| Product Code: ETC5712902 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s import shipments of composite coatings in 2024 continue to be dominated by top exporting countries such as the USA, Trinidad and Tobago, and China. With a very high concentration level in 2024, the market shows signs of further consolidation. The impressive Compound Annual Growth Rate (CAGR) of 21.86% from 2020 to 2024 indicates a robust and dynamic market. Additionally, the growth rate of 11.63% from 2023 to 2024 showcases sustained momentum in the import of composite coatings, reflecting a positive outlook for the industry in Grenada.
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 Composite Coatings Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Composite Coatings Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Composite Coatings Market - Industry Life Cycle |
3.4 Grenada Composite Coatings Market - Porter's Five Forces |
3.5 Grenada Composite Coatings Market Revenues & Volume Share, By Technique, 2021 & 2031F |
3.6 Grenada Composite Coatings Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Composite Coatings Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for durable and corrosion-resistant coatings in various industries |
4.2.2 Growing emphasis on environmental sustainability and regulations promoting the use of eco-friendly coatings |
4.2.3 Advancements in technology leading to the development of high-performance composite coatings |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from traditional coating materials |
4.3.3 Limited awareness and understanding of the benefits of composite coatings among end-users |
5 Grenada Composite Coatings Market Trends |
6 Grenada Composite Coatings Market Segmentations |
6.1 Grenada Composite Coatings Market, By Technique |
6.1.1 Overview and Analysis |
6.1.2 Grenada Composite Coatings Market Revenues & Volume, By Laser Melt Injection, 2021-2031F |
6.1.3 Grenada Composite Coatings Market Revenues & Volume, By Brazing, 2021-2031F |
6.1.4 Grenada Composite Coatings Market Revenues & Volume, By Electroless Plating, 2021-2031F |
6.2 Grenada Composite Coatings Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Composite Coatings Market Revenues & Volume, By Anti-Corrosion, 2021-2031F |
6.2.3 Grenada Composite Coatings Market Revenues & Volume, By UV Protection, 2021-2031F |
6.2.4 Grenada Composite Coatings Market Revenues & Volume, By Thermal Protection, 2021-2031F |
7 Grenada Composite Coatings Market Import-Export Trade Statistics |
7.1 Grenada Composite Coatings Market Export to Major Countries |
7.2 Grenada Composite Coatings Market Imports from Major Countries |
8 Grenada Composite Coatings Market Key Performance Indicators |
8.1 Research and development investment in innovative coating technologies |
8.2 Adoption rate of eco-friendly composite coatings in industries |
8.3 Number of patents filed for new composite coating formulations |
8.4 Percentage of repeat customers indicating satisfaction with composite coatings |
8.5 Rate of adoption of composite coatings in new application areas |
9 Grenada Composite Coatings Market - Opportunity Assessment |
9.1 Grenada Composite Coatings Market Opportunity Assessment, By Technique, 2021 & 2031F |
9.2 Grenada Composite Coatings Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Composite Coatings Market - Competitive Landscape |
10.1 Grenada Composite Coatings Market Revenue Share, By Companies, 2024 |
10.2 Grenada Composite Coatings 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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