| Product Code: ETC6680537 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Cape Verde continued to heavily rely on insulation materials imports, with top suppliers being Portugal, China, Italy, Spain, and Turkey. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a remarkable compound annual growth rate (CAGR) of 19.87% from 2020 to 2024, there was a significant decline in growth rate from 2023 to 2024 at -39.63%. This suggests a potential shift in market dynamics or external factors impacting the industry. Stakeholders should closely monitor these trends for strategic decision-making.

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 Insulation Materials Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Insulation Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Insulation Materials Market - Industry Life Cycle |
3.4 Cape Verde Insulation Materials Market - Porter's Five Forces |
3.5 Cape Verde Insulation Materials Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Insulation Materials Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.7 Cape Verde Insulation Materials Market Revenues & Volume Share, By Density, 2021 & 2031F |
3.8 Cape Verde Insulation Materials Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Cape Verde Insulation Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Insulation Materials Market Trends |
6 Cape Verde Insulation Materials Market, By Types |
6.1 Cape Verde Insulation Materials Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Insulation Materials Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Cape Verde Insulation Materials Market Revenues & Volume, By Polyurethane Spray Foam, 2021- 2031F |
6.1.4 Cape Verde Insulation Materials Market Revenues & Volume, By Rigid Foam Insulation, 2021- 2031F |
6.1.5 Cape Verde Insulation Materials Market Revenues & Volume, By Aerogel Insulation, 2021- 2031F |
6.1.6 Cape Verde Insulation Materials Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Cape Verde Insulation Materials Market, By Category |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Insulation Materials Market Revenues & Volume, By Blanket Batt Insulation and Roll Insulation, 2021- 2031F |
6.2.3 Cape Verde Insulation Materials Market Revenues & Volume, By Foam Board or Rigid Foam, 2021- 2031F |
6.2.4 Cape Verde Insulation Materials Market Revenues & Volume, By Insulated Concrete Forms, 2021- 2031F |
6.2.5 Cape Verde Insulation Materials Market Revenues & Volume, By Loose-Fill and Blown-In Insulation, 2021- 2031F |
6.2.6 Cape Verde Insulation Materials Market Revenues & Volume, By Loose-Fill and Blown-In Insulation, 2021- 2031F |
6.2.7 Cape Verde Insulation Materials Market Revenues & Volume, By Spray Foam and Foamed-In-Place Insulation, 2021- 2031F |
6.2.8 Cape Verde Insulation Materials Market Revenues & Volume, By Others, 2021- 2031F |
6.2.9 Cape Verde Insulation Materials Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Cape Verde Insulation Materials Market, By Density |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Insulation Materials Market Revenues & Volume, By Up to 100 Kg/m3, 2021- 2031F |
6.3.3 Cape Verde Insulation Materials Market Revenues & Volume, By > 100 to 200 Kg/m3, 2021- 2031F |
6.3.4 Cape Verde Insulation Materials Market Revenues & Volume, By > 200 to 500 Kg/m3, 2021- 2031F |
6.3.5 Cape Verde Insulation Materials Market Revenues & Volume, By > 500 to 700 Kg/m3, 2021- 2031F |
6.3.6 Cape Verde Insulation Materials Market Revenues & Volume, By > 700 Kg/m3, 2021- 2031F |
6.4 Cape Verde Insulation Materials Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Insulation Materials Market Revenues & Volume, By Building & Construction, 2021- 2031F |
6.4.3 Cape Verde Insulation Materials Market Revenues & Volume, By Electrical & Electronics, 2021- 2031F |
6.4.4 Cape Verde Insulation Materials Market Revenues & Volume, By Packaging, 2021- 2031F |
6.4.5 Cape Verde Insulation Materials Market Revenues & Volume, By Food & Beverages, 2021- 2031F |
6.4.6 Cape Verde Insulation Materials Market Revenues & Volume, By Automotive, 2021- 2031F |
6.4.7 Cape Verde Insulation Materials Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.4.8 Cape Verde Insulation Materials Market Revenues & Volume, By Others, 2021- 2031F |
6.4.9 Cape Verde Insulation Materials Market Revenues & Volume, By Others, 2021- 2031F |
7 Cape Verde Insulation Materials Market Import-Export Trade Statistics |
7.1 Cape Verde Insulation Materials Market Export to Major Countries |
7.2 Cape Verde Insulation Materials Market Imports from Major Countries |
8 Cape Verde Insulation Materials Market Key Performance Indicators |
9 Cape Verde Insulation Materials Market - Opportunity Assessment |
9.1 Cape Verde Insulation Materials Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Insulation Materials Market Opportunity Assessment, By Category, 2021 & 2031F |
9.3 Cape Verde Insulation Materials Market Opportunity Assessment, By Density, 2021 & 2031F |
9.4 Cape Verde Insulation Materials Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Cape Verde Insulation Materials Market - Competitive Landscape |
10.1 Cape Verde Insulation Materials Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Insulation Materials 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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