| Product Code: ETC12073702 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Grenada continued to rely heavily on imports of butterfly valves, with the top exporting countries being the USA, UK, Germany, Canada, and Trinidad and Tobago. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was notably negative at -20.96%, with a sharp decline in growth rate from 2023 to 2024 at -53.52%. These trends suggest challenges and fluctuations in the Grenadian butterfly valve import market, potentially influenced by various economic factors and market dynamics.
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 Butterfly Valves Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Butterfly Valves Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Butterfly Valves Market - Industry Life Cycle |
3.4 Grenada Butterfly Valves Market - Porter's Five Forces |
3.5 Grenada Butterfly Valves Market Revenues & Volume Share, By Valve Type, 2021 & 2031F |
3.6 Grenada Butterfly Valves Market Revenues & Volume Share, By Actuation Type, 2021 & 2031F |
3.7 Grenada Butterfly Valves Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Butterfly Valves Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for industrial applications that require precise flow control |
4.2.2 Growing focus on energy efficiency and environmental sustainability initiatives |
4.3 Market Restraints |
4.3.1 Intense competition from alternative valve types such as ball valves and gate valves |
4.3.2 Fluctuating raw material prices impacting manufacturing costs |
4.3.3 Regulatory challenges related to compliance with industry standards and certifications |
5 Grenada Butterfly Valves Market Trends |
6 Grenada Butterfly Valves Market, By Types |
6.1 Grenada Butterfly Valves Market, By Valve Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Butterfly Valves Market Revenues & Volume, By Valve Type, 2021 - 2031F |
6.1.3 Grenada Butterfly Valves Market Revenues & Volume, By Lug-Type Butterfly Valve, 2021 - 2031F |
6.1.4 Grenada Butterfly Valves Market Revenues & Volume, By Wafer-Type Butterfly Valve, 2021 - 2031F |
6.1.5 Grenada Butterfly Valves Market Revenues & Volume, By Double Offset Butterfly Valve, 2021 - 2031F |
6.1.6 Grenada Butterfly Valves Market Revenues & Volume, By Triple Offset Butterfly Valve, 2021 - 2031F |
6.1.7 Grenada Butterfly Valves Market Revenues & Volume, By High-Performance Butterfly Valve, 2021 - 2031F |
6.2 Grenada Butterfly Valves Market, By Actuation Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Butterfly Valves Market Revenues & Volume, By Manual, 2021 - 2031F |
6.2.3 Grenada Butterfly Valves Market Revenues & Volume, By Electric, 2021 - 2031F |
6.2.4 Grenada Butterfly Valves Market Revenues & Volume, By Pneumatic, 2021 - 2031F |
6.2.5 Grenada Butterfly Valves Market Revenues & Volume, By Hydraulic, 2021 - 2031F |
6.2.6 Grenada Butterfly Valves Market Revenues & Volume, By Smart Automation, 2021 - 2031F |
6.3 Grenada Butterfly Valves Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Butterfly Valves Market Revenues & Volume, By Water & Wastewater Treatment, 2021 - 2031F |
6.3.3 Grenada Butterfly Valves Market Revenues & Volume, By Oil & Gas, 2021 - 2031F |
6.3.4 Grenada Butterfly Valves Market Revenues & Volume, By Chemical Processing, 2021 - 2031F |
6.3.5 Grenada Butterfly Valves Market Revenues & Volume, By Power Generation, 2021 - 2031F |
6.3.6 Grenada Butterfly Valves Market Revenues & Volume, By Food & Beverage, 2021 - 2031F |
7 Grenada Butterfly Valves Market Import-Export Trade Statistics |
7.1 Grenada Butterfly Valves Market Export to Major Countries |
7.2 Grenada Butterfly Valves Market Imports from Major Countries |
8 Grenada Butterfly Valves Market Key Performance Indicators |
8.1 Percentage of butterfly valves being used in new industrial projects |
8.2 Rate of adoption of smart butterfly valves with IoT capabilities |
8.3 Number of patents filed for innovative butterfly valve designs |
8.4 Customer satisfaction scores related to product quality and performance |
8.5 Percentage of repeat customers purchasing butterfly valves |
9 Grenada Butterfly Valves Market - Opportunity Assessment |
9.1 Grenada Butterfly Valves Market Opportunity Assessment, By Valve Type, 2021 & 2031F |
9.2 Grenada Butterfly Valves Market Opportunity Assessment, By Actuation Type, 2021 & 2031F |
9.3 Grenada Butterfly Valves Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Butterfly Valves Market - Competitive Landscape |
10.1 Grenada Butterfly Valves Market Revenue Share, By Companies, 2024 |
10.2 Grenada Butterfly Valves 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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