| Product Code: ETC7378481 | 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 |
Grenada`s import shipments of polyurethane tires show a significant increase in concentration among the top exporting countries in 2024, with China, UK, Taiwan, USA, and Jamaica leading the way. The Herfindahl-Hirschman Index (HHI) indicates a shift towards very high concentration, reflecting a potential increase in market power for these exporters. The impressive Compound Annual Growth Rate (CAGR) of 18.74% from 2020 to 2024 demonstrates strong sustained growth, while the exceptional growth rate of 38.02% from 2023 to 2024 highlights a recent surge in demand for polyurethane tires in Grenada.
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 Tire Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Polyurethane Tire Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Polyurethane Tire Market - Industry Life Cycle |
3.4 Grenada Polyurethane Tire Market - Porter's Five Forces |
3.5 Grenada Polyurethane Tire Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Polyurethane Tire Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Grenada Polyurethane Tire Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and durable tire solutions |
4.2.2 Growing focus on fuel efficiency and reduced carbon emissions |
4.2.3 Expansion of the automotive industry in Grenada |
4.3 Market Restraints |
4.3.1 High initial cost of polyurethane tires compared to traditional rubber tires |
4.3.2 Limited awareness and acceptance of polyurethane tires in the market |
4.3.3 Dependency on imports for raw materials for tire production |
5 Grenada Polyurethane Tire Market Trends |
6 Grenada Polyurethane Tire Market, By Types |
6.1 Grenada Polyurethane Tire Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Polyurethane Tire Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Polyurethane Tire Market Revenues & Volume, By PPG Polyurethane, 2021- 2031F |
6.1.4 Grenada Polyurethane Tire Market Revenues & Volume, By PTMEG Polyurethane, 2021- 2031F |
6.2 Grenada Polyurethane Tire Market, By Sales Channel |
6.2.1 Overview and Analysis |
6.2.2 Grenada Polyurethane Tire Market Revenues & Volume, By OEM, 2021- 2031F |
6.2.3 Grenada Polyurethane Tire Market Revenues & Volume, By Aftermarket, 2021- 2031F |
7 Grenada Polyurethane Tire Market Import-Export Trade Statistics |
7.1 Grenada Polyurethane Tire Market Export to Major Countries |
7.2 Grenada Polyurethane Tire Market Imports from Major Countries |
8 Grenada Polyurethane Tire Market Key Performance Indicators |
8.1 Percentage increase in the number of vehicles using polyurethane tires in Grenada |
8.2 Average lifespan of polyurethane tires compared to rubber tires |
8.3 Adoption rate of polyurethane tires by major automotive manufacturers in Grenada |
9 Grenada Polyurethane Tire Market - Opportunity Assessment |
9.1 Grenada Polyurethane Tire Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Polyurethane Tire Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Grenada Polyurethane Tire Market - Competitive Landscape |
10.1 Grenada Polyurethane Tire Market Revenue Share, By Companies, 2024 |
10.2 Grenada Polyurethane Tire 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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