| Product Code: ETC4655438 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continued to heavily rely on imports of magnetic materials, with the USA, Trinidad and Tobago, China, UK, and Panama being the top exporting countries. The market remains highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). Despite the impressive compound annual growth rate (CAGR) of 42.79% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -23.4%. This suggests a potential shift or challenge in the market dynamics, which stakeholders should monitor closely for strategic decision-making.
Grenada's Magnetic Materials market is anticipated to experience a stable growth rate of 1.67% by 2027, reflecting trends observed in the largest economy United States of America, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.

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 Magnetic Materials Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Magnetic Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Magnetic Materials Market - Industry Life Cycle |
3.4 Grenada Magnetic Materials Market - Porter's Five Forces |
3.5 Grenada Magnetic Materials Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 Grenada Magnetic Materials Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Grenada Magnetic Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Magnetic Materials Market Trends |
6 Grenada Magnetic Materials Market Segmentations |
6.1 Grenada Magnetic Materials Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Grenada Magnetic Materials Market Revenues & Volume, By Semi-hard Magnet, 2021-2031F |
6.1.3 Grenada Magnetic Materials Market Revenues & Volume, By Soft Magnet, 2021-2031F |
6.1.4 Grenada Magnetic Materials Market Revenues & Volume, By Hard Magnet, 2021-2031F |
6.2 Grenada Magnetic Materials Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Grenada Magnetic Materials Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Grenada Magnetic Materials Market Revenues & Volume, By Electronics, 2021-2031F |
6.2.4 Grenada Magnetic Materials Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.5 Grenada Magnetic Materials Market Revenues & Volume, By Power Generation, 2021-2031F |
6.2.6 Grenada Magnetic Materials Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Magnetic Materials Market Import-Export Trade Statistics |
7.1 Grenada Magnetic Materials Market Export to Major Countries |
7.2 Grenada Magnetic Materials Market Imports from Major Countries |
8 Grenada Magnetic Materials Market Key Performance Indicators |
9 Grenada Magnetic Materials Market - Opportunity Assessment |
9.1 Grenada Magnetic Materials Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 Grenada Magnetic Materials Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Grenada Magnetic Materials Market - Competitive Landscape |
10.1 Grenada Magnetic Materials Market Revenue Share, By Companies, 2024 |
10.2 Grenada Magnetic Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |