| Product Code: ETC7365478 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to see a strong demand for board insulation imports, with top exporting countries being Lebanon, China, Trinidad and Tobago, Canada, and UAE. The market concentration remained high, indicating a competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 was steady at 5.99%, while the impressive growth rate of 70.44% from 2023 to 2024 suggests a significant uptick in market activity. This data points to a positive outlook for the board insulation import market in Grenada, with opportunities for continued growth and development.
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 Board Insulation Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Board Insulation Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Board Insulation Market - Industry Life Cycle |
3.4 Grenada Board Insulation Market - Porter's Five Forces |
3.5 Grenada Board Insulation Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Board Insulation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient buildings and sustainable construction practices |
4.2.2 Rising awareness about the benefits of insulation in reducing energy consumption and carbon footprint |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Competition from alternative insulation materials such as fiberglass and foam boards |
5 Grenada Board Insulation Market Trends |
6 Grenada Board Insulation Market, By Types |
6.1 Grenada Board Insulation Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Grenada Board Insulation Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Grenada Board Insulation Market Revenues & Volume, By Building & Construction, 2021- 2031F |
6.1.4 Grenada Board Insulation Market Revenues & Volume, By Transportation, 2021- 2031F |
6.1.5 Grenada Board Insulation Market Revenues & Volume, By Industrial, 2021- 2031F |
6.1.6 Grenada Board Insulation Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Board Insulation Market Import-Export Trade Statistics |
7.1 Grenada Board Insulation Market Export to Major Countries |
7.2 Grenada Board Insulation Market Imports from Major Countries |
8 Grenada Board Insulation Market Key Performance Indicators |
8.1 Energy efficiency ratings of buildings using Grenada board insulation |
8.2 Number of green building certifications achieved by projects using Grenada board insulation |
8.3 Adoption rate of Grenada board insulation in new construction projects |
9 Grenada Board Insulation Market - Opportunity Assessment |
9.1 Grenada Board Insulation Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Board Insulation Market - Competitive Landscape |
10.1 Grenada Board Insulation Market Revenue Share, By Companies, 2024 |
10.2 Grenada Board Insulation 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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