| Product Code: ETC4855603 | 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 |
Grenada continues to see a steady rise in imports of abrasives, with key suppliers such as the USA, Canada, Trinidad and Tobago, China, and the UK dominating the market in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. The sector`s impressive compound annual growth rate (CAGR) of 10.0% from 2020 to 2024, coupled with a growth rate of 10.69% in 2024 alone, underlines the robust demand for abrasives in Grenada. This trend suggests a positive outlook for the industry, driven by strong trade relationships and growing market opportunities.
By 2027, the Abrasives market in Grenada is anticipated to reach a growth rate of -0.21%, 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 Abrasives Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Abrasives Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Abrasives Market - Industry Life Cycle |
3.4 Grenada Abrasives Market - Porter's Five Forces |
3.5 Grenada Abrasives Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Abrasives Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Abrasives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Abrasives Market Trends |
6 Grenada Abrasives Market Segmentations |
6.1 Grenada Abrasives Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Abrasives Market Revenues & Volume, By Coated, 2021-2031F |
6.1.3 Grenada Abrasives Market Revenues & Volume, By Bonded, 2021-2031F |
6.1.4 Grenada Abrasives Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Abrasives Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Abrasives Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.2.3 Grenada Abrasives Market Revenues & Volume, By Heavy Machinery, 2021-2031F |
6.2.4 Grenada Abrasives Market Revenues & Volume, By Metal Fabrication, 2021-2031F |
6.2.5 Grenada Abrasives Market Revenues & Volume, By Electrical & Electronics Equipment, 2021-2031F |
6.2.6 Grenada Abrasives Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Abrasives Market Import-Export Trade Statistics |
7.1 Grenada Abrasives Market Export to Major Countries |
7.2 Grenada Abrasives Market Imports from Major Countries |
8 Grenada Abrasives Market Key Performance Indicators |
9 Grenada Abrasives Market - Opportunity Assessment |
9.1 Grenada Abrasives Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Abrasives Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Abrasives Market - Competitive Landscape |
10.1 Grenada Abrasives Market Revenue Share, By Companies, 2024 |
10.2 Grenada Abrasives 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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