| Product Code: ETC5671938 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Despite the high concentration of import shipments in Grenada for propanol from top countries like USA, Trinidad and Tobago, and Guyana in 2024, the industry experienced a significant decline with a CAGR of -24.98% from 2020 to 2024. The growth rate from 2023 to 2024 also saw a decrease of -1.35%. It will be crucial to monitor market trends and factors impacting the propanol import market in Grenada to understand the reasons behind this decline and identify potential opportunities for growth in the future.
The propanol market in Grenada serves various applications, including solvent production, pharmaceuticals, and chemical intermediates. Growing industrial activities contribute to the steady demand for propanol.
The Grenada propanol market is driven by the chemical industry`s growing need for high-quality solvents and intermediates. Propanol is commonly used in the production of paints, coatings, pharmaceuticals, and personal care products. Its versatile properties make it a key ingredient in manufacturing a wide range of consumer goods and industrial chemicals. Additionally, the increasing demand for high-performance chemicals, particularly in the automotive and electronics sectors, is driving the market`s growth.
Grenadas propanol market encounters challenges such as limited industrial applications and high import dependency. Fluctuating global chemical prices and limited technical expertise in handling propanol further impact the market.
For the propanol market, Grenada encourages manufacturing that aligns with global standards in chemical safety and environmental impact. Policies focus on ensuring that production processes minimize environmental hazards, with regulations that favor sustainable and non-toxic production methods.
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 Propanol Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Propanol Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Propanol Market - Industry Life Cycle |
3.4 Grenada Propanol Market - Porter's Five Forces |
3.5 Grenada Propanol Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Propanol Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Propanol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for propanol in industries such as pharmaceuticals, cosmetics, and paints due to its versatile applications |
4.2.2 Increasing awareness about the benefits of using propanol as a solvent or chemical intermediate |
4.2.3 Shift towards eco-friendly and sustainable products driving the demand for bio-based propanol |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production cost of propanol |
4.3.2 Stringent regulations on the usage of propanol in certain applications leading to compliance challenges |
5 Grenada Propanol Market Trends |
6 Grenada Propanol Market Segmentations |
6.1 Grenada Propanol Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Propanol Market Revenues & Volume, By N-Propanol, 2021-2031F |
6.1.3 Grenada Propanol Market Revenues & Volume, By Isopropanol, 2021-2031F |
6.2 Grenada Propanol Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Propanol Market Revenues & Volume, By Direct Solvent, 2021-2031F |
6.2.3 Grenada Propanol Market Revenues & Volume, By Chemical Intermediate, 2021-2031F |
6.2.4 Grenada Propanol Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.5 Grenada Propanol Market Revenues & Volume, By Household & Personal Care, 2021-2031F |
7 Grenada Propanol Market Import-Export Trade Statistics |
7.1 Grenada Propanol Market Export to Major Countries |
7.2 Grenada Propanol Market Imports from Major Countries |
8 Grenada Propanol Market Key Performance Indicators |
8.1 Adoption rate of bio-based propanol in key industries |
8.2 Number of research and development initiatives focused on enhancing propanol production processes |
8.3 Usage of propanol in new applications or industries |
8.4 Environmental impact assessments related to propanol production and usage |
9 Grenada Propanol Market - Opportunity Assessment |
9.1 Grenada Propanol Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Propanol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Propanol Market - Competitive Landscape |
10.1 Grenada Propanol Market Revenue Share, By Companies, 2024 |
10.2 Grenada Propanol 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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