| Product Code: ETC7381235 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to rely on imports of solvent-borne coatings, with key suppliers being the USA, Trinidad and Tobago, UK, Canada, and other areas. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite challenges, the compound annual growth rate (CAGR) from 2020 to 2024 was a steady 6.23%. However, the growth rate in 2024 showed a slight slowdown at 0.88%. This data suggests that Grenada`s demand for solvent-borne coatings remains stable, with room for potential market diversification and further growth strategies.
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 Solvent-Borne Coatings Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Solvent-Borne Coatings Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Solvent-Borne Coatings Market - Industry Life Cycle |
3.4 Grenada Solvent-Borne Coatings Market - Porter's Five Forces |
3.5 Grenada Solvent-Borne Coatings Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Solvent-Borne Coatings Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Grenada Solvent-Borne Coatings Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for eco-friendly coatings due to increasing environmental regulations |
4.2.2 Rising construction activities and infrastructure development projects |
4.2.3 Expansion of automotive and industrial sectors in Grenada |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices such as resins and solvents |
4.3.2 Health and environmental concerns associated with solvent-borne coatings |
4.3.3 Competition from alternative coating technologies like water-based coatings |
5 Grenada Solvent-Borne Coatings Market Trends |
6 Grenada Solvent-Borne Coatings Market, By Types |
6.1 Grenada Solvent-Borne Coatings Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Solvent-Borne Coatings Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Grenada Solvent-Borne Coatings Market Revenues & Volume, By One Component System Solvent Borne Coatings, 2021- 2031F |
6.1.4 Grenada Solvent-Borne Coatings Market Revenues & Volume, By Two Component System Solvent Borne Coatings, 2021- 2031F |
6.2 Grenada Solvent-Borne Coatings Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Grenada Solvent-Borne Coatings Market Revenues & Volume, By Automotive Solvent Borne Coatings, 2021- 2031F |
6.2.3 Grenada Solvent-Borne Coatings Market Revenues & Volume, By Industrial Solvent Borne Coatings, 2021- 2031F |
6.2.4 Grenada Solvent-Borne Coatings Market Revenues & Volume, By Printing Inks, 2021- 2031F |
7 Grenada Solvent-Borne Coatings Market Import-Export Trade Statistics |
7.1 Grenada Solvent-Borne Coatings Market Export to Major Countries |
7.2 Grenada Solvent-Borne Coatings Market Imports from Major Countries |
8 Grenada Solvent-Borne Coatings Market Key Performance Indicators |
8.1 Percentage of revenue from new eco-friendly solvent-borne coatings |
8.2 Number of construction permits issued in Grenada |
8.3 Volume of automotive and industrial coatings consumed in Grenada |
9 Grenada Solvent-Borne Coatings Market - Opportunity Assessment |
9.1 Grenada Solvent-Borne Coatings Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Solvent-Borne Coatings Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Grenada Solvent-Borne Coatings Market - Competitive Landscape |
10.1 Grenada Solvent-Borne Coatings Market Revenue Share, By Companies, 2024 |
10.2 Grenada Solvent-Borne 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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