| Product Code: ETC7368455 | 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 |
Grenada`s defense composites import market in 2024 continued to be dominated by key players such as the USA, China, and Italy. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, with limited competition among suppliers. A strong compound annual growth rate (CAGR) of 11.26% from 2020 to 2024 highlights the increasing demand for defense composites in Grenada. The growth rate of 9.3% from 2023 to 2024 suggests a sustained expansion in the market, driven by imports from countries like Lebanon and Trinidad and Tobago.
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 Defense Composites Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Defense Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Defense Composites Market - Industry Life Cycle |
3.4 Grenada Defense Composites Market - Porter's Five Forces |
3.5 Grenada Defense Composites Market Revenues & Volume Share, By Reinforcement Type, 2021 & 2031F |
3.6 Grenada Defense Composites Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 Grenada Defense Composites Market Revenues & Volume Share, By Application Type, 2021 & 2031F |
4 Grenada Defense Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Defense Composites Market Trends |
6 Grenada Defense Composites Market, By Types |
6.1 Grenada Defense Composites Market, By Reinforcement Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Defense Composites Market Revenues & Volume, By Reinforcement Type, 2021- 2031F |
6.1.3 Grenada Defense Composites Market Revenues & Volume, By Carbon Composites, 2021- 2031F |
6.1.4 Grenada Defense Composites Market Revenues & Volume, By Glass Composites, 2021- 2031F |
6.1.5 Grenada Defense Composites Market Revenues & Volume, By Aramid Composites, 2021- 2031F |
6.1.6 Grenada Defense Composites Market Revenues & Volume, By Ceramic Composites, 2021- 2031F |
6.2 Grenada Defense Composites Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Defense Composites Market Revenues & Volume, By Thermoset Composites, 2021- 2031F |
6.2.3 Grenada Defense Composites Market Revenues & Volume, By Thermoplastic Composites, 2021- 2031F |
6.2.4 Grenada Defense Composites Market Revenues & Volume, By Ceramic Matrix Composites, 2021- 2031F |
6.3 Grenada Defense Composites Market, By Application Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Defense Composites Market Revenues & Volume, By Military Aircraft, 2021- 2031F |
6.3.3 Grenada Defense Composites Market Revenues & Volume, By Naval Systems, 2021- 2031F |
6.3.4 Grenada Defense Composites Market Revenues & Volume, By Land Vehicles, 2021- 2031F |
6.3.5 Grenada Defense Composites Market Revenues & Volume, By Personal Protection, 2021- 2031F |
6.3.6 Grenada Defense Composites Market Revenues & Volume, By Arms & Ammunition, 2021- 2031F |
6.3.7 Grenada Defense Composites Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Defense Composites Market Import-Export Trade Statistics |
7.1 Grenada Defense Composites Market Export to Major Countries |
7.2 Grenada Defense Composites Market Imports from Major Countries |
8 Grenada Defense Composites Market Key Performance Indicators |
9 Grenada Defense Composites Market - Opportunity Assessment |
9.1 Grenada Defense Composites Market Opportunity Assessment, By Reinforcement Type, 2021 & 2031F |
9.2 Grenada Defense Composites Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 Grenada Defense Composites Market Opportunity Assessment, By Application Type, 2021 & 2031F |
10 Grenada Defense Composites Market - Competitive Landscape |
10.1 Grenada Defense Composites Market Revenue Share, By Companies, 2024 |
10.2 Grenada Defense Composites 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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