| Product Code: ETC10405222 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Grenada continued to be a significant importer of recyclable thermosets, with top exporting countries including the USA, China, Trinidad and Tobago, Areas, nes, and Lebanon. Despite a high concentration with a very high Herfindahl-Hirschman Index (HHI), the compound annual growth rate (CAGR) from 2020 to 2024 remained strong at 8.85%. However, there was a notable decline in the growth rate from 2023 to 2024, with a decrease of -26.65%. This data indicates a dynamic market for recyclable thermosets in Grenada, influenced by various international suppliers.
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 Recyclable Thermosets Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Recyclable Thermosets Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Recyclable Thermosets Market - Industry Life Cycle |
3.4 Grenada Recyclable Thermosets Market - Porter's Five Forces |
3.5 Grenada Recyclable Thermosets Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Grenada Recyclable Thermosets Market Revenues & Volume Share, By Recycling Process, 2021 & 2031F |
3.7 Grenada Recyclable Thermosets Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Recyclable Thermosets Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Grenada Recyclable Thermosets Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about environmental sustainability and the importance of recycling. |
4.2.2 Government regulations promoting the use of recyclable materials and discouraging non-biodegradable products. |
4.2.3 Growing demand for eco-friendly products in various industries, such as automotive and construction. |
4.3 Market Restraints |
4.3.1 High initial investment and technology costs associated with developing recyclable thermoset materials. |
4.3.2 Limited availability of advanced recycling technologies and infrastructure in Grenada. |
4.3.3 Lack of standardized regulations and guidelines for recyclable thermosets, leading to confusion in the market. |
5 Grenada Recyclable Thermosets Market Trends |
6 Grenada Recyclable Thermosets Market, By Types |
6.1 Grenada Recyclable Thermosets Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Recyclable Thermosets Market Revenues & Volume, By Resin Type, 2021 - 2031F |
6.1.3 Grenada Recyclable Thermosets Market Revenues & Volume, By Epoxy, 2021 - 2031F |
6.1.4 Grenada Recyclable Thermosets Market Revenues & Volume, By Polyester, 2021 - 2031F |
6.1.5 Grenada Recyclable Thermosets Market Revenues & Volume, By Polyurethane, 2021 - 2031F |
6.2 Grenada Recyclable Thermosets Market, By Recycling Process |
6.2.1 Overview and Analysis |
6.2.2 Grenada Recyclable Thermosets Market Revenues & Volume, By Chemical Recycling, 2021 - 2031F |
6.2.3 Grenada Recyclable Thermosets Market Revenues & Volume, By Mechanical Recycling, 2021 - 2031F |
6.2.4 Grenada Recyclable Thermosets Market Revenues & Volume, By Energy Recovery, 2021 - 2031F |
6.3 Grenada Recyclable Thermosets Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Recyclable Thermosets Market Revenues & Volume, By Coatings, 2021 - 2031F |
6.3.3 Grenada Recyclable Thermosets Market Revenues & Volume, By Adhesives, 2021 - 2031F |
6.3.4 Grenada Recyclable Thermosets Market Revenues & Volume, By Composites, 2021 - 2031F |
6.4 Grenada Recyclable Thermosets Market, By End-Use |
6.4.1 Overview and Analysis |
6.4.2 Grenada Recyclable Thermosets Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.4.3 Grenada Recyclable Thermosets Market Revenues & Volume, By Construction, 2021 - 2031F |
6.4.4 Grenada Recyclable Thermosets Market Revenues & Volume, By Electronics, 2021 - 2031F |
7 Grenada Recyclable Thermosets Market Import-Export Trade Statistics |
7.1 Grenada Recyclable Thermosets Market Export to Major Countries |
7.2 Grenada Recyclable Thermosets Market Imports from Major Countries |
8 Grenada Recyclable Thermosets Market Key Performance Indicators |
8.1 Percentage of recyclable thermosets used in manufacturing processes in Grenada. |
8.2 Number of partnerships between local businesses and recycling facilities for thermoset materials. |
8.3 Rate of adoption of recyclable thermosets by key industries in Grenada. |
9 Grenada Recyclable Thermosets Market - Opportunity Assessment |
9.1 Grenada Recyclable Thermosets Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Grenada Recyclable Thermosets Market Opportunity Assessment, By Recycling Process, 2021 & 2031F |
9.3 Grenada Recyclable Thermosets Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Recyclable Thermosets Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Grenada Recyclable Thermosets Market - Competitive Landscape |
10.1 Grenada Recyclable Thermosets Market Revenue Share, By Companies, 2024 |
10.2 Grenada Recyclable Thermosets 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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