| Product Code: ETC7365520 | 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 significant level of concentration in the market for bonded abrasives imports, with the top countries exporting being the USA, Trinidad and Tobago, UK, Germany, and Canada. Despite a modest compound annual growth rate (CAGR) of 1.79% from 2020 to 2024, there was a sharp decline in growth rate from 2023 to 2024 at -64.95%. This suggests a challenging year for the industry, potentially impacted by various factors such as global market conditions or shifts in demand.
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 Bonded Abrasives Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Bonded Abrasives Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Bonded Abrasives Market - Industry Life Cycle |
3.4 Grenada Bonded Abrasives Market - Porter's Five Forces |
3.5 Grenada Bonded Abrasives Market Revenues & Volume Share, By Bond Type, 2021 & 2031F |
3.6 Grenada Bonded Abrasives Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Bonded Abrasives Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Grenada Bonded Abrasives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the automotive and aerospace industries leading to increased demand for precision grinding tools |
4.2.2 Rising construction activities driving the demand for bonded abrasives in cutting and polishing applications |
4.2.3 Technological advancements in manufacturing processes enhancing the quality and efficiency of bonded abrasives |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of bonded abrasives |
4.3.2 Stringent regulations related to worker safety and environmental concerns affecting manufacturing processes |
4.3.3 Intense competition from substitute products such as coated abrasives and superabrasives |
5 Grenada Bonded Abrasives Market Trends |
6 Grenada Bonded Abrasives Market, By Types |
6.1 Grenada Bonded Abrasives Market, By Bond Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Bonded Abrasives Market Revenues & Volume, By Bond Type, 2021- 2031F |
6.1.3 Grenada Bonded Abrasives Market Revenues & Volume, By Vitrified Bond, 2021- 2031F |
6.1.4 Grenada Bonded Abrasives Market Revenues & Volume, By Resin Bond, 2021- 2031F |
6.1.5 Grenada Bonded Abrasives Market Revenues & Volume, By Rubber Bond, 2021- 2031F |
6.1.6 Grenada Bonded Abrasives Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Bonded Abrasives Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Bonded Abrasives Market Revenues & Volume, By Polishing, 2021- 2031F |
6.2.3 Grenada Bonded Abrasives Market Revenues & Volume, By Cutting, 2021- 2031F |
6.2.4 Grenada Bonded Abrasives Market Revenues & Volume, By Grinding, 2021- 2031F |
6.2.5 Grenada Bonded Abrasives Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Grenada Bonded Abrasives Market, By End-user Industry |
6.3.1 Overview and Analysis |
6.3.2 Grenada Bonded Abrasives Market Revenues & Volume, By Automotive, 2021- 2031F |
6.3.3 Grenada Bonded Abrasives Market Revenues & Volume, By Marine, 2021- 2031F |
6.3.4 Grenada Bonded Abrasives Market Revenues & Volume, By Aerospace, 2021- 2031F |
6.3.5 Grenada Bonded Abrasives Market Revenues & Volume, By Construction, 2021- 2031F |
6.3.6 Grenada Bonded Abrasives Market Revenues & Volume, By Metal Working, 2021- 2031F |
6.3.7 Grenada Bonded Abrasives Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Bonded Abrasives Market Import-Export Trade Statistics |
7.1 Grenada Bonded Abrasives Market Export to Major Countries |
7.2 Grenada Bonded Abrasives Market Imports from Major Countries |
8 Grenada Bonded Abrasives Market Key Performance Indicators |
8.1 Average order value per customer |
8.2 Percentage of repeat customers |
8.3 Manufacturing efficiency index |
8.4 New product adoption rate |
8.5 Customer satisfaction score |
9 Grenada Bonded Abrasives Market - Opportunity Assessment |
9.1 Grenada Bonded Abrasives Market Opportunity Assessment, By Bond Type, 2021 & 2031F |
9.2 Grenada Bonded Abrasives Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Bonded Abrasives Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Grenada Bonded Abrasives Market - Competitive Landscape |
10.1 Grenada Bonded Abrasives Market Revenue Share, By Companies, 2024 |
10.2 Grenada Bonded 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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