| Product Code: ETC5646402 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s thermochromic materials import market in 2024 saw significant contributions from key exporters such as the USA, China, Trinidad and Tobago, Panama, and the UK. Despite a high Herfindahl-Hirschman Index (HHI) indicating concentration, the market maintained a strong compound annual growth rate (CAGR) of 12.3% from 2020 to 2024. However, a slight decline in growth rate from 2023 to 2024 at -15.79% suggests potential fluctuations in market dynamics. The continued presence of major exporting countries highlights the importance of strategic partnerships and market diversification for sustainable growth in Grenada`s thermochromic materials sector.
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 Thermochromic Materials Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Thermochromic Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Thermochromic Materials Market - Industry Life Cycle |
3.4 Grenada Thermochromic Materials Market - Porter's Five Forces |
3.5 Grenada Thermochromic Materials Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Grenada Thermochromic Materials Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Grenada Thermochromic Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for thermochromic materials in food packaging and labeling industry |
4.2.2 Rising awareness about energy-efficient smart windows and smart textiles |
4.2.3 Growing adoption of thermochromic materials in the automotive sector |
4.3 Market Restraints |
4.3.1 High cost associated with the production of thermochromic materials |
4.3.2 Limited availability of raw materials for manufacturing thermochromic materials |
4.3.3 Stringent regulations regarding the use of certain chemicals in thermochromic materials |
5 Grenada Thermochromic Materials Market Trends |
6 Grenada Thermochromic Materials Market Segmentations |
6.1 Grenada Thermochromic Materials Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Grenada Thermochromic Materials Market Revenues & Volume, By Leuco Dyes, 2021-2031F |
6.1.3 Grenada Thermochromic Materials Market Revenues & Volume, By Liquid Crystals, 2021-2031F |
6.1.4 Grenada Thermochromic Materials Market Revenues & Volume, By Pigments, 2021-2031F |
6.2 Grenada Thermochromic Materials Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Grenada Thermochromic Materials Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.3 Grenada Thermochromic Materials Market Revenues & Volume, By Printing & Coating, 2021-2031F |
6.2.4 Grenada Thermochromic Materials Market Revenues & Volume, By Medical, 2021-2031F |
6.2.5 Grenada Thermochromic Materials Market Revenues & Volume, By Textile, 2021-2031F |
7 Grenada Thermochromic Materials Market Import-Export Trade Statistics |
7.1 Grenada Thermochromic Materials Market Export to Major Countries |
7.2 Grenada Thermochromic Materials Market Imports from Major Countries |
8 Grenada Thermochromic Materials Market Key Performance Indicators |
8.1 Research and development investment in thermochromic technologies |
8.2 Number of patents filed for new thermochromic material formulations |
8.3 Adoption rate of grenada thermochromic materials in new applications |
9 Grenada Thermochromic Materials Market - Opportunity Assessment |
9.1 Grenada Thermochromic Materials Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Grenada Thermochromic Materials Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Grenada Thermochromic Materials Market - Competitive Landscape |
10.1 Grenada Thermochromic Materials Market Revenue Share, By Companies, 2024 |
10.2 Grenada Thermochromic Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |