| Product Code: ETC7371020 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to heavily rely on Lebanon, Trinidad and Tobago, Canada, UAE, and the USA for its building insulation materials imports. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, there was a notable growth spike of 24.45% from 2023 to 2024. This suggests a potential shift or surge in demand for building insulation materials in Grenada, which could present opportunities for market players to capitalize on this growing trend.
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 Building Insulation Materials Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Building Insulation Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Building Insulation Materials Market - Industry Life Cycle |
3.4 Grenada Building Insulation Materials Market - Porter's Five Forces |
3.5 Grenada Building Insulation Materials Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Grenada Building Insulation Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Building Insulation Materials Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Building Insulation Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Building Insulation Materials Market Trends |
6 Grenada Building Insulation Materials Market, By Types |
6.1 Grenada Building Insulation Materials Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Building Insulation Materials Market Revenues & Volume, By Material Type, 2021- 2031F |
6.1.3 Grenada Building Insulation Materials Market Revenues & Volume, By Fiberglass, 2021- 2031F |
6.1.4 Grenada Building Insulation Materials Market Revenues & Volume, By Mineral Wool, 2021- 2031F |
6.1.5 Grenada Building Insulation Materials Market Revenues & Volume, By Cellulose, 2021- 2031F |
6.1.6 Grenada Building Insulation Materials Market Revenues & Volume, By Polyurethane/Polyisocyanurate Foam, 2021- 2031F |
6.1.7 Grenada Building Insulation Materials Market Revenues & Volume, By Polystyrene, 2021- 2031F |
6.2 Grenada Building Insulation Materials Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Building Insulation Materials Market Revenues & Volume, By Floor and Basement, 2021- 2031F |
6.2.3 Grenada Building Insulation Materials Market Revenues & Volume, By Wall, 2021- 2031F |
6.2.4 Grenada Building Insulation Materials Market Revenues & Volume, By Roof and Ceiling, 2021- 2031F |
6.3 Grenada Building Insulation Materials Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Building Insulation Materials Market Revenues & Volume, By Residential, 2021- 2031F |
6.3.3 Grenada Building Insulation Materials Market Revenues & Volume, By Non-Residential, 2021- 2031F |
7 Grenada Building Insulation Materials Market Import-Export Trade Statistics |
7.1 Grenada Building Insulation Materials Market Export to Major Countries |
7.2 Grenada Building Insulation Materials Market Imports from Major Countries |
8 Grenada Building Insulation Materials Market Key Performance Indicators |
9 Grenada Building Insulation Materials Market - Opportunity Assessment |
9.1 Grenada Building Insulation Materials Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Grenada Building Insulation Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Building Insulation Materials Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Building Insulation Materials Market - Competitive Landscape |
10.1 Grenada Building Insulation Materials Market Revenue Share, By Companies, 2024 |
10.2 Grenada Building Insulation Materials 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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