Product Code: ETC4724199 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Grenada Propylene Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 1.38% in 2025, climbs to a high of 1.97% in 2028, and moderates to 1.87% by 2029.
Grenada's Propylene market is anticipated to experience a stable growth rate of 1.84% by 2027, reflecting trends observed in the largest economy United States of America, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.
Grenada`s propylene market is a cornerstone of the petrochemical industry, supporting the production of plastics, resins, and fibers. Its extensive industrial applications make it a key market segment.
The propylene market in Grenada is driven by the demand for polypropylene, which is one of the most widely used plastics globally. Propylene is a key raw material for the production of various polymer products used in automotive, packaging, textiles, and consumer goods industries. The rise in demand for lightweight materials in the automotive and packaging sectors, coupled with the growing need for sustainable plastic alternatives, is contributing to the growth of the propylene market.
Grenadas propylene market is constrained by a lack of local production facilities and limited demand from industrial sectors. High costs of importing propylene and global price fluctuations create additional barriers.
The Grenadian governments policy on propylene encourages investment in petrochemical manufacturing, focusing on both domestic supply and export opportunities. The policies are geared toward ensuring that the local market is competitive, while simultaneously addressing environmental concerns related to chemical manufacturing.
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 Propylene Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Propylene Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Propylene Market - Industry Life Cycle |
3.4 Grenada Propylene Market - Porter's Five Forces |
3.5 Grenada Propylene Market Revenues & Volume Share, By Derivatives, 2021 & 2031F |
3.6 Grenada Propylene Market Revenues & Volume Share, By Industrial Verticals, 2021 & 2031F |
3.7 Grenada Propylene Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.8 Grenada Propylene Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Grenada Propylene Market Revenues & Volume Share, By Production process Technology, 2021 & 2031F |
4 Grenada Propylene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Propylene Market Trends |
6 Grenada Propylene Market Segmentations |
6.1 Grenada Propylene Market, By Derivatives |
6.1.1 Overview and Analysis |
6.1.2 Grenada Propylene Market Revenues & Volume, By Polypropylene, 2021-2031F |
6.1.3 Grenada Propylene Market Revenues & Volume, By Propylene oxide, 2021-2031F |
6.1.4 Grenada Propylene Market Revenues & Volume, By Cumene, 2021-2031F |
6.1.5 Grenada Propylene Market Revenues & Volume, By Acrylonitrile, 2021-2031F |
6.1.6 Grenada Propylene Market Revenues & Volume, By Acrylic acid & Acrylates, 2021-2031F |
6.1.7 Grenada Propylene Market Revenues & Volume, By Alcohols, 2021-2031F |
6.2 Grenada Propylene Market, By Industrial Verticals |
6.2.1 Overview and Analysis |
6.2.2 Grenada Propylene Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Grenada Propylene Market Revenues & Volume, By Construction, 2021-2031F |
6.2.4 Grenada Propylene Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.5 Grenada Propylene Market Revenues & Volume, By Textile, 2021-2031F |
6.2.6 Grenada Propylene Market Revenues & Volume, By Others, 2021-2031F |
6.3 Grenada Propylene Market Segmentations |
6.3.1 Overview and Analysis |
6.3.2 Grenada Propylene Market Revenues & Volume, By Purity 99%, 2021-2031F |
6.3.3 Grenada Propylene Market Revenues & Volume, By Purity 99.5%, 2021-2031F |
6.3.4 Grenada Propylene Market Revenues & Volume, By Others, 2021-2031F |
6.4 Grenada Propylene Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Propylene Market Revenues & Volume, By Organic Chemical Raw Materials, 2021-2031F |
6.4.3 Grenada Propylene Market Revenues & Volume, By Synthetic Resins, 2021-2031F |
6.4.4 Grenada Propylene Market Revenues & Volume, By Fine Chemicals, 2021-2031F |
6.4.5 Grenada Propylene Market Revenues & Volume, By Other, 2021-2031F |
6.5 Grenada Propylene Market, By Production process Technology |
6.5.1 Overview and Analysis |
6.5.2 Grenada Propylene Market Revenues & Volume, By Steam Cracking, 2021-2031F |
6.5.3 Grenada Propylene Market Revenues & Volume, By Refinery, 2021-2031F |
6.5.4 Grenada Propylene Market Revenues & Volume, By On- Purpose, 2021-2031F |
7 Grenada Propylene Market Import-Export Trade Statistics |
7.1 Grenada Propylene Market Export to Major Countries |
7.2 Grenada Propylene Market Imports from Major Countries |
8 Grenada Propylene Market Key Performance Indicators |
9 Grenada Propylene Market - Opportunity Assessment |
9.1 Grenada Propylene Market Opportunity Assessment, By Derivatives, 2021 & 2031F |
9.2 Grenada Propylene Market Opportunity Assessment, By Industrial Verticals, 2021 & 2031F |
9.3 Grenada Propylene Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.4 Grenada Propylene Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Grenada Propylene Market Opportunity Assessment, By Production process Technology, 2021 & 2031F |
10 Grenada Propylene Market - Competitive Landscape |
10.1 Grenada Propylene Market Revenue Share, By Companies, 2024 |
10.2 Grenada Propylene Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |