| Product Code: ETC5750252 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Cape Verde`s epoxy import shipments continued to be dominated by top exporting countries such as Portugal, Spain, China, Netherlands, and the United States of America. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a negative compound annual growth rate (CAGR) of -9.5% from 2020 to 2024, there was a slight improvement with a growth rate of -4.86% from 2023 to 2024. This data suggests a challenging market environment for epoxy imports in Cape Verde, with potential shifts in trade dynamics worth monitoring.

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 Cape Verde Epoxy Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Epoxy Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Epoxy Market - Industry Life Cycle |
3.4 Cape Verde Epoxy Market - Porter's Five Forces |
3.5 Cape Verde Epoxy Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Epoxy Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde Epoxy Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in construction activities in Cape Verde leading to increased demand for epoxy products. |
4.2.2 Adoption of epoxy coatings in various industries such as automotive, marine, and electronics. |
4.2.3 Government initiatives promoting infrastructure development and industrial growth. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the overall cost of epoxy products. |
4.3.2 Lack of awareness about the benefits of epoxy coatings among end-users. |
4.3.3 Limited availability of skilled labor for application and maintenance of epoxy products. |
5 Cape Verde Epoxy Market Trends |
6 Cape Verde Epoxy Market Segmentations |
6.1 Cape Verde Epoxy Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Epoxy Market Revenues & Volume, By Liquid, 2021-2031F |
6.1.3 Cape Verde Epoxy Market Revenues & Volume, By Solid & Solution, 2021-2031F |
6.2 Cape Verde Epoxy Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Epoxy Market Revenues & Volume, By Construction, 2021-2031F |
6.2.3 Cape Verde Epoxy Market Revenues & Volume, By Automotive & transportation, 2021-2031F |
6.2.4 Cape Verde Epoxy Market Revenues & Volume, By Electrical & electronics, 2021-2031F |
6.2.5 Cape Verde Epoxy Market Revenues & Volume, By General industrial, 2021-2031F |
6.2.6 Cape Verde Epoxy Market Revenues & Volume, By Wind, 2021-2031F |
6.2.7 Cape Verde Epoxy Market Revenues & Volume, By Marine, 2021-2031F |
6.2.8 Cape Verde Epoxy Market Revenues & Volume, By Consumer goods, 2021-2031F |
6.2.9 Cape Verde Epoxy Market Revenues & Volume, By Consumer goods, 2021-2031F |
7 Cape Verde Epoxy Market Import-Export Trade Statistics |
7.1 Cape Verde Epoxy Market Export to Major Countries |
7.2 Cape Verde Epoxy Market Imports from Major Countries |
8 Cape Verde Epoxy Market Key Performance Indicators |
8.1 Adoption rate of epoxy coatings in key industries in Cape Verde. |
8.2 Percentage increase in infrastructure projects utilizing epoxy products. |
8.3 Number of training programs conducted to educate professionals about the advantages of epoxy coatings. |
9 Cape Verde Epoxy Market - Opportunity Assessment |
9.1 Cape Verde Epoxy Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Epoxy Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde Epoxy Market - Competitive Landscape |
10.1 Cape Verde Epoxy Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Epoxy 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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