory challenges and environmental concerns related to the production and disposal of polymethyl methacrylate products |
5 Grenada Polymethyl Methacrylate Market Trends |
6 Grenada Polymethyl Methacrylate Market Segmentations |
6.1 Grenada Polymethyl Methacrylate Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Grenada Polymethyl Methacrylate Market Revenues & Volume, By Extruded sheet, 2021-2031F |
6.1.3 Grenada Polymethyl Methacrylate Market Revenues & Volume, By Cast acrylic sheet, 2021-2031F |
6.1.4 Grenada Polymethyl Methacrylate Market Revenues & Volume, By Pellets, 2021-2031F |
6.1.5 Grenada Polymethyl Methacrylate Market Revenues & Volume, By Beads, 2021-2031F |
6.1.6 Grenada Polymethyl Methacrylate Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Polymethyl Methacrylate Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 Grenada Polymethyl Methacrylate Market Revenues & Volume, By General purpose grade, 2021-2031F |
6.2.3 Grenada Polymethyl Methacrylate Market Revenues & Volume, By Optical grade, 2021-2031F |
6.3 Grenada Polymethyl Methacrylate Market, By End-use Industry |
6.3.1 Overview and Analysis |
6.3.2 Grenada Polymethyl Methacrylate Market Revenues & Volume, By Signs & displays, 2021-2031F |
6.3.3 Grenada Polymethyl Methacrylate Market Revenues & Volume, By Construction, 2021-2031F |
6.3.4 Grenada Polymethyl Methacrylate Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.5 Grenada Polymethyl Methacrylate Market Revenues & Volume, By Lighting Fixtures, 2021-2031F |
6.3.6 Grenada Polymethyl Methacrylate Market Revenues & Volume, By Electronics, 2021-2031F |
6.3.7 Grenada Polymethyl Methacrylate Market Revenues & Volume, By Marine, 2021-2031F |
6.3.8 Grenada Polymethyl Methacrylate Market Revenues & Volume, By Agriculture, 2021-2031F |
6.3.9 Grenada Polymethyl Methacrylate Market Revenues & Volume, By Agriculture, 2021-2031F |
7 Grenada Polymethyl Methacrylate Market Import-Export Trade Statistics |
7.1 Grenada Polymethyl Methacrylate Market Export to Major Countries |
7.2 Grenada Polymethyl Methacrylate Market Imports from Major Countries |
8 Grenada Polymethyl Methacrylate Market Key Performance Indicators |
8.1 Average selling price of polymethyl methacrylate products in Grenada |
8.2 Number of new product innovations and developments in the polymethyl methacrylate market |
8.3 Rate of adoption of polymethyl methacrylate in new applications in Grenada |
9 Grenada Polymethyl Methacrylate Market - Opportunity Assessment |
9.1 Grenada Polymethyl Methacrylate Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Grenada Polymethyl Methacrylate Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.3 Grenada Polymethyl Methacrylate Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Grenada Polymethyl Methacrylate Market - Competitive Landscape |
10.1 Grenada Polymethyl Methacrylate Market Revenue Share, By Companies, 2024 |
10.2 Grenada Polymethyl Methacrylate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |