| Product Code: ETC7378476 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada saw a notable increase in the concentration of polyurethane powder coatings imports, with a high Herfindahl-Hirschman Index (HHI) indicating dominance by top exporting countries. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the 2020-2024 period remained strong at 10.92%. Key exporting countries such as Saint Lucia, USA, and Trinidad and Tobago continue to play a significant role in supplying polyurethane powder coatings to Grenada, with the UK and Saint Vincent and the Grenadines also making notable contributions.
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 Polyurethane Powder Coatings Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Polyurethane Powder Coatings Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Polyurethane Powder Coatings Market - Industry Life Cycle |
3.4 Grenada Polyurethane Powder Coatings Market - Porter's Five Forces |
3.5 Grenada Polyurethane Powder Coatings Market Revenues & Volume Share, By Coating Type, 2021 & 2031F |
3.6 Grenada Polyurethane Powder Coatings Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Grenada Polyurethane Powder Coatings Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for eco-friendly and sustainable coating solutions in the automotive and construction industries. |
4.2.2 Increasing adoption of polyurethane powder coatings due to their superior durability and resistance to chemicals and corrosion. |
4.2.3 Technological advancements leading to the development of innovative polyurethane powder coating formulations. |
4.3 Market Restraints |
4.3.1 High initial investment and equipment costs associated with setting up polyurethane powder coating facilities. |
4.3.2 Limited awareness and knowledge about the benefits of polyurethane powder coatings among end users. |
4.3.3 Fluctuating raw material prices impacting the overall production costs. |
5 Grenada Polyurethane Powder Coatings Market Trends |
6 Grenada Polyurethane Powder Coatings Market, By Types |
6.1 Grenada Polyurethane Powder Coatings Market, By Coating Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Polyurethane Powder Coatings Market Revenues & Volume, By Coating Type, 2021- 2031F |
6.1.3 Grenada Polyurethane Powder Coatings Market Revenues & Volume, By Protective Coatings, 2021- 2031F |
6.1.4 Grenada Polyurethane Powder Coatings Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Polyurethane Powder Coatings Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 Grenada Polyurethane Powder Coatings Market Revenues & Volume, By Aerospace, 2021- 2031F |
6.2.3 Grenada Polyurethane Powder Coatings Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.4 Grenada Polyurethane Powder Coatings Market Revenues & Volume, By Building & Construction, 2021- 2031F |
6.2.5 Grenada Polyurethane Powder Coatings Market Revenues & Volume, By Furniture, 2021- 2031F |
6.2.6 Grenada Polyurethane Powder Coatings Market Revenues & Volume, By Marine, 2021- 2031F |
6.2.7 Grenada Polyurethane Powder Coatings Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Polyurethane Powder Coatings Market Import-Export Trade Statistics |
7.1 Grenada Polyurethane Powder Coatings Market Export to Major Countries |
7.2 Grenada Polyurethane Powder Coatings Market Imports from Major Countries |
8 Grenada Polyurethane Powder Coatings Market Key Performance Indicators |
8.1 Average curing time of polyurethane powder coatings. |
8.2 Percentage of repeat customers indicating product satisfaction and loyalty. |
8.3 Rate of adoption of new polyurethane powder coating technologies by manufacturers. |
8.4 Number of certifications obtained for environmental and quality standards compliance. |
9 Grenada Polyurethane Powder Coatings Market - Opportunity Assessment |
9.1 Grenada Polyurethane Powder Coatings Market Opportunity Assessment, By Coating Type, 2021 & 2031F |
9.2 Grenada Polyurethane Powder Coatings Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Grenada Polyurethane Powder Coatings Market - Competitive Landscape |
10.1 Grenada Polyurethane Powder Coatings Market Revenue Share, By Companies, 2024 |
10.2 Grenada Polyurethane Powder Coatings 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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