| Product Code: ETC5309266 | 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 |
The import shipments of polyurethane resin to Grenada in 2024 show a high level of concentration, with the top exporting countries being the USA, Trinidad and Tobago, Saint Kitts and Nevis, UK, and Barbados. The market has experienced impressive growth, with a remarkable Compound Annual Growth Rate (CAGR) of 107.38% from 2020 to 2024. Furthermore, the growth rate from 2023 to 2024 surged to an impressive 1024.26%, indicating a significant uptrend in demand for polyurethane resin in Grenada. This data highlights the potential opportunities and competitiveness in the Grenadian polyurethane resin market.
By 2027, the Polyurethane Resin market in Grenada is anticipated to reach a growth rate of 2.83%, as part of an increasingly competitive North America region, where United States of America remains at the forefront, supported by Canada, Trinidad and Tobago, Jamaica and Bahamas, driving innovations and market adoption across sectors.

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 Polyurethane Resin Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Polyurethane Resin Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Polyurethane Resin Market - Industry Life Cycle |
3.4 Grenada Polyurethane Resin Market - Porter's Five Forces |
3.5 Grenada Polyurethane Resin Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Polyurethane Resin Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.7 Grenada Polyurethane Resin Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Polyurethane Resin Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Grenada Polyurethane Resin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable materials in construction and automotive industries |
4.2.2 Growth in the furniture and bedding industry, which uses polyurethane resin for manufacturing |
4.2.3 Technological advancements leading to the development of high-performance polyurethane resin products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in polyurethane resin production |
4.3.2 Stringent regulations regarding the use of certain chemicals in polyurethane resin formulation |
4.3.3 Intense competition from alternative materials such as plastics and composites |
5 Grenada Polyurethane Resin Market Trends |
6 Grenada Polyurethane Resin Market Segmentations |
6.1 Grenada Polyurethane Resin Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Polyurethane Resin Market Revenues & Volume, By Water-based PU Resin, 2021-2031F |
6.1.3 Grenada Polyurethane Resin Market Revenues & Volume, By Solvent-based PU Resin, 2021-2031F |
6.1.4 Grenada Polyurethane Resin Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Polyurethane Resin Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Grenada Polyurethane Resin Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.2.3 Grenada Polyurethane Resin Market Revenues & Volume, By Automobile, 2021-2031F |
6.2.4 Grenada Polyurethane Resin Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.5 Grenada Polyurethane Resin Market Revenues & Volume, By Others, 2021-2031F |
6.3 Grenada Polyurethane Resin Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Polyurethane Resin Market Revenues & Volume, By Furniture, 2021-2031F |
6.3.3 Grenada Polyurethane Resin Market Revenues & Volume, By Appliances, 2021-2031F |
6.3.4 Grenada Polyurethane Resin Market Revenues & Volume, By Automotive fuel, 2021-2031F |
6.3.5 Grenada Polyurethane Resin Market Revenues & Volume, By Footwear, 2021-2031F |
6.3.6 Grenada Polyurethane Resin Market Revenues & Volume, By Packaging, 2021-2031F |
6.3.7 Grenada Polyurethane Resin Market Revenues & Volume, By Others, 2021-2031F |
6.4 Grenada Polyurethane Resin Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Grenada Polyurethane Resin Market Revenues & Volume, By Direct/Institutional Sales, 2021-2031F |
6.4.3 Grenada Polyurethane Resin Market Revenues & Volume, By Retail Sales, 2021-2031F |
6.4.4 Grenada Polyurethane Resin Market Revenues & Volume, By Other Channel Sales, 2021-2031F |
7 Grenada Polyurethane Resin Market Import-Export Trade Statistics |
7.1 Grenada Polyurethane Resin Market Export to Major Countries |
7.2 Grenada Polyurethane Resin Market Imports from Major Countries |
8 Grenada Polyurethane Resin Market Key Performance Indicators |
8.1 Research and development investment in innovative polyurethane resin formulations |
8.2 Adoption rate of polyurethane resin in emerging applications and industries |
8.3 Percentage of market share held by bio-based or recycled polyurethane resin products |
9 Grenada Polyurethane Resin Market - Opportunity Assessment |
9.1 Grenada Polyurethane Resin Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Polyurethane Resin Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.3 Grenada Polyurethane Resin Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Polyurethane Resin Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Grenada Polyurethane Resin Market - Competitive Landscape |
10.1 Grenada Polyurethane Resin Market Revenue Share, By Companies, 2024 |
10.2 Grenada Polyurethane Resin 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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