| Product Code: ETC5347304 | 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 acetic acid import market in 2024 continued to be dominated by shipments from top exporting countries such as Saint Lucia, USA, Trinidad and Tobago, and Panama. Despite a slight decrease in growth rate from 2023 to 2024, the market maintained a high level of concentration with a Herfindahl-Hirschman Index (HHI) that remained significant. With a modest compound annual growth rate (CAGR) of 0.92% over the period of 2020-2024, the market reflects stable and consistent demand for acetic acid in Grenada.
The Acetic Acid market in Grenada is projected to grow at a stable growth rate of 1.66% by 2027, highlighting the country's increasing focus on advanced technologies within the North America region, where United States of America holds the dominant position, followed closely by Canada, Trinidad and Tobago, Jamaica and Bahamas, shaping overall regional demand.

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 Acetic Acid Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Acetic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Acetic Acid Market - Industry Life Cycle |
3.4 Grenada Acetic Acid Market - Porter's Five Forces |
3.5 Grenada Acetic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Acetic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for acetic acid in various industries such as textile, food and beverage, and pharmaceuticals. |
4.2.2 Growing adoption of acetic acid in the production of polymers and plastics. |
4.2.3 Rising investments in research and development for the development of innovative acetic acid derivatives. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in acetic acid production. |
4.3.2 Stringent regulations regarding environmental impact and safety concerns related to acetic acid manufacturing. |
4.3.3 Competition from alternative organic acids in the market. |
5 Grenada Acetic Acid Market Trends |
6 Grenada Acetic Acid Market Segmentations |
6.1 Grenada Acetic Acid Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Grenada Acetic Acid Market Revenues & Volume, By Vinyl Acetate Monomer, 2021-2031F |
6.1.3 Grenada Acetic Acid Market Revenues & Volume, By Acetic Anhydride, 2021-2031F |
6.1.4 Grenada Acetic Acid Market Revenues & Volume, By Acetate Esters, 2021-2031F |
6.1.5 Grenada Acetic Acid Market Revenues & Volume, By Purified Terephthalic Acid, 2021-2031F |
6.1.6 Grenada Acetic Acid Market Revenues & Volume, By Ethanol, 2021-2031F |
6.1.7 Grenada Acetic Acid Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Acetic Acid Market Import-Export Trade Statistics |
7.1 Grenada Acetic Acid Market Export to Major Countries |
7.2 Grenada Acetic Acid Market Imports from Major Countries |
8 Grenada Acetic Acid Market Key Performance Indicators |
8.1 Capacity utilization rate of acetic acid production facilities in Grenada. |
8.2 Rate of adoption of acetic acid in new application areas within the Grenada market. |
8.3 Number of research collaborations or partnerships with academic institutions for acetic acid innovation in Grenada. |
9 Grenada Acetic Acid Market - Opportunity Assessment |
9.1 Grenada Acetic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Acetic Acid Market - Competitive Landscape |
10.1 Grenada Acetic Acid Market Revenue Share, By Companies, 2024 |
10.2 Grenada Acetic Acid 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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