| Product Code: ETC5177862 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s import shipments of cutting wheels in 2024 continue to be dominated by key exporters such as the USA, Trinidad and Tobago, UK, Germany, and Canada. Despite a high concentration level indicated by the Herfindahl-Hirschman Index (HHI), the compound annual growth rate (CAGR) from 2020 to 2024 shows a steady increase of 1.79%. However, there was a notable decline in growth rate from 2023 to 2024 at -64.95%, suggesting a potential shift in market dynamics or external factors impacting the industry.
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 Cutting Wheels Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Cutting Wheels Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Cutting Wheels Market - Industry Life Cycle |
3.4 Grenada Cutting Wheels Market - Porter's Five Forces |
3.5 Grenada Cutting Wheels Market Revenues & Volume Share, By Wheel Type, 2021 & 2031F |
3.6 Grenada Cutting Wheels Market Revenues & Volume Share, By Disc Material, 2021 & 2031F |
3.7 Grenada Cutting Wheels Market Revenues & Volume Share, By Abrasive Type, 2021 & 2031F |
3.8 Grenada Cutting Wheels Market Revenues & Volume Share, By Grit Size , 2021 & 2031F |
3.9 Grenada Cutting Wheels Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.10 Grenada Cutting Wheels Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Grenada Cutting Wheels Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for precision cutting tools in industries like construction, automotive, and manufacturing |
4.2.2 Growing trend towards automation and use of advanced machinery in production processes |
4.2.3 Rising emphasis on efficiency and productivity in industrial operations |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Intense competition from other cutting tool manufacturers in the market |
4.3.3 Impact of economic downturns on overall industrial activities and demand for cutting wheels |
5 Grenada Cutting Wheels Market Trends |
6 Grenada Cutting Wheels Market Segmentations |
6.1 Grenada Cutting Wheels Market, By Wheel Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Cutting Wheels Market Revenues & Volume, By Straight Cutting Wheels, 2021-2031F |
6.1.3 Grenada Cutting Wheels Market Revenues & Volume, By Depressed Center Cutting Wheels, 2021-2031F |
6.2 Grenada Cutting Wheels Market, By Disc Material |
6.2.1 Overview and Analysis |
6.2.2 Grenada Cutting Wheels Market Revenues & Volume, By Cast Iron, 2021-2031F |
6.2.3 Grenada Cutting Wheels Market Revenues & Volume, By Steel, 2021-2031F |
6.2.4 Grenada Cutting Wheels Market Revenues & Volume, By Other Materials, 2021-2031F |
6.3 Grenada Cutting Wheels Market, By Abrasive Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Cutting Wheels Market Revenues & Volume, By Aluminum Oxide, 2021-2031F |
6.3.3 Grenada Cutting Wheels Market Revenues & Volume, By Silicon Carbide, 2021-2031F |
6.3.4 Grenada Cutting Wheels Market Revenues & Volume, By Aluminum Zirconium, 2021-2031F |
6.3.5 Grenada Cutting Wheels Market Revenues & Volume, By Seeded Gel, 2021-2031F |
6.3.6 Grenada Cutting Wheels Market Revenues & Volume, By Diamond Cutting Wheels, 2021-2031F |
6.4 Grenada Cutting Wheels Market, By Grit Size |
6.4.1 Overview and Analysis |
6.4.2 Grenada Cutting Wheels Market Revenues & Volume, By Coarse (8-24 CAMI Units), 2021-2031F |
6.4.3 Grenada Cutting Wheels Market Revenues & Volume, By Medium (30-60), 2021-2031F |
6.4.4 Grenada Cutting Wheels Market Revenues & Volume, By Fine (70-180), 2021-2031F |
6.4.5 Grenada Cutting Wheels Market Revenues & Volume, By Very Fine (220-600), 2021-2031F |
6.5 Grenada Cutting Wheels Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Grenada Cutting Wheels Market Revenues & Volume, By Metal Cutting, 2021-2031F |
6.5.3 Grenada Cutting Wheels Market Revenues & Volume, By Masonry, 2021-2031F |
6.5.4 Grenada Cutting Wheels Market Revenues & Volume, By Ceramic Cutting, 2021-2031F |
6.5.5 Grenada Cutting Wheels Market Revenues & Volume, By Notching, 2021-2031F |
6.6 Grenada Cutting Wheels Market, By End-use Industry |
6.6.1 Overview and Analysis |
6.6.2 Grenada Cutting Wheels Market Revenues & Volume, By Transportation, 2021-2031F |
6.6.3 Grenada Cutting Wheels Market Revenues & Volume, By Construction, 2021-2031F |
6.6.4 Grenada Cutting Wheels Market Revenues & Volume, By Metal Working, 2021-2031F |
6.6.5 Grenada Cutting Wheels Market Revenues & Volume, By Shipbuilding, 2021-2031F |
7 Grenada Cutting Wheels Market Import-Export Trade Statistics |
7.1 Grenada Cutting Wheels Market Export to Major Countries |
7.2 Grenada Cutting Wheels Market Imports from Major Countries |
8 Grenada Cutting Wheels Market Key Performance Indicators |
8.1 Average order value per customer |
8.2 Percentage of repeat customers |
8.3 Number of new product launches in a year |
8.4 Customer satisfaction ratings |
8.5 Rate of adoption of new technologies in manufacturing processes |
9 Grenada Cutting Wheels Market - Opportunity Assessment |
9.1 Grenada Cutting Wheels Market Opportunity Assessment, By Wheel Type, 2021 & 2031F |
9.2 Grenada Cutting Wheels Market Opportunity Assessment, By Disc Material, 2021 & 2031F |
9.3 Grenada Cutting Wheels Market Opportunity Assessment, By Abrasive Type, 2021 & 2031F |
9.4 Grenada Cutting Wheels Market Opportunity Assessment, By Grit Size , 2021 & 2031F |
9.5 Grenada Cutting Wheels Market Opportunity Assessment, By Application, 2021 & 2031F |
9.6 Grenada Cutting Wheels Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Grenada Cutting Wheels Market - Competitive Landscape |
10.1 Grenada Cutting Wheels Market Revenue Share, By Companies, 2024 |
10.2 Grenada Cutting Wheels 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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