| Product Code: ETC5662495 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | 
In 2024, Grenada`s import shipments of waterproofing admixture continued to show a high level of market concentration, with top exporting countries being Trinidad and Tobago, USA, Barbados, Saint Lucia, and the UK. Despite a notable CAGR of 19.92% from 2020 to 2024, there was a drastic decrease in growth rate from 2023 to 2024, recording at -52.46%. This fluctuation may indicate shifting market dynamics or temporary economic challenges affecting the industry. Grenada`s reliance on a few key trading partners for waterproofing admixture imports highlights the importance of diversification strategies for sustainable market growth.
Waterproofing admixtures are crucial in the construction sector for enhancing the durability and water resistance of structures. The market in Grenada is expected to grow as the country continues to invest in infrastructure development, especially in water management and housing projects. These admixtures are essential for protecting buildings from water damage caused by Grenada`s frequent rainfall and humid conditions. However, the market faces challenges such as the reliance on imports and the need for education among contractors on the benefits and proper application of these products.
The Grenada Waterproofing Admixture market is driven by the growing construction industry and the increasing need for durable, long-lasting structures. Waterproofing admixtures are essential for ensuring the longevity and integrity of buildings and infrastructure by preventing water ingress. With the demand for new residential, commercial, and infrastructure projects rising, there is a growing need for effective waterproofing solutions. Moreover, the increasing awareness about the importance of maintaining building durability in harsh weather conditions further boosts the demand for waterproofing admixtures.
The waterproofing admixture market in Grenada faces challenges due to the countrys limited construction activities and the reliance on traditional building methods. Many local construction projects do not require advanced waterproofing solutions, which restricts demand for these admixtures. Additionally, the higher costs of imported waterproofing admixtures compared to local alternatives make it difficult for contractors to adopt these products. The market is further constrained by a lack of awareness regarding the benefits of waterproofing additives, with many relying on conventional methods that may not be as effective or long-lasting. The limited availability of technical support and expertise also makes it harder to implement modern waterproofing techniques.
The government plays an essential role in promoting the waterproofing admixture market in Grenada through regulations that ensure the durability of buildings and infrastructure. Waterproofing admixtures are crucial for protecting structures from water damage, and the government enforces building codes that require the use of such materials in construction. By incentivizing the use of environmentally friendly admixtures, the government ensures that the materials used in construction are both effective and safe for the environment. Additionally, policies that focus on sustainable construction methods further drive the demand for waterproofing solutions.
| 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 Waterproofing Admixture Market Overview | 
| 3.1 Grenada Country Macro Economic Indicators | 
| 3.2 Grenada Waterproofing Admixture Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Grenada Waterproofing Admixture Market - Industry Life Cycle | 
| 3.4 Grenada Waterproofing Admixture Market - Porter's Five Forces | 
| 3.5 Grenada Waterproofing Admixture Market Revenues & Volume Share, By Type, 2021 & 2031F | 
| 3.6 Grenada Waterproofing Admixture Market Revenues & Volume Share, By Application, 2021 & 2031F | 
| 4 Grenada Waterproofing Admixture Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Increasing construction activities in Grenada | 
| 4.2.2 Growing awareness about the benefits of waterproofing admixtures | 
| 4.2.3 Stringent building regulations emphasizing the use of waterproofing solutions | 
| 4.3 Market Restraints | 
| 4.3.1 High initial costs associated with waterproofing admixtures | 
| 4.3.2 Limited availability of skilled labor for proper application and installation | 
| 5 Grenada Waterproofing Admixture Market Trends | 
| 6 Grenada Waterproofing Admixture Market Segmentations | 
| 6.1 Grenada Waterproofing Admixture Market, By Type | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Grenada Waterproofing Admixture Market Revenues & Volume, By Crystalline, 2021-2031F | 
| 6.1.3 Grenada Waterproofing Admixture Market Revenues & Volume, By Pore Blocking , 2021-2031F | 
| 6.1.4 Grenada Waterproofing Admixture Market Revenues & Volume, By Others, 2021-2031F | 
| 6.2 Grenada Waterproofing Admixture Market, By Application | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Grenada Waterproofing Admixture Market Revenues & Volume, By Building & Construction, 2021-2031F | 
| 6.2.3 Grenada Waterproofing Admixture Market Revenues & Volume, By Public Infrastructure, 2021-2031F | 
| 6.2.4 Grenada Waterproofing Admixture Market Revenues & Volume, By Commercial Space, 2021-2031F | 
| 7 Grenada Waterproofing Admixture Market Import-Export Trade Statistics | 
| 7.1 Grenada Waterproofing Admixture Market Export to Major Countries | 
| 7.2 Grenada Waterproofing Admixture Market Imports from Major Countries | 
| 8 Grenada Waterproofing Admixture Market Key Performance Indicators | 
| 8.1 Number of new construction projects incorporating waterproofing admixtures | 
| 8.2 Percentage increase in demand for waterproofing admixtures annually | 
| 8.3 Number of building code updates requiring waterproofing solutions | 
| 9 Grenada Waterproofing Admixture Market - Opportunity Assessment | 
| 9.1 Grenada Waterproofing Admixture Market Opportunity Assessment, By Type, 2021 & 2031F | 
| 9.2 Grenada Waterproofing Admixture Market Opportunity Assessment, By Application, 2021 & 2031F | 
| 10 Grenada Waterproofing Admixture Market - Competitive Landscape | 
| 10.1 Grenada Waterproofing Admixture Market Revenue Share, By Companies, 2024 | 
| 10.2 Grenada Waterproofing Admixture Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 13 Disclaimer |