| Product Code: ETC10312294 | 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 |
Grenada`s specialty natural rubber (NBR) import market continues to thrive, with significant growth evident in 2024. Top exporters such as Costa Rica, USA, Trinidad and Tobago, Brazil, and the UK are driving this growth, showcasing the global demand for NBR in Grenada. The high Herfindahl-Hirschman Index (HHI) concentration indicates a competitive market landscape. With a remarkable Compound Annual Growth Rate (CAGR) of 23.82% from 2020 to 2024 and an impressive growth rate of 117.31% from 2023 to 2024, the future looks promising for Grenada`s NBR import market.
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 Specialty NBR Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Specialty NBR Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Specialty NBR Market - Industry Life Cycle |
3.4 Grenada Specialty NBR Market - Porter's Five Forces |
3.5 Grenada Specialty NBR Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Specialty NBR Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Specialty NBR Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 Grenada Specialty NBR Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Grenada Specialty NBR Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for specialty NBR in automotive applications due to its high resistance to oil, fuel, and heat. |
4.2.3 Technological advancements leading to the development of new applications for specialty NBR, expanding its market potential. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of specialty NBR impacting the overall cost of the product. |
4.3.2 Intense competition from alternative materials such as EPDM and silicone affecting the market share of specialty NBR suppliers. |
4.3.3 Stringent regulations regarding the use of chemicals in manufacturing processes posing challenges for specialty NBR producers. |
5 Grenada Specialty NBR Market Trends |
6 Grenada Specialty NBR Market, By Types |
6.1 Grenada Specialty NBR Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Specialty NBR Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Specialty NBR Market Revenues & Volume, By Carboxylated NBR, 2021 - 2031F |
6.1.4 Grenada Specialty NBR Market Revenues & Volume, By Hydrogenated NBR, 2021 - 2031F |
6.1.5 Grenada Specialty NBR Market Revenues & Volume, By Powdered NBR, 2021 - 2031F |
6.1.6 Grenada Specialty NBR Market Revenues & Volume, By Standard NBR, 2021 - 2031F |
6.1.7 Grenada Specialty NBR Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Grenada Specialty NBR Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Specialty NBR Market Revenues & Volume, By Seals & Gaskets, 2021 - 2031F |
6.2.3 Grenada Specialty NBR Market Revenues & Volume, By Hoses & Tubes, 2021 - 2031F |
6.2.4 Grenada Specialty NBR Market Revenues & Volume, By Belts & Cables, 2021 - 2031F |
6.2.5 Grenada Specialty NBR Market Revenues & Volume, By Adhesives & Sealants, 2021 - 2031F |
6.2.6 Grenada Specialty NBR Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Grenada Specialty NBR Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Grenada Specialty NBR Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.3 Grenada Specialty NBR Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.3.4 Grenada Specialty NBR Market Revenues & Volume, By Aerospace, 2021 - 2031F |
6.3.5 Grenada Specialty NBR Market Revenues & Volume, By Construction, 2021 - 2031F |
6.3.6 Grenada Specialty NBR Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 Grenada Specialty NBR Market, By Form |
6.4.1 Overview and Analysis |
6.4.2 Grenada Specialty NBR Market Revenues & Volume, By Liquid, 2021 - 2031F |
6.4.3 Grenada Specialty NBR Market Revenues & Volume, By Powder, 2021 - 2031F |
6.4.4 Grenada Specialty NBR Market Revenues & Volume, By Granules, 2021 - 2031F |
6.4.5 Grenada Specialty NBR Market Revenues & Volume, By Latex, 2021 - 2031F |
6.4.6 Grenada Specialty NBR Market Revenues & Volume, By Others, 2021 - 2031F |
7 Grenada Specialty NBR Market Import-Export Trade Statistics |
7.1 Grenada Specialty NBR Market Export to Major Countries |
7.2 Grenada Specialty NBR Market Imports from Major Countries |
8 Grenada Specialty NBR Market Key Performance Indicators |
8.1 Research and development investment in innovative specialty NBR formulations. |
8.2 Number of patents filed for new specialty NBR applications. |
8.3 Percentage of repeat customers indicating satisfaction with the performance of specialty NBR products. |
8.4 Adoption rate of specialty NBR in emerging industries. |
8.5 Percentage reduction in production waste through improved manufacturing processes. |
9 Grenada Specialty NBR Market - Opportunity Assessment |
9.1 Grenada Specialty NBR Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Specialty NBR Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Specialty NBR Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 Grenada Specialty NBR Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Grenada Specialty NBR Market - Competitive Landscape |
10.1 Grenada Specialty NBR Market Revenue Share, By Companies, 2024 |
10.2 Grenada Specialty NBR 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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