| Product Code: ETC13009510 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Grenada saw significant import shipments of polypropylene and high impact polystyrene, predominantly sourced from top exporting countries such as the USA, Canada, UK, Areas, nes, and Trinidad and Tobago. Despite the high concentration of the Herfindahl-Hirschman Index (HHI) in 2024, indicating a competitive market, the industry experienced a remarkable compound annual growth rate (CAGR) of 56.63% from 2020 to 2024. However, there was a notable decline in the growth rate from 2023 to 2024 at -56.18%, suggesting potential challenges or shifts in market dynamics during that period.
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 Polypropylene and High Impact Polystyrene Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Polypropylene and High Impact Polystyrene Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Polypropylene and High Impact Polystyrene Market - Industry Life Cycle |
3.4 Grenada Polypropylene and High Impact Polystyrene Market - Porter's Five Forces |
3.5 Grenada Polypropylene and High Impact Polystyrene Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Polypropylene and High Impact Polystyrene Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Polypropylene and High Impact Polystyrene Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
3.8 Grenada Polypropylene and High Impact Polystyrene Market Revenues & Volume Share, By Processing Technology, 2021 & 2031F |
4 Grenada Polypropylene and High Impact Polystyrene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable and recyclable packaging solutions |
4.2.2 Growth in the construction and automotive industries driving demand for polypropylene and high impact polystyrene |
4.2.3 Technological advancements leading to improved product properties and applications |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Stringent environmental regulations affecting manufacturing processes and product development |
4.3.3 Intense competition from alternative materials such as biodegradable plastics |
5 Grenada Polypropylene and High Impact Polystyrene Market Trends |
6 Grenada Polypropylene and High Impact Polystyrene Market, By Types |
6.1 Grenada Polypropylene and High Impact Polystyrene Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Homopolymer PP, 2021 - 2031F |
6.1.4 Grenada Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Copolymer PP, 2021 - 2031F |
6.1.5 Grenada Polypropylene and High Impact Polystyrene Market Revenues & Volume, By High Impact Polystyrene (HIPS), 2021 - 2031F |
6.1.6 Grenada Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Blended PP and HIPS, 2021 - 2031F |
6.1.7 Grenada Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Grenada Polypropylene and High Impact Polystyrene Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Packaging, 2021 - 2031F |
6.2.3 Grenada Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Automotive Parts, 2021 - 2031F |
6.2.4 Grenada Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Electronic Housings, 2021 - 2031F |
6.2.5 Grenada Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Industrial Equipment, 2021 - 2031F |
6.2.6 Grenada Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Consumer Goods, 2021 - 2031F |
6.3 Grenada Polypropylene and High Impact Polystyrene Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Grenada Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Food and Beverage, 2021 - 2031F |
6.3.3 Grenada Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.4 Grenada Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Electronics, 2021 - 2031F |
6.3.5 Grenada Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Heavy Industry, 2021 - 2031F |
6.3.6 Grenada Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Consumer Staples, 2021 - 2031F |
6.4 Grenada Polypropylene and High Impact Polystyrene Market, By Processing Technology |
6.4.1 Overview and Analysis |
6.4.2 Grenada Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Injection Molding, 2021 - 2031F |
6.4.3 Grenada Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Extrusion, 2021 - 2031F |
6.4.4 Grenada Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Thermoforming, 2021 - 2031F |
6.4.5 Grenada Polypropylene and High Impact Polystyrene Market Revenues & Volume, By Blow Molding, 2021 - 2031F |
7 Grenada Polypropylene and High Impact Polystyrene Market Import-Export Trade Statistics |
7.1 Grenada Polypropylene and High Impact Polystyrene Market Export to Major Countries |
7.2 Grenada Polypropylene and High Impact Polystyrene Market Imports from Major Countries |
8 Grenada Polypropylene and High Impact Polystyrene Market Key Performance Indicators |
8.1 Percentage of recycled content used in polypropylene and high impact polystyrene products |
8.2 Research and development investment in innovative product formulations and applications |
8.3 Adoption rate of polypropylene and high impact polystyrene in new industries or applications |
9 Grenada Polypropylene and High Impact Polystyrene Market - Opportunity Assessment |
9.1 Grenada Polypropylene and High Impact Polystyrene Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Polypropylene and High Impact Polystyrene Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Polypropylene and High Impact Polystyrene Market Opportunity Assessment, By End-Use, 2021 & 2031F |
9.4 Grenada Polypropylene and High Impact Polystyrene Market Opportunity Assessment, By Processing Technology, 2021 & 2031F |
10 Grenada Polypropylene and High Impact Polystyrene Market - Competitive Landscape |
10.1 Grenada Polypropylene and High Impact Polystyrene Market Revenue Share, By Companies, 2024 |
10.2 Grenada Polypropylene and High Impact Polystyrene 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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