| Product Code: ETC5386539 | 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 |
In 2024, Grenada continued to heavily rely on imports of artificial abrasives, with the USA, Canada, Trinidad and Tobago, China, and the UK being the top exporting countries. Despite a high concentration of imports, the industry saw a moderate Compound Annual Growth Rate (CAGR) of 3.4% from 2020 to 2024. However, there was a notable decline in growth from 2023 to 2024, with a negative growth rate of -9.13%. This fluctuation may indicate shifting market dynamics or external factors impacting the artificial abrasives sector in Grenada.
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 Artificial Abrasives Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Artificial Abrasives Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Artificial Abrasives Market - Industry Life Cycle |
3.4 Grenada Artificial Abrasives Market - Porter's Five Forces |
3.5 Grenada Artificial Abrasives Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Artificial Abrasives Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Artificial Abrasives Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 Grenada Artificial Abrasives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-performance abrasives in various industries such as automotive, construction, and electronics. |
4.2.2 Growing focus on precision machining and surface finishing processes driving the adoption of artificial abrasives. |
4.2.3 Technological advancements leading to the development of innovative abrasives with enhanced properties. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production cost of artificial abrasives. |
4.3.2 Stringent regulations related to environmental concerns and worker safety affecting the manufacturing processes. |
4.3.3 Competition from natural abrasives and alternative materials posing a challenge to market growth. |
5 Grenada Artificial Abrasives Market Trends |
6 Grenada Artificial Abrasives Market Segmentations |
6.1 Grenada Artificial Abrasives Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Artificial Abrasives Market Revenues & Volume, By Synthetic Diamond, 2021-2031F |
6.1.3 Grenada Artificial Abrasives Market Revenues & Volume, By Cbn, 2021-2031F |
6.1.4 Grenada Artificial Abrasives Market Revenues & Volume, By Silicon Nitride, 2021-2031F |
6.1.5 Grenada Artificial Abrasives Market Revenues & Volume, By Carbides, 2021-2031F |
6.1.6 Grenada Artificial Abrasives Market Revenues & Volume, By Ceramic Metal Oxides, 2021-2031F |
6.1.7 Grenada Artificial Abrasives Market Revenues & Volume, By Steel Abrasive, 2021-2031F |
6.2 Grenada Artificial Abrasives Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Artificial Abrasives Market Revenues & Volume, By Raw Abrasives, 2021-2031F |
6.2.3 Grenada Artificial Abrasives Market Revenues & Volume, By Coatings, Cutting & Grinding, 2021-2031F |
6.2.4 Grenada Artificial Abrasives Market Revenues & Volume, By Lapping & Polishing, 2021-2031F |
6.2.5 Grenada Artificial Abrasives Market Revenues & Volume, By Others, 2021-2031F |
6.3 Grenada Artificial Abrasives Market, By End-user |
6.3.1 Overview and Analysis |
6.3.2 Grenada Artificial Abrasives Market Revenues & Volume, By Machinery, 2021-2031F |
6.3.3 Grenada Artificial Abrasives Market Revenues & Volume, By Electrical & Electronic Equipment, 2021-2031F |
6.3.4 Grenada Artificial Abrasives Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.5 Grenada Artificial Abrasives Market Revenues & Volume, By Metal Fabrication, 2021-2031F |
6.3.6 Grenada Artificial Abrasives Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Artificial Abrasives Market Import-Export Trade Statistics |
7.1 Grenada Artificial Abrasives Market Export to Major Countries |
7.2 Grenada Artificial Abrasives Market Imports from Major Countries |
8 Grenada Artificial Abrasives Market Key Performance Indicators |
8.1 Research and development investment in new abrasive technologies. |
8.2 Adoption rate of artificial abrasives in key end-user industries. |
8.3 Number of patents filed for new artificial abrasive products. |
8.4 Utilization rate of manufacturing capacity for artificial abrasives. |
8.5 Customer satisfaction and retention levels for artificial abrasive products. |
9 Grenada Artificial Abrasives Market - Opportunity Assessment |
9.1 Grenada Artificial Abrasives Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Artificial Abrasives Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Artificial Abrasives Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 Grenada Artificial Abrasives Market - Competitive Landscape |
10.1 Grenada Artificial Abrasives Market Revenue Share, By Companies, 2024 |
10.2 Grenada Artificial Abrasives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |