| Product Code: ETC7365521 | 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 |
Grenada`s bonded magnet import shipments in 2024 continued to see a high concentration, with the top countries exporting being the USA, Lebanon, Saint Lucia, China, and Barbados. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-2024 remained strong at 11.2%. This data suggests a stable market for bonded magnets in Grenada, with key trade partners maintaining their presence in the import market.
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 Magnet Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Bonded Magnet Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Bonded Magnet Market - Industry Life Cycle |
3.4 Grenada Bonded Magnet Market - Porter's Five Forces |
3.5 Grenada Bonded Magnet Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Bonded Magnet Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.7 Grenada Bonded Magnet Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Bonded Magnet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electric vehicles and other electronic devices that use bonded magnets |
4.2.2 Growth in renewable energy sector driving demand for wind turbines and other applications using bonded magnets |
4.2.3 Technological advancements leading to improved performance and efficiency of bonded magnets |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting production costs of bonded magnets |
4.3.2 Intense competition from other types of magnets such as neodymium magnets |
4.3.3 Regulatory challenges related to environmental concerns and waste management in the production of bonded magnets |
5 Grenada Bonded Magnet Market Trends |
6 Grenada Bonded Magnet Market, By Types |
6.1 Grenada Bonded Magnet Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Bonded Magnet Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Grenada Bonded Magnet Market Revenues & Volume, By Rare-earth Bonded Magnets, 2021- 2031F |
6.1.4 Grenada Bonded Magnet Market Revenues & Volume, By Ferrite Bonded Magnets, 2021- 2031F |
6.1.5 Grenada Bonded Magnet Market Revenues & Volume, By Hybrid Bonded Magnets, 2021- 2031F |
6.2 Grenada Bonded Magnet Market, By Process |
6.2.1 Overview and Analysis |
6.2.2 Grenada Bonded Magnet Market Revenues & Volume, By Compression, 2021- 2031F |
6.2.3 Grenada Bonded Magnet Market Revenues & Volume, By Injection Molding, 2021- 2031F |
6.2.4 Grenada Bonded Magnet Market Revenues & Volume, By Extrusion, 2021- 2031F |
6.2.5 Grenada Bonded Magnet Market Revenues & Volume, By Calendering, 2021- 2031F |
6.3 Grenada Bonded Magnet Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Bonded Magnet Market Revenues & Volume, By Automotive & Transportation, 2021- 2031F |
6.3.3 Grenada Bonded Magnet Market Revenues & Volume, By Electrical & Electronics, 2021- 2031F |
6.3.4 Grenada Bonded Magnet Market Revenues & Volume, By Industrial, 2021- 2031F |
6.3.5 Grenada Bonded Magnet Market Revenues & Volume, By Medical, 2021- 2031F |
6.3.6 Grenada Bonded Magnet Market Revenues & Volume, By Power Generation, 2021- 2031F |
6.3.7 Grenada Bonded Magnet Market Revenues & Volume, By Military & Aerospace, 2021- 2031F |
7 Grenada Bonded Magnet Market Import-Export Trade Statistics |
7.1 Grenada Bonded Magnet Market Export to Major Countries |
7.2 Grenada Bonded Magnet Market Imports from Major Countries |
8 Grenada Bonded Magnet Market Key Performance Indicators |
8.1 Average selling price of bonded magnets |
8.2 Percentage of revenue from new applications or industries |
8.3 Research and development investment in bonded magnet technologies |
9 Grenada Bonded Magnet Market - Opportunity Assessment |
9.1 Grenada Bonded Magnet Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Bonded Magnet Market Opportunity Assessment, By Process, 2021 & 2031F |
9.3 Grenada Bonded Magnet Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Bonded Magnet Market - Competitive Landscape |
10.1 Grenada Bonded Magnet Market Revenue Share, By Companies, 2024 |
10.2 Grenada Bonded Magnet 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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